Metadoro is a Mauritius-regulated broker providing access to a broad spectrum of financial markets – including both physical equities and CFD derivatives. At Metadoro, there is no need to choose between trading and investing, as they offer a combined approach where long-term growth (investing in physical stocks and ETFs) meets short-term gains in Forex, Crypto, and other CFD derivatives trading.
In this article, you’ll get a review of this broker, including analysis and instructions to open an account with Metadoro.
Here’s what you’re going to learn:
Metadoro is a Forex (CFDs) broker located in Mauritius and was founded in 2022.
When trading with Metadoro you can choose between a trading account or an investing account depending on your trading style.
Metadoro is a Forex broker that gives you a wide range of instruments to trade besides Forex.
You have literally thousands of instruments available to you, which includes a huge selection of stocks that it’s not normal to see on a Forex/CFDs broker.
Here’s a list of all of the instruments that you can trade with Metadoro:
To open a real account with Metadoro you need to deposit a minimum of $1.
You don’t need to deposit anything if you’re just trying the broker and testing a demo account.
The Metadoro leverage varies according to the product you are trading and the account type you’re trading. The leverage is as high as 1:500.
Here’s the maximum leverage provided by Metadoro for each instrument and account type:
According to Trustpilot, Metadoro is classified as great. It’s scoring a 4.2/5.0. It just doesn’t have many reviews yet, only 48.
When you open an account with Metadoro, you can be sure that you will be trading with a regulated broker.
The regulations and licenses come from:
Metadoro gives you access to the most popular trading platforms used by Forex brokers. Whether you want to trade using software on your computer, an online platform, or even a mobile app, Metadoro has you covered.
These are the most popular Forex trading platforms in the world. Winners of infinite awards with fast execution, advanced technical analysis tools and indicators, and the possibility of automated trading.
You can access this platform from any computer since you don’t need to have any software installed. View, trade, and manage all your accounts with a single login from anywhere in the world.
There are two account types provided by Metadoro tailored for your specific trading style.
They are the Investing account and the Trading account:
Islamic accounts are available upon request.
Professional accounts exist in brokers regulated in the EU, to give you access to a bigger leverage.
Since Metadoro offers regulation in different parts of the planet, you can easily get access to an account with a higher leverage, with the same characteristics as an EU professional account.
But there’s more.
If you are a High-Value trader or a High Net Worth Individual investor, you can access premier solutions from Metadoro.
If you’re looking for a bonus, Metador may be the right broker for you.
They frequently run campaigns giving up to 100% of the deposit bonus. Meaning that you can trade with the double of the money that you deposited with them.
Sounds good?
So claim your bonus now:
There’s no no-deposit bonus right now.
If you need to contact Metadoro here are their contacts and location:
You can deposit and withdraw funds using the following methods:
They charge 0 commission on any deposit or withdrawal, making it completely free of charge.
Yes, Metadoro offers a negative balance protection.
If for any reason your account goes into negative balance, Metadoro will take that loss and reset your balance back to 0. Unlike many brokers, with Metadoro you don’t risk getting losses bigger than your deposits.
Metadoro margin call is 70% for MT4 and 100% for MT5.
This means that on MT5 you always need to maintain an equity that is bigger than the margin required to keep your positions open, and 70% on the MT4 case.
If your equity (Balance + Open Profit or Loss) falls below the required margin you will receive a margin call.
When you trade with Metadoro, the margin stop-out level is 20%.
What this means is that your free margin must always be above 20%. If it falls under this value, the platform will start to automatically close your positions to keep the free margin above the threshold.
Typically, the positions are closed from the largest losing position to the smallest one.
Metadoro doesn’t offer Micro Accounts to its customers.
Metadoro keeps improving and now they offer a free VPS to all their users.
It works in three simple steps:
Now you’re ready to run your EA and access it from anywhere in the world.
There is no inactivity fee with Metadoro.
You don’t need to worry about leaving your account dormant without taking trades.
Yes, Metadoro is a legit broker and company.
On the other hand, it doesn’t provide services to residents of some countries, or a country where providing that service would be contrary to the local law or regulation.
There are no restrictions against hedging with your Metadoro account. Hedging accounts are the default with Metadoro.
This means that you can open long and short positions on the same symbol at the same time.
If you don’t like hedging accounts, there’s also an alternative. They are called the NET accounts. With these types of accounts, on each specific symbol, you can only have one single position in one direction.
Net accounts are especially useful when you want to be able to add and reduce your position size.
You are allowed to do copy trading on your Metadoro account.
The signals you copy can come from any source. Just install your favorite copy-trading software and watch your account mirror the copy-trading source that you chose.
With Metadoro you can connect your MT4/MT5 account to one of the best social trading sources: MQL5.
There’s no social trading service from Metadoro itself.
When trading Metadoro forex currency pairs, your lot sizes start at 0.01 and can go up to 100.
If you trade other symbols, like indices, or metals, the maximum lot sizes may vary.
Metadoro has Forex spreads starting as low as 1 point.
The minimum amount to be able to request a withdrawal from Metadoro is $1.
There are also no deposit/withdrawal fees involved.
Metadoro accepts residents from all over the world except some specific countries. Metadoro doesn’t provide services for residents from the United States, and a few other countries, the ones that are usually sanctioned.
These countries are currently: Mauritius, United States of America, Afghanistan, American Samoa, Anguilla, Dominica, Fiji, Guam, Palau, Panama, Trinidad and Tobago, Virgin Islands (U.S.), Vanuatu, Central African Republic, Congo (Democratic Republic of the), North Korea, Ukraine, Russia, Iran, Iraq, Indonesia, Libya, Mali, Somalia, Sudan, Yemen, State of Palestine.
Here is a list of the best Metadoro alternatives:
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