METAGOLD foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.fxmetagold.com/en/auth/sign-up?returnUrl=%2Fen%2Fdashboard, about the company's legal and temporary regulatory information, the company's address Flat 3, N 11, Victor Naneishvili St., Isani district, Tbilisi, Georgia.
METAGOLD Forex Broker
Basic Information
Georgia
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Rating Index
MetaGold Forex Broker - Complete Information Guide
1. Broker Overview
MetaGold Financial, often referred to as MetaGold broker, was established to provide innovative investment solutions in the evolving landscape of digital assets. The company, headquartered in Tbilisi, Georgia, operates as a private entity focused on the burgeoning market of digital gold certificates. MetaGold Financial aims to cater to a diverse clientele, including retail investors and institutional clients, by offering unique products that blend traditional investment methods with modern technology.
The journey of MetaGold began with the introduction of digital gold certificates, which allow investors to own and trade gold without the complexities of physical storage. This innovative approach has been a significant milestone in the company's development, reflecting its commitment to enhancing the investment experience through blockchain technology. The company's core business model revolves around retail forex trading and the provision of digital gold investment opportunities, setting it apart in a crowded market.
2. Regulatory and Compliance Information
MetaGold broker operates under the regulatory oversight of the Ministry of Justice of Georgia, which provides a framework for its financial services. The broker is committed to maintaining high standards of compliance, including Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, to ensure the safety and security of client funds.
The primary regulatory license is issued by the Ministry of Justice of Georgia, with the reference number 404651248. This license covers a range of financial activities, including forex trading and digital asset management. The company adheres to strict client fund segregation policies, ensuring that client assets are protected and separate from the company's operational funds.
Additionally, MetaGold broker does not currently participate in any investor compensation schemes, which may pose a risk for clients in the event of financial difficulties. Therefore, potential investors are encouraged to conduct thorough research before engaging with the broker.
3. Trading Products and Services
MetaGold broker offers an extensive range of trading products, catering to various investment preferences. The broker provides access to numerous forex currency pairs, including major, minor, and exotic currencies, allowing traders to diversify their portfolios effectively.
In addition to forex, MetaGold offers Contracts for Difference (CFDs) on a variety of assets, including indices, commodities, stocks, and cryptocurrencies. This diverse product offering enables clients to engage in multiple markets, enhancing their trading opportunities.
The company is particularly noted for its innovative digital gold certificates, which allow investors to participate in the gold market without the need for physical storage. These certificates are backed by a basket of stablecoins, providing stability and liquidity. MetaGold continually updates its product offerings, ensuring that clients have access to the latest investment opportunities in the dynamic financial landscape.
4. Trading Platforms and Technology
MetaGold broker supports the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are renowned for their user-friendly interfaces and advanced trading tools. These platforms provide traders with the ability to analyze market trends, execute trades efficiently, and utilize automated trading strategies through Expert Advisors (EAs).
While the broker primarily relies on these established platforms, it also offers a web-based trading solution for clients who prefer to trade without downloading software. Additionally, MetaGold provides mobile trading applications for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go.
The broker employs an ECN (Electronic Communication Network) execution model, which ensures that trades are executed at the best available prices with minimal latency. This technology infrastructure is supported by strategically located servers, enhancing order execution speed and reliability.
5. Account Types and Trading Conditions
MetaGold broker offers several account types to cater to the diverse needs of its clients. The standard account requires a minimum deposit, with competitive spreads and commissions that vary based on market conditions. For more experienced traders, the broker provides advanced account types with enhanced features and lower trading costs.
The broker's accounts typically offer leverage ratios that range from 1:100 to 1:500, depending on the asset class and market conditions. Additionally, MetaGold provides a demo account option for new traders to practice their skills without risking real capital.
The broker's overnight fees and minimum trade sizes are clearly outlined in its trading conditions, ensuring transparency and allowing traders to make informed decisions.
6. Fund Management
MetaGold broker supports a variety of deposit methods, including bank transfers, credit cards, and popular e-wallets. The minimum deposit requirements vary by account type, ensuring accessibility for a wide range of investors.
Deposits are processed promptly, with most methods offering instant credit to trading accounts. The broker does not impose deposit fees, allowing clients to maximize their initial investments.
Withdrawal options are equally flexible, with processing times that typically range from one to three business days, depending on the chosen method. MetaGold maintains a clear fee structure for withdrawals, ensuring that clients are aware of any applicable charges before initiating transactions.
7. Customer Support and Educational Resources
MetaGold broker provides robust customer support through various channels, including telephone, email, and live chat. The support team is available during business hours, accommodating clients across different time zones.
The broker offers multi-language support, ensuring that clients from diverse backgrounds can receive assistance in their preferred language. Additionally, MetaGold provides a range of educational resources, including webinars, tutorials, and market analysis, to help clients enhance their trading knowledge and skills.
Traders can also access various trading tools, such as calculators and economic calendars, to aid in their decision-making processes.
8. Regional Coverage and Restrictions
MetaGold broker primarily serves clients in Georgia and surrounding regions, with plans to expand its services to a broader international market. The broker maintains regional offices to support its growing client base.
However, certain countries may be restricted from accessing MetaGold's services due to regulatory limitations or internal policies. Prospective clients are encouraged to verify their eligibility before attempting to open an account.
In summary, MetaGold broker is positioned as an innovative player in the financial services sector, offering a unique blend of traditional and digital investment opportunities. With its commitment to regulatory compliance, diverse product offerings, and advanced trading technology, MetaGold is well-equipped to meet the needs of modern investors.