MTrading is one of the brokers that offer easy deposits and withdrawals for all types of traders. Learn the step-by-step guide in this article.
One of the most important features that you need to consider when choosing a broker is how to fund your account. Little did you know, the ease of making deposit and withdrawal can make a huge difference between a successful trade and failure to enter the market on time.
MTrading is one of the brokers that offer simple and safe account funding system. When it comes to account funding, MTrading offers the following methods:
- Bank Wire Transfer
- Bank Cards (Visa/Mastercard)
- Online Banking Payments
- Perfect Money
- Cryptocurrencies (USDT, BTC)
In MTrading, all deposits and withdrawal requests are made from the Trader's Room. It is basically a secure area where you can take full control of your account. This includes viewing your account stats, managing your accounts, and keeping track of ongoing transactions. However, this area is only accessible to verified users. Therefore, please make sure to register and complete the verification process first.
Guide to Make a Deposit in MTrading
MTrading allows their clients to start their trading journey safely with only 10 USD. The minimum deposit applies to M.Cent account holders who are typically novice traders who want to trade on a small budget.
Meanwhile, for M.Premium and M.Pro, the minimum deposit is 100 USD and 500 USD respectively. These accounts are more suitable for traders with experience and comfortable trading on their own.
Now, to fund your account, simply follow the steps below:
- Open MTrading's official website and log in to your Trader Room using your email address and password.
- Find the "Deposit" tab on the top menu to start the process.
- You will see a list of all active trading accounts that you have. Click the three-dots button on the account that you wish to reload and select "Deposit".
- On the deposit page, you can choose from a selection of methods supported in your country. Press the "Show all" button to expand the list, then choose one to make the deposit.
- Next, specify your deposit amount. Agree to the terms and conditions, then click "Deposit".
- MTrading will automatically redirect you to a secure payment page. Here, you'll need to write down your bank account or card information. After you fill out the form, confirm the transaction and proceed to the next step.
- The last thing to do is to wait for the money to be transferred to your account balance. Deposits via credit cards, e-wallets, and cryptocurrencies are typically processed instantly. Deposits via Bank Transfers may take longer though. You will be notified with an automatic message in your Trader's Room when the deposit is successful.
Steps to Withdraw Funds from MTrading
- Log in to your secure Trader's Room with your registered email and password.
- Click "Withdrawal" on the top bar beside Deposit.
- Choose your preferred withdrawal method from the available options. Then, determine which MTrading account that you'd like to withdraw from and provide the withdrawal amount.
- The system will then calculate the additional conversion fees, exchange rate, and remaining balance for you. Thus, you can see the final withdrawal amount that you will receive.
- For the last step, accept the terms and conditions and press "Withdraw".
It is worth noting that while MTrading does not charge fees for deposits and withdrawals, the payment provider might charge their fees and commissions. Also, conversion fees according to internal exchange rates will be applied if you choose a different currency from your base currency. These additional charges will be deducted automatically from the withdrawal amount.
All in all, MTrading appears to be a global brokerage firm that not only offers a wide range of financial assets but also a flexible account funding system that allows traders to make deposits and withdrawals at any time. The process is fairly simple, so it is convenient if you need to add or take money from your account real quick. On top of that, the broker offers a generous welcome bonus that you can claim on the website.
Founded in 2012, MTrading is a leading broker that offers favorable trading conditions for traders regardless of expertise level. To support their clients' success, the broker offers various investment programs, educational contents, and risk management tools. The company is currently registered in the State of Saint Vincent and the Grenadines under no. 24275 IBC 2017.