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MI

Mitrade Review: Is It Legit and Regulated?

Mitrade Global Pty Ltd

AU Operating period unverified

FindMyFX score

critical risk

3.3/10

0 Score out of 10 10
Independent assessment Updated 2026-07-19

Contact & regulation

Official website
mitrade.com
Address
Not verified
Primary license
ASIC · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Mitrade legit and regulated?

FindMyFX has license records for Mitrade, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Online over-the-counter derivatives provider operating through multiple regulated entities and a proprietary trading platform.

Professional broker overview

FindMyFX editorial summary

Mitrade Global Pty Ltd is an Australian company with ABN 90 149 011 361 and AFSL 398528, according to the official ABN record and Mitrade's regulatory disclosure. The brand also lists entities regulated in Mauritius, Cyprus, the Cayman Islands, South Africa and the United Arab Emirates. Mitrade states that it provides execution-only OTC derivatives and acts as principal, with forex, commodities, shares, indices and ETFs available through its proprietary web, desktop and mobile platforms.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The applicable Mitrade entity and protections depend on residence. The official website lists multiple licences, but only the Australian business identifier was independently checked against a government register in this review.

Operational status
active
Broker type
market_maker
Execution model
Execution-only OTC derivatives; Mitrade states that it acts as principal at all times.
Support hours
Not verified

Documented advantages

  • The official site discloses multiple regulated entities and the principal OTC execution model.
  • A proprietary platform is available on web, desktop and mobile operating systems.

Documented limitations

  • The official site excludes residents of the United States, Canada, Japan, New Zealand and the United Kingdom.
  • OTC trades are contracted against the relevant Mitrade entity acting as principal.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

6 entities

Mitrade Global Pty Ltd

Primary
AU 90 149 011 361

Mitrade EU Ltd

CY Registration not shown

Mitrade Financial Services LLC

AE Registration not shown

Mitrade Holding

KY Registration not shown

Mitrade International Ltd

MU Registration not shown

6 St Denis Street, 1st Floor River Court, Port Louis 11328, Mauritius

Mitrade Markets Pty Ltd

ZA Registration not shown

Trading access

Account types

Available account structures and their current verification state.

1 account

Demo

unverified
Deposit
Not shown
Leverage
Not shown

Commission information not shown.

Spread
Not shown
Base currencies
Not shown
Margin call / stop-out
—% / —%
Demo / Islamic
Yes / Unknown
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

Commodities

unverified

ETFs

unverified

Forex

unverified

Indices

unverified

Shares

unverified

Deposit and withdrawal methods

Bank transfer

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Mastercard

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Neteller

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

PayID

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Skrill

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Visa

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Additional broker contacts

Mauritius office

6 St Denis Street, 1st Floor River Court, Port Louis 11328, Mauritius

unverified

Research sources

Licenses and regulators

ASIC

398528

unverified

Last verified: Not shown

Type: Australian Financial Services Licence
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

FSC Mauritius

GB20025791

unverified

Last verified: Not shown

Type: Not shown
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

CySEC

438/23

unverified

Last verified: Not shown

Type: Cyprus Investment Firm
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

CIMA

1612446

unverified

Last verified: Not shown

Type: Securities Investment Business
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

FSCA

54842

unverified

Last verified: Not shown

Type: Financial Services Provider
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

CMA UAE

20200000397

unverified

Last verified: Not shown

Type: Not shown
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Score components

Regulation and licenses

5.0/10 · 35%

The official footer lists six jurisdictional entities and licences; the Australian ABN was independently checked, while regulator entries were not all opened.

Security and track record

0.0/10 · 20%

No comprehensive authoritative enforcement-history review was completed.

Trading conditions

5.0/10 · 15%

Official pages disclose product classes, principal execution, platforms, demo access and payment channels; leverage and typical spreads remain incomplete.

Company transparency

7.5/10 · 10%

The broker publishes a detailed entity map, licence numbers, execution role and restrictions, with an Australian government business record also inspected.

Service quality

0.0/10 · 10%

No verified service-quality dataset was reviewed.

Verified user reviews

0.0/10 · 10%

No verified user-review data was available from the inspected official and government sources.

Profile update history

Broker profile was published.

2026-07-18

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.