Overview of Mitrade

Mitrade (also known as MiTrader) is a global Forex and CFD broker headquartered in Melbourne, Australia. It operates under Mitrade Global Pty Ltd and is regulated by reputable authorities such as ASIC (Australia) and CIMA (Cayman Islands).

1. Trading Platforms:

Instead of MT4/MT5, Mitrade offers its proprietary trading platform:

WebTrader (browser-based)

Mitrade Mobile App (iOS & Android)

Client Portal for account management

2. Trading Instruments:

Forex: 60+ currency pairs

Indices: SP500, NAS100, US30, UK100

Commodities: Gold, Silver, Oil, Coffee

Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple

3. Accounts & Trading Conditions:

Standard account

Spreads from 0.6 pip

Maximum leverage: 1:200 (International), 1:30 (AU & EU)

Minimum deposit: USD 50

Funding methods: Visa/MasterCard, Bank transfer, E-wallets, USDT

4. Customer Support:

Available 24/5 via Live Chat, Email, Contact Form

Supports 12+ languages (English, Chinese, Vietnamese, Spanish, Arabic, Thai, etc.)

Trustpilot rating: 4.7/5 with over 80% positive feedback

✅ Pros:

• Strong regulation (ASIC, CIMA)

• Proprietary, beginner-friendly platform

• Wide range of trading instruments

• Fast deposits/withdrawals with low fees

❌ Cons:

• No MT4/MT5 support → fewer advanced tools

• No 24/7 customer support