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Metogence Review | Is There the Potential Risk of Being a Scam?

by Kevin Berry
Rating: 
  1/5   Reviews: 3
Metogence - logo

As the emergence of companies investing in AI became inevitable, it was only a matter of time before entities like Metogence would come into existence. However, we wouldn’t rush to entrust all our funds to such a company, not only due to the potential risk of it being a scam, but also for several other reasons. Read our review to stay informed.

Highlights

🏛️ Country UK
⚠️ Regulation
🖥️ Website https://www.metogence.com/, https://metogence.trade/
🎲 Demo Account No
⏳ Start Time 2023
💲 Minimum Deposit $25
⚖️ Yield From 1,5% per day
⚙️ Investment Term 200 days
📨 E-mail info@metogence.com
📞 Phone +44 744 142 8281

First Impression of Metogence.trade

The official website of Metogence has a niche appearance, so to speak. It is adorned with numerous robots, aiming to give the impression that the project is closely related to artificial intelligence. However, the overall visual presentation seems a bit excessive, as the main page is overloaded with visual content. Unfortunately, they seem to have missed the mark when it comes to the textual aspect. In essence, the company merely engages in spatial reasoning about why investing in AI is crucial and how unique their approach is. In summary, there is nothing groundbreaking. It’s the same self-praise, just wrapped in a different package.

Metogence - website

Partnership and Bonuses

Of course, Metogence has a partnership program, and quite an enticing one at that. You can receive referral payouts ranging from 7% to 12%. However, it’s not entirely clear what determines this range. It could depend on the type of account you open or perhaps the account type of your referred individuals. It’s advisable to consult with their support team regarding this matter. Nevertheless, we would like to remind you that such substantial payouts in a referral program quietly raise suspicions and hint at the possibility of Metogence being a Ponzi scheme.

Account Opening on Metogence.trade

Metogence offers the most typical form of registration, with one notable exception — entry is only allowed through invitations. You must enter a referral code in the corresponding field and choose either the left or right direction in the referral program. Your referrer should provide you with this information. Without these details, access to the personal account is impossible. It’s worth noting that reputable investment companies do not typically restrict access to their client portals with referral codes. This further raises concerns about Metogence potentially being a Ponzi scheme.

Register

Verification

Metogence makes no mention of KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. The information they collect is limited to the user’s name, contact details, and payment information (cryptocurrency). It appears that this project lacks proper verification measures. However, we cannot definitively state this as we haven’t seen the personal account. There might be a document upload form available there for the required verification, but we cannot confirm this.

The absence of verification in a financial project can have several negative consequences. Without a verification process, the project may attract dishonest participants who can use fake identification information or steal others’ accounts. Besides, customer verification is a key mechanism in combating money laundering and terrorist financing.

Pros
  • None.
Cons
  • Most likely verification is not necessary.

How Can I Invest In Metogence?

Some users may already be rubbing their hands in anticipation of huge profits, but let’s take a closer look at what Metogence actually offers.

All Info About Tariffs

The investment company presents five tariff plans, which, quite frankly, sound rather amusing, don’t they? You can start investing with as little as $25, and all plans have a duration of 200 days.

Let’s briefly go through the characteristics of each plan.

Type Min. Deposit Roi Referral
Bronze $25 1,5% 7%
Silver $500 1,75% 8%
Gold $5,000 2% 9%
Diamond $25,000 2,25% 10%
Platinum $100,000 2,5% 12%

As you can see, it becomes apparent that we’re not dealing with an investment company, but rather a typical High-Yield Investment Program (HYIP).

Meanwhile, how does Metogence generate such enormous profits? Well, the answer to that question is nothing short of laughable. Apparently, the project utilizes trading robots. And hold your breath, these robots trade on platforms like Binance, “Kreken”, “Houbi”, and others. If you think this might be our typo, you’re mistaken. That’s just the type of crypto industry experts working at Metogence.

Typo

Pros
  • None.
Cons
  • High minimum deposits.
  • Too high payouts.
  • No guarantees.

Market Analysis and Education With Metogence.trade

We don’t know exactly how Metogence conducts market analysis, but if they claim to use artificial intelligence for that purpose, it is undoubtedly a failure. The fact is that, currently, the predictive abilities of any neural network leave much to be desired. Neural networks are currently only effective at trading based on predetermined parameters, such as in the case of trading robots. However, they are not yet capable of making high-level decisions on where to invest.

If Metogence relies solely on artificial intelligence for market analysis without any human expertise or validation, it raises serious concerns about the accuracy and reliability of their investment strategies. Investing solely based on the decisions of AI algorithms can be highly risky and unpredictable.

Deposit, Withdrawal, and Fees

Metogence only accepts deposits and processes withdrawals in cryptocurrency. This approach can have several drawbacks and risks for investors.

Cryptocurrencies are known for their high price volatility. The value of cryptocurrencies can fluctuate significantly within short periods, which introduces an additional level of risk to investors. Besides, while cryptocurrencies offer certain security features, they are not immune to cyber threats and hacking attempts.

Also, we should note that anonymous deposit methods such as cryptocurrencies (without alternatives) are usually found only on scam platforms.

Features Metogence CosechaFX Monix Capital Limited
Debit/Credit Cards
Electronic Payments
Crypto Transfers ✔️ ✔️ ✔️
Deposit Fee
Withdrawal Fee

How Can I Contact It?

Metogence encourages users to stay connected through various channels, including phone numbers, email, and social media platforms. However, it’s worth noting that the project’s social media accounts appear to have inflated follower counts. This raises questions about the legitimacy and credibility of their online presence.

Pros
  • Full contacts.
Cons
  • Most likely fake followers.

Is Metogence Dangerous?

Metogence may boast about itself extensively, but in reality, its claims hold little substance. It’s time to unveil the true nature of this scam.

How Long Does The HYIP Work?

Considering that the project’s main premise revolves around artificial intelligence, it’s evident that this HYIP emerged relatively recently. By conducting a domain check, we discovered just how recent it is. According to the Whois service, the website was created on April 20, 2023.

Domain info

Update

Well, this HYIP turned out to be long-lasting. Now it operates on the domain https://metogence.trade/, however, the last one expires on August 6, 2024. We’ll be watching!

How Is Metogence Regulated?

Now, there are HYIPs that actually pay investors a percentage of their deposits for a certain period. However, these HYIPs offer much lower returns and openly acknowledge their nature as high-yield investment programs. They don’t fabricate stories about robots trading on non-existent exchanges like “Kreken” and “Houbi”.

Meanwhile, Metogence claims to be legally registered in the United Kingdom, the United States, and Uganda. They even provided copies of the certificates as evidence. Interestingly, the company is indeed listed in the UK registry, but its declared activities pertain to retail sales via mail and the internet, which is quite different from investment operations. Furthermore, this company is not authorized by any regulatory body, meaning it lacks the legal authority to collect client funds and make investments on their behalf.

Features Metogence CosechaFX Monix Capital Limited
European Zone
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

Kevin Berry
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Expert Opinion

You know what, I’ve got a hunch about these AI-related scams. It’s like the NFT craze all over again, but where are those NFTs now? Exactly my point. As someone who’s been in the trading and investing game, I can tell you this: be wary of these flashy promises and hyped-up claims. Trust me, the AI revolution is real, but it’s still finding its footing in the financial world. So, watch out for the wave of AI scams coming your way. Stay smart, stay informed, and don’t fall for the hype, my friends. Oh, one more point. Kreken? Houbi? Lol.

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Metogence rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

3 reviews about Metogence

John Torres May 18, 2023 - 09:16
Sh*tty HYIP.
The level of trust

You are crazy if you invest here.

Reply
Louis June 9, 2023 - 20:48
Hidden financial pyramid.
The level of trust

All this AI, robots, and cryptocurrencies are just a smokescreen to divert attention from the real deal. The most important thing to understand about Metogence is that it’s built on a financial pyramid, a Ponzi scheme. It relies on current investors/users to bring in new participants and keep the system running. It’s similar to that project, StepN, where you get paid in tokens for taking steps. But here’s the catch: the token price is propped up solely by new investors’ purchases, and when the influx of investors dries up, the returns plummet. It’s the same nonsense here. It’s all dependent on investors, so investing in such an asset is dubious at best. And let’s not even talk about the shady characters behind this project. They are scammers, and I have no desire to delve into their details. Suffice it to say, it’s a blatant financial pyramid, and the fact that the project forcefully conceals it is telling.

Reply
Monica Jackson June 22, 2023 - 15:01
I don't see anything good.
The level of trust
Quick withdrawal of funds
Efficiency of technical support

The conditions may be interesting, but my account got blocked. I lost a significant amount of money here, and I don’t want to embarrass myself by stating the exact figure, but trust me, it’s not small. I managed to withdraw $50 in the early stages, but that’s peanuts compared to what I lost. It seems they caught on to my intention to withdraw funds, even though I never had such thoughts, and simply blocked me. I contacted support, but silence prevailed.

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