MTrading Journal

Journal status: live
MTrading joined in | not yet
MTrading Profile
Year
2012
Country
SVG
Branches
10
Regulation
not regulated
Registration
FSA SVG, Financialcommission.org
Investor protection
Fund protection
Financialcommission.org
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Africa, Australia, Austria, Belgium, Benin, Bosnia and Herzegovina, Bulgaria, Canada, Croatia, Cuba, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Guinea, Guinea-Bissau, Hungary, Iceland, Iran, Iraq, Ireland, Italy, Japan, Jordan, Latvia, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg, Madagascar, Malta, Marshall Islands, Mauritania, Moldova, Monaco, Mozambique, Myanmar, Namibia, Netherlands, North Korea, North Macedonia, Norway, Pakistan, Poland, Portugal, Romania, Russia, Senegal, Serbia, Slovakia, Slovenia, Somalia, South Korea, Spain, Sudan, Sweden, Switzerland, Syria, Taiwan, Turkey, UK, US
Broker type
STP, DMA, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

MTrading Accounts
STP
ECN
Minimum Deposit
100 $
500 $
Leverage
1000 : 1
1000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0 pips
Commission
0 $/lotRT
8 $/lotRT
Volume
100 lots
200 lots
Margin Call
...
...
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Prepaid Card, Tether, NganLuong, Touch'nGO, Rapipago, Pago Facil
Base currency
USD, EUR, RUB, VND, THB
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 36 months
Update broker

Is MTrading safe?

  • Investor protection: Financialcommission.org
  • Regulation: not regulated
  • Registration: FSA SVG, Financialcommission.org
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is MTrading trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • MTrading website: semi-detailed, updated ★★★
  • MTrading popularity (by visitor count): average ★★★

How MTrading works



Our relationships with clients are regulated by the Financial Commission, which guarantees the protection of each trader’s funds up to 20,000 EUR.


1.6 Conflict of Interest Policy
ServiceComSvg Ltd. does not normally owe best execution duties to the Client as ServiceComSvg Ltd. deals with the Client “on quotes”, so it does not execute orders “on behalf” of the Client. When the Client wants to enter into a particular contract with ServiceComSvg Ltd., it may decide whether or not to do so based on the price (or exchange rate, as applicable) quoted by ServiceComSvg Ltd. for that contract. ServiceComSvg Ltd. determines the prices (or exchange rates, as applicable) at which it is prepared to enter into a contract with the Client (and the relevant bid-ask spread) in its absolute discretion, taking into account the price levels quoted by competitors and other intermediaries, general market conditions as well as other factors such as the exposure of ServiceComSvg Ltd. to the underlying financial instruments.


2.6. Limitation of Liquidity
2.6.1. MTrading cannot and does not warrant or guarantee that every Customer order will be executed at the posted price. Among other things, there may not be access to every market at which a particular product may trade; other orders may trade ahead of Customer’s order and exhaust available volume at a posted price; exchanges or market makers may fail to honor their posted prices.

2.6.2. MTrading has discretion to re-route customer orders out of automated execution systems for manual handling (in which case execution or representation of Customer’s order may be substantially delayed); or exchange rules, policies, procedures or decisions or system delays or failures may prevent Customer’s order from being executed by MTrading, may cause a delay in the execution of Customer’s order or may cause Customer’s order not to be executed at the requested price.


Funds are segregated from the assets of MTrading and kept in a regulated banking institution to ensure they are available at all times, which means they cannot be used by the company for its own purposes.

Funds are protected by the Negative Balance Correction Service which means that no matter what happens on the market, you would never find yourself in a situation when you owe something to MTrading.

In case the dispute arises, you’re protected by the Financial Commission https://financialcommission.org/ that covers each case with up to €20.000.



Comments

Nassaar

according to many statements from this kind of review, I can conclude that it's a safe place for trading and making money. such tools as negative balance protection, insurance from finacom and other stuff guarantees that the broker is always interested in compliance with the rules accepted in the industry.
thanks for the overview, and thanks Mtrading for being a safe isle in this limitless ocean of brokers! :D

Tung

MTrading offers various policies and assurances regarding the protection of client funds and the prevention of conflicts of interest. Relationships regulated by the Financial Commission guarantee the protection of each client's funds up to EUR 20,000. Client funds are protected separately from the company's assets and held in a regulated banking institution, so that they cannot be used for the company's own purposes.




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