Mekness Review: Is This Broker Safe to Trade With or Just Another Scam?
What is Mekness?
Mekness presents itself as an online forex broker offering access to over 50 currency pairs, along with popular commodities like gold and silver. In addition, Mekness claims to allow you to trade CFDs, futures, stocks, and options. Instead of using an established platform like MetaTrader, Mekness exclusively uses a website interface.
Initially, the service might appear to be legitimate, but the more you take a look under the surface the more red flags and unhappy customers you will find.
This review examines Mekness’s service, customer reviews, and any regulatory concerns to help you make your decision.
About Mekness
Company Name – Mekness
Website – https://mekness.com/
Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
Regulatory Warning – Bank of Russia
Is Mekness a Regulated Broker? – Red Flags
Bank of Russia Warning
One of the most concerning signs there is an official warning from the Bank of Russia Warning. The warning confirms that Mekness is not registered or legally authorized to provide finance services in the country. In short, Mekness is not regulated by any financial authority meaning there is no regulatory protection of your funds and no regulatory body to hold the broker accountable.
Important Red Flags
- No valid regulatory license
- Official warning from the Bank of Russia
- No transparency on company ownership or operations
User Reviews & Rating – What Are Traders Saying?
It seems no trader has had anything positive to say about Mekness on the feedback websites we checked like Trustpilot and Traders Union, and most reviews highlighted complaints about terrible support, problems with withdrawals, and misconduct on their accounts.
Some real user comments are as follows:
- “NO SUPPORT??? Asked for the bonus and then they closed the ticket? what an untrusted BROKER!!”
- “Low trust. Most of the users reported serious problems with withdrawing money and no replies from their support.”
The overall feedback tells us a lot about Mekness and has shown us they are not a trustworthy broker.
Platform & Features – What Do They Offer? (and do not offer)
Claimed Features
Their trading platform is a proprietary, web-based terminal—likely a simplified or limited version.
- 50+ forex currency pairs
- Trade gold, silver, and other commodities
- CFDs, futures, and options
While the features might seem exciting, there are no necessary tools, transparency, and authenticity that serious traders require. If there is no regulations or an established trading system like MetaTrader, how can we be confident in the accuracy safety, and security of the trading platform? (our opinion)
In Summary of Mekness Review
Cons (Per independent research):
- No regulation
- The Bank of Russia issued a warning
- Poor customer service
- Negative reviews and experiences
Suspicious activity, including no response to support tickets or closed tickets
So, Is Mekness a Scam?
Between the terrible warning signs-unregulated bad user reviews, and an alert message from the Bank of Russia-Mekness fits perfectly into the category of a scam broker. While they advertise practically every kind of trading, the lack of accountability and abundance of complaints practically screams “Do not entrust your funds to this platform.”
Therefore, if you are planning to trade with Mekness, you would be better off opting for a regulated and highly reputable broker.
FAQs
Is Mekness regulated?
No; Mekness is not licensed by any financial authority of recognition. Indeed, it has been officially flagged by the Bank of Russia.
Is Mekness safe for beginners?
Not really. Without regulation and with positive user reviews, Mekness is considered a safe platform for both beginners and experienced traders.
Can I recover money from Mekness?
Could, but it might require professional assistance. Continue reading to find out how.
How to Recover Funds from Scam Brokers
If you’ve lost money to Mekness or another scam broker, don’t give up hope. Scams Report is a trusted platform committed to helping victims recover their funds from fraudulent brokers. We are an expert team that assists in tracking scam brokers, collecting evidence, and guiding you through recovery procedures. Act now before more funds are lost – contact us today to get started
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.
