MetaGold

MetaGold Information

METAGOLD LLC is a limited liability company registered in Georgia under Identification Number 404651248. According to its Georgian legal confirmation, the company is legally end to operate under activity codes K.66.12.0, Security and commodity contracts brokerage, and K.66.19.0, Other activities auxiliary to financial services, except insurance and pension.

Pros and Cons

Is MetaGold Legit?

MetaGold is regulated by the Mwali International Services Authority (MISA) of Comoros under Forex Trading License No. BFX2025136. The license is held by METAGOLD LTD and is currently listed as Regulated.

What Can I Trade on MetaGold?

MetaGold LLC broker offers trading in over 200 currency pairs, metals, commodities, indices, US stocks, energy and cryptos.

Account Types

MetaGold offers four account types: Crypto, Standard, Elite, and ECN, catering to different trading needs. The Standard account has a low minimum deposit of $100 and leverage up to 1:400, making it suitable for most retail traders. The Elite account requires a higher deposit of $2,000 and offers a lower margin call level. The ECN account provides spreads from 0.1 pips with no commission, while the Crypto account is designed for cryptocurrency trading, supporting over 100 crypto assets and allowing swap trading. Most account types support bonuses and offer access to forex, metals, indices, commodities, and stocks.

Leverage

MetaGold offers maximum leverage of 1:400 across selected account types, allowing traders to increase their market exposure with a relatively smaller initial investment. This flexibility can be useful for experienced traders who understand risk management and want to optimize their trading strategies.

However, leverage can magnify both potential profits and potential losses. Therefore, traders should use leverage carefully and choose a level that matches their trading experience, capital size, and risk tolerance. High leverage may not be suitable for inexperienced traders, as it can lead to rapid losses if the market moves against their positions.

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.