Score
Saint Lucia
|
2-5 years
| https://tradonamarkets.com/
Website
Rating Index
MT4/5
Full License
TradonaMarkets-Server
Influence
C
Influence index NO.1
Malaysia 3.20
MT4/5 Identification
Full License
SingaporeInfluence
C
Influence index NO.1
Malaysia 3.20
LicensesLicensed Entity：Tradona Markets Inc
License No. 31000302067765
Saint Lucia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
tradonamarkets.com Bulgaria| Tradona MarketsReview Summary | |
| Registered On | 2022-04-20 |
| Registered Country/Region | Saint Lucia |
| Regulation | FinCEN |
| Market Instruments | Forex CFD, Gold & silver CFD, Stock indices CFD, and Commodities CFD |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 0.1 pips |
| Trading Platform | MetaTrader 5 & cTrader (Desktop and Mobile) |
| Min Deposit | $10 |
| Customer Support (24/7) | support@tradonamarkets.com |
| Instagram, LinkedIn, Telegram, Facebook | |
| Office 106, Smirnis 25, Kaimakli, Nicosia, Cyprus,1026 | |
Tradona Markets is an international CFD broker covering multiple financial markets such as cryptocurrencies, stocks, commodities, and indices. The platform uses the STP (Straight-Through Processing) model, routing trading orders directly to liquidity providers. Meanwhile, it offers users two major trading platforms, MetaTrader 5 and cTrader, which cater to the usage habits of different traders on both desktop and mobile devices.
| Pros | Cons |
| MT5/cTrader available | cTrader Copy limitations (no stock trading replication) |
| Diverse account types | No 24/7 customer support |
| Spread as low as 0.1 pips | |
| Leverage up to 1000x |
Tradona Markets is regulated under the Financial Crimes Enforcement Network (FinCEN), a U.S. government agency responsible for combating money laundering and financial crimes. Its FinCEN registration number is 31000302067765.
Tradona Markets offers various trading instruments, including Forex CFD, Gold & Silver CFD, Stock Indices CFD, and Commodities CFD.
| Tradable Instruments | Supported |
| Forex CFD | ✔ |
| Gold & silver CFD | ✔ |
| Stock indices CFD | ✔ |
| Commodities CFD | ✔ |
Tradona Markets offers multiple account types, including the T-Standard Account and T-Pro Account. The T-VIP Account is coming soon, with a minimum deposit of $5,000. It provides raw spreads, a commission starting at $4 per lot, and is specially designed for high-net-worth investors.
| Account Type | T-Standard Account | T-Pro Account |
| Minimum deposit | $10 | $100 |
| Spread | From 0.9 Pips | From 0.1 Pips |
| Commission | No commission | From $4 Per Lot |
| Maximum leverage | 1:1000 | 1:1000 |
| Instruments | Forex, Indices, Gold, Silver, Commodities | Forex, Indices, Gold, Silver, Commodities |
Different account types have different spreads. The T-Standard Account has spreads starting from 0.9 pips with no commission. The T-Pro Account offers spreads as low as 0.1 pips, and both the T-Pro Account and the upcoming T-VIP Account charge a commission starting from $4 per lot. Spreads also vary across different trading instruments.
| MAX LEVERAGE | EQUALITY | CCOUNT TYPE |
| 1:1000 | $20K | Standard |
| 1:200 | $20K-$50K | Premium |
| 1:50 | $50K | VIP |
Tradona Markets offers MetaTrader 5 and cTrader, which are compatible with desktop and mobile devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop and Mobile | Experienced Traders |
| cTrader | ✔ | Desktop and Mobile | All |
The minimum deposit is $10. The platform supports multiple deposit methods, including cryptocurrencies, VISA/MasterCard, local bank transfers, etc., with instant fund availability upon deposit. Withdrawals are processed within 24 hours and do not incur any fees. It supports 8 currencies, such as USD, EUR, and THB. Deposits and withdrawals must be made through bank accounts in the same name as the registered account to ensure fund security.
cTrader Copy is a featured copy trading service on the platform, allowing users to choose to follow top strategy providers and automatically replicate trades through an Equity-to-Equity ratio replication model.
Tradona Markets is an online trading platform that offers a wide range of financial instruments for traders around the world. In this review article, we delve into the features, services, and reputation of Tradona Markets, providing an in-depth analysis to help potential users make informed decisions about their trading journey.
The minimum deposit for the T-Standard account is only $10, which makes it very affordable for beginners like me. However, for the T-Pro account, the minimum deposit is $100, and for the T-VIP account, it’s $5000. As I mentioned in my Tradona Markets review, I’d start with the T-Standard account to minimize my risk and gradually work my way up.
Yes, Tradona Markets charges commissions on some accounts. The T-Pro and T-VIP accounts charge a commission starting at $4 per lot, while the T-Standard account does not charge any commission. For me, the decision would depend on whether I value tighter spreads or prefer to avoid commissions. The Tradona Markets review would highlight this as a key decision factor.
In my Tradona Markets review, I would highlight that the main downside is the offshore regulation by FinCEN. This type of regulation offers less security and investor protection than more widely recognized bodies. Additionally, the lack of 24/7 customer support and limitations in copy trading (especially in replicating stock trades) are some factors I’d consider before fully committing to this broker.
Tradona Markets supports several payment methods, including cryptocurrencies, VISA/Mastercard, and local bank transfers. Deposits are credited instantly, which is convenient for me. However, withdrawals are processed within 24 hours, and there are no withdrawal fees. In my Tradona Markets review, I’d mention that the variety of payment options is a positive point for me.
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annlim831
Malaysia
Frequent stuttering, severe slippage is common during market fluctuations.
Exposure
FX2898763245
Malaysia
Currently, the withdrawal process and user experience are quite good.
Neutral
FX1518667510
Ecuador
Tradona Markets offers an enticing leverage of 1:1000, but it's essential to tread carefully. I opened an account swiftly, but soon faced significant losses due to the high leverage. It's important to remember, higher leverage can lead to bigger profits but also potential for large losses. Customer support was tougher to reach than a mountaintop amidst a storm.
Neutral
Max Lewis
Netherlands
The advertised spreads and fees seemed deceptive too. I was paying much higher rates per trade vs their claims and competitors. Felt misled. Excessive slippage was also a big issue. Had multiple trades slip over 50 pips during news events, cost me hard. I'd suggest looking elsewhere to save your time.
Neutral