Is Mitrade safe?
Review the regulatory licences, legal entities, official warnings, company history, website records and user-reported issues connected with Mitrade.
- Editorial score
- 7.8/10How we scored Mitrade
- User rating
- No user ratings yet
- Regulatory status
- ASICCySECCIMA (Cayman Islands)FSC (Mauritius)+2
- Country
- Australia / international group
- Established
- Established 2011
- Website
- mitrade.com
Mitrade may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
Review the regulatory licences, legal entities, official warnings, company history, website records and user-reported issues connected with Mitrade.
Safety summary
Client money is held separately from the firm's own money, at Not consistently disclosed group-wide. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
Covered by Jurisdiction-dependent; Cyprus ICF protection for eligible clients, which pays eligible clients up to its limit if the firm fails owing client money.
Regulatory coverage
Mitrade is connected with 6 recorded licences: ASIC (tier one), CySEC (tier one), FSC (Mauritius) (tier two), FSCA (South Africa) (tier two), CMA (UAE) (tier two) and CIMA (Cayman Islands) (tier three).
Client protections
Protections may include segregated client money, negative balance protection and a compensation scheme (Jurisdiction-dependent; Cyprus ICF protection for eligible clients). They apply only where the account and client are eligible under the relevant entity and jurisdiction.
Official warnings
Regulator warnings, investor alerts and clone notices appear here as they are recorded, with the source.
Licence concerns
A concern is recorded when a licence cannot be confirmed to cover the entity or website shown on this profile.
Website verification
The recorded broker website is mitrade.com. Verify the domain through an official regulator register where possible and do not rely on links received through unsolicited messages.
Company history
Mitrade was established in 2011. No material change has yet been recorded on this profile.
Complaints and responses
This does not establish that no complaints exist elsewhere.
The available evidence supports a favourable risk assessment for Mitrade. This assessment can change if licences, entities, warnings or broker operations change.
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