MEG Capital Forex Broker

MEG Capital Review SummaryFounded2023Registered Country/RegionMauritiusRegulationUnregulatedMarket InstrumentsForex, Commodities, Crypto, CFDsDemo Account✅LeverageUp to 1:500SpreadTight spreads (exact rates not specified)Trading PlatformMetaTrader 5 (MT5), Web TraderMin DepositNot specifiedCustomer SupportPhone: 971 54451 8848Email: info@megcapitalfx.comAddress:20, Edith Cavell Street, Level 6 Ken Lee Building, Port Louis, Mauritius 11302MEG 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.Pros and ConsPros Cons High leverage up to 1:500Unregulated, lacks financial licensesAdvanced MT5 platform supportLimited asset classes (no stocks, ETFs)Multiple account types and demo accessIs MEG Capital Legit? Unfortunatelly, MEG Capital is not regulated. Please note the risk! 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.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.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.Trading PlatformTrading PlatformSupported Available Devices Suitable forMetaTrader 5 (MT5)✔Desktop (Windows), Mobile (iOS, Android), Web (Mac, Linux, Windows)Suitable for all traders, from beginners to advancedWeb Trader✔Web (compatible with all browsers on Mac, Linux, Windows)Suitable for traders needing flexibility without software installation