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MT4 TRADE Forex Broker provides real users with * positive reviews, * neutral reviews and 3 exposure review!

MT4 TRADE Broker Review

1.55

WikiFX monitor

Business

Influence E

License

No license

MT4 TRADE Review 3

Latest All(3) Exposure(3)
Exposure
It’s a fraud platform. Don’t trust it

It’s informal. Ask for margin and tax. After that, your application should be checked 3-15 days. And you can’t withdraw funds even if it exceeds time limit. Don’t deposit here cause you can’t withdraw funds at all.

FX3008603742
2020-11-24
Exposure
MT4 TRADE is a fraud platform

Someone will lead you to invest while this is a fake tray. If you wanna withdraw, you have to pay 22% for personal income tax and after that, you have to pay 17 % as service fee.

viking12782
2020-11-02
Exposure
MT4 TRADE

With friend’s recommendation, I deposited 100 thousand yuan on MT4 TRADE on May 6th and 7th. After I made profits, the service refused my withdrawal request with the excuse of wrong bank information or insufficient credit score. Since not sure of its authenticity, I have reported to the local police and handled related chatting record, deposit certification and bank statement. It continues scamming through WeChat. Having this exposed, I caution you against such fraud. It should be punished severely.

Echo5280
2020-05-24

  

Mt4 Trade 2025 Review: Everything You Need to Know

  In this comprehensive review of Mt4 Trade, we delve into the user experience, strengths, and weaknesses of this forex broker. Overall, Mt4 Trade is rated positively for its user-friendly platform and competitive trading conditions. However, concerns regarding customer support and regulatory oversight may deter some potential traders.

  Note: It is essential to consider that Mt4 Trade operates in various jurisdictions, which may affect the level of service and regulatory protections available to clients. Therefore, thorough research and understanding of the broker's operational framework is crucial for making informed trading decisions.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 7
Tools and Resources 6
Customer Service and Support 5
Trading Experience 7
Trustworthiness 6
User Experience 6
Additional Features 7

  We evaluate brokers based on a rigorous methodology that includes user feedback, expert analysis, and performance metrics.

  

Broker Overview

  Established in 2019, Mt4 Trade is a trading platform that primarily offers the MetaTrader 4 (MT4) interface, which is widely recognized for its robust features and user-friendly design. The broker provides access to various financial markets, including forex, commodities, stocks, and cryptocurrencies. While specific regulatory details about Mt4 Trade are sparse, it is crucial to note that the safety and reliability of trading with this broker depend significantly on the regulatory framework in the regions it operates.

  

Detailed Breakdown

  •   Regulated Geographic Areas/Regions

      Mt4 Trade operates in multiple jurisdictions, but the exact regulatory status varies. Traders should verify the regulatory status of the entity they are dealing with, as this directly impacts their trading experience and security.

  •   Deposit/Withdrawal Currencies/Cryptocurrencies

      Mt4 Trade accepts various deposit methods, including credit and debit cards, as well as cryptocurrencies like Bitcoin. This flexibility is advantageous for traders looking to fund their accounts using different payment options.

  •   Minimum Deposit

      The minimum deposit required to open an account with Mt4 Trade is reported to be around $100, making it accessible for many new traders looking to enter the forex market.

  •   Bonuses/Promotions

      While specific promotional offers were not highlighted in the search results, many brokers typically offer bonuses for new accounts or referral programs. Traders should check the broker's website for current promotions.

  •   Tradable Asset Classes

      Mt4 Trade provides access to a diverse range of assets, including over 70 forex pairs, commodities, stocks, and cryptocurrencies. This variety allows traders to diversify their portfolios effectively.

  •   Costs (Spreads, Fees, Commissions)

      The broker offers variable spreads, with average spreads for major pairs like EUR/USD starting around 1.0 pips. However, the specific costs can vary based on the account type and market conditions, which traders should review carefully.

  •   Leverage

      Mt4 Trade offers leverage of up to 1:400, allowing traders to amplify their positions. However, high leverage also increases the risk of significant losses, and traders should use it judiciously.

  •   Allowed Trading Platforms

      The primary trading platform offered by Mt4 Trade is MetaTrader 4, which is compatible with desktop, web, and mobile devices. This versatility ensures that traders can access their accounts and trade on the go.

  •   Restricted Areas

      While Mt4 Trade operates in several regions, it is crucial for traders to confirm whether they can access the platform from their respective countries, as some jurisdictions may have restrictions.

  •   Available Customer Service Languages

      Customer support at Mt4 Trade is offered primarily in English, with options for online chat and email. However, the effectiveness of customer support has been a point of contention among users, with some reporting slow response times.

      

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    Ratings Recap

    Category Rating (out of 10)
    Account Conditions 7
    Tools and Resources 6
    Customer Service and Support 5
    Trading Experience 7
    Trustworthiness 6
    User Experience 6
    Additional Features 7

      

    Detailed Explanations

    •   Account Conditions (7/10)

        Mt4 Trade offers competitive account conditions with a minimum deposit of $100, making it accessible for new traders. However, the lack of clarity regarding the types of accounts available may leave some traders wanting more information.

    •   Tools and Resources (6/10)

        While Mt4 Trade provides access to the MT4 platform, which is rich in features, the availability of additional tools and resources is somewhat limited compared to other brokers. Traders may find themselves needing to seek third-party tools to enhance their trading experience.

    •   Customer Service and Support (5/10)

        Customer service has received mixed reviews, with users expressing concerns about slow response times and limited support options. This aspect could be a significant drawback for traders who require immediate assistance.

    •   Trading Experience (7/10)

        The trading experience on the MT4 platform is generally positive, with a user-friendly interface and robust charting tools. However, execution speed may vary, especially during volatile market conditions.

    •   Trustworthiness (6/10)

        The trustworthiness of Mt4 Trade is closely tied to the regulatory environment in which it operates. While the platform itself is secure, the lack of transparent regulatory information raises some concerns.

    •   User Experience (6/10)

        The user experience on the MT4 platform is largely positive, with many traders appreciating the customization options and ease of use. However, the outdated design may not appeal to all users.

    •   Additional Features (7/10)

        The availability of automated trading through Expert Advisors and a range of technical indicators enhances the trading experience. However, traders should be cautious and conduct thorough research before implementing any automated strategies.

    •   In conclusion, while Mt4 Trade offers a solid trading platform with competitive conditions, potential traders should exercise caution and conduct due diligence regarding the broker's regulatory status and customer support capabilities.

MT4 TRADE review