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Mitrade review

Mitrade review: regulation (Regulated by Australian Securities and Investments…), minimum deposit 100, leverage up to 1:200, platforms and current bonuses.

4.2of 5
Open account
Minimum deposit100
Max. leverage1:200
Spread from0.3 Pips
Founded2012

Trading conditions

Broker type
ECN/STP
Minimum deposit
100
Maximum leverage
1:200
Minimum spread
0.3 Pips
Platforms
Web-based Version, Mobile App
Instruments
Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures
Account currencies
USD, AUD

Bonuses

No deposit bonus
$50 Forex No Deposit Bonus
Welcome bonus
Welcome Bonus Promotions
Other promotions
Special Rebate Promotions

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
No
Mini account
Yes
VIP account
No
Managed account
No
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank transfer, credit card, Skrill, Neteller and More
Withdrawal methods
Bank transfer, credit card, Skrill, Neteller and More

Company

Regulation
Regulated by Australian Securities and Investments Commission (ASIC), Australian Financial Services Licence (AFSL) No. 398528.
Founded
2012
Country
Australia
Address
Level 17, 350 Queen Street, Melbourne, VIC 3000, Australia
Publicly traded
Yes
Website languages
English, Chinese, Vietnamese, Thailand, Korea, Bahasa Indonesia, Bahasa Melayu
Phone
No
Email or Skype
[email protected]

About Mitrade

Some news

Mitrade pros and cons

Pros

  • Regulated by Regulated by Australian Securities and Investments…
  • Low minimum deposit: 100
  • Raw spreads from 0.3 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account

Cons

  • Conditions and bonuses can differ by regulated entity

Mitrade FAQ

Is Mitrade a safe and regulated broker?

Mitrade was founded in 2012 and is regulated by Regulated by Australian Securities and Investments Commission (ASIC), Australian Financial Services Licence (AFSL) No. 398528.. Your protection depends on which Mitrade entity opens your account.

What is the minimum deposit at Mitrade?

The minimum deposit at Mitrade is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at Mitrade?

Mitrade offers leverage up to 1:200. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Mitrade offer a no deposit bonus?

Yes. Mitrade offers a no deposit bonus: $50 Forex No Deposit Bonus. Bonus terms change often, so confirm them on the broker's website.

Which trading platforms does Mitrade offer?

Mitrade supports Web-based Version, Mobile App. Mobile trading is available.

Does Mitrade allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Mitrade offer an Islamic (swap-free) account?

Yes. Mitrade offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Mitrade – $50 Forex No Deposit…Open account