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Mitrade accounts and how they score

Account range and entry terms feed the rating. Here are Mitrade's accounts and the facts the score is built on.

Facts last checked . Read the full Mitrade review.

Accounts

Minimum deposit
$50
Account types
Live CFD, Demo, Professional where available
Account currencies
Jurisdiction-dependent
Islamic account
Availability dependent on entity
Demo account
Yes
Professional account
Yes, eligible jurisdictions
Minimum trade size
Instrument-specific
Time to open
Typically minutes, subject to KYC

What this means

A short account range, which usually means less to get wrong - the pricing you are shown is close to the pricing you get.

Base currencies: Jurisdiction-dependent. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is Instrument-specific. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about Mitrade accounts

What account types does Mitrade offer?

Mitrade offers 3 account types: Live CFD, Demo, Professional where available.

What is the minimum deposit at Mitrade?

The minimum deposit at Mitrade is $50. It can differ by account type and by the entity you register with.

Does Mitrade offer an Islamic account?

Mitrade's swap-free account is recorded as: Availability dependent on entity.

Accounts at brokers under the same regulator

More about Mitrade