ASIC — Australia
Mitrade Global Pty Ltd
Regulated
Mitrade Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC • CYSEC
Licence status
Regulated
Platforms
Mitrade Mobile App, Desktop, WebTrader
Max. leverage
1:200
Instruments
Forex, indices, commodities, shares
Typical spread
From 1 pip
Operating
Est. 2010
Main market
TW
Entity
Mitrade Global Pty Ltd
Website
Unknown
Mitrade is a forex & CFD broker based in Australia, established in 2010. On Trust Broker Hub it holds a Trust Score of 6.4 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, Mitrade is regulated by ASIC and CYSEC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
Mitrade provides access to Forex, indices, commodities, shares. Published conditions include leverage up to 1:200. No complaints are currently on record. Overall, Mitrade has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
Mitrade currently scores 6.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
CYSEC — Cyprus
Mitrade Global Pty Ltd
Licence
Tier 2 · Mid
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, indices, commodities, shares, ETFs |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:200 |
| Typical spread | From 1 pip |
| Platforms | Mitrade Mobile App, Desktop, WebTrader |
| Demo account | Available |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Mitrade
Our analysis · editorial
6.4/10
A mixed risk profile
Mitrade holds a tier-1 regulatory licence among its 2 registrations (ASIC, CYSEC). Based in Australia, it has been operating for about 16 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 6.4/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (ASIC, CYSEC)
- Holds 2 regulatory licences across multiple jurisdictions
- Long 16-year operating track record
- No complaints on record with us
- Supports Mitrade Mobile App & Desktop trading
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Mitrade — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Mitrade here if that changes.
Full specifications
Regulated region
Australia
Operating period
10-15 years
Main market
TW
License status
Regulated
Instruments
Forex, indices, commodities, shares, ETFs
Year founded
2010
Frequently asked
Is Mitrade a safe broker?
Mitrade scores 6.4 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the Mitrade trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Mitrade?
Mitrade publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.