About MRT
Overview
MRT is an online forex and CFD broker registered in the United States and founded on 17 October 2018. The broker operates under the domain mrt-capital.com and holds regulatory licenses from the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA) of South Africa.
Despite its US registration, MRT does not appear to be regulated by any US agency, which may raise questions about the extent of its oversight. The broker’s registration in the US combined with offshore licenses suggests it may cater primarily to international clients rather than domestic ones.
Regulatory Status
MRT reports two regulatory authorizations: an ASIC Market Making (MM) license in Australia and an FSCA Forex Trading License (EP) in South Africa. However, the status of these licenses is listed as unknown, indicating that they may not be fully verified or active.
For traders, regulatory clarity is a key concern. An unconfirmed license status means there is no guarantee that the broker operates under strict oversight, and clients may have limited recourse in case of disputes. The combination of a US registration with non-US regulators is atypical and warrants caution.
Trading Instruments and Platforms
Based on available records, MRT likely offers retail forex and CFD trading, given its regulatory licenses. Specific details on trading instruments (currency pairs, indices, commodities) or platform offerings (MetaTrader, proprietary web trader) are not publicly documented.
Potential clients should verify available assets and platform compatibility directly with the broker. The absence of widely advertised platform information can be a red flag for transparency.
Account Types and Funding
No official information is available regarding account tiers, minimum deposits, leverage options, or funding methods. As a retail broker, MRT would typically offer standard, pro, or Islamic accounts, but such details are not confirmed.
Traders must exercise due diligence before committing funds. The lack of published fee schedules or withdrawal policies increases uncertainty about the broker’s operations.
Target Audience
Given its regulatory structure, MRT appears to target retail traders outside the US, particularly in regions where ASIC and FSCA oversight is recognized. The broker’s US registration may be a corporate formality rather than an indicator of local service.
Without a clear compliance framework, the broker may not be suitable for risk-averse traders or those in strict regulatory jurisdictions.
Overview compiled by FXCanary from regulatory records and public data. full MRT review