HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%
MultiBank Group information and reviews
MultiBank Group
84%

Mega Trader FX Reviews and Comments written by real traders

Please login to add a review.

* Only authorized representatives of forex brokers can respond to comments. If you are one of them, please contact us.
  12 Jun 2023
Good day to all! I lost $600 with Mega Trader FX broker because of the spread. During the release of news, it increases to 20pp. this was 1 month ago. And today, calmly, without news at 00-05 terminal time, the spread increased to 30pp. And 600 dollars was blown away by the wind. There was no news, as they explained to me in technical support in the first case. I traded the euroaud pair. Be careful. Money is taken away. I had read about them before, but I didn't believe until I lost $600 myself.
  10 May 2023
This Megafx is a fraudulent scamming platform. Stay away! They asked me to deposit 3500 then want you to pay another 2000 for reflecting fees into your bank account. After waiting for withdrawals, then some account manager contacts you with an exhorbitant profit over 100k and ask that you pay another 15k to have deposits into your personal account. All the time changing accounts to deposit into. Banks advised to report, case for fraud and investigatation, accounts will be frozen, and hopefully funds reversals. Trying to help struggling people apparently! Stay far away!
  20 Jan 2023
I think I also got scam. They ask me to deposit $40 and in return it will be around $500. And now my account is 100% completed and I am asking for my withdrawal. Richard is asking me for another $200 for a company currency exchange fee for me to get my widrawal. What you guys think?
  17 Apr 2022
Definitely a scam. I used my saved cryptocurrency’s to deposit and join via the website as instructed by their agent Keisha (obvious clickbait I found). After the initial transactions my account on the site showed significant amount available for withdrawal. I wanted my initial sign-up fee of 200$ and keep the rest in the account for future uses. But I couldn’t get it or anything else I asked for. What I got was solicited for more funds up to and including 3000 to withdraw what they said I had available for me. Never saw a dime of any of it. They wouldn't even refund what I had sent them minus the initial fee to join.
  4 Oct 2020
Name of my trader is Stephanie, I deposited $1000.00, she got to $10,000 and told me I had to withdraw the whole thing, but pay her 30% commission up front to get my money, I did it, she said I will get my money in 2 hours. A day later she comes back saying I have to pay taxes, I did, another $2000.00, and again I was going to get my money on two hours, a day later she is telling me to pay $300,00 for a wire transfer. I have not done so, I smell a scam. I have tried to contact the company to no avail.
Did they ask you for your bank user name so that they can connect it to your account too?
Hope   4 Jul 2021
Why didn’t I find these reviews this morning. I started out with $500 and my account balance went up to 17600. Then was told I need to upgrade my account for $2900. Did that now. They want $1650 for my pin to withdraw my funds.
Monica   28 Oct 2021
  23 Sep 2020
I deposited $2,300 in to a megafxtrader account 4 weeks ago, and my trader worked on it for 1 week, and got the amount up to $9,855, and said sense it's my first time that I have to withdrawal all of it. and she told me I could pay her 20% after I received my money. well I went through the process to withdrawal the $9,855 and about 3 days later I get an email from megafxtrader, saying I have to pay the 20% trader commission up front, so I did I paid $2,000 and then a day later they told me I had to pay an 18.6% tax on the full withdrawal. So I did I paid $1,850 which now that's $6,150 I have invested into this process to get the $9,855. a difference of $3,705 and I was also told that rite after I paid these I would get my withdrawal immediately and this was all taken care of 2 weeks ago. and I still am sitting here with no withdrawal and I can't get the trader to contact me but like every 3 days or so and the administrators won't communicate and tell me anything for. those of you that praised megafxtrader please help me figure out who to contact to get this resolved.
What was the name of your trader? I am near in the same situation.
Louis Thibert   25 Sep 2020
It's the same with me but I started with $500 and saw a bigger picture and wound up depositing a total of $4000. tried to withdraw money and was told the same thing, that I had to pay the 20% commission out of pocket. I still haven't done it and now after reading your input, don't have faith that I'd get my money back. Anyone else having these same issues? Has anyone been able to get their money at all?? I was not told that this is the way it would work.
guest   26 Sep 2020
The same thing happens to me. Did u get your money though? Or some other information what to do?
Jeetin   14 Feb 2021
I am in the same situation. My only difference is that I told them if I need to pay all those amounts upfront including taxes and transfer. They can keep the money. My investment was $2600 + $3500 for Signal and in 7 days my profit was $51000.00 then I receive an email that I need to pay $12,100 upfront to get the profits. I don't feel countable to wiring that money, if this is really right why they don't take all the expenses, taxes, and wires from the profit. Make sense. Also, we can reinvest and continue working with the company. This is more like a pyramid scam. Is my thought.
Luz   22 Jul 2021
I think this a dirty company. I lost $6200 and I told Brandi (broker) why I have to pay $12,100 just to have my profits. Now they want me to give $2000 and they can help me to get some money back. What's wrong with this picture? Are we nuts and desperately? It is true that they were promising very great profits but at what cost. I asked for my investment money back ($2600) and keep the $3500 signal software for themselves as well the profit. I learned my lesson. I do not give one more penny.
Luz   23 Jul 2021
  15 Apr 2019
Just after I opened an account in Megatradefx, I found out that it is blacklisted by Financial Conduct Authority and I decided to close my account. Another reason was it has 100% negative review. And then my so called account manager tells me to deposit 3 times my original deposit to get my refund. He said it's a company policy and if I didn't do it I won't get my refund. I did a gamble and deposited and then he disappeared. After a while, this *** calls me back and says to deposit more money. Although my deposit is in Megatradefx live account, I can't withdraw. I'm 200% sure now this company is a fraud.
  5 Sep 2016
You'll lose all your bonuses if you can't trade. Broker offers everything for trading. I have profitable strategy by using simple MA crossing. Most of the time my positions are closed by TP. Profits factor is 1.76 and even this simple strategy works well with Mega Trader. It's a good broker not only for getting bonuses but for real trading conditions too!
  1 Sep 2016
Don't believe this company and what they say. Broker has to provide liquidity and execution is supposed to be fast. But there is no liquidity providers probably. It takes too long to find an opposite side for my orders. In most cases I don't get that price, that I want to execute my order. It's not a big deal if you trade with market maker, but if you choose company because it offers deep liquidity and finally get much worse prices than any market maker does...Just commercial and nothing else…
  2 Aug 2016
I make more money on bonuses from deposits than by trading forex through the broker. 20% on first and 10% on each next deposit. Just trade required volumes, try not to make losses and you will make money. Of course, I don't recommend this way of trading. But if you earn not knowing how to trade, you will make much more as a savvy trader just using bonus system of Mega Trader.
  11 Jan 2012
I can truly recommend MegaTrader. Low spreads, quick exsecution and no min deposit. plus some generous bonuses.
Mega Trader FX Information and Review
Mega Trader FX

Mega Trader FX offers an online Forex trading service through the award winning MetaTrader 4 platform. With supportive trading conditions, combined with the Mega Trader FX service excellence, traders can maximize their profit on the forex market. Mega Trader FX clients can trade micro, standard, and executive forex accounts, with tight spreads and best execution policies. Scalping, hedging and expert advsiors are supported. Swap-free islamic accounts are also provided upon request. Mega...

Rating & Information
Top Brokers with Traders Reviews
# Forex Broker Reviews
1FxPro InformationFxPro 955
2Olymp Trade InformationOlymp Trade 665
3Exness InformationExness 657
4FBS InformationFBS 525
5FxRevenues InformationFxRevenues 427
6LBLV InformationLBLV 409
7Fundiza InformationFundiza 397
8FiatVisions InformationFiatVisions 397
9Investment Center InformationInvestment Center 370
10XM InformationXM 369
11Octa InformationOcta 362
12Financial Centre InformationFinancial Centre 314
13Cinpax InformationCinpax 293
14RoboForex InformationRoboForex 291
15ACM InformationACM 274
16Kaarat InformationKaarat 265
17HFM InformationHFM 264
18IronFX InformationIronFX 256
19FXCC InformationFXCC 249
20Investments Global InformationInvestments Global 235
21Stockoza InformationStockoza 226
22LiteFinance InformationLiteFinance 225
23FXTM InformationFXTM 216
24eXcentral InformationeXcentral 214
25Nixse InformationNixse 208
26ProfitiX InformationProfitiX 203
27Demaxis InformationDemaxis 193
28Kiexo InformationKiexo 183
29XPro Markets InformationXPro Markets 176
30Rentalzi InformationRentalzi 173
31IXXEN InformationIXXEN 172
32The Uptrend Center InformationThe Uptrend Center 167
33Geetle InformationGeetle 154
34MRC Markets 151
35FreshForex InformationFreshForex 140
36Dukascopy InformationDukascopy 138
37Forex4you InformationForex4you 136
38PowerStox InformationPowerStox 126
39IC Markets InformationIC Markets 124
40BTG Capital InformationBTG Capital 123
41CryptoGo365 InformationCryptoGo365 120
42CryptoIFX InformationCryptoIFX 119
43FXCM InformationFXCM 118
44Forex Club InformationForex Club 115
45Kiplar InformationKiplar 115
46Kowela InformationKowela 113
47InstaForex InformationInstaForex 113
48HFTrading InformationHFTrading 112
49Admirals InformationAdmirals 110
50InvestiGram InformationInvestiGram 110
51Just2Trade InformationJust2Trade 105
52101investing Information101investing 104
53Brokereo InformationBrokereo 104
54Oanda InformationOanda 100
55FxGlory InformationFxGlory 92
56Traders Way InformationTraders Way 90
57ROinvesting InformationROinvesting 88
58T4Trade InformationT4Trade 88
59CM Trading InformationCM Trading 87
60eToro InformationeToro 84
61FortFS InformationFortFS 83
62Vlom InformationVlom 83
63Greendax InformationGreendax 83
64Buxberg InformationBuxberg 83
65Alpari InformationAlpari 82
66FOREX.com InformationFOREX.com 82
67Commerce Wealth InformationCommerce Wealth 82
68MaxiWyse InformationMaxiWyse 82
69Finaguide InformationFinaguide 80
70TradedWell InformationTradedWell 78
71HYCM InformationHYCM 76
72Uptos InformationUptos 73
73Trade12 71
74Xpoken InformationXpoken 71
75VHNX InformationVHNX 70
76Finmarket InformationFinmarket 69
77ActivTrades InformationActivTrades 66
78NordFX InformationNordFX 66
79ABInvesting InformationABInvesting 65
80CapitalXP 64
81ForexTB InformationForexTB 61
82Efixxen InformationEfixxen 61
83FIBO Group InformationFIBO Group 59
84BankeFeX InformationBankeFeX 58
85FXOpen InformationFXOpen 56
86EverFX InformationEverFX 54
87Tickmill InformationTickmill 53
88AussieTrust InformationAussieTrust 53
89AMarkets InformationAMarkets 51
90MasterForex InformationMasterForex 50
91Finex 49
92InvestMarkets InformationInvestMarkets 48
93MarketRocks InformationMarketRocks 47
94Elland Road Capital InformationElland Road Capital 45
95Axiance InformationAxiance 45
96IFC Markets InformationIFC Markets 43
97easyMarkets InformationeasyMarkets 42
98Saxo Bank InformationSaxo Bank 41
99Askobid 41
100AdroFx InformationAdroFx 41
101Xeodis InformationXeodis 41
102Luxtious InformationLuxtious 40
103ETFinance InformationETFinance 40
104AvaTrade InformationAvaTrade 38
105Crown Forex 37
106Vantage InformationVantage 35
107ACFX 35
108NorthFinance 35
109FxNet InformationFxNet 33
110FP Markets InformationFP Markets 33
111Pepperstone InformationPepperstone 32
112Livaxxen InformationLivaxxen 32
113iFOREX InformationiFOREX 29
114FX Solutions 28
115Gain Capital InformationGain Capital 26
116GFT Forex InformationGFT Forex 26
117Prime 4X 26
118Larson & Holz InformationLarson & Holz 25
119Swissquote InformationSwissquote 24
120Tradeview Markets InformationTradeview Markets 24
121AccentForex InformationAccentForex 24
122Grand Capital InformationGrand Capital 24
123PrimeXBT InformationPrimeXBT 22
124tixee Informationtixee 22
125IG Markets InformationIG Markets 21
126LegacyFX InformationLegacyFX 21
127STIFX 19
128JustMarkets InformationJustMarkets 19
129USGFX InformationUSGFX 19
130MultiBank Group InformationMultiBank Group 19
131Mega Trader FX InformationMega Trader FX 18
132Orbex InformationOrbex 18
133FXNovus InformationFXNovus 17
134Finotec InformationFinotec 16
135Alpho InformationAlpho 16
136TeleTrade InformationTeleTrade 15
137Colmex Pro InformationColmex Pro 15
138XTrade InformationXTrade 15
139FX Giants InformationFX Giants 15
140Broco 14
141WestCapFX 14
142HiWayFX 14
143BlackBull InformationBlackBull 14
144CBFX Markets 13
145ETrade FX InformationETrade FX 12
146T1Markets InformationT1Markets 12
147CMS Forex 11
148Varengold InformationVarengold 11
149United World Capital Ltd 11
150ITradeFX 11
400+ Forex Brokers
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
Octa information and reviews
Octa
79%
BlackBull information and reviews
BlackBull
78%
Ratings Forex Brokers Expert Advisors 2024 new Trading Platforms Cryptocurrencies Company Contacts Submit broker About us Authors User agreement Disclaimer Cookies policy
Forex Brokers All Forex Brokers 400+ Best Forex Brokers 2024 new Top Forex Brokers 2024 new Traders' Reviews & Comments 10 000+ Low Spread Brokers No Deposit Brokers Welcome Bonus Brokers MT5 Brokers MT4 Brokers Forex Scams 100+ Compare Forex Brokers How to Choose a Broker Open Forex Account
Online Brokers Stock Brokers Best Online Brokers 2024 Best US Brokers Best International Brokers Best Asian Brokers Market Daily Forecasts Daily Overviews Forex Market Analysis Brokers' News Promotions Webinars Contests, Expos
Forex Guides Forex for Beginners Advanced Forex Technical Analysis Strategies Signals Education & Courses Psychology Rates Exchange Rates

© 2006-2024 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.