METAGOLD

Yes, there are commissions for the Zero account, which charges $20 per lot. However, for the Standard, VIP, and ECN accounts, there are no commission fees, which is a big plus for me since I prefer accounts that don’t add additional costs on top of spreads.

The main con for me is that MetaGold is unregulated. This introduces additional risks, particularly regarding fund safety. Additionally, the minimum deposit for some accounts is relatively high (for example, the ECN account requires $50,000), which could be a barrier for smaller traders.

MetaGold’s withdrawal times depend on the method used. Cryptocurrency withdrawals are processed within up to 1 business day, while Visa and Mastercard withdrawals typically take 1-2 business days. I think crypto withdrawals are the fastest option if I need quicker access to my funds.

The minimum deposit for the Standard account is $100, which is very accessible for me, especially if I’m just getting started. However, for the VIP and ECN accounts, the minimum deposit is significantly higher ($10,000 and $50,000, respectively), which could be a barrier for smaller traders like me.