Medco Finance Limited Review: An Exciting Trading Experience or a SCAM?

Medco Finance Limited - logo

Medco Finance Limited promises clients an exciting trading experience. As always, the broker claims that it compares favorably with its competitors. However, we can’t believe it just like that. Therefore, we will conduct a thorough study of its proposals and the legality of its activities. And we will also read the reviews of traders to make sure that this is not a scam.

Medco Finance Limited General Information

Phone Number +442080895770
Address Sweetwood Drive Street, Boulder, Colorado 80302
Minimum Deposit €100
Assets CFDs
Trading Platform WebTrader

Registration and Client Portal Review

Medco Finance Limited begins acquaintance with users with very loud statements. All content on the official website consists of enumerations of the broker’s advantages. However, we did not find anything special in its proposals. For example, the broker assures that one of its advantages is the presence of support that speaks 20 languages. However, for some reason, the content on the site is translated only into English and Polish.

On the eve of the Christmas holidays, the broker posted a beautiful and atmospheric animation on the platform. That’s just it’s time to meet spring. We wonder how often there are updates on this site. There are also annoying mistakes here. So, for some reason, the AML policy is called “Ani-Money Loundery”.

Medco Finance Limited - website

Creating an account on the Medco Finance Limited platform is an absolutely standard procedure. The client will need to fill out a small form and specify:

  • First and last name
  • Email
  • Phone number
  • Country of residence
  • Account type.

Unfortunately, Medco Finance Limited does not care about the safety of users. The account is protected only by a password. The creators of the platform apparently haven’t heard of two-factor authentication.


In the Client Portal, you can fund your account, pass verification, or create a withdrawal request. Also, there is the possibility to track financial transactions and go to a trading terminal.

Medco Finance Limited Trading Conditions

Medco Finance Limited offers standard CFD trading. The broker has several types of accounts to choose from, with slightly different conditions.

Account Types

Medcj Finance Limited claims that it gives its clients competitive advantages, including low spreads, good liquidity, and fast order execution. Account types differ in the amount of the minimum deposit and the package of services.

Account Type Deposit, EUR Number of instruments Insured transactions Special services
Beginner 100 25+ 3 Personal Assistant
Silver 2,500 50+ 4 Micro-lot trading
Investor 20,000 200+ 5 Lending
Premium 100,000 250+ 10 Bonus 50%
Gold 200,000 300+ 15 Access to the reserve fund, bonus 70%

Depending on the market, Medco Finance Limited has a fixed or floating spread type. Each client can communicate with a personal manager, has several insured transactions, and has access to analytics. VIP account holders can receive compensation from the company’s reserve fund.

Obviously, the trading conditions of Medco Finance Limited are not very favorable. The minimum deposit does not seem to be very high, but at the same time, it will simply not be possible to trade normally in a Beginner account. A total of 9 currency pairs is not the number that the trader expects to see. Most normal licensed brokers have a single account where all trading assets are available at once, and the deposit requirements are even less.

Trading Platform

To trade, the broker offers its own terminal. Medco Finance Limited claims that the platform is suitable for both beginners and market professionals. Meanwhile, it’s a typical Web Trader without any special features. The broker doesn’t provide an app for smartphones or PCs.

WebTrader from Medco Finance Limited

Medco Finance Limited — Deposit and Withdrawal of Funds

You can fund your account in one of the following ways:

  • Credit/debit card
  • Wire transfer
  • Qiwi wallet
  • Cryptocurrency.

Medco Finance Limited warns that it does not accept funds from third parties. The sender’s name must match the name specified as the account holder. As for withdrawal, you can use the same payment methods.


You can upload documents for verification directly in your Client Portal. The broker does not require anything non-standard. You will definitely need to confirm your identity and place of residence. It may be necessary to upload a photo of the credit card and bank statement, or some other documents at the discretion of Medco Finance Limited.

Additional Options

The company offers two options: become a broker representative or build an affiliate network. However, this is all that can be learned from the section describing the affiliate program. Neither the detailed conditions nor the number of rewards for inviting referrals are disclosed.

Is Medco Finance Limited a Scam?

Lack of information, unfavorable trading conditions, and too little data about the management company are just a few problems of this broker. It is curious that Medco Finance Limited does not report almost anything important about itself. However, we will find the truth.

Medco Finance Limited positions itself as an English broker. However, all British brokers must have a financial services license from the FCA. There is no such company in the register of this regulator. By the way, based on the fact that the second language on the site is Polish, just in case we checked how things are with Polish documents. And even here we had a setback. The Polish Financial Supervision Commission also did not issue any licenses to Medco Finance Limited.

License check

Medco Finance Limited has not received a license. Moreover, it is not registered in the UK either. Rather, the «broker» we are currently considering. In fact, it just pretends to be this company. The Medco Finance Limited firm has a net worth of only 170 thousand pounds. It provides financial intermediation services that do not require a license. And the legal address in the profile is completely different. Domain Info

There are quite a few reviews about Medco Finance Limited on the Internet. This suggests that the company, in principle, does not work for long. However, in the register, the date of its incorporation is 2010. Usually, during this period of work, brokers manage to make a name. However, it is possible if they are real. Domain check showed that the Medco Finance Limited website was created in September 2022. It turns out that the broker worked not so long ago.

Domain info

Contacts Review

The broker offers to contact support by phone or via email. It’s very funny. We checked the phone number and found out that the same number is indicated in the contacts by another broker. Its name is GCB London. And here’s a surprise, this is another scam. It’s even blacklisted by the FCA.


More Details

Impersonating another legal entity is one of the most popular schemes. It has become especially popular recently. At the same time, English and Australian companies suffer the most. It’s just that the registries of these states are open and it’s quite easy to find a suitable legal entity there.

However, Medco Finance Limited is more than a one-time project. It is a whole series of similar scams. Among them are Medifinance, MWC Trading, Mondial Investments, GCB London, and dozens more similar scams. They even look almost the same. Not to mention the legend. And apparently, their creators are not going to stop.

Pros and Cons

  • Several account types.
  • Affiliate program.
  • A short period of work.
  • Fake legend.
  • No registration.
  • No license.
  • Unfavorable trading conditions.
  • Negative reviews.



Medco Finance Limited Summary

Medco Finance Limited - favi

Medco Finance Limited does not deserve the title of broker. This is a typical dealing desk that exists outside the legal field. You should not even try to earn something in this project. You will simply lose money, like other victims of this scam.

Website information content 3
Client Portal 4
Trading conditions 3
Trading platform 5
Deposit and withdrawal 4
Verification 4
Extra options 4
Licenses and guarantees 1
Work duration 1
Feedback 2

Frequently Asked Questions (FAQ)

What Does Medco Finance Limited Offer?

On this platform, you can trade CFDs. The broker also offers you to earn extra money in the partner program.

How Much Money Should I Invest With Medco Finance Limited?

According to the terms of the Medco Finance Limited agreement, the minimum deposit is not big, only 100 euros.

Is Medco Finance Limited Safe?

It is better not to contact Medco Finance Limited, so as not to regret it in the future. The scammers have fake documents. It will be quite difficult to find and demand your money back.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Tony

    A casino, not a broker

    There are problems with brokers now. Apparently, all honest companies have disappeared. And I had no desire to go to large platforms because they wanted too much for the deposit. The conditions here did not please me either, because the privilege is always given to the one who deposited a large amount. I didn’t have a lot of money. I thought I’d start with a minimum. It’s good that I didn’t deposit more, even though I had such thoughts. It is difficult to trade because the delays in closing orders are huge. Medco Finance Limited writes that there are a lot of tools for trading, but in fact, there are not so many available. As a result, I just pampered myself with the money I had. It feels like I went to the casino.

  2. Shane

    There are no guarantees

    Any broker should have a regulator. No matter where this firm works, it must have a license allowing it to operate. And the more such licenses, the better. The more reliable this brokerage company will be. The presence of regulation is always verified in financial documents. It is a guarantee that the company really exists. Medco Finance Limited does not have any licenses, and you should understand this. So there is a big question. Is it safe to trade in this company? Does it even exist?

  3. Vincent

    I can't get my money back

    I lost my money… I don’t even know what to do now. Maybe someone knows what can be done? I invested in Medco Finance Limited. The amount was small, 1000 euros. I started trading. Things were going so-so. So I decided to withdraw the money. And what’s next? Nothing. The company does not approve of my withdrawal of funds. And I just don’t know what to do with it. How to withdraw funds? Chargeback? I don’t think so. I made a transfer through cryptocurrency. A hopeless situation.

  4. Halina

    Dzialalnosc Medco Finance Limited

    Wprawdzie to zaledwie pol roku jak umiescilam swoje 10 letnie oszczednosci w Medco Finance Limited .Od pewnego czasu staram sie o wyplate czesci pieniedzy i musze powiedziec ze nic z tego.Broker ktory sie tym zajmuje bardzo czesto nie odpowiada lub mowi ze przedzwoni .Jak do tej pory jestem zawiedziona z dzialalnosci Medco Finance Lumited