Where Is Mitrade Legal? Banned & Supported Countries

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Mitrade isn't available in US
Mitrade REVIEW

For residents of this country (United States), Mitrade is not available and does not accept clients. Below are the top three highest-rated brokers available there in 2026 — the best alternatives to consider.

Trading.com USA
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6.88 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Trading.com USA
Regulation Tier-1
EUR/USD pips
Plus500
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6.67 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Plus500
Regulation Tier-1
EUR/USD pips
OANDA
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6.63 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
OANDA
Regulation Tier-1
EUR/USD 0.15 pips

Mitrade Available Countries List

Note! We regularly update the information about Mitrade regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact Mitrade customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where Mitrade currently provides its services: flag India flag United Kingdom flag Canada flag Indonesia flag Nigeria flag Malaysia flag Ukraine flag Brazil flag South Africa flag Pakistan flag Afghanistan flag Albania flag Algeria flag Argentina flag Armenia flag Australia flag Azerbaijan flag Bahamas flag Bahrain flag Bangladesh flag Botswana flag Brunei flag Cambodia flag Cameroon flag Chile flag China flag Colombia flag Costa Rica flag Cote d'Ivoire flag Cyprus flag Dominican Republic flag Ecuador flag Egypt flag Eswatini flag Ethiopia flag Georgia flag Ghana flag Haiti flag Hong Kong flag Iran, Islamic republic flag Iraq flag Israel flag Jamaica flag Japan flag Jordan flag Kazakhstan flag Kenya flag Korea flag Kuwait flag Kyrgyzstan flag Laos flag Latvia flag Lebanon flag Libya flag Madagascar flag Mauritius flag Mexico flag Moldova flag Mongolia flag Montenegro flag Morocco flag Mozambique flag Myanmar flag Namibia flag Nepal flag North Macedonia flag Oman flag Palestine flag Papua New Guinea flag Peru flag Philippines flag Puerto Rico flag Qatar flag Rwanda flag Saudi Arabia flag Serbia flag Singapore flag Somalia flag Sri Lanka flag Switzerland flag Syria flag Taiwan flag Tajikistan flag Tanzania flag Thailand flag Trinidad and Tobago flag Tunisia flag Turkey flag UAE flag Uganda flag Uzbekistan flag Venezuela flag Vietnam flag Yemen flag Zambia flag Zimbabwe

Note!

Different entities of Mitrade may maintain varying lists of supported and restricted countries due to specific regulatory requirements, so the information above represents a general overview.

Mitrade Restricted Countries List

Note! We regularly update the information about Mitrade regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact Mitrade customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where Mitrade currently does not provide its services: flag United States flag Poland flag Germany flag Spain flag France flag Italy flag Angola flag Austria flag Belarus flag Belgium flag Bolivia flag Bulgaria flag Congo flag Croatia flag Cuba flag Czechia flag DR Congo flag Denmark flag El Salvador flag Estonia flag Finland flag Greece flag Hungary flag Ireland flag Lesotho flag Lithuania flag Luxembourg flag Malta flag Netherlands flag New Zealand flag Norway flag Panama flag Paraguay flag Portugal flag Reunion flag Romania flag Slovakia flag Slovenia flag Sweden flag Uruguay

In addition, Mitrade — like most international brokers — does not offer services in countries or territories subject to international sanctions or included on the FATF high-risk list.

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In Which Countries is Mitrade Regulated? Is Mitrade Safe?

Mitrade is a Tier-1 regulated broker, operating under the supervision of one or more top-level financial authorities. Such regulation ensures strict compliance, fund segregation, and investor compensation mechanisms. Therefore, Mitrade is considered a highly reliable and safe broker.

Mitrade countries of regulation
ASIC ASIC ASIC regulates financial services, markets, and securities, enforcing laws to protect Australian consumers, investors, and creditors. It is stringent in its operations, with a focus on transparency and fairness in financial products and services.
Full Name Australian Securities and Investments Commission Country Australia Protection Fund No specific fund but has stringent consumer protection Regulation level Tier-1
CIMA CIMA The CIMA (Cayman Islands Monetary Authority) is the regulatory body responsible for overseeing the financial services sector in the Cayman Islands. Established in 1997, CIMA's primary role is to regulate and supervise banks, trusts, insurance companies, mutual funds, securities, and other financial institutions. It aims to ensure the stability, integrity, and transparency of the financial system in the Cayman Islands, which is a significant offshore financial center.
Full Name Cayman Islands Monetary Authority Country Cayman Islands Protection Fund No specific fund Regulation level Tier-3
CySec CySec CySec regulates investment firms, brokers, and their transactions in securities and derivatives on the Cyprus Stock Exchange. It imposes strict operational conditions, regular audits, and financial compliance.
Full Name Cyprus Securities and Exchange Commission Country Cyprus Protection Fund Up to €20,000 Regulation level Tier-1
FSC (Mauritius) FSC (Mauritius) FSC Mauritius ensures the orderly administration of the financial services and global business sectors in Mauritius, enhancing investor protection and international compliance.
Full Name Financial Services Commission of Mauritius Country Mauritius Protection Fund No specific fund Regulation level Tier-3

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Expert Advice

Anton Kharitonov
Chief Analytics Officer
  • In my experience, the first step when evaluating a broker should always be to confirm under which legal entity your account will be registered. Many brokers operate through several entities — one may be licensed in the EU, another in an offshore jurisdiction. These entities often follow different rules and maintain separate client lists depending on local regulations. Understanding which branch you’re signing up with helps determine your level of protection and whether the broker is legally permitted to offer services in your country.

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Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income.

Ciaran Ryan
Editor at Traders Union

Ciaran Ryan is a veteran financial journalist based in South Africa, where he covers cryptocurrency, mining, stock markets, and governance for Moneyweb. He also hosts the weekly Moneyweb Crypto Podcast.

Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.