Metadoro: Evaluation and Analysis
In-depth review of Metadoro: tradable products, leverage, platform, account type, minimum deposit and spread analysis.
Metadoro is a financial brokerage founded in Mauritius in 2022 and regulated by the Financial Services Commission (FSC) of Mauritius. The platform aims to offer a comprehensive financial trading and investment solution, catering to various needs from long-term investments to short-term trading. This article will detail Metadoro's main features, including its product range, account types, leverage settings, fee structure, and other key functionalities.
Metadoro Overview
Metadoro provides an integrated trading platform that allows users to engage in both long-term investments and short-term trading. The platform supports trading in physical stocks, ETFs, as well as CFDs on forex, cryptocurrencies, and other derivatives, meeting the needs of various investors. Metadoro's distinguishing feature is its combination of long-term growth and short-term gains.
Tradable Products
Metadoro offers a wide range of trading tools across multiple markets:
- Forex (Foreign Exchange): Provides 64 currency pairs, including major pairs (e.g., EUR/USD), minor pairs (e.g., GBP/JPY), and exotic pairs (e.g., USD/TRY).
- Energy Products: Includes trading in Brent Crude Oil, WTI Crude Oil, and Natural Gas.
- Precious Metals: Trade in precious metals such as Gold, Silver, Platinum, Palladium, Copper, Aluminum, Nickel, and Zinc.
- Indices: Covers major global stock indices, including the German DAX, the US Dow Jones (DJI), Nasdaq Composite (NASDAQ), S&P 500, Australia 200 Index (AUS200), France CAC40, and UK FTSE 100.
- Stocks and ETFs: Offers over 2,000 major US and European stocks, such as Tesla (TSLA), Meta Platforms (META), Apple Inc. (AAPL), and various ETF products. Investors can also receive dividends on stocks.
- Cryptocurrencies: Supports trading in 88 cryptocurrency pairs, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Ripple (XRP).
- Agricultural Commodities: Includes Cocoa, Coffee, Corn, Cotton, Soybean, Sugar, and Wheat.
- Bonds: Supports trading in German 10-year Bunds (Euro-Bund 10Y), German 2-year Schatz (Euro-Schatz 2Y), and US 10-year Treasuries (US T-NOTE 10Y).
Account Types and Leverage
Account Types
- Investment Account: Suitable for long-term investors, supports non-leveraged trading. Commission for stocks and ETFs is $0.006 per share, with CFD commissions starting at $0, and no custody or market fees.
- Trading Account: Designed for active traders, offers leverage up to 1:500, lower commissions, and is suitable for frequent trading. Metadoro also provides Islamic accounts to meet Islamic finance requirements.
Leverage
Leverage varies based on account type and trading instruments:
- Trading Account: Maximum leverage of 1:500 for forex, 1:100 for indices, metals, and energy, 1:10 for stocks, 1:5 for ETFs and cryptocurrencies, and 1:33 for agricultural commodities and bonds.
- Investment Account: Leverage of 1:1 for forex, metals, energy, and agricultural commodities; 1:5 for indices, stocks, ETFs, and bonds; 1:5 for cryptocurrencies.
Platform and Technical Support
Metadoro supports the following trading platforms:
- MetaTrader 4 (MT4) and MetaTrader 5 (MT5): Industry-standard platforms for forex traders, offering extensive technical analysis tools and trading features.
- Proprietary Software: Provides unique features and user interfaces to meet different trading needs.
- Web and Mobile Versions: Allows users to trade anytime, anywhere, enhancing trading flexibility.
Fees and Protection
1.Deposits and Withdrawals
Metadoro does not charge deposit or withdrawal fees and supports various payment methods, including bank transfers, ADV Cash, Bitcoin, Tron Tether (TRC20), Binance Tether (BEP20), Tether (ERC20), etc. There are no trading fees, facilitating convenient fund operations.
2.Negative Balance Protection
Metadoro offers negative balance protection to ensure users' accounts do not go into negative balance. In cases of significant market volatility, Metadoro will cover the negative balance loss, protecting users from losses exceeding their account funds.
3.Margin Notifications and Liquidation
- Margin Notifications: MT4 platform margin call level is 70%, while MT5 platform margin call level is 100%.
- Liquidation Level: When available margin falls below 20%, Metadoro will automatically close positions, typically starting with the largest loss positions.
Other Features
- Hedging: Allows opening long and short positions on the same asset simultaneously.
- Copy Trading: Supports copy trading via third-party software.
- Social Trading: Connects for social trading through the MQL5 platform.
Conclusion
Metadoro, with its extensive financial products and flexible account options, is suitable for various traders and investors. Its low entry requirements, high leverage ratios, and diverse trading tools make it a platform worth considering. However, investors should carefully assess their own needs and ensure the platform aligns with their investment strategies and risk tolerance.
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