MyTrade Review 2021
Attention!
Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.
Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:
Summary of MyTrade Trading Company
MyTrade offers internet-based trading services all over the world, enabling trading operations in the international currency market Forex. Company enables trading on Forex market while ensuring round the clock quality technical support. Handy and easy to use trading platform MetaTrader 4 offers access to timely financial news, technical analysis of financial instruments, the ability to use mechanical trading systems and much more.
We work exclusively with the accounts opened through IAFT.
MyTrade Latest Comments 2021
The reviews by customers of the MyTrade indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of MyTrade published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
No entries yet.
Analysis of the Main Features of the Forex Broker
Comparison of MyTrade with other Brokers
| MyTrade | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Trading platform |
No | MT4, MobileTrading, MT5, cTrader | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MT5, MobileTrading | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
| Min deposit | No | $100 | $200 | $5 | $100 |
| Leverage | No |
From 1:1 to 1:500 |
From 1:25 to 1:500 |
From 1:1 to 1:888 |
From 1:200 to 1:400 |
| Trust management | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No |
| Spread | No | From 1 point | From 0 points | From 1 point | From 0 points |
| Level of margin call / stop out |
No | 25% / 20% | 100% / 30% | 50% / 20% | 25% / 10% |
| Execution of orders | No | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
| No deposit bonus | No | No | No | $30 | No |
| Cent accounts | No | No | No | Yes | Yes |
Broker comparison table of trading instruments
| MyTrade | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Forex | No | Yes | Yes | Yes | Yes |
| Metalls | No | Yes | Yes | Yes | Yes |
| Crypto | No | No | Yes | No | Yes |
| CFD | No | Yes | Yes | Yes | Yes |
| indexes | No | Yes | Yes | Yes | Yes |
| Stock | No | No | Yes | Yes | Yes |
| ETF | No | Yes | Yes | No | Yes |
| Options | No | Yes | No | No | Yes |
Contacts
Tags:
MyTrade Markets MyTrade Markets Ltd. www.mytrademarkets.com mytrademarketsThe Oldest Reviews of the MyTrade
The reviews by customers of the MyTrade indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of MyTrade published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.
No entries yet.
Latest Forex Articles that may help you
FAQs
Do reviews by traders influence the MyTrade rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about MyTrade you need to go to the broker's profile.
How to leave a review about MyTrade on the Traders Union website?
To leave a review about MyTrade, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about MyTrade on a non-Traders Union client?
Anyone can leave feedback about MyTrade on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
Why is it more profitable to work with MyTrade through Traders Union?
Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.
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