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About

MTrading is an online forex and CFD broker established in 2013, offering a range of financial instruments including currency pairs, commodities, indices, cryptocurrencies, and stocks. The broker provides access to the MetaTrader 4 (MT4) platform, enhanced with the MT4 Supreme Edition plugin, which offers advanced charting tools and additional features for traders. Clients can choose between two main account types. The premium account requires a minimum deposit of $100 and operates with a Straight Through Processing (STP) execution model, while the pro account requires a $500 minimum deposit and offers Electronic Communication Network (ECN) execution with tighter spreads starting from 0.0 pips, accompanied by a commission of $4 per lot. MTrading offers leverage up to 1:1000, allowing traders to control larger positions with a smaller initial investment. The broker emphasizes competitive trading conditions, including low trading costs and free withdrawals.

About

PrimeXBT is a multi-asset online broker where crypto meets traditional markets. From a single account, clients trade CFDs on forex, cryptocurrencies, commodities, stock indices and shares, as well as crypto futures, and can buy or exchange crypto directly in the app. Trading is available on PrimeXBT's proprietary PXTrader platform and on MetaTrader 5, across web, desktop and mobile apps for iOS and Android. PrimeXBT is built for active traders, with competitive fees and spreads, flexible leverage and risk-management tools, and a free demo account for practising strategies without risk. Founded in 2018, PrimeXBT serves traders around the world and provides 24/7 customer support in multiple languages. Trading leveraged products carries a high level of risk and may not be suitable for all investors.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

Traders interested in a solution to access a variety of financial instruments through the MetaTrader 4 platform

Audience

Retail traders and investors who want to trade crypto, forex, commodities, indices and shares from one account, from beginners to active and professional traders

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.8 / 5
ease 4.7 / 5
features 4.9 / 5
design 4.8 / 5
support 4.9 / 5

Reviews/Ratings

Overall 4.8 / 5
ease 4.7 / 5
features 4.7 / 5
design 4.7 / 5
support 4.8 / 5

Pros & Cons from Real Users

Pros

  • I really likes the fast execution on mtrading broker, orders are filled within milliseconds, and spreads are competitive especially on majors even during volatile market conditions. The platform selection is nice, it’s either MT4 or MT5. And can’t forget about the payments. Deposit and withdrawal process was smooth without any hidden fees which i appreciate a lot.
  • I like their offerings. Honestly, as a brokerage they offer way more than just trading. They give out deposit bonuses of up to 50%, offer copy trading, daily market insights, education and so on. Education is sth many brokers added into their offerings, but mtrading has some good content on interesting topics that is easy to read.
  • I'd point their account structure as their strong side. Just 2 accounts with clear conditions, one with commissions and the other - without, with differing spreads. And both are very affordable - I paid only $10 at the beginning. Very low.
  • They have made a simple but very powerful trading platform. The copy trading platform is great, this is what i used in the early days and this is how i managed to grow tradable capital while was still having a day job. As for manual trading, platform works pretty well. Mt4 i use and the execution is flawless. And we all know this is one of the simplest trading engines but combined with mtrading it is a powerful setup.
  • I liked the looks of the platforms. It certainly created some trading vibe that helped me to feel more motivated. Trading conditions were also good. I compared spreads and commissions with other places, pretty solid, taking into account the low minimum deposit. Fair enough…

Cons

  • Sometimes the app freezes during high volatility but it's rare, and might be cause of internet connection, dunno. However, I wish they had more educational materials, maybe even videos for new traders like me who are still learning.
  • When it comes to disadvantages, they have a few. First of all, the only platаforms are MT4 and MT5. Not bad, but I want to get more options. Secondly, the minimum deposit for USDT payment method is $50, whereas the minimum deposit requirement for opening an account is only $10. Idk, it just doesn’t make sense for me.
  • I would expand the articles they offer in the education section. They seem to be general -when I was reading them, I felt I needed more detailed and serious dive.
  • Nothing critical, but would give maybe a suggestion to the team behind the platform to think of adding more advanced filters for copy trading stats. Also more small UI tweaks could be nice, but this is more luxury than real problem. For one year trading, nothing broke or annoyed me seriously.
  • I missed some assets to be honest. I wanted to see stocks from all over the world, futures assets (heard they’re better for day trading) or the same crypto. In addition to that, swaps fees... Never thought I would pay for holding trades overnight.

Pros & Cons from Real Users

Pros

  • the maker/taker fees are even lower than the crypto exchanges the px trader app works great. no lags and UI is easy to use
  • The educational articles and market analysis are actually useful, not just filler stuff. As a beginner I was getting insights there and implementing it in real trading.
  • I know that they offer crypto futures, but what I like is trading CFDs. I remember the first time I scalped EUR/USD here, the spreads was tight enough that I actually smiled at the screen.
  • Has PXtrader (thats' the main one, with TV, and full features), MT5 (have to download to PC/laptop), and app for tablet/phone. So has all the bases covered, and all 3 platforms are working well for me, no lags or bugs that I've noticed in almost a year of trading here.
  • Fast and simple withdrawals. This makes me focus on trading and not worry about whether or not my broker will transfer my profits

Cons

  • no crypto trading bots, at least i didn’t find any info.
  • Some content may go deeper into advanced trading strategies I guess
  • Absence of stocks, they should add them in near future...
  • More assets, and especially cross-pairs, like between BTC and Gold, would be very cool to add.
  • I have no complaints, no remarks, no suggestions. Like the way it is

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

MTrading
Founded: 2013
Saint Vincent and the Grenadines
mtrading.com

Company Information

PrimeXBT
Founded: 2018
Seychelles
primexbt.com/

Alternatives

Alternatives

bitFlyer

bitFlyer

bitFlyer Group
MetaTrader 4

MetaTrader 4

MetaQuotes

Categories

Forex Trading Supported
Trading Supported

Categories

Integrations

Amazon Web Services (AWS) Not Supported
CoinCodex Not Supported
CoinLedger Not Supported
Koinly Not Supported
MetaTrader 4 Supported
MetaTrader 5 Supported

Integrations

Amazon Web Services (AWS) Supported
CoinCodex Supported
CoinLedger Supported
Koinly Supported
MetaTrader 4 Not Supported
MetaTrader 5 Not Supported
Claim MTrading and update features and information
Claim MTrading and update features and information
Claim PrimeXBT and update features and information
Claim PrimeXBT and update features and information