Mitrade Australia Review & Trading Guide

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What is Mitrade?

Mitrade is an online CFD broker that lets Australian traders speculate on the price movements of global markets — forex, gold, indices, shares, commodities and cryptocurrencies — from one trading platform.

ASIC Regulated (AFSL 398528)
Commission-free CFD Trading
Segregated Client Funds
Negative Balance Protection


🛡️ASIC Regulated
🇦🇺AUSTRAC Listed
Trustpilot 4.7 ★

Why Mitrade?

Discover why millions of global traders choose Mitrade for their financial journey.

🏷️

Zero Commission

Trade CFDs without paying traditional commissions.

📊

Low Spreads

Competitive spreads across Forex, Gold and Indices.

🛡️

ASIC Regulated

Licensed and regulated in Australia.

📱

Easy-to-use Platform

Trade anytime via desktop or mobile.

Key Specs

Overview of key features and trading parameters for Mitrade

RegulationASIC — AFSL 398528 (Mitrade Global Pty Ltd); segregated client funds
Min. deposit$100
Trading fees$0 commission; floating spreads only
Typical spread (EUR/USD)From 0.5 pips
Local AU paymentsPayID, bank transfer, Visa/Mastercard, POLi
PlatformProprietary WebTrader & mobile app (integrated TradingView charts)
Tradable assets800+ instruments (forex, stock CFDs, commodities, crypto)
Inactivity feeUS$10/month after 6 months with no trading activity, on balances under US$100
Negative balance protectionYes (retail clients)

Award-winning trading platforms

Meet Our 2026 Brand Awards. Our 2026 awards reflect current recognition for meeting today’s traders’ needs in a fast-changing market.

AwardsRecognition

Regulated Broker of the Year Global 2026

International Business Magazine
AwardsRecognition

Best Broker Education Global 2026

International Business Magazine
AwardsRecognition

Best Multi-Asset Trading Platform

Forex Broker Awards
AwardsRecognition

Best CFD Broker Global 2026

Global Business & Finance Magazine
AwardsRecognition

Best Broker MENA 2026

World Business Outlook

How to Start Trading with Mitrade

Start your CFD trading journey in 5 simple steps with fast digital onboarding.

A picture of different interface of Mitrade mobile app

01

Create an Account

Quick registration completed in just 1 minute.

⚡ 1 Min Quick
02

Verify Identity

Complete standard KYC verification securely.

KYC Verified
03

Deposit Funds

Choose from multiple instant payment methods.

Visa / MCBank TransferPayIDApple/Google Pay
04

Choose a Market

Explore 800+ global financial instruments.

ForexGoldStocksCrypto
05

Open Your First Trade

Execute Buy/Sell with built-in risk management.

Buy / SellStop LossTake Profit


Open Free Account Now  Try Demo Account ($50k)

Platform Features

Designed for effortless trading with intuitive UX and fully transparent pricing.

Why Choose Mitrade

Proprietary Platform built for Intuitive Trading

  • 📱

    Clean & Intuitive Interface

    Sleek design with seamless mobile/web navigation—far easier for beginners than complex MT4/MT5 setups.

  • 📈

    TradingView Integration

    Access advanced technical charting tools, 80+ indicators, and real-time market sentiment natively.

  • 🛡️

    Smart Risk Management

    Set Stop Loss, Trailing Stop, and Take Profit with zero slippage protection on basic orders.

Transparent Pricing

Zero Hidden Fees & Transparent Costs

Commission FeesTrade 800+ global CFDs
$0 Commission
Spreads StructureCompetitive floating spreads
From 0.5 Pips
Overnight Swap / Funding RatesClearly displayed before placing trades
Transparent Live Rate
Deposits & WithdrawalsLocal bank transfer, PayID, Cards
$0 Fee

Transparent pricing

Commission fees: $0 across 800+ CFDs. Spreads: competitive floating spreads from 0.5 pips. Overnight swap/funding rates are clearly displayed before you place a trade. Deposits & withdrawals via local bank transfer, PayID and cards carry $0 account-opening fees. Opening an account is free; an inactivity fee may apply after prolonged inactivity (see specs).

Risk Management Tools

Protect your capital with flexible stop-loss triggers and negative balance protection.

🎯

Take Profit / Stop Loss

When setting up or modifying an order, set target levels to lock in profits or minimize losses automatically when the market moves against you.

⚠️ Market Gaps Notice: Extreme market volatility may cause slippage/gaps, executing the order at the next-most favorable available price rather than the preset target price.
📌 Example (EUR/USD Buy Order)

Setup: Buy 1 lot EUR/USD at 1.13837 with Stop Loss at 1.13806.

Normal Conditions: Price drops to 1.13806 ➔ Order closes smoothly at 1.13806 (Loss: USD 31).

Market Gap Gap-over: Price drops rapidly to 1.13795 ➔ Order executes at the next best price of 1.13795 (Loss: USD 42).

📈

Trailing Stop Loss

A dynamic stop-loss that automatically follows favorable price movements at a set distance—maximizing profits while locking in gains as the market trends.

💡 Dynamic Tracking: The stop price moves UP as profits increase, but stays firmly in place if the market reverses until triggered.
📌 Example (EUR/USD Trailing Stop)

Setup: Buy 1 lot EUR/USD at 1.13837 with a 100-point (0.00100) Trailing Stop (Initial Stop: 1.13716).

Price Rises: Sell price rises to 1.13846 ➔ Stop price automatically updates to 1.13746.

Reversal Trigger: Price drops back to 1.13746 ➔ Order triggers and closes the position at 1.13746.

🛡️

Negative Balance Protection

Trade with complete peace of mind—you will never lose more than your total account deposits.

✓ Guaranteed Safety

Why Choose Mitrade?

Everything you need for a seamless, competitive, and secure trading experience.

💻

Simple and Intuitive Platform

Experience a platform that integrates market updates, trading analysis, trading, and account management with risk management tools and more.

💸

Competitive Trading Costs

Enjoy low-cost trading, zero commissions, low overnight fees, and competitive and transparent spreads.

📊

Low Threshold Amount

Start small and manage your exposure effectively—the minimum size per trade is as low as 0.01 lots.

🏛️

Regulated by Financial Bodies

We understand the safety of your funds is paramount. Therefore, all client funds are strictly segregated from operational funds.

🛡️

Negative Balance Protection

Trade with peace of mind. You will not lose more than your total account deposit with our negative balance protection.

🎧

Exceptional Customer Support

Enjoy fast, responsive, 24/5 customer service from a team of dedicated multilingual professionals.

Ready to Trade Global Markets?

Start with a free $50,000 AUD demo account or open a live account today.

Create Free Account Now

CFDs are high-risk; 74% of retail investor accounts lose money when trading CFDs with this provider.

CFD Risk Disclosure — read before you trade

Contracts for Difference (CFDs) are complex financial instruments traded on margin and carry a high risk of losing money rapidly due to leverage.

74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

As an Australian retail client you are protected by ASIC product intervention measures: leverage is capped (e.g. 30:1 major FX, 20:1 indices/gold, 2:1 crypto) and your account has negative balance protection so you cannot lose more than your deposited funds.

FAQ

1. What is Mitrade?

Mitrade is an online CFD trading platform that allows traders to speculate on the price movements of global financial markets without owning the underlying assets. Australian users can trade a wide range of CFD products, including forex, indices, commodities, shares and cryptocurrencies, all from a single platform.

2. Is Mitrade regulated in Australia?

Yes. Mitrade operates in Australia through an entity regulated by the Australian Securities and Investments Commission (ASIC). ASIC-regulated brokers must comply with strict regulatory requirements, including client money protection and risk disclosure obligations.

3. Is Mitrade safe to use?

Mitrade is regulated in multiple jurisdictions and uses security measures such as encrypted data transmission and segregated client funds where required by regulation. As with any leveraged trading platform, trading CFDs involves risk, so it's important to understand how the products work before trading.

4. Does Mitrade charge commission?

For many CFD products, Mitrade does not charge a separate trading commission. Instead, trading costs are generally incorporated into the spread. Certain positions held overnight may also incur overnight financing charges.

5. Does Mitrade offer a demo account?

Yes. Mitrade provides a free demo account that allows users to practise trading with virtual funds. A demo account can help beginners learn how the platform works, test trading strategies and become familiar with risk management before trading with real money.

6. What leverage does Mitrade offer?

Leverage depends on the asset class, your jurisdiction and applicable regulations. In Australia, leverage limits for retail clients are set by ASIC and vary across products such as forex, indices, commodities and cryptocurrencies.

Disclaimer: The content presented above, whether from a third party or not, is considered as general advice only. CFD trading involves significant risk of loss. Past performance does not guarantee future results. This article serves informational purposes only and does not constitute financial advice. Consider your risk tolerance before trading.

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