Tradona Markets Information
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 and Cons
Is Tradona Markets Legit?
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.
What Can I Trade on Tradona Markets?
Tradona Markets offers various trading instruments, including Forex CFD, Gold & Silver CFD, Stock Indices CFD, and Commodities CFD.
Account Type
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.
Tradona Markets Fees
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.
Leverage
Trading Platform
Tradona Markets offers MetaTrader 5 and cTrader, which are compatible with desktop and mobile devices.
Deposit and Withdrawal
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.
Copy Trading
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.
United States