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.

Pros and Cons

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.

What Can I Trade on MTrading?

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

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.

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.

Non-Trading Fees

Trading Platform

Deposit and Withdrawal

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

Deposit Options

Forex Club Information

Founded in 1997, Forex Club serves over 3 million users in more than 120 countries. It offers diversified trading in forex, precious metals, etc., with spreads as low as 0.1 points and leverage up to 1:1000. Supporting MT4/5 and copy trading, it currently provides a maximum cashback of $5 per lot for trading gold, crude oil, and other products.

Pros and Cons

Is Forex Club Legit?

The National Bank of the Republic of Belarus regulates Forex Club with the license number 192580558, indicating relatively high security.

What Can I Trade on Forex Club?

Account Type

Forex Club Fees

The standard account has zero commission and only charges a spread starting from 1.6 pips, while the ECN account has a spread as low as 0.0 pips but requires a $6 commission.

Leverage

Trading Platform

Forex Club provides the mainstream trading platforms MT4 and MT5, supporting multiple versions including Windows, iOS, Android, Mac, and WebTrader.

Deposit and Withdrawal

The minimum deposit for Forex Club is $100. More detailed information on deposits and withdrawals has not been disclosed.

Copy Trading

Traders can directly copy the trading strategies of “signal sources” in the community, which is suitable for users who lack trading experience or hope for passive investment.

Bonus

From May 1 to June 30, 2025, traders can get a maximum cashback of $5 per lot for trading products such as gold and crude oil. Both new and existing customers are eligible to participate.