MTrading Verification is a 4-step identity authentication process that includes verifying the mobile number, uploading proof of identity (POI), and completing a liveness check through a selfie photo.
After verifying your account, you can begin trading in 3 different markets, including stocks, Forex, and metals with low spreads from 0.0 pips.
MTrading KYC Key Steps
After completing the MTrading registration, full access to all platform features is available by completing the identity authentication process with the MTrading broker.
MTrading Verification overview:
- Accessing the MTrading "Verify Account" section;
- Completing personal details and verifying mobile number;
- Uploading identity documents and a selfie for liveness check;
- Reviewing document status in the account profile.
Here's what you need to verify your MTrading account:
Verification Requirement | Yes/No |
Full Name | Yes |
Country of Residence | Yes |
Date of Birth Entry | No |
Phone Number Entry | Yes |
Residential Address Details | Yes |
Phone Number Verification | Yes |
Document Issuing Country | Yes |
ID Card (for POI) | Yes |
Driver’s License (for POI) | No |
Passport (for POI) | Yes |
Residence Permit (for POI or POA) | No |
Utility Bill (for POA) | No |
Bank Statement (for POA) | No |
2-Factor Authentication | No |
Biometric Face Scan | Yes |
Financial Status Questionnaire | No |
Trading Knowledge Questionnaire | No |
Restricted Countries | Yes |
#1 Accessing the MTrading "Verify Account" Section
Begin the trader authentication process on the MTrading broker by going through the following steps:
- Log in to the MTrading account dashboard;
- Click on the "Verify Account" option to initiate the KYC process.
#2 Completing Personal Details and Verifying Mobile Number
Enter personal information, including:
- First name
- Last name
- Mobile phone number
- Country of residence
- Region
- City
- Full address
Click on the "Save and Continue" button to proceed.
Enter the 6-digit code received on the mobile phone into the designated field. Click "Verify Number" to confirm the mobile verification.
#3 Uploading Identity Documents and a Selfie for Liveness Check
Select the country of residence and choose the type of document for Proof of Identity (POI). Options include a national ID card and passport.
Upload clear front and back photos of the chosen document. Click "Continue" to proceed.
Take a selfie using the system’s webcam or manually upload a selfie image to complete the Liveness Check. Click "Continue" after submission.
#4 Reviewing Document Status in the Account Profile
Return to the account dashboard and click on the "Profile" option to check your account’s current status.
MTrading Verification in Comparison to Other Forex Brokers
The following table gives a detailed comparison of the account verification documents required by MTrading and three other brokers.
Verification Requirement | MTrading Broker | |||
Full Name | Yes | No | No | No |
Country of Residence | Yes | No | Yes | No |
Date of Birth Entry | No | No | Yes | No |
Phone Number Entry | Yes | No | No | No |
Residential Address Details | Yes | No | Yes | No |
Phone Number Verification | Yes | No | No | No |
Document Issuing Country | Yes | No | Yes | No |
ID Card (for POI) | Yes | Yes | Yes | Yes |
Driver’s License (for POI) | No | Yes | Yes | Yes |
Passport (for POI) | Yes | Yes | Yes | Yes |
Residence Permit (for POI or POA) | No | Yes | Yes | No |
Utility Bill (for POA) | No | Yes | Yes | Yes |
Bank Statement (for POA) | No | Yes | Yes | Yes |
2-Factor Authentication | No | No | No | No |
Biometric Face Scan | Yes | No | Yes | No |
Financial Status Questionnaire | No | No | Yes | No |
Trading Knowledge Questionnaire | No | No | No | No |
Restricted Countries | Yes | Yes | Yes | Yes |
TF Expert Suggestion
The MTrading verification process is completed in under 10 minutes when documents are ready in advance. Accepted documents include national ID card and passport.
With a verified account, you can access the MTrading deposit and withdrawal methods. Further instructions are provided on the MTrading tutorial page.
