Introduction
Trading can be hard. Many brokers say they are the best. But some are not true. Many new traders get tricked. They lose their money.
Mether World is a new broker. Before, it was called Mcoin. But is it safe? Or is it a scam? You should not believe only what the website says. This guide will explain Mether World Mcoin in very simple words.
What is Mether World?
Mether World started in 2020 in Estonia. It is a trading company. It lets people trade forex and cryptocurrency.
It is not regulated. This means no big money authority checks it. Regulated brokers are safer. But Mether World is not regulated.
The company says it uses blockchain and MLM. It lets you trade digital coins like Bitcoin and Ethereum. But there are many risks.
What is Mcoin?
Mcoin is a special coin from Mether World. It works like digital money.
Mcoin helps in ads and services online. Advertisers, publishers, and users can use it. It works on the Ethereum blockchain.
Mcoin says it is very fast. It claims that transactions happen quicker than other coins. But you must be careful.
What is Mether Academy?
Mether World also has Mether Academy. It is a place to learn.
They teach about:
- Cryptocurrencies
- Blockchain
- DeFi
- Digital trends
Mether Academy helps people learn and grow. It says you can join a community of learners. You can talk, learn, and share ideas.
But remember, not all their promises may be true.
Packages in Mether World
Mether World gives four packages. They are:
- Bronze: Starts at $30
- Silver: Starts at $90 (can go up to $450)
- Gold: Starts at $900 (can go up to $2700)
- Platinum: Starts at $10,800 (can go up to $54,000)
The prices are very different. Some are cheap. Some are very costly.
Pros of Mether World
- They give educational courses in Mether Academy.
- The minimum deposit is only $30.
Cons of Mether World
- It is not regulated.
- It has many websites, which looks unsafe.
- It is linked to Ponzi schemes.
- Bad reviews online.
So, the risks are very high.
Deposit and Withdrawal
Deposit:
You can add money through local e-bank transfer. The site also lets you send money to other users.
Withdrawal:
You can take out money the same way. But there are rules:
- Minimum withdrawal: $50
- Fee: 5% for each withdrawal
This is not good because other brokers do not take so much fee.
Referral Program
Mether World gives a referral link. If you share it, you can earn $0.5 for each friend who joins. This looks like a marketing trick.
Real brokers do not focus too much on referral money.
How to Register in Mether World?
Step 1: Go to the website and click Register. Fill the form.
Step 2: Log in to your new account.
Step 3: Authorize with code or QR scan.
Step 4: Add money and start trading.
This looks easy, but the safety is not clear.
Wallets in Mether World
Mether World says it has a BEP20 wallet. You can use it to trade.
It also has Mcash wallet. With this, you can move balances between accounts.
But the website shows too many wallets and pages. This makes it confusing and not trustworthy.
Customer Support
Mether World says it has 24/5 support. But the official site does not give clear details.
They only show phone: +372 462 6285 and email: info@metherworld.com. But even this may not be true.
You can also send a ticket on the site. But many users say support is not good.
Is Mether World Safe?
Mether World shows many red flags.
- No Regulation:
No strong authority controls it. This makes it unsafe. - Many Websites:
There are different sites with the same name. Each site shows different info. This is a sign of scam. - Bad Reviews:
On Trustpilot, Facebook, and other sites, people gave low ratings. They said Mether World is not clear. - Changing Faces:
The site changes often. It shows different names and looks. This is not normal for a safe broker.
Ratings of Mether World
- Scamadvisor: Medium trust score. Not very safe.
- Trustpilot: 3.7 stars. Some good reviews, but many bad.
- Facebook: Many negative comments from users.
This shows that people do not trust it fully.
Conclusion
Mether World looks risky. It is not regulated. It has too many websites. It has bad reviews.
It offers Mcoin and Mether Academy. But these cannot hide the problems.
If you want safe trading, choose a regulated broker. Do not risk your money here.
Verdict: Avoid Mether World Mcoin. Use trusted brokers instead.
FAQs
Q1: What is Mether World?
Mether World is a broker from Estonia. It started in 2020. It lets you trade forex and cryptocurrency.
Q2: What is Mcoin?
Mcoin is Mether World’s digital token. It is used for ads and services.
Q3: Is Mether World regulated?
No, it is not regulated. That makes it unsafe.
Q4: What is the minimum deposit?
The lowest deposit is $30 for the Bronze package.
Q5: Can I withdraw money?
Yes, but the minimum withdrawal is $50. They also take a 5% fee.
