MET Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
Business
License
FCA Revoked 
My $30 investment did not reach me. The person who told me that when I deposit the money, this would start automatically, and I would be a millionaire in a week,. As well as I called support for a solution, but nothing they give me. They just want squeeze my money
In this comprehensive review of Met, we delve into the strengths and weaknesses of this forex broker, analyzing user experiences and expert opinions. Despite being established in 2017 and based in the UK, Met has garnered mixed reviews regarding its regulatory status, trading conditions, and overall reliability.
Note: It is crucial to recognize that different entities operating under the same name may have varying levels of regulation and trustworthiness. This review aims to provide a fair and accurate assessment based on multiple sources.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 4 |
| Tools and Resources | 5 |
| Customer Service and Support | 3 |
| Trading Setup (Experience) | 4 |
| Trustworthiness | 2 |
| User Experience | 3 |
How We Rate Brokers: Ratings are derived from an analysis of user feedback, regulatory information, and expert evaluations.
Met is a forex brokerage firm established in 2017, primarily serving clients in the UK and other regions. The broker offers access to various financial instruments, including forex, commodities, and indices, but lacks a robust regulatory framework, which raises concerns among potential traders. Met operates on the popular MetaTrader platform, allowing users to engage in algorithmic and manual trading.
Met is not properly regulated and has drawn scrutiny for its lack of oversight. According to multiple sources, including WikiFX, the broker has been assigned a low trust score of 1.56 out of 10, indicating significant risks associated with trading through this platform. The absence of a solid regulatory framework makes it essential for traders to exercise caution when considering this broker for their trading activities.
Met provides various deposit and withdrawal methods, including bank transfers and credit/debit cards, but specific details on processing times and fees remain unclear. Users have reported issues with fund accessibility, raising concerns about the broker's financial practices. The minimum deposit requirement is reported to be around $50, which is relatively low compared to other brokers, but the lack of transparency in withdrawal processes is a significant drawback.
Traders at Met can expect average spreads starting from around 0.8 pips, but this can vary based on market conditions. The leverage offered is up to 1:100, which may appeal to some traders; however, this also increases the risk of significant losses. The trading experience on the MetaTrader platform is generally positive, but users have reported occasional glitches and delays, which can disrupt trading activities.
Met provides access to a range of financial instruments, including forex pairs, commodities, and indices. However, the lack of a diverse range of products, such as cryptocurrencies or ETFs, may limit trading opportunities for some users. This limitation is particularly concerning given the growing demand for diversified trading options in today's market.
Customer service at Met has received negative feedback, with users reporting long response times and inadequate assistance. The support is available in multiple languages, but the overall experience appears to fall short of expectations, indicating a need for improvement in this area.
User reviews are mixed, with some expressing dissatisfaction with the broker's support and withdrawal processes. For instance, a user reported, “My $30 investment did not reach me, and the support team was unhelpful.” Such experiences highlight the potential risks associated with trading with Met and underscore the importance of due diligence before committing funds.
In summary, the Met review reveals a broker that, while offering access to popular trading platforms and a relatively low minimum deposit requirement, is marred by serious concerns regarding regulation, customer support, and overall trustworthiness. As always, prospective traders should conduct thorough research and consider their risk tolerance before engaging with Met or any similar broker.
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