Mega Trader FX Reviews and Comments 2021



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.


Me   4 October, 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.

Scott Burgess   23 September, 2020  

What was the name of your trader? I am near in the same situation.

Louis Thibert   25 September, 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 September, 2020

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.

Amrit Subba   15 April, 2019  

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!

Andrea   5 September, 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…

Billy Palmer   1 September, 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.

Dynamic_Bo   2 August, 2016  

I can truly recommend MegaTrader. Low spreads, quick exsecution and no min deposit. plus some generous bonuses.

ladybug   11 January, 2012  


It is difficult to overestimate the role of clients' reviews about brokerage companies and dealing desks. Such reviews are the most objective statement in favor of a certain forex company or against it. Once you are not sure if Mega Trader FX is reliable, read reviews left by traders who have been trading in the forex market with this company before. Although just impressions and experience of other people are not enough to make a final decision about the forex broker, they are the evidence that will assist you in forming an objective opinion.

Opinions left by traders about Mega Trader FX may serve well to both forex newbies willing to learn most about the company and to the experienced venturers who are up to testing a new forex broker. Whenever the traders are unhappy with any element of the broker's operations, or, on the contrary, if they wish to praise the company, they are able to leave their actual comments about Mega Trader FX. These comments will help their less experienced fellow traders to make proper decisions.

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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,...

Regulation: Mega Trader FX brokerage services are provided by Trading Point of Financial Instruments Limited, an investment firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under License Number 120/10

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