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Rating Index
Pros
Regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a level of security and trust.
Established broker with a long history since 2003, indicating stability and experience in the industry.
Offers tight interbank variable spreads and high leverage options, appealing to traders seeking competitive trading conditions.
Cons
Long waiting times for customer support responses, which can be frustrating for clients needing assistance.
High commission fees of $14 per lot round turn, adding to overall trading costs compared to some competitors.
Limited payment methods and no demo account option, which may deter potential clients looking for flexibility and practice before trading.
MEGA EQUITY broker Accounts
Mega Equity Account Type
Mega Equity offers a variety of trading accounts to cater to different trading styles and experience levels. The account types include:
- Basic Account
- Minimum Deposit: $5,000
- Available Base Currencies: USD
- Spreads: Floating
- Maximum Leverage: 1:500
- Commission: $6 per round turn for spot trading, $8 per round turn for futures trading
- Standard Account
- Minimum Deposit: $50,000
- Available Base Currencies: USD
- Spreads: Floating
- Maximum Leverage: 1:500
- Commission: $4 per round turn for spot trading, $5 per round turn for futures trading
- VIP Account
- Minimum Deposit: $100,000
- Available Base Currencies: USD
- Spreads: Floating
- Maximum Leverage: 1:500
- Commission: $2 per round turn for spot trading, $3 per round turn for futures trading
- Registration
- Visit the Mega Equity website and click on the "Open Account" button.
- Fill in your personal details, including your email address and phone number.
- Account Verification
- Submit identification documents such as a passport or drivers license to verify your identity.
- Provide proof of address, such as a utility bill or bank statement.
- Funding Your Account
- Choose your preferred payment method to deposit the minimum required amount for your chosen account type.
- Funds will be credited to your trading account immediately upon successful transaction.
- Start Trading
- Once your account is verified and funded, you can log in to the trading platform and start trading.
All accounts come with discretionary trading strategies allowed and negative balance protection.
Mega Equity Broker Account Opening Process
To open an account with Mega Equity, follow these steps:
By following these steps, you can successfully open an account with Mega Equity and begin your trading journey.
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