M4Markets Review 2023

2.5
/ 5
M4Markets is #107 in our CFD broker rankings.

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


Trusted

Demo Account

Copy Trading

MetaTrader 4
$5
MT4, MT5
Forex, CFDs, indices, shares, commodities
50% deposit bonus up to $5,000
Neteller, Wire Transfer, FasaPay, Skrill, UnionPay
and 1 more

Forex Trading

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

Stock Trading

M4Markets gives clients access to 14 major stock exchanges, including the Nasdaq and FTSE.

CFD Trading

M4Markets offers CFDs across assets with up to 1:1000 leverage.

Copy Trading

M4Markets clients can use the Copy Trader app to mirror successful trading strategies in their accounts.

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).

2022 also saw M4Markets secure a license from the Cyprus Securities & Exchange Commission (CySEC). This means European traders can sign up and speculate on the broker’s suite of trading instruments. The company behind M4Markets bought CySEC-regulated ICC Intercertus Capital Ltd, which will trade under the name Harindale Ltd, which will operate as M4Markets Europe.

The company strives to provide cutting-edge technology and ultra-fast executions in a fair and safe trading environment.

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:

MetaTrader 5

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

Assets

M4Markets offers clients trading opportunities in the following:

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.

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
MT4 App

M4Markets also introduced a new social trading platform in 2022 – Copy Trader. The easy-to-use social trading application connects aspiring investors with experienced traders. Users can share market insights, swap tips and replicate positions across accounts. The free mobile app is a great tool for amateurs looking to find trading mentors and explore new markets.

M4Markets social trading platform
Copy Trader

Deposits

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.

Withdrawals

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). The broker’s European trading entity also holds a license with the Cyprus Securities & Exchange Commission (CySEC).

The firm does offer Negative Balance protection, which brings them in line with the likes of the FCA.

Additional Features

The broker offers minimal additional 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.

Benefits

Drawbacks

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.

Security

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 drawback is the 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.

Payment Methods

M4Markets Details

Minimum Trade 0.01 Lots
Regulated By FSA, CySEC
Account Types
  • PAMM
Islamic Account Yes
Mobile Apps Yes
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
ELWs No
REITs No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Yes (APIs)
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
Commodities
  • Gold
  • Silver

CFD Trading Details

FTSE Spread From 0.01
GBPUSD Spread Raw from 0.0 pips
Oil Spread From 0.01
Stocks Spread N/A
Leverage 1:1000

Forex Trading Details

GBPUSD Spread Raw from 0.0 pips
EURUSD Spread Raw from 0.0 pips
EURGBP Spread Raw from 0.0 pips
Assets 50

Cryptocurrency Trading Details

Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No

Compare M4Markets

Compare M4Markets with similar brokers that accept traders from your location. Among available brokers these are the most similar to M4Markets:

  1. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  2. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex
  3. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group

M4Markets Comparison Table

Compare M4Markets With Similar Brokers
M4Markets Just2Trade World Forex IG Group
Rating 2.5 3.5 4 4.4
Markets Forex, CFDs, indices, shares, commodities Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
Demo Account Yes Yes Yes Yes
Minimum Deposit $5 $100 $1 $0
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators FSA, CySEC CySEC, NFA, FINRA, Bank of Russia SVGFSA FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
Bonus 50% deposit bonus up to $5,000 Up to $2,000 for professional accounts 100% Deposit Bonus
Education No No No Yes
Platforms MT4, MT5 MT4, MT5, TradingCentral MT4, MT5 MT4, AutoChartist, TradingCentral
Leverage 1:1000 1:20 1:1000 1:30 (Retail), 1:250 (Pro)
Payment Methods 6 20 10 6
Visit Visit Visit Visit
Review M4Markets
Review
Just2Trade
Review
World Forex
Review
IG Group
Review

Compare Trading Instruments

Compare the markets and instruments offered by M4Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare M4Markets Trading Instruments
M4Markets Just2Trade World Forex IG Group
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No No No Yes
Silver Yes Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes No Yes
Options No Yes No Yes
ETFs No Yes No Yes
Bonds No Yes No Yes
Warrants No No No Yes
Spreadbetting No No No Yes
Volatility Index No No No Yes

M4Markets vs Other Brokers

Compare M4Markets with any other broker by selecting the other broker below.

M4Markets vs

FAQ

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. M4Markets is also regulated by the CySEC for European traders.

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.

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