Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Murrentrade

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 5-10 years |
Regulated in Comoros | Forex Trading License (EP) | White label MT5 | Regional Brokers | Offshore Regulation

https://www.murrentrade.com/

Website

Rating Index

Regulation 4.62 Tech 7.40 Reputation 4.90 Business 6.78 Risk Control 8.94
5.79

MT4/5 Verification

MT4/5

White Label

Murrentrade-Online

United States
United States
MT5
4

Influence

D

Influence Index NO.1

Thailand Thailand 2.80

MT4/5 Verification

MT4/5 Verification

White Label

4
Server Name
Murrentrade-OnlineMT5
Server LocationUnited StatesUnited States

Influence

Influence

D

Influence Index NO.1

Thailand Thailand 2.80
Surpassed 57.90% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://www.murrentrade.com/
EURO HOUSE, RICHMOND HILL ROAD, KINGSTOWN, VC0100, ST. VINCENT AND THE GRENADINES

license Forex License 1

VPS Standard
No Broker Account Restrictions
Open

Basic Information

Registered Region
Saint Vincent and the Grenadines Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
MURRENTRADE LIMITED
Abbreviation
Murrentrade
Employees
--
Email
support@murrentrade.com
Address
EURO HOUSE, RICHMOND HILL ROAD, KINGSTOWN, VC0100, ST. VINCENT AND THE GRENADINES
Company Profile6
5-10 years
Regulated in Comoros
Forex Trading License (EP)
White label MT5
Regional Brokers
Offshore Regulation
Account Info
Related Personnel
Business Region
Verified Site
About Us
Wiki Q&A
User Feedback
MT4/5
White Label MT5
White Label MT5
0
MT4 Servers
1
MT5 Servers
1.75
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
Perfect

Compare with Platforms Similar to Murrentrade

AUS Global
AUS Global
7.51/10
Regulatory License2
Minimum Deposit50 USD
MT4/5Supported
Details
TAG MARKETS
TAG MARKETS
4.51/10
Regulatory License1
Minimum Deposit50 دولارًا
MT4/5Supported
Details
Harmovest Capital
Harmovest Capital
6.46/10
Regulatory License3
Minimum Deposit--
MT4/5Supported
USK MARKETS GROUP LTD
USK MARKETS GROUP LTD
6.21/10
Regulatory License1
Minimum Deposit--
MT4/5Supported
BAB MARKETS
BAB MARKETS
5.67/10
Regulatory License2
Minimum Deposit--
MT4/5Supported
GINZO
GINZO
5.45/10
Regulatory License1
Minimum Deposit--
MT4/5Supported
IS6FX
IS6FX
5.42/10
Regulatory License1
Minimum Deposit$50
MT4/5Supported
xChief
xChief
4.99/10
Regulatory License1
Minimum Deposit10 دولارات (أو ما يعادلها)
MT4/5Supported

Verified Site
模块说明(前端未翻译)

  • murrentrade.com
    142.251.43.19
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

General Information

Murrentrade Review Summary in 10 Points
Founded2022
Registered Country/RegionSaint Vincent and the Grenadines
RegulationOffshore regulated by MISA
Market InstrumentsForex, gold, indices, energies and commodities
Demo AccountUnavailable
Leverage1:1000 (Classic account/ Standard account)1:2000 (VIP account)
EUR/ USD Spreads0.1 pips (VIP account)0.3 pips (Standard account)1.2 pips (Classic account)
Trading PlatformsMT5
Minimum Deposit$100 (Classic account/ Standard account)$10,000 (VIP account)
Customer SupportPhone, email

Murrentrade Information

MurrenTrade's brokerage services are provided by Trading Point of Financial Instruments Ltd. (operating under the trading name “MurrenTrade”).

The company provides traders with access to a range of trading platforms, including the popular MetaTrader 5 (MT5), known for its advanced charting tools, technical indicators, and customizable interface. Murrentrade aims to cater to both beginner and experienced traders by offering user-friendly platforms, educational resources, and competitive trading conditions.

Murrentrade's home page

Pros & Cons

ProsCons
15 years of experienceMISA offshore regulated
Leverage of up to 1:500Commissions and swaps charged
Three types of accounts to chooseMinimum deposit starting from $100
Spreads from 0.1pips
Copy trading available

Murrentrade Alternative Brokers

There are many alternative brokers to Murrentrade depending on the specific needs and preferences of the trader. Some popular options include:

  • Forex Club - A well-established forex broker offering a wide range of trading instruments, educational resources, and a user-friendly platform for traders of all experience levels.
  • BlackBull Markets – A reputable forex and CFD broker known for its institutional-grade liquidity, competitive pricing, and advanced trading technology.
  • Eightcap - A trusted forex and CFD broker that provides traders with competitive spreads, fast trade execution, and a comprehensive suite of trading tools and resources.

Is Murrentrade Safe or a Scam?

Murrentrade is currently regulated as an offshore entity, holding a Retail Forex License issued by the Comoros under license number T2023286.

This offshore regulatory status may imply certain risks, as offshore regulations often have fewer requirements and oversight compared to more established financial authorities.

Is Murrentrade Safe or a Scam?

Market Instruments

Murrentrade offers variety of trading instruments across different asset classes, including forex, gold, indices, cryptocurrencies, energies and commodities.

- Forex: Forex trading holds low entry barriers due to the fact that it is accessible to clients without requiring significant amounts of capital by trading on margin. The continuously fluctuating exchange rate enables market participants to make profits by executing successful trades.

- Gold: Gold is a popular trading instrument due to its status as a safe-haven asset and store of value. Traders should keep an eye on economic indicators, geopolitical events, and central bank policies as they can affect gold prices. Factors like inflation, interest rates, and currency fluctuations impact the value of gold.

- Indices: Traders can invest in global stock indices such as the S&P500, Nasdaq, DAX30, and FTSE100 through Murrentrade. Indices are calculated based on the market capitalization of the component companies. A variety of factors, including commodity prices, company announcements and financial results all play an important role in determining the indexs price.

- Cryptocurrencies: The platform offers traders access to major cryptocurrencies. They present the opportunity to trade 24/7. Cryptocurrencies only exist in the blockchain and are accessible through codes called private and public keys.

- Energies: Murrentrade provides access to the energy markets, where traders can invest in crude oil and natural gas. Energy Markets refer to commodities that refer specifically to the trade and supply of energy.

- Commodities: Murrentrade provides traders with access to a range of other commodities, including metals, agricultural products, and energy products like oil. Commodities are traded on the futures markets, and their values can be impacted by a variety of factors, such as supply and demand, geopolitical events, and weather patterns.

Market Instruments

Accounts

Murrentrade offers three live account types including Classic account, Standard account and VIP account with the minimum deposit requirement of $100, $100 and $10,000 respectively.

Classic Account:

It offers basic features and is suitable for beginners or traders with limited experience.

Standard Account:

It provides additional features and tools compared to the Classic account, making it a good choice for traders looking for more advanced functionalities.

VIP Account:

The VIP account is designed for experienced traders or individuals with larger trading volumes. It offers enhanced features, personalized services, and priority customer support.

Account Types

Leverage

For the Classic and Standard accounts, Murrentrade offers a maximum leverage of 1:1000. This means that traders can trade with a position size up to 1000 times the amount of their initial deposit. For example, if a trader deposits $100, they can potentially control a trading position of up to $100,000.

Meanwhile, the VIP account provides even higher leverage, with a maximum of 1:2000. With this level of leverage, traders can control even larger positions relative to their initial deposit. For instance, a deposit of $10,000 could potentially allow traders to trade positions worth up to $20,000,000.

Spreads & Commissions

Murrentrade offers the spread from 0.1 pips for the VIP account, 0.3 pips for the Standard account and 1.2 pips for the Classic account.

Besides, Murrentrade offers $7 per lot for the VIP account and $8 per lot for the Standard account and is free for the Classic account .

Below is a comparison table about spreads and commissions charged by different brokers:

BrokerEUR/USD SpreadCommission
Murrentrade0.3 pips (Std)$8 per lot (Std)
Forex Club2.0 pipsNone
BlackBull Markets0.2 pipsNone
Eigntcap0.1 pipsNone

Trading Platforms

Murrentrade offers MT5 for its clients. MT5 is a comprehensive trading platform that offers a wide range of features and tools to assist traders in making informed trading decisions.

The MT5 platform is known for its user-friendly interface, which makes it easy to navigate for both beginner and advanced traders. It provides access to various financial markets, including forex, stocks, commodities, and indices, allowing traders to diversify their portfolios and take advantage of different trading opportunities.

See the trading platform comparison table below:

BrokerTrading Platform
MurrentradeMT5
Forex ClubMT4, MT5, Libertex
BlackBull MarketsMT4, MT5
EigntcapMT5

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +92 3454777548

Email: support@murrentrade.co

Address: FIRST FLOOR, FIRST ST. VINCENT BANK LTD BUILDING, JAMES STREET, KINGSTOWN, ST. VINCENT AND THE GRENADINES

Customer Service

Conclusion

In conclusion, Murrentrade is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, Murrentrade's trading platform, MT5, caters to the needs of both beginner and advanced traders.

However, its offshore regulatory status may imply certain risks, as offshore regulations often have fewer requirements and oversight compared to more established financial authorities.

Frequently Asked Questions (FAQs)

Q 1:Is Murrentrade regulated?
A 1:Yes, it is offshore regulated by MISA.
Q 2:How can I contact the customer support team at Murrentrade?
A 2:You can contact via telephone, +92 3454777548 and email, support@murrentrade.co.
Q 3:Does Murrentrade offer demo accounts?
A 3:No.
Q 4:Does Murrentrade offer the industry leading MT4 & MT5?
A 4:Yes. It supports MT5.
Q 5:What is the minimum deposit for Murrentrade?
A 5:The minimum initial deposit to open an account is $100.
Q 6:Is Murrentrade a good broker for beginners?
A 6:No. It is not a good choice for beginners because of its unregulated condition.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Company Profile

  • 5-10 years
  • Regulated in Comoros
  • Forex Trading License (EP)
  • White label MT5
  • Regional Brokers
  • Offshore Regulation

Wiki Q&A

Is Murrentrade safe and reliable?

According to WikiFX data, Murrentrade has a WikiFX score of 5.79 and is classified as regulated. The listed license is a Forex Trading License (EP) issued by the Mwali International Services Authority (MISA) in Comoros, held by MURRENTRADE LIMITED, with regulation number T2023286. The brand is registered in Saint Vincent and the Grenadines and has an operating history of 2–5 years. Regulatory protection depends on the specific legal entity, license status, products offered, and the client's jurisdiction, and a score or license listing does not by itself guarantee safety or reliability. Based on this information, Murrentrade has a listed MISA license and a WikiFX score of 5.79, but users should verify the exact entity and applicable protections before making any decision.

10-18
United States

Is Murrentrade regulated?

According to WikiFX data, Murrentrade is classified as regulated. The license list shows a Forex Trading License (EP) issued by the Mwali International Services Authority (MISA) in Comoros, with regulation number T2023286, held by MURRENTRADE LIMITED. The license status is listed as Regulated. No other licenses are listed in WikiFX data. This regulatory status applies to the specific entity holding the license and should not automatically be attributed to every entity operating under the Murrentrade brand.

10-18
United States

What is the minimum deposit of Murrentrade?

According to WikiFX data, the minimum entry condition is $100 for the Standard and Classic accounts. The VIP account requires a $10,000 entry condition. WikiFX data does not specify other account types or deposit methods.

10-18
United States

Does Murrentrade support MT4 or MT5?

According to WikiFX data, Murrentrade supports MT5, with a White Label MT5 solution listed. The MT5 count is listed as 1, while the MT4 count is listed as 0, so MT4 support is not indicated in WikiFX data.

10-18
United States
View More
Feedback
2
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com