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OKEx vs MTrading

OKX vs MTrading Comparison Table 2023
OKX MTrading
Review
4.1
Review
2.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

OKX is a digital exchange offering trading on hundreds of cryptos across desktop and mobile applications with low fees.

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.

Bonus Offer
$10 in BTC 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."
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
Awards
  • Change Africa Summit Award 2019
  • FiNEXPO Best Broker 2019 & 2018
  • Best Forex Rebate Provider 2016
Instruments
Spot, futures, perpetual swaps, options Forex, CFDs, indices, commodities
Demo Account
Yes Yes
Minimum Deposit
10 USDT $100
Payment Methods
Minimum Trade
Variable 0.01 lots
Regulator
VARA
Margin Trading
Yes No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
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
Yes No
Spot Trading
Yes No
Mobile Apps
Android & iOS Yes
Auto Trading
Yes Yes (APIs)
Copy Trading
No Yes
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
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • INR
  • JPY
  • SGD
  • RUB
  • AED
  • SAR
Commodities
CFD Trading
CFD trading not offered MTrading provides CFDs on 10 indices and 65+ stocks, with a transparent pricing structure and up to 1:1000 leverage.
Leverage
1:25
FTSE Spread
0.8
GBPUSD Spread
1.7
Oil Spread
9.0
Stocks Spread
Variable
Forex Trading
Forex trading not offered 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.
GBPUSD Spread
1.7
EURUSD Spread
1.2
EURGBP Spread
1.7
Assets
60+
Cryptocurrency
OKX offers 400+ pairs and margin trading products on top coins like Bitcoin and Ripple. Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • XCH
  • ETH
  • OKB
  • OKT
  • LTC
  • DOT
  • ADA
  • DOGE
  • XRP
  • USDT
  • ICP
  • BCH
  • LINK
  • XLM
  • ETC
  • MATIC
  • THETA
  • UNI
  • TRX
  • EOS
  • FIL
  • XMR
  • NEO
  • USDC
  • AAVE
  • SHIB
  • LUNA
  • KSM
  • BSC
  • ATOM
  • IOTA
  • ALGO
  • XTZ
  • CRO
  • MKR
  • BTT
  • CEL
  • LEO
  • WBTC
  • WAVES
  • KLAY
  • DASH
  • XEM
  • COMP
  • SNX
  • ZEC
  • DCR
  • SUSHI
  • SOL
  • EGLD
  • DAI
  • BTG
  • ZEN
  • NANO
  • KISHU
Crypto Lending
Yes No
Crypto Mining
Yes No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
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