MTrading vs XTrade Comparison

Last updated Mar 28, 2025
MTrading LogoMTrading
3.1/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
XTrade LogoXTrade
3.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Comparison Table of MTrading and XTrade

BrokerMTradingXTrade
Rating
3.1/5
3.3/5
Foundation Year20112003
Regulated in CountriesSaint Vincent and the GrenadinesBelize
Minimum Deposit
  • 10 USD
  • 250 USD
Spreadfrom 0 pointsfrom 1 points
Max Leverage1:10001:400
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • xTrade
ReviewMTrading Review XTrade Review

MTrading is suitable for traders who prefer the MetaTrader 4 platform and a variety of instruments but are ready for potential risks due to lack of regulation.

Xtrade is suitable for traders who value a simple interface, bonus programs, and access to education and analytics.

MTrading Review

MTrading Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4
compare MTrading trading accounts

MTrading offers a variety of trading accounts that can meet the needs of traders with different levels of experience and capital sizes. The wide range of trading instruments available makes this broker attractive for traders seeking to diversify their investments. The copy trades service may also be of interest to beginners who want to profit by following the strategies of successful traders.

MTrading is suitable for new traders, especially those who want to try copying trades and working with various trading instruments on one platform.

Pros and Cons of MTrading

Pros

  1. Availability of different types of trading accounts.
  2. Wide range of trading assets.
  3. Own copy trading platform.

Cons

  1. Lack of licenses from reputable regulators.
  2. Limited choice of trading platforms.
  3. Only one method of communication with support service.
  4. Absence of some popular deposit and withdrawal methods.
  5. Sparse analytical and educational materials compared to competitors.

XTrade Review

XTrade Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
xTrade
compare XTrade trading accounts

Xtrade offers a wide range of deposit and withdrawal methods, an extensive range of markets and trading products, and a variety of analytical tools. The broker is equipped with an extensive training center, which makes it attractive for novice traders who want to expand their knowledge and improve their trading skills. Responsive and feature-rich customer support enhances the usability of the broker's services.

Xtrade is suitable for novice traders, thanks to its accessible educational resources and wide range of trading products. However, potential clients should pay special attention to regulatory issues and trading costs before deciding to start working with this broker.

Pros and Cons of XTrade

Pros

  1. Wide range of deposit and withdrawal methods.
  2. Extensive selection of markets and products for trading.
  3. Diversity of analytical tools.
  4. Comprehensive educational center with various materials.
  5. Responsive and multifunctional technical support.

Cons

  1. Weak regulation may raise concerns about the security of client funds.
  2. Limited variety of accounts and services offered.
  3. Wide spreads, which can increase trading costs.
  4. Long processing time for withdrawal requests.
  5. Lack of alternatives to the offered trading platform, limiting traders' choices.

Reliability

BrokerMTradingXTrade
Reliability
2/5
3.2/5
Foundation Year20112003
Regulated in CountriesSaint Vincent and the GrenadinesBelize
Regulators
-

MTrading

Broker MTrading is registered in a jurisdiction with limited regulation, which may raise concerns among investors.

Pros

  1. Company's reputation in the market.
  2. Measures to ensure the security of client funds.

Cons

  1. Lack of regulation by major financial authorities.
  2. Potential risks for investors due to weak regulation.

XTrade

The reliability of Xtrade International Ltd is questionable due to the lack of licenses from strict regulators, despite having a license from the Belize FSC.

Pros

  1. Segregated client accounts.
  2. Investor compensation fund.

Cons

  1. Lack of licenses from strict regulators.

Account Opening

BrokerMTradingXTrade
Account Opening
5/5
4/5
Minimum Deposit
  • 10 USD
  • 250 USD

MTrading

Opening an account with MTrading is a simple, convenient, and fast process.

XTrade

Account opening at Xtrade is fairly standard and transparent.

Pros

  1. Free and fast account opening.
  2. Clear verification instructions.

Cons

  1. High minimum deposit.
  2. Verification can be lengthy.

Account Types

BrokerMTradingXTrade
Account Types
4.3/5
2.3/5
Trading Accounts
  • M.Cent
  • M.Premium
  • M.Pro
  • Standard
  • Platinum
  • Premium
  • VIP
Minimum Deposit
  • 10 USD
  • 250 USD
Spreadfrom 0 pointsfrom 1 points
Max Leverage1:10001:400
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • xTrade
Demo Account
Swap-free Account

MTrading

Broker MTrading offers a variety of accounts that meet the needs of different traders, but there are no accounts with fixed spreads.

Pros

  1. Wide selection for different levels of experience.
  2. Ability to start trading with small amounts.
  3. Availability of copy trading service.

Cons

  1. Absence of accounts with fixed spreads.

XTrade

Xtrade offers a variety of accounts, but does not satisfy the needs of all categories of traders.

Pros

  1. Four types of accounts for different traders.
  2. Reduced spreads for Premium and VIP accounts.

Cons

  1. Absence of cent and Islamic accounts.
  2. No accounts with fixed spreads.
  3. Lack of copy trading service.

Commissions

BrokerMTradingXTrade
Commissions
1.5/5
2/5
Spreadfrom 0 pointsfrom 1 points
Average Spread (EURUSD)1.33
Commission per Lot$4

MTrading

MTrading's commissions are above the market average, which can affect the overall profitability of the trader.

Pros

  1. There are no withdrawal fees.

Cons

  1. Commission per trade on M.Pro is above average.
  2. Almost all swaps are negative.
  3. Additional commission for account inactivity.

XTrade

Commissions at Xtrade are relatively high, which can increase a trader's costs.

Pros

  1. No withdrawal fee.

Cons

  1. High spreads.
  2. Inactivity fee of 50 USD.

Deposit and Withdrawal

BrokerMTradingXTrade
Rating
4/5
3.5/5
Account Funding Methods
  • Neteller
  • Skrill
  • Moneta.ru
  • Qiwi
  • WebMoney
  • YooMoney
  • VLoad
  • Alipay
  • AstroPay
  • Boleto
  • CashU
  • FasaPay
  • Jeton
  • Bpay
  • Swift
  • Sofort
  • Visa
  • Mastercard
  • JCB
  • EPS
  • Giropay
  • iDeal
  • Przelewy24
  • POLi

MTrading

MTrading offers a limited selection of payment systems, but transactions are fast and commission-free.

Pros

  1. No commissions for depositing and withdrawing funds.
  2. Fast execution of payments.
  3. Support for cryptocurrency payments.

Cons

  1. Lack of popular methods such as bank transfer and credit cards.

XTrade

Xtrade offers a variety of deposit and withdrawal methods, but with lengthy processing times.

Pros

  1. Wide selection of payment systems.
  2. No fees on many methods.

Cons

  1. Long withdrawal processing time.
  2. Absence of cryptocurrencies.

Markets and Products

BrokerMTradingXTrade
Markets and Products
4/5
5/5
Forex3857
Precious Metals59
Energy Carriers35
Indices1025
Stocks87300
ETF913
Cryptocurrency1252
Soft Commodities-7
Bonds-5

MTrading

MTrading offers a wide range of trading assets, covering major markets and allowing traders to flexibly form their portfolio.

Pros

  1. Access to 38 currency pairs in the Forex market.
  2. Ability to trade CFDs on stocks, indices, commodities, and cryptocurrencies.

Cons

  1. Soft commodities are not available.
  2. The overall number of CFDs is average, lower than many competitors.

XTrade

Xtrade offers an extensive selection of markets and products, meeting the needs of various traders.

Pros

  1. Wide range of currency pairs.
  2. Numerous CFDs on stocks from different countries.
  3. Availability of cryptocurrencies.

Trading Platforms

BrokerMTradingXTrade
Rating
3.5/5
3.5/5
Trading Platforms
  • MetaTrader 4
  • xTrade

MTrading

MTrading focuses on the MetaTrader 4 platform, offering its various modifications, but limits the choice of alternatives.

Pros

  1. Availability of the time-tested and popular MT4 platform.
  2. Additional features in MT4 Supreme Edition to enhance trading.
  3. Ability to trade through a browser with WebTrader.

Cons

  1. Lack of modern platforms such as MetaTrader 5 or cTrader.

XTrade

Xtrade offers a functional and user-friendly platform.

Pros

  1. Web platform with no download required.
  2. Full-featured mobile application.

Cons

  1. Lack of popular platforms such as MT4 or MT5.
  2. Limited choice of platforms.
  3. No desktop version of the platform.

Analytics

BrokerMTradingXTrade
Rating
3/5
4/5

MTrading

MTrading offers basic analytical tools, but they may seem limited compared to competitors.

Pros

  1. Access to up-to-date financial market news.
  2. Technical analysis from the company's experts.

Cons

  1. Lack of advanced analytical tools.
  2. No integrated services such as Autochartist or Trading Central are provided.

XTrade

Xtrade's analytics are well-developed, providing traders with a variety of market analysis tools.

Pros

  1. Daily video analysis.
  2. Economic calendar and up-to-date news.
  3. Specialized calculators for technical analysis.

Cons

  1. Lack of regular reviews from experts.
  2. No trading signals.

Education

BrokerMTradingXTrade
Rating
2.5/5
4/5

MTrading

MTrading offers basic educational materials targeted at beginner traders, but their range is limited.

Pros

  1. Articles on the basics of Forex.
  2. Overviews of indicators and strategies.

Cons

  1. Lack of advanced educational resources.
  2. No webinars or video tutorials are provided.
  3. Limited variety of topics.

XTrade

Xtrade provides extensive educational materials covering various levels of complexity.

Pros

  1. Wide range of topics.
  2. Materials for beginners and professionals.
  3. Availability of video tutorials and e-books.

Cons

  1. Lack of webinars.
  2. Some topics may require deeper study.

Customer Support

BrokerMTradingXTrade
Rating
2.5/5
4/5
Email Support
  • info@xtrade.com
  • support@xtrade.com
Hotline Phones
  • +442038074001
Social Media

MTrading

MTrading's technical support has an average level, with certain shortcomings in communication channels and resolving client issues.

Pros

  1. Availability of online chat for quick communication.
  2. Support through social media.

Cons

  1. Lack of telephone line and email support.
  2. Issues with response timeliness.
  3. Complaints about ineffective resolution of finance-related issues.

XTrade

Xtrade's customer support is responsive and diverse, but there are minor communication issues.

Pros

  1. Variety of communication channels.
  2. 24/5 availability during weekdays.
  3. Quick and professional response.

Cons

  1. Some reviews indicate problems with resolving disputes.

Alternatives to MTrading and XTrade

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.