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mxtrade Forex Broker Reviews

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

Location: Malta

Established in 2015

USA traders: not accepted

Regulation: no

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

Scalping: allowed

Hedging: 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.