The MQL5 freelance market has become extremely vulnerable to widespread scam activity, with fraudulent actors operating freely and frequently on the platform. The absence of effective controls has created an environment where scammers - typically presenting themselves as "project managers" - proliferate unchecked, severely damaging professional standards.
These individuals, despite lacking genuine development capabilities, aggressively market themselves as experts while proposing laughably low rates (30 - 50 dollars) for sophisticated technical work. Their deceptive scheme follows a predictable but destructive cycle:
-
They bait clients with impossibly low quotes and unrealistic promises;
-
Once engaged, they insist on off-platform payments to evade oversight or they tell the costumer excuses like "my country does not allow me to use this method of payment";
-
They subcontract the work to completely unvetted, incompetent third parties;
-
The end result is predictably disastrous - either unusable code, partial delivery, or outright theft.
The consequences are severe and multifaceted:
• Legitimate costumers suffer financial losses and eroded trust
• The platform's credibility deteriorates from substandard outcomes
• Professional developers face unfair competition from fraudulent pricing
• The entire ecosystem becomes increasingly hostile to quality work
This rampant scam activity, enabled by the platform's inadequate safeguards, is creating a race to the bottom. Without immediate intervention to verify identities, validate skills, and enforce fair practices, the MQL5 freelance marketplace risks becoming completely overrun by bad actors, driving away both skilled professionals and legitimate clients permanently.
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The MQL5 freelance market has become extremely vulnerable to widespread scam activity, with fraudulent actors operating freely and frequently on the platform. The absence of effective controls has created an environment where scammers - typically presenting themselves as "project managers" - proliferate unchecked, severely damaging professional standards.
These individuals, despite lacking genuine development capabilities, aggressively market themselves as experts while proposing laughably low rates (30 - 50 dollars) for sophisticated technical work. Their deceptive scheme follows a predictable but destructive cycle:
They bait clients with impossibly low quotes and unrealistic promises;
Once engaged, they insist on off-platform payments to evade oversight or they tell the costumer excuses like "my country does not allow me to use this method of payment";
They subcontract the work to completely unvetted, incompetent third parties;
The end result is predictably disastrous - either unusable code, partial delivery, or outright theft.
The consequences are severe and multifaceted:
• Legitimate costumers suffer financial losses and eroded trust
• The platform's credibility deteriorates from substandard outcomes
• Professional developers face unfair competition from fraudulent pricing
• The entire ecosystem becomes increasingly hostile to quality work
This rampant scam activity, enabled by the platform's inadequate safeguards, is creating a race to the bottom. Without immediate intervention to verify identities, validate skills, and enforce fair practices, the MQL5 freelance marketplace risks becoming completely overrun by bad actors, driving away both skilled professionals and legitimate clients permanently.