It's a CONFIRMED scam company, recover your stolen funds by clicking the button below, then fill out the form and you will get a FREE Mychargeback consultation today:
Mekness is a murky business with many loopholes. Their opening statement is bold but bogus. The entity allegedly claims it is globally regulated. We checked on various databases of reputable financial bodies only to find the broker is unregulated. Faking their legitimacy is a major red flag.
The trading conditions of the broker may seem ideal. However, this is another ploy to make traders deposit with them. You expose yourself to grave danger by trading with the offshore scheme. The available products include; forex, indices, and CFDs. The platform targets both novice and expert traders.
However, you will not find expert investors wasting time with an anonymous broker. The background of the account manager and financial analyst is not featured. They also do not have a parent company. How will you know qualified personnel is handling your funds? You might end up entrusting your hard-earned funds to incompetent people. The regulatory bodies make it mandatory for investment schemes to operate in full transparency.
Mekness does not have trading performance. The firm, however, wants investors to believe it wants to revolutionize the market. They promise financial freedom. The broker goes the extra mile to feature false statistics. It purports to have over 500 employees. The website is simple, and I cannot afford to get professionals on board.
Mekness boasts it has over 70K happy customers. The firm is also innovative and provides the best-performing assets. It has allegedly been in the market for over 20 years. However, this is another mare bluff. We checked on Whois.com only to discover the broker is less than a year old. The broker would be naive to fake its history while anyone can check their history is a weak move.
You shouldn’t trust the platform. The venture also offers a trading course to increase clients’ trading knowledge. We cannot validate if the provided information is of high quality. Scammers tend to copy-paste free data from the internet. The fraudsters are not knowledgeable in trading matters. Their sole intention is to steal funds from naive investors.
Try SMARD today, it is a bot designed for crypto traders and investors which uses advanced algorithms to profit from market fluctuations. No programming or trading knowledge is required to start. The algorithm relies on momentum effect strategies to systematically identify market winners. Below are the key reasons why everyone loves Smard.club:  1. You get up to 5% average monthly return on your starting capital.  2. The 10% monthly service fee is charged from your profits only. They don't make money unless you do!   3. You can start with as little as $1000 in your exchange account, meaning that you just need to connect your existing exchange (or open a new one) with Smard and begin trading right away!  4. No upfront payments for the service.  5. It's a smart way of investing in your favourite crypto coins - btc/altcoins, hurdling them while at the same time growing their values through auto-trading instead of just buy and forget.  Operating through API keys, SMARD ensures secure connections without requiring fund transfers to third parties. No upfront payment or card linking is needed. Try Smard today and see the real potential of your crypto portfolio, no upfront fees to pay!
Ensure that you thoroughly research the company you plan to register. Look for any red flags, whether there are complaints. You will get professional help as dedicated experts analyze the credibility of investment schemes. Mekness ownership information is missing. The broker is not working with a reputable financial institution to segregate traders’ accounts.
Therefore, once you make a deposit, the chances of recovering your funds are slim. The venture will not survive the volatility of the industry. Their system is doomed to fail, and we have encountered thousands of similar companies.
Invest with legit forex trading companies. These are platforms operating by the law. They have expert professionals on board. Additionally, the schemes have been in the industry for years. They have survived the volatility, and traders who have tried their services endorse their legitimacy.
Mekness offers leverage of 1:500. The cap proves the entity is unregulated. The thing is, financial watchdogs ensure consumers are protected. Therefore, they limit leverage to ensure the losses are not severe. In the UK, the maximum leverage is 1:30, while in Canada and USA, it is 1:50. What this unregulated scheme has is enticing and profitable. However, keep in mind the market is volatile.
Once the market takes the wrong direction, you could lose everything in a matter of seconds. The company also promises competitive tight spreads. The venture state it has an award-winning platform. Indeed we did find the leading software, MT5, present. You can trade using your phone, tablet, or desktop.
Nonetheless, this does not make Mekness less dangerous. Our main concern is the hazardous trading conditions and lack of a license. They have four trading accounts. Why not choose reliable companies that you are certain will be available in the market in days to come. The available spread is 1.8, above the market standard, 1.5 pips. Moreover, after checking on the interface, it indicates 2 pips. To open a trade with the venture is expensive.
The minimum amount to deposit in Mekness is $10. The broker state it does not charge commission in the standard account. The broker accepts funds via Bitcoin, Bank Transfer, Neteller, MasterCard, PerfectMoney, Visa, Neteller, WebMoney, and Skrill. Unfortunately, the majority of these options are said to be coming soon.
Hence, traders can only use PerfectMoney, cryptos, and e-wallets. These are options limiting investors from issuing a chargeback. The least amount you can cash out is $50. There are applicable fees of $10. Another 15% fee applies if you have not traded a particular trade volume. It is hard to tell what this means as Mekness lacks legal documentation.
Mekness offers its services in over 60 countries. They even accept traders from countries with strict rules for investment schemes. The company is operating from St Vincent and the Grenadines (SVG). It has a registration form, but this does not mean much. What matters is having a regulatory certificate.
SVG does not oversee the operation of online investment ventures. Therefore, this entity has not deposited a capital in its name. They can use the money that investors deposit for greedy needs. If you report the scheme to the authority, there is not much the authority can do. Remember, this is a discrete firm. How can you go after people whom you don’t know?
Also, Mekness is not reporting its daily trading activities to the watchdog. They are capable of manipulating data. Hence, you will see positive results reflect on your user dashboard, but you cannot withdraw the money. The offshore scheme lacks transparency, and its performance is missing.
The broker is doomed to fail, and you can tell that the domain name is only registered for a short period. They can also change their terms and conditions, inflicting hidden charges or withholding clients’ funds. To avoid various shortcomings in the industry, we recommend you invest only with genuine firms that have a license.
Mekness is operating from SVG. Various con artists overuse the location. The problem with offshore brokers is that you cannot visit or trace them down after exiting the market. There is a featured phone number and email address. However, the company will only respond if something is in for them.
Fraudsters tend to blacklist their victim after realizing they have run out of cash. They will even blacklist your phone number. Ponzi schemes cannot afford to hire a professional team. Therefore, their sales reps are the ones in play. They are pretty convincing.
We recommend that you trade with a genuine company with an actual office address. The one that has world-class support service. Some even have social media platforms pages to interact with the team and learn about trending issues.
Mekness is a shady company. The entity is anonymous and unregulated. The location of the platform raises eyebrows. SVG is a den of the majority of the scammers. The domain name of the broker is also recent. We cannot find reviews of traders that have tried out the platform. We suspect the firm will refrain from handling the withdrawal requests of traders.
Invest with the leading forex trading companies that are reputable and transparent. They have professional support and financial analysts. You can also go through feedback from their clients. The safety of your fund is guaranteed.
Is Mekness a genuine broker?
Sadly, this is a company that will frustrate many
What do investors have to say about this company?
Mekness does not have clients' reviews.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
0 Comments