Is Mtrading a Scam?

Read our independent forensic review, regulatory background, domain footprint, and risk assessment.

Forensic Verdict & Findings

MTrading is an international retail broker operated by ServiceComsv Ltd, a company registered in St. Vincent and the Grenadines. The brand focuses on providing trading services to clients in South Asia, Africa, and Latin America, offering high leverage limits and copy-trading features. MTrading is a member of the Financial Commission, an independent international dispute resolution organization, which provides a basic level of alternative recourse but does not carry the legal authority or capital requirements of an official government regulator like ASIC or the FCA. Forensic tracking of user feedback on Trustpilot and Reddit reveals a mix of opinions. Positive reviews focus on the low minimum deposit requirements and the local payment methods available in target regions. Conversely, negative reviews highlight significant operational friction, including high overnight swap fees and delays in processing manual withdrawal requests. Some users also report performance discrepancies between demo and live accounts, suggesting that execution latency can increase when real capital is on the line. Traders should approach MTrading with caution due to its offshore regulatory model.