MTrading is a Forex trading broker that provides traders with a wide range of trading opportunities. It offers leverage of up to 1:1000 and competitive spreads. It also offers a free demo account. Traders can deposit and withdraw funds using various payment systems, including e-wallets like Skrill. They can also use their bank accounts to fund their trading account. MTrading is a broker that is based in the UK and is regulated by the Financial Conduct Authority . The company offers forex and CFD trading on a range of assets, including major and minor currency pairs, precious metals, commodities, and equity indices. MTrading also offers a range of account types to suit different traders’ needs, including standard, pro, and VIP accounts. The MTrading platform is available as a web-based platform or as a mobile app. The web-based platform is designed to be user-friendly and easy to navigate. The mobile app is also user-friendly and is available for both Android and iOS devices.
Leverage: Leverage is a facility that allows traders to take positions with a larger exposure than the amount they deposited into their trading account. This can increase your potential for profit but also magnifies your losses. This is why you should carefully consider the leverage level available before opening a trade. MTrading is one of the best high leverage brokers accepting US clients and offers a variety of account types and instruments. For example, its MStandard account supports up to 1:3000 leverage and comes with a 0.0 pips spread and no commission. The broker’s ECN accounts, on the other hand, offer lower spreads and a higher commission.
The broker also offers a wide range of educational resources and webinars to help you make the right trades. Moreover, it protects its clients’ funds by offering negative balance protection. Its client funds are segregated from the broker’s own funds and stored in a regulated banking institution. In case of insolvency, the broker’s clients will be compensated up to 20,000 USD. Just check the mtrading account type here.
Spreads: The mtrading trading platform offers 27 currency pairs to trade, with low spreads and commission charges. This makes it an ideal choice for new traders who are looking to make a quick profit. The company also provides a wide variety of payment methods, including credit cards and bank transfers. Traders should consider all trading costs when choosing a broker, as they may vary greatly from one broker to another. These costs can include spreads, margins, and commission fees. Traders should also be aware of any swap rates for leveraged overnight positions, which can add up to significant costs.
Spreads are the difference between the bid and ask prices of a currency pair, and they can be fixed or variable. MTrading offers low spreads, starting from 2 pips on the EUR/USD, and zero spreads on its Pro account. However, there are a few important things to keep in mind when comparing spreads on different accounts.
Minimum deposit:Traders can make deposits and withdrawals using a variety of electronic payment systems, bank cards and wire transfer options. The company also offers a wide range of educational resources to help traders develop their trading skills. Copy trading is another feature available to novice traders who want to learn from experienced traders. MTrading is one of the few brokers that offer 24/5 customer support. The site provides an extensive FAQ section that covers the basics of the platform and its features, as well as a live chat option. Traders can also access a secure back office to manage their account.
The company follows industry standards by segregating client funds and holding them in a regulated bank account. This protects traders from losing more money than they have deposited. In addition, MTrading is covered by the Financial Commission’s Compensation Fund up to $20,000 per claim. This is a great benefit for traders who are new to the market and need protection.
Customer service: MTrading offers various deposit and withdrawal options for traders from around the world. It also offers a variety of trading tools, including different types of orders and advanced charting features. In addition, it has a robust risk management system to protect traders from unwanted losses. Buy Limit and Take Profit orders may not be executed at set prices in case market conditions determined by order type and price level change within the period of time the order reaches the queue for processing. In such cases MTrading provides a new quote in a window “Requote”.
Customer agrees to monitor e-mail messages and internal MetaTrader internal messages and satisfy any margin call immediately by depositing funds into the account in order to pay for under-margined positions. MTrading is not responsible for any errors that may occur in the system due to technical problems, software malfunctions or governmental/exchange actions. In such events, MTrading is not liable for any loss or damage to Customer.
