Search

For more information about Mether World Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence C

License

No license

Mether World Company

  

Mether World Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Mether World Company was founded in 2020, emerging as a platform primarily focused on cryptocurrency trading. The company markets itself as a modern trading solution, leveraging blockchain technology to facilitate transactions and investments in digital assets.

  

Parent Company/Ownership Structure

  The ownership structure of Mether World is not extensively detailed in public sources, leading to some ambiguity regarding its parent company. However, it is known that the company operates under the brand name Mether World and has ties to a cryptocurrency known as M Coin.

  

Headquarters Location

  Mether World is headquartered in Estonia, specifically at Kiire Tee 10, Suurupi, 76907 Harju. Estonia is recognized for its favorable environment towards cryptocurrency and fintech businesses, making it an attractive location for such companies.

  

Global Business Scope

  The company operates globally, offering trading services primarily in cryptocurrencies and forex. Its business model is designed to attract a diverse range of clients interested in digital trading and investment opportunities.

  

Main Regulatory Bodies

  Mether World operates without regulation from any recognized financial authority. This lack of regulatory oversight raises concerns about the safety and reliability of its services. Investors are advised to exercise caution when engaging with unregulated platforms.

  Back to top

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2020, Mether World has aimed to establish itself in the cryptocurrency trading market. However, specific milestones related to growth, partnerships, or technological advancements are not publicly documented.

  

Business Expansion Journey

  The expansion journey of Mether World has been limited due to its unregulated status and the controversies surrounding its business practices. While it offers a platform for trading cryptocurrencies and forex, its growth has been hindered by allegations of operating as a Ponzi scheme.

  

Customer Base Growth

  The customer base of Mether World is difficult to quantify due to the lack of transparency in its operations. Reports suggest that the company has attracted a mix of traders, but the sustainability of this growth is questionable given its reputation.

  

Platform Development History

  Details about the platform's development history are scarce. Mether World claims to offer a user-friendly interface for trading, but the absence of information regarding updates or improvements raises concerns about its technological robustness.

  

Important Awards or Recognitions Received

  As of now, Mether World has not received any notable awards or recognitions that would enhance its credibility in the financial services sector.

  Back to top

  

3. Trading Services Offered

  

Forex Trading Options

  Mether World offers forex trading services, although specific details regarding the number of currency pairs available are not disclosed. This lack of transparency is a common concern among potential investors.

  

Stock Trading Options

  Currently, Mether World does not provide stock trading options. The platform primarily focuses on forex and cryptocurrency trading.

  

CFD Trading Products

  Information regarding the availability of Contract for Difference (CFD) trading products is not explicitly stated. This absence of clarity may deter traders looking for a comprehensive trading experience.

  

Other Financial Instruments

  Mether World emphasizes its cryptocurrency trading capabilities, allowing users to trade popular digital assets such as Bitcoin, Ethereum, and its proprietary token, M Coin. The platform claims to support a variety of cryptocurrencies, but detailed information is lacking.

  

Special Services or Unique Advantages

  Mether World promotes the Mether Academy, which purportedly offers educational resources for traders. However, the effectiveness and quality of these resources remain unverified.

  Back to top

  

  

Detailed Regulatory Information

  Mether World is unregulated, meaning it does not fall under the oversight of any recognized financial authorities. This lack of regulation poses significant risks for investors, as there are no guarantees regarding the safety of their funds.

  

  The legal entity structure of Mether World is not clearly defined in public records. The company operates primarily in Estonia, but its business practices suggest a broader international focus.

  

Client Fund Protection Measures

  Due to its unregulated status, Mether World does not provide any formal client fund protection measures. Investors should be aware that their funds may not be safeguarded in the event of financial difficulties faced by the company.

  

Countries/Regions Served

  Mether World serves clients globally, but the lack of regulatory compliance may limit its appeal in certain regions. Potential clients should be cautious and consider the legal implications of trading with an unregulated broker.

  

Compliance History

  There are no significant compliance records available for Mether World, which raises concerns about its operational integrity. The company's association with allegations of operating as a Ponzi scheme further complicates its compliance narrative.

  Back to top

  

5. Competitive Landscape

  

3-5 Main Competitors

  Mether World faces competition from several established brokers in the cryptocurrency and forex trading space. Key competitors may include:

  • Binance - A leading cryptocurrency exchange known for its extensive range of digital assets.
  • Coinbase - A popular platform for trading cryptocurrencies, particularly in the United States.
  • eToro - A social trading platform that offers a range of financial instruments, including cryptocurrencies and stocks.
  •   

    Positioning in the Industry

      Mether World positions itself as a cryptocurrency trading platform with a focus on educational resources. However, its lack of regulation and transparency significantly undermines its standing in the competitive landscape.

      

    Market Differentiation Factors

      The primary differentiation factor for Mether World is its proprietary cryptocurrency, M Coin, and its educational platform, Mether Academy. However, the effectiveness and credibility of these offerings are questionable, given the company's overall reputation.

      Back to top

      

    Conclusion

      In summary, Mether World Company presents itself as a cryptocurrency trading platform with educational resources, but its unregulated status, lack of transparency, and negative reputation raise significant concerns. Potential investors are advised to conduct thorough research and consider alternative, more reputable trading platforms.

      For those interested in cryptocurrency trading, exploring regulated brokers with a proven track record may offer a more secure and reliable trading experience.

      Learn more about safe trading practices and how to choose a reputable broker.