Mitrade reports 900,000 additional users in 2022 as it now serves 2.4 million people with its CFD broker

Home » Trading Broker News » Mitrade reports 900,000 additional users in 2022 as it now serves 2.4 million people with its CFD broker

Mitrade, a retail FX and CFD broker, reported onboarding 900,000 customers in 2022, which would represent a 60% increase in customer accounts year over year, from 1.5 million users in early 2022 to 2.4 million clients now.

Under SIB licence number 1612446, Mitrade is an online trading company that is Cayman Islands Monetary Authority (CIMA) regulated. The Mauritius Financial Services Commission (FSC) has granted permission to and is in charge of another offshore organisation; its licence number is GB20025791.

The broker also runs Mitrade Global Pty Ltd, which has an Australian Financial Services Licence and is accredited and governed by the Australian Securities and Investments Commission (ASIC) (AFSL 398528).

In one year of zero commission trading and Crypto CFDs, 900,000 new members have joined

In 2022, Mitrade added a number of new features and enhancements to their platform, including sophisticated charting capabilities, the release of a PC client compatible with both Windows and MacOS, enhanced security protocols, and a modernised, slick user interface. Additionally, Mitrade introduced Crypto CFD instruments and zero commission trading last year for all items.

In the first quarter of 2023, the FX and CFD broker intends to launch Mitrade Academy, its own own learning management system.

“This impressive growth is a testament to the exceptional trading system that Mitrade offers to its traders. From advanced trading tools to top-notch customer support, Mitrade has made it their mission to create a seamless and enjoyable trading experience for all of its users. The company is thrilled to have reached this milestone and is excited to continue providing users with the best possible trading experience”, said Mitrade in a statement. “Mitrade wishes to extend their gratitude to all of its 2.4 million users for their support and trust in the platform. The future looks bright for Mitrade as the company continues to grow and innovate.”

The affiliate programme at Mitrade gives partners up to 50% of profits.

In an effort to foster a long-term partnership between the brand and affiliates, Mitrade debuted its own affiliate programme in late 2022, providing up to 50% of its profits to affiliate partners.

The cost-per-acquisition (CPA) and revenue share programmes are the two options available through the affiliate programme. Both programmes assist the affiliate partners in gaining access to exclusive offers that allow them to continuously make money for each new user they recruit to the platform.

Marketing materials are offered in many languages to assist affiliates in streamlining their campaign planning efforts given that Mitrade’s user base is spread across more than 80 nations.

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