Do you want to know which is the better broker between MTrading and Yuanta ?
In the table below, you can compare the features of MTrading , Yuanta side by side to determine the best fit for your needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of mtrading, yuanta lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
|Registered in||Saint Kitts and Nevis|
|Regulated by||No effective regulation at this time|
|Year(s) of establishment||5-10 years|
|Trading instruments||Forex pairs, commodities, stocks, cryptocurrencies, indices|
|Minimum Initial Deposit||$10|
|Minimum spread||0.0 pips onwards|
|Trading platform||MT4 and its own mobile application|
|Deposit and withdrawal method||electronic payment systems, bank cards, and wire transfer options|
|Customer Service||Email, phone number, address, live chat|
|Fraud Complaints Exposure||Yes|
|Negative balance protection||Yes|
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.
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.
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.
|MTrading offers tight spreads and fast execution due to its Market Making model.||As a counterparty to its clients' trades, MTrading has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients.|
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.
MTrading is a global forex and CFD broker that was established in 2013. It is not regulated and 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.
|A wide range of trading instruments are available, including currencies, stocks, cryptocurrencies, indices, commodities, and other highly liquid financial assets||The lack of regulation makes it difficult to assess the safety of trading with MTrading|
|The limited information available about the trading instruments and their underlying assets makes it challenging for traders to conduct thorough analysis and risk management|
|The absence of regulatory oversight may lead to potential conflicts of interest and unethical business practices on the part of the company|
|The high level of risk associated with some of the trading instruments, such as cryptocurrencies, may not be suitable for all traders and can result in significant financial losses|
MTrading offers a diverse selection of 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 lack of regulation makes it difficult to assess the safety of trading with MTrading. Additionally, 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. The absence of regulatory oversight may also lead to potential conflicts of interest and unethical business practices on the part of the company. 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.
|Competitive spreads on all account types||Commission charged on the M.Pro account|
|No commission charges on M.Cent and M.Premium accounts|
|Transparent trading specifications available for all accounts|
|Low minimum deposit requirements on all account types|
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.
|M.Cent account allows for micro lot trading, making it easy for beginners to start trading with just $10.||The low starting capital of M.Cent account means that there is a limit to how much profit can be made.|
|M.Premium account offers over 100 trading instruments and requires a starting capital of just $100.||The limited account types offered by MTrading may not be suitable for all traders.|
|M.Pro account provides access to zero spread trading with a commission of $4USD and requires a starting capital of $500.||The zero spread feature of M.Pro account comes with a commission which can increase trading costs.|
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. 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. 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. It is important to note that the low starting capital requirement of M.Cent and M.Premium accounts makes it easy for traders to start trading with MTrading. However, the limited account types offered by MTrading may not be suitable for all traders.
|MT4 is a popular and widely used trading platform that is highly customizable and user-friendly||The company does not offer any other trading platforms besides MT4|
|MTrading also offers its own mobile trading application for convenient trading on-the-go||The mobile application may have limited features compared to the desktop version of MT4|
|MT4 supports a wide range of technical indicators, expert advisors, and algorithmic trading strategies||Some traders may prefer a more advanced platform with additional features and tools|
|MT4 has a large and active online community, which provides access to a wealth of resources, such as forums, educational materials, and custom indicators||The platform may be overwhelming for new traders who are not familiar with its features and functionality|
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.
|High Leverage allows for potential higher profits with smaller capital||High leverage can magnify losses, leading to a larger risk of losing capital|
|Traders can open larger positions with smaller amounts of funds||High leverage requires responsible risk management to avoid significant losses|
|Leverage can offer more trading opportunities and flexibility||Overuse of leverage can lead to overtrading and emotional decision making|
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.
|Flexible deposit and withdrawal options||Limited options for certain regions|
|Variety of electronic payment systems, bank cards, and wire transfer options||Some deposit and withdrawal methods may incur additional fees|
|Convenient and fast processing time for deposits and withdrawals||Withdrawals may take longer for certain payment methods or in some cases due to regulatory requirements|
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.
|Comprehensive educational resources||No live webinars or educational courses|
|Free access to articles, news, and technical analysis||Limited resources for beginner traders|
|Educational resources updated regularly||Limited video 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.
|Can be a time saver for beginner traders||May result in blindly following a strategy without understanding its rationale|
|Allows access to experienced traders strategies and trades||Copy trading fees can be expensive and add up over time|
|Reduces emotional trading by removing the need for constant decision making||Copy trading performance is highly dependent on the performance of the trader being copied|
|Can be customized to fit individual risk preferences||Not all traders are available for copy trading|
|No need for extensive market knowledge||Copy trading may not be suitable for all trading styles and preferences|
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.
|Comprehensive FAQ section||Limited customer service channels|
|Efficient social media presence||Response time may be slow due to high volume of inquiries|
|Online chat available for assistance||Limited availability for personalized support|
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.
MTrading appears to be a reputable 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. However, the lack of transparency regarding its regulation status and the limited customer support channels may be a concern for some traders. Overall, MTrading seems to be a good option for traders seeking a diverse range of trading options and educational resources.
Is MTrading a regulated broker？
No, MTrading is not regulated by any financial authority. However, it is registered in Saint Kitts and Nevis.
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.
What trading platforms are available at MTrading？
MTrading offers MetaTrader 4 (MT4) and its own mobile application for trading.
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.
General Information & Regulation
Yuanta Securities (Hong Kong) Company Limited (“YSHK”) is a wholly owned subsidiary of Yuanta Financial Holdings Co. Ltd. (“Yuanta Financial Holdings”). YSHK is a licensed corporation registered with the Securities and Futures Commission (CE No.: ABS015) to conduct Type 1, 2, 4, 5, 6 and 9 regulated activities, and is a Participant of Hong Kong Exchanges and Clearing Limited and/or its subsidiaries (Participant ID / Code: 08585，PSL，CPSL and B01858) . As of Sept, 2016, Yuanta's distribution network consists of 155 securities branches and 152 banking branches with approximately 13 thousand professionals providing clients with a full range of financial services. In 2016, the Company controlled 11% of the market share in the securities brokerage sector and was able to maintain a big edge in securities margin financing with nearly 20% of the market share.
Products & Services
In addition to securities brokerage and securities financing, it also provides products and services in banking, insurance, futures, investment trust, investment consulting, venture capital, and asset management.
Trading products for retail clients include HK stocks, SH Stocks, SZ stocks, Taiwan stocks, US stocks, China B stocks, Overseas stocks, Futures and Options. Trading Hour for HK Futures: 09:15 am - 12:00 am, 01:00 pm - 04:15 pm & 05:00pm - 11:45pm (Expiring contract month closes at 04:00 pm on the last trading day). Trading hour for Stock Future are: 9:30am - 12:00pm & 1:00pm - 4:00pm (Hong Kong time).
YSHK provide advice and investment opportunities for global institutional investors including various types of corporations, institutions and hedge funds.
YSHK sets clear fees for particular products, like stocks, futures, and options. Take HK stocks as an example, the commission equals to 0.25% of volume traded, at least 100 HKD, plus some other fees.
YSHK offers two choices of trading tools for its traders: eWinner (available for windows and PC), eWinner Plus (available for ios and Android), YSHK SP Trader (available for PC, ios and Android).
Deposit & Withdrawal
Client can fund their YSHK account through local bank, check, and overseas transfer.
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 yuanta are, we first considered common fees for standard accounts. On mtrading, the average spread for the EUR/USD currency pair is From 1 pips, while on yuanta the spread is --.
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 NFA. yuanta is regulated by SFC,SFC,SFC.
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 trading platform including M.Premium,M.Pro and trading variety including Currencies - 38;Spot Metal CFDs - 4;Spot Energy CFDs - 3;Cash Index CFDs - 10;Stock CFDs - 67. yuanta provides trading platform including -- and trading variety including --.