Introduction
Trading can be tricky! There are lots of brokers saying they’re the best, but many aren’t. New traders often get tricked by these claims and lose money. Mether World is a new broker, used to be called Mcoin. But is it safe? How can you tell if it’s a scam? Don’t trust everything on the broker’s site. We have a review of Mether World. Keep reading to see if it’s safe to use or not.
Overview
| FOUNDED IN | 2020 |
| HEADQUARTERS | Estonia |
| REGULATORS | Not Regulated |
| MINIMUM DEPOSIT | $30 for Bronze plan, $90 for Silver plan, $900 for Gold and Platinum plan for $10,800 |
| PLATFORMS OFFERED | N/A |
| TRADING INSTRUMENTS | Forex and Cryptocurrency |
| ACCOUNT CURRENCY | USD |
| MAXIMUM LEVERAGE | N/A |
| CUSTOMER SUPPORT | 24/5 |
| DEPOSIT OPTIONS | N/A |
| COMMISSION | Zero |
| SPREADS | N/A |
| MOBILE TRADING | Yes |
| AFFILIATE PROGRAMME | Yes |
| CONTESTS AND BONUSES | Yes |
What is Mether World?
Mether World is a brokerage firm founded in 2020 in Estonia. It focuses on trading cryptocurrencies like Bitcoin and Ethereum. They use advanced blockchain technology and a MLM model. The platform allows trading cryptocurrencies against regular money or other digital assets. However, it’s not regulated like traditional brokers.
What is Mcoin?
Metherworld’s MCoin is a special digital token used on a platform for digital ads and services. It helps advertisers, publishers, and users by offering decentralised services related to ads, publishing, and tasks on the blockchain.
It is like a digital coin that works on the Ethereum blockchain, letting you connect with others and share stuff. MCoin claims to be super fast in processing transactions, meaning when you do something like buying or selling, it happens quickly compared to other systems.
What is Mether Academy?
Mether World helps people learn about digital stuff through its Web 3.0 Era plan. Trade245 has lots of topics for trading education. Mether Academy is a place where learners can talk and work together. They teach about cryptocurrencies, DeFi, blockchain, and more. It’s a place where students can learn together.
Educational Courses
Mether Academy offers classes to develop your cognition and useful abilities. It will also discuss the newest developments in digital trends to stay current.
Continuous Learning
It enables you to continue with your academic endeavours. As the digital realm is constantly changing and developing, you can stay updated with the latest trends this way.
Build a Community
Using Mether Academy, you can establish a community with other students and participate in growth, learning, and debates with them. Being a part of a community is similar to having a reliable team.
Innovation and Adaptation
It’s essential that we adjust to the newest innovations. It gives you a competitive advantage and helps you keep current. Mether’s extensive courses provide the tools you need to develop and advance your expertise.
Package Types Offered by Mether World
The Mether World website offers four packages: Bronze, Silver, Gold, and Platinum. The packages have a wide range of pricing, so you can select what suits your needs.
| Bronze | Silver | Gold | Platinum |
| The Bronze package starts from $30 | The Basic Silver pack starts at $90 | The Gold package starts at $900 | The professional Platinum package starts from $10,800 |
| Standard Silver account: $270 | For the Gold Pearl package, charges are $1800 | Master Platinum program starts at $27,000 | |
| Platinum Silver account: $450 | Premium Gold package starts at $2700 | For the Masters Pro package, the charges are $54,000 |
Pros and Cons of Mether World
Mether World is an attractive option because it provides educational materials and has a minimal minimum deposit. However, these advantages might not be reliable in the absence of openness and regulation. Consider using the latest regulated broker FXRoad for safer cryptocurrency trading.
| Pros | Cons |
| It claims to offer educational resources through Mether Academy | It is an unregulated and unverified Platform |
| The minimum deposit for the basic plan starts at $30 | It has multiple websites |
| It is associated with the Ponzi Scheme. |
Deposit and Withdrawals of Mether World
Deposit
Let’s examine MetherWorld’s deposit and withdrawal processes.
Local e-bank transfers are an option for deposits, facilitating transactions via the broker’s website. Furthermore, Mether World makes it simple to transfer earnings to other users.
Withdrawal
The same procedure can be used to withdraw your account balance. The minimum withdrawal amount is $50, and there is a 5% withdrawal processing fee.
Mether world Referral
As soon as you register, you will receive a unique referral link. You can earn up to $0.5 for each successful referral by sharing this link. The broker is offering an extra incentive in the form of this referral link.
How Can I Register with Mether World?
To register for Mether World, take the actions listed below:
Step 1: Registeration
Register for a Search Click the registration link on the Mether World website to register.
This page will appear when you click on the link. Once you arrive at this page, click “Register” after entering your personal information.
Step 2: Login
You must log into your account after completing the registration process. After completing that, your account dashboard will be displayed.
Step 3: Authorize
MetherWorld asks you to use the website’s code to validate your account. To access the verification page, use the “Click Here” option. As you can see below, you must scan the QR code and enter the website’s code to validate your account.
Step 4: Add Payment
Add money to your Mether World account based on your trading requirements as soon as it’s validated. You can use Mether World to trade after adding money. The assets that are offered on the site can be purchased.
Is a Trade Wallet Available on Mether World?
The BEP20 Wallet is a trade wallet available on Mether World. Search for the Mether World wallet to discover its official website and login page. To link your account with the wallet, enter your registered user ID now.
The website displays an additional e-wallet that is open for transactions. With the Mcash wallet, you can move up to ten e-bank balances. Yet, this demonstrates how the website presents information in a segmented manner, which led us to doubt the broker’s dependability.
Customer Support
Metherworld has plenty of web pages on the website. Surprisingly, none of them offer any information about customer service. The contact information was discovered on other websites.
You can get in touch with Mether World via the following methods:
- Phone: +372 462 6285
- Email: info@metherworld.com
However, the official MetherWorld website does not contain this information, so its validity is not guaranteed. The website provides customer service through ticket creation. You can submit a ticket, and your issue will be dealt with at a designated time.
Do Mether World’s Statements Hold Up?
Let’s investigate the reliability of MetherWorld. We’ve done some study and discovered a number of reasons why Mether World might be unsafe. These are some reasons why:
No Tough Regulation
Is the yellow triangle in front of Market Cap visible to you? It suggests that the broker platform is not regulated or verified.
However, if it’s not subject to financial authority regulation, is it a self-reported circulating platform? Not at all! As the image plainly illustrates.
These problems are the most significant warning signs of the company’s inconsistency. You should look at IFX Broker’s verified market cap!
Multiple Websites
An official MetherWorld website exists, but several other websites sharing the same name are associated with various broker review platforms.
As you can see, the broker platform features three distinct user interfaces. The official Mcoin website, formerly known as MetherWorld, also featured a distinct user interface and different information.
This demonstrates how the platform regularly modifies its website to deceive traders and profit from their money. Thus, be wary of believing anything you see on a broker’s website, notably if it lacks regulation.
Bad Reviews
Clients who have dealt with MetherWorld in the past have left reviews. Reviews provide an overview of the broker’s offerings, which, in this case, include ambiguity and a lack of clarity.
Mether world Rating Sources
Scam advisor
A website called Scamadvisor rates brokers’ honesty and dependability. According to the platform, Mether World is a mediocre broker with a respectable trust rating.
Trustpilot
The Mether World has received a rating of 3.7 stars from Trustpilot. One interpretation is that Mether World is a broker with a moderate level of risk. Trustpilot has received some favourable consumer feedback despite the broker’s proven instability.
Customers of Mether World have posted testimonials on the broker’s Facebook page. A user reported a negative trading experience beneath the most recent Mether World post.
Conclusion
The fact that Mether World is a shady broker is obvious as day. We have discovered multiple justifications for this assertion. It is not governed or verified. Due to the platform’s numerous websites using the same domain name, scams and deception may result.
Furthermore, the conclusion is summed up by the lack of transparency and negative reviews.
So, if you’re trying to find a reliable broker for cryptocurrency trading, we advise you to use Vault Markets and avoid Mether World or Mcoin.
FAQs
What is Mether World?
Mether World is a trading platform for forex and cryptocurrency. Founded in Estonia in 2020, it offers various trading packages. However, it is important to note that it is not regulated or verified.
What are the minimum deposit requirements for Mether World?
Mether World offers different plans with varying minimum deposit requirements. For example, the Bronze plan requires a minimum deposit of $30, while the Platinum plan requires $10,800.
Does Mether World provide educational resources?
Yes, Mether World claims to offer educational resources through Mether Academy, covering topics like blockchain, DeFi, and cryptocurrency.
How can I deposit funds into my Mether World account?
You can deposit funds into your Mether World account using local e-bank transfers, which can be done directly through the broker’s website.
What are the withdrawal options available on Mether World?
Withdrawals can be made using the same method as deposits, with a minimum withdrawal amount of $50 and a 5% withdrawal service charge.
Does Mether World offer a referral program?
Yes, Mether World provides a referral program where users can earn up to $0.5 for each successful referral by sharing their unique referral link.
How can I register with Mether World?
To register with Mether World, you need to visit their website, fill out the registration form, log into your account, validate your account using a provided code, and then add funds to start trading.
