Metatrade

According to WikiFX data, Metatrade holds a low assessment score of 1.44 and has a regulatory index score of 0.0, indicating it operates without formal oversight from recognized financial authorities. This places the broker in a high-risk profile category, which inherently compromises the typical safety measures associated with regulated entities. Traders should exercise significant caution.

No. Metatrade is not regulated. The WikiFX regulatory data confirms it holds no valid forex trading licenses from mainstream financial authorities such as the UK's FCA, Australia's ASIC, or Cyprus's CySEC. It is registered in the United Kingdom but lacks any form of credible regulatory authorization for trading activities.

A specific minimum deposit amount for Metatrade is not publicly disclosed in its terms. Typically, brokers establish this requirement for opening a live trading account. Without this clear information, it is difficult for potential clients to assess the initial capital commitment required. Confirmation should be sought directly from the broker's official channels.

Yes. The WikiFX assessment shows Metatrade supports MetaTrader trading software, which typically refers to the MT4 or MT5 platforms. This is reflected in its software index score. The MetaTrader suite is known for its user-friendly interface, automated trading capabilities, and extensive technical analysis tools.