Forex, indices, equities, and commodities are all available for purchase through MTrading's unregulated trading platform. The MetaTrader 4 platform is equipped with a plethora of add-ons and additional functionality. Our analysis of the broker includes information on minimum deposits, withdrawals, spreads, leverage, and other important aspects. Determine whether or not you should open an MTrading account.
The broker was founded in 2012 and has since grown to have 10 locations throughout the world, serving more than 250,000 customers in total. The company's primary markets include Africa, Latin America, and Asia, with consumers in places such as Nigeria, Thailand, Malaysia, and other countries.
There is no regulatory agency overseeing MTrading, and the company's headquarters are in the Caribbean nation of St Vincent and the Grenadines. The brokerage provides a limited selection of instruments, but it does so with outstanding features, such as a copy trading service.
Please keep in mind that clients from the United States, the United Kingdom, Australia, and some other countries are unable to sign up for an account.
The broker offers a choice of trading platforms depending on user needs:
The broker offers the well-regarded MT4 solution for investing in forex and CFDs. Traders benefit from many features:
MTrading is an unregulated broker offering investing in forex, indices, stocks, and commodities. The MT4 platform is available with a host of add-ons and extra features. Our review of the broker covers minimum deposits, withdrawals, spreads, leverage and more. Find out whether to sign-up for an MTrading account.
It was founded in 2012 and has since expanded to include 10 offices throughout the world and over 250,000 clients. Its primary markets include Africa, Latin America, and Asia having consumers in places as diverse as Nigeria and Thailand as well as Malaysia and other parts of the world.
There is no regulatory agency overseeing MTrading, and the company's headquarters are in the Caribbean country of St Vincent and the Grenadines. There is a limited selection of products available at the brokerage, but the tools are superb, and they include a copy trading service.
Please keep in mind that clients from the United States, the United Kingdom, Australia, and certain other countries are unable to sign up for an account with our company.
The broker offers a choice of trading platforms depending on user needs:
The broker offers the well-regarded MT4 solution for investing in forex and CFDs. Traders benefit from many features:
It is possible to invest in more than 100 instruments and assets through the internet, including 10 indices, more than 65 stocks, 60 or more major, minor and exotic securities, and ten commodities, which include commodities such as energy and metals. Although there is a good selection of products, cryptocurrencies such as Bitcoin are not available. Additionally, binary options and futures are not available. Having said that, the majority of internet traders' requirements are met.
With the M.Premium account, the broker charges zero commissions on all instruments, while with the M.Pro account, the broker charges $4 commissions on each lot traded. Standard floating spreads are available on major currency pairs such as the EURUSD (1.2 pips), USDJPY (1.4 pips), and GBPUSD (1.4 pips) (1.7 pips). Despite the fact that the broker does not have the lowest spreads in the market, it is transparent and breaks out fees on its contract specs website.
MTrading offers leverage up to 1:1000 with both the M.Premium and M.Pro accounts. These are high leverage levels that let traders seriously amplify their positions. On the downside, it also means investors can lose large sums if they do not use risk management tools.
Mobile trading is available for both M.Premium and M.Pro accounts, according to the broker. Clients can access the full spectrum of MTrading assets using the MTrading app, which is available on iOS and Android devices (APK). It is possible to request deposits and withdrawals through the mobile app, in addition to requesting customer help and receiving push notifications. The copy trading feature offered by the broker, which allows customers to mimic the methods of successful traders, is also available to them.
MTrading offers a decent list of deposit and withdrawal methods, including:
Processing times for credit/debit cards are typically instant, e-wallets are processed within 24 hours and wire transfer can take 1-3 working days. Fees may vary depending on the trader’s jurisdiction.
MTrading provides a demo account for potential traders that operates in the same way as the live account, with the exception that trades do not have an impact on the price of the underlying asset. The trial account is an excellent place to begin for investors who want to get a feel for the MT4 trading platforms and the broker's copy trading service. Afterwards, users can choose whether or not to register for a real account at their leisure.
With the MPremium account, you may take advantage of a flexible 200 percent deposit incentive. For a charge of $99 per year, MTrading also provides cashback at a rate of $1 for every lot traded. While incentives can appear to be enticing, it is critical to read the bonus terms and conditions before committing to anything. Please keep in mind that welcome bonuses are subject to change.
It is necessary to register with the Financial Services Authority of Saint Vincent and the Grenadines in order to conduct business with MTrading (ServiceComsvg Ltd). Unfortunately, because there is no stringent regulatory control, the broker is able to operate efficiently without any checks and balances in place. In most cases, there is no protection against negative balances. As a result, we strongly advise against opening an account with an unregulated service provider in the first place.
The broker offers a range of educational resources to enhance the MTrading experience, these include webinars, financial seminars and tutorials. Perhaps the most useful extra service, however, is the broker’s copy trading service. You can copy the deals of other traders in a few simple steps. Head to the Trader ‘s Room, browse the list of signal providers with associated ratings and select the trader you’d like to follow. You can automatically copy trades or you can manually enter positions.
MTrading offers two retail trading accounts; M.Premium and M.Pro. Both account types offer the MT4 platform, mobile trading, access to expert advisors, market analysis, and extensive educational resources.
MTrading also offers alternative investing accounts: PAMM: Money Manager, PAMM: Investor and CopyTrade: Investor. These accounts offer additional ways to increase returns and can be reviewed at MTrading.com.
MTrading operates in EET. Trading hours vary by instrument but typically follow 01:00 – 00:00 Monday – Thursday, 01:00 – 23:00 Friday EET. Details on specific instrument trading hours can be found on the broker website.
The customer service team can be reached via:
Responses received from the live chat service were quick, helpful and the service is operated by a human rather than a bot. Personal contact details do not need to be provided to speak to the support team. The broker also offers an extensive FAQ section.
Members of the Financial Commission, which resolves disputes in the financial services industry, can have their savings up to €20,000 protected. MTrading is a member of this commission. It is required of members of the Financial Commission that they comply with applicable requirements, which include the segregation of money. Aside from that, the broker provides secure deposit and withdrawal options, and the MT4 platform employs stringent encryption standards and two-factor authentication to ensure user security.
The investing experience provided by MTrading is straightforward and easy to understand. The broker's website is simple to navigate and provides a variety of tools, such as demo accounts, deposit bonuses, and access to the MT4 trading platform, among other things. The automated copy trading service is one that we particularly like. In contrast, MTrading is not regulated by a reliable organization, and consumers must pay withdrawal fees before they can access their gains. Overall, we'd suggest that you start with another broker.
A wide range of countries are accepted as traders by MTrading. These include merchants from Thailand, South Africa; Singapore; Hong Kong; India; France; Germany; Norway; Sweden; Italy; Denmark; United Arab Emirates; Saudi Arabia; Kuwait; Luxembourg; Qatar; and the vast majority of other nations.
Traders from the United States, Canada, Japan, the United Kingdom, Australia, Belgium, and New Zealand are unable to utilize MTrading.
Properties | Values |
---|---|
Name
|
MTrading |
Minimum Diposit
|
$ 100 |
Leverage
|
1000:1 |
Regulation
|
CIPO (VC) (Saint Vincent and the Grenadines),, |
Headquarters
|
Saint Vincent And Grenadines |
Established
|
2012 |
Address
|
First Flour, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, VC0130 , Saint Vincent And Grenadines |
Platform
|
MT4,MT4 WebTerminal,, |
Payment Method
|
Visa,Mastercard,Wire,Skrill,Neteller,Perfect Money,Webmoney,astroPay,Qiwi,Local bank transfer,, |
Properties | Values |
---|---|
Spreads
|
1.7 pips |
Min Position size
|
0.01 |
Broker Type
|
STP (Straight Through Processing),, |
Account Type
|
Mini account,Scalping,High Leverage,Standard,, |
Brokers by Country
|
Asian Forex Brokers,, |
Techniques
|
Scalping Forex Brokers,Hedging Forex Brokers,Spread Betting Brokers,Automated Trading Brokers,Mobile Trading Brokers,, |
Instruments
|
Forex Trading Brokers,Gold Trading Brokers,Stock Trading Broke,Commodity Forex Brokers,Metal Trading Brokers,Indexes Trading Brokers,, |
Account currency
|
USD,EUR,GBP,,USD, |
Tools
|
Charting Software,, |
Website Languages
|
en,, |
Support languages
|
en,, |
Bonus
|
Yes |
Reviews Rating
|
4.0 |
Withdrawal Fee
|
Yes |
Trading Signals
|
Yes |
Free Education
|
Yes |
Daily News
|
Yes |
Demo account
|
Yes |
Swapsr
|
Yes |
Pors
|
1. Copy trading service 2. 200% deposit bonus 3. Transparent fee structure 4. MT4 platform with add-ons 5. Available in India, Malaysia and Nigeria 6. Range of methods for deposits & withdrawals |
Cors
|
1. Unregulated 2. Poor customer reviews 3. No access to MetaTrader 5 4. Limited range of products, including no cryptos 5. Not available in multiple countries, including the US and UK |
Display Analysis
|
Yes |
Serving country
|
IN,VC,, |
Not Serving country
|
CA,DE,JP,NZ,US,, |
Contests
|
Yes |
Market analysis
|
Yes |
Copy Trading Brokers
|
No |
Bitcoin Forex Brokers
|
No |
Social trading
|
Yes |
Web trading
|
Yes |
Forex pairs
|
Yes |
CFDs
|
Yes |
Crypto
|
No |
Hedging
|
Yes |
PAMM
|
PAMM,MAMM,Myfxbook Auto trade,Mql5 signals,, |
Mobile Trading
|
Yes |
Scalping
|
Yes |
Automated Trading
|
Yes |
Partnership Programs
|
Yes |
Free Phone
|
+357 220 241 66 |
Customer Support
|
24/5 |
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