Futu vs Mitrade

Futu vs Mitrade Comparison Table 2022
Futu Mitrade
WINNER
Futu is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Futu is a Chinese stock broker with a range of securities from Hong Kong, Chinese and US markets. Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients.
Awards
  • HKEX - Business Innovation Information Vendors 2017
  • HKEX - Rising Information Vendor of the Year 2016
  • KPMG - China Leading Fintech 50 (2017/2016)
  • Bloomberg - Best Online Broker 2017
  • CB Insights - CB Insights’ Fintech 250 (2018/2017)
Bonus
$50 welcome bonus
Instruments
Stocks, ETFs, IPOs, CBBCs, iBonds, Options, Warrants Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$1500 $0
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
SFC ASIC
Margin Trading
Yes No
Margin Rate
4.8% - 8.8%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
No
Market Maker
No
P2P Trading
No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No No
Social Trading
No No
Trade Signals
No
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Islamic Account
No No
Account Currencies
  • USD
  • AUD
Stock Exchanges
CFD Trading
CFD trading not offered Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices.
Leverage
1:30 Retail, 1:250 Professional
FTSE Spread
3
GBPUSD Spread<
1.5
Oil Spread
0.05
Stocks Spread
Variable
Forex Trading
Forex trading not offered A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform.
GBPUSD Spread
1.5
EURUSD Spread
1
EURGBP Spread
1.2
Assets
60
Cryptocurrency
Crypto trading not offered Mitrade offers CFD trading in four major cryptocurrencies against the US dollar.
Spread
Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
Crypto Lending
No
Crypto Mining
No
Auto Market Maker
No
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