Trade world markets including forex and indices with up to 1:200 leverage
Trade with most of the existing conditions even under ASIC’s latest regulations
Our professional multilingual customer service specialists are here to answer all the questions you might have
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 a Product 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 our Client Classification Notice , Wholesale Client Information Statement and Wholesale Client Agreement .
| Leverage (up to) and other account spec. |
Standard Account (From 29th Mar 2021 onwards) |
Mitrade Pro |
|---|---|---|
| Forex |
Major Pairs* Minor Pairs** |
1:200, 1:100, 1:50, 1:30, 1:1 |
| Indices |
Major Indices^ Minor Indices^^ |
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: FR40, GER40, US30, EU50, UK100, NAS100, JPN225, US500 and AUS200
Minor Indices: a stock market index that is not a major stock market index.
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:
i. Net assets refer to the total worth of assets such as your property, car, savings, shares and other investments.
Sign up for a live account on Mitrade
Apply to Upgrade to Pro by contacting cs.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 have received a copy of accountant certificate(wealth test) or necessary proof(sophisticated investor test)
A mitrade Standard account is an account for retail clients. A Mitrade Pro account is for wholesale clients. Everyone is a retail client unless they satisfy one of the requirements to be categorised as a wholesale client under the Corporations Act 2001. Wholesale clients have different trading conditions compared with retail clients. For more details, please refer to the 【Mitrade Pro website】 to see the differences.
To be eligible for a Mitrade Pro account, you must meet one of the following requirements.
| 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) |
There is nothing to worry about if you are not eligible for Mitrade Pro. You can continue to trade on our Standard account which gives you access to the same trading platform, same set of risk management tools as well as quality support from our customer service team.
Please check you eligibility for Mitrade Pro and apply 【here】 . You need to submit your application and provide us with documents and information to verify your eligibility.
Upgrading to Mitrade Pro is completely free of charge.
If you don’t already have a Mitrade account, you will need to:
1. Sign up for a live account
2. Express your interest in the account upgrade by emailing us at cs.au@mitrade.com
By becoming a professional client, you will forgo:
1. The right to be given a Product Disclosure Statement (PDS) and Financial Services Guide (FSG)
2. The Australian Financial Complaint Authority (AFCA) has discretion to exclude complaints from professional clients.
Upon being notified of your classification as a Wholesale Client, within 24 hours, all open positions on your trading account will be a) firstly, closed at the market price, and b) secondly, we will reopen these positions at the same price, known as wholesale positions.
This way, the ultimate profit and loss of your position would not be affected. We will keep your pending orders as they are.
*Some payment methods may not be available in your country/region
Privacy Policy | Product Sheet | Complaints Procedure | Risk Disclosure Statement | Client Agreement
Risk Warning: Trading may result in the loss of your entire capital. Trading OTC derivatives may not be suitable for everyone. Please consider our legal disclosure documents before using our services and ensure that you understand the risks involved. You do not own or have any interest in the underlying assets.
Mitrade does not issue advice, recommendations or opinion in relation to acquiring, holding or disposing of our products. All of our products are over-the-counter derivatives over global underlying assets. Mitrade provides execution only service, acting as principal at all times.
Mitrade is a brand jointly used by multiple companies and it operates through the following companies:
Mitrade Holding Ltd is the issuer of the financial products that are described or available on this website. Mitrade Holding is authorised and regulated by Cayman Islands Monetary Authority (CIMA) and the SIB licence number is 1612446. The registered office address is 215-245 N Church Street, 2nd Floor, White Hall House, George Town, Grand Cayman, Cayman Islands
Mitrade Global Pty Ltd with ABN 90 149 011 361 holds an Australian Financial Services Licence (AFSL 398528).
Mitrade International Ltd is authorised and regulated by Mauritius Financial Services Commission (FSC) and the licence number is GB20025791.
The information on this site is not intended for residents of the United States, Canada, Japan, New Zealand or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Please note that English is the main language used in our services and is also the legally effective language in all of our terms and agreements. Versions in other langauges are only for reference. In the event of any discrepancy between the English version and the other versions, the English version shall prevail.
Secured by SSL. © Mitrade Copyright, All rights reserved.
The product and services on this website are not available for Hong Kong residents. Information should not be regarded as advice, recommendations or opinion in relation to acquiring, holding or disposing of Mitrade’s products.
English 
Trade Now 
