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Mitrade Enhances Client Fund Protection with $1 Million Insurance

Home » Mitrade » Mitrade Enhances Client Fund Protection with $1 Million Insurance
Last Updated: Apr 29, 2025 @ 3:09 pm

April 2025 – Mitrade, an award-winning Contract for Difference (CFD) trading platform, has introduced a comprehensive Client Fund Insurance Policy, offering traders an additional layer of financial protection. Fully funded by Mitrade and underwritten by Lloyd’s of London, this policy provides coverage of up to $1,000,000 in the unlikely event of company insolvency.

Comprehensive Protection at No Extra Cost

Mitrade’s Client Fund Insurance Policy is automatically provided to all eligible traders at no additional cost. This policy complements existing safeguards, including segregated funds and professional indemnity insurance, to ensure robust protection of client capital. Coverage applies to amounts exceeding an initial threshold of $20,000, with claims payable subject to an excess amount, as outlined in the applicable terms.

Triple-Layered Security Framework

Mitrade’s commitment to trader protection is reflected in its comprehensive security framework:

  • Licensed and Regulated: Mitrade Holding is authorized and regulated by the Cayman Islands Monetary Authority (CIMA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission (FSC).
  • Segregated Funds: Client funds are held separately from Mitrade’s operational funds, ensuring they are not used for company activities.
  • Excess of Loss Insurance: The Client Fund Insurance Policy provides an additional layer of protection, covering up to $1,000,000 for qualifying claims in the event of company insolvency.

Commitment to Trader Confidence

Mitrade’s initiative to introduce the Client Fund Insurance Policy underscores its dedication to enhancing trader confidence and financial security. By going beyond regulatory compliance, Mitrade sets a new standard in trader protection within the CFD trading industry.

About Mitrade

Mitrade is a global CFD trading platform that offers a user-friendly interface, competitive spreads, and a wide range of trading instruments. With a commitment to transparency and client protection, Mitrade provides traders with the tools and resources needed to navigate the financial markets confidently.

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Feature XM
XM Since 2009
Mitrade
Mitrade Since 2011
Rating★★★★☆4.5/5★★★★☆4.2/5
RegulationCySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)ASIC (Australia), CySEC (Cyprus)
Min Deposit$5$50
Typical Spread0.800.70
Leverage (Max)1:301:200
PlatformsMT4, MT5, Mobile, Proprietary, WebMobile, Proprietary, Web
InstrumentsAlgriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDsAlgriculture, Commodities, Energies, Indices, ETF, Forex, Metals, Stock CFDs
BonusYesNo
Robo Trading AllowedYes
Hedging AllowedYesYes
Scalping AllowedYes
Swap‑Free / IslamicYes
ActionVisit BrokerRead Review
XM

XM

Since 2009
Rating
★★★★☆4.5/5
Regulation
CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit
$5
Typical Spread
0.80
Leverage (Max)
1:30
Platforms
MT4, MT5, Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
Mitrade

Mitrade

Since 2011
Rating
★★★★☆4.2/5
Regulation
ASIC (Australia), CySEC (Cyprus)
Min Deposit
$50
Typical Spread
0.70
Leverage (Max)
1:200
Platforms
Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Energies, Indices, ETF, Forex, Metals, Stock CFDs
Bonus
No
Hedging Allowed
Yes
XM

XM

Since 2009
Rating
★★★★☆4.5/5
Regulation
CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit
$5
Typical Spread
0.80
Leverage (Max)
1:30
Platforms
MT4, MT5, Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
Mitrade

Mitrade

Since 2011
Rating
★★★★☆4.2/5
Regulation
ASIC (Australia), CySEC (Cyprus)
Min Deposit
$50
Typical Spread
0.70
Leverage (Max)
1:200
Platforms
Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Energies, Indices, ETF, Forex, Metals, Stock CFDs
Bonus
No
Hedging Allowed
Yes

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