Regulated

Mitrade

Website mitrade.com Founded 2011

Mitrade operates through Mitrade Global Pty Ltd (ASIC AFSL 398528), MiTrade EU Limited (CySEC 438/23) and Mitrade Markets (Pty) Ltd (FSCA FSP 54842), and states further licences for Mitrade International Ltd (FSC Mauritius GB20025791), Mitrade Holding Ltd (CIMA SIB 1612446) and Mitrade Financial Services LLC (UAE CMA 20200000397).

Licences last checked 2026-11-05

User rating

—

No reviews yet

Trust Score

High · 10.00 /10

Formula v1 · Regulation only, so far

Is Mitrade regulated?

Yes. 4 active licences, including 1 from Tier-1 regulators (ASIC). 2 more licences listed by the broker are still being verified.

What verified clients say

No reviews yet

Be the first verified client to rate Mitrade. Not ranked: No verified reviews yet

Licences

Checked against each regulator’s public register.

Legal entity	Regulator	Licence no.	Licence type	Status	Verified	Source
Mitrade Global Pty Ltd Australia	ASICT1 Australian Securities and Investments Commission	398528	Australian Financial Services Licence (AFSL)	Active	✓ 2026-11-05	Register ↗
MiTrade EU Limited Cyprus	CySECT2 Cyprus Securities and Exchange Commission	438/23	Cyprus Investment Firm (CIF)	Active	✓ 2026-11-05	Register ↗
Mitrade Markets (Pty) Ltd South Africa	FSCAT2 Financial Sector Conduct Authority	54842	Financial Services Provider (FSP), Category I (incl. derivative instruments)	Active	✓ 2026-11-05	Register ↗
Mitrade International Ltd Mauritius	FSC (MU)T3 Financial Services Commission	GB20025791	Investment Dealer (Full Service Dealer excluding Underwriting), SEC-2.1B	Active	✓ 2026-11-05	Register ↗
Mitrade Holding Ltd Cayman Islands	CIMAT3 Cayman Islands Monetary Authority	1612446	Securities Investment Business (SIB) licence	Verification pending	Not yet	Source ↗
Mitrade Financial Services LLC United Arab Emirates	SCAT2 Securities and Commodities Authority	20200000397	Licence from UAE Capital Market Authority (category not verified)	Verification pending	Not yet	Source ↗

Score breakdown

Formula v1

Preliminary score: only regulation strength has been assessed, so the score shown is that part alone, out of 10. The other four parts are added in the next research phase.

Regulation strengthweight 45%

10.0 /10

Best active licence tier, plus 0.5 for each extra active licence.

Transparencyweight 20%

Not assessed yet

Five disclosure checks, 2 points each: legal entity named, licence numbers shown, physical address, client agreement and execution policy published, full fee schedule.

Client protectionweight 15%

Not assessed yet

Segregated funds 4, negative balance protection 3, compensation scheme 3.

Risk signalsweight 10%

Not assessed yet

Starts at 10. Minus 4 per regulator warning and 0.5 per unresolved complaint (up to 4).

Track recordweight 10%

Not assessed yet

One point per year since the first licence, up to 10.

Regulator warnings and clone alerts

Clone firm

A clone firm called “Impersonation of Mitrade Global Pty Ltd (perficient-wealths.com)” (perficient-wealths.com) is using this broker’s details.

Warning published by ASIC on 2026-04-17. Source ↗

Clone firm

A clone firm called “Impersonation of Mitrade Global Pty Ltd (meca-experts.ltd)” (meca-experts.ltd) is using this broker’s details.

Warning published by ASIC on 2026-02-20. Source ↗

Trading conditions

Minimum deposit: Not checked yet
Maximum leverage: Not checked yet
Platforms: Not checked yet
Instruments: Not checked yet
Segregated client funds: Not checked yet
Negative balance protection: Not checked yet
Compensation scheme: Not checked yet
Transparency: Not checked yet