Metadoro
Pros and Cons
Pros
- Regulated by the Financial Services Authority (FSA) of Mauritius
- Diverse range of trading instruments including forex, commodities, and cryptocurrencies
- Advanced trading platforms: MetaTrader 4 and MetaTrader 5
- Customer support available 24/7 through multiple channels
- Client funds protected through segregated accounts
Cons
- Regulated by the Financial Services Authority (FSA) of Mauritius, which has weaker oversight
- Blacklisted by Ukrainian financial authorities due to questionable investment practices
- Lack of transparency regarding ownership and operational details
- High inactivity fee of 20 EUR after six months
- Limited educational resources and support materials for traders
Basic Information
User Reviews
Metadoro Overview
Metadoro, established under the full name RHC Investments, operates from its headquarters in Mauritius. As a regulated broker, it adheres to the standards set by the Financial Services Authority (FSA) of Mauritius, ensuring a secure trading environment for its clients. With an operating period of 2-5 years, Metadoro has positioned itself as a credible player in the forex trading landscape, offering a reliable platform for both novice and experienced traders seeking to engage in the financial markets.
The broker provides a diverse range of trading instruments, including forex, commodities, and CFDs, catering to various trading styles and preferences. Metadoro’s platform is designed with advanced technology, offering features such as real-time data analytics, customizable trading strategies, and a user-friendly interface. Customer support is available to assist clients, ensuring a responsive and helpful experience. With a commitment to innovation and security, Metadoro stands out in the marketplace by prioritizing client fund protection and continuously enhancing its trading platform to meet the evolving needs of traders.
Is Metadoro Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Financial Services Authority (FSA) | Mauritius | Segregated Accounts |
Is Metadoro Regulated and How Are Client Funds Protected?
Metadoro, operating under RHC Investments, is regulated by the Financial Services Authority (FSA) of Mauritius. This regulatory status indicates that the broker adheres to certain operational standards set by the authority, aiming to create a legitimate trading environment. Client funds are protected through the use of segregated accounts, ensuring that client deposits are kept separate from the broker’s operating funds. This practice reflects Metadoro’s commitment to safeguarding client assets. However, it is important to note that while the broker is regulated, the oversight by the Mauritius FSA may not be as stringent as that of more established regulators in other jurisdictions. As such, traders should carefully consider the implications of trading with a broker regulated in Mauritius and the associated risks.
Trading Products and Services
What trading instruments does Metadoro offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Metadoro offers a diverse range of trading instruments, allowing traders to engage in various markets effectively. With access to forex, commodities, indices, stocks, and cryptocurrencies, the platform caters to different trading styles and preferences. This wide selection of products is ideal for both beginners and experienced traders, enabling them to implement various strategies and diversify their portfolios. By supporting multiple asset categories, Metadoro enhances trading flexibility, empowering users to adapt their approaches based on market conditions and personal investment goals. The platform’s commitment to providing a comprehensive suite of trading tools facilitates an engaging trading experience for all types of traders.
Account Types and Trading Conditions
What Account Types and Fees Does Metadoro Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Investment Account | Long-term investors | Designed for buy & hold strategies | Suitable for mid and long-term investments in physical assets and derivatives |
| MT5 Account | Active traders | Access to over 2000 CFDs | Ideal for those engaging in diverse trading strategies |
Account Opening Process
To open an account with Metadoro, clients must submit personal, employment, and financial information. This includes providing identity verification documents such as an ID and proof of address. The process is designed to be straightforward, allowing for account flexibility, including the possibility of upgrading to a professional account later if trading volumes increase or if the trader meets specific criteria.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | 0.1 | $2 (one side) | Tight spreads for major pairs |
| CFDs (Stocks, Indices, Commodities) | Varies | Varies | Competitive pricing across different asset classes |
| Cryptocurrencies (BTC, ETH) | Varies | Varies | Depend on market conditions |
Other Fees
Metadoro may apply various other fees, including deposit and withdrawal fees, inactivity fees, and platform usage fees if applicable. Overnight interest, or swap rates, may also be applicable depending on the positions held overnight. Additionally, currency conversion fees may apply when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Metadoro Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 4 (MT4) | Windows, macOS, iOS, Android | Secure login, multiple order types, technical indicators, price alerts | VPS, demo accounts |
| MetaTrader 5 (MT5) | Windows, macOS, iOS, Android | Advanced analysis tools, market search, one-click trading, push notifications | VPS, demo accounts |
| Web Version | Any device with a web browser | Easy access, secure login, symbol lookup, alerts | Demo accounts |
| Mobile App | iOS, Android | Convenient trading on-the-go, secure login, real-time alerts | Demo accounts |
Metadoro offers a variety of trading platforms tailored to meet the needs of different traders. The MetaTrader 4 and 5 platforms are ideal for users who require advanced tools and features, while the web version provides easy access without the need for downloads. The mobile app allows traders to manage their accounts conveniently from anywhere, ensuring they can respond quickly to market movements. All platforms incorporate secure login methods and provide real-time alerts, enhancing the trading experience with efficient market search tools and prompt order execution.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min 100, Max 10,000 | USD, EUR, GBP |
| Credit/Debit Card | Instant | No platform fee | Min 50, Max 20,000 | USD, EUR |
| E-wallets (e.g., Skrill, Neteller) | Instant | 1.5% charge | Min 50, Max 20,000 | USD, EUR, GBP |
Minimum Deposit
Metadoro requires a minimum deposit of $50 to open an account. This amount may vary based on the payment method selected and the type of account being opened, ensuring flexibility for different user needs.
How to Withdraw
To withdraw funds from your Metadoro account, follow these steps:
- Log in to your Metadoro account.
- Navigate to the ‘Withdrawal’ section in the account dashboard.
- Select your preferred withdrawal method from the available options.
- Enter the amount you wish to withdraw, ensuring it complies with the limits.
- Provide any necessary identification or verification information as prompted.
- Submit your withdrawal request and wait for processing confirmation.
Customer Support
Metadoro Customer Support Overview
Support Channels
Metadoro offers multiple contact methods to ensure customers receive the help they need. Clients can reach out via:
- Email: For general inquiries, customers can send an email to support@metadoro.com.
- Live Chat: An online chat option is available through their website for immediate assistance.
- Telephone: Customers can call +442045773260 for urgent support.
- Social Media: Metadoro also engages with clients through their official social media channels, providing another avenue for support.
Service Availability
Metadoro’s customer support operates 24/7, ensuring that assistance is available whenever clients need it. The support team is equipped to handle inquiries in multiple languages, although specific languages supported are not detailed.
Additional Resources
In addition to direct support, Metadoro provides valuable resources such as video tutorials, webinars, and market analysis to enhance the trading experience. These resources can help clients better understand the platform and improve their trading strategies.
Frequently Asked Questions
Yes, Metadoro, operating under RHC Investments, is regulated by the Financial Services Authority (FSA) of Mauritius. Client funds are protected through the use of segregated accounts, which ensures that client deposits are kept separate from the broker’s operating funds. This practice demonstrates Metadoro’s commitment to safeguarding client assets, although the regulatory oversight may not be as stringent as that of more established regulators in other jurisdictions.
Metadoro offers a diverse range of trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. This variety allows traders to implement different strategies and effectively engage in various markets, catering to both beginners and experienced traders.
To open an account with Metadoro, clients need to submit personal, employment, and financial information. This includes providing identity verification documents such as an ID and proof of address. The account opening process is designed to be straightforward, allowing for flexibility in account types, including the option to upgrade to a professional account if trading volumes increase.
Metadoro offers multiple contact methods for customer support, including email at support@metadoro.com, a live chat option on their website, and a telephone number at +442045773260 for urgent support. Their customer support operates 24/7, ensuring assistance is available whenever clients need it.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.