MetroWaveTrade Review – Is MetroWaveTrade a Scam Broker?
- Website: http://www.metrowavetrade.com/
- Website Availability: Yes
- Address: Wenlock Road 20-22, London, UNITED KINGDOM, N1 7GU
- Warning: Financial Conduct Authority (United Kingdom)
- Domain Blacklisted Status: The domain metrowavetrade.com is listed on 5 blacklists, showing a high risk of scams or malicious activity. One server timed out, but overall the site appears unsafe and should be avoided.
MetroWaveTrade Warning Signs That Shouldn’t Be Ignored
MetroWaveTrade (metrowavetrade.com) is under serious suspicion after being warned by the UK’s Financial Conduct Authority (FCA) for operating with no proper authorisation. The website has the template of other scam brokers already highlighted by regulators, which raises doubt on its legitimacy. It claims to have a London address, but there is no valid regulation and it has no transparency. As for reviews, it does have a Trustpilot rating of 3.2, which is not great when looking at the reviews, but there aren’t too many reviews at least (it is mostly negative), and it scored 1.14/10 from WikiFX who have labeled it as dangerous. The domain was registered in 2024 and the details were masked – both are not uncommon for scammers. There are several scam reports, with many stating that the activities were clear fraud. Even with the lack of reviews, and bad ones, there are enough reports of fraud that make this broker high risk and unsafe for investors.
Why You Must Be Careful?
We’ve been tracking down fake brokers and dark investment plans for many years. Our investigations cover many cases, from forex trading scams to currency trading scams and crypto scams. After years of research and hundreds of real cases, we now know how these scams work and how they play with innocent victims.
Grand promises, unusually high excess returns, and withdrawal issues – these are all common investor-trapping tactics.
If trading with MetroWaveTrade is a possibility, remain cautious. There has to be thorough research and intelligence supervision so that one is not made a victim of any such dishonest practice.
Avoid Trending Financial Frauds
Scammers never stop inventing new techniques for scamming unsuspecting people. Some of the most trending frauds include:
Investor Impersonation Scams: Fraudulent investment companies promise high profits within a short time; they disappear with every deposit.
Romantic Scams: Scammers pretend to develop online relationships merely to gain victims’ financial trust before scamming them.
Gift Card Scams: Scammers insist on payments being made through gift Card, hence making the transactions irreversible.
Bank Account Fraud: Identity theft and unauthorized access are applied for the purpose of empty bank accounts.
Phishing Fraud: Emails and messages trick people into sharing confidential information.
Cryptocurrency scams: Ponzi schemes and deceptive exchanges trick traders into losing funds.
Forex scams: Unregistered brokers manipulate trades and hold up withdrawals.
Ransomware: Frauds demand ransom to decrypt the information they have encrypted.
When doing financial transactions online, always be observant and handle it cautiously. Meanwhile, verify the legitimacy of a particular broker.
How to Recover Lost Funds?
If you’ve lost money to metrowavetrade.com or similar forex trading scams, you’re not alone. Victims of crypto scams, currency trading scams, and other scam brokers or shady platforms often struggle with scam money recovery.
We assist to recover money from scammers using proven strategies like chargebacks, dispute resolution, and legal action. Our team provides expert advice to help with scammed money recovery and guides victims through the entire recovery process.
Contact Us for a free consultation regarding the recovery of your funds.
Frequently Asked Questions
Q1. Is MetroWaveTrade a safe broker?
No. metrowavetrade.com shows major red flags, including no verified regulation and scam-like practices.
Q2. What problems do traders face with MetroWaveTrade?
Users report withdrawal issues, hidden fees, and false promises of high returns.
Q3. How can I recover money lost to MetroWaveTrade?
Document all transactions, report to regulators, and seek expert recovery help. Services like Proupshot assist victims with scam money recovery.
About Proupshot
Proupshot.co is dedicated to revealing every fraudulent broker and delivering accurate information to a trader. We aim to protect investors from scams or fraud in finance and also help victims in recovering their lost funds.
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Also, read TCEHK Review.
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