Wikilix
MTrading logo

MTrading

No Regulation
Saint Vincent and the Grenadines
Since 2012
Last Updated:

Trading Conditions

Min Deposit:
USD10
Max Leverage:
1000
Account Types
  • Gold
  • Pro

Official website

Homepage of mtrading.com as we captured it

mtrading.com

Online · checked Sep 10, 2026

8 pages archived · Sep 24, 2026

Funding Methods

8 methods

Bank Transfer

bank transfer
Up to 1 day
Fee:Not recorded
Fee:$25

Credit Card (Visa and MasterCard)

credit card
Not recorded
Fee:Not recorded
Fee:1%

Debit Card (Visa and MasterCard)

debit card
Not recorded
Fee:Not recorded
Fee:1%

Skrill

e wallet
Instant
Fee:Not recorded
Fee:3%

Neteller

e wallet
Instant
Fee:Not recorded
Fee:3%

Perfect Money

e wallet
Instant
Fee:Not recorded
Fee:3%

USDT (Cryptocurrency)

crypto
Instant
Fee:Not recorded
Fee:Not recorded

Bitcoin (Cryptocurrency)

crypto
Not recorded
Fee:Not recorded
Fee:Not recorded

Trust rating

Do not trust

20 out of 100 · 87% checked

It copies another firm's identity, and our investigation found it is likely a scam.

Capped at 20 · Clone firm or regulator warning

Regulation—Not shown

We checked MTrading on 2026-10-24 across its company record, client terms, trading offer and service, and could verify 87% of its record. The score was held at 20 because it copies another firm's identity. What would move the score: all-in eurusd cost, instrument breadth, wikilix community. Our published investigation found it is likely a scam, with 5.7 years of track record. Its client terms carry high risk, with 9 critical clauses.

Score last calculated 2026/10/24

No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

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

Customer Support

Phone:
—
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down

Is MTrading a scam?

Wikilix independent safety report

Read the full report
70%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5

MTrading is a real, long running forex broker, but we rate it high risk and likely unsafe: the company that actually holds your money is unregulated, and Malaysia's securities regulator has placed mt…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency5/10 · ModerateWithdrawals & conduct5/10 · ModerateReputation6/10 · HighWebsite claims5/10 · ModerateOperational history6/10 · High

What MTrading legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

MTrading's Bengali contract and its English contract are not the same document. The Bengali version has no negative balance protection and caps leverage at 1:1000, while its pages sell 1:8888. The dormancy fee reads 50 USD a month in Bengali and 100USD in English. Your deposit also stops being yours on arrival: the risk disclosure says it is not segregated and MTrading may use it on its own account.

9Critical clauses
20Clauses flagged
9Documents read
8.5/10Contract risk
Read the full terms report16 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about MTrading: its history, the licences it holds, its trading conditions and its fees.

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.

Website archive
Captured

Website snapshots

8 full-page captures of MTrading's own site, archived so what they said can still be read after the pages change.

8 pages
Homepage
About MTrading
Account Types
Contract Specifications
Deposits & Withdrawals
Contact Us
Risk Disclosure
Terms of Business
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check

Regulatory Licenses

We have not confirmed any regulation for MTrading. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for MTrading. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Trading accounts
Updated

Account Types

2 account types on record. Minimum deposit from USD 10. Leverage up to 1:1000.

2 account types
AccountMin DepositMax LeverageCommission
GoldVIPUSD 101:1000No Commission
ProVIPUSD 101:1000$4 per 1.0 lots
Account names and conditions as published by MTrading, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

12 ways to fund an account. 4 credit instantly. The costliest way in is Minute Pay / ZotaPay (India) at 3%.

12 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer1Not recordedUSD 25USD 100USD 10Not recordedUp to 1 day
Credit Card (Visa and MasterCard)Credit CardWithdrawal via credit cards not supported in all regions.Not recorded1%USD 100USD 10Not recordedNot recorded
Debit Card (Visa and MasterCard)Debit CardWithdrawal via debit cards not supported in all regions.Not recorded1%USD 100USD 10Not recordedNot recorded
SkrillE-Wallet2Not recorded3%USD 50USD 10Not recordedInstant
NetellerE-Wallet2Not recorded3%EUR 50USD 10Not recordedInstant
Perfect MoneyE-Wallet2Not recorded3%Not recordedUSD 10Not recordedInstant
USDT (Cryptocurrency)CryptocurrencyNot recordedNot recordedUSD 1USD 10Not recordedInstant
Bitcoin (Cryptocurrency)CryptocurrencyNot recordedNot recordedNot recordedUSD 10Not recordedNot recorded
Minute Pay / ZotaPay (India)OtherDeposit fee applies only for India region.3%Not recordedNot recordedUSD 10Not recordedNot recorded
Qiwi Wallet (CIS region)E-Wallet31.5%Not recordedNot recordedUSD 10Not recordedNot recorded
Alfa Click / Russian Standard Bank (CIS region)Bank Transfer31%Not recordedNot recordedUSD 10Not recordedNot recorded
Wire TransferWire Transfer1Not recordedUSD 25USD 100USD 10Not recordedUp to 1 day

Broker's notes on these methods

  1. Withdrawal fee is a maximum fixed charge of $25. · applies to 2 methods
  2. Withdrawal fee specifically 3%. · applies to 3 methods
  3. Deposit fee applies only for CIS region. · applies to 2 methods
Fees, limits and processing times as published by MTrading, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 4 and MetaTrader 5.

2 platforms
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Details
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • mtrading.comMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

5 official channels on record.

5 channels
Channels as published by the broker, recorded by Wikilix.
Company registry check
Checked

Company Registration

MTrading names ServiceComsvg LLC as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
ServiceComsvg LLC
Registration number
1593 LLC 2021
Jurisdiction
Saint Vincent and the Grenadines
Incorporated
Jan 1, 2021
Registry
Saint Vincent and the Grenadines Financial Services Authority (LLC registry)
Registered address
PO Box 2897, Euro House, Richmond Hill Road, Kingstown, Saint Vincent and the Grenadines, VC0100
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about MTrading

Most Popular Questions
MTrading offers customer support via live chat during business hours and email support in English at support@mtrading.com. No phone support details are provided.
MTrading supports various payment methods including bank transfer, credit and debit cards, e-wallets like Skrill and Neteller, and cryptocurrencies such as USDT and Bitcoin. Processing times and fees vary by method.
MTrading offers a maximum leverage of up to 1000. This high leverage level allows traders to control larger positions with a smaller amount of capital.
The minimum deposit amount at MTrading is 10 USD. Deposit methods and minimum amounts may vary depending on the payment option chosen.
MTrading supports MetaTrader 4 and MetaTrader 5 platforms. Both platforms are available for desktop use and offer features like advanced charting and algorithmic trading tools.
MTrading does not have regulation from a recognized financial authority according to the provided data. It holds licenses but no specific regulator is mentioned. Users should consider this when evaluating the broker's safety.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with MTrading