Mitrade

Mitrade Broker Review 2025 – Is It a Safe Forex & CFD Broker?

Thinking of trading with Mitrade? In this comprehensive review, we analyze Mitrade’s regulations, trading conditions, spreads, fees, platforms, safety, and more. By the end, you’ll know whether Mitrade is suitable for your trading style in 2025.

Regulation & Safety

Mitrade is a regulated broker that provides transparent trading conditions and client security features:

• Regulated by ASIC Australia – License No: 398528
• Regulated by CIMA (Cayman Islands) – License No: 1612446
• Regulated by FSC Mauritius – License No: GB20025791
• Segregated client funds
• Negative balance protection
• Responsible leverage limits depending on region

Account Types Offered

Trading Platforms

• Mitrade WebTrader – simple, user-friendly interface
• Mitrade Mobile App – fast execution and intuitive charting
• No MT4 / MT5 support (Mitrade uses its own proprietary platform)
• Available on browsers, iOS, Android

Instruments You Can Trade

• 60+ Forex pairs
• Global indices & US indices
• Gold, Silver, Oil & other commodities
• Crypto CFDs (BTC, ETH, LTC, XRP & more)
• Stock CFDs from major global markets

Spreads, Fees & Commission

• Spreads: Variable spreads starting from 1.0 pips
• Commissions: None – commission-free model
• Swap Fees: Charged on overnight positions
• Deposit/Withdrawal Fees: Most methods are free; third-party charges may apply
• Inactivity Fee: Yes, after long periods of inactivity

Security & Measures

• Segregated client accounts
• Secure SSL-encrypted website
• Regulated entities with clear audit oversight
• Negative balance protection for all clients

Deposit & Withdrawal Options

Customer Support

• 24/5 Live Chat
• Email support
• Fast response mobile ticketing system
• Multilingual support team

Pros & Cons

Pros

• Very user-friendly platform
• Low minimum deposit ($50)
• Commission-free trading
• Good mobile trading experience
• Negative balance protection

Cons

• No MT4 or MT5
• Spreads higher than ECN brokers
• Limited advanced features for pro traders
• Crypto CFDs unavailable in some regions

Is Mitrade Right for You?

If you prefer a simple, clean, and easy-to-use trading platform with no commissions and low entry costs, Mitrade is a strong choice. It’s ideal for beginners and intermediate traders who want a user-friendly trading experience without complicated tools.

However, advanced traders who rely on MT4/MT5, EAs, or ultra-tight ECN spreads may find Mitrade’s platform too limited.

If you want to get started with Mitrade:

Open Live Account with Mitrade

Try Free Demo Account

FAQs About Mitrade

Is Mitrade regulated?
Yes — Mitrade is regulated by ASIC, CIMA, and FSC Mauritius.

What is the minimum deposit?
The minimum deposit is $50.

Does Mitrade offer MT4 or MT5?
No, Mitrade uses its own proprietary platform.

Are there commissions?
No — Mitrade charges zero commissions on all trades.

How tight are the spreads?
Spreads start from around 1.0 pips on major currency pairs.

How long do deposits/withdrawals take?
Cards and e-wallets are usually instant; bank transfers take 1–3 days.

Disclaimers

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Ensure you fully understand the risks before trading.