Choosing the right forex and CFD broker is one of the most important steps for any trader. With hundreds of brokers available globally, it is easy to get confused between regulated, unregulated, beginner-friendly, and professional-level platforms. In this MTrading Review, we will take a deep dive into the broker’s offerings, safety, account types, fees, spreads, trading platforms, customer support, and more.
👉 Our goal is to help you decide whether MTrading is the right choice for you in 2025.
MTrading is a global forex and CFD broker that has attracted a broad user base, especially in Asia and Africa. But is it safe? How does it compare to popular brokers like XM, Exness, Doo Prime, and IC Markets? Let’s find out.
What is MTrading?
MTrading is an online broker that offers access to forex, commodities, indices, and stock CFDs. Founded in 2012, the broker has built a reputation in emerging markets such as Africa and Asia. It operates with a focus on low-cost trading and beginner-friendly education resources.
Key Facts About MTrading
- Founded: 2012
- Headquarters: Belize (offshore regulation)
- Regulation: Belize International Financial Services Commission (IFSC)
- Platforms: MetaTrader 4 (MT4)
- Tradable Assets: Forex, Commodities, Indices, Stocks, Metals, Energies
- Account Types: M.Premium, M.Pro
- Leverage: Up to 1:1000 (depending on region)
- Spreads: Starting from 0.0 pips (Pro Account)
- Minimum Deposit: $100
- Website: MTrading.com
Is MTrading Safe or a Scam?
When reviewing a broker, the first question every trader asks is: Is MTrading safe?
Regulation
MTrading is regulated by the Belize IFSC, which is considered an offshore regulator. Unlike top-tier regulators such as CySEC (Cyprus), ASIC (Australia), or FCA (UK), offshore regulators are less strict in terms of investor protection.
👉 This means MTrading is not the safest choice if you prioritize regulation. However, the broker has operated since 2012 without major scandals, which adds credibility.
Safety Features
- Segregated Accounts: Client funds are kept separate from company funds.
- Negative Balance Protection: Ensures traders cannot lose more than their deposits.
- No Investor Compensation Scheme: Unlike EU brokers, there is no compensation if the broker goes bankrupt.
⚠️ Verdict: MTrading is moderately safe, but if regulation is your top priority, you might prefer brokers like XM, Exness, or IC Markets.
MTrading Account Types
MTrading offers two main account types, both available on the MT4 platform.
| Account Type | Minimum Deposit | Spreads | Commission | Leverage |
| M.Premium | $100 | From 1.0 pips | No commission | Up to 1:1000 |
| M.Pro | $100 | From 0.0 pips | $4 per lot (round turn) | Up to 1:1000 |
Key Takeaways
- M.Premium is best for beginners who prefer commission-free trading.
- M.Pro is suitable for scalpers and professional traders who want tighter spreads.
Trading Platforms at MTrading
MTrading only supports MetaTrader 4 (MT4). While MT4 is an industry standard, many brokers now offer MT5 or proprietary platforms.
Features of MT4 with MTrading
- Advanced charting tools
- Automated trading with Expert Advisors (EAs)
- Multiple order types
- Mobile, desktop, and web versions available
⚠️ Limitation: No MT5 or cTrader support, unlike competitors like IC Markets.
MTrading Spreads, Fees & Commissions
The cost of trading is one of the most important factors when choosing a broker. Here’s how MTrading compares:
Trading Fees
- M.Premium: Spreads from 1.0 pips, no commission.
- M.Pro: Spreads from 0.0 pips, $4 commission per lot.
Non-Trading Fees
- Deposit Fees: Free
- Withdrawal Fees: Free (but conditions apply)
- Inactivity Fee: Applies after 60 days of inactivity
📌 Compared to brokers like Exness and IC Markets, MTrading fees are competitive but not the lowest.
MTrading Pros and Cons
| Pros | Cons |
| Low minimum deposit ($100) | Offshore regulation (Belize IFSC) |
| MT4 platform with full features | No MT5 or cTrader |
| High leverage up to 1:1000 | Limited research tools |
| Good educational resources | No investor compensation scheme |
| Fast account opening process | Fewer asset classes than IC Markets or XM |
MTrading vs Competitors
To understand how MTrading stacks up, let’s compare it with other popular brokers.
| Feature | MTrading | XM | Exness | IC Markets | Doo Prime |
| Regulation | Belize IFSC | FCA, CySEC, ASIC | FCA, CySEC, FSCA | ASIC, CySEC | FSC Mauritius |
| Minimum Deposit | $100 | $5 | $10 | $200 | $100 |
| Platforms | MT4 | MT4, MT5 | MT4, MT5 | MT4, MT5, cTrader | MT4, MT5 |
| Leverage | 1:1000 | 1:1000 | Unlimited (varies by region) | 1:500 | 1:1000 |
| Spreads | From 0.0 pips | From 0.6 pips | From 0.0 pips | From 0.0 pips | From 0.0 pips |
| Investor Protection | No | Yes | Yes | Yes | Limited |
👉 Clearly, brokers like XM, Exness, and IC Markets have stronger regulatory protection than MTrading.
Deposit & Withdrawal Options
MTrading provides multiple payment options depending on region:
- Bank Transfer
- Credit/Debit Cards
- Skrill
- Neteller
- Local Payment Methods (varies by country)
⚡ Processing Time: Most withdrawals are processed within 24 hours.
Education & Research Tools
One area where MTrading stands out is education. They provide:
- Free webinars
- Forex trading tutorials
- Market outlook reports
- Beginner-friendly guides
However, compared to IC Markets and Exness, research tools are limited.
Real-Life Example – MTrading Case Study
Let’s say you are a beginner trader in Kenya with Ksh 20,000 (~$150) to start trading.
- If you open an M.Premium account, you can start with $100 minimum deposit.
- With leverage up to 1:1000, you could control positions worth up to $100,000.
- However, this high leverage also increases risk.
- Compared to XM (minimum $5 deposit), MTrading requires more initial capital.
📌 Conclusion: MTrading is good for those who want moderate entry costs, but not the cheapest option.
Customer Support at MTrading
MTrading provides customer support via:
- Live Chat (24/5)
- Email Support
- Local Offices in some countries
Support is responsive but not available 24/7 like some competitors.
Final Verdict – Is MTrading Worth It?
MTrading is a reliable broker for beginner and intermediate traders, especially in emerging markets. However, due to its offshore regulation, it is not the safest choice if you prioritize strict regulatory protection.
If you want low-cost trading with MT4 and high leverage, MTrading is a good option. But if you prefer better regulation, more platforms (MT5, cTrader), and stronger investor protection, brokers like XM, Exness, and IC Markets are better choices.
✅ Our Rating: 3.8/5
FAQs – MTrading Review
1. Is MTrading regulated?
Yes, MTrading is regulated by the Belize IFSC, which is an offshore regulator.
2. What is the minimum deposit for MTrading?
The minimum deposit is $100 for both account types.
3. Does MTrading offer MT5?
No, MTrading only supports MT4, unlike competitors such as Exness and IC Markets.
4. What is the maximum leverage in MTrading?
Traders can access leverage up to 1:1000, depending on region and account type.
5. Does MTrading charge withdrawal fees?
Most withdrawal methods are free, but conditions may apply depending on your region.
6. Is MTrading good for beginners?
Yes, thanks to its education resources and simple account structure, MTrading is beginner-friendly.
7. How does MTrading compare to XM?
XM has stronger regulation, lower minimum deposit, and more platforms (MT4 + MT5). MTrading offers higher leverage but weaker regulatory oversight.
8. Can I trade cryptocurrencies on MTrading?
Currently, MTrading focuses on forex and CFDs, and does not offer a wide selection of crypto assets.
9. What countries does MTrading accept traders from?
MTrading accepts traders from many regions, including Asia and Africa, but excludes countries like the USA.
10. What is the best alternative to MTrading?
The best alternatives are XM, Exness, and IC Markets, depending on your trading style and regulation preference.
Conclusion – Should You Trade with MTrading?
MTrading is a decent option if you’re looking for a user-friendly broker with MT4, high leverage, and good educational resources. However, due to its offshore regulation, traders who prioritize safety may want to consider XM, Exness, or IC Markets.
👉 If you are ready to start trading, always remember to:
- Start with a demo account.
- Manage your risk carefully.
- Compare brokers before depositing.
🚀 Call-to-Action: Ready to trade? Explore our list of Top Forex Brokers in 2025 and find the one that fits your needs.
