Warning: Is Meteor Trade a Scam?

Meteor Trade (meteortrade.co) Review

Be cautious of Meteor Trade (meteortrade.co); it displays many characteristics of a fraudulent scheme.

We found that it is located at 8 Copthall Roseau Valley DOMINICA, 00152.

Meteor Trade presents itself as a investment platform, but it appears unlicensed by any major commission, such as the FCA or SEC.

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Regulatory Check: Meteor Trade

The major issue is that Meteor Trade (meteortrade.co) lacks regulation from a credible authority.

Trading with unlicensed entities is extremely risky. Real firms are always licensed with bodies like the SEC, ASIC, or FCA for your protection.

Meteor Trade lacks this protection. As a result, there is no protection if they withhold your funds. Many investment fraud involve unregulated entities, and getting back money from them is hard without professional assistance.

For example, in Europe, unauthorized firms are not covered by the Financial Ombudsman. In America, they are not part of regulatory bodies, so your capital is at risk.

How Meteor Trade Might Scam You

Online trading fraud is evolving. Fraudsters use manipulation to take wealth. Below are common methods used by brokers like Meteor Trade (meteortrade.co).

The "Romance" Trap

The "Romance Scam" is a common method where scammers build trust over months. They fake a relationship on social media. Eventually, they introduce a secret investment. It's a trap to lure you onto a fake platform like Meteor Trade.

The "Bonus" Trap

Scammers build websites that look exactly like legit trading apps. They have charts and profits that increase. But it is a game. The scammer controls the numbers to make you feel rich so you invest more. When you try to withdraw, the "profits" are gone.

Red Flags

• Cold Calling: They call you from "brokers" you don't know.
• Unregulated: The firm lacks authorization.
• High Returns: They promise huge profits with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" first.
• Aggressive Sales: Agents pressure you to deposit more.

Do not trust positive ratings. Fraudulent brokers often write their own positive comments to look legitimate.

Verdict

Our verdict is to block Meteor Trade. It appears to be a fraud. Protect your money and find a regulated broker. Avoid meteortrade.co at all costs.