Company background
MTrading, which was established back in 2013, is an online broker that allows trading currency pairs, precious metals, stocks, indices, cryptos and fossil fuels. The company is committed to ensuring that customers get the best trading experience in every type of financial market. MTrading operates in key cities in Asia-Pacific and the emerging markets of Africa and South America.
Broker gives its clients simple, easy access to every type of financial market through state-of-the-art software, supporting them with valuable information, competitive terms, numerous payment systems, a lively community and responsive service.
As a plus
- Wide Range of Instruments for Trading
- Dedied Professional Customer Support
- Modern and Efficient Trading Platforms
- Competitive spreads
On the flip side
- Not FCA/CYSEC Regulated Broker
Our verdict:
So, MTrading shows as much operation and reliability as can be expected from a legitimate and regulated broker. They proceed according to the industry standards and because of their market positioning towards the Asia-Pacific and the emerging markets of Africa and South America as well, this broker is suits best to service traders from this part of the world.
Methodology
For this review, we tested MTrading Premium account, plus we collected secondary information from reputable sources.
Regulation
MTrading is registered with Financial Services Authority of Saint Vincent and the Grenadines.
Financial Commission (FinaCom PLC) is the first, neutral, third-party Dispute Resolution Organization that is dedied specifically to Forex, and it operates in a way where transparency, swiftness, and eduion are the paramount values.
Financial Commission ensures that traders and brokers are getting their disputes resolved in a quick, efficient, unbiased and authentic manner, while making sure they walk away with a well-founded answer, thus contributing to the overall knowledge about Forex.
In accore with industry regulations, your funds are segregated from our own assets in a regulated banking institution. This ensures that customers funds are available at all times, and cannot be used by broker for any purpose.
Negative balance protection
MTrading offers negative balance protection to its clients, which means that they won’t lose more funds that they have. Unfortunately, this is not always the case in the industry. Protection by Commission’s Compensation Fund is up to 20,000$ per case.
Customer Service
MTrading is committed to maintain a physical presence in major cities in the Asia Pacific region as well as Africa and South America. This enables them to respond immediately to their clients trading issues and needs. Broker offers a personal Account Manager to assist customers in all technical and adminiive concerns.
MTrading provide 24/5 customer support via phone, live chat and email. Support services are available in multiple languages enabling MTrading to communie with traders on a more individual level.
What Other Forex & CFD Websites and Customers Say about MTrading?
Although nowadays there is plenty of information available on every broker, this does not make it easier to take a thoughtful decision. The abune of information can quickly become overwhelming and confuse traders rather than provide clear answers.
We’ve gone through, authoritative user-generated and broker listings/reviews websites to, hopefully, offer more clarity on the reception among its clients.
User Generated
Most of the websites of this kind offer a raw stream of consciousness by angry and happy traders alike. It is, therefore, important to keep in mind that some of the reviews will be nothing more or less than such.
Given that a lot of traders lose funds, and may go to the websites like Forex Peace Army (FPA) to complain, we aim at distinguishing, well, more subjective from less subjective reviews and offer our limited view on the situation.
