MTrading offers several different trading account types for traders. Traders can deposit and withdraw using local bank transfers, credit cards, or popular e-wallet services such as Skrill. The MStandard account has a low starting capital requirement of $10 and is ideal for beginners. MTrading also offers zero spread trading on its M.Pro account, but this comes with a commission charge of $4 per lot traded. MTrading offers several account types that allow you to trade a wide range of CFDs. These instruments include more than 30 currency pairs, energies, stocks, indices and precious metals. It also offers a variety of deposit and withdrawal methods, including electronic payment systems, bank cards, and wire transfer options.
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The MStandard account has a flexible deposit amount and allows trading with over 30 currency pairs and CFDs for indices, energies and stocks. It also offers a maximum leverage of 1:1000, instant trades and small spreads starting from 1 pip. The MStandard account requires a minimum deposit of $10 and does not charge commissions. MTrading is an introducing broker that uses the MetaTrader platform for trading. It is unregulated in Saint Vincent and the Grenadines, but it has joined the Financial Commission, an independent dispute resolution organization that can mediate disputes between brokers and traders. MTrading also provides trading recommendations for beginner traders and hosts webinars to educate new traders.
Leverage is an important factor to consider when choosing a broker. High leverage can offer traders the potential for larger profits, but it can also magnify losses. This is why it is important to use responsible risk management and limit your exposure to excessive leverage. MTrading offers traders a maximum leverage of 1:1000.
It Offers Competitive Spreads
MTrading offers competitive spreads for trading forex pairs, commodities, stock indices and cryptocurrencies. The company offers both standard and raw accounts with a fixed spread and a commission. Traders can deposit and withdraw funds using various electronic payment systems, credit cards and wire transfers. Besides offering competitive spreads, MTrading also offers a number of innovative tools and features to improve traders’ trading experience. These include a customizable trading screen, risk management tools and advanced charting. In addition, MTrading provides its clients with educational resources and market analysis. Click here to know all about the mtrading account type.
MTrading offers an extensive range of deposit and withdrawal options for traders all over the world. These include popular electronic payment systems, bank cards, and wire transfer options. In addition, traders can also use e-wallet services such as Neteller and Skrill to make deposits and withdrawals. Traders can contact customer support via email and through the broker’s Cyprus-registered phone number. Alternatively, they can try out the broker’s free demo account before making any deposits.
MTrading is a market maker, meaning it acts as the counterparty to its customers’ trades. This type of business model may pose risks for some traders who are not familiar with it. Nevertheless, the company is committed to maintaining a physical presence in major cities worldwide so that it can respond to any issues promptly. The broker also offers a variety of educational resources for novice and experienced traders. The company also offers high maximum leverage of up to 1:1000, which can increase the potential profits of traders.
It Offers Negative Balance Protection
Negative balance protection is one of the most important features to look for when trading on a leveraged platform. It can save you a lot of money and protect beginners from excessive losses. It’s also an important factor when choosing a broker. If a trader’s losses exceed their account balance, they must pay their broker. This is a big problem for new traders who can easily lose thousands of dollars without negative balance protection. MTrading offers this protection to prevent its clients from incurring debt with the broker.
This feature is particularly useful for spread betting clients who can be exposed to gross exposures of more than their net worth. However, it should be noted that negative balance protection is only available with regulated brokers. Those that are not regulated may offer lower margin rates but will not be able to provide this protection. This is why it’s important to do some research before choosing a broker.
Final Words
Overall, we found the MTrading broker platform to be user-friendly and responsive. The company offers a range of account types and a selection of assets to trade. Customer service is available 24/5 and is responsive to user inquiries. MTrading is a new online broker that is quickly gaining popularity among new and experienced traders alike. One of the reasons for this is because JustMarkets does not charge any fees for deposits or withdrawals. This is a big plus for many traders, as other brokers often charge high fees for these services. MTrading also offers competitive spreads on major currency pairs, starting at just 1 pip. This is very competitive when compared to other brokers who often charge 3-5 pips for the same currency pairs.
