MTrading is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency.
MTrading is also a member of the International Financial Commission (FinaCom), an independent dispute resolution organization.
MTrading accepts clients from all over the world, excluding USA, Canada, UK, EEA countries, Turkey, Iran, Iraq, Jordan, Pakistan, Hong Kong, South Korea, Japan, Australia, New Zealand and some others.
Forex broker offers the following underlying assets for trading.
35+ Currency Pairs | Based on major and minor world currencies. |
5 Crypto Pairs | Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple. |
10 Indice CFDs | Based on baskets of different blue-chip stocks. |
4 Metal Spot CFDs | Based on Gold, Silver, Platinum and Palladium. |
3 Energy Spot CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
50+ Stock CFDs | Based on shares of US and EU companies. |
MTrading is a forex & CFD broker based in Saint Vincent and the Grenadines, a very popular offshore jurisdiction for forex brokers. Since Saint Vincent and the Grenadines does not regulate forex brokers, MTrading is not regulated by any government agency in that nation. Instead, the broker is merely registered as an international business company (IBC) with registration number 24275 IBC 2017.
According to our database search, this registration is valid and the company is a legally registered IBC in Saint Vincent and the Grenadines at the time of writing.
To compensate for the lack of government regulation in Saint Vincent and the Grenadines, MTrading has joined the Financial Commission (FinaCom PLC), an independent financial dispute resolution organization that can mediate between brokers and clients in the event of disputes. FinaCom gives clients the opportunity to file complaints about member companies, and has a compensation fund that can compensate traders up to USD 20,000 per case.
When it comes to trading, MTrading offers its clients access to trading in a variety of instruments, covering the major asset classes currencies, commodities, cryptocurrencies, stock indices, and stocks.
In terms of stock CFDs, MTrading offers a selection of individual stocks listed in Europe and the US, including big European companies like BNP Paribas, Deutsche Bank, and Airbus, as well as American companies like Apple, Amazon, Tesla, and Facebook.
When it comes to trading platforms, MTrading has chosen to stay loyal to the classic MetaTrader 4, better known as MT4. This is a platform that nearly all traders are familiar with, which obviously makes it less of a hassle to switch from another broker to MTrading.
The broker offers MT4 in several different versions, including the standard downloadable MT4 for Mac and Windows, the MT4 Multiterminal with support for an unlimited number of trading accounts, MT4 for web, and the MT4 Supreme Edition packed full with additional features.
MTrading lets their clients choose between two types of trading accounts, called M.Premium and M.Pro. The former is a standard STP (straight-through processing) trading account that offers commission-free trading in forex & CFDs, and requires only 100 USD to start trading. The latter, meanwhile, is a commission-based ECN (electronic communications network) account with much tighter spreads, which requires a minimum of 500 USD to start trading.
Worth pointing out, however, is that the commission-free M.Premium account offers far more choices when it comes to trading instruments than the M.Pro account does, with only popular currencies and spot metals available for commission-based ECN trading.
Trading leverage for forex pairs for both account types varies from 1:25 and all the way up to 1:1,000, depending on the size of the position and relevant margin requirements. For stock indices, the leverage is slightly lower at a maximum of 1:500.
Spreads on the M.Premium account start from 1.0 pip on the EUR/USD, which is considered fairly tight compared to the industry as a whole.
Deposits and withdrawals are handled through all of the common payment methods, including local bank transfers, Visa & MasterCard, and the popular e-wallet services Neteller and Skrill. Unfortunately, cryptocurrency deposits are not accepted by this broker.
M.Trading’s customer service can be reached via email or a Cyprus-registered phone number. The broker unfortunately does not mention any information about working hours for their customer support department.
All in all, M.Trading is a good choice for forex & CFD traders who enjoy trading on the MT4, and want access to very high leverage in order to boost their buying power in the market. We also like that the broker has chosen to join FinaCom after realizing that most traders want some reassurance in the form of independent oversight.
I like their concept of providing education through articles. They are structured into three categories: Basics, Strategy, and Indicators, and you can find literally everything. If you have ever wondered how an indicator works and what it shows you on the charts, just search for the name, and you will find all the important information about the indicator in one article. I don't know how attractive this concept looks to new traders, but for those with more experience, as I consider myself, I think this way is more efficient and helpful. Even about the trading strategies. There are plenty of them available, together with a guide on how to implement it in your trading routine. Just check it out...
With 3 years of forex experience, my time with MT Trading has been positive. The Standard Account proved suitable with favorable trading conditions and efficient execution. Overall, I recommend MT Trading for its reliability and accessibility.
MTrading has a lot of positive feedback from newcomers that broker is loyal to new clients and its trading conditions are favorable. And many traders write that they noticed high quality of services and tools. All this creates an excellent reputation. And so I decided to check out what MTrading offers. Now I'm a client of this company. And I like my decision.
If you trade intraday or scalping, then M.Premium account is probably not for you. It's appropriate for me because my swing trading strategy is rarely depends on the tightness of spreads. For scalping opt for the M.Pro with raw spreads, but usually raw spreads accounts are more expensive. So be ready to deposit $500 or more in this case. I just don't want to give my arm and leg for a trading account. In any other instance Mtrading can fit pros and beginners as well.
I like the simple and understandable organization of accounts. Cent for beginners, premium for traders with some experience, and pro for professional traders. The limits are also good, they don't require a lof of money even for a pro acc. Pro acc is what I am using for some time already and the commission is probably the lowest I've ever seen.
Lol, imagine that you can get closer to your dream just after depositing $10. Yeah, minimum deposit on this platform amounts to just $10, but I would advise traders to deposit more money. This sum is cool for training purposes and it's provided on the cent account not for no reason. It's created specifically for training. After trading here, I can say it's a cool broker with its pros and cons.
A good company with a nice bonus system for new traders. $30 welcome bonus was cool for me to start my trading, got to explore the market and trade without risking my own money. Another thing worth mentioning is a depo bonus, 200% bonus on your depo sounds like a good deal. One thing to improve is to add some video educational materials, I am still learning trading and it is hard to choose legit source of info. If there was some courses and materials here, I would learn here with more convenience.
Their MT4 Supreme plugin is a real discovery for me. I didn't even think that brokers are capable of devising their own plugins and share access to them for everyone.
I enjoy trading crypto on this platform... MTrading has very good conditions for it.
The mobile trading platform has a pretty good user interface. I am able to see the full screen from my phone and there aren't any restrictions or limitations plus it's also user friendly and easy to use.
The M.Pro account has really competitive trading terms and I recommend trading only with this account if you want to use this broker. I was also surprised to see the spreads on forex pairs. I have witnessed zero spread on EURUSD! Moreover, the commission is only $4 per lot.
My list of pros:
1) The ability to trade with a small deposit, which makes it available for many novice traders. They also give a $30 bonus.
2) There is copy trading, where beginners can follow the actions of professional traders and develop at this time and receive passive income.
3) The MT4 Supreme platform makes trading even faster and way more convenient. Different types of orders are executed even quicker.
Trading with the Mtrading broker is a pleasure. From all aspects, I mean, both from the reliability which is crucial, and trading conditions. Set of accounts is awesome, personally I went for M.Premium. It seemed to be the most balanced. Spreads from 1 pip, $100 min depo, and 38 currency pairs. For starters, it's enough to trade efficiently and continuously.
Mtrading's got a cool vibe with copy trading that's just ace for peeps who don't wanna dive deep into trading hustle.
They roll with MT4 that gives you all the charts and tools to play the market. And they don't fall behind with crypto trades and CFD offerings. They also throw in great bonuses and high leverage and loads of ways to pay in. If you're into algo trading or just wanna scalp the market, they've got your back with tight spreads too!
When I first started trading, I didn’t know that I should avoid trading during important news releases, but it’s rather out of inexperience. Mtrading hasn't let me down yet, I can't say anything bad, there's nothing to compare with.
I have been trading with MTrading for 2 years now, there've been no problems for all the time. Input/output is prompt, no problems.