Mitrade — Mitrade WebTrader (web)

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Research checked 2026-10-14 · Unknown fields require verification.

Mitrade Global Pty Ltd Australian scope. Generic /au/ and international pages changed regional content, so use the scoped landing page and verify the contracting entity.

Virtual funds: 50,000 virtual funds
AU landing page shows $50,000; AU-labelled academy guide allows USD or AUD. Assigned currency: Requires Verification.

Expiry: 90 days; continuation with live account
AU landing advertises 90 days. Academy guide says a demo freezes without a live account after 90 days; current AU implementation requires confirmation.

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Account conditions

Research checked: 2026-10-14
Testing status: Not tested
Recorded virtual amount: 50000
Recorded currency: Requires Verification
Expiry category: conditional
Evidence category: Documentation reviewed
Signup requirements: AU demo landing offers email/password or phone/password with verification code. Registration not submitted.
Notes and remaining checks: Requires Verification: assigned currency, AU continuation/reset details, final eligibility and demo fill/charge modelling.
Platform code: web
Research region codes: AU
Research region code: AU
Research region: Australia
Product: CFD
Record ID: mitrade-web-au
Broker: Mitrade
Legal entity: Mitrade Global Pty Ltd
Research scope: Australian demo landing page and Mitrade Global August 2026 documents; proprietary web platform.
Platform: Mitrade WebTrader (web)
Documented terms: Virtual practice on Mitrade web/app. Australian product documents cover margin FX and CFDs; demo trading is simulated.
Balance reset or adjustment: Academy guide says equity below USD/AUD 200 is replenished to 50,000; current AU implementation requires confirmation.
Live account or deposit: AU demo landing says practice without a real-money deposit.
What the evidence establishes: AU landing and its current August 2026 legal documents read, with AU-labelled academy guide. No account opened or trading tested.
Supporting sources: Mitrade Global Australian demo registration page
Mitrade Global Pty Limited Product Disclosure Statement, August 2026
Mitrade Global Pty Ltd Client Agreement, August 2026
Mitrade Academy — demo account registration
Official information source: Mitrade Global Australian demo registration page

Official entry route

Visit official demo page

Route type: demo-page
Notes and remaining checks: AU demo landing offers email/password or phone/password with verification code. Registration not submitted.
Evidence status: Official entry route
URL: https://www.mitrade.com/en/marketing/demoacc-au/index-googlesem.html
Route source: https://www.mitrade.com/en/marketing/demoacc-au/index-googlesem.html
Research checked: 2026-10-14
Testing status: Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope

Mitrade Global Australian proprietary web demo; August 2026 AU documents. No transfer of UAE demo claims to Australia.

Testing status

Not tested

Contractual role

Finding: Principal
Evidence status: Documented
Notes and remaining checks: Section 11.1 of the August 2026 AU PDS identifies Mitrade as the issuer and counterparty, acting as principal rather than agent.
Supporting sources: Mitrade Global Pty Limited Product Disclosure Statement, August 2026
Research checked: 2026-10-14

Execution arrangement

Finding: OTC market maker
Evidence status: Broker-reported
Notes and remaining checks: The AU PDS describes Mitrade quoting its own OTC margin-FX/CFD prices as market maker. Separate hedging relationships do not create client agency.
Supporting sources: Mitrade Global Pty Limited Product Disclosure Statement, August 2026
Mitrade Global Pty Ltd Client Agreement, August 2026
Research checked: 2026-10-14

Demo realism

Finding: Simulated trading; order features can differ
Evidence status: Documented
Notes and remaining checks: AU PDS calls demo trading simulated. Agreement section 11(4) says Time in Force availability, parameters and functions may differ between demo and live. Demo slippage, liquidity, rejection, latency and charges remain Requires Verification.
Supporting sources: Mitrade Global Pty Limited Product Disclosure Statement, August 2026
Mitrade Global Pty Ltd Client Agreement, August 2026
Research checked: 2026-10-14

Research review

Research checked: 2026-10-14
Review outcome: Current August 2026 Australian PDS and agreement document principal market-making and simulated demo use, including potential demo/live order-feature differences.
Remaining checks: Requires Verification: confirm residence eligibility and final contracting entity in the actual signup flow; no accounts were opened or tested.
Requires Verification: assigned AUD/USD currency and current AU implementation of the academy's replenishment and live-account continuation rules.
Requires Verification: Australian demo slippage, liquidity, rejections, latency and charge modelling. UAE no-slippage claims were deliberately excluded.

Demo markets

Scope

Australian proprietary web demo; AU-specific educational product guides and Australian demo registration.

Testing status

Not tested

Forex CFDs

Evidence status: Documented
Notes and remaining checks: Mitrade's Australian Forex CFD guide explicitly offers demo practice before live trading, supported by its Australian web/app demo page. Documentation reviewed; no account or trades tested.
Supporting sources: Mitrade Australia — Forex CFD trading guide
Mitrade Global — Australian demo registration
Research checked: 2026-10-14

Cryptocurrency CFDs

Evidence status: Documented
Notes and remaining checks: Mitrade's Australian crypto CFD guide explicitly offers demo practice before live trading and identifies Mitrade Global Pty Ltd. This covers simulated CFD exposure, not coin ownership; individual symbols and fills were not tested.
Supporting sources: Mitrade Australia — how to trade cryptocurrency CFDs
Mitrade Global — Australian demo registration
Research checked: 2026-10-14

API access

Evidence status: Requires Verification
Type: Requires Verification
Access route: Not established for this offering
Notes and remaining checks: API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.
Requirements: Confirm the account, platform and regional requirements with the broker.
Supporting sources: No supporting source recorded for this field.
Official documentation: No supporting source recorded for this field.
Research checked: Requires Verification
Testing status: Not tested

Entity and regulatory research

Requires Verification. No regulatory assessment has been completed for this record; this does not establish that the firm is unregulated.

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.