Match-Trader Company Overview: Fraud Exposed
Most fraudsters have standard methods of deception. They pose as brokers, attracting newcomers with lucrative partnership conditions. However, Match-Trader takes fraud to a new level by collaborating with pseudo-brokers. The company promises clients access to its proprietary trading technology and ensures comfortable trading. We will expose the schemes of these fraudsters and examine feedback from real users.
Facts Investigation
Match-Trader positions itself as a platform offering an ecosystem to leading forex brokers. The website displays a list of prestigious awards and liquidity providers the company allegedly collaborates with. Additionally, the following statistics are noted:
- 10 years of operation,
- 7 offices in the USA, Europe, and Asia,
- 225 satisfied clients.
According to information from the whois service, match-trade.com has been operational since 2013. However, there are no reviews in the web archive, only recent ones. It is likely that scammers acquired an old domain to lure new victims.
In the section with photos of top managers on the platform, fictional characters are featured. Scammers use stock images available on various web resources. In reality, the project is run by anonymous fraudsters.
They claim to have a network of offices in different countries worldwide, but all the specified addresses are false. Also, the phone numbers listed on the websites FX Edge and Noble Trading are associated with fraudulent intermediaries surrounded by negative reviews.
Contact with Match-Trader employees is possible through social media and email, but, according to reviews, reaching customer support is nearly impossible. Managers stop responding after receiving payment.
Match-Trader Legal Basis Check
The Match-Trader page states that it operates within the legal framework. According to the company’s data, their main partner, Match-Prime, is one of the best liquidity providers regulated by CySEC. However, no information about Match-Trader and Match-Prime is found on the website of the regulatory body. There is no such broker in existence.
For activity in the Russian-speaking sector, the company was supposed to obtain licenses from the Central Bank of Russia, the National Bank of Belarus, and other regulators. However, the verification revealed that the project authors decided to act against legislation. Collaborating with Match-Trader implies waiving legal protection and risking your capital. Judging by traders’ feedback, recovering investments is practically impossible.
Commercial Offer
Match-Trader develops software for brokers and offers a comprehensive solution for launching a forex business. The service package cost is $5,000 and includes assistance in business registration, provision of software and CRM, integration of payment systems, and website creation.
User Reviews
Although there are few reviews of Match-Trader online, the feedback already found is sufficient to justify the opinion of the company as fraudsters. The company fails to comply with contract terms, turning everything into a process of extracting funds from clients.
In addition to that, there are reviews about brokers working with the subject of our review. They are just ordinary scammers using the Match-Trader terminal to deplete others’ deposits.
If you have encountered fraud by this organization, please leave a review under our expert review, sharing your opinion and experience. This will help others avoid danger.
Fraud Scheme
Match-Trader promises clients a full package of services, takes an advance payment, and promises results within a week. However, then various excuses for work delays begin. Weeks pass, then months. The client is told that they can expedite the process, but it will require an additional payment. All of this is just a way to further deceive an already deceived user for money. Once the victim understands the nature of the scam and demands a refund of investments, the scammers disappear without a trace. There is simply no history of fund withdrawals because the contract with them is legally non-binding.
Comprehensive Analysis Conclusion
Match-Trader is a typical scam project that also collaborates with dark brokers. They help other scammers empty the wallets of others. We do not recommend interacting with this company and with brokers using the Match-Trader platform.
