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Metadoro-Some Details about this broker

WikiFX | 2024-12-05 10:52

Abstract：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	1:5 (on request)

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	$4 per standard lot, round turn
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	USD, EUR
Bitcoin	BTC, mBTC, sBTC, uBTC
Tron Tether TRC20	USDT
SPEI	MXN
Local Online Banks in Malaysia, Indonesia, Thailand and Vietnam	MYR, IDR, THB, VND

Forex Broker Forex trading

Related broker

No Regulation

Metadoro

Company name：RHC Investments

Score

2.22

Website：https://metadoro.com/

2-5 years | Suspicious Regulatory License | MT5 Full License | White label MT4

Score

2.22

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