MTrading Review 2026

Top Brokers Overview — United States
How we tested MTrading

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

MTrading Pros & Cons

  • 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.

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.

TU Expert Verdict

Chief Analytics Officer

MTrading carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

MTrading provides access to trading 60 Forex pairs, stock CFDs, indices, metals, and cryptocurrencies through MetaTrader 4, MT4 Multiterminal, and MT4 Supreme Edition, as well as a WebTrader platform for mobile users. The broker offers both Standard and ECN/Raw account types alongside demo, cent, and micro account options, with leverage up to 1:1000 and a minimum deposit from $10. Spreads on the ECN/Raw Pro account start at 0 pips with a $4-per-lot commission, while Premium accounts offer spreads from 1 pip and no trading fee. MTrading is regulated by The Financial Commission, offering investor protection up to EUR 20,000.

Notable drawbacks include reliance on a Tier-3 regulator, a limited selection of tradable assets compared to industry leaders, platform instability, an inactivity fee of $50 per month, no swap-free account, moderate customer support responsiveness, and recurring withdrawal complaints. Due to these disadvantages, MTrading may not be suitable for beginners or cost-sensitive traders, but some experienced users may consider it if leverage and familiar platforms are a priority.

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  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    6 /10

    The trading and non-trading commissions of MTrading have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • Low Forex trading fees
    • Tight EUR/USD market spread
    • No deposit fee
    • No withdrawal fee
    • 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 OANDA FOREX.com
    EUR/USD min, pips 1.0 0.1 0.7
    EUR/USD max, pips 1.4 0.5 1.2
    GPB/USD min, pips 1.0 0.1 0.9
    GPB/USD max, pips 1.7 0.5 1.4

    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 OANDA FOREX.com
    Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 2 3.5 5
    EUR/USD avg spread 0.3 0.15 0.2
    GBP/USD avg spread 0.3 0.2 0.4

    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 OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0
    Inactivity fee ($, per month) 50 0 15
  • Is MTrading Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    4.7 /10

    MTrading has a safety score of 4.7/10, 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.

    • Is regulated
    • Negative balance protection
    • Track record over 14 years
    • Not tier-1 regulated
    MTrading Regulators and Investor Protection
    The Financial CommissionThe Financial Commission Full Name The Financial Commission Country of regulation International Investor Protection Fund Up to €20,000 Regulation Level Tier-3
    MTrading Security Factors
    Foundation date 2012
    Negative balance protection
    Yes
    Verification (KYC)
    Yes
  • Account Types

    Score:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    4.1 /10

    MTrading offers the following account options: Demo, Standard, ECN/Raw spread, Cent, Micro, Swap Free, Managed.

    MTrading covers the core account types, making it convenient for traders with different preferences and strategies.

    • Forex account with Micro lots
    • Demo account
    • Standard account with balanced trading conditions
    • No VIP account option
    MTrading account types vs top competitors
    MTrading Plus500 OANDA
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    Yes
    No
    Yes
    Demo
    Yes
    Yes
    Yes
    Cent
    Yes
    No
    No
    Micro
    Yes
    No
    Yes
    Swap Free
    Yes
    No
    Yes
    VIP
    No
    No
    No
    Managed
    Yes
    No
    No

    MTrading accounts trading conditions

    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:

    Account Type Description
    Demo The demo account is intended to help traders become acquainted with trading terms and gain trading experience. This account is great for novice traders who have not yet figured out the specifics of the currency market and want to try their hand at a virtual account. Also, a demo account will be useful to professionals; with its help, they can safely test a new trading strategy without incurring losses;
    Premium. The account is suitable for traders of all skill levels. The minimum deposit is $100. A client with such an account has access to 38 currency pairs, 74 CFDs (stocks, energies, and metals), and 10 indexes. Lot sizes range from 0.01 to 100. The spread starts at 1 pip, and there is no trading fee. Except for Autochartist, the broker provides market execution of orders (STP) and access to all educational and analytical materials.
    Pro. This account is suitable for more experienced market participants. The minimum deposit is $500. The client gets access to 27 currency pairs and 2 CFDs. Lot sizes range from 0.01 to 200. The spread begins at 0 pips, and the fee for one standard lot is $4. Execution of orders is market-based (ECN). A client with such an account has access to all educational and analytical materials.

    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

    Score:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    6.5 /10

    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
    • Minimum deposit below industry average
    • USDT (Tether) supported
    • Bitcoin (BTC) accepted
    • BTC not available as a base account currency
    • Limited deposit and withdrawal flexibility, leading to higher costs
    • PayPal 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 OANDA
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    Yes
    Yes
    Yes
    PayPal
    No
    Yes
    Yes
    Wise
    No
    No
    No
    BTC
    Yes
    No
    Yes

    What are MTrading base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. MTrading supports the following base account currencies: USD, EUR, RUB.

    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

    Score:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    6.3 /10

    MTrading offers a limited selection of trading assets compared to the market average. The platform supports 123 assets in total, including 60 Forex pairs.

    • 60 supported currency pairs
    • Crypto trading
    • Copy trading platform
    • No ETFs
    • Bonds not available

    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 OANDA
    Currency pairs 60 60 68
    Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 123 2800 129
    Stocks
    Yes
    Yes
    Yes
    Commodity futures
    Yes
    Yes
    Yes
    Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
    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 OANDA
    Bonds
    No
    No
    Yes
    ETFs
    No
    Yes
    No
    Copy trading
    Yes
    No
    Yes
    PAMM investing
    Yes
    No
    No
    Managed accounts
    Yes
    No
    No
  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at MTrading by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    9 /10

    We successfully registered an account with MTrading in 5 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at MTrading is $10. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Fully online account opening process
    • Low minimum deposit requirement
    • Fast registration time (up to 15 minutes)
    • Account approval may require extra time depending on the documentation.
    MTrading account opening
    MTrading Plus500 OANDA
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $10 $100 $0
    Mandatory KYC
    Yes
    Yes
    Yes
    Registration time (min) 5 10
    KYC time (days) 2 3 3

    Is MTrading available in my country?

    If you are a citizen of United States, the broker accepts clients from your country.

    Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

    Account opening details

    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:

    • capital letters;
    • lowercase letters;
    • numbers;
    • special characters;
    • 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.

  • Trading platforms & tools

    Score:
    This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria
    7.5 /10

    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.

    • Trading bots (EAs) allowed
    • Free VPS for uninterrupted trading
    • MetaTrader is available
    • One-click trading
    • No TradingView integration
    • Strategy (EA) Builder is not available
    • 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 OANDA
    MT4
    Yes
    No
    Yes
    MT5
    Yes
    No
    Yes
    cTrader
    No
    No
    No
    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 OANDA
    Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.
    No
    No
    No
    API
    No
    No
    Yes
    Free VPS
    Yes
    No
    Yes
    Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.
    No
    No
    Yes
    Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.
    No
    No
    Yes
  • Mobile Apps

    Score:
    This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria
    2 /10

    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 2FA not supported

    We compared MTrading with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

    MTrading Plus500 OANDA
    Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 0,00 10,000,000 1,000,000
    App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 0 4.7 4.8
    Google Play score 0 4.4 3.4
    Mob. 2FA
    No
    Yes
    Yes
    Mob. Indicators
    No
    Yes
    Yes
    Mob. Alerts
    No
    Yes
    Yes
  • Customer Support

    Score:
    We evaluated Customer Support at MTrading by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    5.2 /10

    Customer support at MTrading is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

    During testing, response times were moderate, and communication depended on the complexity of the request. MTrading provides basic support functionality but does not stand out in overall service performance.

    Information

    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.

    • 24-hour client support service
    • Client support is multilingual
    • Traders are assisted by qualified specialists
    • 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: 

    • by phone;
    • by email;
    • messaging via online chat.
    Contacts
    Foundation date 2012
    Registration address First Floor, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines.
    Regulation The Financial Commission
    Official site mtrading.com
    Contacts support@mtrading.com +357 220 241 66

Best MTrading Alternatives

Plus500
Logo Plus500
Plus500
7.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
OANDA
Logo OANDA
OANDA
7.2 /10
Regulation Tier-1
EUR/USD 0.1 pips
Trading.com USA
Logo Trading.com USA
Trading.com USA
6.2 /10
Regulation Tier-1
EUR/USD 0.9 pips
FOREX.com
Logo FOREX.com
FOREX.com
7.1 /10
Regulation Tier-1
EUR/USD 0.7 pips
IG Markets
Logo IG Markets
IG Markets
7 /10
Regulation Tier-1
EUR/USD 0.6 pips

FAQs

How do safety ratings and regulation describe the security of trading with MTrading?

MTrading has a safety score of 4.7/10, which corresponds to a low security level in this review. It is regulated by The Financial Commission (a Tier-3 regulator), offers negative balance protection, and has an investor protection fund of up to €20,000, but it is not tier-1 regulated, which may imply higher regulatory risk compared with top-tier jurisdictions.

What do reviews say about MTrading’s spreads, commissions, and non-trading fees?

According to the section, MTrading’s overall fee level is rated as medium, with a fees score of 6/10. Standard account EUR/USD spreads typically range from 1.0 to 1.4 pips, ECN accounts have an average 0.3-pip spread plus a $2-per-lot commission, and there are no deposit or withdrawal fees, although a $50 monthly inactivity fee applies.

What account types and trading conditions are available at MTrading?

MTrading offers a range of account types, including Demo, Standard (Premium), ECN/Raw (Pro), Cent, Micro, Swap Free, and Managed accounts, but does not provide a VIP option. The Premium account has a $100 minimum deposit with spreads from 1 pip and no trading fee, while the Pro account has a $500 minimum deposit with spreads from 0 pips and a $4 fee per standard lot, and both provide access to educational and analytical materials.

What markets and investment options can traders access with MTrading?

MTrading supports 123 tradable assets, including 60 currency pairs, as well as stocks, commodity futures, cryptocurrencies, and stock indices, but does not offer options, bonds, or ETFs. The broker also provides copy trading, PAMM investing, and managed accounts for those who prefer more passive investment formats.

What do reviews and feedback indicate about MTrading’s customer support service?

Based on the section’s description, MTrading’s customer support is available 24 hours, multilingual, and staffed by qualified specialists, but response times are described as moderate and sometimes requiring follow-ups. Clients can contact support by phone, email, or online chat, and the overall service is characterized as functional without standing out in performance.

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