Metabase forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc
Business
License
The forex market plays a crucial role in the global economy, facilitating the exchange of currencies and influencing trade and investment flows. Among the myriad of brokers operating in this vast landscape, Metabase Trade has emerged as a notable player, providing a diverse range of trading instruments and services. This article aims to answer three core questions about Metabase Trade: What are the trading conditions and offerings? How does its trading platform perform? What are the advantages and disadvantages of trading with Metabase?
Established | Regulatory Authority | Headquarters | Minimum Deposit | Leverage | Average Spread |
---|---|---|---|---|---|
2021 | None | China | $100 | 1:500 | 1.5 pips |
Metabase Trade was founded in 2021 and operates without any valid regulatory oversight, which poses a significant risk for potential traders. Its headquarters is located in China, and the broker offers a minimum deposit requirement of $100, making it accessible for new traders. The leverage offered is competitive at 1:500, allowing traders to amplify their positions significantly. However, the average spread of 1.5 pips is slightly above the industry standard, which typically ranges from 1.0 to 1.3 pips for similar brokers.
When comparing Metabase's trading conditions with industry benchmarks, it becomes evident that while the leverage is attractive, the lack of regulation raises concerns regarding transparency and investor protection. Traders should carefully consider these factors before engaging with the broker.
Metabase Trade offers a proprietary trading platform known as cTrader, which is compatible with Windows, iOS, and Android devices. The cTrader platform is designed to provide a user-friendly experience, featuring advanced charting tools, automated trading capabilities, and a wide range of technical indicators.
Currency Pair Category | Number Offered | Minimum Spread | Trading Hours | Commission Structure |
---|---|---|---|---|
Major Currency Pairs | 40 | 1.0 pips | 24/5 | Varies |
Minor Currency Pairs | 25 | 1.5 pips | 24/5 | Varies |
Exotic Currency Pairs | 15 | 2.0 pips | 24/5 | Varies |
Metabase Trade provides access to a diverse range of currency pairs, including major, minor, and exotic pairs, which cater to different trading strategies. The execution speed on the cTrader platform is generally fast, with minimal slippage reported by users. However, traders should remain cautious, as slippage can occur during high volatility periods.
The trading conditions offered by Metabase Trade, such as the variety of currency pairs and competitive spreads, make it an appealing option for traders looking to diversify their portfolios and capitalize on market movements.
Metabase Trade implements several security measures to protect client funds, including segregated accounts and encryption protocols. However, the lack of regulatory oversight means that traders are advised to conduct thorough due diligence before investing.
Customer satisfaction ratings are mixed, with some users appreciating the trading conditions, while others express concerns about the lack of regulatory protection.
One effective trading strategy suitable for Metabase Trade's platform is the Trend Following Strategy. This strategy involves identifying and following the prevailing market trend using technical indicators such as moving averages and the Relative Strength Index (RSI). Traders can enter positions in the direction of the trend and utilize stop-loss orders to manage risk.
In conclusion, Metabase Trade presents a range of competitive trading conditions and a user-friendly platform. However, the lack of regulation and limited educational resources may deter some traders. This broker is best suited for experienced traders who are comfortable navigating potential risks and looking for diverse trading opportunities in the forex market.
Q1: Is Metabase Trade regulated?
A1: No, Metabase Trade operates without valid regulatory oversight, which poses risks for traders.
Q2: What trading platform does Metabase Trade offer?
A2: Metabase Trade offers a proprietary platform called cTrader, which supports various devices and provides advanced trading features.
Q3: What is the minimum deposit required to start trading?
A3: The minimum deposit required to open an account with Metabase Trade is $100.
Trading in forex and other financial markets involves significant risk and may not be suitable for all investors. It is important to assess your risk tolerance and seek independent financial advice if necessary.
Trade forex/fx with top brokers: legit global platforms/apps. Read reviews for the best trading experience.