On-line since:
Country of origin:
Regulation:
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Minimum account size:
Minimum lot size:
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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:
Disadvantages:
It has been 6 months I try to change my trading strategy in order to gain profit with them but at last I made a decision to leave them. Basically their execution speed slow so that will lost your best price to entry and it will freeze when you click more than 5 times to layer your entry. Their MT4 platform and web freeze through out the afternoon, I don't know the real reason behind this. I sent the questions to customer support but they didn't reply my email. The worst part is that the broker is manipulating the prices. I will close my account and search for a different broker.
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.
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.
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.
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.