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MET was initially regulated by the Financial Conduct Authority (FCA) in the UK, but its regulatory license has been revoked. This means that MET is no longer authorized to operate under FCA's supervision. Without valid regulatory oversight, MET no longer meets the high standards expected from financial service providers. If you're looking to open a met account or use MET for regulatory services, be aware that the revocation of the FCA license poses significant risks, especially in met trading. Always verify a provider's regulatory status before using their services.