METAGOLD foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.fxmetagold.com/en/register, 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
1-2 years Suspicious Regulatory License MT5 Full License Global Business High potential riskCompany profile
MetaGold Information
Forex, commodities, and cryptocurrency are just a few of the financial products that MetaGold, a Georgia-based brokerage that opened for business in 2022, makes available to its clients. The unregulated MetaGold platform offers multiple account kinds with leverage levels up to 1:600.
Pros and Cons
| Pros | Cons |
| Offers various account types | Unregulated |
| High leverage options | |
| Low spreads and fees |
Is MetaGold Legit?
Since MetaGold is not a regulated organisation, it runs under licence from no one acknowledged financial regulating body in Georgia, where it is registered.
Found registered on February 20, 2023, Fxmetagold.com expires February 20, 2025. Updated last on March 17, 2024, it is “clientTransferProhibited” to stop illegal transfers.
What Can I Trade on MetaGold?
MetaGold provides access to roughly 360 trading symbols, which consists of coins pairs, metals, digital currencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Crypto | ✔ |
| CFD | ✔ |
| Indexes | ✔ |
| Stock | ✔ |
| ETF | ❌ |
Account Types
Standard, Islamic (Swap-Free), VIP, ECN, Pro, Gold, Zero, Fix, and two region-specific accounts (AFG and Special) for Afghan traders MetaGold provides a varied array of account kinds to suit different trading demands. Each account contains tight spreads and the minimum deposits fall from $100 to $10,000 with leverage choices up to 1:600.
Account-based variations in features such commission fees, swap charges, and welcome bonuses give beginners, intermediate, and advanced traders who value either cost efficiency, religious conformity, or market execution style choice.
Leverage
With maximum leverage up to 1:600 accessible on several of its account types, MetaGold offers different leverage choices. Higher leverage lets traders boost their market exposure with less initial outlay, hence possibly magnifying wins and losses.
MetaGold Fees
Particularly on some accounts seeking narrow spreads and low or zero charges, MetaGold's fees are lower than industry norms.
| Account Type | Spread | Commission per Lot | Swap Fees |
| Standard | Tight | $0 | Yes |
| Islamic | Tight | $4 | No |
| VIP | Tight | $0 | No |
| ECN | Tight | $0 | No |
| Gold | Tight | $2 | No |
| Zero | Tight | $20 | Yes |
| FIX | Tight | $15 | Yes |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| Web Terminal | ✔ | Desktop, Mobile, Web Browser | Beginners, Intermediate |
| MetaTrader 5 (MT5) | ✔ | Desktop, Mobile, Web | Beginners, Intermediate, Advanced |
Deposit and Withdrawal
The MetaGold deposit and withdrawal fees are free, making transactions cost-effective for dealers. Starting deposits on MetaGold vary by account type, but the lowest is $100.
| Payment Method | Supported Currencies | Fees | Processing Time |
| Cryptocurrency | BTC, ETH, and other digital currencies | Free | Up to 1 business day |
| Perfect Money | USD, EUR | Free | Instant |
| Visa Card | Multiple currencies including USD, EUR | Free | 1-2 business days |
| Mastercard | Multiple currencies including USD, EUR | Free | 1-2 business days |
| Local Payment Gateways (IRR, AFN, AMD, AED, etc.) | IRR, AFN, AMD, AED, GEL, KWD, OMR, PKR, RUB, THB, TRY, VND, EGP, IQD | Free | Up to 1 business day |