Company Summary
| MTrading Review Summary | |
| Founded | 2012 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | FCA (General registration) |
| Market Instruments | Forex, commodities, cryptos, CFDs, indices, stocks |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0 pips |
| Trading Platform | MT4, MT5, WebTrader |
| Minimum Deposit | $10 |
| Customer Support | Live chat |
MTrading 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 Cons
| Pros | Cons |
| Regulated under FCA | General registered FCA license |
| Various trading instruments | |
| Demo accounts | |
| MT4 and MT5 platforms | |
| Low minimum deposit ($10) | |
| No deposit/withdrawal fees | |
| Live chat support |
Is 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 Instruments | Supported |
| Forex | ✔ |
| 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 Type | Minimum Deposit | Leverage | Spread | Commission | Suitable for |
| All In Price | $10 | Up to 1:1000 | From 1 pip | 0 | Beginners wanting ECN execution with MT5 |
| M.Premium | Traders needing wide market access via MT4 | ||||
| M.Pro | From 0 pips | $4 per lot | Advanced traders wanting zero spread, MT4, ECN |
Leverage
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 Type | Spread | Commission |
| All-In Price | From 1 pip | 0 |
| M.Premium | ||
| M.Pro | From 0 pips | $4 per 1.0 lot |
Non-Trading Fees
| Non-Trading Fees | Amount |
| Deposit Fee | 0 |
| Withdrawal Fee | 0 |
| Inactivity Fee | Not mentioned |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, macOS, Android, iOS | Beginners |
| MT5 | ✔ | Windows, macOS, Android, iOS | Experienced traders |
| WebTrader | ✔ | Web | / |
Deposit and Withdrawal
MTrading does not charge any deposit or withdrawal fees. The minimum deposit is $10.
Deposit Options
| Payment Method | Minimum Deposit | Maximum Deposit | Deposit Fees | Deposit Time |
| Local Depositor | $10 USD | $10,000 USD | $0 | Instant |
| FPX | 50 MYR | 45,000 MYR | ||
| Internet Banking | ||||
| Touch n Go | ||||
| Tether | $50 USD | $10,000 USD | ||
| Neteller | $5,000 USD/EUR | |||
| Skrill |
Vic93
Malaysia
not recommend to use this broker, scam highly suspect just market manipulatr the market
Exposure
FX2764550890
Kenya
Issues with withdrawal.....minimum withdrawal requirements and excess charges on deposit. Low conversion rates for withdrawals and high fees for deposits
Exposure
FX2903873076
Thailand
The broker refuses to allow withdrawals. The broker notifies that a minimum deposit is required before withdrawals can be made. However, even though the deposit has been credited, it cannot be withdrawn.
Exposure
FX2011866312
Vietnam
I have been trading with MTrading for a while. The support team is very enthusiastic and responds quickly whenever I have questions. The trading platform is stable and easy to use. The order execution speed is fast, with no requotes. Very suitable for beginners.⚡
Positive
FX3829968658
Vietnam
MT has many Bonuses for me to increase my trading capital strength. I have been trading here for 5 years.
Positive
AnLamNguyen
Vietnam
MTrading shows real credibility but only for those who understand… the FinaCom membership proves they follow strict rules and in case of disputes you have your someone behind your back. Plus execution is verified by Verify My Trade, meaning trades are transparent and accurate and no manipulated…
Positive
RajatDeshmukh
India
I got a $100 welcome bonus. I used it for educational purposes. I lost it all after trading for 2 weeks without breaks. I'm a little bit sad, but replenished $300 for a new attempt =)
Positive
HoaianSG
Vietnam
The support team of MTrading is very enthusiastic. I had an issue with verifying my account and they helped me very quickly. Whoever says it's a scam probably hasn't followed the correct procedure.
Positive
FX3058871419
Vietnam
Since 2019, I have been trading and overall everything seems stable. Deposits and withdrawals are fast, around 10-30 minutes. There are many bonus programs, and I have participated in the Trade & Travel program in Phu Quoc and Nha Trang 3 times, which was great. If you are looking for a platform, you may consider this one.
Positive
Venki
United States
MTrading is awesome when it comes to leverage options, they give me a lot of room to play around with and potentially make some big bucks. Plus, I've got a whole bunch of different things to trade, like currencies, commodities, and indices, maybe even crypto too.
Positive
FX1669671053
Peru
Their spred and deposit is great but can't really say the same for the withdrawal. my deposit took less than 5 min. now my withdrawal has been pending for hours and is making me to start doubting thier credibility. considering the fact that its crypto which is the fastest option of any other firms and brokers in both deposit and withdrawal.
Neutral
Ghaazi
Vietnam
Guys, you have to check a game-changer among trading platforms, it is a MT4 Supreme from the MTrading broker. It is like MetaTrader 4 but with so many powerful charting tools and indicators along with some unique features like Mini Terminal and Trade terminal. DIfferent account types each with distinct features. Do not hesitate to give it a try
Positive
Tracey
Hong Kong
Salutations, fellow traders. I am an active participant in the trading market and have savored the fruits and pitfalls of MTrading. They have carved a niche for a wide array of trading instruments, from commodities, stocks, cryptocurrencies, to indices, providing an engaging platform for traders of varied interests. The low minimum deposit of $10 is indeed an advantage. However, the high leverage of up to 1:1000, while potentially lucrative, requires prudent risk management strategies to avoid major setbacks.
Neutral
Starrr
New Zealand
Greetings, esteemed colleagues in trading. I'm a seasoned trader who has had the opportunity to navigate the financial seas with MTrading. Despite their lack of effective regulation, their well-mapped trading instruments - from Forex pairs to indices - provides an exciting trading adventure for any serious trader. Their MT4 platform and mobile app offer seamless navigation, making trading significantly convenient. MTrading's provision for minimum initial deposit of just $10 lowers the entry barriers for novice traders.
Neutral
Dung6910
Finland
MTrading is a very “real” platform! Thanks to chatting with a real person via live chat, I got a lot of help, the support guys are very knowledgeable about the product. For me, the support team at MTrading is very reliable, well trained and has never let me down.
Positive
Arnav1
Finland
I had a really good experience with the MT4 platform, trade execution was brilliant, and spreads were decent. I will definitely use MTrading in the future for all my trading, thank you MTrading for the opportunity.
Positive
源3119
Belarus
I have learned a lot from this platform when I was just starting out in forex trading. MTrading was the first broker I traded with. I love its transparent fees structures and professional customer support.
Neutral
You9850
Thailand
I'm very impressed with the service here. There are many products that meet investment needs. and have experts and analysts who understand the market very well answer my investment questions And I have never encountered any problem of cheating or corruption. Take a look and decide for yourself.
Positive
隔离云霄1314
Hong Kong
It seems about to crash and cannot withdraw now. It shows passed, but cannnot receive the transfer.
Exposure
隔离云霄1314
Hong Kong
Deceiving customers to deposit and become VIP customer. The platform let the so-called traders lose all the money of their customers, and now they are not allowed to withdraw cash
Exposure
FX9596803722
United States
I am a new member of this Forum . I have traded in Mtrading Forex Broker form Bangladesh . Their Bangladesh Customer Support is the best to me . They are giving me a great guideline and They all have changed my forex life . Thats why i joined Mtrading to stay with them . all were going well but the broker Mtrading has been performing like the worlds greatest Scam Broker . here are some list : 1. Recently Mtrading live 2 server suddenly gave about 110 pips spike twice , where other servers ware
Exposure
FX3738005461
Malaysia
They cheated me and said the withdrawal can arrive in 1-3 days. But after three days, they said I have to wait until afternoon. Then, they said they had transferred but the withdrawal was suspended and I have to pay $3,000
Exposure
FX3738005461
Malaysia
My friend transferred the money to my account but the system tested that this is money laundering. So my account was frozen. If I wanna unfreeze my account, I should pay margin $10,000. The customer service said the margin would be returned as soon as my account was unfrozen. But they didn’t return my margin after I depositing, nor could the funds be withdrawn.
Exposure