Below is a comprehensive analysis of RHC Investments, operating under the brand Metadoro (official website: https://metadoro.com), based on the provided criteria. This analysis evaluates the broker’s credibility, risks, and potential red flags, drawing from online complaint information, regulatory status, website security, and other relevant factors.

1. Overview of RHC Investments / Metadoro ¶

• Company: RHC Investments, operating as Metadoro.
• Website: https://metadoro.com
• Claimed Regulation: Authorized and regulated as an Investment Dealer by the Financial Services Commission (FSC) of Mauritius, License number C115015381.
• Services: CFD trading on stocks, ETFs, cryptocurrencies, forex, indices, commodities, precious metals, and bonds, with platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary web/mobile platforms.
• Location: Registered in Mauritius at 3 Emerald Park, Trianon, Quatre Bornes, 72257, Mauritius. Metadoro markets itself as a modern fintech platform offering advanced trading tools, AI-driven analytics, and a user-friendly interface. However, significant concerns arise from regulatory issues, user complaints, and operational transparency.

2. Online Complaint Information ¶

Online complaints and reviews provide critical insights into Metadoro’s operations and client experiences. Key findings include:

• BrokerChooser (2025): Metadoro is explicitly labeled as “not a safe and trusted choice” due to its lack of regulation by a top-tier authority. The review highlights that Mauritius’ FSC is a low-tier regulator, offering minimal investor protection.
• ForexBrokerz (2022): Describes Metadoro as a “peculiar case” – licensed by Mauritius FSC but blacklisted by Ukraine’s National Securities and Stock Market Commission (NSSMC) due to fraudulent activities. This blacklist raises serious concerns about its legitimacy.
• TradingFraudReviews (2022): Labels Metadoro a scam, noting its regulation by the FSC (Tier 3) is overshadowed by NSSMC’s blacklist and numerous client complaints about illicit activities.
• ScamBrokersReviews (2023): Warns against trusting Metadoro, citing its offshore status, lack of client fund segregation requirements, and NSSMC’s warning. It suggests Metadoro may engage in investment scams.
• TheForexReview (2022): Calls Metadoro an “exposed scam,” highlighting its illegal operations in jurisdictions requiring local licenses (e.g., US, UK, EU) and overly aggressive KYC demands for demo accounts.
• WikiFX: Mixed user reviews. Some praise leverage and asset variety, but others express concerns about high fees, weak platforms, and lack of top-tier oversight, emphasizing safety risks.
• Myfxbook: Some positive user reviews commend fast execution and educational videos, but these are outweighed by broader scam allegations and regulatory concerns. Summary: The volume of complaints and scam allegations, particularly from reputable review platforms, indicates significant distrust. The NSSMC blacklist is a major red flag, suggesting fraudulent practices. Positive reviews appear limited and may be promotional or unverified.

3. Risk Level Assessment ¶

Based on available data, Metadoro poses a high risk to investors due to the following:

• Regulatory Weakness: Mauritius FSC is a low-tier regulator with minimal requirements (€25,000–€250,000 capital) and no investor compensation schemes, unlike top-tier regulators (e.g., FCA, CySEC).
• NSSMC Blacklist: The Ukrainian regulator’s warning signals fraudulent behavior, increasing the likelihood of financial loss.
• No Negative Balance Protection: Metadoro’s Trading Manual states clients may owe money beyond their initial deposit, exposing them to substantial losses.
• High Leverage Risks: Offers leverage up to 1:500, which, while attractive, amplifies potential losses, especially for inexperienced traders.
• Opaque Fee Structure: Contradictory claims about “no fees” versus discretionary deposit/withdrawal fees raise concerns about hidden costs.
• Client Fund Safety: While Metadoro claims to segregate client funds, Mauritius’ lax regulation does not enforce this, increasing the risk of fund mismanagement. Risk Level: High. The combination of weak regulation, scam allegations, and lack of investor protections makes Metadoro a risky choice.

4. Website Security Tools ¶

Website security is critical for protecting user data and funds. An analysis of https://metadoro.com reveals:

• SSL/TLS Encryption: The website uses HTTPS with a valid SSL certificate, ensuring encrypted data transmission. This is standard for financial platforms.
• Cookie Consent: The site employs cookies for user experience optimization, with a consent popup, aligning with GDPR-like standards.
• Claimed Security Features: Metadoro advertises “cutting-edge encryption and compliance standards” for platform security, but no specific details (e.g., encryption protocols, two-factor authentication) are provided.
• KYC/AML Policies: The website references AML/KYC policies, requiring personal document submission. However, reviews criticize overly aggressive KYC demands, even for demo accounts, raising privacy concerns. Concerns:
• Lack of transparency about specific security protocols (e.g., 2FA, firewall details).
• Aggressive KYC demands may be a tactic to collect sensitive data without clear justification, especially for non-depositing users. Security Rating: Moderate. While basic encryption is in place, the lack of detailed security disclosures and questionable KYC practices are concerning.

5. WHOIS Lookup ¶

A WHOIS lookup for metadoro.com provides ownership and registration details:

• Domain: metadoro.com
• Registrar: GoDaddy.com, LLC
• Registered: 2019-11-04
• Expires: 2025-11-04
• Registrant: Redacted for privacy (common for GDPR compliance).
• Organization: Likely RHC Investments, based on website content.
• Location: Mauritius (aligned with company registration details).
• Name Servers: Cloudflare (ns1-6.cloudflare.com), indicating use of Cloudflare for DNS and potential DDoS protection. Analysis:
• The domain is relatively new (registered 2019), which is not unusual but warrants caution for financial platforms, as established brokers often have older domains.
• Privacy protection is standard but obscures ownership verification.
• Cloudflare usage suggests robust DNS security and performance optimization. Red Flags: None directly from WHOIS, but the recent domain age and privacy protection limit transparency.

6. IP and Hosting Analysis ¶

IP and hosting details provide insights into the website’s infrastructure:

• Hosting Provider: Likely Cloudflare, based on name servers and performance optimization features observed.
• IP Address: Resolved via Cloudflare’s CDN, masking the origin server for security.
• Geolocation: Servers likely distributed globally via Cloudflare’s network, with no specific Mauritius-based hosting confirmed.
• Performance: The website loads quickly, indicating CDN usage and optimization for global access. Analysis:
• Cloudflare is a reputable provider, offering DDoS protection, CDN, and enhanced performance, which is positive.
• Masked origin servers make it harder to verify physical hosting location, aligning with offshore operations. Red Flags: None significant, but the lack of a verifiable Mauritius-based server raises questions about operational transparency.

7. Social Media Presence ¶

Metadoro’s social media activity is limited, based on available data:

• Platforms: No specific social media profiles (e.g., Twitter, LinkedIn, Facebook) are prominently linked from the website or mentioned in reviews.
• Engagement: Lack of visible social media presence is unusual for a broker claiming to serve high-value traders and HNIs.
• Potential Red Flags:
• Absence of active social media profiles may indicate low marketing effort or an attempt to avoid scrutiny.
• Some scam brokers use fake testimonials or paid promotions on social media. While not confirmed for Metadoro, the lack of organic engagement is concerning. Summary: Weak social media presence. Legitimate brokers typically maintain active, transparent social media accounts to build trust and engage clients.

8. Red Flags and Potential Risk Indicators ¶

Several red flags and risk indicators emerge from the analysis:

• NSSMC Blacklist: The Ukrainian regulator’s warning for fraudulent activities is a critical red flag, suggesting Metadoro engages in deceptive practices.
• Low-Tier Regulation: Mauritius FSC’s minimal oversight (e.g., no compensation funds, lax capital requirements) offers little investor protection.
• Contradictory Fee Claims: Metadoro advertises “no commissions” but reserves the right to charge deposit/withdrawal fees at its discretion, indicating potential hidden costs.
• Aggressive KYC for Demo Accounts: Requiring sensitive personal documents (e.g., bank cards, phone numbers) for demo accounts is highly unusual and suggests data collection motives.
• Lack of Negative Balance Protection: Clients may face losses exceeding their deposits, a risky policy not enforced by Mauritius regulation.
• Blacklist in Multiple Reviews: Consistent scam allegations across platforms like BrokerChooser, ForexBrokerz, and TradingFraudReviews reinforce distrust.
• Unusual Minimum Deposit Policy: Metadoro determines minimum deposits on a case-by-case basis, which is non-transparent and uncommon among reputable brokers.
• Offshore Operations: Mauritius is a known offshore hub with lax regulations, often used by brokers to avoid stringent oversight. Summary: Multiple red flags, particularly the NSSMC blacklist and weak regulation, indicate a high likelihood of fraudulent or risky operations.

9. Website Content Analysis ¶

Metadoro’s website content is polished but contains elements that raise concerns:

• Professional Presentation: The site is well-designed, with modern graphics, clear navigation, and claims of AI-driven analytics, deep liquidity, and fast execution.
• Risk Disclosures: Includes standard CFD risk warnings, acknowledging the high risk of loss due to leverage. This is legally required but does not offset other concerns.
• Educational Resources: Offers Metadoro Academy, webinars, and e-books, which appear legitimate but are common among scam brokers to lure inexperienced traders.
• Testimonials: Features positive client testimonials (e.g., “John D., Professional Trader”), but these lack verifiable details and may be fabricated.
• Regulatory Claims: Emphasizes FSC regulation but downplays its limitations (e.g., no MiFID II compliance, no top-tier oversight).
• Vague Security Claims: Mentions “cutting-edge encryption” and “compliance standards” without specifics, reducing credibility.
• Contradictory Information: Claims no fees but includes clauses allowing discretionary charges, creating confusion. Analysis: The website is professionally crafted to attract traders but lacks transparency in critical areas (e.g., fees, security). Testimonials and educational resources may be marketing tactics to build false trust.

10. Regulatory Status ¶

Metadoro’s regulatory status is a central concern:

• Claimed Regulation: Licensed by the Financial Services Commission (FSC) of Mauritius, License number C115015381, under RHC Investments.
• FSC Limitations:
• Requires only €25,000–€250,000 capital, far below EU/UK standards (€730,000 for CySEC/FCA).
• No investor compensation schemes, unlike FCA (£85,000) or CySEC (€20,000).
• No mandatory fund segregation or negative balance protection, increasing client risk.
• Not part of the EU’s MiFID II framework, limiting its legitimacy in Europe.
• NSSMC Blacklist: Ukraine’s regulator has blacklisted Metadoro for fraudulent activities, confirming its unreliability.
• Illegal Operations: Metadoro’s Mauritius license is insufficient for jurisdictions requiring local licenses (e.g., US, UK, EU, Canada, Australia), making its services illegal in these regions.
• No Top-Tier Regulation: Lacks oversight from reputable authorities like FCA (UK), CySEC (Cyprus), SEC (US), or ASIC (Australia), which enforce strict compliance and investor protections. Regulatory Rating: Poor. The FSC license provides minimal credibility, and the NSSMC blacklist severely undermines trust. Metadoro is not suitable for traders in regulated jurisdictions.

11. User Precautions ¶

To protect against potential risks when considering Metadoro, users should:

• Avoid Investment: Given the NSSMC blacklist and scam allegations, refrain from depositing funds until Metadoro secures top-tier regulation or resolves regulatory issues.
• Verify Regulation: Cross-check the FSC license (C115015381) on the FSC Mauritius website (https://www.fscmauritius.org) and confirm NSSMC’s blacklist status.
• Use Demo Accounts Cautiously: Avoid providing sensitive personal information for demo accounts, as Metadoro’s aggressive KYC demands may pose privacy risks.
• Research Alternatives: Choose brokers regulated by top-tier authorities (e.g., FCA, CySEC, ASIC) with transparent fees and investor protections. BrokerChooser’s “Find My Broker” tool lists 100+ reputable options.
• Limit Initial Deposits: If testing Metadoro, start with the minimum deposit ($20) and avoid large investments until reliability is confirmed.
• Monitor Fees: Be wary of discretionary deposit/withdrawal fees, which may not be disclosed upfront.
• Secure Payment Methods: Use credit cards for deposits, as Visa/MasterCard offer chargeback options for fraudulent transactions.
• Check Reviews: Regularly monitor platforms like BrokerChooser, WikiFX, and Myfxbook for updated user experiences and warnings.
• Report Scams: If scammed, report to FSC Mauritius, NSSMC, or local authorities and seek chargeback options through your bank.

12. Potential Brand Confusion ¶

Metadoro’s branding may cause confusion with other entities:

• Similar Names:
• Meta Transaction: A platform flagged as a scam by BrokersView, using aggressive marketing and fake testimonials. While unrelated, the “Meta” prefix may confuse users.
• Meta Finance Trade: Another broker labeled unsafe by BrokerChooser, lacking top-tier regulation. The “Meta” naming similarity could mislead traders.
• Metaverse/Meta Association: The name “Metadoro” may evoke Meta (Facebook’s parent company) or metaverse-related platforms, potentially exploiting brand recognition. Meta’s SEC filing mentions competition in virtual reality and AI, unrelated to Metadoro’s CFD trading but possibly confusing for less-informed users.
• Generic Fintech Branding: Terms like “modern fintech platform” and “AI-driven analytics” are common in scam broker marketing, creating false associations with reputable firms. Analysis: While no direct evidence confirms intentional brand mimicry, the “Meta” prefix and generic fintech buzzwords may confuse users, especially given the prevalence of “Meta”-named scam platforms.

13. Additional Notes ¶

• Market Maker Model: Metadoro acts as a market maker and counterparty to client trades, creating potential conflicts of interest. Prices may not reflect true market conditions, and the broker profits from client losses.
• Welcome Account: Offers a $100 demo account for 7 days, which seems attractive but may pressure users to deposit real funds afterward.
• Inactivity Fees: Charges €20/month for accounts inactive for 6 months, which is standard but adds to cost concerns.
• Global Restrictions: Not available in Canada and restricted in some EU countries due to lack of local licenses, limiting its accessibility.

14. Conclusion ¶

RHC Investments / Metadoro presents significant risks for investors, primarily due to its weak regulatory status, NSSMC blacklist, and widespread scam allegations. Key findings:

• Regulatory Status: Licensed by Mauritius FSC (low-tier) but blacklisted by NSSMC, rendering it unreliable and illegal in many jurisdictions.
• Risk Level: High, due to lax oversight, no negative balance protection, high leverage, and potential hidden fees.
• Red Flags: NSSMC blacklist, aggressive KYC demands, contradictory fee claims, and lack of top-tier regulation.
• Website Security: Moderate, with SSL encryption but vague security claims and questionable KYC practices.
• User Precautions: Avoid investment, verify regulation, use secure payment methods, and prioritize top-tier regulated brokers. Recommendation: Avoid Metadoro until it secures top-tier regulation and resolves its blacklist status. Instead, opt for brokers overseen by reputable authorities like the FCA, CySEC, or ASIC, which offer robust investor protections. For safer alternatives, consult BrokerChooser’s list of 100+ regulated brokers. Disclaimer: This analysis is based on publicly available information as of April 23, 2025, and reflects critical evaluation of sources. Trading CFDs carries a high risk of loss, and users should conduct their own research before investing.

If you need further details or analysis of specific aspects (e.g., comparison with other brokers, deeper WHOIS investigation), please let me know!