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/10

META GOLD

Georgia Georgia | 2-5 years |
ECN Account Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://metagold.ge/

Website

Rating Index

Contact

+995 514-91-00-99
https://metagold.ge/
Flat 3, N 11, Victor Naneishvili St., Isani district, Tbilisi, Georgia

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Georgia
Operating Period
2-5 years
Company Name
MetaGold LLC
Email
support@metagold.ge
Contact Number
+995514910099
Company Website
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • metagold.ge
    172.67.185.83
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
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    Company
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Company Profile

Company Profile

Review summary

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.

META GOLD's homepage

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.

No license

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.

Account Types

How to Open an Account?

Steps:

  • Click the button ''Open Account'' on the homepage.

Click the button ''Open Account''
  • 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.

fill in required info

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

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.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Can META GOLD be considered a credible broker?

No, MetaGold LLC cannot be considered a credible broker by mainstream industry standards. The broker's operations are marked by a WikiFX score of 1.39 out of 10 and a suspicious scope of business classification. It lacks any verified licenses from recognized financial authorities, operates without regulatory oversight from Georgia, and presents account terms including a $100 minimum deposit and leverage up to 1:400. The combination of high leverage, a low trust score, and the absence of credible regulation results in an extremely high-risk operational profile.

04-02
United States

Is META GOLD regulated?

MetaGold LLC is not regulated for forex and CFD trading. While the company is registered in Georgia, it does not hold a valid regulatory license from any globally recognized financial authority, such as the FCA, ASIC, or CySEC. Operating without such oversight means client funds are not protected by compensation schemes, and the firm is not subject to standard rules on capital adequacy, client fund segregation, or fair dispute resolution.

04-02
United States

What is the full company name of META GOLD?

The full legal name of this entity is MetaGold LLC.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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