Metabit Exchange Review: Fake Investments and Regulatory Warnings
Metabit Exchange Review: Fake Investments and Regulatory Warnings

Before we even begin the long story of the Metabit Exchange, we want to ensure you understand all the risks of investing with this firm. Since they have no license, they pose a threat to your money.

The reasons for this will be explained in detail in this Metabit Exchange review. Ensure you read carefully.

against the scam.

Regulated by: Unregulated
Is This Company Safe? It’s not safe
Known Websites:
Have Warnings from: FCA, A-TVP
Registered in: UK (allegedly)
Operating since: 2023
Trading Platforms: WebTrader
Maximum Leverage: N/A
Minimum Deposit: $500
Deposit Bonus: N/A
Trading Assets: Forex, commodities, indices, shares, cryptocurrencies
Free Demo Account: No
How to Withdraw from This Company? Since this company is unlikely to return your money – contact your bank, financial regulator, or simply reach out to us for professional assistance in recovering your funds.

Before we even begin the long story of the Metabit Exchange, we want to ensure you understand all the risks of investing with this firm. Since they have no license, they pose a threat to your money.

The reasons for this will be explained in detail in this Metabit Exchange review. Ensure you read carefully.

Is Metabit Exchange a Genuine Investment Brokerage?

If you check the Metabit Exchange website, you will notice a vast offer. The company claims to provide CFD trading, real estate, gold investments, and retirement plans. In addition, they claim to hold regulations by the US Securities and Exchange Commission and the Canadian IIROC.

Of course, upon checking these registers, we found nothing. It didn’t surprise us, considering all the other inconsistencies. For instance, Forex and CFD brokers must be authorized by the CFTC and NFA in the US. In addition, each investment brokerage company must be transparent regarding the company owner, trading terms, and license number. All that is missing with Metabit Exchange.

Finally, the company added an address in the UK as its official headquarters. They added a phony certificate from Companies House, registering Metabitexchange Limited in January 2016. According to an FCA notice from June 2023, this is a notorious lie. The firm provides financial services and products without a license.

This warning was then republished in Slovenia, an EU member state. All in all, it’s clear that this company cannot be trusted.

Who Are the Victims of the Metabit Exchange Scam?

Despite false claims to have been incorporated since 2016, Metabit Exchange registered its domain in March 2023. Ever since, the company has been luring clients through fake social media ads, promising immense wealth from a small initial deposit.

The majority of website traffic of the company comes from:

  • Germany,
  • India.

However, we’re sure they’re present in other countries as well. Considering regulatory warnings and fake licenses, they advertise their services in the US, the UK, and Canada. Wherever you reside, ensure you decline any offers coming from this bogus company.

Metabit Exchange Trading Features

As mentioned, the company presents itself as a Forex broker, an investment firm, and a wealth management service provider. Therefore, we wanted to check their features, such as assets, platforms, and account types. Let’s begin the evaluation.

Available Trading Software

Surprisingly for a trading firm, Metabit Exchange login is a mystery. The company doesn’t specify what kind of platform it provides and if there’s a mobile app. Upon registering, we got access to a basic WebTrader. It has no special features and cannot be compared to the industry standard MetaTrader.

Investment Packages

There are several investment packages to choose from:

  • Basic Plan – $500
  • Standard Plan – $3,000
  • Premium Plan – $10,000
  • Golden Plan – $50,000

Each higher plan brings more daily profits and 10% referral bonuses. However, there’s nobody who can guarantee you profits, especially not during a specified time frame, as Metabit Exchange does.

Allegedly, you can earn 3-6% daily for seven days of the package duration. In addition, the expiry date means that you need to reinvest every seven days. It’s a typical extortion pattern.

Available Trading Assets

The company advertises the following CFDs:

  • Currency pairs – EUR/USD, GBP/AUD, SEK/NOK
  • Commodities – gold, silver, crude oil
  • Indices – AU200, FTSE100, NASDAQ
  • Shares – Amazon, Apple, Google
  • Cryptocurrencies – BCH, BTC, USDT.

However, this cannot be confirmed without a Demo account.

Other Services On Offer

In addition to trading, the company claims to offer real estate investing, with accounts dedicated to it:

  • Classic – $20,000
  • Silver – $50,000
  • Gold – $100,000
  • Platinum – $500,000

Here, customers are expected to earn anywhere from 4-100% and more. Of course, it sounds like a good scheme.

Finally, we have gold investment and retirement planning as offered services. The company claims to be able to help you plan your future and create a dedicated financial portfolio for you. Knowing all we know so far, we’re not inclined to trust it.

Metabit Exchange Support – How Can I Get Help?

For an allegedly fully licensed company with a vast range of services, Metabit Exchange support is pretty hard to reach. Namely, the only way to contact the company is through a website or email. There are no social media channels, live chat, or anything where you can get help instantly.

This is another red flag, and we believe that you don’t need more. It’s clear that you should avoid this firm by all means.

Payment Options – Metabit Exchange Withdrawal

From what it seems, there’s only one payment method accepted by the firm: crypto. There is a tab navigating you to buy crypto through exchanges like Binance, KuCoin, and Coinbase. The brokerage will then transfer your digital coins to themselves.

Scammers prefer crypto payments over traditional credit cards and bank transfers. Each transaction is encrypted on the blockchain, meaning that reversing it is nearly impossible. However, it’s not all lost with the right tools and assistance.

What Can I Do If I Was Scammed by Metabit Exchange?

Let us know if you were scammed by Metabit Exchange company or any similar brokerage. Our CipherTrace crypto analysts can help you track and trace your digital coins and find where your money is. With this information, you can create a detailed report for the authorities.

Book a free, non-obligatory consultation today, and let’s begin!

FAQ Section

What Is Metabit Exchange?

Metabit Exchange is an unregulated investment brokerage. If you have trouble with payouts, we might be able to assist you with this matter.

Does Metabit Exchange Offer a Demo Account?

No, Metabit Exchange doesn’t offer a risk-free Demo account for its customers.

Are My Funds Safe With Metabit Exchange?

Since the broker is unregulated and openly lies about regulations, your funds are not safe with such a firm.


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