Mazi Finance Scam Exposure: A Warning to Indian Traders
Latest India Mazi Finance scam: Failed XAUUSD execution despite margin, costing $675—fake “insufficient balance” excuse. Protect funds, read the full report now!
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Abstract:MetaQuotes, the inventor of MetaTrader 4 and MetaTrader 5, planned to increase licensing fees from January 1, 2025. The software developer did not mention the price hike. However, MetaQuotes does not disclose its licensing fees, which fluctuate depending on the package.

MetaQuotes, the inventor of MetaTrader 4 and MetaTrader 5, planned to increase licensing fees from January 1, 2025. The software developer did not mention the price hike. However, MetaQuotes does not disclose its licensing fees, which fluctuate depending on the package.
“We would like to notify of an upcoming amendment to the monthly license fees of the MetaTrader 4 products.”
This notification only mentioned MetaTrader 4, but brokers who use MetaTrader 5 received similar letters mentioning MetaTrader 5.
MetaQuotes dominates over-the-counter trading with its popular MT4 and MT5 systems. However, it is now promoting the use of MT5, the newest version. If you browse MetaQuote's official website, you will notice It features multiple news articles supporting MT5.
About MetaQuotes

According to the MetaQuotes, It is a leading developer of financial trading software. Established in 2000, MetaQuotes is considered one of the leading developers of software applications for brokerages, banks, and exchanges. The company's representative offices are located in many countries around the world. The release of the new MetaTrader 4 platform in 2005 was a milestone for the company. MetaQuotes made a real breakthrough by releasing the MetaTrader 5 multi-asset trading software system in 2010.
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Latest India Mazi Finance scam: Failed XAUUSD execution despite margin, costing $675—fake “insufficient balance” excuse. Protect funds, read the full report now!

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