M4Markets Review – Uncovering the Truth
M4Markets is a brokerage firm situated and authorized in Seychelles. It presents an extensive array of trading options. With a wide selection of 72 currency pairs and various CFDs on indices, precious metals, energy commodities, and stocks, traders can access leverages of up to 1:500.
In addition to their competitive spreads, clients can opt for one of three account types – Standard, VIP, and Elite – and enjoy trading on the reliable MetaTrader 4 platform. For further details about their offerings, check out the M4Markets review provided.
Before we go any further, we suggest reading our brokerage reviews on FXChoice, Fibo Group, and Duplitrade.
| Broker status: | Offshore Broker |
| Regulated by: | Financial Services Authority of Seychelles, CySEC |
| Websites: | m4markets.com |
| Regulators’ Complaints: | SC Malaysia |
| Owned by: | Trinota Markets Limited |
| Headquarters Country: | Seychelles |
| Foundation year: | 2020 |
| Supported Platforms: | MT4, MT5 |
| Minimum Deposit: | $5 |
| Cryptocurrencies: | No |
| Types of Assets: | Yes – FX, commodities, indices, shares |
| Maximum Leverage: | 1:1000 |
| Free Demo Account: | Yes |
| Accepts US clients: | No |
Is M4Markets a Licensed and Secure Broker?
M4Markets is not licensed by the FCA, ASIC, or BaFin, which are considered top-tier regulatory bodies in the financial industry. The broker lacks Tier 1 regulation, which could be a factor to consider for traders seeking higher levels of investor protection.
We looked through the regulatory databases of the FCA (Financial Conduct Authority), ASIC, and BaFin to confirm if M4Markets was regulated by them. However, unfortunately, we couldn’t locate M4Markets anywhere.
Note: M4Markets has recently disclosed that it obtained a CySEC license and will begin providing its services and products to traders in Europe. Also, they have a license from the Financial Services Authority of Seychelles.
M4Markets is a forex broker that offers low-cost trading and favorable trading conditions. Yet, it has faced regulatory warnings and some scam allegations.
Warnings From Financial Regulators
M4Markets was found to be operating without a valid license in Malaysia. Subsequently, the Malaysian regulatory body received numerous complaints against the broker, prompting the issuance of a public warning.
The warning serves to inform Malaysians that M4Markets is not authorized to provide financial services within the country. It calls on anyone currently engaged with the broker to report it to the authorities immediately. It is crucial for potential traders to heed this caution and avoid falling prey to any deception.
M4Markets Trading Software – Is MetaTrader 4&5 Available?
M4Markets includes MetaTrader4 as their platform, which is highly regarded by traders around the globe. MetaTrader4 was launched in 2005 by Meta Quotes and has since remained a top choice for many traders due to its reliability and compatibility with algorithmic trading.
The platform offers customizable trading bots known as Expert Advisors, along with a variety of customizable market indicators like Ichimoku cloud, Bollinger bands, Fibonacci retracement, Stochastic oscillator, the Relative strength index, and Exponential moving average. Besides, MT4 provides excellent charting tools, making it an ideal choice for traders.
Mobile Apps For Android and IOS
As a provider of MetaTrader, M4Markets caters to traders who seek versatility. This goes without saying. The company offers top-of-the-line MT4 and MT5 apps for Android and iOS devices, seamlessly bridging the gap between traders and the markets.
With just a single click on the link, traders can easily access and download the app onto their devices. This enables them to log in and begin trading anytime, anywhere.
Trading Assets and Instruments
This forex broker offers an extensive variety of trading options. These include 72 currency pairs, commodities such as gold, oil, and natural gas, as well as shares and indices.
Crypto assets are not available. However, clients can select from two trading accounts, the RAW account featuring a commission-free option with a 0.0 pip spread or the regular account with typical trading conditions.
M4Markets Broker’s Active Locations
This is an offshore broker based in Seychelles. As stated on the M4Markets’ official website, the broker refrains from operating within the territories of certain countries.
It can be speculated that this is likely due to the strict financial regulations in these regions. Moreover, as a law-abiding firm, M4Markets aims to avoid any potential legal repercussions.
Note: This broker has a wide range of areas of activity, including Malaysia, Nigeria, Cyprus, India, and the United States.
M4Markets List of Account Types
M4Markets offers its clients a choice of three distinct account types:
- Standard
- RAW Spread
- Premium
The key differentiator among them is the spread, with the RAW Spread account featuring spreads as low as 0.0 pips. Besides, there are variations in the leverage and the minimum deposit required for each account type. Notably, clients should take note that commission charges for equities trading apply to all account types, including the RAW Spread account.
Can a Trader Use a Demo Account?
M4Markets provides a free demo trading account for those new to forex trading. With this account, beginners can practice trading without any potential loss of funds.
The demo account allows traders to test their strategies. It also lets them familiarize themselves with the platform’s features before venturing into live trading. This offering highlights M4Markets’ commitment to supporting its clients’ trading journeys.
M4Markets Promotions – How Does The Program Work?
It’s worth exercising caution when dealing with offshore brokers. They may use enticing bonus offers to restrict clients’ withdrawals, tying them to unclear agreements. In contrast, M4Markets offers new clients a bonus of up to 50% on their initial deposit and the opportunity to earn up to $5,000 in profits.
However, it’s important to note that withdrawal of funds is only possible upon meeting a specified rollover requirement. We advise traders to remain alert and do their due diligence before engaging with any trading platform.
About M4Markets Terms and Conditions
The broker has transparent legal documents. This company claims that traders can conduct trades with minimal expenses, allowing them to maximize their profits.
Similarly, the broker provides educational resources and 24/5 customer support, enabling traders to access helpful tools and assistance when they need it. These advantages make M4Markets an attractive choice for many traders.
Leverage, Spreads, and Fees
M4Markets allows traders to access significant trading positions through the use of leverage. This feature enables traders to potentially multiply their profits. Keep in mind that it also means that losses can be amplified if trades go against them.
Traders can access leverage of up to 1:1000. This means that they can control a much larger position with a relatively small investment. It is important to note that while leverage can magnify profits, it also increases the potential risk of loss.
What Should I Do if I Have a Problem With M4Markets?
If you have fallen victim to a scam by M4Markets or any other broker, do not hesitate to reach out to us. We have extensive experience in dealing with these types of situations and have already helped many. We are here to help you too.
In addition, if you are seeking assistance with chargebacks, our team of chargeback specialists is available for a free consultation. Our specialists have a wealth of knowledge and expertise in navigating chargeback procedures.
What Is M4Markets?
M4Markets is a forex broker that offers low-cost trading and favorable trading conditions.
Is M4Markets a Regulated Broker?
It is regulated by the Financial Services Authority (FSA) of Seychelles. However, it has faced regulatory warnings.
Is M4Markets Available in the United States or the UK?
M4Markets is not available in the United States or the UK. This is crucial to remember.
Does M4Markets Offer a Demo Account?
This broker offers a free demo account for traders to practice trading in a risk-free environment.