Score

1.40 /10
Danger

MetaFXTrade

Vanuatu

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.14

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

MetaFXTrade

Company Abbreviation

MetaFXTrade

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The VanuatuVFSC regulation (license number: 17901) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

MetaFXTrade · Company summary

I attendedfrom the: for the moment, we have only been able to get a rough idea of ​​the activities of MetaFXTrade looking for important information on other websites while the official website (https:// MetaFXTrade .com/ ) of the company is not available.

información general

General Information and Regulation

registered in vanuatu, MetaFXTrade It seems to be a scam broker without any trustworthy oversight at the moment, and its history lasted no more than 2 years. unfortunately, we cannot find other more detailed information about this broker on the internet. So, we advise you not to trade right off the bat with such low-information brokers, and always consult wikifx to get at least a rudimentary idea about a broker.

When choosing a Forex broker, we must know that a regulation does not necessarily guarantee the reliability of a broker, since it could be an expired or cloned regulation, but a broker without any regulation has a high possibility of being unreliable.

account types that MetaFXTrade offers

MetaFXTradeoffers a total of 5 account types: basic, standard, gold, platinum and vip. the minimum deposit to open an account is respectively $250, $500, $2,500, $50,000 and $20,000. If you are still a beginner and did not want to invest too much money in forex trading, the basic account will be the most suitable option for you. but we must also be aware that having too little capital not only reduces losses, but also returns. therefore, it may seem “unexciting” or unprofitable to you. Furthermore, accounts with smaller initial deposits tend to have less favorable trading conditions.

Tipos de cuenta

Customer Support

unfortunately, we have not found any useful information on the internet about the customer service of MetaFXTrade . Regulated brokers typically disclose their phone number, email, or business address so their clients can contact them.

Frequent questions

Is this broker regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

How much do I need to open an account with this broker? /What is the minimum initial deposit amount?

Of the different accounts, the basic account is the one with the lowest initial deposit of $250.

User Reviews

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FX1329300608
more than one year
This hateful broker has a sea of hidden rules when you withdraw your funds. Besides, its trading platform was extremely weak, and you cannot use charts at all. After one-month terrible trading, I left this platform.
This hateful broker has a sea of hidden rules when you withdraw your funds. Besides, its trading platform was extremely weak, and you cannot use charts at all. After one-month terrible trading, I left this platform.
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2023-03-07 09:52
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