Traders carefully study the trading conditions before they start cooperating with any company. Many things depend on them, including costs and the possibility of implementing an algorithm. In this review, we will look at the fintech company Metadoro and what trading conditions it offers. We will note its advantages and disadvantages.
Registration, deposit and withdrawal of funds in Metadoro
Almost all companies operating under KYC protocols have a standardized registration form. The client specifies all the essential data and uploads an identity document. In this regard, the Metadoro company is no different from others. The procedure of registration takes about 15 minutes. After that, you can replenish your account and start trading. The following directions are available:
- Banking — regular transfers and card transactions.
- Electronic — AdvCash wallet and cryptocurrencies.
The presented methods of funding and withdrawal, except cryptocurrencies, also correspond to the possibilities in other companies in the market. Digital assets are not very common yet, but they are popular with traders.
Spreads and commissions at Metadoro
Let’s move on to costs. For many traders, it is the most essential item in the trading conditions. Metadoro offers its customers the following values:
- Spreads from 0.1 pips.
- Commissions from 0.004%.
In many Metadoro reviews that we have studied on the Internet, these indicators are rated by traders as very attractive. As a rule, low spreads are usually offset by high commissions; we do not see such a problem here. Let’s note that the spread indicator is floating and it depends on the current market situation. For example, spreads can be minimal during the working day of European markets and in the first half of the trading day in the US, but they may increase during the Asian session. Commissions remain unchanged.
Trading terminals and account types
In Metadoro, clients can choose from two main account types — investment and trading. The difference of the investment one is that it does not have the opportunity to trade with borrowed funds. Traders are not offered leverage. A trading account, on the contrary, provides all the opportunities for margin trading. Both accounts are available on the following platforms:
- MetaTrader 4.
- MetaTrader 5.
A significant part of traders continues to trade in the 4th version because it remains relevant. The company provides a choice. There is also a web version of the trading terminal.
Metadoro affiliate program
The company has the opportunity not only to trade but also to cooperate within the framework of an affiliate program. It allows you to earn up to $500 for each client you bring. You can get payments after the following actions:
- Registrations.
- Funding.
- Trading activity.
In addition, there is an opportunity to become a company representative, which significantly expands the possibilities of cooperation and can bring more income. However, this option requires appropriate skills, knowledge and audience to attract.
As for bonuses, the company has only one welcome reward. You just need to register, pass verification and replenish your account for $20 or more to get the money. These actions will confirm the provided data through the payment system. After that, the company gives the trader $100; they are available for 7 days. Profit from these funds can be withdrawn without restrictions.
Metadoro reviews: trading conditions
The reviews we studied show that the company is a developed, convenient service for trading and investment. Among the main advantages is the presence of many trading instruments (more than 1000) and a transparent payout system in the Metadoro affiliate program. The disadvantages are usually the lack of copy trading and only one type of bonus. According to customers reviews, the company meets the needs of most of them.
Be First to Comment