As their sloppy and unappealing website suggests, this firm wants to provide a ladder of opportunity for wealth creation. Therefore, their purpose is to bring their users the best investment opportunities through investments in high growth assets.
By default, every financial swindler lately pushes digital currency when they talk about most prospective trading instruments. Despite all the promises and sweet talk, these fraudsters fail to reveal the only solid proof of their legitimacy – a valid license. Read more about this newest anonymous scheme in this Meta-Protocol review.
| Regulated by: | Unregulated Investment Firm |
| Is This Company Safe? | This company doesn’t exist and is just an online sham, so beware of their trickery! |
| Known Websites: | meta-protocol.io |
| Have Warnings from: | N/A |
| Registered in: | US (alleged) |
| Operating since: | 2022 |
| Trading Platforms: | None |
| Maximum Leverage: | N/A |
| Minimum Deposit: | $50 |
| Deposit Bonus: | No |
| Trading Assets: | Crypto |
| Free Demo Account: | No |
| How to Withdraw from This Company? | Payouts are not allowed by the cons – seek help from our recovery professionals! |
Only Falsified Legal Intel
Since there’s nothing online that speaks in favor of this firm’s establishment and influence, the Meta-Protocol investment scheme uses foul methods to appear legit. For instance, this firm claims to have a certificate of incorporation at the US Companies House, but such authority doesn’t exist.
The logo on the document actually belongs to UK Companies House, but this business is not found in their register. As such, this shady firm also doesn’t have a FCA license issued to financial services providers.
The Terms and Conditions document mentions another firm, called Mixed Finance and also claims that the prevailing laws are those of the Netherlands courts. AFM, the leading Dutch financial regulator, doesn’t have information on this monkey business just as any other regulator doesn’t.
How Boiler Rooms Operate
The meta-protocol.io website was launched in April 2022, and directed at the following regions:
- United States
- United Kingdom
- Australia
- Brazil
One of the main deceptive factors at play here is the selected company name and logo. It somehow implies connection with Meta, a social metaverse company best known for being owners of Facebook and Instagram.
There are no Meta-Protocol reviews or social media profiles whatsoever, which automatically debunks this connection. Instead, it operates as a so-called “boiler room”, a scam call center.
As is the case with BITXLUX, the company agents will usually introduce themselves as one expert or another, and ask for investment. They are often pushy and insistent, and will turn to harassment and threats to get more money. Any invested funds are stolen, however, and require expert help to recover.
Unknown Fees
These swindlers have a lot to hide when they display zero transparency when it comes to costs and commissions. It isn’t revealed how much the company charges their services and what are the costs pertaining to funding and payouts.
At that, we didn’t manage to acquire any more useful information even after creating a Meta-Protocol login and accessing the user area. Everything is hidden, so you can expect hidden costs and taxes at any point, especially during withdrawals.
Rudimentary Trading Facilities
It is a common strategy with many deceptive companies, including Solid ECN for instance, to offer some trading amenities. This is only done for appearances’ sake, since the firm does not actually have access to the markets.
Everything you see on the site is just smoke and mirrors, intended to keep you occupied and spending more money. Ofter, schemers will invent various incentives to squeeze out additional cash from their victims.
Non-existent Trading Platform
The only thing resembling a trading platform is an NFT marketplace, which is available through the client dashboard. The simplistic environment has no graph, no advanced options of any kind. Users may only buy a single asset at a fixed price by using a “buy” button.
The platform is not even worth comparing to software like cTrader, MT4 or MT5. These programs have become industry standard due to their advanced functionality, and are employed by a majority of regulated firms.
Shabby Asset Selection
Instead of discussing available trading assets, or any trading strategies the company uses to generate profits, you can only find a couple of articles about BTC, ETH and Meta-Protocol crypto investment.
Neither of these are actually available in the client dashboard, though. The NFT marketplace offers replicas of a few popular NFT images for sale at greatly inflated prices.
Readers are advised that the NFT market has crashed recently, with the vast majority of any such assets being completely worthless. Any company still offering these trading instruments is most probably a hoax.
Tiered Plans Promise Huge ROI
Once you create a Meta-Protocol account, you can preview the offer of plans from the client panel. Here, there’s several packages, each costs more cash and allegedly brings higher return. We don’t suggest spending real money for any of them, but here’s how the offer goes:
- Tier 1 – $50 for 20% ROI after 1 day
- Tier 2 – $500 for 35% ROI after 3 days
- Tier 3 – $2000 for 45% ROI after 5 days
- Tier 4 – $5000 for 55% ROI after 7 days
- Tier 5 – $10000 for 65% ROI after 10 days
Crypto Payouts
Buying a Meta-Protocol plan means committing serious funds to an unverified investment scheme. The only way to fund your account or perform a payout is via crypto. That means that swindlers can swiftly steal your assets and transfer them without you having a chance to track your investment. In addition, they remain anonymous.
Therefore, please avoid making such transactions as it can cost you a fortune. Especially when there’s no policies or clarifications on how withdrawals work.
No Help For Clients
If you encounter an issue which requires prompt response from the help desk, well too bad. The company only offers a single email address, and a contact form on their site.
This is yet another method of control, as the only line of communication you, as a client, have with the company is through the allocated boiler room agent.
We Solve Withdrawal Issues!
If you’ve invested into this promising yet completely fake investment scheme, do not despair yet. Our team of legal experts can advise you on how to perform a chargeback and get your Meta-Protocol withdrawal to work. With our experience, knowledge and expertise you will get your funds back in no time.
Our specialists are always at your disposal, so book your free interview at any time you wish with the help of our chat agent.
FAQ Section
What is Meta-Protocol?
It is an online fraud scheme which uses the moniker of a well-known company to influence their victims.
Is Meta-Protocol a Legit Investment Firm?
No, the company is a total sham. Its registration form is counterfeit, and the firm is not authorized to offer any service. If you’ve invested with these fraudsters, contact our recovery experts for help.
Who is the Owner of Meta-Protocol?
The website alleges two different owners, Meta-Protocol.io and Mixed Finance, neither of which is a legitimate business entity.
Source:
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