MetaGold

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

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.

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.

Trading Platform

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.