5paisa vs M4Markets

5paisa vs M4Markets Comparison Table 2021
5paisa M4Markets
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. M4Markets is a forex broker offering deposit bonuses with MT4 & MT5 tools.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None 50% deposit bonus up to $5,000
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, shares, commodities
Demo Account
No Yes
Minimum Deposit
INR 450 $5
Payment Methods
Wire Transfer FasaPay, Neteller, Skrill, UnionPay, Wire Transfer
Minimum Trade
No 0.01 lots
Regulator
SEBI Financial Services Authority (FSA)
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes (APIs)
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
INR -
CFD
CFD trading not offered M4Markets offers CFDs across assets with up to 1:1000 leverage.
Leverage
1:1000
FTSE Spread
From 0.01
GBPUSD Spread
Raw from 0.0 pips
Oil Spread
From 0.01
Stocks Spread
N/A
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Buy and sell over 50 currencies with zero pip spreads available.
GBPUSD Spread
N/A Raw from 0.0 pips
EURUSD Spread
N/A Raw from 0.0 pips
EURGBP Spread
N/A Raw from 0.0 pips
Assets
4 50