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 |
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