M4Markets Review 2021

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M4Markets Facts & Figures

M4Markets is a forex broker offering deposit bonuses with MT4 & MT5 tools.

Bonus50% deposit bonus up to $5,000
InstrumentsForex, CFDs, indices, shares, commodities
Demo AccountYes
Min. Deposit$5
Payment MethodsFasaPay, Neteller, Skrill, UnionPay, Wire Transfer
Min. Trade0.01 lots
Regulated ByFinancial Services Authority (FSA)
MetaTrader 4Yes
MetaTrader 5Yes
STP AccountNo
ECN AccountNo
DMA AccountNo
Mobile AppsYes
Auto TradingYes (APIs)
Social TradingNo
Copy TradingYes
Trade SignalsYes
Islamic AccountYes
M4Markets offers CFDs across assets with up to 1:1000 leverage.
FTSE SpreadFrom 0.01
GBPUSD SpreadRaw from 0.0 pips
Oil SpreadFrom 0.01
Stocks SpreadN/A

Buy and sell over 50 currencies with zero pip spreads available.

GBPUSD SpreadRaw from 0.0 pips
EURUSD SpreadRaw from 0.0 pips
EURGBP SpreadRaw from 0.0 pips
Risk Warning – Your capital is at risk

M4Markets is a global CFD broker specialising in trading forex, commodities and indices on MT4 and MT5. The regulated brokerage also offers mobile investing alongside deposit bonuses. Our review covers the registration and login process, withdrawal fees, account options and more. Sign up and start trading today.

M4Markets Details

M4Markets, a trading name of Trinota Markets Global Limited, was established in 2019. The broker offers global services from its head office in the Seychelles and is licensed by the Financial Services Authority (FSA). The company strives to provide cutting-edge technology and ultra-fast executions in a fair and safe trading environment.

Trading Platforms

M4Markets offers the industry-recognised MetaTrader 4 and MetaTrader 5 terminals. You can download both platform options to desktop devices or trade through major web browsers.

MetaTrader 4

Perfect for beginners, the customisable MT4 platform offers:

M4Markets MetaTrader 4
M4Markets MT4 trading platform

MetaTrader 5

Aimed at experienced traders, the MT5 platform offers additional analysis and execution tools:

M4Markets MetaTrader 5
M4Markets MT5 trading platform


M4Markets offers clients trading opportunities in the following:

Our review would have been pleased to see popular cryptos such as Bitcoin also made available to traders.

M4Markets Fees

The broker provides commission-free trading under the Standard account for forex and commodities. The VIP and Elite accounts are subject to commissions up to $3.50 per side. A small commission is charged for equities trading across all three accounts.

Spreads vary with market conditions. The Standard account offers spreads from 1.1 pips. Both the VIP and Elite accounts offer highly competitive raw spreads from zero pips across forex, commodities and indices.

The broker does charge swap rates for positions held overnight, further details of which can be found on the company website. Non-trading fees such as inactivity charges should also be considered.

Leverage Review

Forex leverage offered by the broker varies by account type. The Standard account offers leverage up to 1:1000. Note this is very high vs other brokers, especially for inexperienced traders. Although high leverage can increase profit potential, it also magnifies losses so ensure you have risk management strategies in place.

The VIP and Elite accounts offer forex leverage up to 1:500. Maximum leverage on commodities and indices is offered at 1:100 across all accounts.

M4Markets Mobile Apps

Both MT4 and MT5 are available as mobile applications, compatible with iOS and Android devices. The apps provide real-time quotes, full trading history, and access to all analytical functions so you can trade on the go. The same tight spreads and high leverage ratios are available to mobile traders as they are on the desktop platform. Built-in customer support and the full range of payment options are also available in the mobile apps.

M4Markets MetaTrader 4 mobile trading
M4Markets MT4 mobile app


Minimum deposit requirements vary by account option, the lowest found with the Standard solution at $5. The broker accepts deposits in all currencies but they must be converted into one of the following; USD, GBP, EUR, and JPY.

Payment methods include:

Note, minimum deposit amounts are subject to payment method requirements.


M4Markets does not charge a fee for withdrawals but payments must be processed back to the original deposit method. All withdrawals are subject to a processing time of up to one business day. This is fast and means traders can get hold of profits promptly vs other forex brokers.

Demo Account

The broker offers a demo account on the MT4 platform. Virtual funds, real-time data, and live trading conditions are offered to become familiar with the platform and test strategies risk-free. Registration is required via a simple online form available from the broker’s website.

M4Markets Bonuses

At the time of writing, M4Markets promoted a 50% deposit bonus up to $5,000 across all live accounts. Traders simply need to deposit using one of the available payment options and the broker will credit accounts with bonus funds. This is a great way to boost trading capital and explore new markets.

Note, always check bonus terms and conditions before signing up.

Regulation Review

M4Markets is regulated as a securities dealer by the Seychelles Financial Services Authority (FSA). Whilst obtaining regulation is a good sign, the FSA is not as highly regarded as the industry-renowned UK Financial Conduct Authority (FCA) or the Cyprus Securities & Exchange Commission (CySEC). Clients will not be provided the same level of protection. With that in mind, we’d recommend considering alternative brokers before opening an account.

Additional Features

The broker offers minimal additional trading features on its website. There is no education platform or training tools. An economic calendar is, however, integrated with the MetaTrader platforms. An extensive FAQ section is also available covering various topics such as registration and investing queries.

M4Markets news events
M4Markets economic calendar

Trading Accounts

M4Markets offers three different account types. All accounts present low spreads, 0.01 minimum lot trade size, and varying leverage to suit the needs of clients with diverse investment experience. All account currencies use USD, GBP, EUR, and JPY.

To open an account, an online form needs to be completed with identity documents and proof of residency to comply with M4Market’s AML and KYC policies.



Opening Hours

M4Markets follows standard office hours and 24-hour trading Monday to Friday. With that said, timings vary by instrument – visit the broker’s website for full details.

Customer Support

The broker offers a range of customer support options available 7 AM – 7 PM GMT:

The website also offers a comprehensive FAQ page.


M4Markets assures a safe and transparent trading environment. Client funds are held in segregated accounts. The broker also offers negative balance protection. Member areas and portal access are password-protected, with email verification steps for live account registration. The MetaTrader platforms also promise high-tech encryptions with secure logins and industry-standard data privacy.

M4Markets Verdict

M4Markets provides investing opportunities across the established MT4 and MT5 platforms. Traders also benefit from low minimum deposit requirements, bonuses and negative balance protection. The only major drawbacks are the limited regulatory oversight and relatively narrow product range. Still, the 1:1000 leverage and $5 Standard account requirement may attract beginners.

Accepted Countries

M4Markets accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use M4Markets from United States, Japan, Cuba, Canada, Iran, Sudan, Cyprus.

Alternatives to M4Markets

If you are looking for alternatives to M4Markets we have compiled a list of the top 5 brokers that are similar to M4Markets below. This list of brokers like M4Markets is in order of similarity and only includes companies that accept traders from your location.

  1. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  2. EagleFX – EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.
  3. Exinity – Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
  4. ZuluTrade – Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets
  5. Rockfort Markets – Rockfort Markets is a New Zealand broker with a competitive range of assets, trading platforms and market conditions.


Is M4Markets regulated?

Yes, M4Markets is the trading name of Trinota Markets Global Limited, regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA), license SD035.

What are the minimum deposit requirements for an M4Markets live account?

The minimum deposit requirement for the Standard account is $5, the VIP account is $500, and for the Elite solution, traders need $10,000.

Does M4Markets offer a demo account?

Yes, a demo account is offered on trading platforms with virtual funds to test strategies risk-free. Head to the M4Markets website to register for a demo account.

What trading platforms does M4Markets offer?

The broker offers the industry-renowned MetaTrader 4 and MetaTrader 5, both available for desktop and mobile trading.

Does M4Markets offer negative balance protection?

Yes, the broker offers negative balance protection for all retail clients. With that said, M4Markets is not regulated by a reputable provider so we would recommend a degree of caution.

M4Markets is a forex broker offering deposit bonuses with MT4 & MT5 tools.

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