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MeeFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 14:00

Abstract:MeeFX, established in 2020 and claiming to be registered in the United Kingdom, is an unregulated online broker that offers trading in foreign currency, metals, indices, energies, shares, exotic Forex, and cryptocurrencies. The broker provides access to the MetaTrader 4 (MT4) platform and promises high leverage of up to 1:2000 and a low minimum deposit of $5. Despite these offerings, MeeFX's website is currently inaccessible, and there is a lack of transparency regarding its operations.

  Note: MeeFX's official website - https://meefx.com is currently inaccessible normally.

MeeFX Review Summary
Founded2020
Registered Country/RegionUnited Kingdom
RegulationNo Regulation
Market InstrumentsForex, metals, indices, energy, shares, cryptos
Demo Account/
Islamic Account✅
LeverageUp to 1:2000
SpreadFrom 1 pip (Standard account)
Trading PlatformMT4
MinDeposit$5
Customer SupportTel: +44 208 144 1147
Email: support@meefx.com, support@Meefx.com
X, Facebook, YouTube
Address: New Derwent House, 69-73 Theobalds Road, London, England, WC1X 8TA, United Kingdom

  MeeFX, established in 2020 and claiming to be registered in the United Kingdom, is an unregulated online broker that offers trading in foreign currency, metals, indices, energies, shares, exotic Forex, and cryptocurrencies. The broker provides access to the MetaTrader 4 (MT4) platform and promises high leverage of up to 1:2000 and a low minimum deposit of $5. Despite these offerings, MeeFX's website is currently inaccessible, and there is a lack of transparency regarding its operations.

MeeFX's homepage

Pros and Cons

Pros Cons
Diverse trading productsNon-functional website
MT4 platformNo regulation
Low minimum deposit

Is MeeFX Legit?

  Currently, MeeFX is not subject to proper regulatory oversight. We recommend seeking alternative brokers that are duly regulated.

No license

What Can I Trade on MeeFX?

  MeeFx claims to offer traders with foreign currency, metal, index, energy, share, exotic Forex, and Crypto. However, this looks like a scam because its website cannot be reached at all.

Tradable Instruments Supported
Forex✔
Metals✔
Indices✔
Energy✔
Shares✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin DepositSuitable for
Standard $50Skilled and experienced traders
Micro $5Novices with a small deposit
Account comparison

  MeeFX also provides the Partner account. The partner account with MeeFX offers the opportunity to establish a cooperative relationship. With a commission rate of up to $45 USD per lot, partners have the potential to earn generous commissions. These commissions are paid out daily, ensuring a consistent and timely flow of income. Additionally, partners receive the dedicated support of a special manager who is at their service, providing guidance and assistance along the way.

Leverage

  The maximum leverage offered is as high as 1:2000. While such high leverage has the potential to significantly magnify your profits, it's important to remember that it can also magnify your losses.

Account TypeMax Leverage
Standard 1:1000
Micro 1:2000

Spread and Commission

Account TypeSpreadCommission
Standard From 1 pip❌
Micro From 3 pips❌

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Android, iOS, WebBeginners
MT5❌/Experienced traders
MT4

Deposit and Withdrawal

  MeeFX supports payments through Internet Banking, QRIS, Tether, Neteller, and wire transfer.

  Most deposit and withdrawal requests can be processed instantly (10-15 minutes), while only wire transfer takes up to 3 working days.

Payment options

Related broker

No Regulation
MeeFX
Company name:MeeFX Ltd.
Score
1.52
Website:https://meefx.com/en/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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