Metadoro

Introduction

Metadoro was founded in 2019 in Mauritius and is currently regulated offshore by the Financial Services Commission (FSC). The broker offers a wide range of trading instruments, though operating under offshore regulation poses certain risks for investors.

Trading Products

Metadoro provides access to a diverse range of assets, including Forex, stocks & ETFs, indices, commodities & energy, precious metals, cryptocurrencies, and bonds.
However, the broker does not support options trading.

Account Types & Leverage

Metadoro states that it offers three types of accounts, but detailed specifications are not disclosed on its official website.

• Forex: leverage up to 1:500
• Indices: 1:100 (standard) or 1:5 (upon request)
• Stocks: 1:10
• High leverage allows for greater profit potential but also carries significant risks.

Spreads & Fees

• EUR/USD spread starts from 0.6 pips.
• Commission fees vary by product:

+ Forex: $4 per standard lot (round turn)

+ Metals: $11 per standard lot

+ Energy: $4 per standard lot

+ Cryptocurrencies: from 0.1%

+ ETFs & Stocks: from 0.006%

+ Indices & Bonds: from 0.004%

Trading Platforms

Metadoro supports multiple platforms:

• Metadoro Web & Mobile – suitable for basic trading.
• MT5 – widely used, with advanced analytical tools.
• The broker does not support MT4 and does not provide demo accounts for practice.

Deposits & Withdrawals

• Minimum deposit: $10
• No fees for deposits or withdrawals
• Methods: bank transfer, ADV Cash, Bitcoin, USDT TRC20, and local online banking in Malaysia, Indonesia, Thailand, and Vietnam.
• Limitation: no credit/debit card or common e-wallet support.

Customer Support

Metadoro offers several support channels:

• Live chat
• Email: support@metadoro.com
• International phone: +442045773260
• WhatsApp & Telegram
• Office address: 3 Emerald Park, Trianon, Quatre Bornes, 72257, Mauritius.

Advantages

• Wide range of trading products
• High and flexible leverage
• MT5 supported
• Low minimum deposit
• No deposit/withdrawal fees
• Multiple customer support channels

Disadvantages

• Offshore regulation, potential risks
• Lack of transparency regarding account types
• No demo accounts
• Some products have commission fees
• Limited payment methods

Conclusion

Metadoro may attract traders with its diverse product offering, high leverage, and cost-effective deposits/withdrawals. However, being regulated offshore, lacking transparency, and not providing demo accounts make it less suitable for beginners or those prioritizing security. Investors should proceed with caution and apply strict risk management when trading with Metadoro.