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Auto Mega Option

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Operating status: SCAM

Website: https://automegaoption.com/

Broker violations and abnormal records
  • 2023-10-25 BrokersView has Reviewed that ​Auto Mega Option is an Unregulated Broker

    According to its website, Auto Mega Option claims to be regulated by the Mauritius Financial Services Commission (FSC). However, there is no matching information was found in the FSC.

    The truth is that Auto Mega Option is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, Auto Mega Option is a scam.

    According to its website, Auto Mega Option claims to be regulated by the Mauritius Financial Services Commission (FSC). However, there is no matching information was found in the FSC.The truth is that Auto Mega Option is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, Auto Mega Option is a scam.

Related Complaints

Q&A

Someone told me it was hard to withdraw on Auto Mega Option, does that mean Auto Mega Option is a scam?

Tamir Kapsos
Swaziland
2023-11-10
ANSWER Withdrawal issues often serve as a scam indicator, suggesting that the platform may not be reliable. Auto Mega Option, upon investigation, appears to be an unlicensed platform. Odds favor that it is a scam.On the website of Auto Mega Option, links to its legal documents are all broken. This is a negative sign. While it claims to be located in Mauritius and regulated by the Financial Services Commission (Mauritius FSC), our search for this company in this regulator's register didn't yield any results. Therefore, it is not subject to oversight within this jurisdiction.As such, by trading with Auto Mega Option, investors may expose themselves to fraud and identity theft, which could be financially and personally devastating. To minimize such risks, it is advisable to stay away from such unlicensed platforms as Auto Mega Option and instead choose fully regulated brokers instead.
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