Broker Name	MTrading
Registered in	Saint Kitts and Nevis
Regulated by	No effective regulation at this time
Year(s) of establishment	5-10 years
Trading instruments	Forex pairs, commodities, stocks, cryptocurrencies, indices
Minimum Initial Deposit	$10
Maximum Leverage	1:1000
Minimum spread	0.0 pips onwards
Trading platform	MT4 and its own mobile application
Deposit and withdrawal method	electronic payment systems, bank cards, and wire transfer options
Customer Service	Email, phone number, address, live chat
Fraud Complaints Exposure	Yes
Negative balance protection	Yes

It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Pros and cons of MTrading

Pros:

• Wide range of trading instruments, including currencies, stocks, cryptocurrencies, indices, commodities and other highly liquid financial assets.

• Low account opening requirements, with the ability to start trading with as little as $10 on the M.Cent account.

• Flexible and convenient deposit and withdrawal options, including a variety of electronic payment systems, bank cards and wire transfer options.

• Copy trading features allow novice traders to learn from experienced traders and potentially increase profits.

• Educational resources such as articles, news and technical analysis are available to help traders stay informed and make more informed decisions.

Cons:

• Customer support may not be able to provide quick responses due to the high volume of requests.

• Limited options for contacting customer support, with only a few social media accounts and an online chat button available.

• Limited educational resources compared to some other brokers in the market.

• Limited trading platforms available, with only MT4 and a mobile application offered.

• The high maximum leverage of up to 1:1000 can increase the risk of losses for traders who are not experienced with high leverage trading.

What type of broker is MTrading？

Advantages	Disadvantages
MTrading offers tight spreads and fast execution due to its Market Making model.	As a counterparty to its clients' trades, MTrading has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients.

MTrading is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, MTrading acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that MTrading has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with MTrading or any other MM broker.

General information

MTrading is a global forex and CFD broker that was established in 2013. It is not regulated and offers trading services to both retail and institutional clients. MTrading provides its clients with access to over 100 trading instruments, including forex, commodities, and indices, with flexible leverage options of up to 1:1000. The company offers three types of accounts to cater to different trading needs and experience levels. In addition to its trading services, MTrading also provides educational resources and copy trading capabilities to its clients.

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Is MTrading safe？

MTrading's claimed NFA regulation is questionable, as its purported license number cannot be verified on the NFA's official website. This regulatory discrepancy warrants caution from prospective clients and thorough due diligence to mitigate potential risks.

Market instruments

Advantages	Disadvantages
Popular trading instruments are available, including currencies, stocks, cryptocurrencies, indices, commodities, and other highly liquid financial assets	The lack of regulation makes it difficult to assess the safety of trading with MTrading
The limited information available about the trading instruments and their underlying assets makes it challenging for traders to conduct thorough analysis and risk management
The absence of regulatory oversight may lead to potential conflicts of interest and unethical business practices on the part of the company
The high level of risk associated with some of the trading instruments, such as cryptocurrencies, may not be suitable for all traders and can result in significant financial losses

MTrading offers various trading instruments for traders to choose from. With access to currencies, stocks, cryptocurrencies, indices, commodities, and other highly liquid financial assets, traders have the opportunity to diversify their portfolios and take advantage of market trends across multiple markets. However, the lack of regulation makes it difficult to assess the safety of trading with MTrading. Additionally, the limited information available about the trading instruments and their underlying assets may make it challenging for traders to conduct thorough analysis and risk management. The absence of regulatory oversight may also lead to potential conflicts of interest and unethical business practices on the part of the company. Finally, traders should be aware of the high level of risk associated with some of the trading instruments, such as cryptocurrencies, which may not be suitable for all traders and can result in significant financial losses.

Spreads, Commissions and Other Costs

Advantages	Disadvantages
Competitive spreads on all account types	Commission charged on the M.Pro account
No commission charges on M.Cent and M.Premium accounts
Transparent trading specifications available for all accounts
Low minimum deposit requirements on all account types

MTrading offers competitive spreads on all account types, ranging from 0 pips on the M.Pro account to 1 pip on the M.Cent and M.Premium accounts. The M.Cent and M.Premium accounts do not have any commission charges, while the M.Pro account charges a commission of 4USD per standard lot traded. The trading specifications are transparent and available for all accounts, allowing traders to make informed decisions based on the trading conditions. Another advantage is the low minimum deposit requirements on all account types, which makes trading accessible for a wider range of traders. However, the disadvantage of the commission charge on the M.Pro account may be a consideration for some traders.

Trading Accounts Available in MTrading

Advantages	Disadvantages
M.Cent account allows for micro lot trading, making it easy for beginners to start trading with just $10.	The low starting capital of M.Cent account means that there is a limit to how much profit can be made.
M.Premium account offers over 100 trading instruments and requires a starting capital of just $100.	The limited account types offered by MTrading may not be suitable for all traders.
M.Pro account provides access to zero spread trading with a commission of $4USD and requires a starting capital of $500.	The zero spread feature of M.Pro account comes with a commission which can increase trading costs.

MTrading offers three different account types to cater to the needs of different types of traders. The M.Cent account is ideal for beginners who are just starting with trading and want to practice with micro lot trading, requiring a low minimum deposit of $10. The M.Premium account offers a wider range of trading instruments and is suitable for traders with some experience who want to trade with larger positions, asking a minimum deposit of $100. Finally, the M.Pro account is designed for more experienced traders who want to take advantage of zero spread trading with a commission of $4USD. This account requires a high minimum deposit of $500. Overall,low starting capital requirement of M.Cent and M.Premium accounts makes it easy for traders to start trading with MTrading.

Trading Platform(s) that MTrading Offers

Advantages	Disadvantages
MT4 is a popular and widely used trading platform that is highly customizable and user-friendly	The company does not offer any other trading platforms besides MT4
MTrading also offers its own mobile trading application for convenient trading on-the-go	The mobile application may have limited features compared to the desktop version of MT4
MT4 supports a wide range of technical indicators, expert advisors, and algorithmic trading strategies	Some traders may prefer a more advanced platform with additional features and tools
MT4 has a large and active online community, which provides access to a wealth of resources, such as forums, educational materials, and custom indicators	The platform may be overwhelming for new traders who are not familiar with its features and functionality

MTrading offers its clients the popular MT4 platform, which is widely used and highly regarded by traders around the world. MT4 is a customizable and user-friendly platform that supports a wide range of technical indicators and trading strategies. The platform also has a large and active online community that provides access to a wealth of resources for traders. In addition, MTrading also offers its own mobile trading application, which provides convenience for traders who need to manage their trades on-the-go. However, some traders may prefer a more advanced platform with additional features and tools, and the mobile application may have limited features compared to the desktop version of MT4.

Here is a video about their own app on their official YouTube channel.

Maximum Leverage of MTrading

Advantages	Disadvantages
High Leverage allows for potential higher profits with smaller capital	High leverage can magnify losses, leading to a larger risk of losing capital
Traders can open larger positions with smaller amounts of funds	High leverage requires responsible risk management to avoid significant losses
Leverage can offer more trading opportunities and flexibility	Overuse of leverage can lead to overtrading and emotional decision making

MTrading offers a maximum leverage of up to 1:1000, which is significantly higher than what is typically offered by regulated brokers. While high leverage can offer traders the potential for higher profits with smaller amounts of funds, it can also magnify losses and increase the risk of losing capital. Traders must exercise responsible risk management and avoid overuse of leverage to avoid significant losses. High leverage can offer more trading opportunities and flexibility, but it also requires careful monitoring of positions and market movements. It is important for traders to have a solid understanding of leverage and its potential risks before using it in their trading strategy.

Deposit and Withdrawal: Methods & Fees

Advantages	Disadvantages
Flexible deposit and withdrawal options	Limited options for certain regions
Variety of electronic payment systems, bank cards, and wire transfer options	Some deposit and withdrawal methods may incur additional fees
Convenient and fast processing time for deposits and withdrawals	Withdrawals may take longer for certain payment methods or in some cases due to regulatory requirements

MTrading offers a wide range of flexible and convenient ways to deposit and withdraw funds. Clients can choose from a variety of electronic payment systems, bank cards, and wire transfer options to make deposits or withdrawals. The processing time for deposits is fast, and the withdrawal processing time depends on the payment method used, with some methods taking longer than others. However, there may be additional fees for certain deposit and withdrawal methods, and some regions may have limited options available. Overall, MTrading provides its clients with a convenient and reliable service for managing their funds.

Educational Resources

Advantages	Disadvantages
Comprehensive educational resources	No live webinars or educational courses
Free access to articles, news, and technical analysis	Limited resources for beginner traders
Educational resources updated regularly	Limited video resources

MTrading provides a range of educational resources to help traders stay informed and improve their trading skills. The company offers free access to articles, news, and technical analysis, providing a comprehensive overview of the latest trends and market conditions. These resources are updated regularly to ensure traders are always up to date with the latest developments in the financial markets. However, MTrading doesn't offer live webinars or educational courses, which may limit the opportunities for beginner traders to learn and improve their skills. Additionally, the company has limited video resources, which may also be a disadvantage for some traders. Overall, the educational resources offered by MTrading are comprehensive and up to date, providing valuable insights and analysis for traders looking to stay informed and make informed trading decisions.

Copy Trading

Advantages	Disadvantages
Can be a time saver for beginner traders	May result in blindly following a strategy without understanding its rationale
Allows access to experienced traders strategies and trades	Copy trading fees can be expensive and add up over time
Reduces emotional trading by removing the need for constant decision making	Copy trading performance is highly dependent on the performance of the trader being copied
Can be customized to fit individual risk preferences	Not all traders are available for copy trading
No need for extensive market knowledge	Copy trading may not be suitable for all trading styles and preferences

MTrading offers the copy trading feature, which allows traders to automatically replicate the trades of experienced traders on the platform. This feature can be beneficial for beginner traders who lack the necessary skills and knowledge to make profitable trades independently. Copy trading can be customized to fit individual risk preferences and can reduce emotional trading by removing the need for constant decision making. However, copy trading comes with its own set of disadvantages, such as blindly following a strategy without understanding its rationale, copy trading fees that can add up over time, and copy trading performance being highly dependent on the performance of the trader being copied. Therefore, traders need to carefully consider the pros and cons of copy trading before deciding to use this feature.

Customer Service of MTrading

Advantages	Disadvantages
Comprehensive FAQ section	Limited customer service channels
Efficient social media presence	Response time may be slow due to high volume of inquiries
Online chat available for assistance	Limited availability for personalized support

There are only a few social media accounts, an online chat button, and an extensive FAQ section available for customer care on MTrading. While the FAQ section is detailed and informative, the lack of multiple contact options may not be enough for some clients who require immediate assistance. The support team's response time may be slow due to the large volume of requests.

Conclusion

MTrading appears to be a reputable online broker that offers a wide range of trading instruments, flexible account types, and platforms suitable for both novice and experienced traders. The company also provides various educational resources such as articles, news, and technical analysis to assist traders in making informed decisions. The leverage offered by MTrading is also high, up to 1:1000, allowing traders to increase their potential profits. However, the lack of transparency regarding its regulation status and the limited customer support channels may be a concern for some traders. Overall, MTrading seems to be a good option for traders seeking a diverse range of trading options and educational resources.

Frequently Asked Questions (FAQs)

Is MTrading legit？

No, MTrading is not regulated by any financial authority, unsafe to trade with.

What is the minimum deposit to open an account with MTrading？

The minimum deposit for M.Cent account is only $10, for M.Premium account is $100 and for M.Pro account is $500.

Is MTrading a good broker for beginners？

No, MTrading is not a good choice for beginners. While the broker offers beginner-friendly accounts, the lack of regulatory oversight remains a significant risk, particularly for beginners.

Does MTrading offer copy trading？

Yes, MTrading provides copy trading for its clients.

How can I deposit and withdraw funds with MTrading？

MTrading provides a variety of electronic payment systems, bank cards, and wire transfer options for deposit and withdrawal of funds. The company also allows internal transfers between accounts of its clients.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Valutrades Review Summary in 10 Points
Founded	2012
Registered Country/Region	United Kingdom
Regulation	FCA
Market Instruments	Forex, CFDs, commodities
Demo Account	Available
Leverage	1:500
EUR/USD Spread	From 0.0 pips
Trading Platforms	MT4, MT5
Minimum deposit	$0
Customer Support	Live chat, phone, email

What is Valutrades？

Valutrades is a global online forex and CFD broker that offers trading services for individuals and institutions. The company was established in 2012 and is headquartered in London, UK. Valutrades is regulated by the Financial Conduct Authority (FCA, License No. 586541) in the UK and the Financial Services Authority (offshore FSA, License No. SD028) in Seychelles. The broker offers multiple trading instruments, including Forex, Commodities, and CFDs with competitive spreads through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Valutrades is regulated by FCA and offer multiple protection measures. The broker offers competitive spreads on a wide range of tradable instruments on the leading MT4 and MT5 trading platforms, along with excellent customer support.

However, they have limited account options, and some users have reported issues with slippage and withdrawals. Overall, Valutrades is a reputable broker with many positive features, but traders should exercise caution and thoroughly research before investing.

Pros	Cons
• FCA-regulated	• Offshore FSA license
• Multiple protection measures for client funds	• Clients from US, Blegium, Iran and the Democratic Peoples Republic of Korea are not accepted
• No minimum deposit requirement	• Some reports of slippage and withdrawal issues
• Free demo accounts available	• Limited range of trading assets
• Both MT4 & MT5 supported	• Limited educational resources
• Various payment methods supported	• No cryptocurrency trading
• Multilingual customer support available

Valutrades Alternative Brokers

There are many alternative brokers to Valutrades depending on the specific needs and preferences of the trader. Some popular options include:

• AxiCorp - a regulated and well-established broker that offers a range of trading instruments and competitive trading conditions.

• IronFX - a global broker with a wide range of trading instruments and multiple trading platforms, but some traders have reported issues with withdrawal and customer service.

• FP Markets - a reputable broker that offers a variety of trading instruments, low spreads, and reliable trading platforms, making it a good option for both novice and experienced traders.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Valutrades Safe or Scam？

Protection Measure	Detail
• Regulation	• FCA
• Guaranteed Negative Balance	• Yes
• Banking with Top Tier Institutions	• Barclays and Lloyds Banks
• Segregated Funds	• Yes
• Investor protection	• £85,000 per person
• Fully Encrypted Client Area	• PCI Complaint

More details can be found in the screenshot below:

Our Conclusion on Valutrades Reliability:

Based on the protection measures offered, Valutrades appears to be a reliable broker. The company is regulated by the FCA, and it offers guaranteed negative balance protection, banking with top tier institutions, segregated funds, and investor protection up to £85,000 per person. The fully encrypted client area also provides an additional layer of security for clients.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Market Instruments

Valutrades offers investors access to a variety of over 100 tradable symbols across Forex, commodities, and CFDs. The forex instruments include major, minor, and exotic currency pairs. Commodities such as gold, silver, oil, and natural gas are available for trading. Additionally, the broker offers CFDs on popular indices such as UK100, US30, and GER30. With such a wide range of trading instruments, traders can diversify their trading portfolios and take advantage of different market conditions.

Accounts

Live accounts: Valutrades provides traders with the option to choose from two types of live accounts, Standard and ECN, with no minimum deposit requirement.

Demo accounts: The MetaTrader demo accounts offer a variety of analytical indicators, EA, Economic calendars, and more. Users can set their own limit in terms of virtual funds, but note the account will expire if not used within a month.

Leverage

Valutrades offers multiple leverage levels. The maximum leverage is 1:30 for major Forex, 1:20 for minor currencies, indices, and gold, and 1:10 for crude oil under the regulation of FCA, and 1:500 for crude oil, 1:20 for indices, and 1:100 for indices.

Spreads & Commissions

• Main spreads on Forex: minimum spreads of 0.0 pips on EUR/USD and 0.2 pips on GBPUSD.

• Major spreads for CFD products: 2 pips for DE30, 2 pips for UK100, 0.34 pips for US500, and 1.3 pips for US30.

• Main spreads for commodities: from 0.14 pips for Gold USD, 0.32 pips for Gold EUR, 0.013 pips for Silver USD.

However, traders should note that there is a commission of 3 per lot per side for forex trading.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commission (per lot per side)
Valutrades	From 0.0 pips	$3
AxiCorp	From 0.0 pips	$7
IronFX	From 0.1 pips	$13
FP Markets	From 0.0 pips	$6

Please note that these figures are subject to change and may vary depending on the specific account type and trading conditions offered by each broker. It's always important to review and compare the spreads and fees of different brokers before making a decision on which one to use.

Trading Platforms

Valutrades offers users a choice of two popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are available on desktop, mobile and web versions. Both platforms provide advanced charting tools, customizable technical indicators, and a user-friendly interface.

• MT4 is widely recognized as one of the most popular trading platforms in the industry and offers a wide range of features including automated trading, multiple order types, and a comprehensive trading history.

• MT5, on the other hand, is an updated version of MT4, providing more advanced features, including additional order types, a wider range of technical indicators, and the ability to trade in various markets from one platform. Both platforms are highly customizable, and traders can also use Expert Advisors (EAs) to automate their trading strategies.

Overall, Valutrades' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker	Trading Platforms
Valutrades	MT4, MT5
AxiCorp	MT4, MT5, cTrader, AxiOne
IronFX	MT4, MT5, Iron Trader, PMAM
FP Markets	MT4, MT5, IRESS, WebTrader

Deposits & Withdrawals

Valutrades supports credit/debit cards, Skrill, Neteller, bank transfers, etc. There is no minimum deposit for clients to fund via bank transfer or any charges from Valutrades.

Valutrades minimum deposit vs other brokers

	Valutrades	Most other
Minimum Deposit	$0	$100

However, sometimes a client may incur fees from their bank for sending a deposit to Valutrades. Most deposits are instant, while withdrawals can be processed within 24 hours or as soon as Valutrades approves your request. More details can be found on their website.

See the fee comparison table below:

Broker	Deposit Fee	Withdrawal Fee
Valutrades	No fees	No fees
AxiCorp	No fees	No fees for bank transfers, $20 for cards
IronFX	No fees	$50 for bank transfers, $5 for other methods
FP Markets	No fees for most methods, 3.5% for cards	No fees for most methods, $10 for bank transfers

Note that fees may vary depending on the account type, payment method, and region. Please refer to each broker's website for the most up-to-date and accurate information.

Customer Service

Valutrades welcome any questions or queries regarding their services and accounts. Multilingual support is based in their head office which is in London, United Kingdom. They are available during office hours via live online chat, phone, WhatsApp, email, or send messages online to get in touch. Besides, you can follow them on some social networks including Twitter, Facebook, Instagram, YouTube and LinkedIn. There is also a Help Center on the Valutrades website.

Overall, Valutrades' customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros	Cons
• Multilingual support	• No 24/7 customer support
• Live chat available
• Social media presence for easy communication
• Help center offered
• Quick response time for inquiries

Note: These pros and cons are subjective and may vary depending on the individual's experience with Valutrades' customer service.

Education

Valutrades offers an education section on their website with a variety of resources aimed at both novice and experienced traders. They offer regular webinars conducted by market experts, which cover various topics related to trading, including technical analysis, risk management, and trading psychology. Additionally, the blog section provides daily market analysis, economic news, and insights into market movements.

The educational materials are designed to help traders enhance their knowledge and skills, develop trading strategies, and make informed trading decisions. These resources can be accessed by anyone, regardless of their account type, and are completely free of charge.

User Exposure on WikiFX

On our website, you can see that some users have reported severe slippage and unable to withdraw. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Conclusion

Valutrades is a UK-based brokerage firm that offers multiple protection measures to ensure the safety of its clients' funds. It provides over 100 tradable symbols across forex, commodities, and CFDs with competitive trading conditions on the MT4 and MT5 platforms. Multilingual support is also available via various channels.

However, there are reports of severe slippage and difficulties in withdrawing funds from some users, which indicates that potential traders should exercise caution before investing. Overall, Valutrades' strong regulatory framework, diverse trading instruments, and user-friendly platforms make it a reputable brokerage firm worth considering for those looking for a reliable trading partner.

Frequently Asked Questions (FAQs)

Q 1:	Is Valutrades regulated？
A 1:	Yes. It is regulated by Financial Conduct Authority (FCA).

Q 2:	At Valutrades, are there any regional restrictions for traders？
A 2:	Yes. The information on their site is not intended for residents of the United States, Blegium, Iran and the Democratic Peoples Republic of Korea or by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Q 3:	Does Valutrades offer demo accounts？
A 3:	Yes.

Q 4:	Does Valutrades offer the industry-standard MT4 & MT5？
A 4:	Yes. Both MT4 and MT5 are available.
Q 5:	What is the minimum deposit for Valutrades？
A 5:	There is no set minimum deposit amount at Valutrades, but bear in mind the margin requirement of the instruments that you wish to trade.

Q 6:	Is Valutrades a good broker for beginners？
A 6:	Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money.