Metadoro-Some Details about this broker

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

Is Metadoro Legit?

Metadoro is offshore regulated by The Financial Services Commission (FSC) in Mauritius. Please note that offshore regulation may have potential risks.

What Can I Trade on Metadoro?

Metadoro provides various products, including indices, stocks, ETFs, commodities, metals, energy, currencies, crypto, and bonds.

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.

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 Platform

Metadoro uses Metadoro Web, Metadoro Mobile, and MT5 as its trading platforms.

Deposit and Withdrawal

Metadoro does not charge fees for deposits and withdrawals.