Mega Trader FX
We checked Mega Trader FX against the AskCheck register. It has been reported (2025) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Mega Trader FX states that its brokerage services are provided by Trading Point of Financial Instruments Limited, an investment firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 120/10. While this CySEC-licensed entity does exist in the official register, our verification reveals that none of the three domains officially listed under this CySEC license correspond to the Mega Trader FX platform. Mega Trader FX’s claim of being part of or operated by Trading Point of Financial Instruments Limited is unfounded, and potentially fabricated to mislead investors into believing it benefits from CySEC oversight. Therefore, Mega Trader FX appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Mega Trader FX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.