Mitrade Review 2026: Regulation, Fees, Platform and Trading Conditions

Mitrade Review: Our Verdict

*For the purpose of this review, we have used an Australian account.

Mitrade is a multi-asset CFD trading platform that may suit day traders, swing traders and other short-term CFD traders who want a straightforward proprietary platform rather than MetaTrader. Its main strengths are cross-device access, multiple global CFD markets and integrated research and trading tools.

The platform is available through web, desktop and mobile applications. It brings charting, market news, analysis, an economic calendar, education and risk management tools into the same trading environment. This gives traders access to market context without requiring them to leave the platform.The broker operates through several regulated entities. According to Mitrade's current legal disclosures, these include entities regulated by the Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Cayman Islands Monetary Authority (CIMA), Mauritius Financial Services Commission (FSC), South Africa's Financial Sector Conduct Authority (FSCA) and the UAE Capital Markets Authority (CMA).

Mitrade states that supported products have no standard trading commission. Trading costs generally come from floating spreads and overnight funding charges, while other fees may apply. Under some entity-specific agreements, dormant accounts may incur a USD 10 monthly fee after more than six months without trading activity or open positions.

The main point for prospective clients is that Mitrade's available trading conditions can depend on the entity, country and account type. Leverage limits, client protections and available products can vary by jurisdiction.

Review Method

This Mitrade review is based on desk research using information published on Mitrade's official website and verified by FM Intelligence. For the purpose of this review, we have used an Australian account.

Where a trading condition or service is mentioned in this review, it is based on information available from Mitrade at the time of research unless otherwise stated.

Mitrade Review: Key Takeaways

• Best for: Traders seeking all-in-one access to global CFD markets through a proprietary app offering educational resources, market insights, news, analysis, and an economic calendar.
• Less suitable for: Traders who specifically want MetaTrader 4, MetaTrader 5 or confirmed third-party API access.
• Regulation: Mitrade operates through multiple entities regulated by ASIC, CySEC, CIMA, FSC, FSCA and the UAE’ CMA.
• Trading costs: Mitrade states that standard commissions are not charged, with trading costs mainly coming from floating spreads and overnight funding.
• Markets: Mitrade offers access to Forex, commodities, indices, shares and ETFs, with product availability varying by jurisdiction.
• Platforms: Proprietary web, desktop and mobile trading platforms.
• Minimum trade size: Mitrade states that trades can start from 0.01 lots of supported products.
• Account inactivity: A USD 10 monthly dormancy fee may apply after six months of inactivity in some regions, excluding Australia.
• Main trade-off: Mitrade offers its own multi-device platform, but traders looking for MT4, MT5 or third-party trading software may prefer other options.

What is Mitrade?

Mitrade is a financial technology and CFD trading brand with operations through multiple regulated entities.

According to Mitrade, its history began in Melbourne, Australia, with the group stating that its legacy dates back to 2011. The company currently operates through entities in several jurisdictions.

Mitrade provides trading access through over-the-counter derivatives rather than direct ownership of the underlying assets.

This means that when trading CFDs through Mitrade, traders generally take shorter-term positions based on price movements and market volatility rather than purchasing and holding the underlying share, currency, commodity or index. Mitrade states that its services are execution-only and that it acts as principal in transactions.

The broker provides access to 1,000+ CFD instruments including:

• Forex
• Commodities
• Indices
• Shares
• ETFs

Product availability may vary depending on the country and legal entity serving the client.

Mitrade at a Glance

Trading conditions and product availability may vary by jurisdiction and legal entity.

Is Mitrade Regulated?

Yes, Mitrade operates through multiple regulated entities.

According to Mitrade's legal disclosures, the brand operates through several companies.

Mitrade's legal entity is important because the regulatory protections available to a trader may depend on the entity serving their account.

For example, Mitrade EU Ltd is authorised and regulated by CySEC as a Cyprus Investment Firm under licence number 438/23.

What Does This Mean for Traders?

The existence of multiple regulated entities does not mean that every client receives the same trading conditions or protections.

Before opening an account, traders should confirm:

• The legal entity serving their account
• The regulator responsible for that entity
• The maximum leverage available
• Negative balance protection terms
• Client fund protection arrangements
• Available complaint proceduresCountry-specific product restrictions

This is particularly important for CFD trading because leverage limits can vary significantly between regulated jurisdictions.

Is Mitrade Legit?

Yes. Mitrade operates through multiple companies that the broker states are authorised or regulated in several jurisdictions, including Australia, Cyprus, the Cayman Islands, Mauritius, South Africa and the UAE.

However, whether Mitrade is suitable for an individual trader is a separate question.

Traders should check:

1. Which Mitrade entity will hold their account.
2. Whether Mitrade accepts clients from their country.
3. Which products and leverage limits apply.
4. The current terms for deposits and withdrawals.
5. The legal documents that apply to their account.

Mitrade also warns that CFD trading involves substantial risk and that traders do not own the underlying assets.

Mitrade Account Types

Mitrade's account structure can vary depending on the jurisdiction and the products available to the trader.

For some regions such as Australia, Mitrade offers a Professional account alongside a Standard account.

The broker's current professional account information shows differences in leverage and additional services between Standard and Pro accounts. Eligibility for professional status may be subject to regional requirements and approval.

Mitrade Standard and Pro Accounts

The exact leverage available depends on the applicable account and region.

What Does This Mean for Traders?

For retail clients, leverage is often limited by the rules of the regulator responsible for their account.

Professional accounts may provide higher leverage, but professional status can involve different eligibility requirements and may affect the protections available to the trader.

Higher leverage can reduce the amount of capital required to open a position, but it can also increase potential losses.

Does Mitrade Have a Minimum Deposit?

The minimum deposit is AUD 100 in Australia, and from USD 50 in other regions. The Pro Account is not defined by a higher deposit tier, but by investor classification. Available payment methods and practical funding requirements can vary by region and payment provider.

For this reason, traders should check the deposit section inside their account before funding it.

A minimum deposit policy should not be confused with the minimum trade size. Mitrade states that the minimum size per trade can be as low as 0.01 lots for supported products.

Mitrade Fees and Trading Costs

What Does Mitrade Cost?

Mitrade states that its main trading costs are:

• Buy-sell spreads
• Overnight funding charges
• Possible third-party payment charges
• Dormancy fees

Mitrade states that it does not charge standard trading commissions on supported products.

Mitrade Spreads

Mitrade uses floating spreads.

This means the difference between the buy and sell price can change depending on the product and market conditions.

Mitrade states that traders can check current spreads directly on the product quotation page or inside the trading platform.

Important Point About Spread Comparisons

Because Mitrade uses floating spreads, it is difficult to give one permanent spread figure for every market.

When comparing Mitrade with another broker, traders should compare:

• The same instrument
• The same account type
• Similar market conditions
• Spread data from the same period
• Commission costs
• Overnight funding

A broker advertising "zero commission" does not necessarily mean that trading is free because the spread remains an important trading cost.

Overnight Funding Fees

Mitrade states that overnight funding fees may apply when a position remains open past the settlement time.

The applicable rate can be viewed through the product quotation page or trading platform.

Overnight funding can become an important cost for traders who:

• Hold CFD positions for several days
• Trade frequently with leveraged positions
• Use longer-term trading strategies

Shorter-term traders may focus more heavily on spreads, while traders holding positions overnight should also review financing costs.

Mitrade Deposit and Withdrawal Fees

Mitrade states that deposits and withdrawals are generally free in most cases, although third-party charges may apply.

Possible third-party costs can include:

• Intermediary bank fees
• International card transaction fees
• Bank transfer fees
• Currency conversion charges

The exact costs can depend on the payment method and the country where the client is located.

Mitrade Dormancy Fee

Mitrade states that an account can be classified as dormant if there has been no trading activity or open position for more than six months.

The broker states that dormant accounts may be charged in certain regions, excluding Australia

USD 10 per month

The fee may continue until the account balance reaches zero or the account is no longer classified as dormant.

Traders who do not plan to trade regularly should take this into account before opening and funding an account.

Mitrade Trading Platform

One of the main points in this Mitrade review is the broker's proprietary trading platform.

Mitrade provides access through:

• Web trading
• iOS mobile app
• Android mobile app
• Windows desktop application
• macOS desktop application

Platform Features

According to Mitrade, its platform includes:

• TradingView charts
• 150 built-in indicators
• Academy trading courses
• Trading analysis
• Sentiment
• Economic calendar
• Market news
• Risk management tools
• Stop Loss
• Trailing Stop
• Timed Close
• Price notifications

Does Mitrade Offer MetaTrader 4 or MetaTrader 5?

Mitrade's current official platform information focuses on its proprietary trading software rather than MetaTrader 4 or MetaTrader 5.

This could be a positive or negative depending on the trader.

Mitrade May Suit Traders Who:

• Prefer a user-friendly proprietary platform
• Trade short-term movements or volatility Want web and mobile access
• Want trading and market tools in one platform
• Do not depend on MetaTrader indicators or Expert Advisors

Mitrade May Be Less Suitable For:

• Traders who specifically require MT4/5
• Traders using existing MetaTrader Expert Advisors
• Traders requiring confirmed third-party API access

What Can You Trade With Mitrade?

Mitrade provides access to over 1,000 CFDs globally. This range of instruments continues to expand to reflect market demands.

These include:

• Forex
• Commodities
• Cryptocurrencies
• Indices
• Shares
• ETFs

The exact product range and leverage for each instrument can vary depending on the country and legal entity.

Forex

Mitrade offers CFD access to 65+ major and minor currency pairs, with leverage of up to 1:200, subject to the applicable jurisdiction and account terms. Major currency pairs include:

• EUR/USD (EURUSD)
• GBP/USD (GBPUSD)
• USD/JPY (USDJPY)
• USD/CHF (USDCHF)
• USD/CAD (USDCAD)

Minor currency pairs include:

• EUR/GBP (EURGBP)
• EUR/JPY (EURJPY)
• GBP/JPY (GBPJPY)
• EUR/AUD (EURAUD)
• AUD/JPY (AUDJPY)

Commodities

Mitrade offers CFDs on 27 commodities, including popular markets such as:

• Gold (XAUUSD)
• Micro Gold (XAUUSD-M)
• Silver (XAGUSD)
• Oil — Brent (UKOIL), WTI (USOIL)
• Soybean (SOYBEAN-F)
• Aluminium (ALUMINIUM)

Available instruments can vary.

Indices

Mitrade offers CFDs on a range of global stock market indices, including popular markets such as:

• S&P 500 (US500)
• Nasdaq 100 (NAS100)
• Dow Jones Industrial Average (US30)
• DAX 40 (GER40)
• FTSE 100 (UK100)
• Nikkei 225 (JPN225)
• S&P/ASX 200 (AUS200)
• Hang Seng Index (HK50)
• EURO STOXX 50 (EU50)
• CAC 40 (FR40)
• IBEX 35 (ES35)
• FTSE MIB (IT40)

Shares

Mitrade offers CFDs on 62 shares, including well-known global companies such as:

• Apple (AAPL-T)
• Microsoft (MSFT-T)
• NVIDIA (NVDA-T)
• Amazon (AMZN-T)
• Tesla (TSLA-T)
• Meta Platforms (META-T)
• Samsung Electronics (SAMSUNG-T)
• Taiwan Semiconductor Manufacturing Company (TSM-T)
• Alibaba (BABA-T)

ETFs

Mitrade offers CFDs on more than 60 ETFs, covering broad market indices, industry sectors, bonds, commodities, thematic investments and regional markets. Popular ETFs include:

• SPDR S&P 500 ETF Trust (SPY)
• Invesco QQQ Trust (QQQ)
• Vanguard Total Stock Market ETF (VTI)
• iShares Russell 2000 ETF (IWM)
• ARK Innovation ETF (ARKK)
• iShares Core U.S. Aggregate Bond ETF (AGG)
• Technology Select Sector SPDR Fund (XLK)
• ProShares Bitcoin Strategy ETF (BITO)

Cryptocurrencies

Mitrade offers CFDs on 60 cryptocurrency instruments, covering both crypto-to-fiat and crypto-to-crypto markets. Popular markets include:

• Bitcoin/Euro (BTCEUR)
• Bitcoin/Japanese Yen (BTCJPY)
• Ether/Japanese Yen (ETHJPY)
• Ether/Bitcoin (ETHBTC)
• Solana/Bitcoin (SOLBTC)
• Bitcoin Cash/US Dollar (BCHUSD)
• Sui/US Dollar (SUIUSD)
• Render/US Dollar (RENDERUSD)

Mitrade Leverage

The leverage available through Mitrade depends on:

• The legal entity serving the client
• Account type
• Financial instrument
• Regulatory requirements.

*Mitrade offers Professional accounts in selected regions such as Australia. The Pro account gives traders access to higher leverage, uncapped monthly rebates, a dedicated account manager and exclusive deposit rewards.

Example of Leverage Differences

Mitrade currently lists different leverage levels across asset classes for its Professional account.

These figures may not apply to every client or jurisdiction.

For European Union clients, open an account here.
For non-European clients, open an account here.

Risk Management Tools

Mitrade provides several tools designed to help traders manage their exposure, including:

• Stop Loss
• Trailing Stop
• Timed Close

These tools may help manage trading risk but cannot eliminate it, particularly during periods of high volatility or market gaps.

Although segregated client funds and negative balance protection are mandated under some regulatory frameworks, Mitrade states that it provides both safeguards to all clients, including where they are not locally required. Client funds are kept separate from the company’s operational funds and held with established banks.

Mitrade also voluntarily maintains insolvency insurance as an additional layer of protection for clients whose accounts are held under its CIMA-, FSCA- or CySEC-regulated entities. The insurance is provided automatically at no additional cost. In the event of insolvency, eligible clients may be covered under an aggregate policy limit of up to EUR 1 million, AUD 1 million or USD 1 million, depending on the applicable region and policy.

Traders should review the legal documents and protection arrangements applying to the specific Mitrade entity that holds their account.

Mitrade Deposits and Withdrawals

Mitrade lists several payment methods on its website.

These include:

• Visa
• ApplePay
• GooglePay
• Mastercard
• PayID
• Skrill
• Neteller
• Bank transfer

The payment methods available may depend on the trader's country or region.

Mitrade also states that some deposits can be processed quickly, although actual processing times may vary depending on the bank and payment provider.

What We Did Not Test

We did not independently make a deposit or request a withdrawal for this review.

For this reason, payment processing information in this review should be treated as company-stated information rather than independently tested results.

Traders should check:

• Available payment methods
• Deposit limits
• Withdrawal limits
• Processing times
• Possible third-party fees
• Currency conversion charges

before funding their account.

Mitrade Customer Support

Mitrade states that its online customer support is available 24 hours a day, five days a week. Support is offered in 12 languages: Simplified Chinese, Traditional Chinese, English, Thai, Vietnamese, Korean, Indonesian, Malay, Spanish, German, Italian and Arabic.

Separately, the Mitrade platform is available in 16 languages, including Hindi, Polish and regional versions of Portuguese.

The company reports a customer-service response time of approximately 60 seconds and a customer satisfaction rate of 86%.

Email: cs@mitrade.com

Regional contact details and service availability may vary according to the Mitrade entity serving the client. We did not independently test its response times or satisfaction rate for this review.

Mitrade Education and Market Tools

The availability of Mitrade’s research, educational and platform features varies by region and account entity.

Mitrade offers a range of market research and educational resources through its website and proprietary trading platform. These include:

• Academy trading courses (selected regions)
• General trading education
• Market news
• Economic calendar
• Market analysis and trading insights (selected regions)
• Market sentiment and forecasts
• Risk management education
• Seasonal e-books covering trending topics
• MitradeGPT (selected regions)

MitradeGPT is integrated into the platform’s news section. It summarises market coverage, groups related stories and categorises news sentiment as bullish, bearish or neutral, helping traders follow developments relevant to the instruments they monitor.

The broker also provides advanced TradingView charting tools within its platform. Its educational offering has received several industry recognitions.

By bringing education, news, analysis and trading tools into the same ecosystem, Mitrade gives traders convenient access to market context without requiring them to leave the platform’s ecosystem. Educational materials, forecasts and AI summarised resources are provided for informational purposes and should not be considered financial advice.

Who is Mitrade Best For?

Based on the information reviewed, Mitrade may suit:

• Novice and seasoned traders looking for a straightforward proprietary platform
• Traders who find MetaTrader too complex to use
• Traders who want web, desktop and mobile access
• Day traders, swing traders and other short-term traders focused on market volatility
• Traders seeking flexible leverage and commission-free trading where available
• Traders who want convenient access to global CFD markets through one platform
• Traders who value integrated market news, education and trading tools

Who May Want to Consider Other Options?

Mitrade may be less suitable for:

• Traders who specifically require MetaTrader 4
• Traders who specifically require MetaTrader 5
• Traders who rely on MetaTrader Expert Advisors
• Traders requiring confirmed FIX API access
• Traders who do copy trading
• Traders who want direct ownership of underlying shares or ETFs rather than CFDs
• Traders who want the same leverage and conditions globally
• Long-term CFD traders who want to avoid overnight financing costs

Mitrade Pros and Cons

How Does Mitrade Compare With Other Brokers?

A direct comparison between Mitrade and another broker should use the same criteria.

These include:

• The legal entity serving the trader
• Regulatory protections
• Maximum leverage
• Average or typical spreads
• Trading commissions
• Overnight funding costs
• Platform availability
• MetaTrader availability
• Product range
• Minimum trade size
• Deposit and withdrawal methods
• Dormancy fees
• Customer support
• Risk management tools

The Main Difference to Consider

Mitrade's biggest difference from many traditional Forex brokers is its proprietary trading ecosystem.

Traders who prefer MT4 or MT5 may find another broker more suitable.

However, traders looking for an integrated proprietary platform with web, desktop and mobile access may prefer Mitrade's approach.

Mitrade Review: Final Verdict

Mitrade is a multi-asset CFD trading platform operating through several regulated entities across different jurisdictions.

Its main strengths include its proprietary multi-device trading platform, access to several global CFD markets, integrated market tools and a commission-free pricing model on supported products.

The broker's regulatory structure is also an important factor. Mitrade states that it operates through entities regulated by ASIC, CySEC, CIMA, FSC, FSCA and the UAE’s CMA. However, traders should understand that the entity serving their account will determine the specific conditions and protections available to them.

The biggest consideration is the platform.

Mitrade may be a good fit for traders who want a proprietary trading environment with integrated charts, news, market information and risk management tools. It may be less suitable for traders who specifically require MetaTrader 4, MetaTrader 5, Expert Advisors or external trading technology.

Mitrade's stated zero-commission model should also be considered alongside floating spreads, overnight funding and potential dormancy fees.

Before opening an account, prospective clients should confirm:

• Which Mitrade legal entity will serve them
• The regulator responsible for their account
• Available leverage
• Current spreads
• Overnight funding rates
• Payment methods
• Withdrawal conditions
• Applicable client protections

CFDs involve significant risk and are not suitable for every trader.

Mitrade Review FAQs

What is Mitrade?

Mitrade is a multi-asset, award-winning CFD trading platform providing access to 1,000 CFD instruments, including Forex, commodities, indices, shares, cryptocurrencies and ETFs through its proprietary web, desktop and mobile platforms.

Is Mitrade regulated?

Mitrade operates through multiple entities regulated or authorised by It operates under top-tier financial regulators—Australia's ASIC (AFSL398528), Cyprus' CySEC (CIF438/23), UAE’s CMA (License No. 20200000397), Cayman Islands' CIMA (SIB1612446), South Africa's FSCA (54842) , and Mauritius's FSC (GB20025791). The entity serving a trader's account may depend on their residency location.

Is Mitrade legit?

Yes, Mitrade operates through multiple regulated entities. However, traders should independently confirm which legal entity will serve their account and review the applicable terms before depositing funds.

Does Mitrade charge commission?

Mitrade does not charge any commission. Its main trading costs include floating spreads and overnight funding charges.

Does Mitrade charge an inactivity fee?

Yes. Mitrade states that accounts with no trading activity or open positions for more than six months may be charged a USD 10 monthly dormancy fee. This applies only to certain regions outside of Australia.

What trading platforms does Mitrade offer?

Mitrade offers a proprietary web platform, mobile applications and desktop applications for Windows and macOS.

Does Mitrade offer MetaTrader 4?

Mitrade's current official platform information focuses on its proprietary trading platform rather than MetaTrader 4.

Does Mitrade offer MetaTrader 5?

Mitrade's current official platform information focuses on its proprietary trading platform rather than MetaTrader 5.

What can I trade with Mitrade?

Depending on your region and available products, Mitrade provides CFD access to markets including Forex, commodities, indices, cryptocurrencies, shares and ETFs.

What is the minimum trade size on Mitrade?

Mitrade states that the minimum trade size can be as low as 0.01 lots on supported products.

Does Mitrade have a minimum deposit?

The minimum deposit is AUD 100 in Australia, and from USD 50 in other regions. The Pro Account is not defined by a higher deposit tier, but by investor classification.

What payment methods does Mitrade support?

Mitrade lists payment methods including Visa, Mastercard, PayID, Skrill, Neteller, ApplePay, GooglePay and bank transfer. Availability may vary by country or region. Charges may apply according to payment provider.

Sources used for this review:

• Mitrade official website
• Mitrade legal documents and disclosures
• Mitrade regulation and company information
• Mitrade fees and charges
• Mitrade deposit and withdrawal information
• Mitrade trading platform information

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.