Mitrade
Mitrade is a financial technology company that adheres to strict regulatory standards, committed to providing investors with a simple and convenient trading experience.
Tags:Forex BrokerBasic Information
Full Company Name: Mitrade Global Pty Ltd
Country: Australia
Founded: 2011
Minimum Deposit: $50
Trading Platforms: Mitrade WebTrader, Mitrade Mobile App
Minimum Trade Size: 0.01 lots
Business Model: Market Maker (MM)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +61 3 8679 5200
Headquarters Address: Level 13, 350 Queen Street, Melbourne, VIC 3000, Australia
Regulatory Information
- Australian Securities and Investments Commission (ASIC)
- License Number: 398528
- Regulatory Details: Mitrade is regulated by ASIC, ensuring its operations in the Australian market are legal and compliant.
- Cayman Islands Monetary Authority (CIMA)
- License Number: 1612446
- Regulatory Details: Mitrade Global Pty Ltd is regulated by CIMA, ensuring its operations in global markets are legal and compliant.
Account Types
| Account Type | Standard Account | Pro Account |
|---|---|---|
| Minimum Deposit | $50 | $500 |
| Spreads | From 0.8 pips | From 0.0 pips |
| Commission | None | $7 per lot |
| Tradable Instruments | Forex, Commodities, Indices, Cryptocurrencies | Forex, Commodities, Indices, Cryptocurrencies |
| Trading Platforms | Mitrade WebTrader, Mitrade Mobile App | Mitrade WebTrader, Mitrade Mobile App |
| Leverage | Up to 1:200 | Up to 1:200 |
| Order Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available |
| Hedging Margin | 50% | 50% |
| Margin Call Level | 80% | 80% |
| Stop-Out Level | 50% | 50% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 100 lots | 100 lots |
| Maximum Number of Positions | No limit | No limit |
“`
Relevant Navigation
Interactive Brokers is a leading online trading solutions provider for traders, investors, and advisors. It offers direct global access to stocks, options, futures, currencies, bonds, and funds. The platform is known for its transparent, low commissions and financing rates, and support for best execution.
