Company profile
Metadoro Review SummaryFounded2019Registered Country/RegionMauritiusRegulationFSC (offshore)Market InstrumentsIndices, stocks, ETFs, commodities, metals, energy, currencies, cryptos, bondsDemo Account/LeverageUp to 1:500EUR/USD Spread0.6 pipsTrading PlatformMetadoro Web, Metadoro Mobile, MT5Min Deposit$10Customer SupportOnline chat, Contact formTel: +442045773260Email: support@metadoro.comWhatsApp, TelegramAddress: 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 ConsPros Cons Multiple trading assetsOffshore regulation risksFlexible leverage ratiosLack of transparencyMT5 providedNo demo accountsLow minimum depositCommission fees chargedNo fees for deposits and withdrawalsCredit/debit card and e-wallet payments are not acceptedVarious channels for customer supportIs Metadoro Legit? Metadoro is offshore regulated by The Financial Services Commission (FSC) in Mauritius. Please note that offshore regulation may have potential risks.Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.The Financial Services Commission (FSC)Offshore RegulatedMauritiusRetail Forex LicenseC115015381What 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 InstrumentMax Leverage (Standard accounts)Max Leverage (Investment account)Currency Pairs1:500/Indices1:1001:5 (on request)Stocks1:10Spread 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 InstrumentCommissionCurrencies$4 per standard lot, round turnMetals$11 per standard lot, round turnEnergy$4 per standard lot, round turnCommoditiesCryptosFrom 0.1%ETFs & StocksFrom 0.006%Indices & BondsFrom 0.004%Trading Platform Metadoro uses Metadoro Web, Metadoro Mobile, and MT5 as its trading platforms.Trading PlatformSupported Available Devices Suitable forMetadoro Platform✔Web, Mobile/MT5✔Web, PC, MobileExperienced tradersMT4❌/BeginnersDeposit and Withdrawal Metadoro does not charge fees for deposits and withdrawals.Payment Options Accepted currenciesMin Deposit Deposit TimeWithdrawal Time Bank TransferUSD, EUR$10 for MT4 and MT5 trading accounts; $100 for and Invest account to buy physical Stocks and ETFs15 minutes1 business dayADV CashBitcoinBTC, mBTC, sBTC, uBTCTron Tether TRC20USDTSPEIMXNLocal Online Banks in Malaysia, Indonesia, Thailand and VietnamMYR, IDR, THB, VND
Venki
United States
When trading on Metadoro, I'm super happy with their leverage levels, it's like I'm raking in the dough! And there's so many trading assets to choose from, it's just awesome.
Positive
2024-07-18