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Problem MetaQuotes (Meta Trader) Complacent in White Label Scams

I am having an issue with a company
Hi there,

It seems MetaQuotes are protecting themselves even more now; see the message below when I logged into MT4 just now (I don’t recall seeing this prompt before; I think it’s a new addition by them):

They can use this disclaimer to wash their hands of any wrongdoings of scam brokers.

C4B3D1AE-0248-4993-85BB-96DE5052CD5B.png
 
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Hi there,

It seems MetaQuotes are protecting themselves even more now; see the message below when I logged into MT4 just now (I don’t recall seeing this prompt before; I think it’s a new addition by them):

They can use this disclaimer to wash their hands of any wrongdoings of scam brokers.

View attachment 69414
Their disclaimer should also state that they perform no due diligence for any broker that uses their software, real or fake, therefore MQ cannot verify if a broker is real. If you become a victim, do not contact MQ for any assistance even though they have a signed licensing agreement with every scam broker who uses their software. Corporate greed!
 
Corporate greed!

did you search for company’s UBO ultimate beneficial ownership, then maybe they will start paying attention

Truly a nice gaming platform, was SpotOptionExchange Limassol also one of their many high risk clients :oops: again how many platforms was it ? as PandaTs, Leverate........

Of course this involves serious crime

https://www.ic3.gov/Home/FileComplaint why not report your findings


hum, strange best is ask for help to ICIJ reporters ( just wonderful these Pandora Papers
https://offshoreleaks.icij.org/nodes/20116672?e=1

https://web.archive.org/web/20080801000000*/www.metaquotes.ru
 
Metaquotes do have responsibilities to ensure each MT4/MT5 software licenses to fulfill registration requirements, whether it is main label or white label. If they have license to use the software, they must be properly registered companies. However, lots of scam brokers can easily run their fake trades on MT4/MT5 platform without any licenses, and MQ don't care as long as they can keep making money thru main labels/white labels.
I was scammed by a fake broker called AF Index and contacted them multiple times, they just simply asked me to contract the broker and they bare no responsibility because they are just a software company, when I tried to argue they blocked my email address. A class-action lawsuit needs to be filed against Meta Quotes by everyone who was scammed using their platform.
how and where we can file a complain against metaquotes. is there any website or link to do it through ?
 
I thought this was interesting to see on the MQL5 website.

3.25. MetaQuotes Ltd reserves the right to cooperate fully with governmental or regulatory authorities, law enforcement bodies, private investigators and/or injured third parties in the investigation of any suspected criminal or civil wrongdoing. Further, to the extent permitted by applicable laws and policies, MetaQuotes Ltd may disclose the User's contact information and/or information regarding the User's account(s), transactions or activities carried out on or via the MetaQuotes Ltd Website, if requested by a government, regulatory or law enforcement body or an injured third party, or as a result of a subpoena or other legal action. MetaQuotes Ltd shall not be liable for damages or results arising from such disclosure, and the User agrees not to bring any action or claim against MetaQuotes Ltd for such disclosure.
When a victim asks Meta Quotes for help, they tell a victim to hire a lawyer, come back with a court order and only then will they disclose any details. Most victims don't have money to hire a lawyer. I invited MQ to this thread and they won't show up!
 
When a victim asks Meta Quotes for help, they tell a victim to hire a lawyer, come back with a court order and only then will they disclose any details. Most victims don't have money to hire a lawyer. I invited MQ to this thread and they won't show up!
Perhaps if more victims of a specific scam joined in a sort of a class action, this may be feasible.
 
Perhaps if more victims of a specific scam joined in a sort of a class action, this may be feasible.
Hope you don’t mean class action in Limassolgrad

https://www.theguardian.com/world/2...olgrad-the-city-getting-rich-on-russian-money

“We hold about six seminars a year promoting Cyprus across Russia,” says Antis Nathanael, head of the Cyprus Russian business association in Nicosia. “The 300 Cypriot companies in our directory have 90% of their operations in Russia and are worth around 80% of the wealth of Cyprus. We share the same religion and they love our sun. With Brexit, I am now working on bringing oligarchs over from London.”

:eek:o_O:eek:

wow wow wow, yes let's take a deep look into this one more junk, understand these days one may also trade stocks on mt4, true stocks not cfd's based on stock prices, any body knows how this is to work :D
 
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