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A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"Metadoro Review – Broker Under Scrutiny For Investment Scam
INBROKERS REVIEWS, FOREX SCAMSTAG:FOREX SCAM, SCAM REVIEW0
We’ve got ourselves a case here. After emphasizing that offshore brokers are extremely risky time and time again, now’s the time to show you why.
Metadoro is a textbook example of this. Without further ado, we’ll start the Metadoro Review and hopefully deter you from investing.
On top of that, we seriously recommend you not to invest in the fake brokers Spartan Trade, Trades Universal, and Finotive Funding. Do not trade with these unlicensed brokers if you want to save your money!
Broker status: Offshore Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites: metadoro.com
Blacklisted as a Scam by: NSSMC
Owned by: RHC Investments
Headquarters Country: Mauritius
Foundation year: 2019
Supported Platforms: MT4 & MT5
Minimum Deposit: 20 USD
Cryptocurrencies: Yes – BTC, ETH, ADA…
Types of Assets: Forex, Crypto, Indices, Shares, Commodities, ETFs, Bonds
Maximum Leverage: 1:500
Free Demo Account: Available
Accepts US clients: Yes
report a scam.
Metadoro Is A Scam Broker?
Metadoro is an offshore broker based in Mauritius and allegedly run by the company RHC Investments. This entity is registered with the local regulator, the FSC. That implies that Metadoro is a licensed provider, albeit a questionable one.
Namely, the offshore domain that is Mauritius simply requires entities to possess a capital of 25,000-250,000 EUR, depending on the type of license. Metadoro is on the higher end.
However, lower-tier jurisdictions aren’t very reliable as brokers have only one condition to meet – they aren’t liable to compensate clients or segregate their funds. They can vanish whenever they like without repercussions.
Metadoro is an offshore broker off the coast of Mauritius and is a licensed provider. However, after a warning from the Ukrainian NSSMC and complaints from clients, it’s clear that this is an investment scam.
Arguments For Trading With a Tier 1 Licensed Broker
As mentioned, regulated offshore brokers have irrelevant licenses most of the time. Instead, you should choose Tier 1 licensed brokers, those approved by the likes of the FCA, ASIC, BaFin, etc.
That way, they have to have significantly higher operating capital (i. g. 730,000 GBP), provide clients with negative balance protection, a segregated bank account, a compensation scheme (i. g. 20,000 EUR) and leverage restriction (1:30).
Metadoro Was Blacklisted by the Ukrainian Financial Authority NSSMC
It seems Metadoro was busted for conducting its wrongdoings. The Ukrainian National Securities and Stock Market Commission flagged this broker as a fraud. That’s a huge red flag in our eyes and reason enough not to trust Metadoro. Check out the warning for yourself:
Metadoro Warning From NSSMC
Metadoro Software – How Safe Is The Platform?
Metadoro Trading Software
Metadoro offers both Meta Trader 4 & 5. Could this be the pinnacle of the trap? These two cutting-edge platforms are widely considered the industry’s best with critical acclaim to their names.
They provide clients with a range of advanced tools and features such as algorithmic trading, live market reports and various charts. All in all, the platforms are perfect so why did we mention a trap?
Because you could get carried away with trading and everything you’ve earned could suddenly disappear. Remember that nothing is stopping Metadoro from simply vanishing with your funds.
What Financial Instruments Does Metadoro Include?
We have to say, it’s a pretty hefty offer. There’s an abundance of trading assets and instruments. From the classics to the more exotic variants, it’s all there supposedly. Here’s a quick overview, but be careful with it:
Forex pairs – EUR/USD, GBP/JPY, CAD/CHF…
Indices – US30, AUS200, NIKKEI225…
Commodities – coffee & wheat;
Energies – crude oil, brent oil, CO2 emission rights…
Metals – silver & gold;
Stocks – Apple, Tesla, Amazon…
ETFs – SPY500, Vanguard VOO & Invesco QQQ;
Bonds – Euro-Bund 10Y & Euro-Schatz 2Y;
Crypto assets – BTC, ETH, BNB…
Where Does Metadoro Engage In Fraud? – Countries Of Service
It seems Metadoro has set its fraudulent gaze on a number of countries. This is what we discovered:
Italy;
Latvia;
Romania;
Spain;
Germany;
The Netherlands;
The UK.
On similarweb.com, we also found out that the activity on the website spiked in November 2022 with 95,000 visits, mostly coming from Mexico and South America.
It’s alarming that Metadoro is on a world tour defrauding traders. It’s great that the Ukrainian regulator reacted, but not enough apparently.
As well, stay away from the trading scams Vestapros, OpoFinance, and ImportCapital! Furthermore, before investing, always investigate the history of internet trading firms!
Metadoro’s Account Types?
All we found on Metadoro’s website was a Welcome Account. This resembles a demo account in a way. You get 100 $ and MT4 for seven days to try things out.
As for proceeding to open a live account, the shady broker claims you only need 20 $. There’s no doubt that this isn’t your typical offshore scam.
Metadoro will allow you to trade and keep investing. After you’ve made some profits, that’s probably when the scammer will show its true face.
Metadoro’s Negative Balance Protection
Metadoro isn’t regulated by Tier 1 authorities, thus it isn’t obliged to provide clients with negative balance protection in case they’re about to go red.
Putting it up there is certainly a clever lure. Traders could easily hit zero since the leverage cap is way too high – 1:500! That’s a double-edged sword that’s disastrous more often than not.
Metadoro also claims it doesn’t charge any commissions and fees, which seems too good to be true. Brokers make money from fees & commissions, so why should one renounce them? Unless… The plan is to embezzle some hard-earned money.
Metadoro’s Deposit and Withdrawal Policies
Metadoro didn’t mention the funding methods on its website. We had to dig elsewhere. It seems that the con artist accepts the traditional payment methods:
Credit/debit cards;
Wire transfers.
The minimum deposit is just 20 $ and, as mentioned. Despite advertising a fee-free business, Metadoro contradicted its claim by saying it can charge deposit fees at its sole discretion.
Metadoro’s Terms and Conditions
The whole legal section looks legit. However, there are minor discrepancies that do give rise to doubt such as the one about fees that we mentioned above.
For that reason, we believe that a more thorough audit could reveal more fraudulent details. Due to the aforementioned warning and several other complaints, we conclude that Metadoro is not trustworthy at all.
Metadoro Broker Scammed You? – Please Tell Us Your Story
That’s a wrap. Our review is done and we hope you’ve picked up pieces of the truth during your read. If you’re a victim of this terrible hoax, don’t despair.
We’re here to tell you about the chargeback methods that could bring you your money back. If you need assistance with it, be sure to give us a call. Also, you could help us bring this scammer down once and for all!
What Is the Chargeback Procedure?
Credit/debit card transactions can be reversed via chargeback.
A chargeback can be requested at the issuing bank within 540 days.
Wire transfers can be reversed using a recall, also performed by the bank.
A recall is possible if the transaction is incomplete, otherwise, it’s not.
If you were scammed by a broker, let us know.
What Is Metadoro?
Metadoro is an offshore broker based and regulated in Mauritius. It claims to be owned by RHC Investments.
Is Metadoro a Scam Broker?
Yes. There are numerous complaints and a warning from the Ukrainian regulator that support this claim.
Is Metadoro Available in the United States or the UK?
Yes. The offshore provider seemingly accepts traders from both the UK and the US.
Does Metadoro Offer a Demo Account?
Yes. It’s in the form of a “Welcome Account” offered on the website. You get 100 $ to trade for seven days.
Get your money back from a scam
If you've been ripped off by scammers, get in touch and our team of experts will work to get your money back
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A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"Get millions upon millions of instant leads for your company to jumpstart your advertising campaign. You can use the lists an unlimited amount of times. We have been supplying firms and market research firms with details since 2012. Telemarketing" R . R from Kaohsiung Municipality, AB on May 2nd, 2023
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A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"Best essay writing service ESSAYERUDITE.COM" G . G from Phoenix, AB on April 14th, 2023
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A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"Rex is thorough and does a great job explaining the work that's been done. The work order links to pictures and videos is helpful too. Keep it up!" M . W from Dowagiac, MI on April 22nd, 2022
5(5 / 5)
A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"Steve Shannon installed and serviced my unit when we put in 5 years ago. You can really tell he's not there anymore. Tried charging me 500 for tech that was on hold w tech support most of the time then blew a fuse and tried to deny he did it. Clamped a freon leak w rubber then was going to charge to come back out. On top of that sent me another 700 proposal to fix the freon leak he already found. Dealing with the office was mostly less than pleasant. Had another company come out showed me all the " workings " of the A1 tech and then fixed the leak and recharged the unit for 400 out the door now it works great. So sad feel like I was treated as stupid and scammed. " J . W from Hopkins, MI on January 27th, 2017
5(1 / 5)
A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"A-1 did a great job in getting my heat pump back up and running again. Their staff was friendly and accommodating. Andrew the service tech diagnosed and repaired the problem fairly quickly and even had a little extra time to check my system over before he left. I am a little irritated that because he didn't have the part on his truck that I got charged an extra labor hour for him to go get it. Just doesn't seem right that it should cost me (the customer) an extra hundred bucks because he didn't have a stocked truck. Either way they did a good job and I might use them again, maybe. " C . C from Marcellus, MI on January 18th, 2017
5(4 / 5)
A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"After we first called A1Geothermal to request information and receive information about this system. There was never any high pressure sale calls. There sales manager worked up a cost analysis and it only made sense to have this system installed. With the high cost of propane and uncapped 30% Federal Tax Credit through 2016. Installation of a geothermal system only made sense. I also did some research on the value it could add to our home along with checking with our Realtor for her professional opinion. Found out that one of the major drawbacks for potential home buyers for those wanting to buy a home in the country is whether or not propane was the primary heat source. After we gave A1Geo the approval to start and made the down payment, the entire system was installed in a little over a week. (Actual installation time was a little over two days) Of course they have to dig up the yard a little, but we'll fix that in the spring. The Tranquility System we had installed is very quiet compared to the propane gas furnace we had replaced. It actually seems to work the best when you pick a temperature that your are comfortable with and leaving it there. We used to set the thermostat at different temperatures depending on whether we were home or not. I feel we made an solid investment in our home, as well as substantially lowering our heating and cooling costs. I would highly recommend researching this type of system and call them with any questions. (P.S. Don't expect the propane company to come out right away and haul off your old tank. Been a month and four calls. lol) " F . S from Allegan, MI on December 5th, 2014
5(5 / 5)
A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"I had a problem with one of our heat pumps. Called A-1 and they sent a repairman out. He quickly found the problem and made the repair. " C . L from Paw Paw, MI on July 1st, 2014
5(5 / 5)
A-1 Refrigeration/files/a1-logo.png$6461 Valley Industrial Drive, KALAMAZOO MI
269-375-9003"The digging done caused a big mess and it doesn't look good. The equipment broke-up my black top driveway in some places you can't drive on it without chunks hitting the car. The digger got stuck and left big holes in my lawn along with busting the drive trying to get out.After it was finished being installed we came home and the temp was 65 when it was set for 70, I could not get the unit to turn on right away and it finally came on but would not go above 67. The next morning the temp was down to 65, I rebooted the thermostat and the temp readout jumped to 75. It seem to hold through the night and the next morning I had no hot water, checked the breakers and found the hot water breaker tripped, I never had this happen before. We will see what the next few days have in store." S . L from Clayton, MI on April 30th, 2014
5(3 / 5)
"It was unfortunate at what happen. When we moved the earth moving equipment onto the job site the ground was dry and solid. On the last day a heavy rain moved in. With the ground being clay and wet it was impossible to level out with out it balling up into clunks. As for the driveway the asphalt was already broken up do to age. When the ground was dry we moved the equipment in OK. After the rain and the drive already breaking down, it let the rain in underneath the asphalt where it became loose. So when they moved the equipment out it did ball up the drive in areas where it was not a straight run. We went back tried to straighten out the miss.
The problem with the unit was do to the fact that the new thermostat was not working correctly. We replace the thermostat and the problem went away.
Thank you
Steve " - A-1 Refrigeration
