Megaexpects.com is a contract for difference (CFD) broker whose official website domain was registered on July 8, 2024. This broker primarily provides investors with trading services in forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where doing so may violate local laws or regulations.
Company Registration Information and Regulatory Status
Information disclosed on the official website of Megaexpects.com shows that the broker was established in 2016, the company entity is Kiemu Capital Trade, and it claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed the company entity's registration information or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not have a regulated company named "Kiemu Capital Trade."
Therefore, Megaexpects.com is essentially a scam broker website with neither a company entity nor any regulatory oversight.
Account Opening Process
The account opening process at Megaexpects.com involves visiting the broker's website, clicking on "Open Account" on the homepage or "SIGN UP" at the top right corner, and filling in personal information such as name and email. After setting a login password and submitting the form, account verification completes the registration.
Trading Instruments
Megaexpects.com offers clients multiple trading instruments, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Allows speculation on the overall market or specific sector performance without trading individual stocks. Popular indices offer diverse trading opportunities and the potential for high leverage gains.
- Commodities: Covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Enables investors to participate in public company price movements, earning based on company performance without owning actual shares.
- Cryptocurrencies: Provides opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
Megaexpects.com offers four types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: $500
- Minimum Expected Profit: $3,500
- Maximum Expected Profit: $5,000
- Trader Education*
- Risk Management
- Tax-free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $45,000
- Maximum Expected Profit: $50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-free Spread Trading Profits
PLATINUM:
- Minimum Deposit: $10,000
- Minimum Expected Profit: $99,999
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Only Payment
- Use Any Broker
Trading Platform
Megaexpects.com offers a self-developed trading platform, claiming an average order execution speed of under 7.12 milliseconds, with comprehensive liquidity providers and more than 12,000 orders executed per second.
Deposits and Withdrawals
Megaexpects.com does not support deposits and withdrawals via credit card or bank transfer, only through cryptocurrency.
Conclusion
Traderknows reminds investors that Megaexpects.com is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
