Mether World

This overview describes the Mether World Platform, a new multi-asset trading platform that launched in 2020. As well as accessing Forex Trading, Cryptocurrencies, Blockchain Products and a Multi-Level Marketing model, Mether World promotes its own utility token, M Coin (MCOIN) and aims to combine modern trading with new digital tech. However, due to its unregulated status, MLM structure and mixed feedback from users, this platform is still controversial among investors.

Founded in November 2020, Mether World was set up as a registered business in Estonia (head office: Kiire Tee 10, Suurupi, Harju County). The company lists its owners as CEO Denis Shehu (Dubai), CMO Andrzej Adam and blockchain heads Robert Ciurkot and Paul Smith. Transparency in ownership is currently very limited.

Mether World originally focused on cryptocurrency education but then expanded into Forex Trading as well as a cryptocurrency exchange for trading cryptocurrencies (via their own website), trading in NFTs (non-fungible tokens), and staking. They also have future plans to create a "metaverse" product and have also worked with Cryptoworldtrading.net, an entity formerly associated with a large scam involving INR 250 crores.

The major products and services offered by Mether World include a trading platform (via Mobile App/iOS – Android and Internet browser), basic charting tools, subscription packages (e.g., Gold, Platinum) as opposed to standard account types and unclear trading conditions.

In addition to forex currency pairs, Mether World provides access to a wide variety of cryptocurrencies, the M Coin token, NFTs (non-fungible tokens), and property located in "Metaverses". As a Multi-Level Marketing company, a commission is earned and revenue shared between participants who refer users to the platform. The Mether Academy provides basic education in Trading and Web3 technology for its users. Expansions to Mether World are planned to commence between the years 2025 and 2027, with a focus on Play2Earn gaming.Regulatory Compliance Mether World currently has no compliance with existing regulations because it does not hold any licenses from any significant governing bodies, resulting in limited protection for users. The list of Regulators, along with their corresponding license numbers and status is as follows: Regulator - License Number - Status. Estonia's Financial Intelligence Unit (FIU) - – - Not Licensed European Securities & Markets Authority (ESMA) - – - Not Licensed United Kingdom's Financial Conduct Authority (FCA) – Not Licensed Cyprus Securities and Exchange Commission (CySEC) - – - Not Licensed Australia's Securities & Investments Commission (ASIC) - – - Not Licensed United States Securities & Exchange Commission (SEC) - – - Not Licensed Trading Conditions and Technology Trading Conditions Users report that they experience high spreads and potentially high levels of leverage required by this broker. Minimum deposits will also vary based on the package purchased. Trading Condition Details Spreads: Variable; often higher than regulated brokers. Leverage: Not disclosed; likely high. Minimum Deposit: $10 - $50 Commission: Share in profits/revenue of up to 30% (unclear structure). Platform Technology Basic trading dashboard, along with MLM dashboard using blockchain technology, supporting the use of M Coin, NFTs and future metaverse assets. Fee Structure Fee Type Details Deposit fees: None reported Withdrawal fees: 5% service fee Minimum withdrawal: $50 Inactivity fees: Not disclosed Subscription fees: Fees may apply to packages Commission fees: Profit sharing/revenue sharing commission + MLM commissions Staking fees: Not disclosed High withdrawal and subscription related fees could affect profitability. User Experience & Reputation User feedback on Mether World has been largely negative and/or mixed, with the most common complaints being withdrawal delays, lack of customer support and a business model that is similar to a Ponzi scheme in nature. However, some users appreciate the accessibility to cryptocurrency through Mether World and that there is a mobile app available, but there are still serious concerns about the overall transparency and reliability of this broker. Recent Developments In the years 2024 - 2025, Mether World has continued to develop its MLM activities and promote its NFT and metaverse projects, but has yet to achieve any progress with regards to regulatory licensing or make amendments towards increasing its operational transparency. Conclusion In summary, although Mether World combines a unique selection of Forex, Crypto and Blockchain components, as well as aggressive plans for future expansion, it is not a good choice for users unless they are highly cautious and are prepared to take on a large amount of risk due to its lack of regulation, high fees, MLM based revenue model, and previous associations with scams. Thus, it would be wiser to choose a regulated broker.