User Reviews
More
User comment
17
CommentsWrite a review


Score
United Kingdom
Regulated in United Kingdom
Common Business Registration
MT4 Full License
Suspicious Overrun
High potential risk
Benchmark
Influence
Add brokers
Comparison
Quantity 9
Exposure
Score
Regulatory Index1.25
Business Index7.70
Risk Management Index0.00
Software Index9.45
License Index1.25
Single Core
1G
40G
Danger
More
Company Name
Monetrix LTD
Company Abbreviation
MTrading
Platform registered country and region
United Kingdom
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
not recommend to use this broker, scam highly suspect just market manipulatr the market
My friend transferred the money to my account but the system tested that this is money laundering. So my account was frozen. If I wanna unfreeze my account, I should pay margin $10,000. The customer service said the margin would be returned as soon as my account was unfrozen. But they didn’t return my margin after I depositing, nor could the funds be withdrawn.
The broker refuses to allow withdrawals. The broker notifies that a minimum deposit is required before withdrawals can be made. However, even though the deposit has been credited, it cannot be withdrawn.
Issues with withdrawal.....minimum withdrawal requirements and excess charges on deposit. Low conversion rates for withdrawals and high fees for deposits
It seems about to crash and cannot withdraw now. It shows passed, but cannnot receive the transfer.
I am a new member of this Forum . I have traded in Mtrading Forex Broker form Bangladesh . Their Bangladesh Customer Support is the best to me . They are giving me a great guideline and They all have changed my forex life . Thats why i joined Mtrading to stay with them . all were going well but the broker Mtrading has been performing like the worlds greatest Scam Broker . here are some list : 1. Recently Mtrading live 2 server suddenly gave about 110 pips spike twice , where other servers ware
They cheated me and said the withdrawal can arrive in 1-3 days. But after three days, they said I have to wait until afternoon. Then, they said they had transferred but the withdrawal was suspended and I have to pay $3,000
Deceiving customers to deposit and become VIP customer. The platform let the so-called traders lose all the money of their customers, and now they are not allowed to withdraw cash
MTrading Review Summary | |
Founded | 2012 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | FCA (General registration) |
Market Instruments | Forex, commodities, cryptos, CFDs, indices, stocks |
Demo Account | ✅ |
Islamic Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 0 pips |
Trading Platform | MT4, MT5, WebTrader |
Minimum Deposit | $10 |
Customer Support | Live chat |
MTrading was started in 2012 and is based in Saint Vincent and the Grenadines. It is regulated by the FCA (UK) through MONETRIX LTD. It has a lot of different trading instruments, like forex, commodities, crypto, indices, and CFDs. It also has account types for both new and experienced traders, and you can use several platforms such as MT4, MT5, and WebTrader.
Pros | Cons |
Regulated under FCA | General registered FCA license |
Various trading instruments | |
Demo accounts | |
MT4 and MT5 platforms | |
Low minimum deposit ($10) | |
No deposit/withdrawal fees | |
Live chat support |
Yes, MTrading holds a general registered license from the Financial Conduct Authority (FCA) of the United Kingdom, with the licensed business MONETRIX LTD, having a Common Business Registration license, license number 16198039.
MTrading has a lot of tradable assets, such as forex currency pairs, commodities, cryptocurrencies, indices, stocks, and CFDs.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Cryptos | ✔ |
CFDs | ✔ |
Indices | ✔ |
Stocks | ✔ |
Bonds | ✘ |
Options | ✘ |
ETFs | ✘ |
There are three primary types of live accounts at MTrading: All In Price (MT5), M.Premium (MT4), and M.Pro (MT4). The minimum deposit for all accounts is only $10, and the maximum leverage is 1:1000. You can get demo accounts and Islamic (swap-free) accounts if you want.
Account Type | Minimum Deposit | Leverage | Spread | Commission | Suitable for |
All In Price | $10 | Up to 1:1000 | From 1 pip | 0 | Beginners wanting ECN execution with MT5 |
M.Premium | Traders needing wide market access via MT4 | ||||
M.Pro | From 0 pips | $4 per lot | Advanced traders wanting zero spread, MT4, ECN |
MTrading gives its account types floating leverage of up to 1:1000, which lets traders handle big positions with a small amount of money. However, high leverage makes both possible gains and possible losses bigger, so traders need to be very careful with how they handle their risks.
Compared to other companies in the same field, MTrading's total trading fees are reasonable. The broker has tight spreads on its M.Pro account, starting at 0 pips, and charges $4 a lot in commissions. Its All-In Price and M.Premium accounts have spreads starting at 1 pip and no extra commission.
Account Type | Spread | Commission |
All-In Price | From 1 pip | 0 |
M.Premium | ||
M.Pro | From 0 pips | $4 per 1.0 lot |
Non-Trading Fees
Non-Trading Fees | Amount |
Deposit Fee | 0 |
Withdrawal Fee | 0 |
Inactivity Fee | Not mentioned |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows, macOS, Android, iOS | Beginners |
MT5 | ✔ | Windows, macOS, Android, iOS | Experienced traders |
WebTrader | ✔ | Web | / |
MTrading does not charge any deposit or withdrawal fees. The minimum deposit is $10.
Deposit Options
Payment Method | Minimum Deposit | Maximum Deposit | Deposit Fees | Deposit Time |
Local Depositor | $10 USD | $10,000 USD | $0 | Instant |
FPX | 50 MYR | 45,000 MYR | ||
Internet Banking | ||||
Touch n Go | ||||
Tether | $50 USD | $10,000 USD | ||
Neteller | $5,000 USD/EUR | |||
Skrill |
Traders from Kenya and Thailand have had bad experiences with MTrading as they faced withdrawal restrictions, higher deposit fees, and refusal to release funds. Is MTrading safe to trade forex?
MTrading, a global forex and CFD broker has announced a New Year 2025 campaign, offering a $100 welcome bonus. This promotion aims to attract both new and experienced traders.
Market players brace for a slew of data/events on early Wed. .mmnesday as they consolidate the year-start moves amid mixed feelings. Even so, dovish Fed bias joins the China stimulus hopes to unde and Antipodeans. However, the odds of witnessing the US soft landing tests the US Dollar bears of late.
Global markets remain dicey during the year-end holiday season, especially amid a light calendar and off in the UK, Europe, Canada and Switzerland.
More
User comment
17
CommentsWrite a review