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Meta-Traders Forex Broker provides real users with 1 positive reviews, 1 neutral reviews and 8 exposure review!

Meta-Traders Broker Review

Rating Index

WikiFX Detection

Business

Influence E

License

No license

Meta-Traders Review 10

Latest All(10) Positive(1) Neutral(1) Exposure(8)
Exposure
Cannot withdraw after profit

I am writing to express my serious concern regarding your refusal to process my withdrawal request. I deposited funds via bank transfer, and all my account activity is fully documented, transparent, and legitimate. Despite this, my funds have been blocked without a valid reason or timely explanation. I consider this a violation of fair trading practices and client fund protection, and I will not tolerate this unjustified delay any further. If my withdrawal is not processed within the next 2 working days, I will proceed with the following actions: File a formal complaint with your primary regulators, including ASIC, FCA, and any other authorities where your entity operates. Report your operations to MetaQuotes (MetaTrader platform provider) for abuse of trading practices. Submit evidence and a complaint to my local financial regulator and police, including details of the money changer/bank transfer intermediary used for the deposit. Leave public warnings and reviews on community s

FX9826954552
08-06
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

Meta Traders 2025 In-Depth Review: Opportunity or Trap?

Executive Summary

Meta Traders is an unregulated offshore broker that positions itself as a provider of advanced trading tools and platforms. However, traders should exercise extreme caution as it operates in a high-risk environment. The primary audience for Meta Traders are experienced traders who may be searching for lower trading costs and sophisticated features. Unfortunately, the lack of regulatory oversight raises serious concerns regarding the safety and security of funds deposited with this broker. Numerous reports indicate issues such as withdrawal problems and untrustworthy practices, which could lead to significant financial loss for users. Ultimately, those prioritizing security and regulatory protections are advised to consider alternative, well-regulated brokers for their trading activities.

⚠️ Important Risk Advisory & Verification Steps

Warning: Trading through Meta Traders carries significant risks due to the following indicators:

  • Lack of Regulation: Meta Traders is not licensed by any credible financial authority, which greatly increases the risk of fund mismanagement.
  • Negative User Feedback: There are multiple reports of withdrawal complications and suspicious activities that suggest potential scams.
  • Offshore Status: Being located offshore means that traders might not have legal recourse or protections typically afforded by regulated brokers.

Steps to Self-Verify:

  • Conduct Regulatory Research:
    • Visit recognized regulatory websites (like the FCA or ASIC).
    • Use tools such as the NFA's BASIC database to verify broker legitimacy.
    • Check the Brokers Claims:
      • Investigate the broker's registration details and feedback on financial forums.
      • Read User Reviews:
        • Look for consistent complaints related to withdrawal issues or fund safety.
        • Test Withdrawal Procedures:
          • Initiate small withdrawals to gauge the broker's reliability and responsiveness.
          • Consult Source Materials for Backstories:
            • Utilize articles and reports analyzing broker practices to view other users' experiences.

            Rating Framework

            Dimension Rating (Out of 5) Justification
            Trustworthiness 1 Unregulated status with warning signs of scams and negative user experiences.
            Trading Costs 3 Competitive fees but marred by high withdrawal costs and potential hidden fees.
            Platforms & Tools 2 Claims of advanced tools but lack of transparency and numerous user complaints reduce trust.
            User Experience 2 Mixed reviews with significant concerns about fund management and withdrawal processes.
            Customer Support 1 Reports of unresponsive support teams and poor service quality from the broker.
            Account Conditions 1 Unclear and unfriendly conditions for account management add layers of risk.

            Broker Overview

            Company Background and Positioning

            Meta Traders is advertised as a trading services provider, but it lacks essential regulatory oversight, raising alarms about its legitimacy. Its purported operations include forex trading and possibly CFDs; however, the lack of transparency surrounding corporate governance and fund management inherently limits its credibility.

            Core Business Overview

            Meta Traders claims to facilitate trading across a variety of asset classes including futures, options, and forex. Users should exercise caution: despite superficially appealing platform features, the broker's actual service delivery is widely reported as unreliable. The broker also lacks affiliation with any legitimate regulatory bodies, indicating potential exploitation of unknowing traders.

            Quick-Look Details Table

            Attribute Details
            Regulation Unregulated
            Minimum Deposit $100
            Leverage N/A
            Major Fees High, especially for withdrawals

            In-depth Analysis of Each Dimension

            Trustworthiness Analysis

            • Analysis of Regulatory Information Conflicts:

              Meta Traders operates in a unregulated capacity, exposing clients to a multitude of risks associated with fund mismanagement and fraudulent practices. The absence of backing by any regulatory authority significantly undermines potential users trust.

            • User Self-Verification Guide:

            • Go to regulatory websites like FCA and ASIC.
            • Use the NFA's BASIC Tool to check broker licensing.
            • Look for online reviews and forums discussing traders' experiences.
              • Industry Reputation and Summary:

                Traders have repeatedly voiced concerns over the safety of their funds.

              “I invested money but was unable to withdraw. I believe I have been scammed by Meta Traders.” - Anonymous User

              Given the negative user feedback, verification steps become critical to safeguard your capital.

              Trading Costs Analysis

              • Advantages in Commissions:

                Meta Traders markets itself with low-cost trading, appealing particularly to seasoned traders looking to minimize fees.

              • The "Traps" of Non-Trading Fees:

                Nonetheless, focus on hidden charges such as high withdrawal fees, often reported to be $30 or more per transaction.

              "$30 was deducted as a withdrawal fee without prior notice," shared a disgruntled customer.

              • Cost Structure Summary:

                While low trading costs attract potential clients, the hidden fees and unreliable refund processes transform this proposition into a net negative for users seeking transparency.

              Platforms & Tools Analysis

              • Platform Diversity:

                Meta Traders claims a robust trading infrastructure including platforms like MetaTrader 5. However, users report a lack of functionality and access to standard trading features.

              • Quality of Tools and Resources:

                Charting tools and analytics capabilities are available but critical feedback indicates that these are often hampered by system glitches and unresponsive support.

              • Platform Experience Summary:

                User experiences reflect dissatisfaction with platform reliability amidst a plethora of technical issues.

              "The platform fails to execute my trades properly, leading to significant losses." - Concerned Investor

              User Experience Analysis

              • Usability and Interface:

                The platform may seem user-friendly initially, but many traders find themselves struggling with incomplete resources and unsatisfactory performance.

              • Customer Journey:

                Reports suggest many users faced hurdles while attempting to access essential features or assistance.

              "Interacting with customer support was a painful experience. They were neither knowledgeable nor timely in their responses." - Frustrated User

              Customer Support Analysis

              • Customer Support Efficiency:

                Users have echoed frustrations regarding the inaccessibility of help and resources when needed.

              • Response Time Issues:

                Several complaints highlight extensive wait times for resolving issues, leading to further frustration in the trading process.

              Account Conditions Analysis

              • Account Features Overview:

                Lack of clarity marks the conditions under which accounts are operated. Potential clients should inquire comprehensively to comprehend potential hidden traps.

              • Client Engagement Recommendations:

                Seek detailed explanations from support prior to account openness to avoid future complications.

              Conclusion

              Meta Traders purports to be a viable trading platform for experienced traders, offering advanced tools and a suite of features. Yet, it fundamentally lacks regulatory oversight, poses significant risks to user funds, and has garnered a wealth of negative feedback indicating potential scams. Experienced traders seeking an advanced trading experience must fully weigh the implications of proceeding with Meta Traders against their own risk tolerance and long-term trading goals. Alternative brokers offering both regulatory protection and user-friendly features should be prioritized.

Meta-Traders review