Mether World

Arnold Joseph

1-2 years

Could you describe what the total trading costs are for indices such as the US100 when trading on Mether World?

WikiFX Reply

As an experienced forex trader, evaluating the total trading costs—especially for major indices like the US100—is crucial for my decision-making. Unfortunately, with Mether World, I found a significant lack of transparency regarding all essential cost details. Their WikiFX profile does not provide any clear information about spreads, commissions, swap rates, or even the minimum deposit required for trading popular indices. This raises major concerns for me because, in my experience, reputable brokers are usually very upfront about trading costs; it's both a sign of professionalism and vital for budgeting and risk management. Complicating matters further, Mether World is entirely unregulated and flagged for “suspicious scope of business,” with a risk management index of 0.00 out of 10 and no valid regulatory credentials. This lack of oversight means there are no protective frameworks guaranteeing fair execution or transparent fee structures. For me, this essentially turns the potential “cost” of trading into an unpredictable risk, not just a line item. From what I could ascertain, trading on the platform requires the use of its own proprietary coin, “mcoin,” rather than fiat or commonly recognized currencies. Using an obscure or in-house currency adds another layer of risk and makes it even harder to objectively compare or assess fees against global standards. Given these concerns—absence of published cost information, unregulated operations, and the opaque use of an in-house token—I could not confidently calculate or estimate the total trading costs for indices like the US100 on Mether World. Personally, this lack of clarity is a strong signal for me to avoid committing significant capital, as cost transparency is a minimum standard I expect from any trading platform.

Broker Issues

Mether World

Fees and Spreads

08-24

United States

Sanjay sirohi

1-2 years

Which documents are usually needed to make your initial withdrawal from Mether World?

WikiFX Reply

Based on my personal experience and the context provided, I approach the withdrawal process from any unregulated broker like Mether World with significant caution. Typically, for initial withdrawals with most platforms, you should expect to provide standard verification documents such as a government-issued ID, proof of address (utility bill or bank statement), and sometimes proof of payment method (like a card statement or screenshot). However, Mether World’s website and communication channels appear lacking in transparency regarding these procedural details, which is a concern for me. Given that Mether World is unregulated and has a high-risk profile, I am particularly wary of the withdrawal procedures. Often, such brokers keep procedures deliberately vague, which may lead to unexpected document requests or withdrawal delays. My advice, and what I personally practice, is to ensure all personal information and payment documentation are in order before even attempting a withdrawal. I am also prepared for the possibility that additional or unexpected documents could be required, simply because the broker’s policies aren’t clearly outlined in public-facing materials. For me, the absence of clear, regulated processes is a serious red flag. While I expect to submit basic identity and proof-of-address documents, I would not rely on Mether World to handle my withdrawal efficiently or without complications. This inherent uncertainty is one reason why I prefer established, regulated brokers with well-documented client procedures.

Broker Issues

Mether World

Withdrawal

Deposit

08-02

United States

Bhavani Durga K

1-2 years

Considering user feedback and your own evaluation, what’s your assessment of Mether World’s credibility?

WikiFX Reply

Drawing on my own experiences as a trader and after reviewing the available data on Mether World, I have significant concerns about its credibility. The most critical red flag is that Mether World is entirely unregulated, despite being operational for 2-5 years and registered in Estonia. In my trading journey, dealing with unregulated platforms has always introduced unacceptable risks—specifically, there's no third-party oversight to protect client funds or ensure transparent operations. This alone makes me extremely hesitant. Additionally, the transparency of Mether World is lacking. Core information about trading conditions such as leverage, spreads, deposit requirements, or even a clear breakdown of offered instruments is simply missing. Limited customer support options further compound the sense of risk, as it can be challenging to resolve issues or seek redress if problems arise. I noticed that trading is centered around their proprietary "m coin," which resembles digital assets like Bitcoin, but using an in-house currency adds another complex layer of risk—and I've seen similar setups breed confusion and abuse in the past. User feedback appears mixed, with some stating the educational content is disorganized, unprofessional, and not genuinely helpful for traders seeking to build real skill, while only one review mentioned positive support. For me, this lack of consistency and overall negative sentiment makes it difficult to recommend. With so many regulated, established brokers offering far more credibility and investor protection, I'd exercise considerable caution and look elsewhere for both trading and education.

Broker Issues

Mether World

Regulation

08-01

United States

Yousef47

1-2 years

Are there any inactivity fees associated with Mether World, and under what circumstances are they applied?

WikiFX Reply

In my experience navigating through Mether World’s offerings and reviewing all available details, I was unable to identify any disclosed information about inactivity fees or specific terms under which such fees might be charged. The platform itself is characterized by a general lack of transparency regarding key account terms, and crucial information such as trading conditions, fees, spreads, and even basic account requirements is missing from its public documentation. As someone who values clear, upfront disclosure—especially in the forex and crypto trading space—this lack of clarity raises significant concerns for me. Additionally, with Mether World operating without valid regulatory oversight and holding what is described as a suspicious license, I have to be extremely cautious. In my professional judgement, any time a broker or trading platform chooses not to clearly communicate its fee structure or account terms, it exposes traders to unnecessary risk, especially regarding hidden costs like inactivity or maintenance fees, which can often be buried in the fine print. For these reasons, I personally would not proceed with Mether World unless this critical information—such as the existence and application of inactivity fees—was provided in a clear and reliable manner by the company. Clear communication and transparency are essential to building trust and managing risk as a responsible trader.

Broker Issues

Mether World

Fees and Spreads

07-30

United States