MTrading Review 2024

2.8 / 5
MTrading is #108 in our CFD broker rankings.

MTrading is best for beginners to intermediate traders looking for access to popular financial markets and copy trading tools.

- Daytrading Review Team

MTrading is an offshore broker that offers a simple trading experience through the MetaTrader 4 platform. There are over 100 tradeable assets with floating spreads starting at around 1.2 pips and leverage up to 1:1000. The brokerage has over a decade of experience in the online trading industry with hundreds of thousands of registered traders globally.

Forex, CFDs, indices, commodities
200% deposit bonus with MPremium
Visa, Mastercard, Credit Card, Wire Transfer, Skrill, Neteller, Perfect Money

Forex Trading

MTrading offers a good range of 65+ forex pairs with zero commission on its M.Premium account and 25 pairs with $4-per-lot commission on the M.Pro account. However floating spreads are wide and start from 1.2 pips.

Stock Trading

MTrading offers CFD trading on 65+ stocks, but does not allow traders to directly buy and own any shares. This is a narrow range of stocks vs competitors.

CFD Trading

MTrading provides CFDs on 10 indices and 65+ stocks with a transparent pricing structure. The broker also very high leverage up to 1:1000, magnifying both returns and losses.

Copy Trading

Investors can subscribe to signals from other traders using an intelligent rating system and full account management. Learn while following and copying the positions of more experienced traders.


  • Change Africa Summit Award 2019
  • FiNEXPO Best Broker 2019 & 2018
  • Best Forex Rebate Provider 2016

✓ Pros

  • Straightforward trading experience with an easy-to-use terminal
  • Supports the popular MT4 platform as well as the multi-platform and supreme editions
  • High leverage available of up to 1:1000, allowing confident traders to boost their positions
  • Copy trading available with detailed ranking system
  • 200% deposit bonus and cashback scheme
  • Free demo account for prospective users

✗ Cons

  • Not regulated by a reputable financial body
  • Relatively wide spreads, starting at more than 1 pip on popular assets
  • Deposit and withdrawal fees on some payment methods will cut into profits
  • Limited market access with only around 100 instruments - few stocks and no crypto

MTrading is an unregulated broker offering investing in forex, indices, stocks, and commodities. The MT4 platform is available with a host of add-ons and extra features. Our review of the broker covers minimum deposits, withdrawals, spreads, leverage and more. Find out whether to sign-up for an MTrading account.

MTrading Details

The broker was established in 2012 and has since grown into 10 offices globally with over 250,000 customers. The company predominately operates in Africa, Latin America and Asia with customers in Nigeria, Thailand, Malaysia and beyond.

MTrading is not regulated by any regulatory body and its head office is in St Vincent and the Grenadines. The brokerage offers a modest range of instruments with excellent tools, including a copy trading service.

Note, clients cannot sign up for an account from the US, UK, Australia and some other countries.

Trading Platforms

The broker offers a choice of trading platforms depending on user needs:

MetaTrader 4

The broker offers the well-regarded MT4 solution for investing in forex and CFDs. Traders benefit from many features:

MTrading MetaTrader 4 platform
MTrading MetaTrader 4 platform

MetaTrader 4 Multi-Terminal

MTrading MetaTrader 4 Multi-Terminal platform
MTrading MetaTrader 4 Multi-Terminal platform

MetaTrader 4 Supreme Edition

MTrading MT4 Supreme Edition platform
MTrading MT4 Supreme Edition platform

MTrading WebTrader

MTrading MetaTrader 4 WebTrader
MTrading MetaTrader 4 WebTrader


Over 100 instruments and assets are offered for online investing, including 10 indices, over 65 stocks, 60+ majors, minors and exotics, as well as 10 commodities, including energies and metals. Whilst a reasonable range of products, cryptocurrencies, such as Bitcoin, are not offered. Binary options and futures are also not available. With that said, the needs of most online traders are met.

Spreads & Commission

The broker charges zero commissions on all instruments with the M.Premium account and $4 on each lot with the M.Pro account. MTrading offers typical floating spreads on popular pairs EURUSD (1.2 pips), USDJPY (1.4 pips), and GBPUSD (1.7 pips). Whilst not the lowest spreads in the market, the broker is transparent and breaks down fees in its contract specifications page.


MTrading offers leverage up to 1:1000 with both the M.Premium and M.Pro accounts. These are high leverage levels that let traders seriously amplify their positions. On the downside, it also means investors can lose large sums if they do not use risk management tools.

Mobile Trading

The broker offers mobile trading across both M.Premium and M.Pro accounts. Available on iOS and Android (APK) devices, clients can access the full range of MTrading assets. Deposits and withdrawals can be requested through the mobile app, along with customer support and push notifications. The broker’s copy trading service, which lets users mirror the strategies of successful traders, is also available.

MTrading mobile app
MTrading mobile app


MTrading offers a decent list of deposit and withdrawal methods, including:

Processing times for credit/debit cards are typically instant, e-wallets are processed within 24 hours and wire transfer can take 1-3 working days. Fees may vary depending on the trader’s jurisdiction.

Demo Account Review

MTrading offers a demo account for prospective traders that operates in the same way as the live account, though trades do not affect the market. The trial account is a great place to start for investors looking to test the MT4 platforms and the broker’s copy trading service. Users are then free to sign up for a live account when they feel ready.

MTrading Bonuses

A flexible 200% deposit bonus is available with the MPremium account. MTrading also offers cashback at $1 for every lot traded for a fee of $99 per year. While incentives can look appealing, it’s important to check bonus terms and conditions before you sign up. Note, welcome bonuses may also change.


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 typically not available. This is a concern and we do not recommend opening an account with an unregulated provider.

Additional Features

The broker offers a range of educational resources to enhance the MTrading experience, these include webinars, financial seminars and tutorials. Perhaps the most useful extra service, however, is the broker’s copy trading service. You can copy the deals of other traders in a few simple steps. Head to the Trader ‘s Room, browse the list of signal providers with associated ratings and select the trader you’d like to follow. You can automatically copy trades or you can manually enter positions.

MTrading copy master ratings
MTrading copy master ratings

Note: MTrading does not offer a margin calculator.

Account Types

MTrading offers two retail trading accounts; M.Premium and M.Pro. Both account types offer the MT4 platform, mobile trading, access to expert advisors, market analysis, and extensive educational resources.



MTrading also offers alternative investing accounts: PAMM: Money Manager, PAMM: Investor and CopyTrade: Investor. These accounts offer additional ways to increase returns and can be reviewed at



Trading Hours

MTrading operates in EET. Trading hours vary by instrument but typically follow 01:00 – 00:00 Monday – Thursday, 01:00 – 23:00 Friday EET. Details on specific instrument trading hours can be found on the broker website.

Customer Support

The customer service team can be reached via:

Responses received from the live chat service were quick, helpful and the service is operated by a human rather than a bot. Personal contact details do not need to be provided to speak to the support team. The broker also offers an extensive FAQ section.


MTrading is a member of the Financial Commission which settles disputes in the financial services industry and can protect client funds up to €20,000. Members of the Financial Commission must adhere to regulations, which include the segregation of funds. Additionally, the broker offers secure deposit and withdrawal methods while the MT4 platform uses strict encryption protocols and dual-factor login.

MTrading Verdict

The investing experience offered by MTrading 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 downside, MTrading is not regulated by a trustworthy agency and users must pay withdrawal fees before they can access profits. Overall, we’d recommend other brokers first.

Top 3 Alternatives to MTrading

Compare MTrading with the top 3 similar brokers that accept traders from your location.

  1. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.
    Go to AvaTrade
  2. Admiral Markets – Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
    Go to Admiral Markets
  3. FP Markets – Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to day traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.
    Go to FP Markets

MTrading Comparison Table

Compare MTrading With Similar Brokers
MTrading AvaTrade Admiral Markets FP Markets
Rating 2.8 4.9 3.5 4
Markets Forex, CFDs, indices, commodities CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $100 $40
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Bonus 200% deposit bonus with MPremium
Education No Yes Yes Yes
Platforms MT4 WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade MT4, MT5, TradingCentral Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral
Leverage 1:25 1:30 (Retail) 1:400 (Pro) 1:30 (EU), 1:500 (Global) 1:30 (UK), 1:500 (Global)
Payment Methods 7 13 11 15
Visit Visit Visit Visit Visit
Review AvaTrade
Admiral Markets
FP Markets

Compare Trading Instruments

Compare the markets and instruments offered by MTrading and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare MTrading Trading Instruments
MTrading AvaTrade Admiral Markets FP Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes No Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes Yes
Silver Yes Yes Yes Yes
Corn No Yes No Yes
Crypto No Yes Yes Yes
Futures No Yes No No
Options No Yes No No
ETFs No Yes Yes Yes
Bonds No Yes Yes Yes
Warrants No No No No
Spreadbetting No Yes Yes No
Volatility Index No Yes Yes Yes

MTrading vs Other Brokers

Compare MTrading with any other broker by selecting the other broker below.


The most popular MTrading comparisons:

  1. Quotex vs MTrading

Customer Reviews

  4.7 / 5

This average customer rating is based on 7 MTrading customer reviews submitted by our visitors.

If you have traded with MTrading we would really like to know about your experience - please submit your own review. Thank you.


Mtrading has captivated me by its reliability, guys have been working for slightly more than a decade and it’s cool.
Also, despite the fact I am an experienced trader I am used to read some articles published by them which help me to understand wat is happening in the market better.
The same applies to technical analysis outlooks, as recently, I read about GBP/USD regaining upside momentum and entered the positions setting TP slightly below resistance level. Quite a useful instrument.

✍ Maya bin Azura | 🌐 Malaysia | May 15, 2024

Spreads are narrow here and I know that this is an indication of a good trading platform. I trade fx majors with ~1.2 pips and it’s ok, I almost don’t notice how they are charged, thanks.

✍ Tri Chau | 🌐 Vietnam | May 11, 2024

I am satisfied with my choice of broker, but I must admit I was expecting it since I did a thorough research about MTrading before I opened an account with them.
If reputation were a currency, then MTrading would be the Bitcoin in the trading world:)
Established in 2012, these guys have never stopped improving it. They have great trading conditions but also have a reputation to back them up.

✍ Nandin Bath | 🌐 India | May 8, 2024

I firstly thought of getting into day trading with them, but then I noticed copy trading feature with a solid list of leaders and was like “huh, why not, since I could easily sit back anc relax while guys sweating in the market”.
Sure, I started to follow a guy with quite a cool performance and number of subscribers. So far things are going well, I have no complaints.
Platform is robust!

✍ Sok Pich | 🌐 Vietnam | April 28, 2024

It was not easy to choose trading account that suits me the most. But it was easy to open, register and verify this account.

✍ Yiaw Teu | 🌐 Malaysia | April 24, 2024

This is one of the best brokers that give welcome deposit bonuses for traders generously. As I am a beginner and I didn’t have a big deposit. It was quite hard to start trading with small capital but then I came across Mtrading and saw that they offer a deposit bonus up to 50% and I was amazed. I made a deposit of 400$ and got another 200$ like bonus and I was so happy. That’s why I decided to work with them, it was a good start of trading.

✍ Ahmat Fazal | 🌐 Malaysia | March 29, 2024

MTrading is a good broker with acceptable spreads. DIfferent ways to fund account and withdraw money as well.

✍ Phuah Kow Wai | 🌐 Malaysia | February 19, 2024

Submit Your Own Review of MTrading

If you have experience trading with MTrading please share your personal review of the broker and what you think are strong and weak points. Thank you.

MTrading is an offshore broker that offers a simple trading experience through the MetaTrader 4 platform. There are over 100 tradeable assets with floating spreads starting at around 1.2 pips and leverage up to 1:1000. The brokerage has over a decade of experience in the online trading industry with hundreds of thousands of registered traders globally.


Is MTrading regulated?

MTrading is unregulated and does not adhere to strict financial markets standards. This is a real drawback and we do not recommend signing up with unlicensed providers.

Does MTrading offer a deposit bonus?

MTrading allows traders to choose their bonus when depositing funds into the M.Premium account. This can range from 1% to 200%. Always check terms and conditions before signing up.

Is MTrading trustworthy?

Due to the lack of regulatory oversight, we are not comfortable recommending MTrading to our readers. There are also some concerning reviews online from customers.

Does MTrading offer a demo account?

Yes, the broker does offer a demo account. This is exactly the same as a live account but the volumes executed in the demo account don’t impact the market.

What trading hours does MTrading follow?

Trading hours vary by instrument but typically follow 01:00 – 00:00 Monday – Thursday, 01:00 – 23:00 Friday EET. See the broker’s website for more details.