MET500.com Review – Disappeared in Less Than A Year
MET500.com is allegedly a UK-based company that offers crypto stacking services. With fixed daily returns and promised profits, it definitely looks like a Ponzi scheme. As expected, the company’s website already shut down after a year. But they did what they wanted. They took other people’s money.
For that reason, you have this detailed MET500.com Review to learn how to avoid these things in the future. To learn more about other types of investment scams read our comprehensive Axiom Trade review as well.
|Regulated by:||No regulations|
|Is This Company Safe?||No|
|Have Warnings from:||N/A|
|Minimum Deposit:||0.003 BTC|
|Free Demo Account:||Not available|
|How to Withdraw from This Company?||
Withdrawals are rarely possible with MLM schemes like this one and we suggest you contact our specialized financial team for refund options and advices.
Legal info: Is MET500.com legit or a Scam?
Considering that they present themselves as a UK company, it’s easy to check their legitimacy. Any investment firm in the UK must be regulated, simply because they are controlling other clients’ money. However, this company is not listed in the FCA registers.
Not only that but not in any other Tier 1 regulatory database, such as BaFin, ASIC or CFTC. With this in mind, you know that you can’t have any kind of funds protection with MET500.com scam company.
Who are MET500 com’s clients?
Surprisingly, the company was targeting everyone. With a very short life span since 2022, they managed to spread all across the world. But mostly scammed investors are coming from:
- United States
If you are coming from any other country, feel free to let us know about your experience. In the best case, our expert team can advise you on the chargeback process.
To make everything worse, all the Trustpilot reviews are bad. Even though, there are only 6 of those. Yet, they all point out the same issue – withdrawals. But the scam rate is 100%.
That’s why generally you should avoid unregulated companies. But if you already felt like you are scammed, don’t lose hope. There are ways to get your money back. Send us a message to find out more.
Investment Costs with MET500.com
The company has quite a poor explanation of its services. They don’t have any investment costs revealed. Not even an investment plan. They promise you returns but without credibility.
MET500.com Trading Features
MET500.com scam is based on fake cryptocurrency stacking. With fixed small daily returns they are selling you a false picture of big monthly profits accumulated. Everyone would think it’s legit because percentages are small.
Yet, in the investing world, nothing is certain. To see how many different fraudulent options you can find, check our Beurax review as well.
Available Trading Assets
As can be seen, the company only offers crypto investments. However, those cryptos that investors are buying go straight into their pockets. Instead, you can find reliable crypto exchanges and do it yourself safely.
With MET500.com company investors can choose between 4 programs. They differ in the lock-up days and daily reward. You can choose:
- 30 days – 1% daily
- 45 days – 1,5% daily
- 60 days – 2% daily
- 90 days – 2.5% daily
But also, there are referral programs where you can get 5% on the first level. But also 2% and 1% for the two 2 following levels.
Mobile Trading App
For a company that is so conservative about ownership details, it’s hard to believe they would be transparent on anything. Therefore, a mobile app where you can track your investment portfolio doesn’t exist. Primarily, because it’s all fake.
For the same reason they miss a mobile app, they don’t have a demo account. That would expose their fraudulent activities and nobody would invest. Instead, you can find Tier 1 licensed brokers with way more transparent features.
With scam companies like MET500.com, education is science fiction. In general, such companies care only about money. So, there’s no reason for them to waste time on your education when they do everything for you. Fictivelly, of course.
Considering that the company only accepts crypto payments, you can forget about a withdrawal. Crypto transfers are anonymous and irreversible. Yet, for a withdrawal you need to have a verified account.
Anyway, with their non-existent withdrawal policy and anonymous approach, you can’t expect withdrawals to happen. After all, negative reviews are not written without a reason. However, there’s a catch with crypto transfers as well. Keep reading.
Generally speaking, customer service is key in investing world nowadays. Without a professional support traders quickly change their minds about companies. As for the MET500.com company, their only contact option is the web form. This way they ensure to choose who to respond and who not to.
However, not even a phone number should be trusted if the company is not regulated. Practically, only Tier 1 regulation ensures that all the data on the website must be real.
Key Information To Consider About MET500.com?
In the first place, the company is not licensed. If that’s not enough, you can see that the company already disappeared. But it’s just a matter of time before they rise like a Phoneix with a different brand. That’s why this MET500.com Review is the key.
Yet, we know that everyone cares about their own money. Now comes the catch we mentioned earlier. Crypto transfers can be traced with CipherTrace software. All down back to the original destination. But to find out what you need to use it, feel free to contact our expert team today! Most importantly, there are no obligations or hidden costs for the first consultation.
What Is MET500.com?
MET500.com is a scam Ponzi scheme that was operating since 2022 allegedly from the UK.
What Are MET500.com’s Products?
The MET500.com company only offered crypto-stacking services without any transparency or credibility.
Is MET500.com A Regulated Broker?
No. The company doesn’t hold any licenses. For that reason, we suggest you to contact us for a refund since withdrawals are not possible.