M4Markets

I’ve tried social and independent trading with M4Markets, and I liked both. Social trading is entirely transparent. When choosing which expert to follow, I can analyze their performance in detail. To make money on independent trading, I can choose from over 100 instruments, five account types, and two trading terminals, packed with tools and features. I trade on my own when I have time — and when I lack it, I come back to social trading.

What I like the most about M4Markets is its policy of avoiding fees whenever possible. Only two account varieties, Premium and Raw Spread, have trading fees for Forex and metals. All the other account categories and assets lack fees. Moreover, there are no fees on the M4Markets side for deposits and withdrawals. It prevents me from overspending. On the flip side, there are spreads and swaps, but they are inevitable for online trading.

Do you believe all online brokers today offer robust account protection? I thought yes, and I signed up for a lesser-known platform. Everything was fine, except for the fact that I could only protect my account with a password and PIN. When I accumulated over 400 USD on my balance, I felt my money was at risk. I left that broker and signed up for M4Markets. Here, I can also use a password and PIN. Plus, I enabled 2FA and biometric login. I don’t get random logouts or strange activity, and I’m confident my funds and personal data are protected from cyberattacks as much as possible.

This broker allows new customers to request a demo account, so I did it. I thought it would take me a couple of days to learn. Yet there are so many assets and tools, and I want to try them all. I’m not sure how much time it will take, and it’s really exciting! If you are planning to register at M4Markets, request a demo account, too. It will help you to learn the basics.

M4Markets offers dozens of automation tools to traders. If you try to activate just a fraction of the total amount at once, the interface can become cluttered, and it will be harder to make decisions. It’s important to pick the tools that work best for you. The only way to detect such tools is practice, practice, and practice. After you cope with this task, you’ll have good odds of making a profit.

Pros for me:- Low entry threshold for people who have never traded before- A wide range of markets: Forex, indices, commodities, crypto, etc.- Comfortable conditions for active traders- Normal spreads and swaps, no surprise commissions- Decent variety of currencies, including minor and exotic onesThe only “con” is that most markets don’t trade 24/7, but that’s not on the broker, those are just market hours.Overall, M4Markets gets a solid 5/5 from me at this stage.

M4Markets allows us to trade in MT4 or MT5. I love MT5, even though it’s more complicated. Unlike MT4, it has an economic calendar and a community chat. I regularly use both. I have four accounts, and MT5 enables me to transfer funds between them. I also benefit from exchange trading and a larger number of tools, timeframes, and indicators. MT4 creates reports only in the format of tables, while MT5 has both tables and charts. Besides, MT5 supports copy trading, so I can encourage others to follow me and make extra profit on it.

I’m quite a demanding client, so when I say withdrawals are good — I mean it. It’s an established and licensed company that provides serious security guarantees to customers. It relies on the technologically advanced terminals by MetaTrader, well-known and respected in the global trading community. The support services are close to perfection, always fast and to the point. There are five regular types of accounts that differ in their trading terms and several additional types, such as Islamic, corporate, joint, demo, or for PAMMs. Four banking systems offer instant withdrawals, which is fantastic.

I often avoid live chats because they make me spend time on helpless bots. However, M4Markets is one of the few exceptions. I use the broker’s chat to ask questions to the support team, and in 95% of cases I’m entirely happy with their answers. In 5% of cases, I need to submit additional questions to get the exhaustive information. M4Markets also accepts client queries by phone, email, and a web form on its website — I guess the quality of assistance should be just as cool there.