Medco Finance Limited Review
Website: https://medcofinance.com
Phone: +442030978900
Address: 15 St Botolph St, London EC3A 7BB, UK
Email: [email protected]
ABOUT COMPANY:
Outstanding technologies
Our clients get perfect trading conditions, great liquidity and low spreads as well. We offer super efficient service with an emphasize on fast execution. Great attention paid to technologies allows Medco Finance Limited to stay ahead of the industry trends. We implement the latest technologies to provide our traders with experience and possibilities they won’t find elsewhere.
Our support does speak your language. We provide in-house live support in many different languages. Our goal is to offer both second to none trading experience and really effective customer support.
Our principles
Our clients are provided with most up-to-date trading platform to trade anytime they want.
At Medco Finance Limited we believe that our customers should have any tools for forex trading which successful traders need.
Our benefits
- Low commission rates
- Most efficient technology
- Completely web-based terminal
- Smart leverage options
- Great selection of payment options, fast and reliable
- Professional market analysis with most recent news
We provide transparent trading conditions to each and every client. Our goal is the success of our customers, so we provide the most customer centric service on the market.
I found out about this brokerage company about two weeks ago. And now the introductory data – I am a completely green beginner, although the experience has already appeared, due to these two weeks of trading with a black broker, so at that moment I did not realize who and what I was dealing with.
So I just took and registered an account, transferred money through cryptocurrency using an exchanger, the amount was $400. I waited until they were credited to the account, they were credited, well, I began to trade. In the end, I made a few trades, I was lucky, I earned another 150 dollars on top. Then I started to add, well, I thought, well, I have a net profit of + $ 80, let me withdraw all my money.
Well, that’s all. Put in a withdrawal request, that was the end of it. As if 12 days have passed, the money is still hanging in this Medko Finance Limited, and I don’t know what to do with them, how to withdraw them, I don’t know either. The broker stupidly does not withdraw my own money to me. In general, learn from the experience of others, I told you that this is a fraudulent and black broker, I hope you heard me.
I tell you how scams like Medco Finance Limited work. They have a service – providing a loan from the company. And so the broker gives you a loan, and also tells you which trades to open. You open these deals, he draws quotes for you so that the operations close in profit. As a result, it turns out that you earn money, and even your part of them is small. After that, like any client of a brokerage company who has earned a profit, you want to withdraw it, and that’s fine. But what does the broker say? He says, like, sorry, we gave you a loan, you will pay us a small part for a start, as a fee or as a commission. For example, they gave you a loan for $ 10,000, they will ask for 20% of this amount as a commission, and your profit is $ 3,000, while you don’t pay 20% of this amount, but throw it back into your account. You think, wow, okay, the profit is still more, I’ll drop $2000, withdraw $3000, at least I’ll check the withdrawal and continue trading. And here you replenish $2,000 to celebrate, and the office collapses, managers disappear from the radar. You are sitting in the minuses – you lost the initial deposit, you also lost it the second time when you threw money. I came across such a scheme, the scam was different, with a similar name to Medco Finance Limited, but with the same conditions. It seems to me that this is generally the same scammer and was in the end.
I can easily confirm the fact that the withdrawal of funds from Medco does not work. For more than two weeks I have been waiting for the processing of the withdrawal of funds, but to no avail. They don’t even answer my calls, they don’t answer my emails. They stupidly ignore me, they don’t want to do anything. How to upload screenshots here? It is necessary that people know that Medko is a scam, and that they will not even return the money that I invested here.
It smells, although it doesn’t, even I would say it stinks of fraud, scam, and so on… I don’t think that even just registering an account with Medco Finance Limited would be a good idea at all…
Who got kicked too? Have you ever been able to get money back from this broker? Did you succeed? I’m also stuck, 500 euros on the balance sheet, I can’t withdraw. Can someone help or is it better not to even try?
Medco Finance Limited is far from a reliable intermediary. This is a serial project in which you are guaranteed to lose your money, since it works without a license and simply impersonates a real company. Don’t do business with these scammers.
Medco Finance Limited is another unregulated broker. He’s just pretending to be a real company. Its main goal is to get the trader to put as much money into the account as possible. Naturally, they will not be returned later.
I see only some kind of fake office that is trying its best to hide its fraudulent act and appear white and fluffy in order to swindle as many people as possible for money.
I found one interesting information about Medco Finance Limited. Previously, as I understand it, they had a British address in London in their contacts, and if you try to google this brokerage firm in the registries of England, you can find this office there. But it’s not what you see in front of you, on this site it’s just a fake that stole and appropriated its name and legal data.
In defense of deceived investors, it is worth adding that Medco Finance Limited, like other projects from the same series, has very persistent managers who skillfully use various psychological tricks.