Brokers  /  MEGEXPERT

MEGEXPERT

High risk
🇨🇳 China · 5-10 years · since 2020-09-14 · MEGEXPERT GROUP LIMITED
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.54/10
Trustpilot/5
Forex Peace Army/5
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No sign that MEGEXPERT actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
51
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMEGEXPERT GROUP LIMITED
Headquarters🇨🇳 China
Founded2020-09-14
Years operating5-10 years
Employees0
Official websiteuser.megmkt.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

MEGEXPERT presents a high-risk profile due to the complete absence of regulatory licenses and the scarcity of publicly available information. The company is based in China but its specific business activities are unconfirmed. FXCanary's assessment highlights that the lack of oversight and transparency makes this entity unsuitable for cautious traders.

Not for
  • Traders seeking regulated brokers
  • Investors requiring transparency and verified operations
Period:

Real user reviews

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About MEGEXPERT

Company Overview

MEGEXPERT is registered as a company in China with an establishment date of September 14, 2020. The firm operates under the official domain megmkt.com. However, public information regarding its specific business activities remains extremely limited.

Our research indicates that MEGEXPERT does not appear to be licensed by any recognised financial regulator. This absence of regulatory oversight is a significant concern for potential clients, as it means the broker is not obliged to adhere to standard investor protection frameworks such as compensation schemes or segregated accounts.

Regulatory Status

According to our records, MEGEXPERT holds no regulatory licenses from any financial authority. The lack of oversight means that traders are not covered by any official dispute resolution mechanism or investor compensation fund.

In light of this, FXCanary has assigned MEGEXPERT a Scam Risk Score of 51 out of 100, indicating an elevated risk profile. This score reflects the absence of regulation and the limited availability of verifiable information about the broker's operations.

Trading Platforms and Instruments

There is no publicly available information about the trading platforms, instruments, or account types offered by MEGEXPERT. Without access to the firm’s official website or marketing materials, we are unable to confirm whether it provides forex, CFDs, or any other financial products.

Potential clients should exercise extreme caution when dealing with an entity that does not openly disclose its operational details. The absence of such information is a red flag that warrants further investigation before any commitment is made.

Company Registration and Location

MEGEXPERT is registered in China, a jurisdiction where financial regulation is strict but not all entities are authorised. The company’s registration date is September 14, 2020, making it a relatively young firm.

While a legal registration exists, this does not equate to any form of regulatory supervision. Traders should verify any claims of licensing directly with the relevant authorities rather than relying on unverified statements.

Conclusion

At present, MEGEXPERT remains a largely unknown entity with no regulatory oversight and limited public information. The elevated risk score from FXCanary reflects the significant uncertainties surrounding this broker.

We strongly advise traders to avoid depositing funds with unregulated firms until a thorough due diligence process can be completed. For those seeking a more secure trading environment, we recommend considering brokers that are fully licensed by major regulatory bodies.

Overview compiled by FXCanary from regulatory records and public data. full MEGEXPERT review