Mtrading Review Review
This Forex broker was established in 2012. The company has opened 10 offices around the World since, providing services to more than 250 000 traders (according to the information, given on the official Mtrading website). Clients’ accounts are protected with insurance up to 20 000 EUR per account. The broker is regulated by the Financial Services Authority of Saint-Vincent and Grenadines.
Getting started
To open an account with the broker and start trading, you need to do several steps including:
- Filling the Account Creation fields.
- Deposit funds.
- Download the platform or use the web terminal.
Before you start trading with your real funds, you can have a practice using a Demo account. This is completely free. The demo is available to all Mtrading clients offering a trading platform, an amount of funds you prefer, live quotes and all instruments you will be dealing with during your trading career.
Why it is important for every trader to use Demo? There are two main advantages of those virtual accounts. First, you will be able to learn more about the trading platform. This is especially important for the beginners who have lack of MT4,5 trading experience.
Second, you will be able to work out your trading strategies in the field. You will be given virtual funds that you can trade without being afraid of losing it. Demo account helps even experienced traders to practice their trading systems.
Mtrading broker offers two types of account:
- Premium Live. You will have access to more than 100 instruments for $100 of the initial deposit only.
- Pro Live. For $500+ you will have access to trading with 0+spreads.
After depositing your account using bank cards, wire transfer or electronic payment systems you can download a platform. The broker offers different types of Metatrader including:
- Basic MT4.
- Supreme MT4 (with multiple plugins).
- Multiterminal (allowing simultaneous orders allocation).
- Web trader (MT4 for web trading).
Education, Analytics and Affiliate program
Mtrading pays much attention to the proficiency of its clients offering them a well-designed education program. Here you can find webinars, seminars and tons of interesting articles connected to trading, strategies and other important aspects.
All articles are divided into three main types – Basics, strategies and indicators. In the first section, you can find all sorts of articles on trading platforms, successful trading ideas, trading different instruments, guides, etc.
Strategies section is important for those who have already learned something about trading and want to improve their skills. Here you will find many articles on scalping, day trading, money management, speculating with small deposits, etc.
Finally, within the Indicators section, there are articles on trading algorithms, best indicators and trading simulation.
Analysis materials are coming along with education. Here you can find daily forecasts for the most popular currency pairs, trading session schedule, etc.
Mtrading offers a very generous affiliate program allowing you to earn up to $400 CPA or 40% of Revenue share per each referral.