Score

2.44 /10
Danger

MTRADING

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

MT4 Full License

High potential risk

B

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Comparison

Quantity 9

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.83

Risk Management Index0.00

Software Index9.45

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2023-01-01

Broker Information

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Company Name

ServiceComsvg LLC

Company Abbreviation

MTRADING

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2026-03-19
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has received a total of 7 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Verification

Pyramid scheme complaint
Expose
    Sources
    MTRADING · Company summary
    MTrading Review Summary
    Founded2012
    Registered Country/RegionSaint Vincent and the Grenadines
    RegulationFCA (General registration)
    Market InstrumentsForex, commodities, cryptos, CFDs, indices, stocks
    Demo Account
    Islamic Account
    LeverageUp to 1:8888
    SpreadFrom 0 pips
    Trading PlatformMT4, MT5, WebTrader
    Minimum Deposit$10
    Customer Supportlive chat, WA, Telegram

    MTrading Information

    MTrading was started in 2012 and is based in Saint Vincent and the Grenadines. It is regulated by the FCA (UK) through MONETRIX LTD. It has a lot of different trading instruments, like forex, commodities, crypto, indices, and CFDs. It also has account types for both new and experienced traders, and you can use several platforms such as MT4, MT5, and WebTrader.

    MTrading's homepage

    Pros and Cons

    ProsCons
    Regulated under FCAGeneral registered FCA license
    Various trading instruments
    Demo accounts
    MT4 and MT5 platforms
    Low minimum deposit ($10)
    No deposit/withdrawal fees
    Live chat support

    Is MTrading Legit?

    Yes, MTrading holds a general registered license from the Financial Conduct Authority (FCA) of the United Kingdom, with the licensed business MONETRIX LTD, having a Common Business Registration license, license number 16198039.

    General registered FCA license

    What Can I Trade on MTrading?

    MTrading has a lot of tradable assets, such as forex currency pairs, commodities, cryptocurrencies, indices, stocks, and CFDs.

    Tradable InstrumentsSupported
    Forex
    Commodities
    Cryptos
    CFDs
    Indices
    Stocks
    Bonds
    Options
    ETFs

    Account Type

    There are three primary types of live accounts at MTrading: All In Price (MT5), M.Premium (MT4), and M.Pro (MT4). The minimum deposit for all accounts is only $10, and the maximum leverage is 1:1000. You can get demo accounts and Islamic (swap-free) accounts if you want.

    Account TypeMinimum DepositLeverageSpreadCommissionSuitable for
    M.Premium$101:8888From 1 pips0Traders needing wide market access via MT4
    M.ProFrom 0 pips$4 per lotAdvanced traders wanting zero spread, MT4, ECN

    Leverage

    MTrading gives its account types floating leverage of up to 1:1000, which lets traders handle big positions with a small amount of money. However, high leverage makes both possible gains and possible losses bigger, so traders need to be very careful with how they handle their risks.

    MTrading Fees

    Compared to other companies in the same field, MTrading's total trading fees are reasonable. The broker has tight spreads on its M.Pro account, starting at 0 pips, and charges $4 a lot in commissions. Its All-In Price and M.Premium accounts have spreads starting at 1 pip and no extra commission.

    Account TypeSpreadCommission
    M.PremiumFrom 1 pips0
    M.ProFrom 0 pips$4 per 1.0 lot

    Non-Trading Fees

    Non-Trading Fees Amount
    Deposit Fee0
    Withdrawal Fee0
    Inactivity FeeNot mentioned

    Trading Platform

    Trading PlatformSupportedAvailable DevicesSuitable for
    MT4Windows, macOS, Android, iOSBeginners
    MT5Windows, macOS, Android, iOSExperienced traders
    WebTraderWeb/
    MT4

    Deposit and Withdrawal

    MTrading does not charge any deposit or withdrawal fees. The minimum deposit is $10.

    Deposit Options

    Payment MethodMinimum DepositMaximum DepositDeposit FeesDeposit Time
    Local Depositor$10 USD$10,000 USD$0Instant
    FPX50 MYR45,000 MYR
    Internet Banking
    Touch n Go
    Tether$50 USD$10,000 USD
    Neteller$5,000 USD/EUR
    Skrill
    Deposit and Withdrawal

    News

    NewsGold faces second weekly loss ahead of Fed inflation data

    Sour sentiment joins pre-data anxietyGlobal financial markets started Friday in a cautious risk-off mood as tensions involving Iran and the Strait of Hormuz coincided with investor focus on the Februa

    WikiFX
    2026-03-17 11:16
    Gold faces second weekly loss ahead of Fed inflation data

    NewsGBPUSD posts three-day losing streak, focus on BoE’s Bailey, U.S. data & Iran war

    Risk aversion prevailsMarket sentiment remains negative as Iran increases attacks on energy vessels, while U.S. efforts to ease the energy supply shortage fail to convince markets. U.S. inflation data

    WikiFX
    2026-03-13 12:05
    GBPUSD posts three-day losing streak, focus on BoE’s Bailey, U.S. data & Iran war

    NewsEURUSD edges higher past 1.1600 as U.S. Inflation looms

    Cautious mood prevailsMarket sentiment remains unclear and mostly cautious early Wednesday. Mixed headlines from the Strait of Hormuz and anxiety ahead of the U.S. inflation data, the Consumer Price I

    WikiFX
    2026-03-12 11:19
    EURUSD edges higher past 1.1600 as U.S. Inflation looms

    ExposureCommon Questions About MTRADING: Safety, Fees, and Risks (2025)

    Finding a broker that balances low costs with high security is the ultimate goal for any trader. MTRADING often catches the eye of beginners because of its very low entry barrier (just $10) and promises of high leverage. But does accessibility equal safety?

    WikiFX
    2026-01-14 17:20
    Common Questions About MTRADING: Safety, Fees, and Risks (2025)

    User Reviews

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    User comment

    26

    Comments

    Write a review

    FX1845763402
    0-3months
    Sàn đòn bẩy cao, nhiều khuyến mãi
    Sàn đòn bẩy cao, nhiều khuyến mãi
    Translate to English
    2026-01-28 12:47
    Reply
    0
    0
    FX3998048960
    3-6months
    I had really good experience trading with Mtrading
    I had really good experience trading with Mtrading
    Translate to English
    2026-01-27 14:52
    Reply
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    0
    9