Meta Xchange Market has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform at Meta Xchange Market is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since last summer of dealing with this, I have had enough.
Pros: Regular updates|Detailed reporting|Segregated accounts
Cons: Alert system is basic|Currency conversion fee exists
My withdrawal from Meta Xchange Market was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about three months of being strung along.
Pros: Smooth onboarding|Automated trading options|Segregated accounts|Dividend tracking
Cons: Wish they had more educational resources|Charting tools need more indicators
Do not be fooled by the professional-looking website. Behind the scenes, Meta Xchange Market is disorganized and incompetent. I found them through a forum discussion and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Dividend tracking|Multi-currency support|Clear documentation
Cons: Website design could be more modern
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Meta Xchange Market recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Market news feed|Fast deposits|API access|Easy to use platform
Cons: Limited demo account features|Withdrawal takes 1-2 business days