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MurrenTrade

Item: MurrenTrade
Rating: 1.31

Saint Vincent and the Grenadines|2-5 years|

Suspicious Scope of Business|High potential risk|

https://goldiv.murrenfx.com/

Website

Open Account Time Machine

Rating Index

Contact

+92 3454777548

support@murrentrade.com

https://goldiv.murrenfx.com/

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

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No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!

Previous Detection : 2024-11-23

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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MurrenTrade · WikiFX Survey

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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.

Broker Information

Company Name

MURRENTRADE LIMITED

Abbreviation

MurrenTrade

Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Phone of the company

+92 3454777548

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Company address

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

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Customer Service Email Address

support@murrentrade.com

Company Summary

Review

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