M4Markets is a broker from Seychelles with a pretty solid offer. Clients can trade with currency pairs, a solid offer of indices, shares, and commodities, all that on MT4 or MT5. And best of all, M4Markets’ minimum deposit is only $5.
However, don’t let this information lead you in the wrong direction. Let’s read the M4Markets honest review and uncover all the tiny details.
- But firstly, we want to invite you to read our recently updated InstaForex, AlpsMarkets and TradedWell scam broker reviews. Your funds are in danger with them!
|Broker Status:||Offshore Broker|
|Regulated by:||Unlicensed Scam Broker|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||SC Malaysia|
|Broker Owner:||Trinota Markets (Global) Limited|
|Online Trading Platforms:||MT4, MT5|
|Broker No Deposit Bonus:||N/A|
|Crypto Assets:||Not Available|
|Available Trading Assets:||Currency Pairs (FX), commodities, indices, shares|
|Free Demo Account:||Yes|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Is M4Markets Safe And Regulated? – The Importance Of Regulation
M4Markets is a brand of Trinota Markets (Global) Limited from Seychelles. The first issue is M4Markets regulation since Seychelles are not entirely known for firm regulators and hard legislation. Besides, we’ve checked whether or not the broker follows ESMA rules and keeps your funds in segregated accounts.
Questions About M4Markets License
After we’ve decided to check if M4Markets is regulated, we’ve first checked the FSA Seychelles register. Since we found nothing, we’ve moved on to FCA, ASIC, BaFin, and a couple more Tier1 regulators, but the outcome is the same again.
Based on this, we can tell you that M4Markets is not regulated and provides unauthorized financial services.
Scam Warnings Against M4Markets
After the M4Markets forex broker conducted business without a proper license, the Malaysian authority body received plenty of complaints against it and decided to issue a public warning.
According to it, M4Markets provides services in Malaysia without a license, and everyone involved should report to the broker immediately. They warned citizens to beware of the M4Markets scam.
M4Markets Reviews – Is M4Markets a Scam Broker?
Unfortunately, offshore brokers are rarely trustworthy. Since there’s no proper regulator, their headquarters are hard to verify, and they don’t need to follow ESMA, MiFID, or similar rules. These brokers have their doors wide open for scams. According to M4Markets reviews, the broker decided to use it big time and not let clients withdraw their funds. Once you wish to take your funds to your bank, the broker will ensure that your account access is blocked and there’s nothing you can do about it.
M4Markets Trading Platform Review – Trading Software
When it comes to the M4Markets trading platform, it’s one thing we really liked. The broker offers MT4 and MT5, the best versions of MetaTrader, and the most popular platforms worldwide.
About MetaTrader 4 – MT4 Platform
MT4 platform is available for both desktop and mobile devices in over 40 languages. With 50+ indicators and other trading tools, MT4 is definitely the best platform out there for any trading.
About MetaTrader 5 – MT5 Platform
As MT4 successor, MT5 has been declared one of the best platforms. High security and a large number of trading orders make MT5 desirable among traders. Again, this platform is available on both desktop and mobile devices as an app or via the web.
Is Mobile Trading Available?
Like any company that provides MetaTrader, M4Markets offers MT4 and MT5 apps for both Android and iOS devices. By clicking on the link on the platform, you will be redirected to download the app to your device and log in to your account.
Countries Prohibited By The Broker
According to the broker’s website, broker doesn’t operate in the:
- North Korea
Since most of these countries have firm financial regulators, we assume M4Markets broker wouldn’t like to be fined for their illegal actions.
M4Markets Range of Trading Instruments & Markets
Company offers trading with:
- 72 currency pairs
- A wide range of commodities – gold, oil, and natural gas
As you can tell, the broker doesn’t offer cryptocurrencies. As per trading conditions, clients can choose a RAW account with 0.0 pips spread and commission or a regular account. All trades are executed on the MT4 or MT5 with leverage up to 1:1000.
M4Markets Trading Accounts
There are 3 different account types:
- RAW Spread
The noticeable difference would be in the spread, since the Raw Spread account starts from 0.0 pips, while there’s also a difference in the amount of money and leverage. Bear in mind that commissions for equities you will need to pay for any account type you choose, not just Raw Spread.
M4Markets Deposit Bonus – Welcome Bonus Scam
Many offshore brokers are using bonuses to prevent their clients from withdrawals and bind them with a bonus agreement that hasn’t been transparently disclosed.
According to reviews, M4Markets gives clients up to 50% of bonus on their initial deposit and sells them a story that they can make up to $5,000 of profit using that bonus. What nobody will tell you is that you cannot withdraw your funds until you reach a particular rollover.
Beware of M4Markets trading scams and don’t buy their nicely packed stories.
Have You Been Affected By an M4Markets Scam? – Talk to Our Experts
If you have been scammed by M4Markets or a similar illicit operation, let us know. Here at Global Fraud Protection, we’ve received numerous complaints from M4Markets scam victims. We have already helped many. Let us help you.
Contact our customer support via online chat to book your free consultation. Talk to your experts and get all the info about your funds.
Don’t Let the Scammers Go Away for Free!
What Is M4Markets, And Should I Invest Money In It?
As we discovered, this is an unregulated offshore scam brokerage not worth your time or money.
What is the M4Markets minimum deposit?
Broker minimum deposit is $5 for the Standard account.
Which Trading Platforms Are Supported By M4Markets Broker?
This online trading firm offers its clients trading on MT4 and MT5 for desktop and mobile.
Are My Funds Safe With M4Markets?
Since company is not regulated, investing with them is a high risk for your money.