Metadoro-Some Details about this broker
abstrak：Metadoro was registered in 2019 in Mauritius. In Metadoro, customers can trade indices, stocks, commodities, currencies, and so on. It uses MT5 and Metadoro as its trading platforms, and provides various channels for customer support. However, this company is offshore regulated, and it does not provide much information about account details on its official website.
| Metadoro Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Mauritius |
| Regulation | FSC (offshore) |
| Market Instruments | Indices, stocks, ETFs, commodities, metals, energy, currencies, cryptos, bonds |
| Demo Account | / |
| Leverage | Up to 1:500 |
| EUR/USD Spread | 0.6 pips |
| Trading Platform | Metadoro Web, Metadoro Mobile, MT5 |
| Min Deposit | $10 |
| Customer Support | Online chat, Contact form |
| Tel: +442045773260 | |
| Email: support@metadoro.com | |
| WhatsApp, Telegram | |
| Address: 3 EMERALD PARK, TRIANON, QUATRE BORNES, 72257, Mauritius | |
Metadoro was registered in 2019 in Mauritius. In Metadoro, customers can trade indices, stocks, commodities, currencies, and so on. It uses MT5 and Metadoro as its trading platforms, and provides various channels for customer support. However, this company is offshore regulated, and it does not provide much information about account details on its official website.
Pros and Cons
| Pros | Cons |
| Multiple trading assets | Offshore regulation risks |
| Flexible leverage ratios | Lack of transparency |
| MT5 provided | No demo accounts |
| Low minimum deposit | Commission fees charged |
| No fees for deposits and withdrawals | Credit/debit card and e-wallet payments are not accepted |
| Various channels for customer support |
Is Metadoro Legit?
Metadoro is offshore regulated by The Financial Services Commission (FSC) in Mauritius. Please note that offshore regulation may have potential risks.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| The Financial Services Commission (FSC) | Offshore Regulated | Mauritius | Retail Forex License | C115015381 |
What Can I Trade on Metadoro?
Metadoro provides various products, including indices, stocks, ETFs, commodities, metals, energy, currencies, crypto, and bonds.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Energy | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Bonds | ✔ |
| ETFs | ✔ |
| Options | ❌ |
Account Type
Metadoro offers 3 types of accounts. However, it does not reveal the details of these accounts.
Leverage
For different types of products, the leverage is not the same. The following screenshots show the leverage details of indices, stocks, and currencies. On the whole, the leverage can be up to 1:500 for forex trading. Please be aware of the potential risks brought by high leverage.
| Trading Instrument | Max Leverage (Standard accounts) | Max Leverage (Investment account) |
| Currency Pairs | 1:500 | / |
| Indices | 1:100 | 1:5 (on request) |
| Stocks | 1:10 |
Spread and Commission
The spreads are different depending on the types of currency pairs, as is shown in the screenshot below. For example, EUR/USD spread is 0.6 pips.
As for the commission fees, Metadoro charges different amount of fees according to the types of products.
| Trading Instrument | Commission |
| Currencies | $4 per standard lot, round turn |
| Metals | $11 per standard lot, round turn |
| Energy | $4 per standard lot, round turn |
| Commodities | |
| Cryptos | From 0.1% |
| ETFs & Stocks | From 0.006% |
| Indices & Bonds | From 0.004% |
Trading Platform
Metadoro uses Metadoro Web, Metadoro Mobile, and MT5 as its trading platforms.
| Trading Platform | Supported | Available Devices | Suitable for |
| Metadoro Platform | ✔ | Web, Mobile | / |
| MT5 | ✔ | Web, PC, Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Metadoro does not charge fees for deposits and withdrawals.
| Payment Options | Accepted currencies | Min Deposit | Deposit Time | Withdrawal Time |
| Bank Transfer | USD, EUR | $10 for MT4 and MT5 trading accounts; $100 for and Invest account to buy physical Stocks and ETFs | 15 minutes | 1 business day |
| ADV Cash | ||||
| Bitcoin | BTC, mBTC, sBTC, uBTC | |||
| Tron Tether TRC20 | USDT | |||
| SPEI | MXN | |||
| Local Online Banks in Malaysia, Indonesia, Thailand and Vietnam | MYR, IDR, THB, VND |
Magbasa pa ng marami
Sa likod ng Orfinex Prime Brokerage: Isang kaso ng pagsalangsang at negligencia
Orfinex Prime: Mga Allegasyon ng Negligencia at Paglabas | Ang mga problema ng mga kliyente ay nagpapahayag ng mga hindi ligtas na pamamaraan sa pagbebenta, malinaw na presensya sa Dubai, at mga alalahanin ng pagsalangsang. Gumawa ng mga aksyon para sa proteksyon ng mga mamimili.
The pound, gilts and renewables: the winners and losers under Britain’s future PM
The race to be the next leader of Britain’s ruling-Conservative Party and the country’s prime minister is into its final leg, with the September outcome likely to shape the fortunes of sterling, gilts and UK stocks in coming months.
IMF cuts global growth outlook, warns high inflation threatens recession
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.
Starting Forex Trading: Creating A Profit Plan
A key factor in building a successful and profitable trading career is making your own plans. Your transaction plan will provide a good framework for guiding ever-changing currency prices to profit.
Broker ng WikiFX
Exchange Rate
