Mega26 Forex Broker

Note: Mega26's official website: https://mega26.com/ is currently inaccessible normally. Mega26Review Summary Founded2024/5/2 Registered Country/RegionUnited Kingdom RegulationNot regulated Market InstrumentsCryptos, forex, indices, shares, commodities Demo Account✅ LeverageUp to 1:500 SpreadStart from 1.5 pips Trading PlatformWebTrader Min Deposit$10000 Customer SupportEmail: support@mega26.com Mega26 was registered in the United Kingdom in 2024. It provides over 500 assets, including cryptos, forex, indices, shares and commodities. Besides, its leverage is up to 1:500. However, it is not regulated by any financial authorities, even BaFin exposed this firm in its recent warning.Pros and Cons Pros Cons Multiple trading assetsNo regulation Various account typesRelatively new Maximum leverage up to 1:500Lack of transparency Demo accounts offeredIs Mega26 Legit? Mega26 is not regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Moreover, the German BaFin also exposes Mega26 in its recent warning. Mega26 is not supervised by any authorities. Traders should be cautious when trading.What Can I Trade on Mega26? Over 500 assets are provided by Mega26 for trading. Tradable Instruments Supported Cryptos✔ Forex✔ Indices✔ Shares✔ Commodities✔ Options❌ ETFs❌Account Type Mega26 offers four account types: Standard, Silver, Gold and VIP. Demo accounts are also offered. Account TypeMinimum Deposit Standard$10000 Silver$25000 Gold$50000 VIP$100000Leverage Mega26's leverage also varies depending on the different account types. Thestandard account is 1:200, Silver is 1:300, Gold is 1:400, and the maximum leverage of VIP account is 1:500. But high leverage not only brings high profits but risks.Spreads Mega26 spread starts at 1.5 pips on the Standard and Silver account. The Gold account's spread is from 0.8 pips. And the VIP is from 0.0 pips.Trading Platform Trading PlatformSupported Available Devices Suitable for WebTrader✔DesktopExperienced tradersCustomer Service Contact Options Details Phone ❌ Email support@mega26.com Support Ticket System ❌ Online Chat ❌ Social Media ❌ Supported Language English Website Language ❌ Physical Address ❌The Bottom Line To sum up, Mega26 provides various account types and over 500 trading assets for traders to choose. However, the absence of regulation and customer support methods also brings many potential risks, like legal risks and fund risks. Traders should consider all factors.FAQs Is Mega26 safe? No. It is not supervised by any financial authorities. Is Mega26 good for beginners? No. Safety is the most important factor for beginners, and it is not regulated. Is Mega26 good for day trading? No. It hides its fees and commissions.