Mitrade Pro

If you are looking for higher leverage for your trades and more exclusive services, Mitrade Pro Account is here to meet your trading needs.

Join us now by applying for Mitrade Pro

Why Mitrade Pro?

Get Higher Leverage
Trade world markets including forex and indices with up to 1:200 leverage
Stay Ahead of Regulatory Change
Trade with most of the existing conditions even under ASIC’s latest regulations
Benefit from Our Dedicated Service
Our professional multilingual customer service specialists are here to answer all the questions you might have

Things you should be aware of by upgrading to Pro

With Mitrade's Pro account, your funds will still be held in a segregated account and you will be eligible for negative balance protections.
You will also be trading without ASIC's imposed leverage restrictions.

However, you will forfeit the following protections as Pro account holder:

1. The provision of aProduct Disclosure Statement(PDS),Financial Services Guide(FSG) or any other relevant documents that Mitrade will typically provide to retail clients.2. The protections afforded under ASIC’s PIO measures for CFDs, including leverage restrictions.3. AFCA’s dispute resolution scheme for recourse.

Mitrade Pro account holders are classified as wholesale clients.

Please also consider ourClient Classification Notice,Wholesale Client Information StatementandWholesale Client Agreement.

Mitrade Pro VS Our Standard Account

Leverage (up to) and other account spec.	Standard Account (From 29th Mar 2021 onwards)	Mitrade Pro
Forex	Major Pairs* 1:30, 1:20, 1:10, 1:1 Minor Pairs** 1:20, 1:10, 1:1	1:200, 1:100, 1:50, 1:30, 1:1
Indices	Major Indices^ 1:20, 1:10, 1:5, 1:1 Minor Indices^^ 1:10, 1:5, 1:1	1:200, 1:100 1:50, 1:20, 1:1
Gold	1:20, 1:10, 1:5, 1:1	1:200, 1:100, 1:50, 1:30, 1:1
Commodities (other than gold)	1:10,1:5,1:1	1:200, 1:100 1:50, 1:20, 1:1
Shares	1:5, 1:2, 1:1	1:10, 1:5, 1:2, 1:1
Cryptocurrencies	1:2 ,1:1	1:10, 1:5, 1:2, 1:1
Exclusive Market Analysis
Professional TradingView Charts
Free Economic Calendar & News
Negative Balance Protection
Trailing Stop Loss
Product Disclosure Statement & Financial Services Guide		-
Recourse To AFCA		-

*
Major Pairs: a pair of currencies that consists of any two of the following: AUD, GBP, CAD, EUR, JPY, CHF and USD
**
Minor Pairs: any pair that is not Major Pair
^
Major Indices: AUD, FR40, GER40, US30, EU50, UK100, NAS100, JPN225, US500 and AUS200
^^
Minor Indices: a stock market index that is not a major stock market index.

How to Apply for Mitrade Pro?

To be eligible for a Mitrade Pro account, you need to meet the 'wholesale client' eligibility criteria under the Corporations Act 2001. you must meet the criteria of one of the two eligibility tests below:

Eligibility Criteria

Wealth Test	Sophisticated Investor Test
Criteria 1 Clients have net assets of at least AUD 2.5 million, as certified by a qualified accountant	Criteria 1 Pass the Sophisticated Investor knowledge quiz
OR	And
Criteria 2 Clients have Gross Income for each of the last two financial years of at least AUD 250,000 per annum, as certified by a Qualified Accountant	Criteria 2 Demonstrate your trading experience by: Having traded Margin FX or CFDs 20 times a quarter for at least 4 quarters over any of the previous 3 years with a notional value of AUD 500,000 or more in each of those 4 quarters. Clients can demonstrate this experience from either their Mitrade account, another provider or a combination of both
	OR
	You have at least 12 months experience in a professional capacity in the financial service sector and which requires direct knowledge of leveraged trading (or FX or CFDs)

i. Net assets refer to the total worth of assets such as your property, car, savings, shares and other investments.

Get Started in 3 Steps

Sign up for a live account on Mitrade
Apply to Upgrade to Pro by contactingcs.au@mitrade.com
Application approved – Begin your professional trading journey with us

If you already have a live account on Mitrade, your eligibility will be reviewed when our customer service specialists has received a copy of accountant certificate(wealth test) or necessary proof(sophisticated investor test)