MTrading review: Is it a legit or scam forex broker?

People who write https://forexhero.info/ have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I was charged exorbitant fee for deposit transaction into my account without notification at the time of the transaction. Also, the exchange rate allegedly used for my transaction was 523NGN to 1$ at a time when the rate was 475NGN to 1$. Up till now, it hasn’t been resolved despite repeated mail sent to the support email. As far as we can see, all the funds are withdrawn from your account now. If you still need our help, you are welcome to contact us at We’ll be glad to help.

The technical storage or access that is used exclusively for anonymous statistical purposes. The server operator Almina Corp as is not a registered broker, investment advisor or broker. Try out the new Trending Stocks and Analyst Forecast & Price Targets features powered by TipRanks.

Minimum deposit

The company’s trading platform is powered by MetaTrader 4, which is a popular choice among traders due to its advanced features and ease of use. It is the only account with zero spreads which may make it the preferred choice for anyone who is using scalping strategies or automated systems that rely on tight spreads. It does have a commission fee on top of $4 per standard lot, which means the overall difference in price might not be that significant unless you are trading larger volumes. The account does require a higher minimum deposit of $500.

The MQL editor lets you develop your own in the MQL4 language if you have the programming skills to do so. Otherwise, you could always hire a freelancer to do it for you and bring your ideas to life. Whatever your idea for a trading strategy, you can probably create it in the MT4 platform. The MT4 supreme edition lets traders enjoy one of the most powerful plug-ins for flawless forex trading.

Glad to be one of Mtrader ,they response too quick then other brokers .. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. I cannot withdraw from Mtrading platform and I request to solve it. Note, clients cannot sign up for an account from the US, UK, Australia, and some other countries.

It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform.

mtrading review requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. MTrading strictly does not accept third-party payments.

Mtrading Details

The MT4 MultiTerminal will let you place market and pending orders, view live market prices and monitor all account balances and equity in real-time. This professional software combines rich functionality with exceptionally high usability. The program interface is very similar to the MetaTrader 4 desktop terminal, so any trader who is familiar with MT4 can use this program with relative ease. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. M Trading is a Vincentian forex broker company that is based in Kingstown. The company boasts over 250,000 traders and 5000 profiting partners.

Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. The processing time is 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. Forex — the foreign exchange market is the biggest and the most liquid financial market in the world. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference.

Mtrading platform scam customer for over 2 millions. Now, it cannot be withdrawn. It seems about to crash

You can start trading with a minimum deposit of ONLY $10! This account is for micro lot trading and requires a minimum deposit of just $10 which makes it the most accessible account. The spreads start from 1 pip which is not the lowest I have come across but it is worth considering there is no commission included on top as it is already accounted for within the spread. The disadvantage of this account type is that it is limited to small trade sizes and you do not get access to all of the trading instruments. Founded in 2012, MTrading is an online brokerage that provides you with simple and easy access to CFD trading online across various asset classes including forex, stocks, commodities and indices.

If you are primarily looking to trade forex, then you will be pleased with the vast selection of minor, major and exotic currency pairs. If you are looking to trade stocks, then you may want to consider another option from our best stock brokers. Unfortunately, MTrading do not offer any additional standalone trading tools such as trading calculators, market sentiment tools, technical indicators, fundamental indicators. However, this isn’t really a big deal as the provided MT4 platform is likely to have more than enough trading tools for most traders. They do provide the MT4 Supreme Edition which in itself is an excellent addition to anyone’s trading strategy in my opinion. You can also get plenty of other free or paid add-ons for the MT4 platform from the MQL marketplace which can be accessed directly from within the platform.

If that is something you are looking for, then Hankotrade do support crypto funding. This account has more instruments available to trade but the spread is still not the lowest as it also starts from 1 pip. However, there is also no commission fee on this account type and you can trade standard lot sizes with a reasonable minimum deposit requirement of $100. I found that MTrading has a reasonable selection of financial instruments for trading online but think they are lacking in terms of individual stocks.

• MTrading also offers a standard account for more experienced traders, which offers higher leverage and tighter spreads.
• This consists of the trading in gold and other precious metals which are hard commodities.
• Unfortunately, MTrading do not offer any additional standalone trading tools such as trading calculators, market sentiment tools, technical indicators, fundamental indicators.
• Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.

At the broker page is also a contact form in which every trader can leave his or her personal info, send a message, and get feedback on the issues that is important. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. As for the informative aspect of this website, we were able to find the most of the information pretty easily but, again, there was an issue of the same information not being too insightful.

MTrading Pros and Cons

Sources we use are if the website is listed on phishing and spam sites, if it serves malware, the country the company is based, the reviews found on other sites, and many other facts. This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.

One of the things that helps differentiate MTrading from other brokers is that they provide various versions of MT4, including the standard terminal, MultiTerminal and supreme edition. MTrading offers a demo account for prospective traders that operates in the same way as the live account, though trades do not affect the market. The trial account is a great place to start for investors looking to test the MT4 platforms and the broker’s copy trading service. Users are then free to sign up for a live account when they feel ready. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Get Latest MTrading Promotion

MTrading is an unregulated broker offering investing in forex, indices, stocks, and commodities. The MT4 platform is available with a host of add-ons and extra features. Our review of the broker covers minimum deposits, withdrawals, spreads, leverage, and more. MTrading does have some handy free educational materials for both experienced and beginner traders. The broker strives to provide clients with helpful free materials on forex, stocks, indices and commodities trading.

Investing in contract-based tradable goods is a dependable way to alleviate risk during times of inflation or economic uncertainty. To attract new business from traders, Forex brokers normally lure them with eye-catching deposit bonuses. For new investors, this can be very handy, but one has to know what to determine is a decent bonus. The commissions are the costs levied by the broker on a client for making trades on the client’s behalf. The level of commissions will differ between various brokers and it will also depend on the different kinds of services, accounts, and trades done by the brokers.

• To attract new business from traders, Forex brokers normally lure them with eye-catching deposit bonuses.
• The MQL editor lets you develop your own in the MQL4 language if you have the programming skills to do so.
• In regards to what exactly is a Forex broker, it is a firm that gives traders admittance to platforms that let them buy and sell foreign currencies.

The $30 no deposit welcome bonus and 200% deposit bonus are available to any customer. Above this, the Copy Trading service allows customers to earn money by copying deals of the pro traders. And log out suddenly while im closing my trade with profit. Customer service only ask me to change password of the mt4 mpro account.

MTrading also offers a standard account for more experienced traders, which offers higher leverage and tighter spreads. When choosing a broker, one of the first things I look for is regulation. This is because a regulated broker must comply with rules that have been put in place to protect investors. MTrading is registered by the Financial Services Authority of Saint Vincent and the Grenadines . It is important to be aware that not all regulators are treated equally.

MTrading provide solutions for busy traders who do not have the time to trade and investors who are looking to copy strategies of other traders. You can find a generous selection if trading strategies that you can choose to copy signals from if they meet your requirements. If you have your own strategy, you can also share it with others. Whilst social trading does mean you can take a hands-off approach, it should be noted that there can be no guarantee of performance. Past results are all we have to go by and not an indication of what will happen in the future.

The main goal of this site is to provide quality reviews, comparison, and other brokers information that allows traders to make reliable choice when choosing a broker. MTrading allows traders to choose their bonus when depositing funds into the M.Premium account. Always check the terms and conditions before signing up. MTrading is not regulated by any regulatory body and its head office is in St Vincent and the Grenadines. The brokerage offers a modest range of instruments with excellent tools, including a copy trading service.

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