FOREX.com vs MTrading: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFOREX.comMTrading
Licence Score86Very strong7Very weak
Strongest licence 1 Tier 1 ? None on record
Licences on record70
1 FCA United Kingdom Licensed—
1 ASIC Australia Licensed—
1 JFSA Japan Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
1 CIRO Canada Licensed—
2 CySEC Cyprus Licensed—
Founded20012012
HeadquartersUnited States—
TypeForex & CFD brokerForex & CFD broker
Publicly listedNASDAQ:SNEXNo
PlatformsProprietary, MT4, MT5, TradingViewMT4, MT5
Minimum depositUS$100—
VisitVisit siteVisit site

Frequently asked questions

Is FOREX.com or MTrading better regulated?

FOREX.com has the higher Licence Score (86 vs 7), based on the number and tier of licences, operating history and public listing.

Which regulators license both FOREX.com and MTrading?

They share no regulators in our database.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.