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META TRANSACTION

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Operating status: SCAM

Website: https://metatransaction.org/

Broker violations and abnormal records
  • 2024-11-25 BrokersView has reviewed that META TRANSACTION is an unregulated broker

    META TRANSACTION claims to have been established in 2007. However, the domain registration date, recently created in May 2024, contradicts this claim and raises a red flag. The company asserts its US domicile, relying solely on an alleged MSB registration with the Financial Crimes Enforcement Network (FinCEN) for legitimacy. It is critical to note that META TRANSACTION's activities should be regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). In addition, FinCEN has stated that MSB registration does not constitute endorsement by any government agency and does not verify the information submitted by registrants. Our search found no corresponding records in the NFA's registry, indicating that META TRANSACTION is operating without a license and is not overseen by regulatory authorities in the US.

    In essence, META TRANSACTION is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  META TRANSACTION appears to be a scam. 

    META TRANSACTION claims to have been established in 2007. However, the domain registration date, recently created in May 2024, contradicts this claim and raises a red flag. The company asserts its US domicile, relying solely on an alleged MSB registration with the Financial Crimes Enforcement Network (FinCEN) for legitimacy. It is critical to note that META TRANSACTION's activities should be regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). In addition, FinCEN has stated that MSB registration does not constitute endorsement by any government agency and does not verify the information submitted by registrants. Our search found no corresponding records in the NFA's registry, indicating that META TRANSACTION is operating without a license and is not overseen by regulatory authorities in the US. In essence, META TRANSACTION is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. META TRANSACTION appears to be a scam.

Related Complaints

Q&A Complaints

Beware of META TRANSACTION, scam. Please check it.

Ahmad isa
United Arab Emirates
2024-11-26
ANSWER Dear Investor, Thank you for your message. We have investigated META TRANSACTION and are concerned it may be a scam. There are two warning signs to watch out for: 1. Inconsistency between domain registration date and claimed history: META TRANSACTION claims to have been in business since 2007, but its domain was created in May 2024. This discrepancy is a red flag. 2. Alleged MSB registration and unlicensed status: The company solely relies on a purported MSB registration in the US to appear legitimate, which does not constitute a license from any government agency. It has not obtained membership with the National Futures Association (NFA), rendering it an unsupervised entity. Therefore, we have reasons to suspect META TRANSACTION of being a fraudulent trading platform. We strongly advise investors to stay away from this unlicensed broker.
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Scam Brokers META TRANSACTION

rahimi45y
Iran
2025-02-03
ANSWER Dear Investor, We have thoroughly researched META TRANSACTION and suspect it to be a scam. META TRANSACTION claims to have been established in 2007, but its domain was registered in May 2024, raising significant concerns. The company relies on an MSB registration with FinCEN for legitimacy, but it should be regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC), given its alleged location in the US. FinCEN's MSB registration is not an endorsement and does not verify the information provided. We found no records of META TRANSACTION in the NFA's registry, indicating it is operating without a license and is not regulated by US authorities. Initially, META TRANSACTION claimed only an MSB registration. However, it has since updated its legal forms to include a claimed registration with the Australian Securities and Investments Commission (ASIC), purporting to be owned by Otcpay Inc., a representative authorized by an ASIC licensee. The alleged connection between Otcpay Inc. and META TRANSACTION appears only on the broker's website. ASIC's information indicates that Otcpay Pty Ltd is located in Australia, but does not prove any affiliation with META TRANSACTION, which claims to be located in the US. Therefore, META TRANSACTION carries substantial risks and is likely a scam. We strongly suggest that you stay away from META TRANSACTION and refrain from investing money on this platform.
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5 comments

Ali
Meta is Scam
2025-02-25
Reply
Nelix Com
It has refused us to withdraw our funds
2025-02-07
Reply
Brokersview Official
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint service@brokersview.com
2025-02-08
Reply
Brokersview Official
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint service@brokersview.com
2025-02-08
Reply
Jamshid Vajack
متا حدود یک هفته است که برداشت کابران خود را در ایران محدود کرده است و هیچ دلیلی قانع کننده برای اقناع کاربران خود اعلام نمی کند تعلیق موضوع انسداد برداشت از کیف پول برای کاربران بسیار سخت و نگران کننده است برخی احتمال کلاهبرداری این پلتفرم را می دهند برخی آنرا ناشی پاره از مسایل مالی نظیر شکایت وهوش مصنوعی می دانند ما منتظر باز گشایی این پلتفرم جهت برداشتن وجوه خود ونیز ادامه فعالیت در آن می باشیم
2025-02-06
Reply
adelbeyrami
withdrawal frozenscamno answer customer service
2025-02-04
Reply
Brokersview Official
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint service@brokersview.com
2025-02-05
1
Reply
Sir Dave
The claim about Meta transaction to false is not true. I have been investing with them for 3 years consistently and they proven to be true. You can’t just use one metric to measure them. Thy have the highest security comparable to other brokers.
2024-12-01
2
Reply
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