MEDE Company foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.mede.global/#/login?type=2, about the company's legal and temporary regulatory information, the company's address 291 Brighton Road, South Croydon, Surrey, CR2 6EQ, United Kingdom.
MEDE Company Forex Broker
Basic Information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskRating Index
Mede.company Forex Broker - Complete Information Guide
1. Broker Overview
Mede.company, officially known as Mede Global Limited, is a forex broker that has been operating for approximately 2 to 5 years. The broker is headquartered at 291 Brighton Road, South Croydon, Surrey, CR2 6 EQ, United Kingdom. It operates as a private entity, offering trading services primarily to retail clients interested in forex and CFDs (Contracts for Difference).
Despite its relatively recent establishment, Mede.company has positioned itself in the competitive online trading landscape by providing access to over 350 trading instruments across various financial markets. The company aims to cater to a diverse clientele, including both novice and experienced traders. However, it is important to note that the official website of Mede.company is currently inaccessible, which raises concerns about its operational transparency and reliability.
Mede.company offers a range of services, including forex trading and CFDs, and utilizes the MetaTrader 5 (MT5) platform for trading execution. The broker's business model focuses on providing retail forex trading services, allowing clients to trade a variety of financial instruments through a user-friendly trading platform.
2. Regulatory and Compliance Information
Mede.company operates without valid regulatory oversight, which poses significant risks to potential investors. The broker has no recognized licenses from major regulatory bodies, such as the Financial Conduct Authority (FCA) in the UK or the Commodity Futures Trading Commission (CFTC) in the US. The National Futures Association (NFA) has marked it as an unauthorized entity, indicating that it does not adhere to the regulatory standards typically expected in the financial services industry.
- Regulatory Status: No valid regulation.
- License Numbers: N/A.
- Scope of Regulation: The absence of a regulatory framework means that client funds are not protected under any investor compensation schemes, and there are no mandatory client fund segregation policies in place.
- KYC and AML Compliance: Due to the lack of regulation, it is unclear if Mede.company follows adequate Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.
Investors are strongly advised to exercise caution when considering trading with Mede.company, as the absence of regulation significantly increases the risk of fraud and financial loss.
3. Trading Products and Services
Mede.company provides a diverse range of trading products, primarily focusing on forex and CFDs. The broker offers more than 350 trading instruments, which include but are not limited to:
- Forex: A comprehensive selection of forex currency pairs, including major, minor, and exotic pairs.
- CFDs: Contracts for difference on various asset classes such as:
- Indices: Major global indices.
- Commodities: Including oil, gold, and silver.
- Stocks: Shares of major companies.
- Cryptocurrencies: Selected cryptocurrencies for trading.
The broker claims to frequently update its product offerings to meet market demands, although specific details on new products or updates have not been disclosed. Mede.company does not provide a demo account, which may limit the ability for potential clients to practice trading before committing real funds.
4. Trading Platforms and Technology
Mede.company supports the MetaTrader 5 (MT5) trading platform, which is widely recognized for its robust features and user-friendly interface. The key features of the MT5 platform offered by Mede.company include:
- Multi-device Access: MT5 is available on desktop, web, and mobile platforms, allowing traders to access their accounts anytime and anywhere.
- Advanced Charting Tools: The platform offers various analytical tools and indicators to assist traders in making informed decisions.
- Automated Trading Support: MT5 supports algorithmic trading, enabling users to deploy trading robots and scripts.
While Mede.company does not appear to have developed a proprietary trading platform, the MT5 platform provides sufficient functionality for most traders. However, the broker's technical infrastructure details, such as server locations, are not publicly available, raising concerns about the reliability of its trading services.
5. Account Types and Trading Conditions
Mede.company offers several account types, although specific details are limited due to the inaccessibility of their official website. The general conditions for trading accounts include:
- Standard Account: Minimum deposit of $200, with competitive spreads starting around 0.5 pips.
- Leverage: Offers a maximum leverage of 1:500, allowing traders to amplify their positions but also increasing the risk of significant losses.
- Minimum Trade Size: Information on minimum trade sizes is not explicitly provided.
- Overnight Fees: Specific details regarding overnight financing fees are not available.
Mede.company does not offer demo accounts, which may be a significant drawback for new traders looking to practice their trading strategies without financial risk.
6. Fund Management
Mede.company supports multiple methods for deposits and withdrawals, although specific details regarding fees and processing times are limited:
Deposit Methods:
Bank Transfers
Credit Cards: Visa and MasterCard.
E-wallets: Options such as Skrill and Neteller.
Minimum Deposit Requirement: The minimum deposit is $200 for standard accounts.
Deposit Processing Time: Not specified in available information.
Withdrawal Methods: Similar to deposit methods, including bank transfers and credit cards.
Withdrawal Processing Time: Reports suggest that clients have experienced difficulties withdrawing funds, raising concerns about the broker's reliability.
Withdrawal Fees: Specific withdrawal fees are not disclosed.
Due to the broker's lack of regulation and the reported issues with fund withdrawals, potential clients should be cautious when depositing funds.
7. Customer Support and Educational Resources
Mede.company offers limited information regarding its customer support services. The available channels for support include:
- Support Channels: Primarily through email and phone, although specific contact details are not provided due to the inaccessibility of their website.
- Service Hours: Not specified in available information.
- Language Support: The primary language appears to be English, but specific details on multilingual support are not available.
Regarding educational resources, Mede.company does not seem to provide comprehensive training materials or market analysis tools. This lack of educational support may hinder new traders from effectively navigating the forex market.
8. Regional Coverage and Restrictions
Mede.company primarily serves clients in the United Kingdom and potentially other regions, although specific details about its market coverage are limited. The broker does not openly disclose its regional offices or the countries it serves.
- Major Service Markets: United Kingdom.
- Countries Not Accepted: Specific countries or regions where services are not provided are not detailed in the available information.
- Special Restrictions: Given the lack of regulation, it is advisable for potential clients to verify the legalities of trading with Mede.company in their respective jurisdictions.
In conclusion, while Mede.company offers a range of trading instruments and utilizes the popular MT5 platform, the absence of regulation and the reported issues with fund withdrawals raise significant concerns. Potential investors should conduct thorough due diligence and consider the risks associated with trading through an unregulated broker like Mede.company.
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FX7060231002
Japan
Romance scam! I exchanged LINE with a woman named Osaka Nana and there was an investment fraud, so I made a profit and paid. She said that I could trust her and trade and no tax would be charged, but I made a profit and requested withdrawal. Then the analyst told me that I had to pay taxes, there was a fraud,
Exposure
2022-05-06
jf3737
Japan
There are two MEDE Global Ltd. companies, which is confusing, but I wrote it here. I'm sorry if it's a mistake. In early March of this year, a Taiwanese person named Janvin Mahiwo (Japanese name: Keiko Nozawa (Sawa?)) Guided a friend of FaceBook to LINE and offered to invest in the gold market. At the beginning of the investment, Janvin Mahiwo withdrew $ 100 worth of money as a "reward for me". There was no problem at that time, but I tried to withdraw $ 5,800 from MEDE Global's account by the procedure taught on 3/31, but the support of this company requested the following additional funds. .. (1) There is a request from the support side to pay the tax of 143,000 yen based on the National Tax Agency 1521 within 3 business days. (2) After paying (1), there is a request from the support side to confirm the remittance certificate within 2 hours. ⇒I had a meeting at my work during this time, and I couldn't confirm it. (3) When the support side tells us that it could not be confirmed, we request confirmation in the receiving account and when we tell that there was no deposit, we brought out the NTA 1527 this time and said, "There is no record of paying the deposit to the system." For some reason, he demands a deposit of 247,000 yen. (4) After payment of (3), the support side contacted me with "It will be completed by 4/10" and "I will let you know at the first time when it is over". However, there was no contact from the support side on 4/10. (5) Since it was Sunday on 4/10, I waited for about 2 days after that, and when I contacted myself, the support side said, "Please contact me positively (from this side)". The content of (4) can be interpreted as a contact from the support side, but since the reason is not clear, the support requested a second deposit of 254,000 yen. * When I asked this question, he said "out of business" at first, but then he was silent. (6) At this point, it was judged that the support side's response was quite suspicious, but in the unlikely event that it happened, the payment was made again. (7) After paying for (6), the support side contacted me with "It will be completed by 4/23 or 4/24 this weekend" and "I will inform you specially at the first time when it is over". However, there was no contact here either. (6) For these reasons, the company's support does not seem to pay at all. I think that it is an extremely malicious response, such as setting payment completion as a holiday and requesting an ID card (driver's license) to be attached each time. In addition, I received opinions from my friends, Japanese and foreign investors, including scolding that "I may pay fees, but I do not charge taxes or deposits, and the response is quicker." rice field. I can never forgive the response to the criminal misrepresentation that I took advantage of my ignorance. I would like to warn those who are currently investing in Forex, including the case of Janvin, and those who will invest in Forex in the future.
Exposure
2022-04-30
MEDE Company
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In today's diversified world of investment and finance, financial currencies have become a hot cake for the public, and especially foreign exchange investment and finance is of great interest to investors worldwide. So which broker can we trust? Let's take a look at the “MEDE Company” today.
旭阳__01
Australia
Withdrawing funds is an absolute nightmare, and the customer service is unhelpful and unreliable. They just make you wait and wait, with no resolution in sight. It's a shame because the trading platform itself is decent, but the hassle of dealing with their withdrawal process and unresponsive support team makes it not worth the trouble.
37130
2023-03-27