Mitto Markets Review

Category: Reviews | Author: Trading Brokers | Date: April 2, 2024

With its head office in London, the United Kingdom, Mitto Markets is a financial services provider that offers online trading in forex, shares, ETFs, futures and options. You can choose from a selection of versatile trading platforms for web, desktop and mobile devices. I found them to have ultra-low-cost trading and a high level of service where each client is treated as an individual and with a personalised approach. This is something that you don’t see with much larger brokers for whom it would not be feasible to look after each client in such a way. By offering the widest range of tradable products, mid-market price execution and having a live trader on hand from 8am – 9pm, Mitto Markets can deliver the best in class for active traders.

Pros & Cons

  • Great choice of advanced trading platforms and apps
  • Decent selection of financial instruments to trade
  • Very competitive trading conditions
  • Low spreads and reliable execution speeds
  • Portfolio management service
  • No minimum deposit required
  • Excellent and personalised customer service
  • No standalone trading tools
  • Limited account funding methods
  • Lack of educational resources
  • No cryptocurrencies currently
  • Cannot accept clients from some countries


Founded in 2020, Mitto Markets is an online brokerage firm that was created by traders to satisfy the needs of different types of retail traders. The broker provides their clients with various intuitive platforms for convenient access to the markets where you can choose to trade multiple financial instruments. You are able to execute your trades at inter-bank rates and gain access to dark-pool liquidity like a hedge fund, regardless of your wealth. Their mission is to provide a platform to buy or sell any regulated listed product without restriction or costly add-ons.

They also provide some helpful educational resources for beginners and a free demo account if you want to get a feel for what they have to offer and test out the various platforms without any risk involved. However, the thing that impressed me the most about this broker is the personalised approach and transparency, particularly from the founder who is readily available to discuss your needs, along with a responsive and knowledgeable support team. There is no minimum deposit required to open an account whilst you can choose between self-directed trading or a full portfolio management service.

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AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


When it comes to choosing a broker, regulation is one of the first things that I look for. This is because a regulated broker can provide certain protection that an unregulated broker cannot. I was therefore pleased to see that Mitto Markets is authorised and regulated by the Financial Conduct Authority (FCA). I personally consider this to be top-tier regulation and would therefore have no problem using the broker for my day trading activity. Regulation means that they must follow strict rules and procedures that have been put in place to protect investors. It gives me the peace of mind they will operate in an honest and transparent manner. All eligible accounts are also covered by the Financial Services Compensation Scheme (FSCS). Mitto Markets does not hold any client funds and uses third-party custodian services.


Mitto Markets is a global broker and can accept clients from most countries with notable exceptions being the US, Canada, and Australia. If you discover that you cannot open an account with them for whatever reason, please feel free to peruse our broker reviews for some alternative options instead.


Mitto Markets provides you with a good choice of professional yet user-friendly trading platforms, with the ever popular MetaTrader 4 (MT4) platform and the powerful Trader WorkStation (TWS). These platforms are both excellent for day trading on all of your devices. I personally prefer to use MT4 as it was the first trading platform that I became accustomed to and I have never felt the need to switch to anything else. It does everything that I need it to and more. I think it is the ideal platform for manual and automated trading for users of all experience levels. That being said, TWS is an excellent platform in its own right but not as readily available. This means you might not find it with many other brokers should you decide to switch providers down the line. The broker also provides access to your account from your phone vie the aptly named Handy Trader app.

MetaTrader 4 (MT4)

MT4 is a fully-featured trading software packed with interactive charting tools for advanced technical analysis of currency and commodity pairs. It is designed with an intuitive interface to suit all levels of traders. Various strategies can be executed using the market and pending orders whilst trading from the chart. Traders can also access a library of trading robots to implement algorithmic strategies, as well as see their trade history and get financial news. The platform is available in desktop, web, and mobile versions. I would say this is one of the most popular forex trading platforms if that is your preferred market.

MetaTrader 4 (MT4) Platforms

MetaTrader 4 (MT4) Platforms

Trader WorkStation (TWS)

The TWS is a downloadable multi-asset platform that allows you to trade shares, forex, CFDs, funds, futures, and options. It has an advanced workspace containing real-time account balance and margining data, comprehensive news, and specialized tools such as SpreadTrader and OptionTrader. The multiple window view in Mosaic offers impressive streamlining capabilities, which can be enhanced and customized to suit a professional trader’s needs.

Trader Workstation (TWS)

Trader Workstation (TWS)

Handy Trader

The Handy Trader trading application provides electronic access to stocks, options, forex, and futures on multiple market destinations around the globe. Handy Trader supports real-time market data and charts, and allows you to transmit orders instantaneously or use an order ticket. Handy Trader uses a state-of-the-art routing technology that searches for the best price available at the time of your order and dynamically routes and re-routes all or parts of your order to achieve optimal execution. In addition, you can monitor your trades and enjoy immediate access to your account balances and portfolio data wherever you go.

Handy Trader

Handy Trader


Credo provides access to whole of market, multi-asset class investments and incorporates research, portfolio modelling, trade execution, global custody (onshore & offshore), white-labelled investor reporting, an online investor portal and support for 14 currencies. A Managed Portfolio Services is also available.


I feel as though the provided platforms have more than enough tools for retail traders to conduct thorough market analysis and manage trades with the utmost efficiency. Furthermore, you will find an abundance of free and paid add-ons for the platforms to further enhance their features and functionalities. You can even develop your own trading tools should you have the programming skills to do so. If not, you can always hire a freelancer to bring your ideas into reality. Whatever the trading strategy is that you have in mind, chances are that you can build it using the platforms and plethora of trading tools at your disposal. Other than that, there are no standalone trading tools on the Mitto Markets website at the moment. I think they could improve by integrating tools such as Autochartist and Trading Central, both which are freely available through competitors such as GO Markets.


I did find the educational content to be lacking. The broker does have a section dedicated to trading ideas where you can get some inspiration for your trades with videos and market commentary. However, they don’t have a dedicated traders academy so you won’t find any free trading guides or tutorial videos. I think they could improve in this area but it is not really a deal breaker when you consider there is lots of free content available elsewhere online. You also have the option of a free demo account which can be a good way to get some hands-on experience. If you are a beginner and want access to as much educational material as possible, Admirals have a vast selection.


Mitto Markets has a truly multi-asset product line-up allowing you to trade across equities, mutual funds, ETFs, CFDs, FX, futures and options. Share dealing available in ISA and SIPP accounts, too. I think there should be enough choice for everyone to build a diversified portfolio, regardless of your interests. That being said, IG have around 17,000 options which puts them out way ahead.

Equities & ETFs

Trade shares in 135 different markets and take advantage of sophisticated trading tools, including mid-market order execution. Stock lending is available, too.

Futures & Options

Clients can hedge a position or speculate on volatile markets. Use advanced trading technology to build complex multi-leg strategies.


You can get direct access to inter-bank spot rates and trade forex with no mark-ups, no spread, just an ultra-low transparent commission.


You can trade CFDs alongside your underlying shares without netting off. Mitto Markets will match the exchange quoted price for true best execution. They don’t believe in ‘indicative pricing’, nor do they take the other side of your trade. I much prefer this non dealing desk brokerage model compared to a market maker who can take the opposite side of your positions. This may lead to a conflict of interest.

Mutual Funds

There is a great selection of 30,000+ funds available worldwide with no custody fees. You can pick funds from Allianz, BlackRock, Fidelity, MFS, PIMCO and many more.

Portfolio Management

Mitto Markets has an in-house portfolio management service which offers three risk profiles that are cautious, balanced and adventurous. The actual asset allocation breakdown will be shown on the Investment Management Agreement. For more detail including specific risk parameters and performance, you can reach out to them and discuss your bespoke requirements.


The broker keeps things nice and simple when it comes to accounts. You won’t find a massive selection with different spreads, commission fees and required balances. As mentioned above, this broker treats clients equally which is refreshing. There is also no minimum deposit requirement on each of the accounts so you can get started with whatever you feel comfortable with. The available account types are as follows:

  • ISAs
  • SIPPs
  • Standard Investment Account


The broker really excels when it comes to customer support. I have been let down by brokers in the past who take an age to respond, if at all. Mitto Markets on the other hand provide fully dedicated support network, on hand am to pm. In practise, this means ultra-quick response times to queries and no charge extra if you prefer to speak to a fully qualified broker over the phone. All clients’ general, technical, and account-based inquiries are channelled to a knowledgeable customer support team, who can be contacted via telephone, email, social media, and an online contact form. It is great to see that they actively communicate with traders and welcome feedback to help them further improve the already sound services that they provide.


At the moment, the broker only accepts bank wire transfers for both account deposit and withdrawal purposes. I do find this to be quite limiting and think they could improve by implementing some more modern forms of payment such as digital wallets. I would find this a quicker and more convenient way to move funds around. I don’t always want to wait days for a bank transfer to clear, especially if there is some market news that I need to try and quickly capitalise on. For a wider variety of payment options including care payment and digital wallets, you may want to consider another broker such as Pepperstone.


Overall, there are many aspects of Mitto Markets that impress me. The personalised approach and one on one support are not things that you see very often in the brokerage industry. I like how they operate in an open and honest manner, with very competitive trading conditions that emphasises quality pricing and execution over broker profits. They provide you with various intuitive trading platforms and apps to ensure seamless trading with a good range of financial markets to choose from. Despite the positives, I think there is some minor room for improvement. I would like to see them implement some standalone tools to assist with market analysis and some educational content for beginners. Furthermore, some additional payment options would make for more convenient account funding. Other than that, I think they are certainly worth consideration for anyone looking to trade online in a regulated environment with minimal fuss.

Mitto Markets Logo


Mitto Markets is a financial services provider that offers online trading and portfolio management services. They have a good selection of trading platforms and apps with very competitive conditions and excellent customer service.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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