Forex Metadoro Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.2

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.4

Business 1.7

Risk Control 2.0

Software 2.7

Regulatory 2.2

Terminal Snapshot

Metadoro Trading Conditions

Registered Region Mauritius

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email cs@metadoro.com

Contact Number +442045773260

Website metadoro.com

Balanced Review

Pros & 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

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Metadoro	KCM Trade	MH Markets	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Mauritius	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.2/10	See review	See review	See review

Product Fit

Account Types

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.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Metadoro User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

New York, USA

★ ★ ★ ★ ★

I had a terrible experience with Metadoro. My withdrawal request took over a week to process, and when I reached out to customer support, I received vague responses. It felt like they were just avoiding the issue. I do not recommend this broker at all.

Sarah Johnson

Toronto, Canada

★ ★ ★ ★ ★

Metadoro has been fantastic for my trading journey! The platform is user-friendly, and I love the real-time data analytics. I had a few questions regarding my account, and their customer support was incredibly helpful. Highly recommend for both beginners and experienced traders!

Mike Brown

London, UK

★ ★ ★ ★ ★

While I appreciate the variety of instruments Metadoro offers, I faced significant issues with their withdrawal process. It took longer than expected, and I felt frustrated with the lack of transparency. Might look for other options next time.

Emma Wilson

Sydney, Australia

★ ★ ★ ★ ★

Overall, my experience with Metadoro has been quite positive. The trading platform is robust, and I found the registration process straightforward. I did encounter a minor hiccup with a delayed response from support, but they eventually resolved my issue. Would recommend it for its trading tools and features.

Mauritius Market