Mtrading is a broker that aims at providing secure and comfortable trading experience for its clients. Here are the features of this broker that you should put into consideration when looking for a good broker.
Who is behind Mtrading?
Mtrading seeks to create an emerging market in Asia, Africa, and South America. It is a young brand that was founded in 2013. Its head office is at Belize. Servicecomsvg Limited is behind this brand which is a financial services company that is registered Belize International Financial Services Commission (IFSC).
It is also endorsed by Admiral Market AS which is also a broker that is authorized by Estonian Financial Supervision Authority (EFSA) found at the European Union. Admiral Markets AS servers receives the client’s orders and trades automatically from the Mtrading platform which provides additional security and protection on your funds.
Mtrading offers a total of more than 70 tradable assets. These assets comprise of currencies, spot metal CFDs, spot energy CFDs, spot index CFDs, Cryptocurrencies and stock CFDs.
What Types of Trading Platforms are Available?
The services offered by this broker are on the MetaTrader 4 program that is suitable for forex trading sites. This platform is available for your computer, Web and mobile devices. The MT 4 platform provides clients with an advanced chart, Expert Trading Advisors, Technical analysis provider that makes trading easy for the trader.
Mtrading has come up with its own customized versions of the MT 4 platform. The Mata Trader 4 Multiterminal Platform is customized for simultaneous order allocation and an unlimited number of accounts hence enabling a client to monitor all their accounts quickly.
Meta Trader 4 Web Trader platform does not require you to download it, its browser-based therefore you can access your computer and share their trading anytime. It is suitable for use on your PC and Mac devices.
The Meta Trader 4 excellent platform has exciting features and is also available on the online account as well as a demo account. These platforms will enable you to keep track of your accounts and up to date on trading signals.
What accounts are available?
The M.Premium account offers the client’s variety of services to choose from. The premium account allows a minimum deposit of 100 dollars. It supports 38 currencies with 4 Spot metal CFDs, 3 Spot energy CFDs, 67 Stock CFDs, 10 cash index CFDs and 5 Crypto currencies. It is suitable for small and medium-sized traders.
The M. Pro Account allows a minimum deposit of 500 dollars.IT is best suited for someone with a bit of experience in this field. It offers only 27 currencies and 2 Spot Metal CFDs
It has a Demo account is an account for those who would prefer to invest before making real-time funding. Information about this account is a bit scanty. There is no information on the length a trader is allowed to keep a Demo account nor the amount of virtual amount available.
There are educational tools on its website. The Educational tool contains financial seminars that give knowledge on financial stability for growth. Frequently Asked Questions and answers about Mtrading are also included. Articles and tutorials will provide the potential trader an insight into the history of Mtrading while Traders glossary with the making of different terminologies and webinars.
Deposit and Withdrawal options
Mtrading offers different deposit and withdrawal options. Registration with this broker requires you to make a deposit with the minimum deposit being 10 dollars.It allows different payment options that include Bank transfers, Visa and master card, Skrill, Web money, QIWI wallet, and Neteller.
Withdrawals can be done by authorized and verified traders and are carried out within 24 hours on a working day.
Commission, spreads, and leverage
This broker allows leverage of 1: 500 for the pro account and 1: 1000 for the premium account with 0.1 pips and 0.0020% commission. The spreads are from as low as 0 points.
The clients can enjoy up to 50%bonus valid for every first account deposit allowing you to receive additional funds for trading. There are also trading free signal.
Customer service is available for 24 hours. You can contact the customer support team on the phone by calling them, writing them an email or participate in the live chat feature on the website.
- It supports a customized Mt 4 trading platform
This platform is widely used among many trading platforms. It gives the clients the necessary support with enhanced speed when It comes to trading
- It is regulated
Mtrading is regulated and abides by ECN trading rules and regulations
- High maximum leverage.
It has maximum leverage of up to 1000:1 that allows its clients to trade freely
- No Customer support on the weekends
Customer support is unavailable on the weekends. However, questions posted on the various customer support platforms during weekends are attended to on the next opening
The Mtrading platforms offer most of the desirable features when it comes to forex trading.It also has two essential accounts, accompanied by the Demo account as well as the MT4 trading platform together with various payment options allowing the clients to make a decision based on their needs. Even though there is no customer service on the weekend, it is a broker worth consideration.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK