Company Profile
Company Profile
Review summary
| MTFReview Summary | |
| Founded | 2019 |
| Registered Country/Region | China (Hong Kong) |
| Regulation | HKGX |
| Market Instruments | Metals and Crude Oil |
| Demo Account | / |
| Leverage | / |
| Spread | Start from 0.15 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Customer Support | Email: support@mingtakfn.com |
| Phone: +852 54454098 | |
| Social Media: Facebook, YouTube, Telegram, Instagram, WeChat | |
| Address: Suite 822, 8/F Ocean Centre Harbour City, Tsim Sha Tsui, Hong Kong. | |
| Regional Restrictions | the U.S, Canada, Israel, and Islamic Republic of Iran |
MTF Information
MTF was established in 2019 and registered in Hong Kong, which is regulated by HKGX. The platform focuses on metal and commodity trading, with a minimum deposit of only $10. It uses MT5 trading software, is commission-free, and has spreads as low as 0.15 points. The platform targets experienced traders and provides comprehensive customer support. However, MTF does not provide services for residents from the following countries: the United States, Canada, Israel, and the Islamic Republic of Iran.
Pros & Cons
| Pros | Cons |
| Regulated by HKGX | Limited info on account type |
| Specialized in commodities trading | Regional restrictions |
| Minimum deposit as low as $10 | Limited payment options |
| No commission | |
| MT5 support available | |
| Various customer support channels |
Is MTF Legit?
MTF is regulated by the HKGX, with Mingde International Tracker Limited as the regulatory entity, holding a Type AA License with license number 194.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
| China (Hong Kong) | Hong Kong Gold Exchange (HKGX) | Regulated | Mingde International Tracker Limited | Type AA License | 194 |
What Can I Trade on MTF?
MTF's tradable instruments focus on metals and commodities, mainly precious metals and US crude oil.
| Tradable Instruments | Supported |
| Metals | ✔ |
| Crude Oil | ✔ |
| Commodities | ✔ |
| Forex | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Options | ❌ |
| Funds | ❌ |
| ETFs | ❌ |
Fees
Commission: MTF does not charge commission.
Spread: MTF's spreads vary depending on the asset, starting as low as 0.15 points.
Minimum deposit: MTF's minimum trading amount is $10.
Trading Platform
MTF supports trading via MT5, which is a well-known mainstream platform in the industry. It has an automatic trading system and is popular among traders.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
MTF accepts payments via bank wire transfer. MTF transfers take only 5 minutes to process.
Note: MTF does not accept third-party transfers.
There are no fees for deposits and withdrawals on MTF.
FX4046951832
Hong Kong
Imposed closing time limits, turning profitable accounts into losing ones. Stopped trading without reason and prevented withdrawals. Even refused to pay agent commissions.
Exposure
sweet8724
Bangladesh
assest to wallet not transfer with 5 day
Exposure
黄金白银走势分析師
Hong Kong
The deposit and withdrawal are safe, the spread is low, and there is no slippage after using it for half a year, which is good overall.
Positive
FX1027111783
Hong Kong
The advantage is of course low spreads. But when you make any trades, there are actually people watching you. For example, if you buy or sell gold and the US releases data that affects the price of gold, your entry price will be far from the market price (gold can exceed $10), which means there is a significant slippage. Without underestimating it, it is crucial to slow down your buying price. Other brokers also have slippage, but not as slow as this. Keep up the good work, everyone! 💪
Neutral
FX1685654954
Ukraine
MTF has ctrader account to connect TradingView, however, it often fail to login, keeps saying
Neutral
Chi-ming
Hong Kong
I am Chi-ming from Hong Kong, having been use MTF for two years, it is a quite stable platform. Haven't met any issues so far.
Positive
Tracey
Hong Kong
Hello, mates in trading! My experience with Ming Tak Financial (MTF) has been invigorating. I appreciate the company's decision to be regulated under CGSE, as it adds a sense of trust. The impressive feature that reeled me in was the fixed spread starting from as low as 0.15 pips. I found their focus on precious metals trading, including spot Gold and Silver, in addition to US Crude, appealing for a metal trader like me. But MTF being silent on trading conditions did throw me off balance. I suggest reaching out to their support team via the provided contacts for more detailed information.
Positive
Starrr
New Zealand
I've had a stimulating journey. Based out of Hong Kong and regulated by CGSE, it's indeed gratifying that the company ensures a secured trading environment. One of the highlights that appealed to me is the absence of a minimum deposit, which is a significant advantage, especially for new traders or those who wish to trade with lesser-risk capital. The trading of precious metals and US crude offered me a diversified investment experience. MT4 and MT5's inclusion as the trading platforms was reassuring, given their popularity and comprehensive features.
Positive
欣欣向荣35460
Taiwan
Although. . but. . The minimum deposit of ten dollars is really low, but I still wish I could have a demo account for me to test the waters first, but they don't have it. . . It is said to provide the mt5 platform, but I have to ask the customer service for the download link, which is very troublesome.
Neutral
FX1146376721
Hong Kong
I saw this company without a regulatory license advertise its own bonus on the homepage... Seriously, don’t be tempted easily, because for a scam company, whether it’s your money or the bonus he gives you, it will all go to him in the end account!
Neutral