Score

1.96 /10
Danger

MEG Capital

Mauritius

1-2 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index5.13

Risk Management Index0.00

Software Index8.60

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

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40G

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Broker Information

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Company Name

MEG CAPITAL LIMITED

Company Abbreviation

MEG Capital

Platform registered country and region

Mauritius

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

MEG Capital · Company summary
MEG Capital Review Summary
Founded2023
Registered Country/RegionMauritius
RegulationUnregulated
Market InstrumentsForex, Commodities, Crypto, CFDs
Demo Account
LeverageUp to 1:500
SpreadTight spreads (exact rates not specified)
Trading PlatformMetaTrader 5 (MT5), Web Trader
Min DepositNot specified
Customer SupportPhone: 971 54451 8848
Email: info@megcapitalfx.com
Address:20, Edith Cavell Street, Level 6 Ken Lee Building, Port Louis, Mauritius 11302

MEG Capital Information

Mauritius-based MEG Capital, created in 2023, trades forex, commodities, cryptocurrencies, and CFDs. The firm offers MetaTrader 5 and Web Trader for multiple devices. MEG Capital operates without regulation despite offering 1:500 leverage and tight spreads.

MEG Capital Information

Pros and Cons

Pros Cons
High leverage up to 1:500Unregulated, lacks financial licenses
Advanced MT5 platform supportLimited asset classes (no stocks, ETFs)
Multiple account types and demo access

Is MEG Capital Legit?

Unfortunatelly, MEG Capital is not regulated. Please note the risk!

Is MEG Capital Legit?

MEG Capital registered megcapitalfx.com on July 10, 2023, and the WHOIS database says it will expire on July 10, 2026. The domain statuses “clientDeleteProhibited” and “clientTransferProhibited,” which protect domain integrity, suggest no financial authority validity or oversight.

Is MEG Capital Legit?

What Can I Trade on MEG Capital?

MEG Capital offers over 45 Forex currency pairs, including major, minor, and exotic pairs, and 40+ cryptocurrency CFDs. MEG Capital trades commodities, particularly bullion.

Tradable Instruments Supported
Forex
Commodities
Crypto
CFD
Indexes
Stock
ETF

Account Types

Two primary account options from MEG Capital are STP (no-fee processing, best for novices) and ECN (tight spreads for experienced traders).

Personal, Joint, and Business accounts are among the choices for account ownership.

There is a free demo account with virtual funds for practice and familiarising with our trading systems and tools right now.

Account Types

Leverage

MEG Capital allows traders to maximise returns with leverage up to 1:500. High leverage lets traders hold larger positions with less capital, increasing profit possibilities.

Leverage

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MetaTrader 5 (MT5)Desktop (Windows), Mobile (iOS, Android), Web (Mac, Linux, Windows)Suitable for all traders, from beginners to advanced
Web TraderWeb (compatible with all browsers on Mac, Linux, Windows)Suitable for traders needing flexibility without software installation
Trading Platform

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User comment

6

Comments

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FX3634735951
6-12months
best company in forex market withdrawel giving very quick all staff are janiune, im suggesting my friends about this company
best company in forex market withdrawel giving very quick all staff are janiune, im suggesting my friends about this company
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2024-05-14 20:49
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om6339
more than one year
Meg capital is very good company and very fast giving me I have one year experience
Meg capital is very good company and very fast giving me I have one year experience
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2024-02-27 15:26
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