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MTRADING , SBI SECURITIES Broker Comparison

Do you want to know which is the better broker between MTRADING and SBI SECURITIES ?

In the table below, you can compare the features of MTRADING , SBI SECURITIES 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
--
--
--
SBI SECURITIES
7.98
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

MTRADING 、 SBI SECURITIES BrokerRelated News

MTRADING 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 sbi-securities 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
sbi-securities
SBI Securities Review Summary
Founded1999
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsForex, Stocks, Bonds, ETFs, Mutual Funds, CFDs, Gold/Platinum, NISA, iDeCo
Demo AccountAvailable
LeverageUp to 1:25 (for FX)
SpreadFrom 1 pip (FX pairs),0.5 pips(CFDs)
Trading PlatformProprietary web and mobile platforms, HYPER SBI
Min Deposit¥10,000
Customer SupportPhone: 0120-104-214
Email: contact@sbisec.co.jp
24/7 Online Chat: No
Physical Address: Japan

SBI Securities Information

Established in 1999 with a headquarters in Japan, SBI Securities is under FSA control. Forex, equities, bonds, ETFs, mutual funds, and more are among the several market tools it provides with leverage up to 1:25 for FX trading. The platform offers proprietary web and mobile trading systems including HYPER SBI and enables a minimum deposit of ¥10,000.

SBI Securities Information

Pros and Cons

ProsCons
Over 150+ financial products and servicesLimited leverage for FX (max 1:25)
Provide NISA and iDeCo accounts for tax advantagesNo 24/7 customer support
Regulated by FSA

Is SBI Securities Legit?

Current StatusRegulated
License TypeRetail Forex License
Regulated ByJapan
License No.関東財務局長(金商)第44号
Licensed Institution株式会社SBI証券
Is SBI Securities Legit?

What Can I Trade on SBI Securities?

SBI Securities offers a 150+ stocks, 30+ currency pairs, and various ETFs, mutual funds, and bonds.

Tradable InstrumentsSupported
Forex
Stocks(Overseas and Japan stock)
ETFs(Overseas)
Mutual Funds
Bonds
Commodities
Options
Cryptocurrencies
What Can I Trade on SBI Securities?

Leverage

SBI Securities only provides 1:25 leverage for FX pairs.

Account Types

SBI Securities offers multiple account types: regular investment accounts, NISA accounts, and iDeCo pension accounts.

Demo accounts are also available.

Account TypeMinimum DepositFeatures
Regular Account¥10,000Access to all products and services
NISA Account¥0Tax-advantaged investing
iDeCo AccountVariablePension-specific tax benefits

SBI Securities Fees

With specified fees for domestic stock transfers under different names and ¥3,300 for investment trust transfers, SBI Securities offers free account administration, deposits, withdrawals, and most transfers.

Trading Fees

ServiceFee
Domestic StocksStarting from ¥99 per trade
Investment TrustsVaries by fund (management fees apply)
FX (Foreign Exchange)From 1 pip (spread only)
ETF/ETNVaries by issuer
REITsVaries by issuer
BondsDepends on bond type
CFDsFrom 0.5 pips (spread only)

Non-Trading Fees

ServiceFee
Account Opening and ManagementFree
Bank Transfer DepositsCustomer-borne transfer fees
Instant Deposits/Real-Time DepositsFree
WithdrawalsFree
Domestic Stock TransfersFree (same-name)
Domestic Stock Transfers (different names)¥2,200 per brand (tax incl.)
Investment Trust TransfersFree (same-name) / ¥3,300 per brand (tax incl.)
Foreign Stock TransfersFree (same-name) / ¥2,200 per brand (tax incl.)

Paid Services (Optional)

ServiceFee
Premium News¥37,125/month (tax incl.)
Real-Time US Stock Prices¥550/month (tax incl.)
BroadNewsStreet¥330/month (tax incl.)
SBI Securities Fees

Trading Platform

SBI provides different App for different products.

Trading PlatformSupportedAvailable DevicesSuitable for
HYPER SBIWindows, macOSStock traders
SBI Mobile AppiOS, AndroidOn-the-go trading
Unique App for different products(SBI stock App, Domestic socks smartphone site.etc)WebGeneral and retail traders
Trading Platform

Deposit and Withdrawal

SBI Securities does not charge withdrawals or deposits fees. Account type determines the minimum deposit; it ranges from ¥10000 in standard account.

Do mtrading and sbi-securities 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 sbi-securities 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 sbi-securities the spread is --.

Which broker between mtrading, sbi-securities 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 --. sbi-securities is regulated by FSA.

Which broker between mtrading, sbi-securities 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; sbi-securities offers the -- platform featuring assets including --.

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