Mega Equity reviews

Mega Equity_logo Mega Equity 6/10 (votes 2374)

On-line since: 1999
Country of origin: Cyprus
Regulation: Cyprus Securities and Exchange Commission (CySEC)
Payment options: wire transfer, credit cards, e-wallets
Minimum account size: $500
Minimum lot size: 0.01 lots
Leverage: up to 1:400
Spreads: 0.1 pips

Mega Equity Securities & Financial Services Public Ltd is a European public joint stock company founded in 1999. The head office is located in Nicosia, Cyprus. The company was founded by renowned professionals with a long-term work experience in the field of investment services. In 2000, the company became a member of the Cyprus Stock Exchange (CSE) and received a license №011/03 as a Cypriot Stock Brokerage company.

Company’s services:

Clients are provided with investment services, which include reception and transmission of orders for one or more financial instruments, execution of orders on behalf of clients, dealing in financial instruments for own account, as well as investment advice.

Moreover, customers can get additional services, such as Safe keeping or administration in relation to one or more of the Financial Instruments, as well as the granting loans or credits that allow transactions with financial instruments.

Trading conditions:

Mega Equity is a 100% DMA / STP broker. The company offers a huge selection of financial instruments for trading, in particular, more than 50 currency pairs, precious metals, various CFDs, stocks, futures etc. In order to open an account, you need to make a deposit of $500. Despite the low spreads, the broker charges a commission of $14 per lot turnover. Mega Equity uses the MT4 platform.

Feedback from traders:

Traders noted that leverage and low spreads provide an opportunity to earn money faster, but many were dissatisfied with the work of the support service and the long withdrawal of money.

Advantages:

  • The company is regulated by the state
  • Low spreads

Disadvantages:

  • High commission
  • No choice of trading platforms

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Comments about broker

Franxes trader
review Mega Equity
13-09-21

What I love the most about Mega Equity is their low spreads. Compared to its competitors, this broker is surely winning in this department. I am able to scalp without a worry because I know that the spread would remain tight. Their platform also runs smoothly and has no delay.

Eronsa trader
review Mega Equity
21-06-21

Have been traded with Mega Equity for almost three months, this is not a perfect broker. I have profit of $720 when I gave a request for $550 withdrawal they made my account zero. Even my $350 deposit scammed by them. They are scandalous broker. Stay away that's my advice.

Sharon trader
review Mega Equity
18-06-21

Since last month I have problem with my account. They could not explain why I have issues with my account and why my deposit was delayed. Also they can not explain why the system they use is often impaired and they could not guarantee how the state of client deposits. They just kept re-quote the information that only discuss similar things. Very inflexible. Will not improve your profitability. Highly not recommend this broker. Worst company ever.

Sourav trader
review Mega Equity
24-12-20

Hi! I recently opened an account at Mega Equity. It hasn't been more than a month yet I was already able to reach my target profit rate. Short-term trading is very profitable at this broker because of their amazing platform. I am so glad that I chose this broker. Also, one important thing to note is that this broker is regulated.

Leo trader
review Mega Equity
24-09-20

I was very disappointed with all the facilities that exist in Mega equity. I lost money. Frequently had to restart the program Platform freezes at the most inconvenient moment, always to my detriment, and always my fault when I called to complain. They also haven't had much positive impression on other traders. This broker cancelled my requests today without my knowledge and proper explanation. I am very upset. I can't bear this anymore.

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