Is Metherworld Reliable?

About Metherworld

Mether World, established in 2020, is an online platform for FX and cryptocurrency trading. However, trade on this platform is done using its currency, Metherworld coin or m coin, which is comparable to Bitcoin. Mcoin is the currency used to trade on the MetherWorld platform. If you have a MetherWorld account, you may also trade mcoin.

Is Mether World legit or a scam？

Mether World is not regulated. As a broker operating in the cryptocurrency trading space, it is important to note that cryptocurrency trading platforms are often not subject to the same regulatory oversight as traditional financial institutions. This means that Mether World may not be bound by the strict regulations and compliance requirements that govern traditional brokers.

Market Instruments

Mether World advertises that it mainly offers forex and cryptocurrency trading.

Trading Platform

The Metherworld mobile app is accessible on iOS and Android smartphones and provides brokers with simple and convenient trading.

Deposit and Withdrawal

You can use the local ebank transfer to deposit your money. Additionally, Metherworld allows simple transactions via the bank and supports cryptocurrencies on the broker's website. You can use the same procedure to remove your account balance. A 5% withdrawal service fee and a $50 minimum withdrawal amount.

Customer Support

You can contact Mether World in the following ways: Telephone: +372 462 6285, Email: info@metherworld.com, or you can also follow this broker on Facebook and Instagram. Company address: Kiire tee 10, Suurupi, 76907 Harju, Estonia.

While the official website of Mether World is currently inaccessible, the availability of telephone and email support ensures that traders can still reach out to the broker for assistance.

Educational Resources

With Mether World's Mether Academy, the broker provides a wealth of educational resources designed to cater to traders of all skill levels. The Mether Academy is a learning platform that offers a diverse range of educational materials, including video tutorials, interactive courses, webinars, e-books, and trading guides. These resources cover various aspects of forex trading, from the basics of the foreign exchange market to advanced trading strategies.

Conclusion

Mether World is a cryptocurrency-focused broker that solely supports cryptocurrency trading. However, it is important to note that this broker has gained a negative reputation in the industry. This reputation could be attributed to various factors, such as poor customer service, withdrawal issues, or questionable business practices.

Considering the bad reputation associated with Mether World, traders should exercise caution when dealing with this broker.

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