MetaGold broker is a forex broker with a special focus on Persian-speaking users that has been offering its services on MetaTrader 5 since 2022, providing access to forex, stocks, indices, commodities, metals and cryptocurrencies. In this overview, the Teagle editorial team reviews MetaGold's infrastructure, accounts, payment methods and legal status based on Teagle's data; a broker that is easy to access, but whose legal safety raises serious questions.

What kind of broker is MetaGold?

MetaGold has about 4 years of history and, according to the Teagle team's research, is registered in Georgia. According to Teagle's expert, this broker has performed notably in building suitable infrastructure for Iranians: a dedicated server, a WebTrader and a portable version of MetaTrader that can be used with the national internet, direct Rial deposits through a payment gateway (without going through an intermediary exchange), a phone number inside Iran for when the user has no internet access at all, and Persian support. Its advertised services also include bonuses, education, copy trading, expert advisors and trading robots, an IB program, an economic calendar, calculators and a specialized glossary. MetaGold also offers proprietary tools such as a backtest expert and a money management expert. It has also been more transparent than many of its peers in publishing its legal information, financial policies and verification process.

MetaGold broker licenses and credibility

No active license is recorded for MetaGold in Teagle's license list. Company registration in Georgia does not by itself count as a financial services license; company registration only confirms the legal existence of the company and involves no oversight of client fund safekeeping or complaint handling. There is also no compensation fund or independent dispute resolution body, and the names of none of the directors or founders have been published. So MetaGold's operational advantages should not be mistaken for legal safety. To learn about the levels of oversight, read the guide to regulation and broker tiers and the article offshore and onshore brokers .

MetaGold trading accounts

MetaGold has four accounts with floating or raw spreads:

• Standard account: minimum deposit $100, spreads from 0.3 pips, commission from $2, leverage up to 1:400, stop-out at 15%, more than 260 symbols and an Islamic version.
• Crypto account: minimum deposit $500, variable spread, commission charged, leverage up to 1:50, stop-out at 15%, more than 134 symbols and no Islamic version.
• Elite account: minimum deposit $2,000, spreads from 0.1 pips, commission from $4, leverage up to 1:300 and stop-out at 10%.
• ECN account: minimum deposit $500, raw spreads from 0.3 pips, leverage up to 1:400 and stop-out at 15%; in Teagle's table, this account's commission is recorded as "none".

The margin call level of no account is recorded in the data. Stop-outs of 10% and 15% are low, meaning the account stays open until it is close to zero; weigh this against the guide to margin and collateral . Teagle's expert recommends getting the account details, currency conversion fees, negative balance protection and margin call rules from the broker in writing.

MetaGold trading platforms

Trading at MetaGold is done on MetaTrader 5 for Windows, Mac, Android and iOS, the WebTrader and the portable version of MetaTrader. According to Teagle's data, the portable version and the WebTrader work with the national internet; see the list of brokers offering this feature in the article forex brokers compatible with the national internet . If you use this broker's automated tools, the article expert advisor or trading robot is also useful.

Deposits and withdrawals at MetaGold

• Cryptocurrency: minimum deposit equivalent to 100 Tether (USDT), free and instant deposits; minimum withdrawal equivalent to $10 with a 0.3% fee (minimum $3).
• Visa and Mastercard: minimum deposit and withdrawal equivalent to $100, instant; withdrawal fee according to the originating bank.
• Fiat currencies including the Rial: minimum deposit equivalent to $100 and minimum withdrawal equivalent to $10; deposit time 2 to 3 business days and fees according to the bank.
• Perfect Money: minimum equivalent to $100, instant, at Perfect Money's official rates.

MetaGold's score and risk on Teagle

MetaGold's final score on Teagle is 1.5 out of 5, derived from only two sources: Teagle's expert 2 and WikiFX 1; no reviews from Teagle users have been submitted yet. MetaGold's Teagle Eye risk index is 81 out of 100, in the "very high risk" category; the lack of any active license, low credibility scores and a short track record are the main reasons. See this broker alongside other high-risk brokers in the list of high-warning brokers .

Pros and cons of MetaGold broker

• Pro: dedicated server, WebTrader and portable version compatible with the national internet
• Pro: direct Rial deposits via payment gateway and a phone number inside Iran
• Pro: proprietary tools such as a backtest expert and money management
• Con: no financial regulatory license; the Georgia registration is only a company registration
• Con: no compensation fund or independent dispute resolution body
• Con: names of directors and founders not published

Who is MetaGold suitable for?

In terms of access, MetaGold is one of the simplest options for Iranian users, especially under internet restrictions. But with a "very high" risk on the Teagle Eye index, it is not suitable for serious capital or for those who need the possibility of legal recourse. Before deciding, put it side by side with another Persian-speaking broker in the MetaGold vs. OpoFinance comparison .

Conclusion

MetaGold broker has built good practical infrastructure for Iranians, but easy access is no substitute for credible financial oversight. Start with a small amount, get the account terms in writing, make a test withdrawal and follow the latest warnings on Teagle's risk warning page .