Mitrade Review 2026

Trust

Mitrade Regulators

When reviewing a broker, we examine how each of its entities is regulated and assess how effectively they protect clients. We use a three-tier system to rank regulatory bodies, with Tier-1 being the most trusted and offering the highest level of protection.

This is what I discovered about the five entities operating under the Mitrade trade name:

• Mitrade EU Limited is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 438/23 and operates in accordance with the EU regulatory framework, including MiFID II. We rate CySEC as a Tier-1 regulator.
• Mitrade Global Pty Ltd is licensed and regulated by the Australian Securities and Investments Commission (ASIC) under license number 398528. We rate ASIC as a Tier-1 regulator.
• Mitrade Markets Pty Ltd is licensed and regulated by the Financial Services Conduct Authority (FSCA) of South Africa under license number 54842. We rate the FSCA as a Tier-2 regulator.
• Mitrade International Ltd is licensed and regulated by the Financial Services Commission (FSC) of Mauritius under license number GB20025791. We rate the FSC as a Tier-3 regulator.
• Mitrade Holding Ltd is licensed and regulated by the Cayman Islands Monetary Authority (CIMA) under license number 1612446. We rate CIMA as a Tier-3 regulator.

How Does Mitrade Protect You?

Most brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand how they are protected under the entity with which they open an account.

Here is how Mitrade International Ltd protects you:

✅ Segregated Accounts – Client funds are kept separate from the company’s own capital.

✅ Negative Balance Protection – Your losses cannot exceed your invested capital.

✅Compensation Scheme – In the unlikely event of insolvency, you will be compensated by up to $1 million under Mitrade’s Excess of Loss policy underwritten by Lloyds.

To learn more about the most important safety mechanisms and how they apply to you, check our dedicated guide on client protections.

Stability and Transparency

We also assess a broker’s stability and transparency. This includes how long the company has been in business, its size, and how openly it shares information about its business and services.

I reviewed Mitrade’s brand profile on its websites and LinkedIn page and learned that it has been operating for 15 years, has 6 offices worldwide, and employs over 300 professionals. These numbers speak to Mitrade’s longevity and stability.

I also reviewed Mitrade’s legal documents, including its client agreement, various risk disclosures, and conflict-resolution policies. I confirmed that all crucial information was readily available and presented in an easy-to-understand format.

When evaluating a broker’s transparency and trustworthiness, we focus solely on its client protections and best practices. We do not own stock in Mitrade or any other broker we review, nor have any financial interest in the company. Brokers do not influence our ranking process, and I personally do not receive an affiliate commission for the reviews.

Is Mitrade Safe?

I concluded that Mitrade is a legit broker due to the following factors:

• Authorized by multiple regulators.
• Keeps client funds separate from its own capital.
• Guarantees with negative balance protection.
• Has issued an Excess of Loss policy.
• Maintains transparent websites and legal documents.

Fees

Mitrade Trading Fees

Mitrade Spreads

I tested Mitrade’s spreads on 5 January 2026 during the London and New York opens. I used the broker’s Standard account, opened with Mitrade International Ltd. The results are shown in the table below:

I was most impressed by the 0.5-pip EURUSD spread, which consistently beat the industry benchmark during the London and New York opens. The GBPJPY spread was also lower than the average. That is why I can recommend Mitrade to forex traders.

The Germany 40 spread performed quite well during the two market opens, while the crude oil fluctuated much closer to the industry average. However, I recorded high spreads on Tesla and Bitcoin.

Note that the spreads can widen depending on market conditions and volatility.

Mitrade Swaps

A swap fee is the cost of keeping a trade open overnight, and it’s tied to the difference in interest rates between the two currencies in a pair. If you’re holding a buy (long) position, you may either pay or earn interest depending on the rates—this is called a swap long. The same applies to a sell (short) position, where the overnight charge or credit is called a swap short.

The values listed below are for one full base currency contract (100,000 units).

I discovered that Mitrade’s GBPJPY and XAUUSD swaps beat the industry benchmark, while its EURUSD swap was marginally above it.

However, swap rates fluctuate over time in response to changes in interest rates.

Mitrade Cost of Trade

To put Mitrade’s spreads into perspective, I have compiled the table below to show the cost of opening one full contract for each instrument. The table also illustrates how Mitrade’s costs of trade compare to the industry average.

Note that I didn’t include swap fees in the cost of trade, so consider that the total price of positions held overnight could be different.

I found that Mitrade offers very strong pricing on EUR/USD, even cheaper than what you’d typically pay on a raw-spread account once commissions are included. GBP/JPY, Germany 40, and crude oil spreads also came in cheaper than the benchmark.

On the flip side, the total cost to trade Tesla and Bitcoin was well above the industry benchmark. Costs for Apple, gold, and the Dow Jones 30 were also higher than average.

Mitrade Non-Trading Fees

Mitrade does not charge any fees on deposits or withdrawals.

If you stop using your account, Mitrade will charge $10 inactivity fee each month until account activity resumes or the balance drops to zero. After 6 months with no trading activity, the inactivity fee kicks in. It applies only to accounts with a balance.

Note: The inactivity fee applies only to Mitrade International. Traders using Mitrade’s European entity are not charged an inactivity fee.

Are Mitrade’s Fees Competitive?

My live test revealed that Mitrade’s pricing varies by the instrument you trade. While I recorded very competitive spreads on forex, crude oil, and Germany 40, the costs of trading gold, shares, and Bitcoin exceeded the benchmark. I also discovered that Mitrade’s GBPJPY and XAUUSD swaps were kept relatively low, while its EURUSD swap was slightly above the industry benchmark.

On the positive side, Mitrade doesn’t charge commissions, offers free deposits and withdrawals, and applies a relatively low inactivity fee of $10 per month.

Platforms and Tools

Mitrade Desktop

Sleek interface. I used the Mitrade platform for about a week and really liked its streamlined look. I could easily navigate between the orders panel, the watchlist panel, and the charts screen. And on the left-hand side of the window, you will find highly practical tools like the news screener and the traders’ hub.

Integrated market analytics. If you click on the ‘News’ tab and then ‘Strategy’, you will see a list of currently developing trading setups on different assets. Day and news traders can use this feature to track the latest price movements in their favorite instruments, especially ahead of major news releases, and plan their trades accordingly.

Staying in sync with market trends. The platform has also integrated an excellent news screener, which helps you track the latest releases and economic news, ensuring you won’t miss any US Bureau of Labour Statistics employment numbers or any changes in the ECB’s monetary policy.

Detailed Market Descriptions. A neat little tool with great value to novice traders is the Mitrade platform’s informational callouts. Each time you point to a specific asset, an informational bubble appears next to it and informs you of the particular asset – where it is traded, how it relates to the particular industry, etc.

I found this tool very useful because it helps you discover rare and exotic assets and also learn the meaning behind complex tickers. This is especially important in ETF trading, where most assets have long and complex tickers.

Availability & Features

The Mitrade platform works smoothly across all major web browsers and supports 16 languages, including English, Spanish, German, Arabic, and Chinese.

The Mitrade platform’s features include:

• Customizable Watchlists: Save and track your favorite instruments in one place.
• Chart Trading: Place and manage orders directly from the chart, including entry points, volume, stop-loss, and take-profit levels.
• Integrated Analytics: Get market insights and trade ideas as opportunities develop.

Charting & Analysis Tools

The Mitrade platform is equipped with many analytical tools, including:

• 84 built-in technical indicators: From trend-following to oscillators and volume-based tools.
• 50+ drawing tools: Including Fibonacci retracements, Elliott Waves, and more for technical pattern spotting.
• 10 timeframes: From 1-minute to 1-month charts – great for multi-timeframe analysis.
• 9 chart types: Line, bar, and candlestick options let traders view price action in their preferred format.

I liked full-screen charts on the Mitrade platform. So you can see how price action behaves even more clearly and in more detail. I noticed how easy it was to spot the correlation between the price action and the MACD histogram. With this clarity of vision, the Mitrade platform beats older and more rigid platforms like MetaTrader.

Order Types

The Mitrade platform supports three execution modes and covers all the core order types needed by most traders:

• Market Orders: Instant execution at the best available price — ideal for quick entries.
• Limit Orders: Target a specific price level for entry, though execution isn’t guaranteed.
• Stop Orders: Protect open positions with predefined risk levels. Stop-loss orders automatically convert into market orders once triggered.

My Verdict

I enjoyed using the Mitrade platform due to its clean design and detailed charts. I also appreciated the integrated market research and informational bubbles for different assets.

I have checked the platform under strained market conditions, and it handled quite well. I placed several orders in quick succession during the London open on January 6, and they were filled promptly and without a hitch – there was no slippage or requotes.

However, day traders and scalpers might be disappointed by a lack of one-click trading at the Mitrade platform. It also does not support copy and automated trading.

Mitrade Trading App

The Mitrade mobile app features the same high functionality and clean design as its desktop and web versions. It is both easy to navigate and packed with useful tools. The mobile app is also fully integrated with Mitrade’s market research, so you can stay updated about the market events without leaving the app.

My Verdict

The Mitrade mobile app provides you with fast and easy access to your account and keeps you up to date on the latest market developments. You can use the app to place, terminate, or adjust existing orders, as well as manage your account.

Mitrade Execution Model

Mitrade operates as a principal (market maker) to client orders without a dealing desk. The broker fills client orders by trading against the client (selling against buying orders and buying against selling orders).

Tradable Instruments

Mitrade offers a solid lineup of assets covering all major markets. I also liked that some metals, like gold, are available in both USD and EUR, which gives you a bit more flexibility if you want to factor exchange rates into your trading.

What CFDs Can You Trade With Mitrade?

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, the time it takes them to respond to questions, and the level of detail in their answers.

I contacted Mitrade via live chat on January 6 at around 8:00 a.m. CET to ask about the available base currencies. It took roughly an hour to get a response, which is slower than what I’d expect from a broker’s support team.

I contacted them a second time, at about 12:30, and this time an agent connected instantly. They answered my question about Mitrade’s copy trading policy without any issues, but when I asked about automated trading, the agent stopped responding. Overall, I consider Mitrade’s customer support inconsistent.

Deposit and Withdrawal

Note: I did not test the withdrawal speed with real funds.

How Do You Deposit Money with Mitrade

How Do You Withdraw Money with Mitrade

Account Types and Terms

How to Open an Account With Mitrade

To open an account with Mitrade International, I did the following:

1. Clicked ‘Trade Now’ at the top-right corner of the main page.
2. Chose to sign up using my email.
3. Entered my preferred password.
4. Verified my email address.
5. Confirmed my country of residence.
6. Provided the remaining details of my personal and professional background (employment status and financial background).
7. Completed a short test of my trading knowledge.
8. Agreed to Mitrade’s terms and conditions.
9. Provided my tax info.
10. Uploaded proof of ID and proof of address to verify my account.

Mitrade Account Types

I think Mitrade’s standard account is a good fit for most types of traders. You can get started with only $20 and benefit from no commissions and spreads from 0.5 pips.

On the downside, Mitrade offers only USD as a base currency (AUD is also available for clients who registered earlier), so you may end up paying conversion fees for depositing in other currencies, which could be charged by payment processors.

Demo Accounts

Mitrade offers a demo account that lets you explore the trading platform and test your strategies in a risk-free environment using USD/AUD 50,000 (depending on the region) of virtual funds. The Mitrade demo does not expire if your profile is verified and costs you nothing. You can open a demo account before or alongside your live CFD account.

Swap-Free (Islamic) Accounts

Mitrade does not offer Islamic accounts for swap-free trading.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money, allowing them to open larger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.

What Leverage Does Mitrade Offer?

Mitrade offers a relatively high retail leverage of up to 1:200. This means that if you use $1000 as a margin to place a trade on the EURUSD, the trade’s maximum size will be $200,000.

In the table below, I have listed the maximum retail leverage available with Mitrade for instruments from different asset classes:

Mitrade Restricted Countries

Mitrade does not accept clients who are residents of Belgium, the United States, Canada, Japan, or New Zealand. Additionally, Mitrade’s services are not available to any person in any country or jurisdiction where the distribution or use of such services would be contrary to applicable local laws or regulations.

Research

Economic Calendar

Mitrade’s economic calendar provides traders with information on upcoming economic releases and financial news that could move the market and potentially create viable trading opportunities.

Economic Analysis

Mitrade tracks price movements across a wide range of assets, including forex, commodities, and indices. Its economic forecasts add helpful context to price action and offer insight into where an asset may be headed next.

News Screener & Insights

With Mitrade’s news screener, available on both the website and the platform, you can track the latest news from global geopolitics, the stock market, and the broader financial world. This tool provides 360-degree coverage of events that could impact prices.

Forecasts and Sentiment Gauges

Mitrade also includes a solid market sentiment gauge that shows the balance between buying and selling pressure. It helps you see how other traders are positioned and get a clearer sense of where the market might be heading next.

Education

Note: Mitrade’s educational offerings vary by region.

Education Basics

You can find several guidebooks on Mitrade’s website that explain basic trading terms and concepts and introduce first-time traders to the ABCs of technical analysis, fundamental analysis, risk management, and more. I especially liked the supporting graphs that help better illustrate and enhance the clarity of the accompanying text.

Mitrade Academy

The Mitrade Academy* offers nine courses that cover the same topics as its guidebooks but in more depth. These courses break things down more clearly and are especially helpful for beginner and intermediate traders looking to build a stronger foundation.

Educational Insights*

The broker has also published several articles covering more specific topics, such as using Japanese candlesticks and assessing market sentiment. These articles bridge the gap between the introductory guidebooks and the much more detailed courses.

YouTube Videos

Mitrade has also published a few dozen videos on its YouTube channel, explaining how to use its trading platform and app, as well as covering various trading styles.

The Bottom Line

Mitrade is a solid, modern broker that really shines in platform quality, charting, and built-in market analytics. After testing it hands-on, I found the Mitrade platform to be one of the better ones on the market, especially for technical traders who value clean design, TradingView-powered charts, sentiment tools, and actionable trade ideas all in one place.

That said, Mitrade isn’t for everyone. Its pricing is hit-or-miss: forex and Germany 40 spreads are very competitive, but costs on gold, major US stocks, and Bitcoin are noticeably higher than the industry average. The lack of copy trading, automated trading, and alternative platforms may limit some traders. I also experienced delays when contacting customer support.

Overall, I’d recommend Mitrade to technical and high-frequency traders who want a powerful all-in-one platform and don’t rely on EAs or copy trading.