Mitrade vs 12Trader

Mitrade vs 12Trader Comparison Table 2022
Mitrade 12Trader
WINNER
12Trader is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients. 12Trader is a regulated online broker offering trading in forex & CFDs.
Bonus
$50 welcome bonus
Instruments
Stocks, CFD, Forex, Crypto Forex, CFDs, indices, stocks, commodities, cryptocurrency
Demo Account
Yes Yes
Minimum Deposit
$0 $500
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC CySEC, VFSC
Margin Trading
No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
No
Market Maker
No
P2P Trading
No
Spot Trading
No
Mobile Apps
iOS & Android Yes
Copy Trading
No No
Social Trading
No Yes
Trade Signals
No Yes - daily
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Islamic Account
No Yes
Account Currencies
  • USD
  • AUD
Stock Exchanges
Commodities
CFD Trading
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices. CFDs available on indices, stocks, FX, commodities, and crypto pairs
Leverage
1:30 Retail, 1:250 Professional 1:400
FTSE Spread
3 1
GBPUSD Spread<
1.5 0.6
Oil Spread
0.05 0.05
Stocks Spread
Variable Variable
Forex Trading
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform. Forex trading on dozens of majors, minors and exotics
GBPUSD Spread
1.5 0.5
EURUSD Spread
1 0.6
EURGBP Spread
1.2 0.5
Assets
60 41
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar. Trade cryptocurrency CFDs
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • BTC
  • XRP
  • LTC
Crypto Lending
No
Crypto Mining
No
Auto Market Maker
No
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