Tradona Markets is a financial services platform operated by Mercatus Monza LLC, offering a wide range of financial products including forex, commodities, indices, and cryptocurrencies. The platform's domain was registered in 2022, and the company was registered in Saint Vincent and the Grenadines in 2024. As the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) does not regulate forex brokerage activities, investors should be cautious about the regulatory risks when using this platform.
Corporate Background of Tradona Markets:
Tradona Markets is operated by Mercatus Monza LLC. Its official website is https://tradonamarkets.com/, with the domain registered on April 20, 2022. The company was registered on June 27, 2024, and operates from Kingstown, Saint Vincent, and the Grenadines.
Regulatory Information of Tradona Markets:
The Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) does not regulate forex brokerage activities. Therefore, the Tradona Markets forex platform, purportedly "regulated" by the SVG FSA, does not actually receive effective regulation. Relying on SVG FSA to protect forex traders' interests may be ineffective, so investors should choose brokers that are strictly regulated to ensure the safety of their funds.
Account Registration Process of Tradona Markets:
To open an account with Tradona Markets, visit their website, fill in personal information, create a password, read and agree to the customer agreement, and confirm the email to activate the account and start trading.
Account Types of Tradona Markets:
Tradona Markets offers multiple account types to meet the needs of different traders:
- Premium Account: Minimum deposit of $100, access to over 100 trading instruments including 38 currency pairs, spot metals, and energy CFDs, as well as cash indices. Leverage up to 1:1000, and supports expert advisor automated trading.
- Professional Account (Coming Soon): Minimum deposit of $500, offers zero spread trading, leverage up to 1:1000, with access to the same trading instruments and automated trading features.
Trading Software of Tradona Markets:
Tradona Markets offers the cTrader platform, renowned for its user-friendly interface and powerful analytical tools. The platform supports various financial instruments including forex, futures, indices, stocks, and CFDs. cTrader allows customizable trading strategies, supports automated trading, and is available in multiple languages. Users can access the platform on Android and iOS devices, enabling trading anytime, anywhere.
Trading Products of Tradona Markets:
- Forex Market: Trade various currency pairs including EUR/USD, USD/JPY, with electronic network trading mode allowing speculation on exchange rate fluctuations.
- Index CFDs: Allows traders to speculate on the price movements of major indices like the FTSE 100, participating in global market performance.
- Commodities: Offers trading in metals, agricultural products, and energy, influenced by supply and demand dynamics.
- Cryptocurrencies: Trade popular cryptocurrencies like Bitcoin, Ethereum, and Ripple via CFDs without actually owning the digital assets.
Spreads, Leverage, and Commissions of Tradona Markets:
Tradona Markets offers flexible leverage ratios based on account assets: 1:1000 for assets below $20,000, 1:500 for assets between $20,000 and $50,000, and 1:200 for assets over $50,000. These leverage ratios allow traders to control larger market positions with a smaller investment, but also increase potential risks. While the spread information for premium accounts is not specified, professional accounts promise zero spread trading, lowering trading costs.
Deposits and Withdrawals Methods of Tradona Markets:
Tradona Markets provides diverse deposit and withdrawal methods. Supported deposit methods include bank transfers, VISA/MasterCard payments, cryptocurrency payments (such as USDT and Ethereum), and local bank transfers. Withdrawal methods include international bank transfers, credit cards, and USDT, with processing times varying from instant to a maximum of 5 business days. Bank transfers may incur fees, depending on the bank used. Clients can select their withdrawal method through the client portal, and the system will automatically convert based on the account currency and withdrawal bank exchange rate.
Educational Resources of Tradona Markets:
Tradona Markets provides comprehensive educational resources through conference sessions, helping traders enhance their market knowledge and skills. These activities offer traders the opportunity to interact with professionals and gain valuable strategies for trading CFDs, commodities, and international stock markets.
Customer Support of Tradona Markets:
Email: support@tradonamarkets.com
Conclusion:
While Tradona Markets offers a variety of trading products and flexible account options, the lack of effective regulation should make investors cautious to ensure the safety of their funds. It is recommended to choose brokers with strict regulatory oversight for trading. Currently, Tradona Markets is listed as "Non-Regulated" on TraderKnows.
