MTrading Review 2026
The full MTrading write-up for India traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in India
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD064 |
| Regulated Entity | MTrading (Pty) Ltd |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $10 |
| EUR/USD Spread | From 0.9 pips |
| Instruments | 200+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD064). Cover charge $10. In India, forex leverage is capped at 1:500.
About MTrading
MTrading opened its doors in 2012 out of a kitchen in Victoria, Seychelles. Its menu runs to 200 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by MTrading (Pty) Ltd under FSA.
In India, MTrading serves as MTrading (Pty) Ltd, cleared by FSA under licence number SD064. Under FSA house rules, India traders are poured no more than 1:500 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD064
- 200+ instruments to trade
- Negative balance protection in India
- Platforms: MT4, MT5
- Established in 2012, over a decade in the market
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is MTrading regulated?
Yes. MTrading is authorised by FSA, issued to the entity MTrading (Pty) Ltd, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for MTrading in India?
The cover charge is $10, the smallest amount India traders need to open a live account with MTrading under FSA rules.
What leverage does MTrading offer in India?
In India, FSA rules cap MTrading at 1:500 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is MTrading safe to trade with?
The kitchen passes inspection: MTrading cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
Reader Comments
Loading comments...