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MTrading vs Neex
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, MTrading currently holds a lower overall rating (4.4) compared to Neex (4.9).
MTrading has a higher minimum deposit than Neex, at 100.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same minimum lot size 0.01, but MTrading has a maximum lot size of 200.0, while Neex offers 1000.0.
MTrading offers a greater leverage limit of 1:1000, whereas Neex allows a maximum of only 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 100.0 | 50.0 |
| Commission | 4.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 4 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 200.0 | 1000.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN, NDD | Dealing Desk, STP, ECN |
| Maximal leverage (1:?) | 1000 | 500 |
| Availability | STP, ECN, NDD | Dealing Desk, STP, ECN |
| Regulation | - | - |
| Trading Platforms | MetaTrader 4 (MT4), Web Platform, Mobile Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Perfect Money, WebMoney, Neteller, Skrill, FasaPay, Local Deposits, Qiwi | Wire Transfer, Credit Card, Debit Card, Neteller, Skrill, Visa, Mastercard |
| Account Currency | USD, EUR, NGN | USD, GBP, EUR |
| Languages | English, Spanish, Russian, Indonesian, Thai, Vietnamese, Tamil, Hindi | English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Malay, Thai, Arabic, Vietnamese, Korean, Malay, Hindi, Farsi, Persian, Simplified Chinese, Traditional Chinese, Bahasa Malay |
| Country | Saint Vincent and the Grenadines | Saint Lucia |
| Trading platform(s) timezone | Ghana, Indonesia, Nigeria, Russia, South Africa, Thailand, Vietnam | United Arab Emirates, Australia, Mauritius, South Africa, Saint Lucia |
| Other trading instruments | Stocks, Indices, Commodities, Energies, Shares, Spread Betting, CFDs, Cryptocurrency, Precious Metals | Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Share CFDs, Forex, CFDs on Indices, CFDs: Indices, Commodities, Energies |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
