fxmetagold Review: Legitimacy and Risk Check
Short answer: Caution — verify first. fxmetagold (MetaGold) is not an unlicensed operation, but the licence it holds is a low-tier one. Its Mwali entity, METAGOLD LTD, holds MISA Brokerage Licence No. BFX2025136, issued 14 November 2025. Its Georgia company, METAGOLD LLC, has no licence from the National Bank of Georgia, the only authority that licenses forex brokers in Georgia. A low-tier offshore licence gives formality, not strong protection — verify everything before you deposit.
What the regulators found
METAGOLD LTD, registered in Mwali (Moheli), Union of Comoros, holds Brokerage Licence No. BFX2025136 from the Mwali International Services Authority (MISA), issued 14 November 2025. The licence is confirmed in the broker’s own legal information and in independent checks against MISA’s register.
But MISA is a low-tier regulator with light oversight and weak enforcement. It does not require strict capital reserves, segregation of client funds, independent audits, or any investor compensation scheme. The Central Bank of the Comoros refers to MISA as a self-styled regulator and considers its permissions for brokerage activities invalid. And the Georgia company behind fxmetagold.com, METAGOLD LLC (registration No. 404651248), holds no licence from the National Bank of Georgia — the only regulator that licenses forex and CFD brokers in Georgia.
Before you send anything to any unfamiliar platform, read our pig-butchering scam recovery guide and what to do after being scammed recovery guide — the checks in those guides apply before you deposit, not only after a loss.
Other risk signals
- MISA licence BFX2025136 belongs to the Mwali entity only; the Georgia company has no NBG licence.
- MISA is low-tier: no strict capital reserves, no segregated funds requirement, no audits, no compensation scheme.
- The Central Bank of the Comoros considers MISA permissions invalid.
- WikiFX scores MetaGold 5.04 and classifies the licence as low-tier offshore regulation.
- Until November 2025 the platform operated entirely without a licence.
We have reviewed other offshore brokers the same way — see our Brantassets review and AssetCapitalFX review.
What to do if you have already deposited
- Stop depositing more money, even if you are told it will help release a withdrawal.
- Keep screenshots of your account, deposits, chats and emails.
- Contact your bank or card provider promptly and ask about a chargeback or recall.
- Report it to RSF.support, so our team can help you. Fill in the free consultation form on RSF.support with the company name (MetaGold / fxmetagold.com), what happened, and your deposit proof and screenshots. Submit your report to us through that form, and we will guide you on the next steps.
Bottom line
fxmetagold is a caution case, not a clean licence case. It holds a real but low-tier MISA licence (BFX2025136) through its Mwali entity, while its Georgia company is unlicensed and the licence itself carries almost no investor protection. Do not treat the licence as proof of safety. Browse more reviews in our Scam Reviews category before trusting any unfamiliar platform.
Frequently asked questions
Is fxmetagold regulated?
Partly. Its Mwali entity, METAGOLD LTD, holds MISA Brokerage Licence No. BFX2025136. But MISA is a low-tier regulator, and its Georgia company, METAGOLD LLC, has no licence from the National Bank of Georgia.
What does a low-tier licence mean?
It means the regulator does not require strict capital reserves, segregated client funds, independent audits, or an investor compensation scheme. The licence gives the broker formality, not strong protection for your money.
Does the MISA licence cover the Georgia company?
No. The licence belongs to METAGOLD LTD in Mwali, Comoros. It should not be attributed to METAGOLD LLC in Georgia, which is unlicensed.
What should I do if I already sent money to fxmetagold?
Stop depositing, keep all screenshots and proofs, contact your bank or card provider promptly, and report it through the free consultation form on RSF.support.
– **Proposed tags:** MetaGold, MISA licence, low-tier regulation
– **Featured template:** Caution Verify First
– **Issues / warnings:** No regulator warning exists for this entity — this is a Caution post, not a Strong post. Do NOT present the MISA licence as a clean licence claim. Only the pig-butchering guide is in the GSC indexed list (Table.csv); the what-to-do-after-being-scammed guide link is a live RSF guide but is NOT verified as indexed — do not present it as indexed. Company site returned HTTP 200, so a screenshot is possible at publish time.
