MTrading

Micro lots are available to trading exclusively through M.Premium. M.Premium account. This account provides a broader portfolio of products (including index, stock CFDs for commodities and cryptocurrency) that’s slightly uncommon. However, only ECN account holders can gain accessibility to social Trading managed accounts (MAM Investor), and Autochartist.

In actual fact, the spreads for the M.Premium are the average of the foresx market, and fall between 1.0 1.5 – 1.5 pip on EUR/USD. The cost of trading for the ECN account on the other hand is less than one pip on this currency pair that is an extremely appealing price.

In contrast to FX Choice, a Belize-based company FX Choice, a Belize-based company is a firm that has more than 10 years of experience in forex trading online provides average spreads that vary from 0.5 percent on EUR/USD and $7/lot (round around) for their ECN accounts. For more information look up and review the real-time spreads offered by fifteen top brokers here.

In terms of leverage, we think the maximum leverage that this broker offers is excessive (1:1000). A proper risk management strategy is difficult with these ratios of leverage, so think about it before making any decisions.

The Company. Security of Funds

MTrading is an offshore ECN/STP broker that allows trade in 31 different currency pairs. as well as stocks, indices, and energy CFDs. It also offers precious metals and cryptocurrency using the renowned MetaTrader 4.

The business behind the brand that owns the brand is ServiceComsvg Ltd. – a Financial Services Company, registered offshore and based in SVG. Prior to that, it was authorized through Belize’s IFSC. The broker is active in major cities across Asia-Pacific and in the developing markets of Africa as well as South America.

Brokers operating in St. Vincent and the Grenadines are registered with a straightforward procedure and don’t need to meet any regulations regarding minimum capital requirements or segregation of clients’ funds. However, investing in companies that are registered in offshore areas is risky , and if you plan to invest a significant amount of money, we recommend that you choose one of the brokers who are licensed in UK or Cyprus for instance in a jurisdiction where regulations are strict and compensation plans are in place that protect your investment in the event that your broker goes under.

Trading Platform

MTrading provides its services via the well-known MetaTrader 4 . (MT4). It is available on the MT4 is available in desktop, mobile and web versions.

The software is fully-featured and gives traders all they require to be successful: user-friendly as well as a range of indicators for technical analysis as well as a sophisticated charting program and the capability to create and utilize Expert Advisors (EA). There are numerous time frames that you can choose from and you can make an order with just a click or from within the chart.

In addition, Mtrading offers its clients their custom-designed version of its platform named MT4 supreme. It comes with several intriguing features (and an attractive design in purple and pink). There’s an Mini Terminal to facilitate fast and easy trade management and an Trade Terminal (which incorporates Mini Terminal features and a new features to make trade management smooth) Tick Chart Trader to simplify tracking of charts, and Indicator Solutions. Indicator Solutions Feature Indicator Solutions Feature keeps track of your order history and lets you access trading signals.

Methods of Payment

Customers of MTrading have a wide range of payment methods to select from: credit/debit card, banks wire transfer, as well as the following electronic wallets: Skrill and Neteller.

Conclusion

MTrading is an ECN/STP broker based in the offshore market that offers competitive terms to trade in a variety of currency pairs as well as CFDs through the MT4 platform. The main drawback is the regulatory light-touch.