MTrading customer reviews: this is an unregulated broker offering investments in forex, indices, stocks and commodities. The MT4 platform is available with a multitude of additional options and features. Our review of the broker covers minimum deposits, withdrawals, spreads, leverage and more. Find out whether you should open an MTrading account.
Who Is MTrading?
The broker was founded in 2012 and has since grown to 10 offices worldwide with more than 250,000 clients. The company operates mainly in Africa, Latin America and Asia, with clients in Nigeria, Thailand, Malaysia and beyond.
MTrading is not regulated by any regulatory body, and its head office is in Saint Vincent and the Grenadines at: First Floor, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines.
MTrading is also present in the main cities of Asia-Pacific and in the emerging markets of Africa and South America.
If this topic interests you, also read “Axiory Review” and “Sweden Broker 2026”.
Key Facts About MTrading’s Business
To get an overall picture of this broker, here is the key information about its brokerage services and offers.
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Is MTrading an ECN Broker or a Market Maker?
ECN liquidity is the type of execution MTrading offers. This trading model has many advantages, guarantees transparency and is easy to use. That is why many modern brokers adopt it, so their clients can enjoy a better trading experience.
Leverage Offered by MTrading
As for leverage, we found that MTrading offers leverage of up to 1:1000 with the M.Premium and M.Pro accounts. These are high levels of leverage that let traders seriously amplify their positions. On the other hand, it also means investors can lose large sums if they do not use risk management tools.
Financial Instruments Available at MTrading
More than 100 instruments and assets are available for online investing at MTrading.
You can invest in:
- 10 indices
- more than 65 stocks
- Forex: 38 currency pairs
- 10 commodities, including energies and metals.
Although this is a reasonable range of products, cryptocurrencies such as bitcoin are not offered. Binary options and futures are not available either. That said, in terms of financial instruments, we have seen better, such as eToro, which meets the needs of most online traders.
Note: you can trade in the form of contracts for difference (CFDs)
Deposits and Withdrawals at MTrading
On this subject, MTrading offers a decent list of deposit and withdrawal methods, including:
- Visa
- Mastercard
- Bank transfer
- E-wallets: Neteller, Skrill, Perfect Money
In addition, deposits and withdrawals can be made by local bank transfer, and withdrawals are generally processed in around 60 minutes during working hours. So our MTrading review is positive on this point.
How to Contact MTrading
The customer service team can be reached via:
- Phone: +357 220 241 66
- Live chat: available directly on the website
The overall experience with MTrading’s customer service was positive. Connection time was under a minute, and the account managers were professional and able to answer both generic and more advanced questions quickly.
Is MTrading Trustworthy? Customer Reviews
As we saw earlier, MTrading is just another unregulated broker, which means clients are not protected, it is quite possible that it could disappear with your hard-earned money, and there would be no regulatory agency to hold it accountable.
MTrading’s Scam History
Our research into scams at MTrading came back negative. It has not yet scammed any clients, despite not being regulated. However, we suggest better alternatives.
MTrading’s Regulation
MTrading (ServiceComsvg Ltd.) is registered with the Financial Services Authority of Saint Vincent and the Grenadines. Unfortunately, there is no strict regulatory oversight, so the broker effectively operates without checks and balances. Negative balance protection is generally not available. This is a problem, and we do not recommend opening an account with an unregulated provider.
Does MTrading Operate in France?
MTrading has no office in France, but it accepts French traders and traders from other countries. However, traders cannot use MTrading from the United States, Canada, Japan, the United Kingdom, Australia, Belgium or New Zealand.
In that case, this broker is not the most advisable, because if you run into a problem during a session, it will be hard to find solutions. We therefore recommend Vantage.
Is MTrading an AMF Broker?
The Autorité des Marchés Financiers (AMF) protects and supervises the financial markets in France. MTrading is not an AMF broker, as it is not on the regulator’s white list, but it is not on its blacklist either.
Client Fund Protection Measures at MTrading
MTrading is a member of the Financial Commission, which resolves disputes in the financial services sector and can protect client funds up to €20,000. Financial Commission members must comply with regulations that include segregation of funds. In addition, the broker offers secure deposit and withdrawal methods, while the MT4 platform uses strict encryption protocols and two-factor login.
This guarantee reassures us a little more that MTrading is nonetheless a serious broker, which earns it points in this review.
Diversifiez votre patrimoineInvestissez dans l’artDes tableaux originaux, pièces uniques signées par l’artiste. Un actif tangible, loin des écrans et des cotations.Voir les tableaux →How Is Client Data Protected at MTrading?
Please note that MTrading states that the people responsible for processing data will only process it for permitted purposes, in the established circumstances and in accordance with the instructions and orders received, and that they will respect the confidentiality of the information they learn in the course of their duties that is not intended for public use.
Awards Received by MTrading
While not on the level of other highly decorated brokers such as Vantage, this broker’s trophy cabinet is not empty. MTrading has won:
The Trading Accounts Available at MTrading
To get started with a broker, you should always begin with a demo account. MTrading offers two trading accounts for retail clients:
- M.Premium
- M.Pro.
Both account types offer the MT4 platform, mobile trading, access to Expert Advisors, market analysis and comprehensive educational resources.
M.Premium
- Minimum deposit: $100
- Commission: none
- Leverage: up to 1:1000
- Execution type: STP
M.Pro
- Minimum deposit: $500
- Commission: $4 per lot
- Leverage: up to 1:1000
- Execution type: ECN
MTrading also offers alternative investment accounts: PAMM: Money Manager,
PAMM: Investor and CopyTrade: Investor. These accounts offer additional ways to boost returns and can be viewed on its website.
Which MTrading Trading Account Do We Recommend?
We found that MTrading’s accounts do not differ much in terms of maximum leverage. But ideally, the best choice would be the M.Premium account, as it offers the best trading conditions.
Does MTrading Offer a Welcome Bonus in November?
A flexible 200% deposit bonus is available with the M.Premium account. MTrading also offers $1 cashback for each lot traded, for a fee of $99 per year. Although bonuses may seem attractive, it is important to check the bonus terms and conditions before signing up.
Note: welcome bonuses may also change.
What Trading Fees Does MTrading Charge?
In this part of our MTrading review, we look at the fees you will pay when trading with this broker: spreads and commissions. The broker charges no commission on any instrument with the M.Premium account, but it does charge $4 per lot with the M.Pro account.
As for spreads, MTrading offers typical floating spreads on the popular pairs EURUSD (1.2 pips), USDJPY (1.4 pips) and GBPUSD (1.7 pips). Although these spreads are not the lowest on the market, the broker is transparent and details its fees on its contract specifications page.
Trading Platforms Available at MTrading
This section presents the trading software the broker offers: MetaTrader 4, developed by MetaQuotes. The broker offers the highly regarded MT4 solution for investing in currencies and CFDs. MT4 is available on both mobile and PC. MT4 is a trading platform that meets every user’s needs.
Training Offered by MTrading
The broker offers a range of educational resources to improve the MTrading experience:
- webinars
- financial seminars
- tutorials.
However, the most useful additional service is probably the broker’s copy trading service. You can copy other traders’ trades in a few simple steps. Go to the Trader Area, browse the list of signal providers with their ratings and select the trader you want to follow. You can copy trades automatically or enter positions manually. So in this part, our MTrading review is positive.
Calculators and Trading Tools Available at MTrading
The materials and tools available are useful for both beginners and experienced traders.
MTrading provides a set of market information and very handy tools needed to make well-considered trading decisions, such as:
- Smart Forex economic calendar in the trading tools menu. The economic calendar shows how the affected currency pairs reacted to a specific event when its outcome beat or missed the analysts’ consensus.
- Fundamental and technical analysis
- Market heat map. This is a radar for tracking price movements and daily trading information, showing the biggest market moves up or down, long/short trading opportunities, daily trends, market volatility and other key parameters.
As you have seen, MTrading’s research tools go beyond what some brokers offer. Nevertheless, AvaTrade does a better job in this area of online brokerage.
Does MTrading Offer a Welcome Bonus?
A flexible 200% deposit bonus is available with the M.Premium account. MTrading also offers $1 cashback for each lot traded, for a fee of $99 per year. Although bonuses may seem attractive, it is important to check the bonus terms and conditions before signing up. Our MTrading review is therefore positive on this point.
Note: welcome bonuses may also change.
How to Become an MTrading Affiliate
MTrading has a program called the MTrading loyalty program. It is a reward program that offers bonuses to clients who bring new clients to its services.
MTrading vs Other Brokers
This section compares MTrading with other renowned brokers worldwide. Here is a comparison table of its strengths against the others.
Broker | Strengths | Client Rating | |
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| ★★★☆☆ 3/5 | Discover |
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| ★★★★★ 5/5 | Discover |
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| ★★★★☆ 4.5/5 | Discover |
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| ★★★★☆ 4.5/5 |
Pros and Cons
Let’s sum up the negative and positive aspects of the online brokerage offering observed during this MTrading review:
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Conclusion: What Do We Think of This Broker?
The investing experience MTrading offers is simple and straightforward. The broker’s website is easy to use and offers a number of resources, including demo accounts, deposit bonuses and access to the MT4 platform. We particularly like the automated copy trading service. On the other hand, MTrading is not regulated by a trustworthy agency, and users have to pay withdrawal fees before they can access their profits. Overall, we recommend other trusted brokers such as Vantage first.