Mega Markets brokerage does not occupy a leading position and has a weaker web presence than competitors such as eToro or Admiral Markets. However, it offers everything most spoiled Forex and CD traders require this time from a brokerage platform. In this short Mega Markets review, we will see the following:
Is Mega Markets a reliable forex broker? What markets and instruments can you invest in with Mega Markets? What are Mega Markets’ minimum deposit and account types?
Our opinion of Mega Markets and its offering of tradable instruments is positive. Its offer is divided between Forex and the speculative and risky products that are CFDs (on shares, indices, materials, cryptocurrencies). This trading platform, therefore, reaches an audience of both traditional investors and traders.
It is above all by its possibilities of automation that the Mega Markets platform seduces. For the investor, it is the possibility of automatically building a portfolio which is very useful (enough to save time on technical analysis work). For the trader, it is the possibility of “delegating” the analysis of the price charts which is of great interest. Be careful, however, not to take too many shortcuts with these analytical tools: keep control of your investments!
The customer support of mega Markets is very agile. The broker’s advisors can be reached via email. An aspect that we were able to verify and which confirms the many positive opinions shared on this strength of the broker.
Not much to fault Mega Markets for when it comes to technical support. The advisers contacted by telephone prove to be professional, reactive if they do not always find an immediate solution, and above all, pleasant. If you speak English, prefer contact in this language.
The company is located in Estonia, which is one of the best countries when it comes to operating a brokerage business. It guarantees the security of the platform and compliance with the regulations. The company operates in compliance with the financial regulatory bodies in the UK.
You can start your trading adventure by depositing $250 in your account. The registration process is straightforward and doesn’t take much time. You won’t be able to benefit from a demo, but a welcome bonus of 50% of the deposit is waiting for you once you fund your account.
You can opt for three types of accounts: Bronze, Silver, and Gold. They are created for the specific needs of traders, in line with their skill levels, and allow for the progressive development of your trading business. All the way, no matter the account you opt for, you can benefit from assistance from your personal account manager.
Mega Markets brokerage services allow for a leverage of 1:500 and also enable a scalping trading strategy. Moreover, traders benefit from personal trading alerts as well as risk management and account guidance. If you are just a rookie trader, educational resources are available as well as a trading platform introduction so you can enter the markets with full confidence.