Mitrade vs CommSec

Mitrade vs CommSec Comparison Table 2022
Mitrade CommSec
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. CommSec is a top Australian retail broker offering a suite of trading tools & products.
Awards
Innovation Excellence 2020 - Canstar
Bonus
$50 welcome bonus None
Instruments
Stocks, CFD, Forex, Crypto Shares, Options, ETFs, Warrants, Fixed Income Securities
Demo Account
Yes No
Minimum Deposit
$0 $500
Payment Methods
Credit Card, Debit Card, Mastercard, POLi, Skrill, Visa, Wire Transfer Credit Card, PayID, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC ASIC
Margin Trading
No No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
- -
eSignal
- -
Trading Central
- -
STP Account
No No
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android Yes
Auto Trading
- -
Trade Signals
No -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, AUD USD, EUR, GBP, AUD
Stock Exchanges
Australian Securities Exchange, Deutsche Boerse, Euronext, Hong Kong Stock Exchange, Japan Exchange Group, New York Stock Exchange London Stock Exchange, New York Stock Exchange
CFD
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices. CFD trading not offered
Leverage
1:30 Retail, 1:250 Professional
FTSE Spread
3
GBPUSD Spread
1.5
Oil Spread
0.05
Stocks Spread
Variable
Forex
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform. Forex trading not offered
GBPUSD Spread
1.5
EURUSD Spread
1
EURGBP Spread
1.2
Assets
60
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar. Crypto trading not offered
Spread
Variable
Coins
BTC, BCH, ETH, LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
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