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May 16, 2023
Only The Best, Bulgaria
May 16, 2023
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OPVA, Pedo Playground, GirlsHUB, Lolita City
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May 16, 2023
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May 15, 2023
The 9 Best Case Management Software For Law Firms in 2022
AUG 23, 2022
Law firms can sometimes be endlessly chaotic. Lawyers, paralegals, and staff members must organize, analyze, and manage every aspect of multiple cases. They must track and monitor:
Deadlines,
Statutes of limitations,
Filing requirements,
Client records,
Billing,
Expert witnesses,
Evidence,
and much more.
Even a smaller case can require a great deal of time organizing documents and tracking details.
Effective case management is crucial in every law office.
Regardless of the size of the case or the size of the law firm, failing to have an efficient case management system makes your job much more difficult, at the very least.
Even worse, failing to manage your cases could result in a costly error or a mistake with irreversible consequences.
Your law practice doesn’t have to be ruled by chaos. The best case management software available today allows you to incorporate all aspects of managing a case into one platform.
Table of Contents
What Should You Look for When Choosing Case Management Software?
There are many options for case management software. You need to choose software that meets your specific needs.
Each law firm is unique, and lawyers may have different preferences.
Fortunately, there are options that allow you to customize a case management program to fit your needs.
Things you may want to consider include:
The ease of transferring, storing, and retrieving information
The ability of the software to work with other programs to gather information and data
Make minor adjustments and modifications to the system without going through the provider
The provider offers ongoing, quality support
Ability to configure the system to adapt it to your needs and current systems
Ease of retrieving data and create reports, forms, and other documents
The ability to track time, expenses, and generate invoices and billing documents
Accept online and credit card payments
Prepare documents for trial and monitor litigation deadlines
Many software companies offer free demos or free trial periods. You might need to try several case management software systems before finding the best system for you.
What Are Some Popular Case Management Software Systems for Law Firms?
Some of the popular case management software systems available today include:
CASEpeer,
FileVine,
SmartAdvocate,
Litify,
MyCase,
Clio,
Thomson Reuter’s Legal Tracker,
Trialworks, and
LawRuler.
Here’s a brief overview of each of these top-rated attorney case management systems:
CASEPeer Logo
CASEPeer is designed specifically for personal injury law firms. This cloud-based system offers time-saving and organizational features such as:
Settlement tools to track demands, offers, liens, fees, and costs
Dedicated tracking of discovery requests and responses
Integrated calendar
Automated notifications for statute of limitations
From the company: “CASEpeer’s powerful built-in tools allow you to constantly evaluate your organization’s workflow, identify opportunities to further develop employees, more effectively communicate on client’s cases, and maximize productivity and results.” -Lucero Smith, COO, CASEPeer
Demo: Interested in seeing how CASEPeer can help to transform your law firm into a well-oiled machine? Contact CASEPeer today to get started with a free demo.
Filevine Logo
FileVine is highly customizable and allows you to keep notes, documents, client communication, and calendar in one place.
Additional features include:
Allows multiple users
Ability to text and email clients
Task and deadline management
Integrates with more than 2,000 programs
Good choice for document management
Demo: Want to see how FileVine can help you transform your law firm operations? Book a free demo that’s customized to your firm’s particular needs.
Smart Advocate Logo
SmartAdvocate is a fully integrated legal case management system. Initially designed for personal injury and mass tort litigation practices, it is now used by a large range of litigation firms.
Features include:
Specific tool for tracking insurance information
Automated workflows
Medical records tracker
Fee calculator lets you enter the settlement amount and break out your firm’s fee, any referral fees or other costs for each client
From the company: “We take pride with each annual release,” Igor Selizhuk, CTO at SmartAdvocate states, “because with each release, we fulfill our promise to our clients to continually provide them with a system that matches their evolving needs.”
Demo: Interested in learning more about Smart Advocate? Check out their story and discover how this top-rated case management system can be a catalyst for success.
Litify Logo
Litify is an integrated solution designed for mid-size and large law firms. It is built on the popular Salesforce platform used by many businesses for automation and analytics.
It features:
Robust security
Automated tasks
Customizable dashboard to track key performance indicators
Testimonial: “Working with Litify is like having the best developers in the world as my software guys,” said Johnson. “They understand the legal industry, know what works for the big firms, and bake the best practices right into the platform.
As the owner of a younger firm, I don’t have to reinvent the wheel.” Anthony Johnson Owner, Attorney at Law Johnson Firm
Visit www litify com to learn more about how you, your team, and your clients could all benefit from a partnership with Litify.
Mycase Logo
MyCase offers an all-in-one case management software solution to document management, time tracking, invoicing, payment collection, and calendaring.
Some of its key features are:
Simple user-friendly interface
Simple pricing structure includes all features instead of having to add options
Unlimited e-signatures included
MyCase offers a free 10-day trial, so you can test the software and see if it’s a good fit for your practice.
Clio Manage Logo
Clio Manage offers a variety of features, including billing, contact management, document management, calendaring, accounting, task management, online payments, and time tracking.
A few highlights of Clio include:
Secure client portal for document sharing
Matter timelines display who made changes and when updates were made
Separate module available for client intake/client relationship management
Clio is versatile and has customizable solutions for everything from solo to large firms.
Thomson Reuters >ogo
Legal Tracker has features such as eBilling, matter management, reporting, analytics, cloud integrations, data services, and legal operations.
It offers such features as:
Legal analytics to track budgets and compare performance of outside legal counsel
Robust reporting system
Excellent collaboration tools
This Thomson Reuters system is geared towards helping corporate in-house legal departments track and organize their legal teams.
Trialworks Logo
Trialworks is a cloud-based solution created by trial lawyers with options for mobile case intake, document management, calendaring, and trial management.
Some distinct features include:
Litigation-centered tools
Based on familiar Microsoft Office platform
Available as software to be used on local network or cloud-based
Offers database conversion (as a separate service)
Check out their website to learn more and schedule a free demo.
Law Ruler Logo
Law Ruler has customized solutions for litigation firms and is integrated with Office 365 for convenient workflow. Its detailed dashboard analytics help you keep track of case status, leads, and marketing performance.
Other features include:
Built-in settlement calculators
Automated text and email reminders
Integrated click-to-call dialer powered by artificial intelligence
Managing your cases effectively improves customer service, as well as your legal services. You have more time to devote to your clients and work on their cases when you do not need to worry about the day-to-day logistics of case management.
FAQs About Law Firm Case Management Software
If you are not familiar with case management software, these frequently asked questions may help you understand why your law firm needs to invest in high-quality case management software.
WHAT IS CASE MANAGEMENT SOFTWARE?
Managing legal cases requires a system for keeping up with detailed information about each case. Case management begins before your client hires your law firm. You need an effective way to perform conflict checks before your client signs a retainer agreement.
Throughout the case, there could be hundreds or thousands of documents to organize, deadlines to monitor, statements to process, and other details that must be analyzed and organized into categories that are easy to search.
You also have billing, client communications, contact information, appointment scheduling, court information, and case notes to organize and manage.
After closing the case, you need a system for storing and archiving the case that allows for continued conflict checks. You may also need to access information in one case to assist with a matter in a related case or similar case.
Today, digital files must be stored, organized, and cataloged. The days of managing legal cases by hand are over.
WHAT CAN CASE MANAGEMENT SOFTWARE DO FOR MY PRACTICE?
Gathering, analyzing, and organizing large amounts of information, data, and documents is a significant element of case management. Many lawyers, paralegals, and case managers have multiple cases they handle. As a result, the volume of data can be overwhelming.
Case management software provides an efficient way to collect and organize data.
Many software programs link to email, telephone, and other systems to create calls and message logs. The information is stored in the client’s file immediately.
Tracking contacts with clients, including calls and emails, through the software help to ensure that you do not miss anything.
Having all the information in one place makes it easy to:
create reports,
visualize evidence, and
collaborate with other staff members.
In addition, everyone within the law firm can access the case files and all information stored in the files from their desktop or tablet.
WHAT ARE OTHER BENEFITS OF CASE MANAGEMENT SOFTWARE?
In addition to managing the data, documents, and other information associated with a client’s case, there are other benefits of using case management software.
REDUCE THE RISK OF MISTAKES
Case management software can reduce the risk of human error. Mistakes happen when you are handling multiple cases and thousands of documents. Case management software completes many of the tasks automatically, which reduces the risk of errors and mistakes.
For example, errors in transferring data to forms could be costly and time-consuming.
When the data is contained in case management software, the software transfers the data ensuring there are no errors.
ENHANCE SECURITY
Lawyers have a fiduciary duty to protect confidential information. A data breach could result in the theft or exposure of sensitive information. Case management software can add another layer of security for data.
The software also automatically backs up entire files to ensure that nothing is lost in case of a data breach or natural disaster.
FACILITATE REMOTE WORK
Lawyers and staff members can access client files and data from work, home, and other locations. In addition, case management software that is cloud-based allows employees to access data even when telecommuting.
TRACK LEADS
In addition to managing your current cases, case management software can help you track leads. An efficient, easy-to-use system to track and follow up with leads increases retention rates for the law firm.
A lead can be entered into the system, forwarded to the correct person to respond, and scheduled for a follow-up. All information about the lead is in one location that is accessible to everyone.
IMPROVE EFFICIENCY
Case management software increases efficiency. Everyone working on a case can access and update information. Having data in a system that permits easy retrieval reduces the time it takes to locate information.
Get More Insight Into Case Management For Your Law Firm
At LawRank, we specialize in SEO for lawyers: getting law firms like yours to rank for competitive, high-volume keywords in competitive markets.
We know that your business operations have to be set up for success when you begin to see an influx of calls and clients.
That’s why we’re ready to help you discuss your case management needs and provide some insight into popular systems. We can even connect with you with leading case management software providers.
Get in touch with our law firm SEO specialists to learn more today.
Updated 2022
AUG 23, 2022
Law firms can sometimes be endlessly chaotic. Lawyers, paralegals, and staff members must organize, analyze, and manage every aspect of multiple cases. They must track and monitor:
Deadlines,
Statutes of limitations,
Filing requirements,
Client records,
Billing,
Expert witnesses,
Evidence,
and much more.
Even a smaller case can require a great deal of time organizing documents and tracking details.
Effective case management is crucial in every law office.
Regardless of the size of the case or the size of the law firm, failing to have an efficient case management system makes your job much more difficult, at the very least.
Even worse, failing to manage your cases could result in a costly error or a mistake with irreversible consequences.
Your law practice doesn’t have to be ruled by chaos. The best case management software available today allows you to incorporate all aspects of managing a case into one platform.
Table of Contents
What Should You Look for When Choosing Case Management Software?
There are many options for case management software. You need to choose software that meets your specific needs.
Each law firm is unique, and lawyers may have different preferences.
Fortunately, there are options that allow you to customize a case management program to fit your needs.
Things you may want to consider include:
The ease of transferring, storing, and retrieving information
The ability of the software to work with other programs to gather information and data
Make minor adjustments and modifications to the system without going through the provider
The provider offers ongoing, quality support
Ability to configure the system to adapt it to your needs and current systems
Ease of retrieving data and create reports, forms, and other documents
The ability to track time, expenses, and generate invoices and billing documents
Accept online and credit card payments
Prepare documents for trial and monitor litigation deadlines
Many software companies offer free demos or free trial periods. You might need to try several case management software systems before finding the best system for you.
What Are Some Popular Case Management Software Systems for Law Firms?
Some of the popular case management software systems available today include:
CASEpeer,
FileVine,
SmartAdvocate,
Litify,
MyCase,
Clio,
Thomson Reuter’s Legal Tracker,
Trialworks, and
LawRuler.
Here’s a brief overview of each of these top-rated attorney case management systems:
CASEPeer Logo
CASEPeer is designed specifically for personal injury law firms. This cloud-based system offers time-saving and organizational features such as:
Settlement tools to track demands, offers, liens, fees, and costs
Dedicated tracking of discovery requests and responses
Integrated calendar
Automated notifications for statute of limitations
From the company: “CASEpeer’s powerful built-in tools allow you to constantly evaluate your organization’s workflow, identify opportunities to further develop employees, more effectively communicate on client’s cases, and maximize productivity and results.” -Lucero Smith, COO, CASEPeer
Demo: Interested in seeing how CASEPeer can help to transform your law firm into a well-oiled machine? Contact CASEPeer today to get started with a free demo.
Filevine Logo
FileVine is highly customizable and allows you to keep notes, documents, client communication, and calendar in one place.
Additional features include:
Allows multiple users
Ability to text and email clients
Task and deadline management
Integrates with more than 2,000 programs
Good choice for document management
Demo: Want to see how FileVine can help you transform your law firm operations? Book a free demo that’s customized to your firm’s particular needs.
Smart Advocate Logo
SmartAdvocate is a fully integrated legal case management system. Initially designed for personal injury and mass tort litigation practices, it is now used by a large range of litigation firms.
Features include:
Specific tool for tracking insurance information
Automated workflows
Medical records tracker
Fee calculator lets you enter the settlement amount and break out your firm’s fee, any referral fees or other costs for each client
From the company: “We take pride with each annual release,” Igor Selizhuk, CTO at SmartAdvocate states, “because with each release, we fulfill our promise to our clients to continually provide them with a system that matches their evolving needs.”
Demo: Interested in learning more about Smart Advocate? Check out their story and discover how this top-rated case management system can be a catalyst for success.
Litify Logo
Litify is an integrated solution designed for mid-size and large law firms. It is built on the popular Salesforce platform used by many businesses for automation and analytics.
It features:
Robust security
Automated tasks
Customizable dashboard to track key performance indicators
Testimonial: “Working with Litify is like having the best developers in the world as my software guys,” said Johnson. “They understand the legal industry, know what works for the big firms, and bake the best practices right into the platform.
As the owner of a younger firm, I don’t have to reinvent the wheel.” Anthony Johnson Owner, Attorney at Law Johnson Firm
Visit www litify com to learn more about how you, your team, and your clients could all benefit from a partnership with Litify.
Mycase Logo
MyCase offers an all-in-one case management software solution to document management, time tracking, invoicing, payment collection, and calendaring.
Some of its key features are:
Simple user-friendly interface
Simple pricing structure includes all features instead of having to add options
Unlimited e-signatures included
MyCase offers a free 10-day trial, so you can test the software and see if it’s a good fit for your practice.
Clio Manage Logo
Clio Manage offers a variety of features, including billing, contact management, document management, calendaring, accounting, task management, online payments, and time tracking.
A few highlights of Clio include:
Secure client portal for document sharing
Matter timelines display who made changes and when updates were made
Separate module available for client intake/client relationship management
Clio is versatile and has customizable solutions for everything from solo to large firms.
Thomson Reuters >ogo
Legal Tracker has features such as eBilling, matter management, reporting, analytics, cloud integrations, data services, and legal operations.
It offers such features as:
Legal analytics to track budgets and compare performance of outside legal counsel
Robust reporting system
Excellent collaboration tools
This Thomson Reuters system is geared towards helping corporate in-house legal departments track and organize their legal teams.
Trialworks Logo
Trialworks is a cloud-based solution created by trial lawyers with options for mobile case intake, document management, calendaring, and trial management.
Some distinct features include:
Litigation-centered tools
Based on familiar Microsoft Office platform
Available as software to be used on local network or cloud-based
Offers database conversion (as a separate service)
Check out their website to learn more and schedule a free demo.
Law Ruler Logo
Law Ruler has customized solutions for litigation firms and is integrated with Office 365 for convenient workflow. Its detailed dashboard analytics help you keep track of case status, leads, and marketing performance.
Other features include:
Built-in settlement calculators
Automated text and email reminders
Integrated click-to-call dialer powered by artificial intelligence
Managing your cases effectively improves customer service, as well as your legal services. You have more time to devote to your clients and work on their cases when you do not need to worry about the day-to-day logistics of case management.
FAQs About Law Firm Case Management Software
If you are not familiar with case management software, these frequently asked questions may help you understand why your law firm needs to invest in high-quality case management software.
WHAT IS CASE MANAGEMENT SOFTWARE?
Managing legal cases requires a system for keeping up with detailed information about each case. Case management begins before your client hires your law firm. You need an effective way to perform conflict checks before your client signs a retainer agreement.
Throughout the case, there could be hundreds or thousands of documents to organize, deadlines to monitor, statements to process, and other details that must be analyzed and organized into categories that are easy to search.
You also have billing, client communications, contact information, appointment scheduling, court information, and case notes to organize and manage.
After closing the case, you need a system for storing and archiving the case that allows for continued conflict checks. You may also need to access information in one case to assist with a matter in a related case or similar case.
Today, digital files must be stored, organized, and cataloged. The days of managing legal cases by hand are over.
WHAT CAN CASE MANAGEMENT SOFTWARE DO FOR MY PRACTICE?
Gathering, analyzing, and organizing large amounts of information, data, and documents is a significant element of case management. Many lawyers, paralegals, and case managers have multiple cases they handle. As a result, the volume of data can be overwhelming.
Case management software provides an efficient way to collect and organize data.
Many software programs link to email, telephone, and other systems to create calls and message logs. The information is stored in the client’s file immediately.
Tracking contacts with clients, including calls and emails, through the software help to ensure that you do not miss anything.
Having all the information in one place makes it easy to:
create reports,
visualize evidence, and
collaborate with other staff members.
In addition, everyone within the law firm can access the case files and all information stored in the files from their desktop or tablet.
WHAT ARE OTHER BENEFITS OF CASE MANAGEMENT SOFTWARE?
In addition to managing the data, documents, and other information associated with a client’s case, there are other benefits of using case management software.
REDUCE THE RISK OF MISTAKES
Case management software can reduce the risk of human error. Mistakes happen when you are handling multiple cases and thousands of documents. Case management software completes many of the tasks automatically, which reduces the risk of errors and mistakes.
For example, errors in transferring data to forms could be costly and time-consuming.
When the data is contained in case management software, the software transfers the data ensuring there are no errors.
ENHANCE SECURITY
Lawyers have a fiduciary duty to protect confidential information. A data breach could result in the theft or exposure of sensitive information. Case management software can add another layer of security for data.
The software also automatically backs up entire files to ensure that nothing is lost in case of a data breach or natural disaster.
FACILITATE REMOTE WORK
Lawyers and staff members can access client files and data from work, home, and other locations. In addition, case management software that is cloud-based allows employees to access data even when telecommuting.
TRACK LEADS
In addition to managing your current cases, case management software can help you track leads. An efficient, easy-to-use system to track and follow up with leads increases retention rates for the law firm.
A lead can be entered into the system, forwarded to the correct person to respond, and scheduled for a follow-up. All information about the lead is in one location that is accessible to everyone.
IMPROVE EFFICIENCY
Case management software increases efficiency. Everyone working on a case can access and update information. Having data in a system that permits easy retrieval reduces the time it takes to locate information.
Get More Insight Into Case Management For Your Law Firm
At LawRank, we specialize in SEO for lawyers: getting law firms like yours to rank for competitive, high-volume keywords in competitive markets.
We know that your business operations have to be set up for success when you begin to see an influx of calls and clients.
That’s why we’re ready to help you discuss your case management needs and provide some insight into popular systems. We can even connect with you with leading case management software providers.
Get in touch with our law firm SEO specialists to learn more today.
Updated 2022
Richardsom, Dominican Republic
May 15, 2023
Metadoro Review – Broker Under Scrutiny For Investment Scam
INBROKERS REVIEWS, FOREX SCAMSTAG:FOREX SCAM, SCAM REVIEW0
We’ve got ourselves a case here. After emphasizing that offshore brokers are extremely risky time and time again, now’s the time to show you why.
Metadoro is a textbook example of this. Without further ado, we’ll start the Metadoro Review and hopefully deter you from investing.
On top of that, we seriously recommend you not to invest in the fake brokers Spartan Trade, Trades Universal, and Finotive Funding. Do not trade with these unlicensed brokers if you want to save your money!
Broker status: Offshore Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites: metadoro.com
Blacklisted as a Scam by: NSSMC
Owned by: RHC Investments
Headquarters Country: Mauritius
Foundation year: 2019
Supported Platforms: MT4 & MT5
Minimum Deposit: 20 USD
Cryptocurrencies: Yes – BTC, ETH, ADA…
Types of Assets: Forex, Crypto, Indices, Shares, Commodities, ETFs, Bonds
Maximum Leverage: 1:500
Free Demo Account: Available
Accepts US clients: Yes
report a scam.
Metadoro Is A Scam Broker?
Metadoro is an offshore broker based in Mauritius and allegedly run by the company RHC Investments. This entity is registered with the local regulator, the FSC. That implies that Metadoro is a licensed provider, albeit a questionable one.
Namely, the offshore domain that is Mauritius simply requires entities to possess a capital of 25,000-250,000 EUR, depending on the type of license. Metadoro is on the higher end.
However, lower-tier jurisdictions aren’t very reliable as brokers have only one condition to meet – they aren’t liable to compensate clients or segregate their funds. They can vanish whenever they like without repercussions.
Metadoro is an offshore broker off the coast of Mauritius and is a licensed provider. However, after a warning from the Ukrainian NSSMC and complaints from clients, it’s clear that this is an investment scam.
Arguments For Trading With a Tier 1 Licensed Broker
As mentioned, regulated offshore brokers have irrelevant licenses most of the time. Instead, you should choose Tier 1 licensed brokers, those approved by the likes of the FCA, ASIC, BaFin, etc.
That way, they have to have significantly higher operating capital (i. g. 730,000 GBP), provide clients with negative balance protection, a segregated bank account, a compensation scheme (i. g. 20,000 EUR) and leverage restriction (1:30).
Metadoro Was Blacklisted by the Ukrainian Financial Authority NSSMC
It seems Metadoro was busted for conducting its wrongdoings. The Ukrainian National Securities and Stock Market Commission flagged this broker as a fraud. That’s a huge red flag in our eyes and reason enough not to trust Metadoro. Check out the warning for yourself:
Metadoro Warning From NSSMC
Metadoro Software – How Safe Is The Platform?
Metadoro Trading Software
Metadoro offers both Meta Trader 4 & 5. Could this be the pinnacle of the trap? These two cutting-edge platforms are widely considered the industry’s best with critical acclaim to their names.
They provide clients with a range of advanced tools and features such as algorithmic trading, live market reports and various charts. All in all, the platforms are perfect so why did we mention a trap?
Because you could get carried away with trading and everything you’ve earned could suddenly disappear. Remember that nothing is stopping Metadoro from simply vanishing with your funds.
What Financial Instruments Does Metadoro Include?
We have to say, it’s a pretty hefty offer. There’s an abundance of trading assets and instruments. From the classics to the more exotic variants, it’s all there supposedly. Here’s a quick overview, but be careful with it:
Forex pairs – EUR/USD, GBP/JPY, CAD/CHF…
Indices – US30, AUS200, NIKKEI225…
Commodities – coffee & wheat;
Energies – crude oil, brent oil, CO2 emission rights…
Metals – silver & gold;
Stocks – Apple, Tesla, Amazon…
ETFs – SPY500, Vanguard VOO & Invesco QQQ;
Bonds – Euro-Bund 10Y & Euro-Schatz 2Y;
Crypto assets – BTC, ETH, BNB…
Where Does Metadoro Engage In Fraud? – Countries Of Service
It seems Metadoro has set its fraudulent gaze on a number of countries. This is what we discovered:
Italy;
Latvia;
Romania;
Spain;
Germany;
The Netherlands;
The UK.
On similarweb.com, we also found out that the activity on the website spiked in November 2022 with 95,000 visits, mostly coming from Mexico and South America.
It’s alarming that Metadoro is on a world tour defrauding traders. It’s great that the Ukrainian regulator reacted, but not enough apparently.
As well, stay away from the trading scams Vestapros, OpoFinance, and ImportCapital! Furthermore, before investing, always investigate the history of internet trading firms!
Metadoro’s Account Types?
All we found on Metadoro’s website was a Welcome Account. This resembles a demo account in a way. You get 100 $ and MT4 for seven days to try things out.
As for proceeding to open a live account, the shady broker claims you only need 20 $. There’s no doubt that this isn’t your typical offshore scam.
Metadoro will allow you to trade and keep investing. After you’ve made some profits, that’s probably when the scammer will show its true face.
Metadoro’s Negative Balance Protection
Metadoro isn’t regulated by Tier 1 authorities, thus it isn’t obliged to provide clients with negative balance protection in case they’re about to go red.
Putting it up there is certainly a clever lure. Traders could easily hit zero since the leverage cap is way too high – 1:500! That’s a double-edged sword that’s disastrous more often than not.
Metadoro also claims it doesn’t charge any commissions and fees, which seems too good to be true. Brokers make money from fees & commissions, so why should one renounce them? Unless… The plan is to embezzle some hard-earned money.
Metadoro’s Deposit and Withdrawal Policies
Metadoro didn’t mention the funding methods on its website. We had to dig elsewhere. It seems that the con artist accepts the traditional payment methods:
Credit/debit cards;
Wire transfers.
The minimum deposit is just 20 $ and, as mentioned. Despite advertising a fee-free business, Metadoro contradicted its claim by saying it can charge deposit fees at its sole discretion.
Metadoro’s Terms and Conditions
The whole legal section looks legit. However, there are minor discrepancies that do give rise to doubt such as the one about fees that we mentioned above.
For that reason, we believe that a more thorough audit could reveal more fraudulent details. Due to the aforementioned warning and several other complaints, we conclude that Metadoro is not trustworthy at all.
Metadoro Broker Scammed You? – Please Tell Us Your Story
That’s a wrap. Our review is done and we hope you’ve picked up pieces of the truth during your read. If you’re a victim of this terrible hoax, don’t despair.
We’re here to tell you about the chargeback methods that could bring you your money back. If you need assistance with it, be sure to give us a call. Also, you could help us bring this scammer down once and for all!
What Is the Chargeback Procedure?
Credit/debit card transactions can be reversed via chargeback.
A chargeback can be requested at the issuing bank within 540 days.
Wire transfers can be reversed using a recall, also performed by the bank.
A recall is possible if the transaction is incomplete, otherwise, it’s not.
If you were scammed by a broker, let us know.
What Is Metadoro?
Metadoro is an offshore broker based and regulated in Mauritius. It claims to be owned by RHC Investments.
Is Metadoro a Scam Broker?
Yes. There are numerous complaints and a warning from the Ukrainian regulator that support this claim.
Is Metadoro Available in the United States or the UK?
Yes. The offshore provider seemingly accepts traders from both the UK and the US.
Does Metadoro Offer a Demo Account?
Yes. It’s in the form of a “Welcome Account” offered on the website. You get 100 $ to trade for seven days.
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INBROKERS REVIEWS, FOREX SCAMSTAG:FOREX SCAM, SCAM REVIEW0
We’ve got ourselves a case here. After emphasizing that offshore brokers are extremely risky time and time again, now’s the time to show you why.
Metadoro is a textbook example of this. Without further ado, we’ll start the Metadoro Review and hopefully deter you from investing.
On top of that, we seriously recommend you not to invest in the fake brokers Spartan Trade, Trades Universal, and Finotive Funding. Do not trade with these unlicensed brokers if you want to save your money!
Broker status: Offshore Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites: metadoro.com
Blacklisted as a Scam by: NSSMC
Owned by: RHC Investments
Headquarters Country: Mauritius
Foundation year: 2019
Supported Platforms: MT4 & MT5
Minimum Deposit: 20 USD
Cryptocurrencies: Yes – BTC, ETH, ADA…
Types of Assets: Forex, Crypto, Indices, Shares, Commodities, ETFs, Bonds
Maximum Leverage: 1:500
Free Demo Account: Available
Accepts US clients: Yes
report a scam.
Metadoro Is A Scam Broker?
Metadoro is an offshore broker based in Mauritius and allegedly run by the company RHC Investments. This entity is registered with the local regulator, the FSC. That implies that Metadoro is a licensed provider, albeit a questionable one.
Namely, the offshore domain that is Mauritius simply requires entities to possess a capital of 25,000-250,000 EUR, depending on the type of license. Metadoro is on the higher end.
However, lower-tier jurisdictions aren’t very reliable as brokers have only one condition to meet – they aren’t liable to compensate clients or segregate their funds. They can vanish whenever they like without repercussions.
Metadoro is an offshore broker off the coast of Mauritius and is a licensed provider. However, after a warning from the Ukrainian NSSMC and complaints from clients, it’s clear that this is an investment scam.
Arguments For Trading With a Tier 1 Licensed Broker
As mentioned, regulated offshore brokers have irrelevant licenses most of the time. Instead, you should choose Tier 1 licensed brokers, those approved by the likes of the FCA, ASIC, BaFin, etc.
That way, they have to have significantly higher operating capital (i. g. 730,000 GBP), provide clients with negative balance protection, a segregated bank account, a compensation scheme (i. g. 20,000 EUR) and leverage restriction (1:30).
Metadoro Was Blacklisted by the Ukrainian Financial Authority NSSMC
It seems Metadoro was busted for conducting its wrongdoings. The Ukrainian National Securities and Stock Market Commission flagged this broker as a fraud. That’s a huge red flag in our eyes and reason enough not to trust Metadoro. Check out the warning for yourself:
Metadoro Warning From NSSMC
Metadoro Software – How Safe Is The Platform?
Metadoro Trading Software
Metadoro offers both Meta Trader 4 & 5. Could this be the pinnacle of the trap? These two cutting-edge platforms are widely considered the industry’s best with critical acclaim to their names.
They provide clients with a range of advanced tools and features such as algorithmic trading, live market reports and various charts. All in all, the platforms are perfect so why did we mention a trap?
Because you could get carried away with trading and everything you’ve earned could suddenly disappear. Remember that nothing is stopping Metadoro from simply vanishing with your funds.
What Financial Instruments Does Metadoro Include?
We have to say, it’s a pretty hefty offer. There’s an abundance of trading assets and instruments. From the classics to the more exotic variants, it’s all there supposedly. Here’s a quick overview, but be careful with it:
Forex pairs – EUR/USD, GBP/JPY, CAD/CHF…
Indices – US30, AUS200, NIKKEI225…
Commodities – coffee & wheat;
Energies – crude oil, brent oil, CO2 emission rights…
Metals – silver & gold;
Stocks – Apple, Tesla, Amazon…
ETFs – SPY500, Vanguard VOO & Invesco QQQ;
Bonds – Euro-Bund 10Y & Euro-Schatz 2Y;
Crypto assets – BTC, ETH, BNB…
Where Does Metadoro Engage In Fraud? – Countries Of Service
It seems Metadoro has set its fraudulent gaze on a number of countries. This is what we discovered:
Italy;
Latvia;
Romania;
Spain;
Germany;
The Netherlands;
The UK.
On similarweb.com, we also found out that the activity on the website spiked in November 2022 with 95,000 visits, mostly coming from Mexico and South America.
It’s alarming that Metadoro is on a world tour defrauding traders. It’s great that the Ukrainian regulator reacted, but not enough apparently.
As well, stay away from the trading scams Vestapros, OpoFinance, and ImportCapital! Furthermore, before investing, always investigate the history of internet trading firms!
Metadoro’s Account Types?
All we found on Metadoro’s website was a Welcome Account. This resembles a demo account in a way. You get 100 $ and MT4 for seven days to try things out.
As for proceeding to open a live account, the shady broker claims you only need 20 $. There’s no doubt that this isn’t your typical offshore scam.
Metadoro will allow you to trade and keep investing. After you’ve made some profits, that’s probably when the scammer will show its true face.
Metadoro’s Negative Balance Protection
Metadoro isn’t regulated by Tier 1 authorities, thus it isn’t obliged to provide clients with negative balance protection in case they’re about to go red.
Putting it up there is certainly a clever lure. Traders could easily hit zero since the leverage cap is way too high – 1:500! That’s a double-edged sword that’s disastrous more often than not.
Metadoro also claims it doesn’t charge any commissions and fees, which seems too good to be true. Brokers make money from fees & commissions, so why should one renounce them? Unless… The plan is to embezzle some hard-earned money.
Metadoro’s Deposit and Withdrawal Policies
Metadoro didn’t mention the funding methods on its website. We had to dig elsewhere. It seems that the con artist accepts the traditional payment methods:
Credit/debit cards;
Wire transfers.
The minimum deposit is just 20 $ and, as mentioned. Despite advertising a fee-free business, Metadoro contradicted its claim by saying it can charge deposit fees at its sole discretion.
Metadoro’s Terms and Conditions
The whole legal section looks legit. However, there are minor discrepancies that do give rise to doubt such as the one about fees that we mentioned above.
For that reason, we believe that a more thorough audit could reveal more fraudulent details. Due to the aforementioned warning and several other complaints, we conclude that Metadoro is not trustworthy at all.
Metadoro Broker Scammed You? – Please Tell Us Your Story
That’s a wrap. Our review is done and we hope you’ve picked up pieces of the truth during your read. If you’re a victim of this terrible hoax, don’t despair.
We’re here to tell you about the chargeback methods that could bring you your money back. If you need assistance with it, be sure to give us a call. Also, you could help us bring this scammer down once and for all!
What Is the Chargeback Procedure?
Credit/debit card transactions can be reversed via chargeback.
A chargeback can be requested at the issuing bank within 540 days.
Wire transfers can be reversed using a recall, also performed by the bank.
A recall is possible if the transaction is incomplete, otherwise, it’s not.
If you were scammed by a broker, let us know.
What Is Metadoro?
Metadoro is an offshore broker based and regulated in Mauritius. It claims to be owned by RHC Investments.
Is Metadoro a Scam Broker?
Yes. There are numerous complaints and a warning from the Ukrainian regulator that support this claim.
Is Metadoro Available in the United States or the UK?
Yes. The offshore provider seemingly accepts traders from both the UK and the US.
Does Metadoro Offer a Demo Account?
Yes. It’s in the form of a “Welcome Account” offered on the website. You get 100 $ to trade for seven days.
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