Meta Whale has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Meta Whale is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: meta-whale.com, metawhale.net.
Do not believe the bonus offer from Meta Whale. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after attending a webinar they hosted and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Great customer service|Good analytical tools|Smooth onboarding|Dedicated account manager
Cons: Limited social trading features
The only good thing about Meta Whale is that they remind you why regulation matters. I found them after seeing their ad online. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Regular platform improvements|Educational resources|Clear documentation
Cons: No live chat on mobile|Account statements could be more detailed
Meta Whale has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Portfolio tracking tools|Easy withdrawals
Cons: Limited cryptocurrency options
I invested $10,000 with Meta Whale after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Autorité des marchés financiers.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
Meta Whale advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Easy withdrawals|Fast execution|Demo account available
Cons: Limited cryptocurrency options
Several red flags with Meta Whale: (1) They promise unrealistically high returns, (2) They're not registered with Autorité des marchés financiers, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Opened my account with Meta Whale through a financial advisor and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: No hidden fees|Transparent fees|High security standards|Multiple order types
Cons: Minor UI glitches occasionally
I requested my data from Meta Whale under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Reliable uptime|No hidden fees|Copy trading available|Educational resources
Cons: Cannot customize dashboard fully|Some tools only available on higher tiers
After for nearly two years with Meta Whale I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Fast deposits|Stable platform|Transparent fees|Good mobile app
Cons: None so far|Minor UI glitches occasionally
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Meta Whale said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Excellent charting|Social trading features|Economic calendar|Fast support response
Cons: Limited demo account features