- Supreme edition of MT4 available
- A wide range of currency pairs to choose from
- Availability of multiple trading tools for market analysis
- Excellent range of tutorials and other educational resources
- Free demo account to practice trading
- Low minimum deposit ($10 only)
- Only one trading platform (MT4) is available
- Improvement in regulations could be made
- Limited trading instruments compared to other brokers
- Do not accept clients from many countries, including the US and UK
Lot volume:From 0.01 to 200
Maximum open positions:To 200
MTrading is a reliable forex and CFD broker offering a modest range of trading instruments through the most popular versions of MetaTrader 4 trading platforms. At MTrading, you can find solutions for everything, from copy trading and account management to automated trading. In addition to this, they also offer plenty of updated educational materials so that the traders remain on top of the latest happenings. Many traders have utilized their resources to find some inspiration in their trades and make informed trading decisions.
MTrading Review – Summary
MTrading is an online brokerage founded in 2012 to provide traders access to CFD trading across numerous asset classes such as forex, stocks and indices. MTrading majorly focuses on confidence, innovation and knowledge. They aim to equip traders with the topmost trading tools so that they can make informed trading decisions. MTrading has branches all across the globe.
MTrading Review – Regulation
The best thing about MTrading is that it is registered by the Financial Services Authority of Saint Vincent & the Grenadines. However, many traders do not consider this regulator a top-tier one and prefer to use a broker associated with top-tier regulators.
MTrading is also a member of The Financial Commission, an international organization engaged in resolving disputes arising in the financial markets. According to its rules, the broker should keep the clients’ funds separate from the company’s funds. Hence, MTrading can never utilize its clients’ funds to run the business.
MTrading does not provide its services in certain countries, including Japan, the USA, the UK, Canada, New Zealand and Germany. Hence, MTrading has a limited scope.
MTrading Review – Trading Platforms
MTrading offers multiple versions of the most popular trading platform: MetaTrader 4. The broker offers MT4 for web, desktop and smartphones (Android and iOS).
MTrading is an excellent option for busy traders who don’t have the time or investors who want to copy the strategies of other experienced traders. MTrading is a tremendous selection of trading strategies you can use to copy signals according to your requirements.
MTrading Review – Tools
One of the significant drawbacks of MTrading is that it does not offer additional tools like trading calculators, technical indicators, fundamental indicators and market sentiment tools. But, this is not a big deal as the MT4 trading platform has sufficient tools to cover the needs of almost all the traders. MTrading also offers the supreme edition of the MetaTrader 4 trading platform, which can be an excellent addition for traders.
MTrading offers some quality educational content for both new and experienced traders. The broker has some of the best quality materials on stocks, forex, indices, commodities and stock trading. They organize webinars and seminars from time to time and also have a decent collection of articles, tutorials and news & analytics.
MTrading has a great selection of trading instruments such as forex, stocks, indices, commodities, etc. If you are particularly interested in forex trading, MTrading has the best minor, major and exotic currency pairs to choose from.
The best thing about MTrading is that they have different account types available for new and experienced traders. Hence, you can easily choose one according to your needs and preferences. The primary differences between the different accounts offered by MTrading are spreads, commissions, types of trading instruments and minimum deposit requirements. Here is the list of account types you can find on MTrading:
- Cent Account
- Premium Account
- Pro Account
- Demo Account
MTrading offers customer support via email, call and online chat. The team is prompt and patient in dealing with their customers’ queries.
MTrading has some flexible ways of depositing and withdrawing funds, such as bank cards, wire transfer options and electronic payment systems. They also provide the facility of digital wallets to move funds across different trading accounts.
Overall, MTrading is a good broker for anyone looking to trade with flexible trading conditions and does not mind regulation. They have a decent selection of financial instruments available for trading on user-friendly MT4 platforms with some best trading tools. Additionally, they have a wide range of educational materials and convenient funding options for a smooth trading experience. However, one should not forget that MTrading is an offshore broker, so they cannot offer you the same protection as the regulated ones.