Wikilix
MTrading logo

MTrading

No Regulation
Saint Vincent and the Grenadines
,
Since 2012
Last Updated:
33/100
Overall Score

Trading Conditions

Min Deposit:
USD10
Max Leverage:
1000
Account Types
GoldPro

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Bank Transfer

bank transfer
1 days
Fee:
Free
Fee:
$25

Credit Card (Visa and MasterCard)

credit card
hours
Fee:
Free
Fee:
1.0%

Debit Card (Visa and MasterCard)

debit card
hours
Fee:
Free
Fee:
1.0%

Skrill

e wallet
Instant
Fee:
Free
Fee:
3.0%

Neteller

e wallet
Instant
Fee:
Free
Fee:
3.0%

Perfect Money

e wallet
Instant
Fee:
Free
Fee:
3.0%

USDT (Cryptocurrency)

crypto
Instant
Fee:
Free
Fee:
Free

Bitcoin (Cryptocurrency)

crypto
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 51%, 4: Spread 0%, 5: Account Type 14%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
51%Fair
Spread
0%Poor
Account Type
14%Poor
Symbol
0%Poor
No Regulatory Licenses
This broker currently has no verified regulatory licenses on file.

Company Information

Full Name:MTrading
Founded:2012
Headquarters:Saint Vincent and the Grenadines
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

Broker Summary

Summary of the broker

MTrading Overview

Established in 2012, MTrading has become a leader in providing competitive products and services to emerging markets. MTrading is working to build a strong position in the competitive online FX industry by developing a wide range of trading tools, accounts, and other features to serve both novice and advanced traders, and by providing education and support through an extensive resource library.

MTrading currently serves a large and diverse customer base of over 250,000 active traders worldwide and provides access to multiple account types, trading tools, and educational materials to assist both beginning and experienced Forex traders in becoming successful in the Forex marketplace.

Since its launch, the MTrading brand has undergone several significant changes, including an extensive rebranding in 2024 from Admiral Markets Ltd to MTrading in certain parts of the world. MTrading has also worked hard to adapt to the specific needs of its local Asian-Pacific, African, Latin American, and CIS market segments by allocating a significant portion of its resources to these regions.

This article will outline the entire history, features, regulatory status, trading conditions, fees, and user experience of MTrading. Additionally, the article will include any significant developments regarding MTrading that may have occurred after its launch.

Background and History

MTrading was established in 2012 and is owned by Finvest Solutions Limited, which is registered in St. Vincent and the Grenadines. The CEO of MTrading is Maxim Petrov, who has years of experience in the finance and trading industry and has worked for Admiral Markets Ltd before becoming the CEO of MTrading. MTrading is based in St. Vincent and the Grenadines but also has an office in San Diego, California, USA, showing its global aspirations.

MTrading has grown from a global online broker when it opened its doors to an international online broker focused on emerging markets – areas of the world with increasing demand for access to Forex trading. The rebranding from Admiral Markets Ltd to MTrading in specific markets is part of the strategy to localize the broker's services and further enhance the support for its clients in those regions. Today, MTrading operates in 10+ countries, serving clients from beginner traders to experienced professionals.

 

One of the distinguishing features of MTrading is its commitment to educating clients and supporting them on their trading journey, with an extensive library of resources to help them develop and improve their trading skills and navigate the complexities of trading in the Forex market.

 

Key Features and Offerings

Trading Platforms

MTrading offers the most widely used trading platform in the world: MetaTrader 4 (MT4), available on desktop, web, and mobile platforms. The availability of MT4 across multiple devices allows traders to easily access their trading accounts and execute trades from anywhere at any time, giving them the advantage of implementing their trading strategies on the move. The broker also offers a Web Trader platform for clients who want to trade via their web browsers (without downloading any software), which is excellent for clients looking for fast, easy access to the MTrading Web Trader platform.

Traders who prefer to trade on a mobile device can do so with the mobile applications developed specifically for MTrading on iOS and Android, enabling them to manage their trading portfolios and react to movements in the Forex market while on the go.

 

Account Types

MTrading offers its clients three primary account types based on the client's experience and needs:

Account Type

Target Trader

Key Features

M.Cent

Beginners

Low minimum deposit, no commission, spreads from 0.5 pips

M.Premium

Experienced Traders

Lower spreads from 0.1 pips, $3 commission per lot, higher leverage

M.Pro

Professional Traders

Lowest spreads from 0.0 pips (ECN/STP), $2 commission per lot, advanced features

Additional Services and Instruments

 

MTrading offers a wide variety of trading instruments, including forex pairs, precious metals such as gold and silver, commodities, indices, stocks, CFDs, and cryptocurrencies, allowing traders to diversify their portfolios across multiple markets with a single account.

 

In addition to a wide range of instruments, MTrading offers automated trading via Expert Advisors (EAs) on MT4 and passive investment programs. Additionally, MTrading runs affiliate programs, contests, and bonuses (including a 200% deposit bonus and a $100 welcome bonus), all of which enhance the overall experience for traders.

 

Licensing and Regulatory Compliance

Understanding the broker's licensing and regulatory compliance is crucial for assessing MTrading's safety and trustworthiness. MTrading is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines as an International Business Company (IBC). While this means that MTrading has an IBC registration, it does not constitute a valid financial services license for forex trading in Saint Vincent and the Grenadines, as the SVG FSA does not issue permits or regulate any Forex broker.

To help protect clients from risk, MTrading is a member of the Financial Commission, an independent body that provides dispute resolution for client funds up to 20,000 euros. MTrading also states that it complies with international regulations and provides protection against negative balances to clients, ensuring they do not lose more than their account balance.

Regulator

License Number

Status

Financial Services Authority (Saint Vincent and the Grenadines)

24275 IBC 2017

IBC Registration (Not a financial license)

Financial Commission

N/A

Client fund protection up to €20,000

Trading Conditions and Platform Technology

Trading Conditions

According to the information on MTrading's website and platform, it offers various trading accounts with different minimum deposits, ranging from $100 for most accounts to $1,000 for professional accounts. Most traders will find it easy to open an account due to the low minimum deposit. They will enjoy access to leverage ratios up to 1:1000. The maximum amount of leverage available to you, however, will vary depending on the type of account you have, as well as the country in which you reside.

Different accounts may offer varying commission and/or spread levels. For example, M.Cent offers spreads from 0.5 pips with no commissions, while M.Pro account users may take advantage of ECN/STP trades with spreads starting at 0.0 pips and a $2 commission per lot.

Account Type

Minimum Deposit

Leverage

Spreads (from)

Commission per Lot

M.Cent

$100

Up to 1:1000

0.5 pips

None

M.Premium

$100

Up to 1:1000

0.1 pips

$3

M.Pro

$100

Up to 1:1000

0.0 pips

$2

Platform Technology

The MetaTrader 4 platform is the most prominent part of MTrading's technology base because it is well-known for being reliable, offering an extensive set of charting tools, and enabling automated trading through Expert Advisers. For those who want to avoid downloading and using software, MTrading has also created a Web Trader platform for web-based trading.

With mobile applications available for both iOS and Android devices, traders can access markets and place trades at any time, from any location. In addition, there is an economic calendar, trading signals, copy trading through investment programs, and fast order execution using a market execution model.

Platform

Availability

Key Features

MetaTrader 4 (MT4)

Desktop, Web, Mobile (iOS & Android)

Technical analysis, Expert Advisors, Fast execution

Web Trader

Browser-based

No download required, quick access

Mobile Apps

iOS & Android

On-the-go trading, notifications, portfolio management

Fee Structure

MTrading maintains a transparent fee structure with no hidden charges. Deposits via major payment methods such as credit/debit cards, e-wallets, and bank transfers incur no fees. Withdrawals are also free of broker fees, although third-party payment processors may apply their own charges.

Importantly, MTrading does not impose inactivity fees, making it a cost-effective choice for traders who may take breaks or trade intermittently.

Fee Type

Details

Deposit Fees

No fees via major payment methods

Withdrawal Fees

No broker fees; payment processors may charge

Commission

Varies by account: None (M.Cent), $3/lot (M.Premium), $2/lot (M.Pro)

Inactivity Fees

None

Other Charges

No hidden fees

 

User Experience and Reputation Within the Market

Based on all feedback from MTrading users, the most common themes relate to: 1) fast order management, 2) competitive spreads, and 3) multilingual customer service, with a quick response time when assistance is requested. Additionally, MTrading offers generous bonuses and promotions, attracting new traders seeking extra value from their trading accounts.

Some users have expressed concern about MTrading's regulatory status and the lack of transparency in its management's operations. The absence of a significant regulatory license adds a level of risk for traders, as they may deposit large sums into their accounts.

Generally, MTrading has received positive evaluations on third-party review sites for customer service and trading conditions; however, participants will find differing opinions in independent reviews regarding regulatory safety. Overall, the broker is well-positioned to leverage its existing client base in Emerging Markets & localized products and services, thereby enhancing its overall reputation.

 

Evolution

Beginning in 2024 and continuing through 2025, MTrading launched a new Strategic Branding initiative in select markets from Admiral Markets Ltd. This approach is being used to increase localization efforts and improve the efficiency of the KYC process. These actions were taken to better meet the needs of clients in the Asia Pacific, Africa, Latin America, and CIS regions by adhering to local regulations and market conditions.

MTrading is continuously improving its platform technology and bonuses to ensure it remains competitive within the industry. Recognition from multiple industry organizations as a Top Bonus Broker and for providing high-quality Promotions emphasizes MTrading's commitment to rewarding its client base.

 

Conclusion

Overall, MTrading offers unique advantages due to its strong, growing client base and its competitive edge in both Emerging Markets and localized products and services. MTrading provides an extensive product line of trading tools and flexible account types, making it a viable broker option for users at all levels. The availability of generous bonuses and quick support makes MTrading attractive as well.

However, potential users of MTrading should consider both the benefits of using the broker versus the regulatory risks. MTrading operates as an IBC under the laws of Saint Vincent & the Grenadines, a jurisdiction with little regulatory oversight. Although becoming a member of the Financial Commission provides traders with a degree of protection, users should always be cautious about the risks inherent in this business model.

Overall, MTrading offers traders competitive execution and localized services within Emerging Markets. However, users should proceed to sign up for an account with MTrading only after conducting sufficient due diligence to determine the specific regulations that protect their accounts.

Regulatory Licenses

Compliance & oversight

No Regulatory Licenses

This broker does not have any verified regulatory licenses on file.

Trading with unregulated brokers carries significant risks.

Account Types

Trading account options

2 types
Gold
VIP
Min Deposit USD 10 • Leverage 1:1000 • Commission No Commission
Min DepositUSD 10
Leverage1:1000
CommissionNo Commission
Pro
VIP
Min Deposit USD 10 • Leverage 1:1000 • Commission $4 per 1.0 lots
Min DepositUSD 10
Leverage1:1000
Commission$4 per 1.0 lots
2
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

12 methods
Bank Transfer
Bank Transfer1 min
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:USD 25
Min:USD 10
Max:N/A
Withdrawal fee is a maximum fixed charge of $25.
Credit Card (Visa and MasterCard)
Credit Cardhours
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:1%
Min:USD 10
Max:N/A
Withdrawal via credit cards not supported in all regions.
Debit Card (Visa and MasterCard)
Debit Cardhours
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:1%
Min:USD 10
Max:N/A
Withdrawal via debit cards not supported in all regions.
Skrill
E-WalletInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:3%
Min:USD 10
Max:N/A
Withdrawal fee specifically 3%.
9
Free Deposit
12
Instant
2
Crypto

Trading Platforms

Professional trading tools

2 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with MTrading: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark MTrading at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for MTrading

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://mtrading.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

Share your thoughts and experiences with MTrading