MedMera Shore (clone) has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Loan Fee Fraud
MedMera Shore (clone)
Statsgården 10
116 45 Stockholm
Sweden This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.medmerashore.com.
After for nearly two years with MedMera Shore (clone) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Great customer service|Low minimum deposit
Cons: Account statements could be more detailed|Nothing significant
If you are reading this considering MedMera Shore (clone) - run. I wish I had read more negative reviews when my bank disappointed me and I searched for alternatives. I thought the positive ones were real. Maybe some are. My experience over for close to eighteen months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Wide product range|Demo account available|Professional team
Cons: Onboarding videos are outdated|Wish they had more educational resources
I want to warn everyone about MedMera Shore (clone). They have been flagged by Finansinspektionen as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
I am in a dispute with MedMera Shore (clone) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Copy trading available|Good mobile app
Cons: Account statements could be more detailed|Withdrawal takes 1-2 business days
I signed up with MedMera Shore (clone) from a review site like this one and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Fast execution|Demo account available|Good analytical tools|Segregated accounts
Cons: Onboarding videos are outdated
I closed a profitable position at MedMera Shore (clone) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Low minimum deposit|API access|Fast execution
Cons: Currency conversion fee exists|Could offer more webinars
The reporting at MedMera Shore (clone) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Good mobile app|Reliable uptime|Two-factor authentication|Good analytical tools
Cons: Currency conversion fee exists
I was about to invest with MedMera Shore (clone) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Finansinspektionen has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
The so-called education at MedMera Shore (clone) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since I opened my account last year thinking they would help me learn.
Pros: Low minimum deposit|Demo account available|Tax reports included
Cons: Cannot customize dashboard fully|Research section could be deeper