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Mitrade was established in 2019. It is, therefore, reasonable that there would be few reviews about them on the web. However, everything suggests that the brand is a legitimate forex broker. A quick search online does not show any disputes between Mitrade and any forex trader so far. All negative reviews thus far are from suspicious review sites.
The broker is regulated by the Australian Securities and Investments Commissions (ASIC). This is a highly respected regulator in the forex trading world, alongside the UK’s FCA. If Mitrade were a scam broker, ASIC would have revoked its license right away.
On the contrary, the broker’s license number AFSL 398528 is on the ASIC website. As part of the requirements for an ASIC license, Mitrade has a physical address. Why will a scam broker display a valid address or seek a license from a body like the ASIC?
Additionally, highly rated brands like Nasdaq.com and Finance Magnates have published Mitrade related content on their websites. Both companies will not risk their reputation to associate with a scam broker.
So, is Mitrade a scam? No. Is Mitrade a legitimate broker you can trust? Yes. The one thing going against the brand right now is the lack of history as it is less than two years old. However, all excellent brokers of today started from scratch at some point.
Full Mitrade Review you can visit this link: https://medium.com/@yangliu5991/is-mitrade-reliable-broker-this-review-will-let-you-know-everything-92c4c26b2584
