M4Markets Review

Overall, M4Markets is considered low-risk, with an overall rating of 8/10. In South Africa, M4Markets can be summarised as a reliable and reputable broker that is very competitive in terms of its trading fees and leverage offerings. M4M markets also offers quality educational training and materials.

M4Markets at a glance

Overall Rating

• 4.0/5

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OPEN AN ACCOUNT

Min Deposit

USD 5

Regulators

FSA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

M4Markets Review – 21 Key Point Quick Overview Revealed (2025):

1. M4Markets Overview
2. M4Markets Safety and Security
3. M4Markets Pros and Cons
4. M4Markets Leverage
5. M4Markets Account Types
6. M4Markets Market instruments
7. M4Markets Fees and Spreads
8. M4Markets Deposits and Withdrawals
9. M4Markets Trading platform
10. How to open an account with M4Markets
11. M4Markets Customer support
12. M4Markets Education
13. M4Markets Research
14. M4Markets Awards
15. M4Markets Bonuses and promotions
16. M4Markets vs EverestCM vs TigerWit – A Comparison
17. M4Markets Current Popularity Trend
18. M4Markets Customer Reviews
19. Conclusion
20. Disclaimer
21. Frequently asked questions

M4Markets Overview

According to research in South Africa, M4Markets is a regulated ECN CFD broker that is based in Mahé, Seychelles, and has been in operation since 2019.

M4Markets was based on the simple value that clients are a priority. Traders from around the world are provided with trading solutions and services in a safe and technologically advanced environment.

There are more than 60 financial instruments that can be traded through either MetaTrader 4 or MetaTrader 5. Traders are also offered a choice in three dynamic account types, each catering to traders according to their level of skill, knowledge, and experience.

M4Markets also offers traders a variety of promotions including a credit bonus and an Introducing Broker Reward which promises a 20% bonus on commissions when 21 lots have been traded.

M4Markets Safety and Security

When traders evaluate brokers, regulation is one of the most crucial components that must be considered. Regulated brokers are required to comply with stringent rules and regulations set by regulatory entities and through this, client fund security can be ensured.

The activities of regulated brokers are also overseen by such entities to ensure that there is no fraud or foul play, and to ensure that traders are always protected against such activities.

M4Markets is regulated as a Securities Dealer with respective regulation and authorization with the Seychelles Financial Services Authority (FSA) under license number SD025. The FSA is established under the Financial Services Authority Act of 2018.

One of the key responsibilities that the FSA has is to license, supervise, and develop non-banking financial services in Seychelles by ensuring a solid regulatory regime and framework.

M4Markets Pros and Cons

M4Markets Leverage

Leverage is a tool that is offered by numerous brokers to traders. With leverage, traders can open larger positions, allowing traders more exposure to the market in which they are trading despite their initial deposit.

However, as beneficial as leverage may be, it can also be detrimental when used incorrectly or abused. Leverage increases a trader’s chance of gains and thus, it also increases the risk of losses.

Traders are at risk of incurring losses that may exceed their initial deposit, leading to a negative balance on their trading account if the trader does not have the benefit of negative balance protection.

Leverage is expressed as a ratio, for instance, 1:1, 1:50, 1:100, 1:500, and even up to 1:3000. Leverage and margin go together, with the margin being the amount required from the trader at the start of the trade. This amount serves as collateral for any credit risks which may arise.

When traders apply leverage, the margin requirement is reduced, and the trader can open larger positions.

M4Markets provides traders with leverage of up to 1:1000, which is higher than the average 1:200 that most brokers offer. However, it should be noted that the maximum leverage offered will depend on the account type that traders choose to use.

The standard account allows for leverage of up to 1:1000 while the VIP and Elite account only allow leverage up to 1:500.

M4Markets Account Types

A Forex account is a trading account that traders hold with a specific broker for the purpose of trading financial instruments. Brokers may offer traders either a variety of accounts, with each catering to varying levels of skill, knowledge, and experience, or a single account that can be used.

The number of accounts along with the features offered will vary from one broker to the next. For this reason, it is imperative that traders evaluate brokers and make use of the demo accounts offered to explore the broker’s offering.

M4Markets offers traders three distinct account types:

Standard Account

Raw Account

Premium Account

Standard Account

The standard account is designed specifically for new traders who need to build their trading experience and understand how CFDs work and how the market operates. When registering a standard account, traders can expect the following:

The standard account offers traders the perfect foundation to start their trading journey. By paying the minimum deposit after registration, traders can become an active trader and reap the benefits of commission-free trading opportunities.

With the standard account, traders have access to the full range of asset classes offered by M4Markets with trades being executed at the best possible speeds.

Raw Account

This account has been designed with experienced traders in mind. It caters to those who are familiar with financial products and markets, and who want optimal execution services and solutions.

When registering a Raw account, traders can expect the following:

With the Raw account, professional traders are provided with the perfect environment to expand and refine their trading skills.

Premium Account

The Premium account is developed for professional traders who seek the best trading terms and conditions, helping them to maximize their trading strategy and add a competitive edge to their trading. With the Premium account, traders can expect the following:

M4Markets offers professional traders with industry-leading spreads and an account that can be customized according to the trader’s individual needs and objectives.

Demo Account

In addition to the account types offered, M4Markets also offers traders the option of registering a demo account. This can be done either through MetaTrader 4 or MetaTrader 5, depending on the preference of the trader.

Traders must note, however, that there may be a time limit on the availability of the demo account.

Islamic Account Option

M4Markets offers Muslim traders the option of converting their live trading account into an Islamic Account or a Swap Free account. This ensures for Halal trading where Muslim traders are not charged or credited with swaps or overnight fees when trading positions are kept open for longer after the trading day has concluded.

Overall Rating

• 4.0/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 5

Regulators

FSA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

M4Markets Market instruments

M4Markets offers traders more than 60 financial instruments that can be traded. Traders have a choice between forex, commodities, and indices when they register a live trading account. With M4Markets, traders have access to all the major currencies that can be traded along with a variety of other pairs.

When trading commodities, traders are provided with access to both metals and energies. The indices that traders can trade include the following:

UK100

AUS200

CN50

EUSTX50

FRA40

GER30

HK50

IT40

JPN225

NAS100

SPA35

US2000

US30

US500

M4Markets Fees and Spreads

Another crucial factor that traders must consider when evaluating a broker is the fees that they will incur. These fees relate to both trading and non-trading activities and actions.

Trading Fees

One of the first fees that traders will encounter concerns a minimum deposit fee which is paid after the trader has completed account registration. M4Markets charges a minimum deposit depending on the type of account that traders register.

The standard account attracts a $5 fee while the VIP account requires $500 and the VIP account $10,000.

Next, traders must consider the spreads, commissions, and margin requirements. M4Markets charges a spread between 0.0 pips and 0.1 pips, depending on the type of account registered. Both the VIP and Elite accounts start from 0.0 pips and traders also receive the advantage of raw spreads.

M4Markets also offers zero-commission trading on the standard account when traders trade either forex or metals. However, when trading equities on this account, traders are subjected to a 0.05% commission.

On the VIP account, traders will be charged $3.5 per side when they trade either forex or metals and equities attract a commission of 0.05% per side. The Elite account has commissions of $2.5 per side on forex and metals and a 0.05% commission on equities.

Non-trading fees

Where non-trading fees are considered, traders must consider fees relating to account inactivity, deposit and withdrawal fees, account management and maintenance fees, currency conversion fees, and others.

M4Markets does not charge traders any fees when they deposit funds into their trading account or when making withdrawals. Traders may, however, be subjected to fees charged by their bank for transactions.

In addition, M4Markets does not charge any fees when the trading account goes dormant after some time and there is no indication of any other non-trading fees. It is, however, imperative that traders verify the existence of additional fees that may not have been mentioned in this review.

M4Markets Deposits and Withdrawals

When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.

M4Markets offers traders a variety of ways through which deposits and withdrawals can be made, including:

Fasapay

Skrill

Neteller

Bank Wire Transfer

UnionPay, or

Local Wire Solutions

Traders must acknowledge that deposits and withdrawals may take some time to reflect, depending on the payment method being used. In addition, there may also be restrictions where minimum amounts are concerned for each payment method.

M4Markets Trading platform

The trading platform is the software that traders use to execute their trades. Each broker reserves the right to offer their own preferred trading platform. Where some brokers offer a variety of third-party platforms, others prefer offering their own proprietary platforms, if they have one.

M4Markets offers both MetaTrader 4 and MetaTrader 5 which can be used to execute trades. Both these trading platforms are powerful and allow for diverse customization. Both trading platforms are available for use with desktop PCs and mobile devices that run on either iOS or Android. Alternatively, traders can also use either trading platform from their web browser.

How to open an account with M4Markets

Step 1 – Select the register option

To open an account with M4Markets, traders can select the option to ‘Register’ from the homepage. This will redirect to a new page containing a digital application. Traders can complete the form by filling in all the required fields before continuing.

Step 2 – Check your email

Traders will receive a verification email at the address that they provided. Once traders click on ‘Verify your email’, they will be redirected back to the M4Markets website where traders can complete their registration.

Step 3 – Provide proof of identification

Traders must provide proof of ID along with proof of address and complete their economic profile before their registration can be completed. This forms part of a ‘Know Your Client’ (KYC) process as part of Anti-Money Laundering (AML) procedures with which brokers must comply to ensure the safety and security of traders.

Overall Rating

• 4.0/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 5

Regulators

FSA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

M4Markets Customer support

M4Markets can be contacted either by making use of the Live Chat function, which is present throughout the website, by telephone, or by email. M4Markets also has a FAQ section that can be consulted should traders need assistance.

M4Markets Education

M4Markets does offer traders any educational tools, resources, or materials on the website. Such tools, resources, and materials prove helpful especially for beginner traders who do not yet know how to navigate trading or the markets.

M4Markets Research

Research tools help traders in their activities in addition to helping them hone their skills in making informed trading decisions. M4Markets only offers traders the use of an Economic Calendar on the website.

Although this may seem like a drawback, MetaTrader 4 and MetaTrader 5 both offer traders with a wide variety of trading tools, material, and resources which can be used to the advantage of the trader.

M4Markets Awards

Awards serve to instill confidence in a broker as it reflects the level of service the broker offers. As a new broker, M4Markets has not yet obtained any rewards which are displayed on the website.

M4Markets Bonuses and promotions

Bonuses and promotions serve as one of the best ways through which brokers can attract new clients and keep existing clients happy. They may even encourage existing clients to be more active in their trading.

M4Markets offers traders both a credit bonus as well as IB Rewards.

Credit Bonus

With the credit bonus, traders can earn up to 50%, or $5,000, between January 25 and April 25, 2025, when registering a live trading account on MetaTrader 5. With every deposit that the trader makes into their trading account, they stand the chance of winning a 50% bonus.

Once this bonus is credited to the account of the trader, they can benefit from a free margin boost to start trading higher volume positions.

The minimum deposit required to qualify for the bonus is $50 and the maximum is $10,000. Traders must ensure that they understand the terms and conditions associated with this bonus before opting for such.

IB Reward Promo

When Introducing Brokers join M4Markets’ IB Program, they can qualify for the 20% bonus on their commissions each month. The promotion is only available until March 31 and allows traders who traded 21 lots, or more, the chance to earn back on their trading.

There are no restrictions on the volumes traded and traders can make use of the advanced analytical features in the dedicated IB Portal.

M4Markets vs EverestCM vs TigerWit – A Comparison

M4Markets Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “M4Markets ” is entered into Google’s search engine over a given period of time.

M4Markets Customer Reviews

M4market broker is one of the best…

M4market broker is one of the best forex brokers in forex industry according to my trading experience I notice that this broker really good for trading services and fast withdrawal nor doubt keep doing good to forex traders one love from me

By far the best broker I’ve ever used

By far the best broker I’ve ever used. Quick clean web platform, very friendly staff, and quick customer support.

Thank you m4markets

Really low spread compare to other brokers and fast execution. Really good for scalping 🙂

Conclusion

M4Markets is a young broker that shows enormous potential as a CFD broker. In addition to offering competitive rates and a transparent fee schedule, M4Markets also caters to a variety of traders despite their level of trading experience.

Traders have a choice in a variety of trading products, accounts, payment options, and the use of powerful trading platforms. The account registration is straight-forward and easy, with low minimum deposit requirements on the entry-level account.

Although M4Markets does not offer resources to traders, the trading platforms supported both offers an array of tools and features that traders can use to their advantage.

Another benefit that M4Markets has is that it offers a demo account through MetaTrader 4 and MetaTrader 5, which allows traders to explore the broker’s offer in a risk-free environment. The bonuses and promotions are also attractive and promise traders generous rewards.

Disclaimer

M4Markets warns potential customers that Forex and CFDs trading carries a substantial risk and may not be suitable for all investors.

Before deciding to trade with M4Markets, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

M4Markets warns that margin trading involves the potential for profit as well as the risk of loss.

Movements in the price of foreign exchange and commodities are very unpredictable, hence M4Markets cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

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Frequently asked questions

Trading environment

How many instruments can I trade with M4Markets?

You can trade any of the following:

• Forex
• Commodities, and
• Indices

Which platforms are supported by M4Markets?

MetaTrader 4 and MetaTrader 5.

Does M4Markets offer leverage?

Yes. M4Markets offers leverage of up to 1:1000.

What spreads can I expect with M4Markets?

You can expect raw spreads from 0.0 pips.

Does M4Markets charge a commission?

Yes. M4Markets charges a commission of 0.05% when trading equities and between $2.5 to $3.5 on forex and metals, depending on the type of account.

Is M4Markets regulated?

Yes. M4Markets is regulated by the FSA.

Is M4Markets a recommended forex trading broker for experts and beginners?

Yes. M4Markets offers an ideal environment for both beginners and experts.

What is the overall rating out of 10 for M4Markets?

8/10.

Accounts

What is the difference between a demo and a live trading account?

A demo account is an account funded with virtual money that allows for risk-free trading while a live trading account requires actual capital.

With a demo account, traders can safely explore the broker’s offer, practice trading, or test out the trading strategies that they wish to use in a live trading environment.

Does M4Markets offer a demo account?

Yes.

How long is the demo account valid?

Demo accounts are often valid for 30 days. There are, however, brokers that offer unlimited demo accounts.

Which live trading accounts does M4Markets offer?

M4Markets offers traders a choice between the following live trading accounts:

• Standard Account
• Raw Account
• Premium Account

What are the available deposit currencies for a live trading account?

USD, EUR, GBP, and JPY.

Deposits and withdrawals

What is the minimum deposit for M4Markets?

R80 ZAR / $5.

How do you make a deposit and withdrawal with M4Markets?

You can use any of the following:

• Fasapay
• Skrill
• Neteller
• Bank Wire Transfer
• UnionPay, or
• Local Wire Solutions

Does M4Markets charge withdrawal fees?

No. M4Markets does not charge any withdrawal fees but there may be fees waived by the trader’s bank.

How long does it take to make a withdrawal?

This depends on the payment method used and can be anything from an instant withdrawal or it may take up to several days.