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Mega Markets

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Operating status: SCAM

Website: https://megamarkets.com/; https://megamarkets.com/help-centre; https://megamarkets1.com/

Broker violations and abnormal records
  • 2023-02-22 The Belgium FSMA Added Mega Markets into Its Warnings

    On 23 Feb 2023, the Belgium Financial Services and Markets Authority (FSMA) issued a warning that Mega Markets is a fraudulent online trading platforms that are operating in the Belgian market. You may visit: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms

    On 23 Feb 2023, the Belgium Financial Services and Markets Authority (FSMA) issued a warning that Mega Markets is a fraudulent online trading platforms that are operating in the Belgian market. You may visit: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms
  • 2023-02-23 BrokersView has reviewed that Mega Markets is an Unregulated Forex Broker

    Mega Markets claims to be authorized in various jurisdictions around the world and is a reputable Forex & CFDs online broker, but does not state specifically in which countries or regulatory bodies the license is held.

    Besides, Mega Markets shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to this broker in FCA.

    More importantly, the Belgium Financial Services and Markets Authority (FSMA) warned that Mega Markets is a fraudulent online trading platform operating in the Belgian market. The truth is, Mega Markets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

    Mega Markets claims to be authorized in various jurisdictions around the world and is a reputable Forex & CFDs online broker, but does not state specifically in which countries or regulatory bodies the license is held.Besides, Mega Markets shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to this broker in FCA.More importantly, the Belgium Financial Services and Markets Authority (FSMA) warned that Mega Markets is a fraudulent online trading platform operating in the Belgian market. The truth is, Mega Markets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
  • 2023-04-23 The UK regulator FCA issued a warning against Mega Markets

    On April 24, 2023, the Financial Conduct Authority (FCA) issued a warning against Mega Markets, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/mega-markets

    On April 24, 2023, the Financial Conduct Authority (FCA) issued a warning against Mega Markets, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/mega-markets

Related Complaints

Q&A

What credit card can I use to withdraw?

Carlos Medeiros
Diekirch
2023-02-27
ANSWER Mega Markets claims to be authorized in various jurisdictions around the world and is a reputable Forex & CFDs online broker, but does not state specifically in which countries or regulatory bodies the license is held.Besides, Mega Markets shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to this broke in FCA.More importantly, the Belgium Financial Services and Markets Authority (FSMA) warned that Mega Markets is a fraudulent online trading platform operating in the Belgian market. You can check the full warning from here.The truth is, Mega Markets is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Mega Markets and trade with licensed brokers.
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