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Murrentrade
Saint Vincent and the GrenadinesEntry Time 2023-03-29
2023-03-29Input
https://goldiv.murrenfx.com/
https://goldiv.murrenfx.com/
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2025 years 10 Month
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Murrentrade · Company Summary
| MurrenTrade Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Not regulated |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies, Energies |
| Demo Account | Not specified |
| Leverage | Up to 1:500 |
| Spread | Starting from 0.1 pips |
| Trading Platform | MetaTrader 5 (MT5) |
| Min Deposit | $100 |
| Customer Support | Email: support@murrentrade.comAddress: FIRST FLOOR, FIRST ST. VINCENT BANK LTD BUILDING, JAMES STREET, KINGSTOWN, ST. VINCENT AND THE GRENADINES |
MurrenTrade Information
Founded in Saint Vincent and the Grenadines in 2022, MurrenTrade offers a wide range of trading assets, including forex, commodities, indices, cryptocurrencies and energy. The company offers spreads starting at 0.1 points and highly leveraged options as high as 1:500. However, the platform operates without regulation.
Pros and Cons
| Pros | Cons |
| Competitive spreads start at 0.1 pips | Unregulated status |
| High leverage options up to 1:500 | Lack of contact information |
| Available copy trading service | |
| MT5 platform provided |
Is MurrenTrade Legit?
The MurrenTrade currently is not regulated by any financial authorities.
What Can I Trade on MurrenTrade?
MurrenTrade offers traders the opportunity to trade Forex, Gold, Indices, Energies, Cryptocurrencies and Commodities.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Forex | ✔ |
| Currencies | ❌ |
| Crypto currencies | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Gold | ✔ |
| Energy products | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
MurrenTrade offers three live account types, namely Classic account, Standard account, and VIP Account.
| Account Type | Minimum Deposit | Spread | Leverage | Commission | Swap |
| Classic | $100 | 1.2 pips | up to 1:500 | - | Yes |
| Standard | $100 | 0.3 pips | up to 1:500 | $8/Lot | Yes |
| VIP | $10,000 | 0.1 pips | up to 1:500 | $7/Lot | Yes |
Leverage
MurrenTrade offers maximum leverage of up to 1:500, offering traders the opportunity to expand their trading positions with relatively little capital.
MurrenTrade Fees
MurrenTrade offers different spreads and commissions across its account types to suit different trading preferences and budgets.
Classic accounts start with a spread of 1.2 pips, with no commission per lot.
In contrast, standard accounts offer narrower spread, starting with 0.3 pips, but charge a commission of $8 per lot.
For professional traders or institutional investors, VIP accounts offer the narrowest spread, starting at 0.1 pips and reducing the commission to $7 per lot.
Trading Platform
MurrenTrade offers the MetaTrader 5 (MT5) platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
Deposit and Withdrawal
Specific information about the deposit and withdrawal procedures is not publicly displayed on its official website.
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