MTrading Review – Unbiased Pros & Cons Revealed✔️ (2024)

Overall MTrading is considered low-risk, with an overall rating of 8/10. MTrading offers a maximum leverage ratio of 1:1000. MTrading has a 100 USD/R1 600 minimum deposit requirement. MTrading offers 1pip spreads on the MStandard Account and 0.1 pip on the MPro Account.

MTrading at a glance

MTrading Review – 12 Key Point Quick Overview Revealed (2024):

1. MTrading Overview
2. MTrading Safety and Security
3. MTrading Pros and Cons
4. MTrading Leverage
5. MTrading Account Types
6. MTrading Market instruments
7. MTrading Fees
8. MTrading Deposits and Withdrawals
9. MTrading Trading platform
10. Conclusion
11. Disclaimer
12. Frequently asked questions

MTrading Overview

According to research in South Africa MTrading is a global forex and CFD broker based in Belize.

The company was established in 2012 and provide simple access to currency, stocks, commodities and indices trading, they operate in over 10 offices located around the world and have more than 250,000 traders.

MTrading Safety and Security

One of the best benchmarks to measure the safety of a broker like MTrading, is to establish which regulating authorities are watchdogs over its actions. MTrading is regulated by the top tier regulators the IFSC (Indian Financial Systems Code) and the EFSA (Estonian Financial Supervision Authority)

MTrading Pros and Cons

MTrading Leverage

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

Leverage amount is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

For example, on a 1% margin a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged. MTrading offers a maximum leverage ratio of 1:1000

MTrading Account Types

A forex account at MTrading is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.

Often, the number and type of accounts that a trader can open with a broker company differs depending on the country in which it operates and the regulation authorities under whose jurisdiction it falls.

MTrading offers two different types of accounts:

The MStandard Account – this account is focused more toward the small to medium sized traders and investors who are looking to expand their existing portfolios.

The MStandard Account features flexible deposits and also offers over 30 currency pairs, CFDs for indices, energies and stocks.

You have access to a maximum leverage of 1:500, trades are instant and there is no commission charged with a small spread from 1pip.

The platform used for this account is MetaTrader4, you have access to expert advisors, real-time information and market analysis as well as a bunch of other innovative trading tools.

The MPro Account – this account is very similar to the MStandard Account; however, it is focused more towards experienced traders.

This account offers 27 currency pairs, maximum leverage of 1:1000, a 0.1 pip spread and a commission charge of 0.0020%. You are also able to do ECN trading with the MPro Account.

MTrading Market instruments

The most popular market instruments available from most brokers for trading include:

Forex

Forex trading describes the currency exchange market which refers to the global, decentralised marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management.

Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

Indices

Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

Precious metals

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

Energy

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.

MTrading offers the following of the above:

CFDs

Over 30 Currency pairs

Energies

Stocks

Indices

Precious metals

Cryptocurrencies

MTrading Fees

Cost depends on different factors, like spread and margins, and MTrading clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

MTrading offers 1pip spreads on the MStandard Account and 0.1 pip on the MPro Account with a commission charge only for the MPro Account of 0.0020%. However, there is a 2pip spread on EUR and USD.

MTrading Deposits and Withdrawals

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done with the same ways, but sometimes differ.

In the case of MTrading the following methods and minimum deposits are required:

Wire Transfer

MasterCard

Visa

Neteller

There is a 100 USD minimum deposit requirement.

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

Conclusion

MTrading can be described as a company that offers a decent variety of instruments across multiple markets for trading on powerful and user-friendly trading platforms.

They have a good range of free educational material and convenient funding options. Unfortunately they do have a lack of independent trading tools to compliment the ones already provided by the MetaTrader platforms.

Disclaimer

MTrading warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.

Before deciding to trade with MTrading, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

MTrading warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable. MTrading cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

Frequently asked questions

TRADING ENVIRONMENT

How many instruments can I trade with MTrading?

You can trade several different instruments with MTrading, which include the following:

• CFDs
• Over 30 Currency pairs
• Energies
• Stocks
• Indices
• Precious metals
• Cryptocurrencies

Which platforms are supported by MTrading?

MTrading provides the following popular trading platforms:

• MetTrader4
• MT4 Supreme Edition
• Web Trader
• MetaTrader4 Multiterminal

Does MTrading offer leverage?

Yes, MTrading offers a maximum leverage of 1:1000

What spreads can I expect with MTrading?

MTrading offers 1pip spreads on the MStandard Account and 0.1 pip on the MPro Account However, there is a 2pip spread on EUR and USD. If details on the website are not comprehensive, more information can be obtained from the customer support service.

Does MTrading charge commission?

Yes, more information on commissions can be obtained from the customer support service.

Is MTrading regulated?

Yes, MTrading is regulated by the IFSC (Indian Financial Systems Code) and the EFSA (Estonian Financial Supervision Authority)

Is MTrading a recommended forex trading broker for experts and beginners?

Yes, MTrading offers a fair-trading environment for all types of traders/beginners/experienced traders.

What is the overall rating out of 10 for MTrading?

8/10

ACCOUNTS

What is the difference between a demo and live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customers actual money.

Does MTrading offer a demo account?

Yes

How long is the demo account valid?

The demo account can be used for 30 days

Which live trading accounts does MTrading offer?

• MStandard Account
• MPro Account

What are the available deposit currencies for a live trading account?

USD, EUR, RUB

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for MTrading?

$100

How do you make a deposit and withdrawal with MTrading?

MTrading offers the following deposit and withdrawal methods:

• Wire Transfer
• Neteller
• Visa
• Mastercard

Withdrawals can be done via:

• Wire Transfer
• Neteller
• Visa
• Mastercard

Does MTrading charge withdrawal fees?

No, but fees from financial institution may apply

How long does it take to make a withdrawal?

Withdrawals usually takes 60 minutes during business hours.