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？

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 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 is regulated by the National Futures Association (NFA) in the United States. The company holds a Common Financial Service License, with the license number 0555516. This license is issued to FINVEST SOLUTIONS LIMITED. The regulatory status of this license is currently listed as “General Registration.”

Market Instruments

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 limited information available about the trading instruments and their underlying assets may make it challenging for traders to conduct thorough analysis and risk management. 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

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

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

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

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

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

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

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

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 an 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. Overall, MTrading seems to be a good option for traders seeking a diverse range of trading options and educational resources.

Frequently Asked Questions (FAQs)

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.

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.

What is BDSWISS？

BDSwiss is an offshore-regulated forex and CFD broker that was established in 2012 and is registered in Seychelles. The broker offers a range of trading instruments across multiple asset classes, including forex, commodities, shares, indices, and cryptocurrencies.

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

BDSWISS offers a wide range of trading instruments across multiple asset classes, making it a versatile platform for traders. The absence of deposit and withdrawal fees is a definite advantage for those who prioritize low-cost trading. Additionally, the broker's extensive educational resources can be beneficial for novice traders who want to improve their trading skills.

However, some traders may find the offshore Seychelles Financial Services Authority (FSA) license to be a drawback. Overall, BDSWISS appears to be a reliable broker with several advantages for traders, but it's important to consider the potential drawbacks before deciding to trade with them.

Note that this table is not exhaustive and there may be additional pros and cons to consider.

BDSWISS Alternative Brokers

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

FxPro - A reputable broker with a variety of trading platforms and competitive pricing.

Trade Nation - A user-friendly broker with a focus on education and customer satisfaction.

Go Markets - A reliable broker with competitive spreads and a range of trading instruments.

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

Is BDSWISS Safe or Scam？

These measures help to ensure that BDSWISS provides a safe and secure trading environment for its clients.

Our Conclusion on BDSWISS Reliability:

Based on the information provided, BDSWISS appears to be a reliable and reputable online broker. It is offshore regulated by Seychelles Financial Services Authority (FSA), offers negative balance protection and segregates client funds. However, it is important to note that all trading carries risks, and clients should always do their own research and take appropriate precautions.

Market Instruments

BDSwiss offers 250+ trading instruments across various asset classes, providing traders with numerous options for diversification. Forex traders can access over 50 currency pairs, including major, minor, and exotic pairs. The platform also offers CFD trading on precious metals such as gold, silver, and platinum, as well as energy products like crude oil and natural gas. Additionally, traders can choose from a range of popular stock CFDs, including shares of leading companies in the US, Europe, and Asia. BDSwiss also provides access to a range of global stock indices, such as the S&P 500, FTSE 100, DAX 30, and Nikkei 225. Finally, the platform offers trading on popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

Accounts

Demo Account: BDSWISS provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: BDSWISS offers a total of 3 account types: Classic, VIP, and Raw. The minimum deposit to open an account is $10, $500 and $500 respectively. The threshold to open an account at BDSWISS is quite low. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

Leverage

BDSWISS offers a maximum leverage of up to 1:500 for all account types, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Spreads & Commissions

BDSwiss offers variable spreads and commissions based on the type of trading account. Classic accounts have a minimum spread of 1.5 pips with no commission, while VIP accounts have a lower minimum spread of 1.1 pips and are also commission-free. Raw accounts, on the other hand, offer raw spreads starting from 0.0 pips but have to pay a commission of $5 per traded lot. Overall, BDSwiss' spreads and commissions are competitive compared to other brokers in the market. It's essential to note that spreads can fluctuate depending on market volatility, trading volumes, and other market conditions.

It is commendable that in the trading instruments interface, BDSWISS provides a detailed table showing the spreads, swaps, commissions and pip value of various instruments in various accounts in detail, which greatly facilitates customers' inquiries and comparisons.

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

Trading Platforms

As for the trading platform, BDSWISS provides its clients with many options. There are public platforms such as MT4 and MT5 that have served many clients worldwide, also BDSWISS's own platforms - BDSwiss Mobile APP, BDSwiss WebTrader. If you didn't want to spend time familiarizing yourself with a new platform, you could choose MT5 and MT4. But BDSWISS's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

Overall, BDSWISS' 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:

Trading Tools

BDSWISS provides a range of trading tools to help its clients in their trading activities.

The economic calendar allows traders to keep track of important upcoming events that can affect the markets.

The VPS service provides fast and reliable connection to BDSWISS servers for traders who use automated trading strategies.

The Trade Companion is a trading assistant that provides users with insights and trading signals.

The Trends Analysis tool helps traders to identify trends and make better trading decisions.

Trading Central provides technical analysis and market insights.

The Autochartist tool analyzes charts and helps traders to identify trading opportunities.

Trading Alerts notify users of important market events.

The Currency Heatmap tool allows traders to see the relative strength of different currencies.

Finally, the Trading Calculators help traders to manage their risk and calculate their potential profits and losses.

Deposits & Withdrawals

BDSWISS offers a wide range of deposit and withdrawal options, including Visa, MasterCard, Skrill, Neteller, Bank Wire, Pay Retailers, cryptocurrencies, AstroPay, Globepay, MPESA, airtel tiGo, korapay, and more.

The broker does not charge any fees for deposits or withdrawals via credit card, while for bank wire withdrawals equal to or less than €100, BDSwiss will charge a €10 flat fee.

BDSWISS minimum deposit vs other brokers

Most deposits are processed instantly. For withdrawals, BDSWISS strives to process most requests within 24 hours, although the processing time may vary depending on the payment method used and the verification requirements. Overall, BDSWISS offers convenient and cost-effective deposit and withdrawal options for its clients.

BDSWISS Money Withdrawal

To withdraw funds from BDSWISS, you need to follow these steps:

Step 1: Log in to your BDSWISS account

Step 2: Click on the “Withdrawal” option in the main menu.

Step 3: Select your preferred withdrawal method from the available options.

Step 4: Enter the amount you want to withdraw and provide any additional information requested.

Step 5: Click on the “Submit” button to process the withdrawal request.

Fees

BDSWISS charges overnight fees on all positions that are held open overnight, and the rates depend on the instrument being traded. The broker also charges a currency conversion fee for deposits made in a currency different from the account currency. Moreover, if no trading activity occurs for over 90 days, a monthly fee of $30 will be deducted from your account balance, until the account balance is 0. This charges covers the maintenance/administration expenses of such inactive accounts. It is important for traders to keep these fees in mind when planning their trading activities, as they can impact the overall profitability of their trades.

See the fee comparison table below:

Customer Service

• Languages: English, polish, German, Italian, French, Arabic, Thai, Filipino, Chinese, Indonesian, Portuguese, Romanian, Russian, Turkish, Danish, Norwegian, Korean, Czech, Malay, Vietnamese, etcetera.

• Service Hours: 24/5 multilingual live chat

• Phone Number: +44 2036705890

• Email: support@global.bdswiss.com

• Social media: Facebook, Instagram, LinkedIn, YouTube, Twitter, Telegram

• Address: Suite 3, Global Village, Jivans Complex, Mont Fleuri, Mahe, Seychelles.

• Help/Support Centre are also available.

Education

BDSWISS provides a range of educational resources to assist traders in improving their trading knowledge and skills. They offer a variety of educational materials, including Forex eBooks, LIVE Education, Forex Basic Lessons, Forex Glossary, Educational Videos, and Seminars.

Their Forex eBooks cover various topics, such as trading psychology, technical analysis, and risk management, to help traders develop a well-rounded understanding of the Forex market.

They also provide live education through webinars, which are hosted by industry experts, and interactive training sessions.

The Forex Basic Lessons are designed to help beginner traders learn the basics of Forex trading.

Additionally, they offer educational videos that cover different aspects of trading, and traders can attend in-person seminars held in different locations globally.

User Exposure on WikiFX

On our website, you can see that some users have reported scams. 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

All in all, BDSWISS offers a diverse range of trading instruments with competitive spreads and commissions on different account types. The broker provides a variety of deposit and withdrawal options with no fees charged, and fast processing times. BDSWISS also offers various educational resources and trading tools to enhance clients trading experience. However, is offshore regulated by Seychelles Financial Services Authority (FSA) and there are some negative reviews from their clients saying that they have met severe slippage and unable to withdraw. Every trader should be cautious before trading or investing with a broker.

Frequently Asked Questions (FAQs)