Mitrade Pro Exclusive Perks and Benefits
Rebates Program
Be rewarded on monthly basis and reduce the cost of trading *
Referral Bonus
Have been enjoying trading using our platform? Share with your friends and be rewarded for bringing friends over *
Coming Soon
Deposit Bonus
What’s better than start trading with additional funds in account? Receive this special offer when you choose Mitrade as your trading partner *
TradingView Plan Reimbursement
Your cost with TradingView plans to be reimbursed regardless of which plan you signed up with TradingView *
eFXplus Access
Follow Forex trading signals and analysis from global top tier investment banks without breaking your bank *
*Please refer to each offer's Terms and Conditions for more information. We reserve the right to close or vary this offer at any time.
Why Mitrade Pro?
Premium Leverage Options
Trade world markets including forex, commodities and indices with up to 1:200 leverage
Advanced TradingView Charting
Utilize sophisticated charting from TradingView, featuring extensive indicators and customizable options for technical analysis.
Professional market analysis and trading tools
Get advanced market insights with professional trading tools, helping you make informed trading decisions
Free Economic Calendar and News
Stay informed with free access to real-time financial news and economic calendar, crucial for anticipating market changes
Trading Account Comparison
| Markets | Standard Account | Mitrade Pro Account |
|---|---|---|
Forex | Major Pairs: 30:1 Major Pairs: 20:1 | Max 200:1 |
Gold | 20:1 | Max 200:1 |
Commodities | 10:1 | Max 200:1 |
Indices | Major Indices: 20:1 Major Indices: 10:1 | Max 200:1 |
Shares | 5:1 | Max 10:1 |
Cryptocurrencies | 2:1 | Max 100:1 |
Segregated Funds Protection |  | |
Exclusive Market Analysis | | |
Professional TradingView Charts | | |
TradingView Annual Plan Reimbursement | | |
Access to eFXplus | | |
Access to Exclusive Promotions and Incentives | | |
Product Disclosure Statement & Financial Guide | | |
Recourse To AFCA | |
Eligibility Criteria
Option 1: Sophisticated Investor
1Knowledge Quiz
Taking a quick online quiz to prove your knowledge of trading and financial markets
2Record of Your Trading or Professional Experience
- Provide a trading account report stating that you have traded margin FX or CFDs at least 20 times per quarter (for any 4 quarters in the last 3 years), and traded at least AUD 500,000 in notional value in each of the 4 quarters.
OR
- Provide evidence that you have at least 12 months of experience in a professional capacity in the financial services sector, and direct knowledge of leveraged trading (FX or CFDs).
OR
- Provide evidence that you have at least 12 months of experience in a professional capacity in the financial services sector, and direct knowledge of leveraged trading (FX or CFDs).
Option 2: Wholesale Client
1Wealth Assessment
Either have:
- Net assets of at least AUD2.5 million;
OR
- Gross income for each of the last two financial years of at least AUD250,000
- Net assets of at least AUD2.5 million;
OR
- Gross income for each of the last two financial years of at least AUD250,000
Must be verified by a certificate from a qualified accountant
2Record of Your Trade History
Submit a trading report showing that you have traded margin FX or CFD at any time over the past 5 years
Things you should know
As a Mitrade Pro Account holder you will waive certain protections entitled to standard retail clients:
1. You will not have access to the protection measures outlined in ASIC's Product Intervention order:
2. While you can still access the external dispute resolution provider Australian Financial Complaints Authority (‘AFCA’), you may be treated differently
3. There’s no requirement to issue you a product disclosure statement (PDS), financial services guide (FSG), or any other relevant disclosure typically provided to retail clients (although these will remain available on our website for you to review).
4. To the extent permitted by Part 7.8 of Division 2 of the Corporations Act, Mitrade Pro account funds may be used for hedging, counteracting or offsetting the risks associated with the clients
The risks and other important information are detailed in our Client Classification Notice, Mitrade Pro Information Statement, Mitrade Pro Client Agreement and Mitrade Pro Customer Complaint Guide.
5. You have the right to revert to a retail account upon request.
1. You will not have access to the protection measures outlined in ASIC's Product Intervention order:
a. Lower leverage implemented;
b. Compulsory margin close-out at 50%;
c. Retail negative balance protection
d. Retail disclosure information
b. Compulsory margin close-out at 50%;
c. Retail negative balance protection
d. Retail disclosure information
2. While you can still access the external dispute resolution provider Australian Financial Complaints Authority (‘AFCA’), you may be treated differently
3. There’s no requirement to issue you a product disclosure statement (PDS), financial services guide (FSG), or any other relevant disclosure typically provided to retail clients (although these will remain available on our website for you to review).
4. To the extent permitted by Part 7.8 of Division 2 of the Corporations Act, Mitrade Pro account funds may be used for hedging, counteracting or offsetting the risks associated with the clients
The risks and other important information are detailed in our Client Classification Notice, Mitrade Pro Information Statement, Mitrade Pro Client Agreement and Mitrade Pro Customer Complaint Guide.
5. You have the right to revert to a retail account upon request.
How to Apply for Mitrade Pro?
1
Sign up for a Live Account
2
Select Pro Account
3
Verify Your Identity
4
Submit Documents for Pro Account Verification