Mitrade reports 900,000 new users in 2022 as CFD broker now caters to 2.4 million

The FX and CFD broker has plans to release its very own education platform, Mitrade Academy, in the first quarter of 2023.

Retail FX and CFD broker Mitrade has announced it onboarded 900,000 users in 2022, which would represent a 60% growth in customer accounts year-over-year, from 1.5 million users in early 2022 to 2.4 million clients today.

Mitrade is an online trading brand authorized and regulated by Cayman Islands Monetary Authority (CIMA) under SIB licence number 1612446. Another offshore entity is authorised and regulated by Mauritius Financial Services Commission (FSC) – licence number is GB20025791.

The broker also operates Mitrade Global Pty Ltd, which is authorized and regulated by the Australian Securities and Investments Commission (ASIC), holding an Australian Financial Services Licence (AFSL 398528).

900,000 new users in a year of zero commission trading and Crypto CFDs

“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.”

Throughout 2022, Mitrade implemented several new features and upgrades to their platform, including advanced charting tools, launching a PC client available on both Windows and MacOS, improved security measures, and an updated sleek user interface. In addition, Mitrade launched zero commission trading on all products as well as Crypto CFD instruments last year.

The FX and CFD broker has plans to release its very own education platform, Mitrade Academy, in the first quarter of 2023.

Mitrade’s affiliate program offers up to 50% of profit to partners

In late 2022, Mitrade launched its in-house affiliate program, offering up to 50% of its profit to affiliate partners, in a move that promotes a long-term collaboration between the brand and affiliates.

The affiliate program offers two different schemes to choose from, cost-per-acquisition (CPA) and revenue share program. Both schemes help the affiliate partners access special deals where they can generate income on a continuous basis for every new user, they invite to join the platform.

As Mitrade’s user base come from over 80 countries worldwide, marketing materials are provided in different languages to help affiliates streamline their campaign planning efforts.