Meta-up is a forex and CFD broker that claims to offer a variety of trading services, including a user-friendly platform, tight spreads, and high leverage. However, there are a number of red flags that suggest that Meta-up is a scam broker.
Meta-up is a relatively new broker, having been founded in 2022. The company is registered in the Marshall Islands, which is a well-known offshore tax haven. Meta-up does not have any licenses or regulations from any reputable financial authorities.
Does Meta-up Have Any License?
No, Meta-up does not have any licenses or regulations from any reputable financial authorities. This is a major red flag, as it means that the broker is not subject to any oversight or regulation. This makes it more likely that the broker will engage in fraudulent or unethical practices.
Is Meta-up Regulated By Any Authority?
No, Meta-up is not regulated by any authority. This is another major red flag. Regulated brokers are subject to strict rules and regulations that are designed to protect investors. Unregulated brokers are not subject to these rules, which means that they are more likely to engage in fraudulent or unethical practices.
Meta-up Pros and Cons
- User-friendly platform
- High leverage
- No licenses or regulations
- Unregulated broker
- High fees
- Negative reviews from former clients
How Does Meta-up Reach To Their Prey?
Meta-up uses a variety of methods to reach potential victims, including:
- Social media ads
- Spam emails
- Cold calls
The ads and emails often make false or misleading claims about the broker’s services, such as guaranteeing profits or offering unrealistic returns. The cold calls are often made by aggressive salespeople who pressure potential victims to invest money.
Technical Details of Meta-up
The minimum deposit requirement for Meta-up is $150. This is relatively low, which may make it seem like a more accessible option for beginner traders. However, it is important to remember that low minimum deposits often come with high fees.
Meta-up uses the MetaTrader 4 platform. This is a popular platform that is known for its ease of use and versatility. However, it is important to note that MetaTrader 4 is not a regulated platform. This means that there is no guarantee that the platform is safe or secure.
The spreads offered by Meta-up are not disclosed on the broker’s website. This is another red flag, as it makes it difficult to compare Meta-up’s spreads to those of other brokers.
Meta-up offers high leverages of up to 1:1000. This means that traders can control a large position with a small amount of capital. However, high leverages can also magnify losses, which makes them risky for inexperienced traders.
Packages and Products They Offer
Meta-up offers a variety of trading packages, including:
- Starter Package: This package requires a minimum deposit of $250 and offers a 10% bonus.
- Bronze Package: This package requires a minimum deposit of $1000 and offers a 20% bonus.
- Silver Package: This package requires a minimum deposit of $5000 and offers a 30% bonus.
- Gold Package: This package requires a minimum deposit of $10000 and offers a 40% bonus.
- Trading products offered by Meta-up include forex, CFDs, and cryptocurrencies.
Withdrawal and Deposit Method
Meta-up accepts deposits in a variety of methods, including credit cards, debit cards, and cryptocurrencies. Withdrawals are processed within 24 hours, but there are fees associated with withdrawals.
What Do Their Previous Traders Say?
There are a number of negative reviews about Meta-up online. Former clients have complained about the broker’s high fees, lack of transparency, and unresponsive customer support.
Summing Up- Why Should Not You Trust Meta-up
There are a number of reasons why you should not trust Meta-up. The broker is unregulated, has no licenses, and charges high fees. The platform is not secure and the spreads are not disclosed. There are also a number of negative reviews that make this broker untrustworthy.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money with Meta-up, you may be able to get your money back through a chargeback or by filing a complaint with the authorities. However, it is important to act quickly, and for this quick solution, you should contact us. We will evaluate your case and will provide you with a free consultation with some recovery service recommendations. Our premium educational material will also help you keep updated yourself.
File A Complaint Against Scam Broker's
Meta-up is a scam broker that should be avoided. If you are considering trading with Meta-up, I urge you to reconsider. There are many reputable brokers out there that offer better trading conditions and customer service.
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