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
- Amplia gama de instrumentos para operar
- Atención al cliente profesional y dedicada
- Plataformas comerciales modernas y eficientes
- Diferenciales competitivos
Cons
- Canales de atención al cliente limitados más allá del chat en vivo y la sección de preguntas frecuentes
- Falta de información detallada sobre métodos y tarifas de retiro
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
M.Cent
| Depósito mínimo | 0 |
|---|---|
| Comisión | 1.0 |
| Herramientas disponibles | 0 |
| Apalancamiento, mín. | 1:1 |
| Apalancamiento, máximo | 1:1000 |
| Nivel de llamada de margen | 100 |
| Nivel de parada | 30 |
M.Premium
| Depósito mínimo | 0 |
|---|---|
| Comisión | 1.0 |
| Herramientas disponibles | 0 |
| Apalancamiento, mín. | 1:1 |
| Apalancamiento, máximo | 1:1000 |
| Nivel de llamada de margen | 100 |
| Nivel de parada | 30 |
M.Pro
| Depósito mínimo | 0 |
|---|---|
| Comisión | 0.0 |
| Herramientas disponibles | 0 |
| Apalancamiento, mín. | 1:1 |
| Apalancamiento, máximo | 1:1000 |
| Nivel de llamada de margen | 100 |
| Nivel de parada | 30 |
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
| Herramientas disponibles | Forex, acciones, índices, metales, energía, cruptomonedas |
|---|---|
| Criptomonedas | BTC, ETH, LTC, XRP, BTC en efectivo |
| CFD | Existencias: 23 Índices: 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:
- Registration: Fill out the online registration form with your personal details.
- Verification: Submit identity verification documents, such as a passport or national ID, and proof of address.
- Deposit Funds: Fund your account using one of the available payment methods.
- 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.