Mestieriplaza positions itself as a reliable CFD trading platform, operating “for many years” and popular in more than 30 countries. The brokerage company claims that its office is based in the UK. However, it does not disclose the place of incorporation, the regulatory body, and whether it has a license. We will analyze what tools the broker uses to protect clients’ funds and make a review of legal documents. After that, we will answer the question: Should you trust your capital to this company?
How to Trade
Mestieriplaza offers its clients its trading platform. The broker promises maximum convenience of the terminal, where a team of analysts will help you make effective trading decisions. In addition, you will get basic trading tools, asset selection, valuable trading signals, automation features, and other options.
Mestieriplaza provides the following services for users to earn money:
- 7 types of traditional accounts with a minimum deposit from 10,000 to 1,000,000 euros.
- Islamic accounts with high execution speed and modern trading infrastructure.
- Referral program for private participants and legal entities.
Each client’s money is kept in their account, which a specific financial institution manages, the name of which the broker does not disclose. You can deposit via bank transfer or credit/debit card.
Processing of payments and transactions may take more than three business days, the maximum withdrawal period is not specified by the service. Mestieriplaza provides educational resources for traders of different levels. A feedback form is placed on the website to provide online assistance to clients.
Mestieriplaza Vital Info
The company devotes just a few lines to its history on its official website. According to this information, up to 2000 transactions are made on the platform every day. In addition, Mestieriplaza “has become an industry leader over the many years of its operation”. However, the broker does not cite a single fact to prove the authenticity of these bold claims.
The site administration does not say anything about the managers and owners of the project, its history, and its start date. The “Regulation” and “Certification” sections do not contain a single link to official documents and no information about the regulator and licenses. Perhaps Mestieriplaza is a trustworthy broker, but how to explain the fact that its domain was only registered at the end of 2023? This is very strange for an organization claiming years of impeccable work.
I was scammed for 45,000 euros!!! When I asked the broker to withdraw 20,000 euros, I started trading in the red. I decided to stop when I had less than 12,000 left in my account, but the trades continued in automatic mode, meaning my command was ignored at Mestieriplaza! As a result, my deposit is equal to zero after two weeks :( This terminal is run by scammers!!!
The broker cheated me out of $35,000!!! My story started in a standard way, I didn't even have a reason to think about fraudulent activities. I started trading cryptocurrencies and got so carried away with my earnings that I didn't recognize the criminal intentions of the broker, but only deposited for trading. I decided to withdraw almost all the funds after a month and a half, but this task was beyond me, mestieriplaza.com simply doesn't withdraw money! The transaction passed, but I still don't see the money on my bank card, although 10 days have already passed since my request was processed. And I don't even know where I should write about it? Communication with technical support is not responding, and the regulator has no data about this company, of course, I will write complaints everywhere and involve a lawyer, but I do not think that I will have a positive result.
I came across mestieriplaza.com at a time when I was on the lookout for a reliable broker, with good registration, preferably established in the UK, as there are thorough checks on financial companies there and I hope that I won't fall prey to scammers. After I registered and started working here, I was able to evaluate the functionality. I liked the trading terminal developed by this company, at first it was unusual, but gradually I adapted to its work. The second plus is low and stable spreads and clear execution of orders. In general, I spent almost a month studying the resource, and I was ready to go to a higher level of account and wanted to withdraw 3 thousand dollars for the test, but there was a hitch with sending money, I've been waiting for them for more than a week! I think this is a bad signal from the service!
This is a company that steals money and does not even bear any responsibility for it because in fact, customers take all the risks themselves 😡 A convenient fraudulent scheme is in mestieriplaza, if you want to participate in it, then first think: who will you contact in case of fraud?!
I really regretted that I trusted this broker with my funds. It became clear to me after repeated attempts to withdraw $3,654, the remaining money after the drain - all my requests do not lead to any result. You should not trust mestieriplaza, it is a scam!
The broker's services are not the cheapest on the financial market in terms of spreads, but high trading costs are a problem of forex in general. My impression of the support staff is positive. If you wish to trade here, I think it is a good idea, you can make money on Mestieriplaza in the medium term.
I did not reallu enjoy working here. The main problem - the freezing terminal, not critical but sometimes interfered a lot. I have been trading with mestieriplaza for about two months, and my profit during this time was 244 dollars :( although I have 15,000 dollars on my balance. I did not get the promised profit, the manager at the preliminary consultation said that I can earn at least 10% of the deposit per month, this is the minimum for beginners, and professional traders get here supposedly up to 30% per month. That is, I had to earn from 1,500 dollars a month, and I have only 244 for two months. I'm not happy with my earnings, and I have not made a withdrawal yet.
Since this broker positions itself as a British company, I initially had no questions about reliability and guarantees. All applications are processed correctly at mestieriplaza, and withdrawals are always made quickly. Of course, I'd like the spread to be smaller, but this is not the main thing in trading. I was also pleased with the possibility to trade with large leverages, up to 1:100, I have long wanted to try to increase the volume of the position a hundred times. If you know how to trade, you can increase your capital quite well on this platform. However, it is not quite clear to me: why such a high amount of the minimum account?! You need to transfer 10,000 euros minimum to open a deposit! If not for this factor, I'd give the maximum rating to this service.