Forex Broker

Mitrade

Mitrade is a financial technology company that adheres to strict regulatory standards, committed to providing investors with a simple and convenient trading experience.

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Basic 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

  1. 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.
  2. 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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