Contents
- 1 M4Markets Basics
- 2 Our Opinion About M4 Markets
- 3 Regulation And Safety
- 4 M4Markets: Legit Or Scam?
- 5 M4Markets Trading Assets
- 6 M4Markets Registration – How To Open A Trading Account
- 7 M4Markets Registration – How To Verify A Trading Account
- 8 Forex Bonuses
- 9 M4Markets Payment Methods
- 10 M4Markets Deposits
- 11 M4Markets Withdrawals
- 12 M4Markets Trading Platforms
- 13 M4Markets Trading Tools
- 14 Education And Research
- 15 M4Markets Trading Hours
- 16 M4Markets Customer Support
- 17 Our Verdict
- 18 M4 Markets Forex Broker FAQ
- 19 Similar Brokers
M4Markets Basics
| 🏛️ Based in | Limassol, Cyprus |
|---|---|
| ⚖️ Regulation | CySEC, FCA, DFSA, FSCA |
| 💰 Minimum Deposit | $5 (2000 Naira) |
| 💳 Deposit Options | VISA, MasterCard, Bank Wire, Skrill, FasaPay, Neteller, Perfect Money, Vload, Sticpay, Bitwallet, and UnionPay. |
| 💳 Withdrawal Options | VISA, MasterCard, Bank Wire, Skrill, FasaPay, Neteller, Perfect Money, Vload, Sticpay, Bitwallet, and UnionPay. |
| 📌Open an account | Start Trading with M4Markets |
Our Opinion About M4 Markets
M4Markets is an online forex broker. They are a regulated company with a licence from CySEC. They provide an excellent online trading experience, as well as great customer service, and fantastic trading tools. M4Markets is very popular within the industry and they have won several awards in recognition of their forex trading services.
When it comes to their trading accounts, M4Markets places a high value on speed and transparency. They have a simple business model which is based on three main account types – the Standard Account, the Premium Account, and the Raw Account. M4Markets has a nice range of asset classes, including forex, stocks, indices, and cryptos. They also have good trading conditions such as high leverage, low spreads, and fast trade execution.
When it comes to their trading resources, M4Markets places a high value on technology and support. They have great forex trading platforms – including the MT4 and MT5 trading platforms. They also provide useful trading tools to help you manage your trades.So, if you trade with M4Markets, then you will have everything you need to analyse the markets, create trading strategies, and manage your risk.
Regulation And Safety
M4Markets is a licensed forex broker. The M4Markets Group consists of two companies, both of which have M4Markets as their trade name. This business model, while complicated, allows them to operate in European countries. The Group has licences from two reputable financial authorities.
M4Markets Subsidiary (Licence no: 301/16): Harindale Ltd (formerly ICC Intercectus Capital Ltd) is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC is the financial regulatory authority of Cyprus and, as an EU member state, CySEC’s financial regulations and operations comply with the European MiFID II financial regulations. Licence no: 301/16
M4Markets Subsidiary (Licence no: SD035): M4Markets is regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA). The FSA is established under the Financial Services Authority Act 2018. The regulator’s key responsibilities include the licensing, supervision and development of non-bank financial services in Seychelles.
Regulations In Europe
Traders in Europe can open an account with the CySEC-regulated business. The CySEC-regulated business operates with a high level of regulatory oversight. However, they are required to implement strict security and client fund protection protocols.
Client Fund Safety
M4Markets operates in line with all local regulatory requirements. They have a segregated accounts policy, which means that client money is kept separate from company money. This means that they cannot use your money for business purposes. It is especially important for traders who only want to open accounts with reputable companies. M4Markets also has a negative balance protection policy. This means that your account balance can never fall below zero. This is especially important for traders who are new to the financial markets and still learning about risk management. It means you cannot fall into any debt when trading.
Trading Awards
M4Markets is an award-winning broker. Its most recent awards include:
- Best Deposits & Withdrawals Broker, Fazzaco
- Best CFD Broker MENA, Global Business Review Magazine
- Best Trading Conditions Broker Asia, International Business Magazine
- Most Transparent Broker, World Finance Awards
- Best Trading Conditions Broker Global, International Business Magazine
- Best Customer Experience Broker, Forex Broker Awards
- Best Forex Broker LATAM, Global Business Review Magazine
M4Markets: Legit Or Scam?
M4Markets is a legit broker. They have been in business several years and have a growing client base in Europe. They are registered with CySEC, a reputable financial authority, and have client fund safety measures. They have also won awards for their trading services. In terms of their trading accounts, they offer good trading conditions and a nice variety of trading instruments. They also have a nice selection of payment methods. In our opinion, they are a legit broker and a good choice for traders in Europe.
M4Markets Trading Assets
M4Markets offers trading on a wide range of financial markets including currencies, commodities, metals, indices, shares, and cryptocurrencies.
Trading Instruments
- Forex: M4Markets has many popular currency pairs including EUR/USD, GBP/USD, USD/CHF, and USD/JPY.
- Shares: They have CFD trading on shares. You can choose from many popular sectors such as technology, finance, transport, and energy.
- Indices: M4Markets has CFD trading on indices. You can choose from trade indices from the American, European, and Asian markets.
- Commodities: They have CFD trading on energies. You can trade many popular instruments including US Brent and Crude oil.
- Cryptocurrencies: M4Markets has CFD trading on crypto. You can choose from Bitcoin, Litecoin, Ripple, Ethereum, and more.
M4Markets Accounts
M4Markets offers four main trading accounts – the Standard Account, the Premium Account, the VIP Account, and the Dynamic Leverage Account. It also offers demo accounts and Islamic accounts.
| Type | Spreads | Min. Deposit | Max. Leverage | Commission |
|---|---|---|---|---|
| Standard | From 1.2 pips | $100 | 1:500 | $0 |
| Premium | From 0.8 pips | $5,000 | 1:500 | $0 |
| VIP | From 0.0 pips | $10,000 | 1:500 | $4 per side |
Standard Account
The M4Markets Standard Account is a great choice for new forex traders. It comes with an average spread of 1.2 pips and zero commission trading on some instruments. These are quite low trading costs. It also comes with high leverage of up to 1:500. The minimum deposit for this trading account is $100 and the minimum trade volume is 0.01.
Premium Account
The M4Markets Premium Account is the best choice for intermediate forex traders in Europe. It has raw spreads from 0.8 pips, but they do ask for a small commission fee on some trading instruments. It also has high leverage of up to 1:500. The M4Markets minimum deposit for this account is $5,000 and the minimum trade volume is 0.01.
VIP Account
The M4Markets VIP Account is the best option for expert forex traders in Europe. It has raw spreads from 0.0 pips, but they do apply a small commission fee on some trading instruments. It also has high leverage of up to 1:500. The M4Markets minimum deposit for this account is $10,000 and the minimum trade volume is 0.01.
Dynamic Leverage Account
M4Markets also offers a dynamic leverage account. It comes with leverage up to 1:5000 on FX Majors and a diverse range of assets such as currencies, metals, indices, and more. Plus, they automatically adjust leverage to decrease as your trading volume increases. Keep in mind that while leverage can amplify profits, it can also magnify losses. So trade wisely and take advantage of their features. With a minimum deposit of just $5, you can start trading on the dynamic leverage account today.
Demo Account
M4Markets also has a free demo trading account. The demo account uses virtual funds, rather than real money, so it is safe for new traders. You can use it to work on your online trading skills or to try out some new trading strategies. You can also use it to get a feel for the financial markets and what forex trading is really about.
Islamic Account
All of the M4Markets trading accounts are available as Islamic Swap-Free Accounts. To get an Islamic Account, choose this option when you first register for a trading account.
PAMM Account
M4Markets has a PAMM service. PAMM accounts allow European traders to invest in trading strategies implemented by expert account managers. A PAMM service can be very useful for beginners, as it means they can benefit from having a fully-managed investment portfolio.
M4Markets Registration – How To Open A Trading Account
As part of our M4Markets review, we looked at the online registration process. If you live in Europe, then you can register for a trading account with the CySEC-related business entity. To get started, you need to visit their website, fill in the registration form, and provide a few personal details. Then, you also need to give the login details you would like to use for your account. Next, you need to complete a quick trading online trading test. This will show them that you know how the forex market works, and that you are eligible to use their service. Then, finally, complete their KYC (‘Know Your Customer’) process. This will enable them to check your personal details and approve your trading account.
M4Markets Registration – How To Verify A Trading Account
As part of our M4Markets broker review, we also looked at the account verification process. To complete the KYC process, and verify your account, you’ll need to send them a proof of ID and a proof of address. You can provide copies of your National ID card, Passport or Driving License. You can also provide copies of a utility bill or a bank statement registered in your name. After you have verified your account, you can add funds and start trading.
Forex Bonuses
If you’re looking for a special promotion, M4Markets usually offers forex bonuses. Their offers usually include no deposit bonuses, welcome bonuses, and deposit bonuses. Their promotions change regularly and they always add their newest offers to the website. However, their bonuses are unusually unavailable in Europe, due to local regulations.
M4Markets Payment Methods
As part of our M4Markets broker review, we took a look at what payment options they offer. M4Markets has a straightforward registration process, with low minimum deposits, and several easy deposit methods. As such, funding your account is generally quite a simple process. They also offer a nice range of withdrawal methods, with low withdrawal fees, and fast transactions. As such, withdrawing money from your account is usually a simple process too. More details below.
M4Markets Deposits
M4Markets has a nice range of payment options including debit cards, credit cards, and bank transfers. They also have Skrill, FasaPay, Neteller, Perfect Money, Vload, Sticpay, Bitwallet, and UnionPay. The minimum deposit is different for each payment method, as is the minimum deposit fee. For example, deposits done via bank transfer are free, and processed within a few working days. Whereas, deposits done via debit card are free, and processed immediately.
M4Markets Withdrawals
M4Markets has a wide range of withdrawal options including debit cards, credit cards, and bank transfers. They also allow withdrawals via Skrill, FasaPay, Neteller, Perfect Money, Vload, Sticpay, Bitwallet, and UnionPay. The withdrawal time is different for each payment method, as is the withdrawal fee. For example, withdrawals done via bank transfer are free, and processed within a few working days. Whereas, withdrawals done via debit card are free, and processed the same day.
M4Markets Trading Platforms
M4Markets has two great trading platforms available – MetaTrader4 and MetaTrader5. The platforms are available on desktop, tablet, and mobile. This means that you can trade whenever you want, from wherever you want, as long as you use the internet.
MetaTrader4 (MT4) is an excellent online trading platform. It is very user-friendly. You can use it to trade forex, stocks, indices, and more. The M4Markets MT4 trading platform has helpful charting tools, 4 order execution types, 30 technical indicators, and 23 analytical objects. You can use these trading tools to do market analysis and make trades.
MetaTrader5 (MT5) is another great online trading platform. It has an easy-to-use interface. You can use it to trade popular markets including forex, shares, and crypto. The M4Markets MT5 trading platform also has many great features including 6 order execution types, 38 indicators, and 37 analytical objects.
M4Markets Trading Tools
M4Markets offers a number of free trading tools. These include:
- Economic Calendars – They provide a free economic calendar to help you monitor market news. The calendar includes many important economic data releases from around the world. It also includes detailed explanations and forecasts. As such, it helps make tracking news and predicting price movements a bit easier.
- Trading Calculators – They offer a small range of trading calculators that you can use to plan your strategy, manage your trades, and implement more effective risk management. The free trading calculators include a pip calculator, a Fibonacci calculator, a currency calculator and a pivot calculator.
Education And Research
They have a nice selection of learning resources designed to help you improve your trading. If you want to learn new trading skills, then you can join one of their free online trading webinars. And if you want help with your analysis, then you can take a look at their free online market analysis.
M4Markets Trading Hours
M4Markets operates during the standard market hours. You can open trades whenever the financial markets are open. Their trading hours might change on public holidays.
M4Markets Customer Support
They have a great customer support team. They are available 24/5 via live chat, email, or phone. You can also get in touch with them using the contact us form on their website. They are very helpful and offer great customer service. It’s worth noting that the customer support team is only available during usual market hours.
Our Verdict
M4Markets is a good online forex broker. The company was first set up in 2021 and is fast becoming a top brand in the forex industry. They provide easy account access, a wide range of trading resources, and helpful trading support. They also provide a safe trading environment and a good level of client fund protection.
M4Markets aims to offer a fair and reliable trading service. They have based their account model on these values. MRMarkets uses a competitive pricing model to ensure all European traders can enjoy great online trading conditions. M4Markets aims to offer great education and trading support. They have two of the best online trading platforms in the industry. They also provide customers with helpful tools, news, and market analysis.
If you’re new to online forex trading and want to know where to start, or if you’re an experienced European trader looking for a better platform to work with, check out M4Markets today. You won’t be disappointed.
M4 Markets Forex Broker FAQ
Yes, in our opinion, M4Markets is a good broker. They have a variety of different account types, some of which have low minimum deposits. They also offer a nice selection of trading assets, including forex, stocks, and, indices. In our opinion, M4Markets has good trading conditions and fair pricing, enabling you to access a good trading environment. They are a top broker and a good choice for traders in Europe.
Yes, M4Markets is a legit broker. They offer great trading products and have a large number of clients in Europe. They are registered with two well-known financial institutions, have strict client fund protection policies, and have won many awards for their forex trading services. M4Markets has a good choice of trading instruments and trading tools. In our opinion, they are a legit broker and great for traders in Europe.
Yes, M4Markets in Europe is a licensed forex broker. They are registered with the CySEC in Cyprus, and the FSA in the Seychelles. Traders in Europe can open an account with the CySEC-regulated business. This business operates with a high level of regulatory oversight. They implement strict security and client fund safety measures.
Yes, M4Markets in Europe is a good broker for beginners. M4Markets has good trading conditions, low trading costs, and fast trade execution. They also provide lots of free trading resources and educational materials. For example, beginner traders, who may need more help with their trading, get access to a library of trading webinars. This will help them learn new forex skills and increase their chances of trading profitably.
M4Markets in Europe is a good forex broker. They have great trading bonuses, helpful trading tools, and many educational resources. They also have great account types, helpful customer support, and good client fund security. However, if you want to look at other options before deciding, there are also other brokers operating in Nigeria. We recommend looking at HotForex, FXTM, FXPro, and Instaforex.
Ready to get started? Register for an online trading account with M4Markets here. Looking for more information? Check out our full forex broker list here.
