META GOLD Forex Broker

META GOLD Review Summary Founded 2020 Registered Country/Region Georgia Regulation No Regulation Market Instruments 36 Currency pairs, Metals, Energies, Indices Demo Account Available Leverage 1:1000 (ISLAMIC Account), 1:1000 (STANDARD Account), 1:200 (VIP Account), 1:100 (Ecn Account) Spread Floating Trading Platforms MetaTrader5 Minimum Deposit $100 (ISLAMIC Account), $100 (STANDARD Account), $10000 (VIP Account), $50000 (Ecn Account) Customer Support Phone Number: +995-514-91-00-99, +995-322-15-10-09 Email: Info@metagold.ge, support@metagold.ge, abusereporting@metagold.ge Address: Flat 3, N 11, Victor Naneishvili St., Isani district, Tbilisi, Georgia Contact form What is META GOLD？ META GOLD is an unregulated online trading platform founded in 2020 and registered in Georgia. It offers a range of financial services, including trading in 36 currency pairs, metals, energies, and indices. Traders can choose from various account types with different minimum deposit requirements and leverage levels. Moreover, the platform provides customer support via phone, email, and a contact form. Pros & Cons Pros Cons High Leverage No regulation Multiple account types Multiple Customer Support Channels Pros: High Leverage: META GOLD offers a high maximum leverage of 1:1000 that allows traders to control large positions with a relatively small amount of capital, providing the potential for higher returns on investment. Multiple account types: The platform offers diverse account types, including the ISLAMIC Account, STANDARD Account, VIP Account, and Ecn Account, catering to various trading needs and experience levels. Multiple Customer Support Channels: META GOLD provides various customer support channels including phone, email, address, and contact form, enhancing accessibility and assistance for clients. Cons: No regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform. Is META GOLD Safe or Scam？ META GOLD currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection. Market Instruments META GOLD stands out by offering a versatile array of trading instruments that span across different asset classes. This includes access to a total of 36 currency pairs, providing traders with ample opportunities to engage in forex trading. Additionally, the platform supports the trading of metals, allowing users to explore investments in precious metals like gold and silver. For those interested in energy markets, META GOLD extends its offerings to include energy trading, providing a diversified portfolio.Furthermore, the platform caters to investors looking beyond individual stocks, offering a range of indices for trading. This enables users to participate in the broader market movements and diversify their portfolios across various sectors. Account Types META GOLD provides a range of account options to accommodate diverse trading preferences and capital levels. Traders can choose from various account types, including the Islamic Account with a minimum deposit requirement of $100, the STANDARD Account also starting at $100, the VIP Account requiring a minimum deposit of $10,000, and the Ecn Account designed for more advanced traders with a minimum deposit of $50,000. This flexibility ensures that traders of different experience levels and financial capacities can access META GOLD's trading services tailored to their specific needs. How to Open an Account？ Steps: Click the button ''Open Account'' on the homepage. Fill in the basic information, such as name, email, and mobile number. An email will typically be sent to your registered email address to verify your account. Ensure to check your inbox and spam folders. Click the “Register” button. Leverage META GOLD provides varying levels of maximum leverage across its account types, catering to the diverse risk preferences and trading styles of its users. The Islamic and STANDARD Accounts offer a maximum leverage of 1:1000, providing traders with significant flexibility in managing their positions. The VIP Account, designed for more seasoned traders, offers a maximum leverage of 1:200, striking a balance between risk and reward. For advanced traders seeking a lower leverage ratio, the Ecn Account provides a maximum leverage of 1:100. This tiered approach to leverage reflects META GOLD's commitment to accommodating traders with different risk appetites and experience levels. Spreads & Commissions META GOLD provides floating spreads paired with commission fees across its account types, ensuring transparent and competitive pricing for traders. The Islamic Account features a floating spread with a commission of $3, offering a balance between spread costs and commission fees. Traders opting for the STANDARD Account can benefit from a floating spread with a commission of $5, catering to those seeking a slightly higher level of service. The VIP Account offers a lower commission of $2, making it an attractive option for traders looking for tighter spreads and lower commission costs. Finally, the Ecn Account stands out with zero commission, allowing traders to benefit from the tightest spreads available on the platform. This tiered pricing structure reflects META GOLD's commitment to providing cost-effective trading solutions tailored to the needs of its diverse clientele. Account Type Commission Spreads Islamic $3 floating STANDARD $5 floating VIP $2 floating Ecn $0 floating Trading Platforms META GOLD exclusively offers MetaTrader 5 (MT5) as the primary trading platform for its clients. Renowned for its advanced features and user-friendly interface, MT5 provides traders with a powerful tool to execute trades seamlessly, conduct in-depth market analysis, and access a range of financial instruments. With MetaTrader 5, META GOLD ensures that its clients benefit from a robust and versatile platform, equipped with advanced charting tools, analytical resources, and automated trading capabilities, enhancing the overall trading experience for users. Customer Service META GOLD provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience. Phone Number:+995-514-91-00-99, +995-322-15-10-09 Email: Info@metagold.ge support@metagold.ge abusereporting@metagold.ge Address: Flat 3, N 11, Victor Naneishvili St., Isani district, Tbilisi, Georgia Contact form Conclusion In conclusion, META GOLD offers an extensive range of trading instruments, various account types, high maximum leverage, and various customer support channels, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform. Frequently Asked Questions (FAQs) Q 1: Is META GOLD regulated？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: Does META GOLD offer demo accounts？ A 2: Yes. Q 3: What is the minimum deposit for META GOLD？ A 3: The minimum initial deposit to open an account is $100. Q 4: At META GOLD, are there any regional restrictions for traders？ A 4: Yes. It does not provide services to Turkey, USA, UAE and any relevant jurisdiction that the company is not authorized to operate. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.