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Meta-Traders Forex Broker provides real users with 1 positive reviews, 1 neutral reviews and 7 exposure review!

Meta-Traders Broker Review

1.44

WikiFX monitor

Business

Influence E

License

No license

Meta-Traders Review 9

Latest All(9) Positive(1) Neutral(1) Exposure(7)
Positive

Meta-Traders's web platform is great. I can check my trades, open new positions, and manage my account easily.

BenjaminSmith
2024-08-07
Neutral

Don’t use this broker they are the worst the candles are fixed it moves like crazy compared to trading view their candles are long and you can lose all your account money from one candle move

eezhou
2023-03-13
Exposure
International Fraud Group

Xu Youcheng, Chang Xiaosa, Zhao Peng, An Zhiruosu, and Miss Jin deceived people to deposit on MT5, and then locked their positions and could not withdraw

蒙山沂水
2022-09-17
Exposure
Meta Trader5 Xu Youcheng is a big liar who deceived my money

The Jianchao account was blocked, Xu Youcheng, Li Yong, Chang Chisa, and others, Ms. Jin, the customer service manager, are all liars, and Ru Liu also blocked me! Don't deposit anymore! Waiting for people to help me get principle back!

一指流沙谢幕繁华
2022-09-16
Exposure
Meta Trader 5 is the Android version of the mobile phone, and the link they gave to download and register

Since September 5th, they have officially entered their trap. They have begun to look like Luo Caiguang, Xu Zaiyou, Yin Changyao, Liu Guangjun, and the four have successively transferred 50,000 yuan, deposited funds, and released the warehouse. Now they have to pay 20,000 yuan in certification before they can withdraw money. ! I felt that I had been scammed, so I called the police, and it really happened! They are a gang, namely, Xu Youcheng and Chang Chisa, who call themselves teachers, Liu Jiaxin, who brought me in to be fooled by the first acquaintance. And the customer service Miss Jin is responsible for guiding us to transfer and deposit money! There is also Li Yong, when you lose money, come out to help you make a profit and even double your profit, and then do a hedging transaction to deliberately lock your position, so that Miss Jin from customer service will say that your position is locked and you need to How many dollars to unwind! After unloading the warehouse, he said that he needs to pay 20,000 authentication funds, otherwise he can only operate transactions, and cannot withdraw funds! Just like this step by step, through network friendship, double reeds, etc., to lure you into the game! I hope that everyone will not be cheated of hard-earned money, and these people who have lost their conscience can be vigorously punished by the law! On September 15, 2022, a worker, Li Zhensheng, made a real-name report exposed! The police have been called, Kunshan City Bacheng Town Police Station! I don't know if I can get my money back

一指流沙谢幕繁华
2022-09-15
Exposure
ASJ FOREX GLOBAL PONZI SCAM

This company is liar! 1st, they give signal for trade. Then, they change our acc to equity acc. Then, Asj automatically wd our deposit in MT5. They said because of hacker. Wtf! Now, they ask to pay USD150 to release for withdrawer. Please take action!

Syahrul
2022-07-31
Exposure
My account was locked and demanded a ransom.

I was invited to invest in Metatrader5 through a broker called SUPLEAD GLOBAL LIMITED (Company number 13602404) and my account was blocked claiming that I broke the rules. without evidence or truth With that claim system time I didn't invest. The ransom system allows me to top up the amount I have in the system to unlock in 24 hours to unlock, but I can't withdraw the money for 1 month if I don't break the rules. which I am not pleased I suspect this is a scam process. and demanded a ransom, so I didn't do it, and the next morning I unjustly lost all my money in the system.

Jeep40201
2022-07-15
Exposure
ASJ company from META 5

The ASJ company starting run a Equity system and forcing investor became part of it , and the calculate the precentage perday not only reach a 10 dollars , althought the acc has 7k something but cant withdraw the main account money , so what does the main account money use for ? just a number ?

Hock Siong Tan
2022-07-13

  

Meta-Traders 2025 Review: Everything You Need to Know

  Summary: The Meta-Traders brokerage has garnered significant attention in the forex trading community, but the overall feedback is overwhelmingly negative. Users have raised concerns about the lack of regulation, transparency issues, and difficulties in withdrawing funds. Many reviews cite Meta-Traders as potentially being a scam, with various complaints highlighting its unregulated status and problematic customer service.

  Note: It is essential to consider that the experiences with Meta-Traders can vary significantly based on the region, as different entities may operate under varying regulations. This review synthesizes information from multiple sources to ensure fairness and accuracy.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service 2
Trading Experience 3
Trustworthiness 1
User Experience 2

  How We Rate Brokers: Our ratings are based on a comprehensive analysis of user experiences, expert opinions, and factual data regarding the broker's offerings.

  

Broker Overview

  Founded in 2021, Meta-Traders is an online brokerage that claims to offer forex trading services. However, it operates without the oversight of any major regulatory authority, raising serious concerns about its credibility. The platform does not support popular trading software like MetaTrader 4 or MetaTrader 5, instead offering a web-based solution. This broker claims to facilitate trading in various assets, although specific details about the available instruments are limited.

  

Detailed Review

  

Regulatory Regions

  Meta-Traders operates without regulation from any recognized financial authority. This lack of oversight is a significant red flag, as it means that traders have no legal recourse should issues arise. According to multiple sources, including WikiFX, this unregulated status increases the risk of encountering scams or fraudulent activities.

  

Deposit/Withdrawal Methods

  The brokerage reportedly accepts deposits exclusively in cryptocurrencies, which can complicate the withdrawal process and eliminate the possibility of chargebacks. Users have expressed frustration over the withdrawal process, with several complaints about being unable to access their funds after depositing. This information is corroborated by reviews on ScamWatcher, which highlight issues with fund retrieval.

  

Minimum Deposit

  The minimum deposit required to open an account with Meta-Traders is set at $100, which is relatively low compared to many regulated brokers. However, the potential risks associated with investing in an unregulated environment may outweigh the benefits of a low entry point.

  

Bonuses/Promotions

  There is little information available regarding bonuses or promotional offers from Meta-Traders. The absence of such details may indicate a lack of competitive offerings compared to other brokers, which often provide incentives to attract new clients.

  

Tradable Asset Classes

  While Meta-Traders claims to offer a variety of trading instruments, the specifics are vague. Users have reported access to a limited selection of currency pairs, with a focus primarily on forex. The lack of clarity regarding available instruments raises concerns about the broker's transparency.

  

Costs (Spreads, Fees, Commissions)

  Specific details on spreads and commissions charged by Meta-Traders are not readily available. However, the lack of transparency surrounding costs is a common complaint among users. Many have reported that the broker does not provide clear information on trading fees, leading to confusion and frustration.

  

Leverage

  Meta-Traders advertises leverage of up to 1:100, which is relatively conservative. However, given the broker's unregulated status, the risks associated with trading on high leverage may be exacerbated. Traders should exercise caution when engaging with a broker that lacks regulatory oversight.

  

Allowed Trading Platforms

  The only platform offered by Meta-Traders is a proprietary web-based solution, which does not include the widely used MetaTrader 4 or MetaTrader 5. This limitation may deter traders who prefer the advanced features and user-friendly interfaces of these popular platforms.

  

Restricted Regions

  Meta-Traders does not provide clear information on restricted regions, but the absence of regulation may limit its appeal to traders in regions with strict financial regulations.

  

Available Customer Support Languages

  Customer support is reportedly limited to email communication, which can lead to delays in addressing user concerns. Many users have expressed dissatisfaction with the responsiveness of Meta-Traders' support team, as noted in reviews on Forex Brokerz.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service 2
Trading Experience 3
Trustworthiness 1
User Experience 2

  

Detailed Breakdown

  • Account Conditions: Users report that the account types are limited and do not offer the flexibility found with other reputable brokers.
  • Tools and Resources: The lack of advanced trading tools and resources is a significant drawback, as many traders rely on these for effective market analysis.
  • Customer Service: Numerous complaints highlight the slow response times and lack of effective support options, contributing to a poor overall experience.
  • Trading Experience: The absence of popular trading platforms like MT4 and MT5 limits the trading experience for users accustomed to these tools.
  • Trustworthiness: The unregulated nature of Meta-Traders and the numerous complaints about withdrawal issues severely impact its trustworthiness.
  • User Experience: Overall user feedback suggests a frustrating experience, with many users reporting difficulties in accessing their funds and inadequate support.

  In conclusion, the Meta-Traders review presents a concerning picture of a brokerage that lacks regulatory oversight and transparency. Potential traders should proceed with caution and consider the risks before engaging with this broker.