Online broker, M4Markets, has rolled a new feature in its client portal – Wallet Accounts. The new service lets clients fund their wallet rather than individual accounts, allowing for faster and more efficient trading. The new feature also comes with enhanced trading conditions, typically found with the broker’s VIP and Elite accounts.
Rather than overseeing multiple live accounts and adhering to varying deposit and processing times, clients can manage multiple accounts from their new wallet. Once funded, investors can quickly load trading accounts and seamlessly manage funds in line with different strategies and maintain open positions.
As well as faster funding and straightforward account management, the new feature unlocks VIP and Elite trading conditions. Rather than having to deposit the required amounts in individual accounts, once clients load the amount required for VIP and Elite conditions into their wallet, they will unlock the respective additional benefits, including lower fees.
M4Markets Head of Back Office, Maria Petraki, had this to say of the latest addition “We wanted to introduce Wallet Accounts because we understand that it gives clients a greater level of independence with managing their funds. Clients will now be able to transfer funds from their Wallet to their trading accounts efficiently, quickly and seamlessly.”
M4Markets is a relatively new broker, entering the scene in 2019, but already making a name for itself. Clients benefit from $5 minimum deposits, leverage up to 1:1000, plus both the MT4 and MT5 trading platforms.
Users can trade on over a dozen major indices, 50 forex pairs, including majors, minors and exotics, plus a modest selection of precious metals and energies. Clients also benefit from zero-pip spreads and welcome deposit bonuses up to $5,000 for new traders.
This latest Wallet Accounts feature from M4Markets shows it’s committed to enhancing the trading experience for customers. Anything that makes funding and online trading easier is likely to be well received by clients. And whilst early days for the broker, it’s certainly one to watch.