MTrading Review
- Excellent selection of trading platforms
- Diverse selection of tradeable assets
- Favorable trading conditions
- Good customer support
- Offshore trading brokerage
- Very high leverage options
- Limited number of tradeable assets
MTrading is a highly lucrative online trading brokerage that offers traders from around the world the opportunity to participate in the trading of a wide range of global markets. The brokerage is highly innovative and not afraid to diversify their trading services to accommodate the needs of a variety of traders. MTrading caters to both beginner traders by providing extensive educational resources and content and experienced traders with highly advanced trading platforms, tools, and features. The MTrading broker is owned and operated by ServiceComsvg Ltd. and is based out of St. Vincent and the Grenadines with their headquarters located at First Flour, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines. As well, MTrading is registered by the Financial Services Authority of Saint Vincent and the Grenadines and also a member of the Financial Commission (FinaCom PLC). With these regulatory compliances, MTrading competently serves traders from around the world but primarily focuses on traders from the Asia Pacific region, Africa and South America. Therefore, if you are a trader from these parts and looking for a broker to deal with, MTrading could be the broker for you. However, before making a decision read our in-depth review below.
Trading Platform
MTrading takes the quality of their trading services very seriously and therefore provides their traders with a selection of highly sophisticated trading platforms to choose from. The selection of trading platforms available are comprised of the MetaTrader 4 (MT4) trading platforms. See an overview of these trading platforms below.
MetaTrader 4 (MT4)
This version of the MT4 platform can be downloaded on multiple different operating systems including Windows, Mac, and Linux desktop computers. As well, downloadable mobile trading applications are available for both iOS and Android mobile devices. The MT4 platform has an intuitively design user interface that supports numerous advanced trading tools, features, and functions. Traders can even participate in automated trading and conduct advanced technical analysis. As well, multiple advanced order types are supported, and various other features are too.
MT4 WebTrader
This version of MT4 can be accessed from any desktop computer or mobile device via the web browser interface. The platform supports one click trading directly from the charts and has lightning fast execution speeds. Traders can customize their trading interface and create various watch lists and price alerts for their favorite tradeable assets.
MetaTrader 4 Multi-Terminal
This trading platform is designed for simultaneous order allocation for large account managers who generally work for an investment firm and invest on behalf of multiple clients. This trading terminal supports an unlimited number of trading accounts which can be controlled from one single master account.
Exchange Markets
MTrading is a very innovative online trading brokerage which is evident in the tradeable assets made available to their traders. For instance, MTrading supports the trading of Forex and CFDs on precious metals, energies, indices, stocks, and cryptocurrencies. In total, traders can trade over 106 tradeable instruments. These financial assets can be traded on leverage of up to 1:1000 for both Forex and CFD trading and major Forex currency pairs have spreads that start as low 0 pips traders can trade micro lots that start from just 0.01. Both the tradeable markets and conditions are very favorable to traders.
Fees and Commission
MTrading charges various fees depending on the account type chosen by the trader. The standard account type incurs a trading fee through the spread on each trade. The spreads are variable and start as low as 1 pip on the standard trading account and are as low as 0 pips on the ECN trading account. However, the ECN trading account incurs commissions of $3.00 as well as spreads on each trade. Overall, the commissions and fees imposed on traders at MTrading are very low and competitive compared with much of the competition.
Security and Fairness
MTrading is a very safe, secure, and fair online trading brokerage who has been successfully providing reliable online trading services since 2013. The broker is a member of the Financial Commission (FinaCom PLC) which is a reputable dispute resolution organization that protects investor funds of up to $20,000 from broker fraud. As well, the organization will take any complaints a trader may have and take serious action against the broker if need be. Therefore, MTrading must maintain their reputation to be a member of this organization. Also, MTrading employs the latest and greatest security measures on all transmitted data by using advanced SSL encryption technology. MTrading also uses secure, regulated, and reputable payment services for facilitating transactions. All in all, MTrading is a secure and fair online trading broker.
Support
MTrading provides exceptional customer support to their clients, especially in their primary regions of the Asia Pacific, Africa, and South America as they physically operate in key cities here. As well, customers can reach customer support via telephone, email, and live chat with guaranteed responses within 24 hours. Additionally, customers can receive support via the brokerages extensive FAQ page and education center that comes complete with webinars, financial seminars, articles, tutorials, and a glossary.
Conclusion
Overall, the MTrading online trading brokerage is a competent and reliable trading service that supports a wide array of tradeable assets, a number of trading platforms, and accomodates all types of traders. The broker has a strong emphasis on investor education and cares deeply about their clients success. As well, MTrading provides their traders with favorable trading conditions and low and competitive commissions and spreads. All in all, MTrading is a viable online trading brokerage that could be right for you.
MTrading Q&A
The following are the common questions that customers inquired about MTrading.
Is MTrading regulated?
Yes, it is a member of the Financial Commission (FinaCom PLC).
Is MTrading a scam?
No, MTrading is a legit broker and it’s licensed in the St. Vincent and the Grenadines.
Where is MTrading based?
MTrading is located at the First Flour, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines.
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