Mutual European Bank has been flagged by Finansinspektionen for "Fraud and Other Types of Misconduct". Loan Fee Fraud
Mutual European Bank/ Meb Bank Groupe has a website (www.mebgroupe.com) and is using the following contact information:
Mutual European Bank/ Meb Bank Groupe
Rue Léon Theodor 7
1090 Jette
Belgium
Telephone: +32466909228
E-mail: [email protected] 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.mebgroupe.com.
The spread at Mutual European Bank is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.
Pros: Intuitive for beginners|No hidden fees|Smooth onboarding
Cons: Minor UI glitches occasionally|Minimum deposit could be lower
After for roughly four months with Mutual European Bank, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Educational resources|Low minimum deposit
Cons: Limited social trading features|Mobile app could be improved
I opened an account with Mutual European Bank since the beginning of the year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Easy to use platform|Quick verification
Cons: Nothing significant|Limited demo account features
Mutual European Bank seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Risk management tools|Automated trading options|Great customer service|Full transparency
Cons: Search feature is basic|Limited ETF selection
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Mutual European Bank recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Excellent charting|Professional team|Regular updates|Copy trading available
Cons: No fractional shares|Website design could be more modern