Metaversesworld Review

About Metaversesworld

Metaversesworld is operated by Pristine Group LLC, registered in Saint Vincent and the Grenadines under number 1327LLC2021, a jurisdiction that does not issue valid forex licences or provide regulatory oversight for forex activities; registration does not equate to authorization to offer investment services (). The broker has received formal warnings from the Austrian Financial Market Authority (FMA) on July 23, 2022, and from the Spanish Comisión Nacional del Mercado de Valores (CNMV) on September 19, 2022, stating that Metaversesworld is not authorised to provide investment services in those jurisdictions ().

Metaversesworld offers a basic web-based trading platform (“WebTrader”), with reported trading conditions including a minimum deposit of USD 250, fixed spreads reportedly around 3 pips on EUR/USD, and maximum leverage up to 1:200 (). The broker does not operate MetaTrader platforms and lacks transparency regarding execution model, account types, or additional trading tools (). Numerous independent reviews and user reports highlight significant concerns regarding withdrawal difficulties, misleading bonus policies, hidden fees, and a general lack of investor protection ().

Pros and cons

Pros

• Minimum deposit is relatively low at USD 250 ()

Cons

• No legitimate regulatory licence or oversight; registration in SVG does not confer regulation ()
• Warnings issued by Austrian FMA (July 23, 2022) and Spanish CNMV (September 19, 2022) for unauthorised provision of services ()
• Basic web-only trading platform, lack of industry-standard tools (e.g., MT4/MT5) ()
• Reportedly high spreads (around 3 pips) and high leverage (up to 1:200), increasing trading risk ()
• Numerous user complaints about withdrawal issues, deceptive bonus conditions, and hidden fees ()