Head-to-head broker comparison

MG FOREX vs Mitrade

A side-by-side look at MG FOREX and Mitradeusing the data we hold on each — score, regulators, platforms, minimum deposit, spreads and leverage. Blank fields mean we have nothing verified on record, not a “no”.

MG FOREX logo

MG FOREX

Score 7.6

Competitive forex and CFD trading for beginners and pros alike

Mitrade logo

Mitrade

Score 8.59

Editorial review of Mitrade: regulation, platforms, fees and verdict

MG FOREX vs Mitrade: the short verdict

Mitrade carries the higher overall score of the two — 8.59 against MG FOREX's 7.6. Mitrade lists more regulators than MG FOREX (3 to 1), including ASIC, CIMA and FSC Mauritius. On platforms, MG FOREX lists MetaTrader 4 and MetaTrader 5 while Mitrade lists Web-based. MG FOREX is the longer-established of the two, trading since 1992 against 2011 for Mitrade.

Side-by-side comparison

MG FOREX compared with Mitrade
FeatureMG FOREXMitrade
Min Deposit$0$50
Raw Spread100$0.0 pips
Max Leverage400:1-
RegulationsFCAASIC, CIMA, FSC Mauritius
PlatformsMT4, MT5Web-based
Islamic AccNoNo
Copy TradingYesNo
Overall rating7.68.59

This comparison is an independent directory listing, not financial advice or a recommendation. Trading forex and CFDs carries a significant risk of loss. Always verify a broker's regulatory status with the official authority before depositing.

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