MegaTradeFX is an offshore company registered in St. Vincent and the Grenadines. It is one of the leading providers of online foreign exchange trading, It is owned by Macro Projects Ltd.
Is MegaTradeFX A Regulated Broker?
MegaTradeFX claims to be registered as an International Business Company in St. Vincent and the Grenadines. But as per our research, it has not received any license from any well-known financial regulator entity and is also running anonymously. So, it is an unregulated broker.
Is It Safe To Invest With MegaTradeFX?
The main problem in dealing with an offshore and unregulated firm like MegaTradeFX is the security of your capital. It has been noticed that right after the investment, the broker freezes the account of traders preventing them from logging in back. Hence, it is strictly recommended to refrain from trading with MegaTradeFX.
How To Recover Your Amount Scammed By MegaTradeFX?
If under any circumstances, you have been scammed by MegaTradeFX, you can avail of the services of funds recovery companies listed with us. They will take the measure steps to recover your money.