Mitarde as a Forex and CFD trading company offers its clients more than 400 financial products to trade including Forex, Indices, Commodities, Shares, and more. The broker was founded in Melbourne, Australia, and is authorized and regulated by the Australian ASIC. In addition, Mitrade carries CIMA (Cayman Islands) and FSC (Mauritius) licenses too. The company has also supportive offices across 7 countries.
Mitrade Pros and Cons
Mitrade is a fully regulated broker that is well-regarded in the industry. Our research shows that the broker offers competitive trading costs and spreads, with no commissions charged to traders. Furthermore, we found that Mitrade provides flexible leverage trading options, due to its compliance with three different entities. Overall, Mitrade appears to be a reliable and cost-effective platform that traders can consider using.
For the cons, the trading conditions might vary based on the entity and its applicable regulatory standards, and there is no 24/7 customer support.
In terms of funding methods, Mitrade offers the following payment methods:
Mitrade Minimum Deposit:
There is no requirement for a minimum deposit with Mitrade. However, our research indicates that many brokers prefer starting with an initial amount of $100.