MTrading Forex Broker

MTrading Review SummaryFounded2012Registered Country/RegionSaint Vincent and the GrenadinesRegulationFCA (General registration)Market InstrumentsForex, commodities, cryptos, CFDs, indices, stocksDemo Account✅Islamic Account✅LeverageUp to 1:1000SpreadFrom 0 pipsTrading PlatformMT4, MT5, WebTraderMinimum Deposit$10Customer SupportLive chatMTrading Information MTrading was started in 2012 and is based in Saint Vincent and the Grenadines. It is regulated by the FCA (UK) through MONETRIX LTD. It has a lot of different trading instruments, like forex, commodities, crypto, indices, and CFDs. It also has account types for both new and experienced traders, and you can use several platforms such as MT4, MT5, and WebTrader.Pros and ConsProsConsRegulated under FCAGeneral registered FCA licenseVarious trading instrumentsDemo accountsMT4 and MT5 platformsLow minimum deposit ($10)No deposit/withdrawal feesLive chat supportIs MTrading Legit? Yes, MTrading holds a general registered license from the Financial Conduct Authority (FCA) of the United Kingdom, with the licensed business MONETRIX LTD, having a Common Business Registration license, license number 16198039.What Can I Trade on MTrading? MTrading has a lot of tradable assets, such as forex currency pairs, commodities, cryptocurrencies, indices, stocks, and CFDs. Tradable InstrumentsSupportedForex✔Commodities✔Cryptos✔CFDs✔Indices✔Stocks✔Bonds✘Options✘ETFs✘Account Type There are three primary types of live accounts at MTrading: All In Price (MT5), M.Premium (MT4), and M.Pro (MT4). The minimum deposit for all accounts is only $10, and the maximum leverage is 1:1000. You can get demo accounts and Islamic (swap-free) accounts if you want.Account TypeMinimum DepositLeverageSpreadCommissionSuitable forAll In Price$10Up to 1:1000From 1 pip0Beginners wanting ECN execution with MT5M.PremiumTraders needing wide market access via MT4M.ProFrom 0 pips$4 per lotAdvanced traders wanting zero spread, MT4, ECNLeverage MTrading gives its account types floating leverage of up to 1:1000, which lets traders handle big positions with a small amount of money. However, high leverage makes both possible gains and possible losses bigger, so traders need to be very careful with how they handle their risks.MTrading Fees Compared to other companies in the same field, MTrading's total trading fees are reasonable. The broker has tight spreads on its M.Pro account, starting at 0 pips, and charges $4 a lot in commissions. Its All-In Price and M.Premium accounts have spreads starting at 1 pip and no extra commission.Account TypeSpreadCommissionAll-In PriceFrom 1 pip0M.PremiumM.ProFrom 0 pips$4 per 1.0 lot Non-Trading FeesNon-Trading Fees AmountDeposit Fee0Withdrawal Fee0Inactivity FeeNot mentionedTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMT4✔Windows, macOS, Android, iOSBeginnersMT5✔Windows, macOS, Android, iOSExperienced tradersWebTrader✔Web/Deposit and Withdrawal MTrading does not charge any deposit or withdrawal fees. The minimum deposit is $10. Deposit OptionsPayment MethodMinimum DepositMaximum DepositDeposit FeesDeposit TimeLocal Depositor$10 USD$10,000 USD$0InstantFPX50 MYR45,000 MYRInternet BankingTouch n GoTether$50 USD$10,000 USDNeteller$5,000 USD/EURSkrill