According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- MT4 Supreme Edition
- MT4 Multi-Terminal
- MT4 Web Trader
- 2012
Our Evaluation of MTrading
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
MTrading is a broker with higher-than-average risk and the TU Overall Score of 4.92 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by MTrading clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The brokerage company’s goal is to provide high-quality financial services to both experienced and novice traders. MTrading is constantly evolving to meet all the needs of its clients.
Brief Look at MTrading
MTrading is an online broker offering advantageous trading terms to novice and experienced traders. The company was founded in 2012 and since then has been serving clients in Latin America, Africa, the Asia-Pacific region, and the Commonwealth of Independent States (CIS countries).
The company offers its clients a high-quality education program, favorable trading terms, and competent round-the-clock client support service. The broker also has investment programs for passive trading. The company has a financial services license and a regulator, represented by an independent Financial Commission that guarantees the protection of client funds up to 20,000 euros.
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- large leverage of 1:1000;
- high-quality education program for traders with different levels of experience;
- favorable trading terms that are suitable for both beginners and professionals.
- a limited range of trading assets;
- no pending orders (stop/limit);
- the $100 minimum deposit is unaffordable for many beginners;
- recurring difficulties with withdrawal;
- no Islamic (swap-free) accounts;
- client support is not very responsive;
- there are failures and hangups in the operation of the trading platforms.
TU Expert Advice
Author, Financial Expert at Traders Union
MTrading provides a range of financial services including Forex trading, CFDs, and precious metals through the popular MT4 platform. Users benefit from a variety of account types, including demo, Premium, and Pro, offering flexibility for both novice and experienced traders. Key advantages include high leverage up to 1:1000, tight spreads, and an extensive educational program, making it appealing for traders interested in leveraging and learning. The broker supports automated trading and offers copy trading features for those looking to replicate experienced traders' strategies.
However, MTrading's drawbacks include a limited range of trading assets, an absence of Islamic accounts, and issues with platform stability. Additionally, its regulation, primarily by the Vanuatu Financial Services Commission, lacks the rigor of Tier-1 regulatory authorities, which may not meet the criteria for traders prioritizing strong regulatory oversight. Consequently, MTrading may be better suited for traders who are comfortable with higher risk and less stringent regulation, rather than those who prioritize extensive regulatory safeguards.
- You are comfortable with high leverage. MTrading offers leverage up to 1:1000, providing the potential for amplified profits (while also increasing risk).
- Social trading appeals to you. MTrading offers copy trading features, allowing you to follow and replicate the strategies of experienced traders.
- Regulation is crucial for you. MTrading is regulated by the Vanuatu Financial Services Commission (VFSC), which is considered less stringent than regulatory bodies like the FCA or CySEC.
- You are looking for Shariah-compliant trading options. MTrading currently does not specifically cater to Islamic finance principles, which may be a concern if adherence to these principles is a key consideration for your trading.
MTrading Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
💻 Trading platform: | MetaTrader 4, MT4 Multiterminal, MT4 Supreme Edition, MT4 Web Trader |
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📊 Accounts: | Demo, M.Premium, M.Pro |
💰 Account currency: | EUR, USD, and RUB |
💵 Deposit / Withdrawal: | Visa, MasterCard; EPS: WebMoney, Qiwi, Skrill, Perfect Money, Neteller, AstroPay, Alfa-Bank, manual operation, NganLuong.vn, prepaid card, wire transfers |
🚀 Minimum deposit: | $100 |
⚖️ Leverage: | From 1:25 to 1:1000 |
💼 PAMM-accounts: | Yes |
📈️ Min Order: | 0.01 lots |
💱 EUR/USD spread: | 0,3 pips |
🔧 Instruments: | Currency pairs, CFDs on stocks, indexes, commodities, energies, precious metals |
💹 Margin Call / Stop Out: | 100% / 30% |
🏛 Liquidity provider: | - |
📱 Mobile trading: | The author’s MTrading app (Android) |
➕ Affiliate program: | Yes |
📋 Order execution: | Market Execution |
⭐ Trading features: | Automatic trading; Web Trader; Investment programs for passive trading. |
🎁 Contests and bonuses: | Yes |
MTrading describes itself as an STP/ECN broker with a minimum deposit of $100, which is the minimum for a broker at this level. The company’s clients note low spreads, fast processing of orders, and the ability to trade automatically.
A significant advantage is also the high leverage of 1:1000. This parameter allows the client to earn more money, whereas low leverage (for example, 1:200) reduces the trader’s earnings.
The brokerage company is interested in educating novice traders and improving the skills of already experienced market participants. To that end, there is an Education section that contains substantial materials. In addition, MTrading provides clients with access to in-depth analytics and the latest market news.
The client can always contact the client support service if he has trading questions or problems. Qualified specialists provide traders with round-the-clock assistance and are ready to respond in their native language.
MTrading Key Parameters Evaluation
Trading Account Opening
To make your first experience with the MTrading broker more comfortable, we recommend taking an online tour of your user account and paying close attention to the registration process.
You can log in or register from the main page of the website. If you already have an account, click on the Login button. If you do not have an account with an MTrading broker, click on “Open account”.


After clicking on the Login button, you will see a window where you need to enter personal data — email and password. If you forgot your password, click on “Forgot password?” and follow the instructions.


After you sign up, you’ll see a window where you need to enter your personal information, including your full name, email address, and phone number. The broker also has a field in which you can specify the referral code if you have one. After entering all the details, you must agree to the terms of use and click on the Register button.


To log in to your user account, you need to verify your registration. To do this, go to your mailbox and open an email from MTrading. In the email, click on the “Traders Room login” button.
In the window that opens, enter the combination that will become your password. The combination must contain:
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capital letters;
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lowercase letters;
-
numbers;
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special characters;
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minimum of 8 characters.
After entering the password, click on the Next button.
This completes the registration procedure, and you will now have access to your user account.
From the cabinet, you can access the profile settings, where you can change and supplement personal data, upload identity documents for verification, set up account deposit/withdrawal and margin call notifications, and change the basic settings, such as language, time zone, and account password.
The user account gives you access to information about the status of your account, transaction history, partner tools (referral link and referral code), and personal statistics as the broker partner.
Information about the start of trading, trading platforms, and educational materials with analytics can be found on the broker’s home page.
Regulation and safety
MTrading has a safety score of 2.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Negative balance protection
- Track record over 13 years
- Not tier-1 regulated
- Not regulated
MTrading Security Factors
Foundation date | 2012 |
Negative balance protection | Yes |
Verification (KYC) | Yes |
MTrading is Not a Regulated Broker
Commissions and fees
The trading and non-trading commissions of broker MTrading have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- Inactivity fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of MTrading with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, MTrading’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
MTrading Standard spreads
MTrading | Pepperstone | OANDA | |
EUR/USD min, pips | 1,0 | 0,5 | 0,1 |
EUR/USD max, pips | 1,4 | 1,5 | 0,5 |
GPB/USD min, pips | 1,0 | 0,4 | 0,1 |
GPB/USD max, pips | 1,7 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
MTrading RAW/ECN spreads
MTrading | Pepperstone | OANDA | |
Commission ($ per lot) | 2 | 3 | 3,5 |
EUR/USD avg spread | 0,3 | 0,1 | 0,15 |
GBP/USD avg spread | 0,3 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with MTrading. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
MTrading Non-Trading Fees
MTrading | Pepperstone | OANDA | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 0 | 0 | 0-15 |
Inactivity fee ($, per month) | 50 | 0 | 0 |
Account types
To begin working with MTrading, a trader only needs to complete the registration process on the broker’s website. Registration takes only a few minutes and does not necessitate any additional action on the client’s part (personal identification). When registering, the client must select the type of account. The demo account does not require a deposit and is suitable for training. After opening a real account, it is necessary to make a minimum deposit. The trader can then begin trading and earn his first money using MTrading.
Account types:
The broker provides traders with several trading platforms, including the classic MetaTrader 4. Clients can also use the advanced versions, MT4 Multiterminal and MT4 Supreme Edition. As for mobile trading, the broker offers the MT4 Web Trader platform, which is available on both Android and iOS systems.
Deposit and withdrawal
MTrading received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
MTrading provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Bank card deposits and withdrawals
- Low minimum withdrawal requirement
- No deposit fee
- Bitcoin (BTC) accepted
- Only major base currencies available
- Limited deposit and withdrawal flexibility, leading to higher costs
- Wise not supported
What are MTrading deposit and withdrawal options?
MTrading provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.
MTrading Deposit and Withdrawal Methods vs Competitors
MTrading | Plus500 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | No |
BTC | Yes | No | No |
What are MTrading base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. MTrading supports the following base account currencies:
What are MTrading's minimum deposit and withdrawal amounts?
The minimum deposit on MTrading is $10, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact MTrading’s support team.
Markets and tradable assets
MTrading offers a limited selection of trading assets compared to the market average. The platform supports 123 assets in total, including 60 Forex pairs.
- Copy trading platform
- 60 supported currency pairs
- Crypto trading
- Limited asset selection
- No ETFs
Supported markets vs top competitors
We have compared the range of assets and markets supported by MTrading with its competitors, making it easier for you to find the perfect fit.
MTrading | Plus500 | Pepperstone | |
Currency pairs | 60 | 60 | 90 |
Total tradable assets | 123 | 2800 | 1200 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | No | Yes | No |
Investment options
We also explored the trading assets and products MTrading offers for beginner traders and investors who prefer not to engage in active trading.
MTrading | Plus500 | Pepperstone | |
Bonds | No | No | No |
ETFs | No | Yes | Yes |
Copy trading | Yes | No | Yes |
PAMM investing | Yes | No | Yes |
Managed accounts | Yes | No | No |
Trading platforms & tools
MTrading received a score of 7.5/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- One-click trading
- Trading bots (EAs) allowed
- Free VPS for uninterrupted trading
- MetaTrader is available
- Strategy (EA) Builder is not available
- No access to API
- No access to a proprietary platform
Supported trading platforms
MTrading supports the following trading platforms: MT4, MT5, WebTrader. This selection covers the basic needs of most retail traders. We also compared MTrading’s platform availability with that of top competitors to assess its relative market position.
MTrading | Plus500 | Pepperstone | |
MT4 | Yes | No | Yes |
MT5 | Yes | No | Yes |
cTrader | No | No | Yes |
TradingView | No | Yes | Yes |
Proprietary platform | No | Yes | Yes |
NinjaTrader | No | No | No |
WebTrader | Yes | Yes | Yes |
Key MTrading’s trading platform features
We also evaluated whether MTrading offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features
2FA | Yes |
Alerts | Yes |
Trading bots (EAs) | Yes |
One-click trading | Yes |
Scalping | Yes |
Supported indicators | 68 |
Tradable assets | 123 |
Additional trading tools
MTrading offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
MTrading trading tools vs competitors
MTrading | Plus500 | Pepperstone | |
Trading Central | No | No | No |
API | No | No | Yes |
Free VPS | Yes | No | Yes |
Strategy (EA) builder | No | No | Yes |
Autochartist | No | No | Yes |
Mobile apps
MTrading supports mobile trading, offering dedicated apps for both iOS and Android. MTrading received 2/10 in this section, which suggests limited user interest or weak performance of the apps.
- User-friendly interface
- Mobile alerts not supported
- Indicators not supported
We compared MTrading with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
MTrading | Plus500 | Pepperstone | |
Total downloads | No data | 10,000,000 | 100,000 |
App Store score | No data | 4.7 | 4.0 |
Google Play score | No data | 4.4 | 4.0 |
Mob. 2FA | No | Yes | Yes |
Mob. Indicators | No | Yes | Yes |
Mob. Alerts | No | Yes | Yes |
Education
The MTrading brokerage company provides its clients with not only favorable trading terms but also an educational foundation. A novice trader may understand the fundamentals of trading with the help of webinars, articles, and analytical materials, while an experienced market participant can deepen his knowledge of the foreign exchange market.
Traders Union experts recommend using a demo account to improve the effectiveness of the educational process. This way, you can put your knowledge into practice while keeping your capital safe. Such a system is suitable for a novice trader, who will receive the necessary practical skills for successful trading. A demo account also allows experienced traders to test new trading strategies and evaluate their effectiveness in practice without risking their own funds.
Customer support
The broker provides its clients with high-quality client support that will assist in resolving any trading questions and problems. The client support service is multilingual and available to traders at any time. Assistance is provided by qualified specialists.
Advantages
- 24-hour client support service
- Client support is multilingual
- Traders are assisted by qualified specialists
Disadvantages
- client support’s response time could be faster
- Few communication options
MTrading’s client support service can be contacted in a variety of ways, including:
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by phone;
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by email;
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messaging via online chat.
Contacts
Foundation date | 2012 |
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Registration address | First Floor, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines. |
Regulation | FinaCom |
Official site | mtrading.com |
Contacts |
+357 220 241 66
|
Comparison of MTrading with other Brokers
MTrading | Eightcap | XM Group | RoboForex | Pocket Option | Markets4you | |
Trading platform |
MetaTrader4, MT4 Web Trader, MT4 Supreme Edition, MT4 Multi-Terminal | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | MT4, MobileTrading, MT5 |
Min deposit | $100 | $100 | $5 | $10 | $5 | No |
Leverage |
From 1:1 to 1:1000 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:10 to 1:4000 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | 10.00% | No | No |
Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 1.2 point | From 0.1 points |
Level of margin call / stop out |
100% / 30% | 80% / 50% | 100% / 50% | 60% / 40% | 30% / 50% | 100% / 20% |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution |
No deposit bonus | $30 | No | No | No | No | No |
Cent accounts | No | No | No | Yes | No | Yes |
Detailed review of MTrading
The MTrading brokerage company was founded in 2012 and provides international financial services. In its first eight years of operation, it has managed to open more than ten offices on four continents. The company has over 250,000 clients globally.
The company was founded in Saint Vincent and the Grenadines and is registered under registration no. 24275 IBC 2017. The broker also guarantees its clients’ deposit protection and insurance in the amount of up to 20,000 euros. Client funds are secured by an independent Financial Commission.
MTrading by the numbers:
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1:1000 is the maximum leverage;
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4 is the number of continents where MTrading offers its services;
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$4 is the maximum amount of the trading fee;
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8 years of providing quality services;
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more than 10 offices located in different parts of the world;
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100+ trading assets;
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over 5,000 referral program participants from various countries;
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20,000 euros is the maximum amount of insurance for each client’s deposit;
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more than 250,000 satisfied clients worldwide.
MTrading has favorable trading terms for beginners and professionals
The MTrading brokerage company strives to provide its clients with equal trading terms, regardless of their trading experience.
The broker offers beneficial trading terms, such as low trading fees, high leverage, and the ability to use trading robots. Clients also have access to advanced trading platforms and mobile trading solutions. The trading terms on the two broker accounts are nearly identical, indicating the company’s loyalty to clients regardless of their professionalism. Also, the broker’s relationship with clients is regulated by an independent Financial Commission, and each deposit is insured.
MTrading offers two types of order execution: STP and ECN, which allow traders to trade on the interbank market. This approach assumes increased speed in order processing and high liquidity in trading assets.
Additionally, the company provides users with trade copying services. As a result, a trader can profit from copying the trades of experienced market participants. The client can also invest in a PAMM account and earn passive income from the manager’s trading.
Advantages:
narrow spreads from 0.1 pips;
large leverage of up to 1:1000;
several deposit and withdrawal options;
fast processing of orders;
more than 100 trading assets, including currency pairs, stocks, indexes, precious metals, and commodities;
high-quality education program for novice traders;
access to in-depth analytics and the latest news on the foreign exchange market;
the ability to use automated trading programs;
24-hour multilingual client support service;
providing clients with MT4, the proven trading platform;
author’s application for mobile trading;
availability of investment programs for passive trading;
client funds are reliably protected and insured up to a maximum of 20,000 euros.
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