The Mestieriplaza broker misleads investors into believing they are dealing with a recognized and secure platform. Promises of earning opportunities and flexible wealth-building strategies are advertised for the purpose of leading investors right into the financial trap that will exhaust all their bank accounts.
If you do not wish to end up like thousands of others already losing their life savings, you should pay attention to our Mestieriplaza review. However, if you’ve already fallen victim, we may just have a way for you to get back what is rightfully yours.
| Regulated by: | Unregulated Broker |
| Is This Company Safe? | No, this company has no validation from a financial authority so they’re not to be trusted! |
| Known Websites: | mestieriplaza.com |
| Have Warnings from: | N/A |
| Registered in: | UK (alleged) |
| Operating since: | 2023 |
| Trading Platforms: | None |
| Maximum Leverage: | N/A |
| Minimum Deposit: | 10.000 € |
| Deposit Bonus: | N/A |
| Trading Assets: | Forex, CFDs, Crypto |
| Free Demo Account: | No |
| How to Withdraw from This Company? | Schemers don’t allow withdrawals! Contact our legal service for help and advice! |
Non-Existent Address
There’s no other way to determine where this nameless conduct was established, except through the alleged UK address. However, checking with the UK Companies House, we quickly determined that no company has ever been registered on the given location.
Moreover, according to the FCA database, the Mestieriplaza Forex firm isn’t licensed for brokerage activities or anything of the sort. At that, the company doesn’t appear to be regulated by any other reputable authority, like BaFin, ASIC, NFA or CySEC, for example.
Considering that illicit firms do not provide segregation of funds, proper data protection, compensation funds and negative balance insurance, you’re advised to pick a better regulated brokerage instead of this sham.
Operates from the Shadows
Registering with relatively recently established domains and entrusting them with your funds is never a good idea. This particular site first set its foot into the digital world in November, 2023 and has been devoted to tricking investors from these countries:
- Italy
- Lithuania
- United Kingdom
- Romania
You see, with the support of the pushy boiler room agents, this company manages to entrap Forex novices and rob them blind. The anonymous operators consistently call their targets and try to convince them to invest in deals that promise quick fortunes and piles of cash. If you’ve encountered similar propositions or already lost money to con artists, contact us without delay.
Reviews Reveal Unsettling Truth
It isn’t possible for a completely unknown and unpopular company to have too many positive reviews like this firm has on Sitejabber. What’s more likely going on here is the work of reviews selling networks, employed in order to promote the service.
The situation with the Mestieriplaza reviews on Trustpilot is completely different and displays the actual state of things. Despite the swindlers’ desperate attempt to cover up their crimes by posting fake reviews, real user feedback still shows through. Ex customers are outraged, disappointed and shocked to say the least.
Review sites are always a good place to start accumulating information of the public on a particular firm. Like in the case of the DIFX scam, negative reviews show the real fraudulent intent.
Where are Fees and Charges Explained?
Unfortunately, no legal directive obligates the Mestieriplaza scam to be transparent about the trading conditions they impose on their server. That’s why you won’t find a slightest hint about the costs and commissions the broker charges.
Naturally, like any other fraudster in the business, this online trading portal will convince you that the trades are risk-free, with no hidden costs. The same is claimed about transactions, which is a complete and utter lie. Another similar case is that of the PremiumFunds fraud.
Trading Tools Locked Behind Referral Codes
Account creation is only allowed to the handpicked individuals that own a referral code. That way the cyber criminals have protected the content of their site from the public eye. Yet, this leaves them with just enough space to manipulate traders to invest money with their questionable service.
No Premium Software Here
Web-based trading software is what is allegedly the default terminal used for conducting all trades.
However, the schemers that run this site require you to first acquire your Mestieriplaza login in order to even preview this glorified and majestic technological solution. As already mentioned, that is not possible without a referral code.
Unclear Choice of Assets
At this point it’s highly questionable if any trading happens on this server at all. Therefore, there’s probably no available financial products to buy and sell. The website vaguely mentions FX, Crypto and CFDs as available Mestieriplaza trading instrument categories, but nothing beyond that.
Egregiously Overpriced Accounts
Prepare to have your mind blown by promises of features that bring definite financial prosperity yet are completely unrealistic and insanely expensive. There’s simply no other way to explain the promised tools and options that come with a Mestieriplaza account. The cons have tried their best only to justify these price tags:
- Bronze – 10.000 €
- Silver – 25.000 €
- Gold – 50.000 €
- Platinum – 100.000 €
- Diamond – 250.000 €
- Premium – 500.000 €
- VIP – 1.000.000 €
Payout Complications
As the majority of the defrauded investors have reported, they’ve been asked to pay sudden fees and taxes upfront, yet their withdrawals were still delayed or straightforwardly rejected. The company doesn’t have a withdrawal policy that explains how the cashing in of profits is executed.
At that, not even the funding methods are ever mentioned. Clients are forced to contact these alleged account managers and professional mentors. Another toxic way to manipulate unwary traders.
Zero Customer Care
In case you want to contact the assistance center and get help with the aforementioned payout difficulties, well good luck. The phone number provided is as fake as the alleged address of the firm. The last option you can resort to is the online form which we tried to test but it doesn’t even take inputs, let alone help you get an answer to your problem.
Fund Retrieval is Possible!
The sham we’ve exposed today in our review could sometimes conceal their true intentions so well that it’s hard to resist their offer for quick money. However, you should always ask yourself how realistic their promises really sound.
If you have, by any case, already invested a significant amount of money with this fraudster, you should not wait in order to act properly and restore your funds. Our legal experts are always at your disposal, so contact us at any time for advice and legal support.
FAQ Section
What is Mestieriplaza?
Mestieriplaza is a fake FX trading platform with unknown origin and fraudulent intentions towards EEA traders.
Is Mestieriplaza Legit?
No, there’s no proof of their legitimacy and their alleged address is fake. No regulatory body is overseeing their operations.
Who is the Owner of Mestieriplaza Broker?
The owners, leadership team or anything of the sort if not revealed. If you need help withdrawing from such sites, make sure to contact our chargeback professionals for help.
Source:
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