What Reviews Say About M4Markets and Whether This Information Is True to Life

When comparing online brokers, it would be logical to focus on the most renowned brands — such as M4Markets, alternatively spelled as M4 Markets by some traders. This financial service provider gained prominence thanks to its international presence, customer-orientedness, and a professional team. This article will scrutinize the broker’s distinctive features and the scope of opportunities that it grants to traders. A selection of M4Markets reviews by real customers will serve as factual proof.

General Information

The M4Markets broker differentiates itself from many competitors as one of the most long-standing players of this niche of the market. Launched in 2009, it now caters to over 35 million users from over 50 states. The authorities of Cyprus, Seychelles, and Dubai issued licenses to this company to confirm its credibility and professionalism. 

Clients say they stick with this platform because of its reliability, transparent terms, deep liquidity pools, and robust support assistance. They sign up for the broker to buy and sell indices, shares, commodities, Forex, and cryptos.

To make trading accessible to the widest possible audience, the M4Markets broker offers a range of free educational tools and resources. These include a glossary, video courses, e-books, economic calendar, and Forex calculators.

Account Types and Registration Process

M4 Markets features five account types for clients with various budgets and strategies. Most are compatible with USD, EUR, ZAR, and JPY, and the minimal trading volume is 10 units.

• The Standard type is the optimal one to get started. One can deposit from $5 and trade with spreads from 1.1 pips, zero commissions, and leverage of up to 1:1000.
• The Cent type is similar to the previous one, but it accepts only USD or JPY, and the spreads start from 1.6 pips.
• The Dynamic Leverage type is compatible exclusively with USD and does not have any commissions. The lowest deposit is $5, and the spreads start from 1.6 pips. The amount of leverage is determined for each trade individually and can reach 1:5000.
• The Raw Spread type has spreads that start from zero, leverage of up to 1:500, and commissions of $3.5 for metals and Forex. To benefit from such terms, one needs to replenish their balance with at least $500.
• The Premium type has more or less the same terms as its Raw Spread counterpart, but the commissions for dealing with metals and Forex are $2.5, and one should deposit at least $10,000.

Muslim traders can ask the broker’s representatives to alleviate spreads for them. Experienced traders can manage the accounts of their clients’ from one dashboard, with minimum limitations and maximum transparency. Newcomers can request demo accounts to train risk-free in a virtual environment that precisely mimics the real one.

To sign up for M4Markets, one should fill in a generic form on the broker’s website. Then, each new client should submit their documents for profile verification. In full compliance with the regulatory requirements, the company encrypts its customers’ data and stores it safely.

Offer for Introducing Brokers and Those Who Refer Their Friends to M4Markets

Some people perceive trading as not only potentially profitable, but also an exciting occupation — while others feel isolated when they need to concentrate on orders. Individuals who want more interpersonal communication can become introducing brokers for the platform. They should sign up for M4 Markets as usual and open the Become an Introducer tab in the IB Menu. After they fill in the form, the managers will review their application and get back to them.

A new IB will sign an electronic agreement with the broker and get access to the dashboard that lets them plan their actions and monitor their efficiency. Their mission will consist in spreading the word about M4 Markets to expand its audience. The broker will provide free marketing materials and guidance for those who lack experience.

Being an introducing broker is a part-time job that can evolve into a full-time one. However, not everyone is ready to invest that much effort in it. Some people just have acquaintances whom they can invite to the platform in exchange for remuneration. In this case, one should log in to M4Markets and obtain a unique invitation link from the Refer a Friend section of their client area. They can share this link on social networks or send it privately to recipients, encouraging them to open a Standard account with the broker. The amount of remuneration will be $5 per lot for each individual who signs up through the link.

Deposits and Withdrawals

Depending on one’s location, M4Markets can let the client pick from around a dozen banking options to conduct financial transfers in both directions. If customers with the Standard, Cent, and Dynamic Leverage accounts want to replenish their balance with the lowest accepted sum of money, they should be selective about the preferred financial system — some providers ask to transfer at least 10, 15, 50, or 100 USD. The range of the accepted withdrawal amounts is from 10 to 100 USD.

The typical speed of transaction is almost instant for deposits and around one business day for withdrawals, but there can be exceptions. Providers can charge commissions for processing the transactions, but the broker avoids doing so.

Desktop Trading

To buy and sell assets with M4 Markets on a computer, one can download a trading terminal or access it in the web format. This broker lets its audience choose between the fourth and the fifth version of the MetaTrader platform, which is a household name in its niche. One can benefit from both versions, because M4 Markets allows each client to manage two accounts of each of the available types.

MT4 supports only Forex, but its user base is wider. MT5 has a smaller audience, but it is compatible with a wider range of assets, and it outperforms its predecessor in many other aspects. In particular, it features exchange trading and copy trading, allows internal funds transfers, and offers a community chat — the list of its distinctive features can go on further.

Both variations of the trading terminal are packed with tools that automate trading and can boost its profitability, if used wisely. All of them are intuitive even for beginners. For instance, if one wants to add an indicator to the chart, they should simply drag it to the desired location.

Mobile Trading

In addition to desktop trading, M4Markets broker offers fully functional apps for iOS and Android smartphones. It is essential because, for flexibility reasons, more and more people prefer to access Internet services from mobile gadgets.

Originally, the M4Markets apps functioned as a back office for traders. They offered an opportunity to register with the broker, verify one’s identity, edit one’s personal details, and manage all accounts from one dashboard. One could configure their trading preferences in the app, deposit and withdraw funds, review the history of their operations, and analyze their performance metrics. Introducing brokers could work in the app just as comfortably as on the desktop, generating invitation links, monitoring the efficiency of their actions, and checking the incoming rewards.

After a recent update, the apps also support full-fledged mobile trading — so far, only through the more advanced MT5 terminal. One should log in to the app, and it will redirect them to the browser version of the platform to place and accept orders. Customers will not need to install any additional software on their gadgets to buy and sell assets. The available scope of features will be just as extensive as on a desktop computer — only the display will be more compact, which can impact the location of selected elements.

Just like the desktop solutions, the apps grant institutional-grade protection. Clients can benefit from secure password management, PIN control, 2FA, and biometric logins. 

Support Assistance

When one visits the Contact Us page of the M4Markets website, the primary communication channel suggested to them will be a brief callback request form. One should tick the box to specify whether they are an existing client or not, as well as type in their name and contact details. The broker’s representatives will get back to the user soon.

Alternatively, one can talk to a live agent, submit an email to [email protected], or call +248 463 2013. Regardless of which option one prefers, they can expect a decent quality of service 24/5. The operators do not attend to clients on weekends because most markets remain inactive on Saturdays and Sundays.

Plus, the contact page will encourage the user to visit the M4 Markets support center. It is a separate page with the most frequent customer questions. One can click a question to check the concise answer, or type in what they want to ask in the search field. From this page, one can learn, for instance, that the broker offers negative balance protection to all retail clients, or that traders can withdraw funds even when they have open positions.

User Feedback

M4Markets reviews can be found on the broker’s website and social network profiles, as well as on third-party resources. Most of them commend the favorable trading environment.

For instance, some users appreciate the tiering plans. It is always valuable to get praise from customers who have tried alternative service providers and can compare options.

Spencer in his M4Markets review accentuates the convenience of conducting financial operations with the help of local depositors. Plus, he mentions the possibility of replenishing one’s balance instantly through alternative systems.

The M4Markets review left by Shane highlights the efficiency of the broker’s affiliate program. This client encourages newcomers to request a demo account to gain skills.

Dozens of M4Markets reviews emphasize the professionalism of the support department — such as this one.

Here is a M4Markets review about the broker’s app for iPhones. It was left before the update that simplified mobile trading.

Other customers seem to be happy with the app too, praising its user-friendliness.

Concluding Thoughts

M4Markets is an established Internet broker that has been performing well for over 16 years. It is not by chance that client feedback about it has been largely positive. Keeping up with the times, this company regularly updates its technological solutions and terms of services — trading mobile apps for the two major smartphone operating systems are among the most meaningful recent advancements. Aspiring beginners can learn everything from scratch, using the free educational materials that the broker provides, and experienced customers make the most of flexible trading terms.