General Features, Location and Regulation of MXTrade Broker
Broker is shut down.
2015 - CySEC warns against unauthorized Forex broker MXTrade
Reviewed broker: MXTrade
Operated by Grizzly Limited
Established in 2015
USA traders: not accepted
Note: MXTrade doesn’t list its physical address and neither the broker, nor Grizzly Limited is regulated by Malta Financial Services Authority (MFSA), which is required by Maltese law.
Trading Platforms and Accounting Types
Trading instruments: forex, commodities, CFDs
No dealing desk execution: yes
Expert advisors: allowed
Negative balance protection: yes
Spreads start from 2 pips
Account types: beginner, silver, gold, platinum
Maximum leverage up to 1:400
Minimum trade size: 0.01
Spread types: floating, fixed
Trading platforms: Metatrader 4, Webtrader
Demo account: yes, limited to 15 days
VPS hosting: available
One click trading: yes
Automated trading: available
Currency pairs: 52
Payment Methods for Deposit and Withdrawals
Minimum deposit requirement: $250
Payment methods: Skrill, credit cards, Neteller, Western Union, WebMoney, MoneyGram, YandexMoney CashU, Alipay
Promotions: Apple watch give away
Customer Support and Educational Material for Beginners
Customer Support: phone, call back form, email, online chat, skype
How was the rating of MXTrade performed compared to other brokers?
This 2018 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on MX trade broker performance and features.
Overall our online MXTrade review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online MX Trade or you find inaccurate details Mxtrade broker review please get in touch with us and the changes will be applied.