I think the platform has potential but there are some lacking features and bugs to be considered. Given the recent extreme volatility, adding tick charts would ge incredibly beneficial. Following pri... See more
Company replied
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MegaTrader Holdings Inc. is a financial technology company specializing in proprietary trading solutions. We provide simulated trading environments where individuals can demonstrate their skills and earn funding to trade. Our platform combines advanced analytics, robust risk management, and scalable account models to empower traders and optimize performance. MegaTrader operates entirely with virtual capital, ensuring compliance and accessibility for a global user base.
12955 sw 132nd st #203, 33186, Miami, United States
Replied to 57% of negative reviews
Typically replies within 1 week
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I looked at the crumpled receipt in my wallet today and it just makes me want to scream because that was the last of my savings before those thieves at MegaTrader took everything. They are complete scammers and frauds who just lie to your face while they steal your money. I spent over 14 hours on hold waiting for help but nobody ever picks up the phone and when you finally get into the chat, it is just Howard who is a total liar and just gives you the runaround about technical errors. I tried to withdraw my 5000 dollars but they just denied it and now the CEO is ignoring all my emails like I dont even exist. It is a total scam and they are just robotic systems designed to drain your bank account dry while you watch. My life is ruined because of them and I was so desperate I didn't know what to do until I found Wealth Security LLC. They are the only ones who actually helped me get my funds back from those criminals. I am absolutely certain that I will get every single penny back although sometimes I wonder if the internet is just a big hole for money to disappear into. You must use Wealth Security LLC if you want your life back. to infinity and beyond
I kindly ask everyone dont try to buy from this company they are scamming they closed my accounts just bec I had huge issues going on with thier Sh**ty platform and on top of that they guy Hensal he is number one FRAUD
They restricted my account the moment I tried to withdraw my funds. Thankfully, GLLP • UK helped me recover everything. Don’t fall for it.
After I got the hang of the dashboard, the analytics began to make more sense. It displays more information than I thought possible.
I've been using their simulated trading setup to test my strategies, and It's really useful for tracking errors without having to risk real money. It is an excellent method of discipline.
The integrated trading journal has proven to be more beneficial than anticipated. I was able to identify patterns in my errors by reviewing trades right within the platform. It promotes accountability without requiring additional software.
I purchased the account worth 150k. But I was not given the account even after my money had been deducted.
I realized too late that the site was fake. When they blocked my withdrawal, GlobalAidRecovery stepped in and helped recover my money.
I have been trying to get in contact with this people support, but even their support page says it is not supported and it wont work, i have sent emails and it seems like they never work, i keep getting an error that says code 325 and i cant take off the limit order i had nor place another order, i have over 10k in profits on the account, if this is a scam i will report you guys
IM A REAL PERSON..! THIS IS A REAL REVIEW!! I HAD I FUNDED ACCOUNT WITH MEGA TRADER THE FAILED ME BECAUSE I DIDENT TAKE A TRADE. LET ME EXPLAIN BEEN HAVEING A HARD WORK WEEK AND WHEN I WAS ABLE TO GET BACK INTO THE ACCOUNT IT WAS CLOSED. BRO DONT WAIST YOUR TIME WITH THESE PPL. THEY SUCK!! AND WHEN I REACHED OUT FOR HELP THEY STARTED IGNORING ME. LOL.. MAYBE ONE DAY THEY WILL RELISE YOU CANT JUST MESS OVER EVERYONE THIS COMPANY NEEDS TO BE SHUT DOWN
Closed up shop and came up with any excuse not to pay people or refund them.
Don't waste your time or money with Megatrader.io. Once you are profitable they call a Breach at their digression. They said I was copy and I do not copy trade I place my own traded on my own PC but they would not reverse their decision. Much better prop firms out there they do not cheat their customers.
I am writing this to warn other traders about MegaTrader. After putting in the work and following the rules, I received a "Critical Account Notice" today claiming "irregular access patterns" and "IP address overlap."
This is completely false. No such activity occurred on my account, and I have been the sole user of this account. It appears to be a generic excuse used to permanently close accounts and deny eligibility without providing any actual evidence. When a firm uses "device fingerprinting" as a vague reason to terminate a successful account with no recourse or right to appeal, it is a massive red flag.
If you are looking for a reliable prop firm that honors its commitment to traders, stay away from MegaTrader. They are quick to take your money for challenges but will find any technicality to shut you down when it counts.
I was blocked out from accessing my account just because I used my computer and my mobile phones to trade. I am profitable trader with win rates of over 80%. If you're looking for a better prop firm you shouldn't trade with megatrader.io, I repeat just dont because my experience with them doesn't lie at all.
Go for prop firms that support mt5 or trade locker or other platforms because too much glitches on there platform. Besides being a trader makes you trade on any device thats why trading is a freedom, if you can limit someone on 1 IP then your platform was designed not for traders but for traps alone. Goodbye!
My experience with Megatrader was generally good up until I was about to get my first payout. I had passed a few evaluations and been funded several times but each time for varying reason I breached the account and had to reset. This past time though I was managing my losses better, was way beyond the $1500 profit target on my $25k account to $4995. I had hit the trading days and was likely 2 days from hitting the consistency target when they randomly told me my account was breached, they closed the account and refunded me the $150 fee. I'd be curious to know if this has happened to other traders but I think I already know the answer to that one as $150 fee refund is far better than paying out 90% of $6500 once I hit the consistency rule. I make them 5k in 11 trading days and I don't see a dime. I would be very wary of this company, if they do it to me, they would do it to you.
I passed my funded challenge twice they kept rejecting my payout without even mentioned why I got rejected im in 100% in profits no loss I just got scammed, I would have really think for a minute before buying an account from MegaTraderX because nobody in the business is really ready to fund you with a. Big amount they are doing because they can easily reject & make some money they are offering 40-50% discount all over the year think twice and, *I will not suggest it to nobody they are just scam* robbing innocent people
Don't waste your money. Too many good firms out there that have better prices than to deal with this firm. They will absolutely deny payouts and hard breach (close) your account for microscalping at any amount although the rules clearly state no more than 50% can come from microscalping. Horrible firm, horrible rules. Also, they have been hard breaching accounts for this because THEIR platform (server side) are not accurately reflecting times trades are held. Again, you are wasting money if you try and use this firm.
Stay away of this “prop firm” you gonna lose your money they dont make payout, are scammer after hit all they too a say something New to denied your payout, please check all review they have pay review
The integrated trading journal has proven to be immensely beneficial. I can easily track my performance, log every trade, and examine my errors. I discovered patterns in my trading over the course of a few days that I otherwise would not have noticed. This type of tool genuinely improves your trading skills.
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