MTA Coins (mtacoins.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.mtacoins.com.
KYC with MTA Coins (mtacoins.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Fast support response|Responsive team
Cons: Limited social trading features|Email notifications too frequent
My card was charged twice by MTA Coins (mtacoins.com) on the same day. I had to dispute it with my bank. MTA Coins (mtacoins.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Easy to use platform|Excellent charting
Cons: Some tools only available on higher tiers
I gave MTA Coins (mtacoins.com) a fair chance. After for nearly two years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Customizable dashboard|Multiple order types|Social trading features
Cons: Spreads widen during volatile periods
I trusted MTA Coins (mtacoins.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Customizable dashboard|Professional team|Good analytical tools
Cons: Website design could be more modern|Limited demo account features
After for about three months with MTA Coins (mtacoins.com) 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: Educational resources|Market news feed|Quick verification|Instant funding
Cons: Could offer more webinars