Secured Meta Fx is a CFD broker with a domain registration date for its website, securedmfx.org, of July 26, 2024. The platform claims to offer investors CFD trading services in various financial markets, covering categories such as foreign exchange, indices, precious metals, energy, commodities, and cryptocurrencies.
Company Services
Account Opening Process
The steps to open an account with Secured Meta Fx are as follows:
- Visit securedmfx.org and access the account application page by clicking "START LIVE TRADING" or the "SIGNUP" button in the top right corner.
- Fill out the account application form by entering your name, email address, and setting a login password. Once the form is submitted, the account is successfully created.
- After logging into the account, users must complete the KYC verification process before they can begin trading.
Investment Plans
Secured Meta Fx offers four investment plans: Basic, Silver, Premium, and VIP, each corresponding to different investment amounts and expected returns (ROI):
Basic
- Investment amount: $100 to $1,499
- Investment term: Short term of 7 days
- Long term: Monthly ROI: 12.5%
- Investment earnings settlement cycle: Every 24 hours
- Additional services: Ability to copy junior traders' strategies
Silver
- Investment amount: $1,500 to $4,999
- Investment term: Short term of 7 days
- Long term: Monthly ROI: 12.5%
- Investment earnings settlement cycle: Every 24 hours
- Additional services: Ability to copy professional traders' strategies
Premium
- Investment amount: $5,000 to $9,999
- Investment term: Short term of 7 days
- Long term: Monthly ROI: 12.5%
- Investment earnings settlement cycle: Every 24 hours
- Additional services: Ability to copy expert traders' strategies
VIP
Investment amount: Minimum $10,000
Investment term: Short term of 7 days
Long term: Monthly ROI: 12.5%
Investment earnings settlement cycle: Every 24 hours
Additional services: Ability to copy expert traders' strategies
Tips: Traderknows reminds investors that excessively high short-term yields are not consistent with the operations of conventional financial markets, which are often volatile and cannot guarantee stable high returns.
Trading Platform
The broker's website claims to provide users with WebTrader and Secured Meta Fx proprietary trading programs, as well as the IXSOCIAL trading platform.
However, users can only trade using the web-based program via the broker's website, as the broker does not provide download links for the mentioned trading software.
Deposit & Withdrawal Methods
Secured Meta Fx has not announced the deposit and withdrawal methods it supports, nor the fee information on its website.
Social Media and Contact Information
Although the Secured Meta Fx website displays icons for Facebook, Instagram, and Twitter, clicking them reveals that the links do not lead to relevant pages for this broker.
Users can only contact the broker via email and the online form available on the website to obtain customer support.
Company Background and Regulation
Company Background
Secured Meta Fx claims to have been established in 2009, with its business spanning 15 countries. Its management team boasts over 14 years of industry experience, with a monthly trading volume exceeding $80 billion and more than 30 industry awards. The broker also claims to have a corporate entity in Australia, registered under number 2018AD947.
Regulatory Verification
Verification with the Australian Business Register (ABR) did not find any company with the registration number 2018AD947.
Further investigation revealed that the broker was placed on the warning list by the UK's Financial Conduct Authority (FCA) on April 1, 2024. The FCA stated that this broker is not authorized and that the contact details and company address provided by Secured Meta Fx may be false and subject to change at any time.
Additionally, several other broker websites have almost identical content and design to this broker's website, such as: Livo Fx Trade, Zenith FinancialGroup Market, and Golden Pawn Trades Market.
Conclusion
Traderknows advises investors that Secured Meta Fx is a broker without a legally registered corporate entity and without any effective regulatory oversight.
Investors should carefully consider their choice of trading platform, prioritizing those that are legally regulated and transparent to avoid financial loss and minimize investment risks.
