MTrading General Information
| ๐ค Broker Name : | MTrading |
|---|---|
| ๐ฃ Company Name : | SERVICECOM LTD |
| ๐ Foundation Year : | 2001 |
| โ Regulated by : | IFSC |
| ๐ข Headquarters : | Belize |
| ๐ Broker Type : | Market Maker |
๐ต MTrading Minimum Deposit : | 1 USD |
| ๐น Maximum Leverage : | 1:1000 |
| ๐ฑ Base Currency : | โEUR, RUB, USD |
| ๐บ๐ธ US Traders : |
Our MTrading Review
MTrading is Belize-based forex and CFD broker. The broker offers to trade forex, CFD, cryptocurrency, commodities, stocks, etc. MTrading started its journey in 2013.
MTrading Trust and regulation
MTrading is owned and operated by the General Brent LP. MTrading is a member of The Financial Commission. They are regulated by the IFSC (Belize), IFSC/60/270/TS/14.
The broker’s official address is 1st Floor, First Saint Vincent Bank Ltd. The building, James Street, Kingstown, St. Vincent, and the Grenadines.
The International Business Companies register MTradingย ServiceComsvg Ltd under 24275 IBC 2017 and register by the FSA Saint Vincent and the Grenadines (FSA = Financial Services Authority).
The FSA can protect investors’ funds up to โฌ20,000. The offshore broker cannot give you 100% more protection than the other regulated and authorized brokers.
Account opening options
MTrading offers 2 different types of accounts, M.Premium, and M.pro. These account features are:
M.Premium Account
The spread starts from 1 pip.
The minimum deposit is 100 USD.
The maximum leverages are 1:25 for forex and 1:10 for indices.
The market execution type is STP (Straight Through Processing).
Trading instruments are 38 FX currencies, 4 spots meatal on CFDs, 3 spot energy on CFDs, 10 cash indices, and 64 Stock on CFDs.
M.Pro Account
The spread starts from 1 pip.
The minimum deposit is 500 USD.
The maximum leverages are 1:25 for forex and no leverage available for indices.
The commission is $4 per 1.0 lots for forex trading.
The market execution type is ECN (Electronic Communication Network).
Trading instruments are 27 FX currencies and 2 spots meatal on CFDs.
Each account offers an MT4 platform; the maximum open trading position is 200, the sop out is 0.3%, the forex tick size 0.00001,
Also, available EAs offers one-click trading execution, real-time news, economic colander, live webinars, M.Cashback offers, Auto chartist, and autograph 4 tools.
Due to regulation and license, the broker doesnโt provide service in Canada, Germany, New Zealand, the United States of America, the United Kingdom, and Japan.
Trading platforms
MTrading offers the professional MT4 platform for trading. It is available for mobile options and desktops.
MetaTrader 4 for Computer
It is available for both Windows and Mac devices. It offers Hassle-free trading with advanced features. You can download it from their website.
MetaTrader 4 for Mobile: It available to download for IOS and android systems.
MultiTerminal
It offers to Use up to 5 live & 5 demo accounts. Although MTrading MultiTerminal doesnโt provide so much opportunity as other brokers, itโs a good option for traders.
You can monitor equity and all account balance in real-time. It is made for rich functionality and high usability.
MT4 Supreme edition
It is one of the most powerful plug-ins for compact trading. MTrading broker developed the version specially for their clients. The setup comprises apparatuses, for example, the Mini Trader, which is very simple and neatly improves order. These tools are easy to understand and straightforward. This edition features are:
- Mini Terminal
- Trade Terminal
- Tick Chart Trader
- News Feed
- Indicator Solutions and
- Mini Chart
The Mini Terminal is an analytic tool for customizing accounts and included MT4 Supreme version. It allows to customize stop-loss or take profit, trailing stop, and trading volume.
Deposit and withdrawals
MTrading offers convenient and flexible ways to funding. There plenty of payment methods available for their clients. You can deposit and withdraw via bank cards, wire transfer and electronic payment systems, these are ะะปััะฐ ะฑะฐะฝะบ, ะะฐะฝะบ ะ ัััะบะธะน ะกัะฐะฝะดะฐัั, NgรขnLฦฐแปฃng.vn, Qiwi, Neteller, Perfect Money, Visa cards, Skrill, MasterCard, AmBank, Wire Transfer, Maybank, Bank of Ayudhya, Bangkok Bank, RHB Bank, Kasikornbank, RHB Bank SBI Bank, SCB Bank, IDFC FIRST Bank, HDFC Bank, AXIS Bank, Paytm and Local Exchanger.
The deposit is free via all methods except cards 1.5%, Qiwi 1.5%, and Perfect Money 1%. The withdrawal fees are 0% to 3% depends on the method. Only Neteller charges 3% other methods are 1 โ 1.5% rest of all are free to withdraw profits. The maximum charge is $25 for the bank wire transaction.
The processing time is 10-15 min for cards, up to 24 hours for e-wallets, and 1-3 working days for the bank transfer. The withdrawal time can take up to 2-5 working days for wire transfers, and others are the same as the deposit time.
Research and Educations
MTrading a lot of assets and resources to educated all levels of traders. To boost trading skills, they provide regular trading webinars, forex seminars, articles, and tutorials. The article section is divided into 3 sections, forex basic, forex strategy, and forex indicators.
On their website, they have a news section. This section covers all trending news, market buzz, fundamental analysis, and technical analysis.
The analysis and researches are provided by the professional and experts analyst. All are assets, and tutorials are free for everyone.
MTrading Awards
They are an award-winning broker, received many noteworthy awards. The recent awards are:
- The best IB program 2020 by world forex award.
- Change Africa summit award 2019.
- FiNEXPo best broker 2018 & 2019.
- Best forex rebate provider 2016 by china forex expo.
Client support
MTrading provides multilingual support in Russian, Indonesian, Vietnamese, English, Chinese, and Sri Lankan languages.
The frequently asked questions (FAQ) cover all common query answers about financial trading and their services.
The client supports amiable 24/5 via phone, email, website live chat, and a contact form.
- Phone: +357 220 241 66
- Email: [email protected]
Also, you can reach them via social channels:
- VK: https://vk.com/rumtrading
- Twitter: https://twitter.com/Mtrading
- Facebook: https://www.facebook.com/MTradingGlobal
- LinkedIn: https://www.linkedin.com/company/mtrading
- YouTube: https://www.youtube.com/user/MTradingGlobal
- Instagram: https://www.instagram.com/mtrading_official/
Our Conclusion
MTrading is an offshore broker with a few licenses. They provide good educational support. The client support methods are ok. They are providing good services since 2013 with a good reputation. The notable awards are a sign of their services. Here is the pros and cons breakdown for final review.
Pros
- Flexible funding options.
- MetaTrader 4 supreme edition.
- News, analysis, articles, webinars, seminars, and tutorials.
Cons
- Offshore broker.
- Only MT4 trading platform.
- Do not accept US, UK, Canada & New Zealand, clients.
Trading Preference
| ๐ฐ Minimum Spreads : | |
|---|---|
| ๐ฎ Demo Account : | |
| ๐ Mini Account : | |
| ๐ Standard Account : | |
| โจ VIP Account : | |
| ๐ Premium Account : | |
| ๐ Segregated Account : | |
| โช๏ธ Islamic Account : | |
| ๐ Managed Account : | |
| ๐ Pamm Account : | |
| ๐ Affiliate Account : |
Payment Options
| ๐ณ Deposit Methods : | Credit Card, Neteller |
|---|---|
| ๐ณ Withdrawal Methods : | Credit Card, Neteller |
Trading Features
| ๐ Trading Platforms : | MetaTrader 4 |
|---|---|
| ๐ฐ Fixed Spreads : | |
| ๐ Commission on Trades : | |
| ๐ Hedging : | |
| ๐ Scalping : | |
| ๐ Automatic Trading : | |
| ๐ฑ Mobile Trading : | |
| ๐ป Web Trading : | |
| ๐ฅ Signals : | |
| ๐ช VPS Services : | |
| ๐ง Email Alert : |
Trading Instruments
| ๐ Forex/Currencies : | |
|---|---|
| ๐ Commodities : | |
| ๐ CFDs : | |
| ๐ Indices : | |
| ๐ ETFs : | |
| ๐ Stocks : | |
| ๐ Crypto Currency : |
Promotion
| ๐ No Deposit Bonus : | |
|---|---|
| ๐ Deposit Bonus : | |
| ๐ Contest : | |
| ๐ Other's Promotion : |
Get Latest MTrading Promotion
Bonus
Info
Action
MTrading ยป Welcome No Deposit Bonus $100 USD
MTrading ยป Diwali No Deposit Bonus
MTrading ยป Trade & Win, Ramadan Campaign
MTrading ยป Live Competition, Festive Gifts
Support
| ๐ฅ 24-Hours Support : | |
|---|---|
| ๐ฅ Support During Weekends : | |
| ๐ Web Form : | |
| ๐ฌ Live Chat : | |
| ๐ค Call-Back : | |
| โ๏ธ Support Language : | Arabic, Bosnian, Chinese, English, Romanian, Russian, Serbian, Thai, Vietnamese |
Contact Information
| ๐ Website : | |
|---|---|
| ๐ง E-mail : | [email protected] |
| โ๏ธ Telephone : | No |
| ๐ Fax : | No |
| ๐ฎ Address : | First Flour, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines |
My account no in this trader is 68611597. I deposited $100 as directed by Mtrading employee.
Now the deposited money has been robbed. After I asked support from the help center and the responsible persons. But their response was very poor. The company did not get the responsibility of its employees. There are so many frauds. please be careful. Think more before investing the money on this.
The bonus is a little bit elusive, because it does not support margin… the equity showing the total credit, which cannot be use…
Mtrading service is quite good and no problem since i’m using it..
They promised a guaranteed return on my investment but after investing my life savings, I got nothing in return. They seemed legitimate at first, but it was all a scam. I urge people to stay away from fake platforms and not risk their hard-earned money like I did. Report scam toย cybertecx net for payout solutionย
They are all part of these scam platforms, we were a group of people and had to file reports to chargebacksecured -.- com they also helped in recouping all of our investments could not be more thankful.
I read some reviews about the Mtrading broker and they turned out to be quite positive. People share their feedback and they made me think that this is the company I could easily trust.
As a newbie it was difficult a bit to understand how to deposit, what method to choose and so on. But I contacted clients support, they explained everything to me, and I chose tether US for topping up an account and even got a pleasant bonus! ๐๐