On 14 April 2022, the UK FCA Adds Metaversefx to its Warning List. According to the release, the company has not been authorised to financial services or products in the UK. You may visit: https://www.fca.org.uk/news/warnings/metaversefx.

Firstly, Metaversefx scams investors of all their hard-earned money by promising amazing investment plans with high profits- it claims a trader can earn up 40% hourly. As for how to make the amazing returns, it mentions no details. If you think carefully, you will know it is just a fraud, targeting people who are not yet familiar with the specifics of trading, and are tending to make a quick money.

Secondly, the entity showed it was established in 2019 and had over 6,935,059 total members with more than $10 billion payments. However, it was actually created on Mar 23rd, 2022. Obviously, it is providing the wrong establishment year and false figures.

At last, headquartered in London, UK, Metaversefx has no authorizations to provide investment services in the UK market as it is not regulated by the FCA. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, we can conclude that it is a scam.