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MegaCoinFX Review

Risk Index
2
Scam
MegaCoinFX is a  forex and CFD brokerage which focuses on cryptocurrency trading. The company provides а web-based trading platform, not the MetaTrader 4 platform. The company is run under the name of  Novomountain Ltd. It is addressed in Sofia, Bulgaria.

Is MegaCoinFX A Legit Firm?

MegaCoinFX claims on its website to be licensed and regulated by an authorized authority. But, according to our investigation, the broker is a scam and it has been blacklisted recently. It is just a clone website of a registered trading platform.

Is It Safe To Invest With MegaCoinFX?

Dealing with a forex broker such as MegaCoinFX increases the risk factor of your money. It has been found that this broker does not allow withdrawals and blocks your account as soon as you ask for a withdrawal. Hence, it is not a safe firm to go for trading with.

How To Recover Your Scammed Amount From MegaCoinFX?

If MegaCoinFX has cheated you with your money, feel free to avail yourself of the services of funds recovery companies listed on our website. They will take the necessary steps to get your money back safe in your hand.

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