Forex Broker MTrading Review and Trading Insights

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.6

Business 1.9

Risk Control 2.2

Software 2.9

Regulatory 2.4

Terminal Snapshot

MTrading Trading Conditions

Registered Region United Kingdom

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@mtrading.com

Contact Number N/A

Website mtrading.com

Balanced Review

Pros & Cons

Pros

Regulated by SVG FSA and The Financial Commission
Diverse trading instruments: forex, commodities, indices, stocks, cryptocurrencies
Trading platforms: MetaTrader 4 and 5 with advanced features
Competitive trading conditions: tight spreads and high leverage options
24/5 customer support available in multiple languages

Cons

Limited regulatory oversight by SVG FSA
Withdrawal difficulties reported by some clients
Only offers MetaTrader 4 platform
High commissions on certain account types
Limited educational resources compared to competitors

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	MTrading	FXTM	EC Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	United Kingdom	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does MTrading Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and intermediate traders	Low minimum deposit, access to a variety of instruments	Suitable for small-capital practice
Professional Account	Experienced traders	Zero spread, higher leverage, lower trading costs	Requires trading volume qualifications
Corporate Account	Corporate clients	Customized services, tailored trading solutions	Requires corporate documentation
Islamic Account	Traders needing swap-free options	Compliance with Islamic finance principles	Available to all eligible clients
Demo Account	All traders	No risk, practice trading strategies	Useful for testing before real trading

Account Opening Process

Opening an account with MTrading is a straightforward process that can be completed online in just a few minutes. Traders need to submit personal information, including employment and financial details. Identity verification is a crucial step, requiring submission of an ID and proof of address. MTrading also offers account flexibility, allowing users to upgrade to a professional account later if their trading needs change.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for majors
CFDs (Stocks)	1.0	$4 per 1.0 lots	Competitive pricing
CFDs (Indices)	1.0	$4 per 1.0 lots	Variety of indices available
CFDs (Commodities)	1.0	$4 per 1.0 lots	Includes energy and metals
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

In addition to trading fees, MTrading may apply various other costs. These can include deposit and withdrawal fees, inactivity fees, and potential platform usage fees. Traders should also be aware of overnight interest (swap rates) that may apply to positions held overnight, as well as any currency conversion fees that might arise from trading different currency pairs.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

MTrading User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John S.

London

★ ★ ★ ★ ★

I’ve been trading with MTrading for over two years now and haven’t faced any issues. Deposits and withdrawals are prompt and straightforward. The MT4 platform is user-friendly, and the analytical tools they provide are excellent for my trading strategies.

Raj Deshmukh

Mumbai

★ ★ ★ ★ ★

I appreciate the variety of trading instruments available at MTrading. The customer support is responsive, and I found their educational resources quite helpful as a beginner. However, the withdrawal process could be improved for a smoother experience.

Vic 93

New York

★ ★ ★ ★ ★

I had high hopes for MTrading, but my experience has been disappointing. I faced significant challenges with withdrawals, and the support team was not very helpful in resolving my issues. It feels like they are more focused on acquiring new clients than supporting existing ones.

Anonymous

Tokyo

★ ★ ★ ★ ★

Completely unsatisfied with MTrading. I tried to withdraw my profits multiple times, but each attempt was declined without any explanation. The customer support is unresponsive, and I feel like I’ve wasted my time and money here.

United Kingdom Market