Experience a platform that integrates market updates, trading analysis, trading and account management with risk management tools and more.
Enjoy low-cost trading, zero commissions, low overnight fees, and competitive and transparent spreads.
The minimum size per trade is as low as 0.01 lots for many markets
Under the Australian regulations, all client funds are segregated.
Your account will not lose more than your initial deposit under any market circumstances–our negative balance protection ensures your account never go below zero.
Enjoy fast and responsive customer service from a team of dedicated professionals.
Mitrade is a commission-free trading platform. The main cost of trading comes from low spreads we charge, which vary among different markets. In addition, there may be overnight funding adjustments if you hold positions overnight, and inactivity fees for not using the account for a period of 180 days.
Overnight funding adjustment:
When you hold positions through the settlement time (GMT 22:00 Winter time), overnight funding adjustment will be incurred on your account. Depending on the product you are trading and direction of your trade (buy or sell), overnight funding may be debited or credited to your account.
You will be able to find the overnight funding adjustment amount for the day in the product information section beneath the charts on our webtrader or mobile app.
If you have not traded on your account for 180 consecutive days, an inactivity fee of $10 per 30 days will apply. The first inactivity fee will be charged at GMT 22:00 (Winter time) on the 180th day.
To avoid being charged, all you need to do is to log in and trade on your account from time to time. Please note: a trade refers to an executed trade, this excludes pending orders that are yet to be executed. Moreover, deposit and withdrawals are not considered as trading activity.
Mitrade does not charge any hidden fees, and we endeavour to include all details of our fees and charges as clearly as possible. If you have any questions, please feel free to contact our customer service team for more detail.
To open a live account, please visit our Mitrade account registration page and do the following:
1. Input your email address/mobile phone number and set up a login password. Upon submission, a demo account will be created.
2. On the demo account page, select Home > Switch to Live Account to access the account application form.
Please note that only after completing your ID verification, you will be able to deposit into your live account.
Currently, Mitrade does not provide currency exchange service. When you deposit or withdraw, if the currency of your bank account/card/e-wallet is different from the base currency of your trading account, the currency exchange rate will be determined by your bank or card issuer. For more details about the conversion rate of your funds, please consult with your bank.