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Mitrade in United Arab Emirates — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%85
- Round-turn cost20%95
- Safety20%70
- Payouts15%80
- Track record10%75
- Platforms10%0
Numbered by weight: axis 1 counts for most.
Who actually onboards you
- Entity that onboards United Arab Emirates residents
- Mitrade Holding Ltd
- Local standing
- Locally licensed for advisory only; trading itself carried offshore. MENA is a stated growth focus.
- Licence as the register states it
- UAE Securities & Commodities/CMA Category 5 (Arranging & Advisory only, not order execution); execution offshore.
- Leverage for this entity
- Up to 1:200 on FX (offshore entity).
- The firm behind it
- App-first CFD broker founded 2011; multi-entity (ASIC/CIMA/FSCA/Mauritius/CySEC/UAE CMA).
- What we hold against it
- Trustpilot ~4.7/5 (~2500 reviews) but withdrawal-delay and account-liquidation complaints; WikiFX cautions.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youLocally licensed for advisory only; trading itself carried offshore. MENA is a stated growth focus.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against the UAE market median(priced from 60 of 75)
Medians run over the 60 of 75 brokers that publish a price for United Arab Emirates, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard (global), min ~USD 20-50. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Mitrade sits in the UAE base(75 brokers)
Round-turn cost, USD (60 of 75 priced)
Median 7 USD · range 2-35 · this broker 6 USD · 15 of 75 brokers do not publish it
Minimum deposit, USD (33 of 75 priced)
Median 50 USD · range 0-10000 · this broker 20 USD · 42 of 75 brokers do not publish it
Retail leverage (53 of 75 with a UAE figure)
Median 1:500 · range 1-5000 · this broker 1:200 · 22 of 75 brokers do not publish it
Withdrawal time published (75 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (5 methods · 0 local rails)
Cards, bank transfer, Skrill, Neteller, Apple/Google Pay.
- Cards
- Bank transfer
- Skrill
- Neteller
- Google Pay
- Account currency
- USD, AUD, EUR; no AED account verified.
- Fee declared
- 5 of 5 methods
- Withdrawal back to
- the funding method
Where it does not serve(21 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(2 platforms)
- Proprietary Mitrade app/web
| Class | Count | Leverage |
|---|---|---|
| Proprietary Mitrade app/web | — | 200UAE |
| All instruments | 400 | 200UAE |
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.7 | 644 |
Share of reviewers in the UAE: — The platform does not publish it.
Pros and cons(5 for and 2 against, each tied to a figure on this page)
- Round turn 6 USD on the standard basis, under the United Arab Emirates median 7
- Authorised by the United Arab Emirates regulator in its own register
- Min deposit 20 USD, under the United Arab Emirates median 50
- Withdrawal in 24 h, one of 65 of 75 brokers here that publish a time
- Round-turn cost 95 of 100, its strongest of 6 scored axes
- The published 1:200 comes from the group's offshore entity, not from the United Arab Emirates one
- Platforms 0 of 100, its weakest of 6 scored axes
Alternatives in the UAE(6 of 75 scored in United Arab Emirates)
- Round turn, USD
- 5UAE
- Min deposit, USD
- 10UAE
- Leverage
- 2000UAE
- Rank in this country
- #29
- Round turn, USD
- 6UAE
- Min deposit, USD
- 10UAE
- Leverage
- 300UAE
- Rank in this country
- #17
- Round turn, USD
- 7UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 200UAE
- Rank in this country
- #2
- Round turn, USD
- 7UAE
- Min deposit, USD
- 5 groupUAE
- Leverage
- 30UAE
- Rank in this country
- #5
- Round turn, USD
- 7UAE
- Min deposit, USD
- 5UAE
- Leverage
- 30UAE
- Rank in this country
- #8
- Round turn, USD
- 6UAE
- Min deposit, USD
- 0UAE
- Leverage
- 500UAE
- Rank in this country
- #11
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology
| Axis | Weight | What is measured | Mitrade |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 85 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 70 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 75 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 0 |
FAQ
- Does Mitrade accept residents of United Arab Emirates?
- Yes. Locally licensed for advisory only; trading itself carried offshore. MENA is a stated growth focus. Onboarding entity: Mitrade Holding Ltd
- Is Mitrade licensed to serve clients in United Arab Emirates?
- UAE Securities & Commodities/CMA Category 5 (Arranging & Advisory only, not order execution); execution offshore. Checked on 09.07.2026.
- How much does one round turn cost at Mitrade?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for United Arab Emirates is 7.0 USD.
- What leverage does Mitrade offer to retail clients in United Arab Emirates?
- Up to 1:200. leverageGeo: Up to 1:200 on FX (offshore entity).
- Which trading platforms does Mitrade support?
- Proprietary Mitrade app/web. Instruments: 400+ CFDs: ~59 FX pairs, indices, commodities, shares, ETFs, crypto.
- How can I withdraw money from Mitrade in United Arab Emirates?
- Cards, bank transfer, Skrill, Neteller, Apple/Google Pay.
- What account types does Mitrade offer?
- Standard (global); min ~USD 20-50.
- Does Mitrade offer a swap-free (Islamic) account?
- No. Mitrade publishes no swap-free (Islamic) account for United Arab Emirates.
Taxes for a UAE resident(1 rule)
- 0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026);https://prnewswire.com
Not tax advice. Check with the Federal Tax Authority.