MTrading Review

  • Trading by phone
  • Free education
  • MAM
  • Segregated accounts
  • Trading contests
  • Personal manager
  • PAMM
  • Bonuses
Company

SERVICECOM LTD
Founded in 2001
Online since 2013

Broker rating
7.4
N/A
Max Leverage
Minimum DEPOSIT
💲
10
Minimum position size
🤑
0.01
Spread
🟢
LOW
🟠
MED
🔴
HIGH
us accepted
🌎
No
serious regulation
🏛️
No
Payment options
Skrill
Wire transfer
Credit/debit cards
Neteller
Perfect Money
Cash
Bank Wire Transfer
Bitcoin
Tether (USDT)
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Offices in
China
Egypt
Russian Federation
Thailand
Saint Vincent and the Grenadines
Viet Nam
Demo platforms
Account currencies
Euro
Russian Ruble
United States Dollar
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REGULATION

No regulation (St. Vincent and the Grenadines)

Currency pairs
AUD/CAD
AUD/CHF
AUD/JPY
AUD/NZD
AUD/USD
BCH/USD
BTC/USD
CAD/CHF
CAD/JPY
CHF/JPY
ETH/USD
EUR/AUD
EUR/CHF
EUR/GBP
EUR/JPY
EUR/NZD
EUR/RUB
EUR/USD
GBP/AUD
GBP/CAD
GBP/CHF
GBP/JPY
GBP/NZD
GBP/USD
LTC/USD
NZD/CAD
NZD/CHF
NZD/JPY
NZD/USD
USD/CAD
USD/CHF
USD/CNH
USD/CZK
USD/HKD
USD/HUF
USD/JPY
USD/NOK
USD/PLN
USD/RUB
USD/SEK
USD/SGD
XRP/USD
Show more
Website available in
English
Spanish
Indonesian
Malay
Portuguese
Thai
Vietnamese
Chinese
Russian
Romanian
TYpe of forex broker
Web Browser Platform
Brokers with CFD Trading
Skrill Brokers
Neteller Brokers
Bitcoin FX Brokers
Cryptocurrency Forex Brokers
PAMM Forex Brokers
Scalping Forex Brokers
Low Spread Brokers
Micro Forex Brokers
High Leverage Forex Brokers
MT4 Forex Brokers

An Insider Review of MTrading Broker: Is It Worth Your Investment?

As someone with years of experience in the trading industry, I've had the privilege of reviewing countless trading brokers. Today, let's dive into an emerging name in the market – MTrading. It's quickly catching the attention of traders, but, it is really the right choice for you? Read on to find out.

Broker Overview: MTrading

MTrading, an online trading broker, was launched by SERVICECOM LTD in 2013, although the company had been founded way back in 2001. It offers an array of features, including trading by phone, MAM, free education, segregated accounts, trading contests, personal manager assistance, PAMM, and even bonuses, which we'll discuss in detail later.

But first, let's address the elephant in the room!

Is MTrading Regulated?

As for regulation, MTrading does not possess serious regulation, which may be a downside for traders looking for security and reliability. Before trading with any broker, it's crucial to check their regulatory status as it often offers a layer of security for your investments.

MTrading: Entry Point and Accessibility

One of the true highlights of MTrading is its extremely low minimum account size— just $10. This makes the broker accessible to novice traders or those who want to start trading with a smaller budget.

The minimum position size is 0.01, another testament to MTrading's commitment to accessibility. However, do note that MTrading is currently not accepting US traders. If you're based in the United States, feel free to skip this review or keep it bookmarked for possible future access!

Broker Feature Highlights

Now, on to those features that make MTrading stand out.

Firstly, MTrading provides trading by phone – a handy feature for those who prefer verbal transactions or lack internet connectivity.

The broker also offers comprehensive free education and a personal manager feature, ideal for newcomers and those seeking to expand their trading skills. For experienced traders, MTrading offers MAM and PAMM accounts, allowing for multiple account management from a single interface.

What's more, MTrading organizes trading contests. Not only are these a great way to test your skills, they also offer the opportunity to win bonuses. Who doesn't love a bit of healthy competition?

Risk Management: Max Leverage

However, there's a cryptically listed feature – Max leverage: recLg5mfiVF2pajoc. Unfortunately, without more information on the specified leverage, it's hard to comment on this offering's safety or utility.

Spreads at MTrading

MTrading offers low spreads which can be beneficial for traders, offering potential cost savings when compared to brokers with higher spreads.

Final Verdict: Average Rating of 7.4

MTrading has an average rating of 7.4, a decent score. The strong features, coupled with low minimum deposit and spread, are definite positives. The lack of serious regulation and inability to accept US traders however, are areas which may limit its reach and reliability.

Conclusively, whether MTrading is an ideal fit for you depends largely on your trading requirements and the risk you are willing to undertake. As always, I recommend doing in-depth research on your chosen broker before trading actively.

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