Wikilix
Contract reading

What MEGA FUSION legally published, but does not want you to read

Every clause below is published by MEGA FUSION itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Mega Fusion Group Limited

sole discretionwithdrawalsbonus lockcountry restrictionhidden feekyc freezecopy tradingforum waivergoverning lawlanguage arbitrage

Mega Fusion can refuse every way out of your account until a document review finishes, and it sets no deadline for that review. An unexplained IP address is enough to start one. The same clauses let it withhold the money you paid in, charge fees against it and set off amounts. Its 10% deposit bonus bars every withdrawal while the promotion runs, and the Arabic version of that page leaves that term out.

Back to MEGA FUSION

Contract risk

Money at risk
7.8/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
26
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
24
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
5

How the 26 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning17
Notice3

section 47 of 52is where the deepest clause sits, 90% of the way into the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

2 of these 3 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical3In the contract. Jump to the clause this comes from.The Arabic page for this bonus drops the withdrawal banCritical10%Bonus requirement. Jump to the clause this comes from.The 10% deposit bonus blocks every withdrawal6%Fee you were not shown. Jump to the clause this comes from.Up to 6% kept when Mega Fusion returns your money

What the documents say

26 clauses worth knowing about, worst first, each quoted from MEGA FUSION's own files

01

Mega Fusion can refuse your withdrawal, your refund, a transfer out and even the closing of your account, until it finishes checking you. Clause 24.4 sets no deadline for that check.

Why this matters

Your money can sit there for as long as Mega Fusion wants. One trigger is an unexplained IP address, which catches anyone who travels or shares a home connection.

Exhibit 1CriticalHarder than usual

Where the Company reasonably believes that a client account, related account, or related trading activity involves one or more of the following circumstances, the Company shall have the right to classify such account as a high-risk account or special-risk account and immediately restrict, suspend, or refuse to process any withdrawal, refund, return of funds, transfer, account closure, or other request for the transfer of funds out of the account until the Company has completed the relevant identity verification, online KYC authentication, source of funds verification, source of wealth verification, verification of the account’s ultimate beneficial owner, investigation of trading records, and any other necessary review procedures:
Clause 24.4 in Client Agreement (FSCA), p.47
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must pay a retail client's money out promptly when asked, and may hold it back only on grounds they can state. Mega Fusion's clause lets it refuse every outward transfer until a review it never has to finish.

MEGA FUSION is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 2One clause stops the money leaving and the other lets Mega Fusion take fees and set off amounts from it while it is stuck.
  • Worse together with Exhibit 17The document demands have no stated end, and this clause keeps the account shut until they are satisfied.
02

Two clauses let Mega Fusion hold back your principal, charge fees against it and set off amounts, while it reviews your paperwork. Principal means the money you deposited, not your profit.

Why this matters

A review can leave you without your own deposit, not just without your winnings. Nothing in these clauses caps the fees charged or the amounts set off.

Exhibit 2CriticalRarely seen

Where the relevant review involves KYC irregularities, inability to complete online KYC procedures, insufficient proof of financial capacity, unverifiable source of funds or source of wealth, operation of the account by a person other than the account holder, nominee accounts, control by a third party, unusual payment routes, related account investigations, refund or chargeback investigations, investigations into prohibited trading activities, or any other high-risk circumstances, the Company may, pursuant to Sections 24.4, 24.5, 47.7, 57, and 75.1(g), restrict withdrawals, freeze funds, charge related fees, withhold principal, set off related amounts, or take any other appropriate measures.
Clause 9.9 in Client Agreement (FSCA), p.33
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must keep retail client money separate from their own and may pay it away only in the limited cases their client money rules allow. Mega Fusion's contract lets it withhold principal and set off amounts while it reviews documents.

MEGA FUSION is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingFreezing an account while documents are checked is common. Withholding the client's deposited capital, charging fees against it and setting off amounts as review measures is not an ordinary retail clause.

  • Same clause as Exhibit 1The same review powers that shut every exit also authorise the deductions, so one event does both.
03

Mega Fusion's English page for the deposit bonus lists nine conditions. The Arabic page for the same offer lists six, and the three it leaves out include the ban on withdrawals.

Why this matters

An Arabic reader signs up for an offer that looks far cheaper than it is. They are told the volume target applies to the bonus amount, and not that their own deposit is locked too.

Exhibit 3CriticalRarely seen3

Trading volume must be completed before withdrawing the bonus amount.
Clause Terms and Conditions in 10 ٪ مكافأة الإيداع (Arabic 10% Deposit Bonus page)
Read from the broker's site on Open the reference
Our own capture of mega-fusion.com, taken on Oct 9, 2026The claim, on Terms and Conditions on the Arabic version of the 10% Deposit Bonus page, which lists six termsThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of mega-fusion.com, taken on Oct 9, 2026What the contract says, clause Terms and ConditionsVisit this page on the broker's siteDownload the full size image file

Our readingBrokers usually translate one set of promotion terms. Here the same offer carries two different term lists, and the shorter list is the one missing the block on withdrawals.

  • Same clause as Exhibit 4The missing term is the one that stops every withdrawal, so the Arabic reader cannot see the cost of taking the bonus at all.
04

Taking Mega Fusion's 10% deposit bonus means you cannot withdraw anything while the promotion runs. That includes the money you deposited, not only the bonus.

Why this matters

You hand over at least $1,000 and lose access to it for as long as the promotion lasts. The page does not say how long that is.

Exhibit 4CriticalHarder than usual10%

Withdrawals are not permitted during the promotional period.
Clause Terms and Conditions in 10% Deposit Bonus, terms and conditions (English)
Read from the broker's site on Open the reference

What it costsA $1,000 deposit earns a $100 bonus. To unlock it you must trade 3% of $1,000 in lots, which is 30 lots. Until the promotion ends you cannot take out the $1,000 either.

05

Mega Fusion publishes its whole site in Persian, including the risk warning. The notice saying the services are not available to residents of Iran stays in English on the same page.

Why this matters

You can read every promise in your own language and not the one sentence that says you are not eligible. Clause 7.1 then lets Mega Fusion cancel the service for any reason at any time.

Exhibit 5CriticalRarely seen

Without limiting any of the foregoing, our Online Trading Facility is NOT available where it is illegal to access and/or use, and we reserve the right to refuse, decline and/or cancel our Online Trading Facility and/or any part or component thereof, at our sole discretion and for any reason, at any time, without being obliged to provide you with any explanation or justification thereof.
Clause 7.1 in Client Agreement (FSCA), p.16
Downloaded from the broker's site on Open the reference

Our readingTranslating the marketing while leaving the exclusion notice untranslated puts the offer and the disqualification in two different languages on the same page.

06

Mega Fusion's PAMM agreement says a manager may not interfere with your withdrawal, then says your withdrawal must be confirmed by that manager, in clause 11.3.

Why this matters

Getting your money out of a PAMM account depends on another client acting. The same section says the manager alone decides when trades open and close, and that this can affect whether your funds are available.

Exhibit 6CriticalRarely seen

Withdrawal requests submitted by Investors will be processed during the next rollover period and must be confirmed by the PAMM Manager.
Clause 11.3 in PAMM Agreement (FSCA), p.9
Read from the broker's site on Open the reference

Where it sits: section 47 of 79 in the PAMM Agreement (FSCA), 59% of the way through.

Our readingMaking one retail client's withdrawal conditional on another retail client's confirmation is unusual. The same section forbids that manager from interfering with withdrawals, so the document contradicts itself about who controls your exit.

  • Worse together with Exhibit 7Your exit depends on a manager you may not ask questions about, and the same agreement rules those questions out.

The Arabic page for the same bonus leaves out the withdrawal ban

The English page for Mega Fusion's 10% deposit bonus lists nine terms. The Arabic page for the same offer lists six, and the three it drops include the one blocking all withdrawals. Mega Fusion also publishes its whole site in Persian while the notice excluding residents of Iran stays in English.

Language arbitrage3 clauses flagged

Mega Fusion's website says the services are not available to residents of nine countries. The agreement you sign names only the United States.

Why this matters

You cannot tell from your own contract whether you are allowed to be a client. Mega Fusion can rely on the website notice later, because the contract says a site notice takes precedence.

Exhibit 12WarningHarder than usual9

Important note: we do not accept any trading from clients residing in the United States.
Clause 7.3 in Client Agreement (FSCA), p.16
Downloaded from the broker's site on Open the reference
  • Only applies after Exhibit 11The website list only outranks the contract because clause 3.4 says a posted notice prevails.

Mega Fusion's account page says your positions close when your margin level falls to 30%. The contract says 50% for all trading accounts, then says the level may vary.

Why this matters

This is the number that decides how much of your money is gone before trading stops for you. The two figures Mega Fusion publishes are twenty points apart.

Exhibit 13WarningHarder than usual50%

for all trading accounts the Stop-out Level is equal to 50% of the Margin Level required to maintain open positions; The Stop-out Level may vary depending on the account type or market conditions.
Clause 8(63) in Client Agreement (FSCA), p.28
Downloaded from the broker's site on Open the reference
Our own capture of mega-fusion.com, taken on Oct 9, 2026The claim, on Account Conditions table on the trading accounts pageVisit this page on the broker's siteDownload the full size image file

Mega Fusion advertises a 100% execution rate on its execution policy page. The contract says it does not guarantee that orders will be executed accurately or on the terms you expect.

In plain words

A manifest error means an obvious mistake by the broker.

Why this matters

A slogan on a marketing page is not a promise you can hold Mega Fusion to. Clause 16.6 also lets it refuse any trade it judges to be outside the prevailing market price.

Exhibit 14WarningHarder than usual

Neither we nor any third-party service providers shall be responsible for any delays, inaccuracies, or errors in transactions caused by technical issues, network congestion, or market volatility, nor do we guarantee that orders will be executed accurately or under the conditions you expect.
Clause 15(b) in Client Agreement (FSCA), p.38
Downloaded from the broker's site on Open the reference

The fee schedule the contract makes binding is not published anywhere

Mega Fusion's contract makes a commission and charges schedule and a spreads schedule part of your agreement and says both are on its website. Neither is among the sixteen legal documents it publishes. A separate clause charges up to 6% to return the balance of a client it later finds ineligible.

Cost disclosure3 clauses flagged

If Mega Fusion decides you were never eligible, it returns what is left of your money and keeps up to 6%. The fee is set in clause 5.3, in the chapter on who may open an account.

Why this matters

The fee comes out of your deposit, not your profit. On $5,000 returned, Mega Fusion can keep $300 for handling a situation you may not have caused.

Exhibit 8WarningHarder than usual6%

The Online Trading Facility shall not be held liable for any losses incurred from transactions conducted by Minors or ineligible individuals. In accordance with these terms, the remaining funds will be refunded via the original payment method, and the Company will charge a platform processing fee of up to 6% based on the payment method.
Clause 5.3 in Client Agreement (FSCA), p.12
Downloaded from the broker's site on Open the reference

What it costsA client found ineligible with $5,000 left gets back $4,700. The other $300 stays with Mega Fusion.

  • Worse together with Exhibit 9The eligibility promises are easy to break without noticing, and this is the fee for breaking them.

Mega Fusion's agreement makes a commission and charges schedule part of your contract and says it is on the website. None of the sixteen legal documents it publishes is that schedule.

Why this matters

You agree to charges you cannot read before you deposit. The only pricing Mega Fusion publishes is three rows on a marketing page, and the contract lets it set those rates as it goes.

Exhibit 10WarningHarder than usual

Shall mean the schedule of commissions, charges, Margin, and other rates which at any time may be applicable to our Services as determined by us on a current basis; the Schedule is available on our Online Trading Facility and may be supplied separately on demand.
Clause 8(18) in Client Agreement (FSCA), p.20
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must disclose costs and charges to a retail client before that client trades. Mega Fusion's contract makes two rate schedules binding by reference and publishes neither.

MEGA FUSION is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Mega Fusion holds a partner's commission for 180 days when the referred client paid by credit card. Trades held 30 seconds or less earn nothing at all.

Why this matters

If you introduce clients to Mega Fusion, six months of your earnings sit with the company before you can touch them. The contract also cuts your commission to zero if you and a client share two IP addresses.

Exhibit 20WarningHarder than usual180 days

All Partner Commissions derived from transactions executed using a credit card payment method shall be subject to a mandatory withholding period of one hundred and eighty (180) days from the date of the relevant transaction.
Clause 7.6 in Partnership Agreement (FSCA), p.12
Read from the broker's site on Open the reference

Where it sits: section 17 of 31 in the Partnership Agreement (FSCA), 55% of the way through.

Every route out of your account can be closed while a review runs

Clause 24.4 lets Mega Fusion refuse your withdrawal, your refund, a transfer and even the closing of your account until it finishes a review. The contract puts no outer limit on that review. One trigger is an unexplained mismatch in your IP address or your device. For a PAMM investor there is a second gate: the fund manager has to confirm the withdrawal.

Exit conditions1 clause flagged

If you die, your heirs must email official documents to Mega Fusion's support address. Clause 24.2 then leaves the decision to release your balance to its sole discretion.

Why this matters

Your family has no stated right to the money in the account. The contract gives Mega Fusion no deadline, no criteria and no appeal.

Exhibit 18WarningHarder than usual

Upon the death of an Account owner and if the legal heirs of such account owner would like to withdraw the remaining balance in the Account, to the extent there is any, such legal heirs should email us official legal documents from the applicable governmental authorities in the jurisdiction of the deceased (at support@mega-fusion.com) to our satisfaction, and we, in our sole discretion and upon checking such documents, shall make the decision whether to allow such withdrawal(s).
Clause 24.2 in Client Agreement (FSCA), p.46
Downloaded from the broker's site on Open the reference

The contract lets Mega Fusion hold back your deposit, not just your profit

Clauses 5.6 and 9.9 let Mega Fusion withhold principal, charge related fees and set off amounts while it reviews your documents. Principal is the money you paid in. A separate clause lets it void a trade it calls a manifest error and reclaim what it already paid you, and it settles every trading dispute itself.

Money already paid in1 clause flagged

Mega Fusion can void a trade it calls a manifest error, change its price, and demand back any money it already paid you. It settles every trading dispute itself and keeps the final say.

Why this matters

Profit in your account can be reversed later on a decision you cannot appeal. The contract does promise to act fairly in deciding whether an error happened, and excludes its liability otherwise.

Exhibit 15WarningHarder than usual

In the event of a pricing error, the company reserves the right to make necessary corrections or adjustments to affected accounts without prior notice.
Clause 8 in Risk Disclosure (FSCA), p.10
Read from the broker's site on Open the reference

Buried at section 47 of 52 in the Risk Disclosure (FSCA), 90% of the way through.

A 10% deposit bonus that stops you withdrawing anything

Mega Fusion runs ten promotions and publishes no bonus terms document. The terms for the 10% deposit bonus sit on a marketing page, and one of them says withdrawals are not permitted during the promotional period. Unlocking the bonus needs trading volume of 3% of your deposit in lots, which is 30 lots on a $1,000 deposit.

Promotion gates1 clause flagged

Mega Fusion offers a 30% loss-absorbing credit to residents of designated Middle Eastern countries. The list of eligible countries is not published on the page.

Why this matters

You cannot tell whether you qualify until Mega Fusion checks your verified country of residence. The same terms let it treat several of your accounts as one customer if it finds a connection between them.

Exhibit 22WarningHarder than usual30%

This promotion operates on a designated country/region whitelist basis. Only customers whose KYC-verified country/region of residence is included in the officially announced eligible country/region list are eligible to participate.
Clause 10 in Middle East Exclusive 30% Loss-Absorbable, terms
Read from the broker's site on Open the reference

You promise things most clients will never notice they promised

Clause 5.4 makes you warrant you are not a politically exposed person and not an employee of any listed company. Mega Fusion can close out your open positions without notice if that turns out to be wrong. It can also change the whole agreement at any time with no notice, and your next login counts as acceptance.

Who may be a client4 clauses flagged

Mega Fusion makes you promise you are not a politically exposed person and not an employee of any listed company. If that is wrong, it can close your open positions without notice.

Why this matters

Millions of ordinary people work for listed companies. Signing up makes you warrant something untrue, and clause 5.4 lets Mega Fusion close your trades without telling you first.

Exhibit 9WarningRarely seen

We do not accept any trading from clients who are employed by a Listed Company. We reserve the right in such cases, in our sole discretion, to impose any restrictions deem appropriate on your trading account(s), including the immediate termination of our business relationship, and thus, the close-out of any open Transactions and/or Contracts without prior notice and without being obliged to provide you with any explanation or justification.
Clause 5.4 in Client Agreement (FSCA), p.13
Downloaded from the broker's site on Open the reference

Our readingBrokers normally apply extra checks to politically exposed persons and to staff of listed companies. Barring every employee of every listed company outright is unusual, and here it is a promise the client makes rather than a check the broker runs.

  • Worse together with Exhibit 8Breaking one of these promises triggers the refund route, and the refund route costs up to 6%.

Mega Fusion can rewrite the agreement at any time with no warning, and your next login counts as acceptance. Clause 3.4 also says a notice posted on part of the site beats the contract itself.

Why this matters

The document you read is not the one that governs you tomorrow. You are expected to check a 147 page agreement yourself for changes nobody tells you about.

Exhibit 11WarningHarder than usual

We reserve the right to amend, modify, delete, or add to the terms of this Agreement at any time, and may make such modifications at our sole discretion, without prior notice or warning.
Clause 3.6 in Client Agreement (FSCA), p.10
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must give a retail client advance notice of a material change to their terms. Mega Fusion reserves the right to change them without prior notice or warning.

MEGA FUSION is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 12A site notice overrides the contract, which is how the nine excluded countries on the website can beat the one named in your agreement.

Mega Fusion may issue a margin call but has no obligation to, and it can raise margin requirements at short notice. Its risk disclosure says your losses can exceed your deposit.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

You can lose more than you put in, with no warning from Mega Fusion first. Watching your own positions is the only protection the contract gives you.

Exhibit 19WarningHarder than usual

when the Margin posted in an Account is below the minimum Margin requirement, we may, but shall have no obligation whatsoever, issue a Margin Call and in this case the client will have to either increase the Margin that he/she has deposited in his/her Account, or to close out his/her position(s)
Clause 8(41) in Client Agreement (FSCA), p.24
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA and CySEC, and others following the ESMA rules, must give retail CFD clients negative balance protection, so a client cannot lose more than the account holds. Mega Fusion's risk disclosure says losses can exceed your initial deposit.

MEGA FUSION is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 13You are told to watch your own margin level while the two published close-out levels disagree by twenty points.

Mega Fusion treats trades held three minutes or less as scalping, which can cancel a partner's commission. The same clause says going over three minutes does not protect you.

Why this matters

The published threshold is not a safe harbour. Mega Fusion keeps the right to call your trading improper even when every trade lasted longer than the rule it wrote.

Exhibit 21WarningRarely seen

Frequent, continuous, repetitive, or concentrated short-term holding trades, including a substantial number of trades with a holding period of 3 minutes or less, or adopting repeated opening and closing of positions within a short period of time as the primary trading strategy;
Clause 7.8(g)(i) in Partnership Agreement (FSCA), p.13
Read from the broker's site on Open the reference

Buried at section 19 of 31 in the Partnership Agreement (FSCA), 61% of the way through.

Our readingA numeric holding time rule is common. Writing the number into the contract and then saying that beating it still counts as a breach leaves the client with no test they can meet.

Mega Fusion publishes two sentences as its complaints procedure

The complaints page tells you to contact support and names no deadline, no escalation step and no outside body. The PAMM agreement goes further. Questions about a fund manager's qualifications are deemed inadmissible, and investors may not use a manager's removal to damage Mega Fusion's reputation in any media channel.

Right to complain2 clauses flagged

Mega Fusion will not say whether your PAMM manager is qualified, and clause 1.4 dismisses any request about it. Clause 1.7 also bars you from criticising the company in any media channel if it removes a manager.

Why this matters

You give your money to someone whose competence you may not ask about. If it goes wrong, the contract says you may not claim against Mega Fusion on those grounds, or speak about it publicly.

Exhibit 7WarningRarely seen

Consequently, any claims or requests from Investors regarding the legal or professional qualifications of PAMM Managers shall be deemed inadmissible and summarily dismissed.
Clause 1.4 in PAMM Agreement (FSCA), p.3
Read from the broker's site on Open the reference

Where it sits: section 16 of 79 in the PAMM Agreement (FSCA), near the start.

Our readingConfidentiality over a manager's identity is defensible. Declaring a client's questions inadmissible and forbidding public criticism are terms seldom seen in a retail agreement.

Mega Fusion's complaints page is two sentences long. It tells you to contact support, and names no deadline, no escalation step and no independent body.

Why this matters

You have no published route beyond the company that took your money. The agreement has a complaint handling chapter near the back, and whatever deadline it sets does not appear on the complaints page.

Exhibit 24Notice

Customer satisfaction is our top priority. If you find any aspect of our services unsatisfactory, we encourage you to contact our Support Department or your dedicated Client Relations Manager.
Quoted in Complaints
Read from the broker's site on Open the reference
Set against a regulated standard: FSCA (South Africa), FCA (UK)

Firms licensed by the FSCA must keep a documented complaints procedure and tell clients how to take a complaint to the FAIS Ombud. The FCA requires its firms to tell retail clients about the Financial Ombudsman Service. Mega Fusion's complaints page names neither.

MEGA FUSION is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

The list of documents Mega Fusion can demand has no end

Clause 5.6 lists bank statements, payslips, tax filings, property deeds and inheritance evidence, then adds any other documents the Company reasonably requires. Your answer has to satisfy Mega Fusion, within a deadline Mega Fusion sets. Until you do, clause 9.9 lets it restrict deposits, withdrawals, transfers, trading and your leverage.

Document demands1 clause flagged

Mega Fusion can ask you for bank statements, payslips, tax filings, property deeds, inheritance evidence and anything else it decides it needs. Your answer has to satisfy Mega Fusion, within a deadline Mega Fusion sets.

Why this matters

Failing to satisfy it costs you deposits, withdrawals, transfers, trading, your leverage and access to the account. The contract names no limit on how often this can be reopened.

Exhibit 17WarningHarder than usual

Any other documents, information, or explanations reasonably required by the Company based on applicable laws and regulations, regulatory requirements, anti-money laundering and counter-terrorist financing requirements, internal risk management policies, account activity, or third-party verification results.
Clause 5.6(h) in Client Agreement (FSCA), p.14
Downloaded from the broker's site on Open the reference

The South African agreement has no conflicts of interest clause at all

The Mauritius agreement admits Mega Fusion is the direct counterparty to your trades and may sell above or buy below the market range. The South African agreement drops that definition and its whole conflicts of interest chapter. Both say a conflict of interest policy is posted on the website, and none is published.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Who is on the other side1 clause flagged

The Mauritius agreement admits Mega Fusion is the direct counterparty to your trades and may sell above or buy below the market range. The South African agreement drops that definition and the whole conflicts of interest chapter.

Why this matters

Your broker profits when you lose, and one of its two contracts never says so. Both say a conflict of interest policy is posted on the website, and no such policy is published.

Exhibit 16WarningHarder than usual

Market makers do not act as agents for clients, but instead trade in their own name within the market and may choose to sell at prices higher than the market range or buy at prices lower than the market range to provide liquidity. As a market maker, we will be the direct counterparty to the transactions or contracts conducted by clients on our Online Trading Facility.
Clause 8(47) in Client Agreement (FSC), p.25
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), FSCA (South Africa)

Firms licensed by the FCA, CySEC and the FSCA must keep a conflicts of interest policy and disclose material conflicts to their clients. Mega Fusion's agreements refer to such a policy and do not publish one.

MEGA FUSION is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Two companies, two regulators, and a framework from neither of them

Mega Fusion Group Limited in Mauritius and Mega Fusion Group (Pty) Ltd in South Africa publish one client agreement each. Both then list five instruments of an International Financial Services Commission, which licenses neither company. The South African agreement's own parties clause says that company is regulated by the Financial Services Commission, the Mauritius regulator.

Who you contract with2 clauses flagged

Both agreements name their own country's main financial act, then list five instruments of an International Financial Services Commission. Neither Mega Fusion company claims a licence from any such body.

Why this matters

The rules your contract says it follows are not the rules of the regulator on its own cover. Clause 23.3 bases Mega Fusion's duty to check that a product suits you on one of those foreign regulations.

Exhibit 23WarningRarely seen

In accordance with the International Financial Services Practitioners (Code of Conduct) Regulations 2001, the Company takes all reasonable steps to ensure it does not offer securities business services to a Client, unless these services are suitable for the Client having regard to the facts disclosed by that Client and other relevant facts about the Client of which the Company is or ought to reasonably be aware.
Clause 23.3 in Client Agreement (FSCA), p.45
Downloaded from the broker's site on Open the reference

Our readingA retail agreement normally cites the law of the jurisdiction that licenses the firm. These two cite instruments of a different offshore regime, and the Mauritius anti money laundering policy is written on South African statutes.

In the South African agreement, the clause that identifies your counterparty says the company is regulated by the Financial Services Commission. That is the Mauritius regulator, not the South African one.

Why this matters

The one clause that tells you who you deal with and who supervises them is wrong. The rest of the same document names the Financial Sector Conduct Authority and provider number 54221.

Exhibit 25Notice

Mega Fusion Group (Pty) Ltd a limited liability company formed under the laws of South Africa and regulated by the Financial Services Commission, having its registered office at 29 First Avenue East, Parktown North, Johannesburg, Gauteng, South Africa 2193
Clause 1.1 in Client Agreement (FSCA), p.7
Downloaded from the broker's site on Open the reference

A dispute goes to Mauritius or Johannesburg, whichever company you signed with

Mega Fusion's client agreement sends disputes to the non-exclusive jurisdiction of the courts of Mauritius or South Africa. Its partnership and PAMM agreements make the same courts exclusive. For an offshore broker this is ordinary, and it is still a long way from most clients.

Where a dispute goes1 clause flagged

Mega Fusion's client agreement sends disputes to the courts of Mauritius or South Africa, depending on which company you signed with. Its partnership and PAMM agreements make those courts exclusive.

Why this matters

Suing your broker means suing it where it is registered, not where you live. For most clients that cost is higher than the amount in dispute.

Exhibit 26NoticeStandard wording

The parties hereby irrevocably agree that any dispute arising from or in connection with this Agreement shall be subject to the non-exclusive jurisdiction of the courts of Mauritius.
Clause 8(7) in Client Agreement (FSC), p.18
Downloaded from the broker's site on Open the reference

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The Arabic page gates only the bonus on trading volume, while the English page for the same offer bars every withdrawal while the promotion runs.

Said in public, in English

Trading volume must be completed before withdrawing the bonus amount.

Terms and Conditions on the Arabic version of the 10% Deposit Bonus page, which lists six terms

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of mega-fusion.com

In the contract · clause Terms and Conditions

Withdrawals are not permitted during the promotional period.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of mega-fusion.com

02

Mega Fusion markets accounts in Persian, keeps the notice excluding residents of Iran in English only, and reserves the right to cancel the service for any reason.

Said in public, in Persian

با حساب تجارت فارکس و CFD خود خدمات رایگان بیشتری دریافت کنید

Word for word in English: Get more free services with your own forex and CFD trading account

Persian language homepage, heading over the list of account benefits

In the contract · clause 7.1

Without limiting any of the foregoing, our Online Trading Facility is NOT available where it is illegal to access and/or use, and we reserve the right to refuse, decline and/or cancel our Online Trading Facility and/or any part or component thereof, at our sole discretion and for any reason, at any time, without being obliged to provide you with any explanation or justification thereof.

03

The website excludes residents of nine countries while the contract a client signs excludes only the United States.

Said in public, in English

The services listed on this website are not available to residents of the USA, Japan, Ukraine, New Zealand, Australia, Russia, Iran, Myanmar and North Korea.

Footer notice shown on every page of the website

In the contract · clause 7.3

Important note: we do not accept any trading from clients residing in the United States.

04

The marketing page puts the forced close-out at 30% of required margin and the contract puts it at 50% for all trading accounts.

Said in public, in English

Stop-Out Level Triggered at 30%

Account Conditions table on the trading accounts page

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of mega-fusion.com

In the contract · clause 8(63)

for all trading accounts the Stop-out Level is equal to 50% of the Margin Level required to maintain open positions

05

The execution page advertises a 100% execution rate while the contract refuses to guarantee that any order is executed accurately or as expected.

Said in public, in English

100% Execution Rate

Headline claim on the execution policy page, beside No Dealing Desk Delays

In the contract · clause 15(b)

Neither we nor any third-party service providers shall be responsible for any delays, inaccuracies, or errors in transactions caused by technical issues, network congestion, or market volatility, nor do we guarantee that orders will be executed accurately or under the conditions you expect.

The documents this reading is based on

24 files, all published by MEGA FUSION. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording MEGA FUSION publishes.

How this reading was done

Every clause above was read out of a document MEGA FUSION publishes itself

This reading was published on .

Documents
10 of 24downloaded from the broker's site, and 10 read in full
Pages opened
84pages walked to find those documents, footer links included
Marketing pages
11public pages set against what the contract says
Languages
EN vs FAthe language it advertises in, against the language it contracts in
Position measured
5clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

Mega Fusion Group Limited

You contract with one of two companies, and which one decides your law, your courts and your regulator. Mega Fusion Group Limited is the Mauritius company, company number GB23201920, licensed by the Financial Services Commission of Mauritius and registered at 3rd Floor, Standard Chartered Tower, Cybercity, Ebene. Mega Fusion Group (Pty) Ltd is the South African company, financial services provider number 54221, registered in Johannesburg. Nothing in either agreement says how a client is assigned to one or the other. The website names only these two as regulated and publishes no Australian entity or document set, while the same footer says the services are not available to residents of Australia. The South African agreement's own parties clause says that company is regulated by the Financial Services Commission, which is the Mauritius regulator.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

Mega Fusion publishes a complete parallel document set for both of its licensed companies, eight documents each, and every page carries a version date. Most brokers publish one undated set. The Middle East credit offer is documented in eleven numbered sections with worked examples showing exactly how the bonus shrinks when you withdraw. Weekend swap charging is spelled out in the contract itself: three times the swap on Wednesday for forex and metals, Friday for CFDs. The risk disclosure states that losses can exceed your deposit, and the PAMM agreement admits the company does not vet the managers you can follow.

This review covers the first third of each client agreement, up to clause 24 of about 90. The fee chapter, the deposits and withdrawals chapter, the dormancy and archiving clause, the complaints chapter and the default chapter all sit in the part that could not be read. That means the dormancy fee, the withdrawal timetable and the complaint deadline are unknown, and the copies on the broker's site are no more readable. Two Mauritius files, the PAMM agreement and the risk disclosure, are published in an unreadable form, so every quotation from them comes from their South African twins. The review does not cover the two privacy policies, the two cookie policies or the Mauritius execution policy, and covers only the opening pages of the South African execution policy. No earlier version of any of these documents is available for comparison.

How to check any of this yourself

Every quote above links to the MEGA FUSION file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document MEGA FUSION publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge MEGA FUSION on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Oct 9, 2026.

If you represent MEGA FUSION and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on MEGA FUSION. Whether its licence is real and current is a separate check on the broker profile.

What traders say about MEGA FUSION

Comments on MEGA FUSION are posted on its profile

Nobody has commented on MEGA FUSION yet. If you have traded with them, your experience helps the next reader decide.

Write the first comment
Back to the MEGA FUSION profile