Logo
Meta Genesis
Suspected Fraud
Suspected Fraud

Meta Genesis

🇨🇳
  • CFD
  • Broker
Within 1 year
Website

Current Rating

2.83

Industry Tier

D

Profile

Meta Genesis is a fraudulent broker website, with its domain registered on January 4, 2024. The site claims to offer investors a range of financial derivative trading services, including forex, stock CFDs, bonds, ETFs, and cryptocurrencies. It also states that it does not provide services to jurisdictions where it may violate local laws or regulations.

Company Background and Regulatory Status

According to information on metagenesisfx.com, Meta Genesis is registered in Australia with ABN number 2018AD947, and its headquarters is located in Manchester, UK.

Additionally, the company is purportedly authorized and regulated by several financial regulatory bodies, including the Securities Commission of the Bahamas (registration number SIA-F188), the Financial Sector Conduct Authority of South Africa (FSP: 50506), and the Financial Services Commission of Mauritius (license number GB20025832).

Meta Genesis

Meta Genesis

Meta Genesis

However, a check with the Australian Business Register (ABR) shows no company with the ABN number 2018AD947. Likewise, the UK Companies House website does not list a registered entity named Meta Genesis.

Further investigation reveals that the regulatory information on Meta Genesis' website was actually stolen from two other brokers—RaiseFX (50506) and INFINOX (SIA-F188, GB20025832).

Additionally, the logo on the "FAQs" page of this broker's website shows the name Base Trader, while further down it refers to itself as Exquisite Trader, showing clear internal contradictions.

Therefore, Meta Genesis (metagenesisfx.com) is essentially a scam website without any genuine company entity or regulatory oversight.

Meta Genesis

Meta Genesis

Meta Genesis

Meta Genesis

Meta Genesis

Trading Products

Meta Genesis claims to offer a variety of financial products for trading, including forex, stock CFDs, bonds, ETFs, and cryptocurrencies.

  • Forex: Refers to the currency exchange market between countries. Investors profit by buying and selling different national currencies, taking advantage of exchange rate fluctuations. The forex market is the largest financial market globally, with substantial trading volumes and high liquidity.
  • Stock CFDs: A financial derivative that allows traders to profit from price fluctuations without owning the underlying assets. Stock CFDs typically apply to the stock market but can also include other assets like indices and commodities.
  • Bonds: Debt instruments issued by governments, companies, or other entities. Bondholders effectively lend money to the issuer, who promises to pay interest over a specified period and repay the principal at maturity. Bonds are considered relatively conservative investments.
  • ETFs (Exchange-Traded Funds): Investment funds that track indices, commodities, bonds, or a basket of assets and are traded like stocks on exchanges. ETFs offer diversified investments, usually with low fees.
  • Cryptocurrencies: Digital assets based on blockchain technology, with notable examples including Bitcoin and Ethereum. The cryptocurrency market is highly volatile, attracting many high-risk investors.

Account Opening Process

The steps to open an account with Meta Genesis are as follows:

  1. Visit metagenesisfx.com and click the "START LIVE TRADING" or the "SIGNUP" button at the top right corner of the page to access the account application page.
  2. Fill in the account application form with your name, email address, phone number, and set a login password. After submitting the application form, the account will be successfully created.
  3. After logging into the account, the user must complete the KYC verification process to begin trading.
Meta Genesis

Trading Account Information

Meta Genesis does not disclose any detailed information about trading accounts on its website, such as spread, leverage, contract size, or other trading parameters. The platform also does not mention account types, trading commissions, minimum and maximum trade sizes, maximum open positions, or stop-out margin levels, making it difficult to assess the fairness and reasonableness of its trading conditions.

Trading Platform and Deposits/Withdrawals

Meta Genesis claims to offer MT4 and MT5 trading platforms on its website, but inquiries with these platforms do not show any information about this broker. Similarly, details about deposit and withdrawal methods and related fees are also not disclosed on the website.

Meta Genesis

Conclusion

Traderknows advises investors that Meta Genesis (metagenesisfx.com) is a scam website with neither a legitimate company entity nor any regulatory supervision. Investors should carefully consider and prioritize choosing transparent and regulated companies to ensure the safety of their funds and reduce investment risks.

User Reviews

2.83

Rated by 0 people

All Rating

No Comment YetNo Comment Yet

FAQ About Meta Genesis

01

What is Meta Genesis's official website?

A: Meta Genesis's official website is https://metagenesisfx.com

02

Is Meta Genesis a legitimate company, or is it a scam?

A: Meta Genesis is currently marked as Suspected Fraud on TraderKnows.

03

What is Meta Genesis?

A: Meta Genesis is a CFD, Broker company.

Social Media

Profile

Country
China
Market Categories
CFD
Organization Categories
Logo

Contact Us

Social Media

footer1