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Home Brokerage Companies MTrading Broker Analysis

MTrading Broker Analysis

Explore MTrading, a global forex and CFD broker offering competitive spreads, diverse account types, and MT4/MT5 platforms. Ideal for both novice and experienced traders.

Updated: 2 April 2025
Overall rating
4.6 of 5
Minimum deposit
50
Tradable instruments
Forex, stocks, Indices, Metals, Energy, cruptocurrencies
Regulation
The Financial Commission
Overview Users reviews
Marina Panasenko
Edited by
Marina Panasenko
Table of Content

Company Overview

MTrading is an international online forex and CFD broker that offers a wide range of trading instruments to retail clients across the globe. The company is registered in St. Vincent and the Grenadines and provides trading services in various asset classes, including forex, commodities, stocks, and indices. MTrading has positioned itself as a flexible broker for traders looking for competitive spreads, a variety of account types, and multiple trading platforms.

Founded in 2012, MTrading’s goal is to provide an accessible and reliable trading experience, catering to both novice and experienced traders. The broker focuses on offering tight spreads, high leverage, and a choice of trading platforms. Although MTrading has built a solid reputation in the industry, its lack of strong regulatory oversight could be a potential concern for some traders.

Pros and Cons

Pros

  • Wide Range of Instruments for Trading
  • Dedicated Professional Customer Support
  • Modern and Efficient Trading Platforms
  • Competitive spreads

Cons

  • Limited customer support channels beyond live chat and FAQ section
  • Lack of detailed information on withdrawal methods and fees

Security

MTrading takes several precautions to ensure the security of its clients' funds and personal information. Client funds are held in segregated accounts, separate from the company’s operational funds. The broker uses encryption technology to protect client data during transactions. However, as MTrading is registered in St. Vincent and the Grenadines, it is not subject to the same regulatory scrutiny and investor protections as brokers licensed in more stringent jurisdictions.

Tradable Instruments

MTrading offers a diverse range of trading instruments, including:

  • Forex: Over 50 currency pairs, including major, minor, and exotic pairs.
  • Commodities: Popular commodities like gold, silver, oil, and natural gas.
  • Indices: Trading options on major global stock indices such as the S&P 500, Dow Jones, and NASDAQ.
  • Stocks: CFDs on stocks from large companies like Apple, Tesla, and Amazon.
  • Cryptocurrencies: A selection of popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

While MTrading provides a solid selection of assets, it may not have as many tradable instruments as larger brokers, especially in emerging markets.

Account Types

Fees and Commissions

MTrading operates with competitive spreads, particularly for its ECN accounts, which can start at 0.1 pips on major currency pairs. Below are some key points regarding fees:

Spreads:

For Standard accounts, spreads start from around 1.5 pips for major forex pairs. ECN accounts can benefit from raw spreads starting at 0.1 pips, with a small commission fee per trade.

Commissions:

The ECN account incurs a commission of about $3 per lot (both sides). There are no commissions on the Standard account, but the broker makes money from the spread.

Swap Fees:

MTrading charges swap fees for positions held overnight, similar to most other forex brokers.

Withdrawal Fees:

Some withdrawal methods, such as credit cards and bank transfers, may incur a fee. The withdrawal fees can vary depending on the payment method.

Trading Platforms

Available tools Forex, stocks, Indices, Metals, Energy, cruptocurrencies
Cryptocurrencies BTC, ETH, LTC, XRP, BTC Cash
CFD Stocks: 23 Indices: 10

MTrading supports two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms offer a variety of features:

MetaTrader 4 (MT4):

A widely used platform known for its simplicity, reliability, and customization options. MT4 is ideal for retail traders and provides advanced charting, indicators, and automated trading via Expert Advisors (EAs).

MetaTrader 5 (MT5):

MT5 is the more advanced version, offering additional features such as more timeframes, more order types, and access to a wider range of assets. MT5 is suitable for traders who want more sophisticated trading tools and analysis.

Both platforms are available on desktop, mobile, and web versions, allowing traders to trade from anywhere at any time.

Customer Support

MTrading offers customer support 24/5, with a team available to assist clients via:

  • Live Chat: Available on the MTrading website for instant assistance.
  • Email: Traders can contact support through email for more detailed inquiries.
  • Phone: MTrading offers phone support, with numbers listed on its website.
  • Help Center: The broker has a knowledge base and FAQ section for self-help.

Account Opening

Opening an account with MTrading is simple:

  1. Registration: Fill out the online registration form with your personal details.
  2. Verification: Submit identity verification documents, such as a passport or national ID, and proof of address.
  3. Deposit Funds: Fund your account using one of the available payment methods.
  4. Start Trading: After the account is funded and verified, you can begin trading on MT4 or MT5.

Deposits and Withdrawals

MTrading offers several methods for deposits and withdrawals:

Deposit Methods:

Credit/debit cards, bank transfers, e-wallets like Skrill and Neteller, and cryptocurrencies such as Bitcoin.

Withdrawal Methods:

Similar to deposit methods, including bank transfers and e-wallets.

Processing Times:

Deposits are usually processed instantly, while withdrawals can take up to 3-5 business days, depending on the method.

Minimum Deposit:

The minimum deposit required to open an account is just $10, making it affordable for beginner traders.

FAQ

Is MTrading regulated?

MTrading is registered in St. Vincent and the Grenadines and operates under limited regulatory oversight. It is not regulated by major financial authorities such as the FCA or CySEC.

What platforms are available for trading?

MTrading supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for trading on desktop, mobile, and web versions.

What is the minimum deposit to open an MTrading account?

The minimum deposit for a Standard account is just $10.

What leverage does MTrading offer?

MTrading offers leverage up to 1:500, depending on the asset and account type.

Users reviews

Khoa Minh

I've been with this brokerage for the past seven months. While that might not seem like an extensive duration, I feel it's sufficient to share my thoughts on my experience so far. The most reassuring aspect for me has been the reliability of their regulatory compliance and the security of my funds—definitely a significant advantage in my book!

9 February 2025 Read
Chaiyo Rardchawat

I was pleasantly surprised by the variety of withdrawal options available at MTrading. Initially, I assumed they would only support bank card withdrawals, but thankfully, they offer more modern solutions like USDT withdrawals. This was particularly convenient for me since I primarily use a Phantom crypto wallet to manage my funds. Transferring USDT from my crypto wallet to my trading account was seamless. At first, I wasn't impressed with the MT4 Supreme Edition, but after spending some time on it, I've come to appreciate its features. The ability to use multiple mini charts for price tracking has proven to be quite handy.

8 February 2025 Read
Thammanit Lui

Initially, I wasn't impressed. The website felt a bit outdated and cumbersome. However, Mtrading gradually won me over. I used to rotate between 3-5 different brokers to diversify my risk and not depend too much on one. I had a system in place that would replicate my trades, though occasionally I'd handle them manually. The differences between these brokers were quite noticeable. About two months back, I decided to fully transition to Mtrading as it proved to be the most profitable for my needs. Moreover, it was the only broker where withdrawing funds was seamless—no unnecessary communication, just straightforward transactions.

8 February 2025 Read
jax bristol

Trading appears to be a highly respected organization, particularly because it is overseen by a prominent authority in the trading industry. Additionally, the company has accumulated numerous reviews and has been operating for several consecutive years, which significantly boosts its credibility within the community. If it were an unreliable firm, it surely wouldn't have received such positive feedback. 😉

5 February 2025 Read
Puteh Leman

MTrading stands out to me as a compelling choice due to its favorable trading environment and genuine commitment to customer satisfaction. When I was considering opening a trading account, my main criterion was that my initial deposit should be sufficient to begin trading effectively. I planned to invest $600, and MTrading’s minimum deposit requirements aligned perfectly with this amount, granting me access to their top-tier trading conditions. This alignment was a significant factor in my decision-making process. Right from the start, I experienced optimal trading conditions, which have greatly enhanced my engagement with the financial markets.

5 February 2025 Read
mr. Chandran

1) One of the standout features is the opportunity to begin trading with a minimal deposit, making it accessible for anyone looking to enter the market. Plus, there's a $30 bonus offered on your initial deposit, which is a nice incentive to get started. 2) The platform also offers copy trading, which is perfect for newcomers. It allows them to mimic the strategies of seasoned traders, helping them learn and earn simultaneously. This feature not only benefits beginners but also lets experienced traders showcase their skills and profitability in a managerial role. 3) Additionally, the MT4 SUPREME platform enhances the trading experience by providing a faster and more user-friendly interface. It offers a variety of indicators and ensures that orders are executed with impressive speed.

4 February 2025 Read
Lim Tuan

I have been experiencing unauthorized deductions of over $200 daily from my account (66867299) since Thursday, November 28th. Despite reaching out to customer support, I have yet to receive any explanation or resolution. The deductions persist, and the lack of communication is frustrating. This platform's handling of the situation has been disappointing and unprofessional.

4 February 2025 Read
Dieu Trieu

They recently revamped their website, so I felt compelled to share my thoughts. The new design seems to prioritize speed, but I’m not entirely convinced that's the right focus. If you're considering Mtrading for scalping, you might find it lacking. MT4 isn't the ideal platform for scalping, and while Mtrading offers a 'supreme' version, it still doesn't quite meet scalpers' needs in my opinion. For beginners, the analytics provided are decent and certainly better than going it alone, but they're not very consistent and are released infrequently. You'll likely need to supplement with other resources. Where Mtrading really shines is in safety and swing trading or day trading. With nearly 13 years in the business, they offer attractive welcome bonuses. A standout feature is their ability to make accounts swap-free with just a simple setting adjustment. This is where they truly excel.

3 February 2025 Read
nobody

The bonus can be somewhat tricky to navigate since it doesn't contribute to margin trading. The equity displays the full credit amount, but unfortunately, it's not available for use.

3 February 2025 Read
Stephen Saributua

Their spreads are as snug as the slimmest jeans you can find at the mall! 😄 No joke, I've compared spreads across different markets, and they consistently fall within standard ranges. This means you can maximize your profit margins, and during quieter market periods, fees are barely noticeable. This level of service is impressive, and I hope they continue to uphold these high standards.

2 February 2025 Read

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