MXTrade

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Broker Boneyard

ABOUT MXTRADE

MXTrade is one of the leading Forex brokers and a brand owned and operated by Grizzly Limited, a financial services company. MXTrade offers traders’ reliable online trading services and serves both retail and institutional clients from over 140 countries worldwide. MXTrade utilizes the most popular and developed trading technologies in the industry and provides robust and reliable Online Forex Trading.

The MXTrade brokerage was founded by a group of financial professionals with over 50 years of experience in the Forex Industry. MXTrade strives to ensure that clients of all levels are offered the best trading conditions and the best support from our dedicated Account Managers to ensure they achieve Forex trading success.

Brokerage Info:
Legal Name: MXTrade
Operational Since: 2015
Domiciled Country: Belize
Headquarters City: Belize City
International Offices: n/a
Regulation: IFSC
Monthly Volume In USD: Undisclosed
Number Of Liquidity Providers: Undisclosed
Managed Account Services: No
Markets/Instraments: Forex, Metals, CFDs
Parent/Subsidiary/Affiliations: MXTrade is a brand owned and operated by Grizzly Limited

Account Parameters:
Broker Type: ECN/STP
Account Types: BEGINNER SILVER GOLD PLATINUM
MAM/PAMM Accounts: No
Min. Deposit: $250/$5k/$20k/$100k
Minimum lot size: 0.01
Max Leverage: Up to 1:400 / 1:100/ 1:100 / 1:100
Spread type: Variable & Fixed
Execution Type: Market
Payment options: Swift, Skrill, Visa, MasterCard, Neteller, Western Union, WebMoney, Money Gram, Yandex money, Union Pay, CashU, paysafecard, Alipay
Withdrawal options: Same as Deposit
Accept US clients: No

Trading Features:
Currency Pairs Total: 50+
Trading platforms: MT4, MT4 WebTrader, AFX Fast
Commission Fees: 0 tp 3.0
News Trading: No
Mirror/Social Trading: No
Scalping: No
Hedging: Yes
Expert Advisors: Yes
Swap Free: Yes
API support: No
OCO Orders: No

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.