Basics About What Is & How to trade

How Leverage Works

By trading with leverage, you don’t have to deposit the full amount. You can trade the financial instrument by only depositing a certain amount of money as margin based on the specific leverage ratio.

How to Trade

Leveraged contract provides the opportunity to profit by going long or short.

Potential Profit* by going long or short

You think gold price may rise, so you buy gold leveraged contract. If the market price meets your expectation, you may profit from the price rising. This process is called 'going long'.

On the contrary, you think gold price may fall, so you sell gold leveraged contract. If the market price meets your expectation, you may profit from the price falling. This process is called 'going short'.

Trading Cost

Spread

0 Commission

Mitrade

Commission

Mitrade

Overnight Funding

Risk Warning

Market Risk

When the market trend is going on a different direction than your trading position, you may face the risk of losses.

Margin Call

When your account balance is lower than the maintenance margin level, part of or all your positions may be forced to close. To prevent this from happening, please monitor your account balance regularly.

Gaps

Gaps in market prices happen when unexpected news or events occur, which cause orders with Take Profit/Stop Loss settings to not execute at set prices.

Leverage Risk

Risk Warning: leveraged contracts are a high leveraged product and may not be suitable for everyone. Leveraged provides magnify gains but also magnify losses. Therefore it may not be suitable for everyone.

Risk Management

You can effectively lock in profit and manage risks with the following services provided by Mitrade:

Take Profit/Stop Loss

After setting Take Profit/ Stop Loss, your positions will be closed according to your target price in normal circumstances, so as to lock in profit and limit losses. (Except situations where gaps occur, then position will be closed at the next favourable price level) .

Trailing Stop Loss

After setting the number of points using ‘Trailing Stop Loss’, the platform will automatically adjust the stop-loss price if the market price moves in your favour. This allows you to maximise locked-in profit and minimise losses. (Except situations where gaps occur, then position will be closed at the next favourable price level).

Negative Balance Protection

Mitrade ensures that your loss will not be greater than your initial deposit, so you can trade with confidence.

Please visit our risk management page if you wish to find out more about managing risks effectively.

Trusted Partners

Convenient Deposit and Withdrawal Multiple payment channels that support fast deposits and withdrawals.

*Some payment methods may not be available in your country/region

On-The-Go Trading On Mobile App and Web Trade Now

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 International Ltd is the issuer of the financial products that are described or available on this website. Mitrade International Ltd is authorised and regulated by Mauritius Financial Services Commission (FSC) and the licence number is GB20025791. The registered office address is 6 St Denis Street, 1st Floor River Court, Port Louis 11328, Mauritius.
Mitrade Global Pty Ltd with ABN 90 149 011 361 holds an Australian Financial Services Licence (AFSL 398528).
Mitrade Holding is authorised and regulated by Cayman Islands Monetary Authority (CIMA) and the SIB licence number is 1612446.

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.

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Email: cs@mitrade.com

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.

Welcome to Mitrade

Trading involves risks and is not suitable for all investors. Please ensure you fully understand the risks involved.

Welcome to Mitrade

Trading involves risks and is not suitable for all investors. Please ensure you fully understand the risks involved.

Thank you for visiting Mitrade!