MeinTrade Review - Is It a Safe Forex Trade Broker? - WikiFX

MeinTrade was founded in 2012 and is registered in Switzerland. It offers a wide range of trading instruments, and provides four trading platforms including web-based and mobile ones. However, it is not regulated, though it does offer client protection with deposit protection accounts. The fee structure is complex, with different fees for various regions and products.

Pros and Cons

Is MeinTrade Legit?

MeinTrade offers deposit protection accounts. Their clients' securities accounts are protected up to USD 30 million (including up to USD 1 million in cash). However, as of now, it is not regulated by any institution.

What Can I Trade on MeinTrade?

MeinTrade supports trading in stocks, options, futures, Bitcoin futures, forex, bonds, ETFs and CFDs.

MeinTrade Fees

MeinTrade charges fees according to different regions and products. Take stock ETFs as examples,

To learn specific fees charged by MeinTrade , you can click: https://www.meintrade.ch/preise-konditionen/.

Trading Platform

MeinTrade offers web-based client portal, trader workstation, and mobile trading platforms. Their trading platforms offer many news, charts, quotes and fundamentals in one platform.

Deposit and Withdrawal

In MeinTrade, to make a deposit, first log in to the Client Portal using your access data. Select “Transfer&Transfer” from the top - menu and then click “Make a deposit”.

Next, on the new page that opens, click “Use new deposit method”, select your desired deposit currency, and enter the bank details of the account from which you'll make the deposit.

More detials can be learned through: https://www.meintrade.ch/einzahlung/.