Mega Trader FX Reviews for 25 October 2021
Add ReviewI 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 Sep 2020 Reply
Scott Burgess 23 Sep 2020 Reply
What was the name of your trader? I am near in the same situation.
Louis Thibert 25 Sep 2020
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
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
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
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
Luz 23 Jul 2021
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 Apr 2019 Reply
Amrit Subba 15 Apr 2019 Reply
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 Sep 2016 Reply
Andrea 5 Sep 2016 Reply
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 Sep 2016 Reply
Billy Palmer 1 Sep 2016 Reply
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 Aug 2016 Reply
Dynamic_Bo 2 Aug 2016 Reply
I can truly recommend MegaTrader. Low spreads, quick exsecution and no min deposit. plus some generous bonuses.
ladybug 11 Jan 2012 Reply
ladybug 11 Jan 2012 Reply
Mega Trader FX
Share:
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,...
Rating & ReviewTop Forex Brokers Categories
| # | Category | Brokers |
| 1 | Low Spread Brokers | 25 |
|---|---|---|
| 2 | Bitcoin Brokers | 32 |
| 3 | MT5 Forex Brokers | 32 |
| 4 | MT4 Forex Brokers | 48 |
| 5 | ECN Forex Brokers | 35 |
| 6 | PAMM Forex Brokers | 24 |
| 7 | Scalping Brokers | 28 |
| 8 | Hedging Brokers | 36 |
| 9 | Copy Trading Brokers | 23 |
| 10 | CFD Forex Brokers | 27 |
Top Forex Advisors 2021
| # | Forex Advisor | Yield |
| 1 | Flex | 300% |
|---|---|---|
| 2 | Fortnite | 135% |
| 3 | FX Classic Trader | 335% |
| 4 | Happy Frequency | 1163% |
| 5 | FX BlasterPRO | 180% |
| 6 | Trade Manager | 65.39% |
| 7 | FXCharger | 77.31% |
| 8 | Forex Truck | 246% |
| 9 | Alfa Scalper | 49.36% |
| 10 | XFXea | 180% |
| 11 | Forex Megadroid | 95.82% |
| 12 | Forex Gump | 2200% |
| 13 | WallStreet Evolution 2.0 | 85.3% |
| 14 | Yeti Forex Robot | 14% |
| 15 | Happy Market Hours | 87.62% |
Me 4 Oct 2020 Reply
Hope 4 Jul 2021