Overall Rating: ★★☆☆☆ (2.5/5.0)

MTrading is an offshore forex and CFD broker offering access to MetaTrader 4 (MT4), competitive leverage, and trading in forex, metals, indices, energies, and cryptocurrencies. Founded in 2013, MTrading primarily serves clients in Asia, Africa, and Latin America, operating under ServiceComsvg Ltd, registered in St. Vincent and the Grenadines. While the broker promotes zero commission trading, tight spreads, and local payment options, it remains unregulated by any major financial authority, raising questions about fund security and investor protection.

This MTrading review analyses its trading conditions, pricing, safety features, and whether it’s a viable option in 2025.

Key Features

MTrading positions itself as a user-friendly broker for global retail traders seeking MT4 access, high leverage, and flexible account options.

• Trading Platform:
  • MetaTrader 4 (MT4)
• Markets Offered:
  • Forex, metals, indices, energies, and cryptocurrencies
• Account Types:
  • M.Standard (no commission)
  • M.Pro (raw spreads with commission)
• Leverage:
  • Up to 1:1000
• Minimum Deposit:
  • From $100
• Funding Methods:
  • Local bank transfer, cards, crypto, Skrill, Neteller

Regulation and Security

MTrading is an unregulated broker, registered offshore with no oversight from a tier-1 authority.

• Registered in St. Vincent and the Grenadines
• Not regulated by FCA, ASIC, CySEC, or any top-tier body
• No investor compensation scheme
• No audited proof of client fund segregation
• No guaranteed negative balance protection

Pricing and Costs

MTrading offers tight spreads and flexible account structures, but transparency around slippage and execution is limited.

• Spreads:
  • M.Standard: From 1.2 pips
  • M.Pro: From 0.0 pips
• Commission:
  • M.Pro: $4 per lot round-turn
• Deposit & Withdrawal Fees:
  • No internal fees; processor fees may apply
• Inactivity Fee:
  • Charged after 180 days (not clearly stated on website)

Educational Resources and Customer Support

MTrading offers basic trading education and multilingual support with a focus on localised assistance.

• Education:
  • Platform tutorials, webinars, trading basics
  • No advanced trader tools or strategy libraries
• Market Analysis:
  • Limited daily outlooks and blog posts
• Customer Support:
  • Live chat, email, and callback form
  • Multilingual assistance, often responsive in local regions
  • No 24/7 support

Risk Management Tools

Risk features are limited to those available through the MT4 platform.

• Stop-loss, take-profit, and trailing stop orders
• No guaranteed stop-loss orders (GSLOs)
• No margin alerts or proprietary risk dashboards
• Leverage adjustments available during onboarding only

Pros and Cons

Pros

• Supports MT4 with raw spread account options
• High leverage up to 1:1000
• Crypto and local deposit options
• Multilingual support in emerging markets

Cons

• Unregulated and offshore, with no investor protection
• No MT5 or proprietary platform
• Limited educational and analytical resources
• Lack of transparency on fees and execution
• Inactivity and withdrawal issues reported by some users

Conclusion: Is MTrading the Right Choice?

MTrading may appeal to high-leverage retail traders in emerging markets, but the absence of regulation, fund security, and risk controls makes it unsuitable for serious or long-term traders. Its MT4 platform and flexible funding options are helpful, but traders should weigh the risks carefully. Safer options include AvaTrade, Pepperstone, or IC Markets, all of which offer similar conditions under reputable regulation.