NicoFX vs MTrading

NicoFX vs MTrading Comparison Table 2022
NicoFX MTrading
WINNER
MTrading is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
NicoFX facilitates trading in forex and precious metals under CySEC regulation. MTrading offers 100+ assets for investing across desktop & mobile trading platforms.
Awards
  • Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
  • Best STP Broker 2016 - MENA Awards
  • Change Africa Summit Award 2019
  • FiNEXPO Best Broker 2019 & 2018
  • Best Forex Rebate Provider 2016
Bonus
200% deposit bonus with MPremium
Instruments
Forex, Metals Forex, CFDs, indices, commodities
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
ECN Account
Yes No
DMA Account
Yes No
Mobile Apps
Yes Yes
Auto Trading
Yes (EAs) Yes (APIs)
Copy Trading
No Yes
Copy Trading Platform
Investors at MTrading can subscribe to signals from other traders using a detailed rating system full and account management.
Social Trading
No Yes
Trade Signals
Yes Yes
Islamic Account
Yes No
Commodities
CFD Trading
CFD trading not offered Start investing in forex, stocks and commodities with competitive spreads.
Leverage
1:30 1:25
FTSE Spread
N/A 0.8
GBPUSD Spread<
From 0.9 1.7
Oil Spread
N/A 9.0
Stocks Spread
N/A Variable
Forex Trading
Start trading a long list of leading currencies with up to 1:30 leverage. Trade dozens of online currencies with a range of MT4 trading tools.
GBPUSD Spread
From 0.9 1.7
EURUSD Spread
From 0.9 1.2
EURGBP Spread
From 0.9 1.7
Assets
38 60+
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