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Previous Detection : 2023-12-01
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Murrentrade · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Murrentrade Review Summary in 10 Points
Founded 2022
Registered Country/Region Saint Vincent and the Grenadines
Regulation No regulation
Market Instruments Forex, gold, indices, energies and commodities
Demo Account Unavailable
Leverage 1:1000 (Classic account/ Standard account)1:2000 (VIP account)
EUR/ USD Spreads 0.1 pips (VIP account)0.3 pips (Standard account)1.2 pips (Classic account)
Trading Platforms MT5
Minimum Deposit $100 (Classic account/ Standard account)$10,000 (VIP account)
Customer Support Phone, email

What is Murrentrade?

MurrenTrade's brokerage services are provided by Trading Point of Financial Instruments Ltd. (operating under the trading name “MurrenTrade”).

The company provides traders with access to a range of trading platforms, including the popular MetaTrader 5 (MT5), known for its advanced charting tools, technical indicators, and customizable interface. Murrentrade aims to cater to both beginner and experienced traders by offering user-friendly platforms, educational resources, and competitive trading conditions. While specific regulatory details are not provided, it is important for traders to ensure the regulatory compliance of Murrentrade or any brokerage they consider working with.

Murrentrade's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• MT5 supported • Not regulated
• A range of Trading Instruments • Limited educational resources
  • Multiple account types

Murrentrade Alternative Brokers

There are many alternative brokers to Murrentrade depending on the specific needs and preferences of the trader. Some popular options include:

  • Forex Club - A well-established forex broker offering a wide range of trading instruments, educational resources, and a user-friendly platform for traders of all experience levels.

  • BlackBull Markets – A reputable forex and CFD broker known for its institutional-grade liquidity, competitive pricing, and advanced trading technology.

  • Eightcap - A trusted forex and CFD broker that provides traders with competitive spreads, fast trade execution, and a comprehensive suite of trading tools and resources.

Is Murrentrade Safe or Scam?

Murrentrade currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with Murrentrade, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Market Instruments

Murrentrade offers a variety of trading instruments across different asset classes, including forex, gold, indices, cryptocurrencies, energies and commodities.

- Forex: Forex trading holds low entry barriers due to the fact that it is accessible to clients without requiring significant amounts of capital by trading on margin. The continuously fluctuating exchange rate enables market participants to make profits by executing successful trades.

- Gold: Gold is a popular trading instrument due to its status as a safe-haven asset and store of value. Traders should keep an eye on economic indicators, geopolitical events, and central bank policies as they can affect gold prices. Factors like inflation, interest rates, and currency fluctuations impact the value of gold.

- Indices: Traders can invest in global stock indices such as the S&P500, Nasdaq, DAX30, and FTSE100 through Murrentrade. Indices are calculated based on the market capitalization of the component companies. A variety of factors, including commodity prices, company announcements and financial results all play an important role in determining the indexs price.

- Cryptocurrencies: The platform offers traders access to major cryptocurrencies. They present the opportunity to trade 24/7. Cryptocurrencies only exist in the blockchain and are accessible through codes called private and public keys.

- Energies: Murrentrade provides access to the energy markets, where traders can invest in crude oil and natural gas. Energy Markets refer to commodities that refer specifically to the trade and supply of energy.

- Commodities: Murrentrade provides traders with access to a range of other commodities, including metals, agricultural products, and energy products like oil. Commodities are traded on the futures markets, and their values can be impacted by a variety of factors, such as supply and demand, geopolitical events, and weather patterns.

Market Instruments


Murrentrade offers three live account types including Classic account, Standard account and VIP account with the minimum deposit requirement of $100, $100 and $10,000 respectively.

Classic Account:

It offers basic features and is suitable for beginners or traders with limited experience.

Standard Account:

It provides additional features and tools compared to the Classic account, making it a good choice for traders looking for more advanced functionalities.

VIP Account:

The VIP account is designed for experienced traders or individuals with larger trading volumes. It offers enhanced features, personalized services, and priority customer support.

It's important to note that these account types may come with different trading conditions, such as spreads, leverage, and commission rates. It's recommended to review the specific details provided by Murrentrade to determine which account type best suits your trading needs.

Account Types


For the Classic and Standard accounts, Murrentrade offers a maximum leverage of 1:1000. This means that traders can trade with a position size up to 1000 times the amount of their initial deposit. For example, if a trader deposits $100, they can potentially control a trading position of up to $100,000.

Meanwhile, the VIP account provides even higher leverage, with a maximum of 1:2000. With this level of leverage, traders can control even larger positions relative to their initial deposit. For instance, a deposit of $10,000 could potentially allow traders to trade positions worth up to $20,000,000.

However, it is important to understand the risks involved, as the higher the leverage, the greater the risk of incurring significant losses. It is recommended to use leverage judiciously and exercise good money management practices to minimize the risks. Traders should always consider their trading experience, risk tolerance levels, and financial objectives when deciding the leverage to use for each trade.

Spreads & Commissions

Murrentrade offers the spread from 0.1 pips for the VIP account, 0.3 pips for the Standard account and 1.2 pips for the Classic account.

Besides, Murrentrade offers $7 per lot for the VIP account and $8 per lot for the Standard account and is free for the Classic account .

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
Murrentrade 0.3 pips (Std) $8 per lot (Std)
Forex Club 2.0 pips None
BlackBull Markets 0.2 pips None
Eigntcap 0.1 pips None

Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.

Trading Platforms

Murrentrade offers MT5 for its clients. MT5 is a comprehensive trading platform that offers a wide range of features and tools to assist traders in making informed trading decisions.

The MT5 platform is known for its user-friendly interface, which makes it easy to navigate for both beginner and advanced traders. It provides access to various financial markets, including forex, stocks, commodities, and indices, allowing traders to diversify their portfolios and take advantage of different trading opportunities.

See the trading platform comparison table below:

Broker Trading Platform
Murrentrade MT5
Forex Club MT4, MT5, Libertex
BlackBull Markets MT4, MT5
Eigntcap MT5

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +92 3454777548



Customer Service
Pros Cons
  • Assistance with various inquiries and concerns
  • Language limitations
  • Help with technical issues and platform navigation
  • No 24/7 customer support

Note: These pros and cons are subjective and may vary depending on the individual's experience with Murrentrade's customer service.


In conclusion, Murrentrade is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, Murrentrade's trading platform, MT5, caters to the needs of both beginner and advanced traders.

However, Murrentrade doesnt have regulation. Therefore, traders should verify the regulatory status of Murrentrade or any broker they choose to work with to ensure compliance with industry standards and regulatory requirements.

Frequently Asked Questions (FAQs)

Q 1: Is Murrentrade regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at Murrentrade?
A 2: You can contact via telephone, +92 3454777548 and email,
Q 3: Does Murrentrade offer demo accounts?
A 3: No.
Q 4: Does Murrentrade offer the industry leading MT4 & MT5?
A 4: Yes. It supports MT5.
Q 5: What is the minimum deposit for Murrentrade?
A 5: The minimum initial deposit to open an account is $100.
Q 6: Is Murrentrade a good broker for beginners?
A 6: No. It is not a good choice for beginners because of its unregulated condition.

User Reviews

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M&C hair house -墨林
more than one year
Murrentrade is a great platform. I've been using the standard account for a while now and it's been smooth sailing. I haven’t experience any slippage and my first withdrawal went offwithout a hitch. I was so impressed that I've already made another deposit. I would recommend this brokerage firm without any hesitation and I never tell lies, trust me, guys.
2023-03-24 09:26
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