Global Broker Regulation Inquiry App
About WikiFX
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

اردو

Download

MTRADING , CWG Markets Broker Comparison

Do you want to know which is the better broker between MTRADING and CWG Markets ?

In the table below, you can compare the features of MTRADING , CWG Markets side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
MTRADING
2.31
Not Regulated
Under guarantee
--
5-10 years
--
VISA,MASTER,Swift,Skrill,Neteller,Local banking
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
M.Pro,M.Premium
Currencies - 28 Spot metal CFDs - 2 Spot energy CFDs - 3 Cash indices - 8 Stock CFDs - 20 Crypto - 8
$10
1:8888
From 0
0.00
--
--
--
CWG Markets
7.39
Regulated
Under guarantee
5-10 years
FCA,FSCA,VFSC
Neteller,Skrill,Pay Retailers,ECOM,ASIA BANKS,Bank transfer,Help2Pay,kora,UnionPay,77Pay,5HPay,STICPAY
B
C
567.3
139
139
139
1994
1973
1994
B

EURUSD: 2.1

XAUUSD: -3.5

1
--
1
C
19.67 USD/Lot
25 USD/Lot
AA

Long: -5.7

Short: 1.71

Long: -54.78

Short: 16.67

AA
0.1
80.5
ECN,Standard,Cent,Islamic (Swap-Free)
--
$200
1:2000
0.0
50.00
--
--
--

MTRADING 、 CWG Markets BrokerRelated News

MTRADING 、 CWG Markets BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do mtrading and cwg-markets have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

mtrading
MTrading Review Summary
Founded2012
Registered Country/RegionSaint Vincent and the Grenadines
RegulationFCA (General registration)
Market InstrumentsForex, commodities, cryptos, CFDs, indices, stocks
Demo Account
Islamic Account
LeverageUp to 1:8888
SpreadFrom 0 pips
Trading PlatformMT4, MT5, WebTrader
Minimum Deposit$10
Customer Supportlive chat, WA, Telegram

MTrading Information

MTrading was started in 2012 and is based in Saint Vincent and the Grenadines. It is regulated by the FCA (UK) through MONETRIX LTD. It has a lot of different trading instruments, like forex, commodities, crypto, indices, and CFDs. It also has account types for both new and experienced traders, and you can use several platforms such as MT4, MT5, and WebTrader.

MTrading's homepage

Pros and Cons

ProsCons
Regulated under FCAGeneral registered FCA license
Various trading instruments
Demo accounts
MT4 and MT5 platforms
Low minimum deposit ($10)
No deposit/withdrawal fees
Live chat support

Is MTrading Legit?

Yes, MTrading holds a general registered license from the Financial Conduct Authority (FCA) of the United Kingdom, with the licensed business MONETRIX LTD, having a Common Business Registration license, license number 16198039.

General registered FCA license

What Can I Trade on MTrading?

MTrading has a lot of tradable assets, such as forex currency pairs, commodities, cryptocurrencies, indices, stocks, and CFDs.

Tradable InstrumentsSupported
Forex
Commodities
Cryptos
CFDs
Indices
Stocks
Bonds
Options
ETFs

Account Type

There are three primary types of live accounts at MTrading: All In Price (MT5), M.Premium (MT4), and M.Pro (MT4). The minimum deposit for all accounts is only $10, and the maximum leverage is 1:1000. You can get demo accounts and Islamic (swap-free) accounts if you want.

Account TypeMinimum DepositLeverageSpreadCommissionSuitable for
M.Premium$101:8888From 1 pips0Traders needing wide market access via MT4
M.ProFrom 0 pips$4 per lotAdvanced traders wanting zero spread, MT4, ECN

Leverage

MTrading gives its account types floating leverage of up to 1:1000, which lets traders handle big positions with a small amount of money. However, high leverage makes both possible gains and possible losses bigger, so traders need to be very careful with how they handle their risks.

MTrading Fees

Compared to other companies in the same field, MTrading's total trading fees are reasonable. The broker has tight spreads on its M.Pro account, starting at 0 pips, and charges $4 a lot in commissions. Its All-In Price and M.Premium accounts have spreads starting at 1 pip and no extra commission.

Account TypeSpreadCommission
M.PremiumFrom 1 pips0
M.ProFrom 0 pips$4 per 1.0 lot

Non-Trading Fees

Non-Trading Fees Amount
Deposit Fee0
Withdrawal Fee0
Inactivity FeeNot mentioned

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Windows, macOS, Android, iOSBeginners
MT5Windows, macOS, Android, iOSExperienced traders
WebTraderWeb/
MT4

Deposit and Withdrawal

MTrading does not charge any deposit or withdrawal fees. The minimum deposit is $10.

Deposit Options

Payment MethodMinimum DepositMaximum DepositDeposit FeesDeposit Time
Local Depositor$10 USD$10,000 USD$0Instant
FPX50 MYR45,000 MYR
Internet Banking
Touch n Go
Tether$50 USD$10,000 USD
Neteller$5,000 USD/EUR
Skrill
Deposit and Withdrawal
cwg-markets
CWG Markets Review Summary
Founded2023-05-23
Registered Country/RegionUnited Kingdom
RegulationOffshore Regulated(VFSC)/Regulated(FCA)
Market InstrumentsForex/CFD stock/Precious metals/Energy/Indices/Com. Futures
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformCWG
Min Deposit$10
Customer SupportEmail: service@cwgmarkets.com
Phone: +44 2037699268, +60 1800819380
Live chat
Facebook/LinkedIn/Instagram

CWG Markets Information

CWG Markets, a registered investment firm, is the trading name of the CWG Group of companies that provides various tradable instruments including forex, CFD stock, precious metals, energy, indices, and com. futures. The broker also provides four live accounts with a maximum leverage of 1:1000. The demo and Islamic accounts are also available. The minimum spread is from 0.0 pips and the minimum deposit is $10.

CWG Markets Information

Pros and Cons

Pros Cons
Various tradable instrumentsHigh max leverage
Offshore Regulated(VFSC)/Regulated(FCA)MT4/MT5 unavailable
Spread from 0.0 pipsSome negative comments
Demo account available

Is CWG Markets Legit?

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
Is CWG Markets Legit?
VFSCCWG MARKETS LTDRetail Forex License41694Offshore Regulated
Is CWG Markets Legit?
FCACWG Markets LtdMarket Making(MM)785129Regulated
Is CWG Markets Legit?
Is CWG Markets Legit?
Is CWG Markets Legit?

What Can I Trade on CWG Markets?

CWG Markets offers 500+ market instruments, including forex, CFD stock, precious metals, energy, indices, and com. futures.

Tradable Instruments Supported
Forex
Energy
CFD Stock
Indices
Precious Metals
Com. Futures
Shares
Commodities
Cryptocurrencies
ETFs
Bonds
Mutual Funds
What Can I Trade on CWG Markets?

Account Type

CWG Markets has four account types: Instant, Standard, Advanced, and Institutional. Traders who want low spreads and leverage can choose an institutional account, while those with a small budget can open an instant account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus). Muslims are allowed to open Islamic accounts without swaps.

Account Type InstantStandardAdvancedInstitutional
Minimum Deposit$10$50$200$30000
Spreads2.2 pips1.5 pips0.0 pips0.0 pips
Maximum Leverage1:10001:5001:5001:100
Commission$0 Per Side$0 Per Side$3 Per Side$1.5 Per Side
Stop Out Level50%50%50%50%

CWG Markets Fees

The spread starts from 0.0 pips, the commission is from $0 per side, and the swap is as low as 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

CWG Markets provides a propriety trading platform, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported
CWG
Trading Platform

Deposit and Withdrawal

The first deposit amount must be $10 or above. CWG Markets accepts Visa, Mastercard, UnionPay, Poli, PayPal, Skrill, Neteller, Bank Transfer, etc. for deposit and withdrawal and commissions are free. CWG Markets does not charge any fees for withdrawals and covers the payment provider's fees for your first five withdrawals each month. For additional withdrawals beyond this limit, a $5 fee is applied to each transaction. Deposit processing times are instant and withdrawal processing times are within 72 hours.

Deposit:

Payment OptionCurrenciesCommissionProcessing TimeEstimated Arrival Time
SkrillUSD/EURFreeWithin 30 minutesInstantly
NetellerUSD/EURFreeWithin 30 minutesInstantly
SticpayGBP/USD/EURFreeWithin 30 minutesInstantly
China UnionPayCNYFreeWithin 30 minutesInstantly
Bank TransferGBP/USD/EURFreeWithin 72 hoursInstantly
Help2PayTHB/VND/IDRFreeWithin an hourInstantly
5PayTHB/VND/IDRFreeWithin 24 hoursInstantly
5PayUSDT-ERC20/USDT-TRC20FreeWithin an hourInstantly
77payVNDFreeWithin an hourInstantly
KoraNGN/ZAR/KES/GHS/USDFreeWithin an hourInstantly
Pay RetailersSupport all South American countriesFreeWithin an hourInstantly
Asia BanksIDR/VND/MYRFreeWithin an hourInstantly
ECOMVNDFreeWithin an hourInstantly

Withdrawal:

Payment OptionCurrenciesCommissionProcessing TimeEstimated Arrival Time
SkrillUSD/EURFreeWithin an hourInstantly
NetellerUSD/EURFreeWithin an hourInstantly
SticpayGBP/USD/EURFreeWithin an hourInstantly
China UnionPayCNYFreeWithin an hour1-72 hours
Bank TransferGBP/USD/EURFreeWithin an hour1-72 hours
Help2PayTHB/VND/IDRFreeWithin an hour1-48 hours
5PayTHB/VND/IDRFreeWithin an hour1-24 hours
5PayUSDT-ERC20/USDT-TRC20FreeWithin an hour1-48 hours
77payVNDFreeWithin an hour1-48 hours
KoraNGN/ZAR/KES/GHS/USDFreeWithin an hour1-48 hours
Pay RetailersSupport all South American countriesFreeWithin an hour1-48 hours
Asia BanksIDR/VND/MYRFreeWithin an hour1-48 hours
ECOMVNDFreeWithin an hour1-48 hours
Deposit and Withdrawal

Bonus

A deposit bonus can be 100% when traders register and deposit funds. Up to $2,000 per account.

Do mtrading and cwg-markets have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive mtrading and cwg-markets are, we first considered common fees for standard accounts. On mtrading, the average spread for the EUR/USD currency pair is From 0 pips, while on cwg-markets the spread is 0.0.

Which broker between mtrading, cwg-markets is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

mtrading is regulated by --. cwg-markets is regulated by FCA,FSCA,VFSC.

Which broker between mtrading, cwg-markets provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

mtrading provides the M.Pro,M.Premium platform with products like Currencies - 28 Spot metal CFDs - 2 Spot energy CFDs - 3 Cash indices - 8 Stock CFDs - 20 Crypto - 8; cwg-markets offers the ECN,Standard,Cent,Islamic (Swap-Free) platform featuring assets including --.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com