Is Meco Markets a scam?
Wikilix independent safety report
We found no evidence that Meco Markets is a scam, but we rate it 48 percent risk: a genuine offshore licence sits alongside an operating history the firm cannot support. Its Seychelles licence is rea…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
What Wikilix has recorded about Meco Markets: its history, the licences it holds, its trading conditions and its fees.
Meco Markets is the trading brand of MECO Markets Limited, a Seychelles company operating from Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe. The firm's own client agreement identifies it as a Securities Dealer licensee of the Financial Services Authority of Seychelles under licence number SD083, with company registration number 8427207-1. Public corporate records confirm the entity exists, is active, was incorporated on 6 November 2019 and carried the earlier name HITSPREAD LIMITED before adopting the Meco Markets name.
What they offer. The website markets contracts for difference across forex, stocks, indices, commodities, derivatives, fixed income and cryptocurrencies, plus stock dealing on a full-ownership, zero-leverage basis. Three retail tiers are described, Standard, Premium and VIP, alongside brokerage, custody and managed account services. The client agreement names MetaQuotes MT4 and MT5 as the trading platforms, and the order execution policy states the firm acts as agent and passes client orders to third-party liquidity providers rather than taking the other side itself.
Funding and support. The site lists bank wire transfers and major credit and debit cards, including Visa and Mastercard, as the funding channels. The terms say the firm covers most deposit processing fees and that a withdrawal fee may apply depending on the method, but no fee schedule, minimum or maximum is published anywhere on the site. Support is advertised as 24/5, Monday to Friday, by email at info@mecomarkets.com, with a named client service manager; the agreement gives office hours of 09:00 to 18:00 GMT+2 with contact possible until 22:00 GMT. A close-out rule applies at a 50% margin level, and accounts with no login or deposit for six months are treated as inactive and may attract a fee.
Honest caveats. The disclosure is thin for a firm taking retail deposits. There is no published minimum deposit, no maximum leverage, no spread table, no commission rate card, no instrument counts, no platform download page and no telephone number. The client agreement's own definitions describe the firm as acting as principal to client transactions while the execution policy says the opposite, an internal contradiction a prospective client cannot resolve from the site. Regulation is offshore: a Seychelles Securities Dealer licence sits several tiers below onshore supervision, offers no client-money compensation scheme and gives a non-Seychelles client little practical recourse. The firm does not accept clients who are US reportable persons, and its anti-money-laundering policy refers to a monthly high-risk and blacklisted jurisdictions list that it does not publish.
Who it suits. Traders comfortable with an offshore-licensed venue who intend to ask for the full commercial terms in writing before funding an account. Anyone who needs published pricing, onshore protection of client money or a compensation scheme should look elsewhere.
Website snapshots
8 full-page captures of Meco Markets's own site, archived so what they said can still be read after the pages change.
Regulatory Licenses
Every licence Meco Markets has in force is from an offshore regulator. Most carry no compensation scheme — each row below says what the issuing regulator actually requires.
How far our check got
- 1 confirmed on a register
FSATier 3OffshoreConfirmed on registerChecked
What the register says
- Licence number
- SD083
- Type
- Dealing in securities
- Register status
- Active on the Seychelles FSA Securities Dealer register
What our check found
A Seychelles Securities Dealer licence, the offshore authorisation that permits dealing in derivatives and CFDs. It is a real trading licence, but it is issued by a low-tier offshore regulator with light supervision and no investor compensation scheme. Client protection: Low. No compensation scheme and no guaranteed route to recover client funds if the firm fails..
Register screenshot, captured Aug 18, 2026 Client protection under this licence
- No compensation scheme
- Complaints routeFSA Enquiries
- Maximum leverage1:1000
These are the rules FSA sets for the firms it licenses. They are not a statement about how Meco Markets applies them, or about which of its companies would hold your account.
About The Seychelles Financial Services Authority
Offshore regulatorGovernment bodyNo compensation schemePublic registerTransparency: low- Typical cost of this licence
- USD 10000-20000
Account Types
3 account types on record.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| StandardStandard | Not recorded | Not recorded | Not recorded |
| PremiumPremium · VIP | Not recorded | Not recorded | Not recorded |
| VIPVIP | Not recorded | Not recorded | Not recorded |
Funding Methods
2 ways to fund an account.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Bank TransfersWire TransferDirect wire transfers from the client's own bank account. The broker states it covers most deposit processing fees, that a withdrawal fee may be charged at a rate depending on the method, and that banks may add their own charges on incoming and outgoing wires and on currency conversion. No fee amounts, limits or processing times are published; third-party and anonymous payments are refused. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | day |
| Credit/Debit CardsCredit CardMajor credit and debit cards including Visa and Mastercard. The broker states it covers most deposit processing fees and that a withdrawal fee may apply; international cards processed through non-local acquirers may attract additional charges from the provider. No fee amounts or limits are published; payments must come from an account in the client's own name. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | day |
Trading Platforms
One trading platform on record: MetaTrader 4.
- MetaTrader 4RecommendedWindowsMacWebAndroidiOSDetails
Global Domains
3 domains on record. All active and served over HTTPS.
Corporate Network
One legal entity behind the Meco Markets brand.
Company Registration
Meco Markets names Meco Markets Limited as the operating company. We could not confirm that registration on the registry.
- Legal entity
- Meco Markets Limited
- Jurisdiction
- Seychelles
- Registry
- Seychelles Registrar of Companies (not publicly searchable)
- Registered address
- Block B, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles

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