MTrading vs FxPro
MTrading Review 2023 | FxPro Review 2023 |
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2.8
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4.4
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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. |
FxPro is an award-winning forex, CFD and spread betting broker with over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity. |
Bonus Offer | |
200% deposit bonus with MPremium | |
Comment by Reviewer | |
"MTrading is best for beginners to intermediate traders looking for access to popular financial markets and copy trading tools." | "FxPro is best for traders looking for wide market access with thousands of instruments and reliable trading platforms, including MT4, MT5 & cTrader." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, commodities | CFDs, Forex, Stocks, Indices, Commodities, Futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, CySEC, FSCA, SCB, FSC | |
Margin Trading | |
No | Yes |
Margin Rate | |
0.5% | |
STP Account | |
No | Yes |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | Yes |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
Yes | iOS, Android and Windows |
Auto Trading | |
Yes (APIs) | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
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. | |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
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. | FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures with 24/5 multilingual support. Traders also benefit from low latency datacentre co-location. |
Leverage | |
1:25 | 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) |
FTSE Spread | |
0.8 | 1.58 Pts (Ave) |
GBPUSD Spread | |
1.7 | 2.39 Pips (Ave) |
Oil Spread | |
9.0 | 0.07 (WTI Ave) |
Stocks Spread | |
Variable | Variable |
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. | Trade 70+ currency pairs with ultra-fast execution speeds and tight spreads from 0.46 pips on EUR/USD. The range of forex assets outranks many rivals. |
Forex App | |
FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores. |
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GBPUSD Spread | |
1.7 | 2.39 pips (Ave) |
EURUSD Spread | |
1.2 | 1.58 pips (Ave) |
EURGBP Spread | |
1.7 | 1.74 pips (Ave) |
Assets | |
60+ | 70+ |
Currency Indices | |
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Cryptocurrency | |
Crypto trading not offered | Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Crypto assets are all traded in pairs with USD and, as derivative products, are not directly traded or owned. |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
MTrading vs |
FxPro vs |