Overview
Trust score
Tradeable Symbols (Total): 123
Year Founded: 2012
Publicly Traded (Listed): Yes
Bank: No
Pros 👍🏻
- Highly regulated
- Provides many types of trading platforms
- High maximum leverage
Cons 👎🏻
- No weekend customer service support
- No standalone research tools
About Mtrading
MTrading is an online Forex broker, which offers trading precious metals, CFDs, currency pairs, shares and fossil fuels . MTrading provides the latest and most advanced trading platforms to give the best trading experience in all types of financial markets, from any computer or mobile device, anywhere in the world.
Company Overview
Forex broker owned by ServiceComsvg Ltd, established in 2012, headquartered in St. Vincent and the Grenadines.
Having been involved in the forex market for nearly a decade, MTrading has rapidly expanded its reach with 10 offices worldwide, in major cities in Asia-Pacific and emerging markets in Asia. Africa and South America. Not stopping there, more than 250,000 customers, 5,000 partners globally are impressive numbers that MTrading has made efforts to prove the level of its service quality!
MTrading is an award-winning online trading services provider. It provides access to cryptocurrencies, Forex, stocks, commodities, indices, and CFDs markets with excellent trading conditions to traders of any experience all over the world. The company offers super-tight spreads from 0 pips, reduced minimum lots, swap-free accounts, high IB commissions up to 60% revenue share, and multi-level rewards.
Spreads & Commission
The broker charges zero commissions on all instruments with the M. Premium account and $4 on each lot with the M.Pro account. MTrading offers typical floating spreads on popular pairs EURUSD (1.2 pips), USDJPY (1.4 pips), and GBPUSD (1.7 pips).
Account Type
For higher trading efficiency, each account type will be more suitable for each trader’s trading strategy.
M.Premium | M.Pro | |
Minimum deposit amount | from 50 USD | from 50 USD |
Spread from | 1.0 pip | 0.0 pip |
Commission | Free | $4/lot |
Maximum leverage | 1:1000 | 1:1000 |
Order matching form | STP | ECN |
Minimum trading volume | 0.01 lot | 0.01 lot |
Maximum trading volume | 100 lots | 200 lots |
Trading products | forex, commodities, metals, indices, stocks | forex, gold and silver |
Spread
Traders need to keep in mind when choosing a trading account:
- For M.Premium, the spread will be higher, floating from 1.0 pip
- For M.Pro, the spread will be lower, floating from 0.0 pip
Major currency pair | Spread (M.Premium) | Spread (M.Pro) |
EUR/USD | Lowest Spread: 0.1 Standard Spread: 1.2 |
Lowest Spread: 0 Standard Spread: 0.2 |
USD/JPY | Lowest Spread: 0.1 Standard Spread: 1.4 |
Lowest Spread: 0 Standard Spread: 0.2 |
GBP/USD | Lowest Spread: 0.1 Standard Spread: 1.7 |
Lowest Spread: 0 Standard Spread: 0.7 |
USD/CHF | Lowest Spread: 0.1 Standard Spread: 2.9 |
Lowest Spread: 0 Standard Spread: 0.7 |
AUD/USD | Lowest Spread: 0.1 Standard Spread: 1.7 |
Lowest Spread: 0 Standard Spread: 0.4 |
USD/CAD | Lowest Spread: 0.1 Standard Spread: 1.3 |
Lowest Spread: 0 Standard Spread: 0.6 |
NZD/USD | Lowest Spread: 0.1 Standard Spread: 1.5 |
Lowest Spread: 0 Standard Spread: 0.7 |
Spread of major currency pairs on MTrading
Commissions
In addition, for M.Premium accounts, commissions are charged only for stock trading, 2 USD/share for US stock market, and 0.2%/trading volume for markets. remaining.
Leverage
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.
Fees
MTrading offers a decent list of deposit and withdrawal methods, including:
- Visa – 1.5% deposit fee, 1.5% withdrawal fee
- Mastercard – 1.5% deposit fee, 1.5% withdrawal fee
- Wire transfer – 0% deposit fee, 0% withdrawal fee
- Neteller – 0% deposit fee, 3% withdrawal fee
- Skrill – 0% deposit fee, 3% withdrawal fee
- Perfect Money – 1% deposit fee, 1% withdrawal fee
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.
Is MTrading safe or scam?
The Internet already offers different reviews about the company, both positive and negative. The company’s managers keep track of the comments and sort out the claims, which shows that the issue of customer satisfaction is of great importance to the company.
All of this suggests that MTrading isn’t a scam. It’s a serious organization that has come to the Forex market to take a strong position. One of the factors of the broker’s positive image is the provision of a reliable Metatrader terminal for trading.
MTrading Trading platform
The forex trading platform provided by MTrading to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
MTrading provides the following trading platforms:
MetTrader4
MT4 Supreme Edition
Web Trader
MetaTrader4 Multiterminal
Customer Support
MTrading does not offer 24/5 customer support and only presents a live chat function. It does not provide contact details, and an e-mail address exists for clients in the back office. The FAQ section answers many questions, and while MTrading explains its products and services well, I would prefer better access to a representative in the case of emergencies. However, it is worth remembering that most traders are unlikely to ever need to use customer support.
Final Thought
Forex Trading Broker MTrading is a young company that has already earned high ratings as one of the leaders of Forex trading. It provides high-quality services and profitable terms of trade. The broker has a large base of traders and different reviews. We can say that the company is actively developing.
We should also note that MTrading has not completely shown itself yet, so it’s too early to evaluate it as a reliable or fraudulent company.
Reviews
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