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M4Markets -

Score

6.47 /10
Average

M4Markets

Seychelles

5-10 years

Regulated in Cyprus

Market Making License (MM)

MT4 Full License

High potential risk

Offshore Regulated

https://www.m4markets.com

Influence

C

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Comparison

Quantity 16

Exposure

Open Account
Website

Score

Regulatory Index6.98

Business Index7.00

Risk Management Index0.00

Software Index9.56

License Index7.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

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Sanction

CY CYSEC
2022-08-10
CYSEC Board Decision
M4Markets

Danger

ID BAPPEBTI
2022-02-02
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Danger

MY SCM
2021-01-01
INVESTOR ALERT LIST
M4Markets

Broker Information

More

Company Name

Trinota Markets (Global) Limited

Company Abbreviation

M4Markets

Platform registered country and region

Seychelles

Company website

X

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Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts
Previous Detection : 2026-03-12
  • WikiFX has received a total of 16 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Survey

M4Markets

Cyprus

WikiFX Verification

Exposure

16 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

Bad broker

I had some trouble with my M4Market account - I couldn't access the backend of the official website and was locked out.

2025-08-14 11:34
Others

terrible broker

I'm currently locked out of my M4Markets account because I can't get into the backend of their website. It's a real pain since I'm completely unable to manage anything. I really need to find a way to regain access and get back to business.

2025-08-15 03:20
Unable to Withdraw

I was migrated from Tixee

I was migrated from Tixee. I was trying to take out my 315USD for months. Their system is designed not to withdraw money. I sought for help. One person associated with them called me in the pretext of helping withdrawal and locked my money by moving from Ledger to trading account. They are not responding. It's a SCAM. Avoid

2025-08-15 04:46
Scam

excuse after ecxuse when

excuse after ecxuse when trying to withdraw my funds, tried for over 6 months and everytime there was a new excuse, eventually having tried and exhasueted all avenues, trying to withdraw my funds. I realised theres something very wrong. The account manager hound you for your money, and call the most inconvenient times and argue and negotiate with you like they own your money. So for the past 6 month not being able to trade due to their system now working on Apple Mac, ive payd 300USD in dormant fees, regardless of all my withdrawal instructions being declined and no propper reason for doing so. Ive been told that my bank declined the transfer, and then after phoning my bank realised that they didnt.... Dont invest a single cent with M4Markets, my experience has been horrifying to say the least.

2025-08-15 14:15
Unable to Withdraw

Impossible to withdraw

I tried to withdraw my funds from this broker but I was denied after filling in the required document and details. I can't access customer support because it's not available on the app

2025-08-14 12:01
Unable to Withdraw

difficulties in withdrawal

I made a profit from trading, the broker canceled both my profits and my initial deposit. Their reason? They claimed I violated a 'negative balance protection' policy. This feels like a complete scam. Please be careful and avoid this broker if you want to protect your money

2025-08-15 11:12
Unable to Withdraw

This is a scam broker,

This is a scam broker, I deposited 6000 USD into M4markets and I made a profit in trading. But when I withdrew the money, they used the excuse that I was abusing it and didn't pay me. I sent an email to the exchange but received no response and they locked my account. when we trade at a loss they have no opinion, when we make a profit they give reasons to take the trader's money.

2025-08-15 14:23
Unable to Withdraw

M4.Markets.com is Scam Unable to Withdraw Profits

Hi this review is also in conjunction with my review on forex peace army, bemy account number 112024, if you want the whole story you can search it on there, just type in M4 Markets then you will see my review, in short I made some losses with M4 Markets and my first win with them they deducted my profits , disabled my account without warning or prior investigation or sending me any verified information that I breached the client agreement, just cause I made money during news and it was on their bonus account (no prohibition stating we can't use bonus account using hight lot size) they only paid $100 USD out of $401usd..and because no one from M4Markets.com has even bothered to try to have a conversion since my last inquest about this situation, I'm stating now that they are a scam ...whether you are a technical trader or fundamental trader, do not trust them...They will call you when you signup non stop and will ignor you when you have problems....Stay away....M4 Markets is scam broker

2022-03-24 00:24
Unable to Withdraw

I submitted all the documents

I submitted all the documents for my withdrawal, but it got denied. Now the broker's support is completely broken, so I can't even get an explanation or access my own money. It's so frustrating.

2025-08-15 12:30
Unable to Withdraw

unable to withdraw

After carefully submitting all the necessary documents and details, my withdrawal request from the broker was denied. To make matters worse, the app's support function is completely inaccessible, leaving me with no way to contact anyone or figure out why my request was rejected.

2025-08-15 02:53
Unable to Withdraw

Warning❗❗❗

Warning: Avoid this broker at all costs I've been trying to withdraw my funds for over a week, and every time I've been met with a new excuse. The account manager was pushy and aggressive in getting my money, but now that I want to withdraw, they're unresponsive and uncooperative. To make matters worse, I've been charged nearly $30 in dormant fees. The whole experience has been frustrating and terrifying. It seems like they're more interested in holding onto my money than in providing a legitimate service. Save yourself the trouble and steer clear of this broker.

2025-08-15 15:50
Scam

M4MARKETS is a scam broker

Please declare this broker scam so people know reality. Dear Sir/Madam, I am writing to provide my review of the services provided by m4markets.com Broker. My name is Zafar Ali, and I opened an account with m4markets.com with the MT5 A/C No.3559797. I would like to bring to your attention an incident that has occurred with my account, which has led me to believe that m4markets.com is a fraudulent broker. On 8th May, I deposited 400USD into my account and opened a sell trade of 1000 shares of US shares Under Armour UA. I made a profit of 519.78USD, and when I requested to withdraw my profits,m4markets.com canceled all of my profits and emailed me that I did Abuse of Negative Balance Protection. I fail to understand how trading based on speculation or news can be considered fraudulent. I made a profit, and when I asked for it, they refused to give it to me. If I make money, they refuse to give it to me, but if I lose money in a trade, they do not seem to care or ask. They offered me to return only my initial deposit. They will enjoy your profit when you made profit. If you loss money they will enjoy that lost money because they don't invest in real market. I would like to warn all retail traders to be cautious when trading with m4markets.com. It appears that they run standalone servers that are not connected to exchanges. I request all retail traders to withdraw their money from m4markets.com sooner rather than later because, even if you make a profit, you will eventually lose your hard-earned money. I would appreciate your help in spreading the news about this incident so that others do not lose their money to this scammer broker. I have attached screenshots, proofs, videos, and screens to this email. I will be meeting with my lawyer this week to take action against this broker in their regulations. I hope that you will take my complaint seriously and take necessary action against m4markets.com to prevent other traders from facing similar problems in the future.

2023-05-16 15:32
Unable to Withdraw

With this broker, you're not allowed to make large profits. Once you do, you can't withdraw your earnings. $4000 in my account vanished, POOF, and my account got suspended. Don't even think about using this broker.

With this broker, you're not allowed to make large profits. Once you do, you can't withdraw your earnings. $4000 in my account vanished, POOF, and my account got suspended. Don't even think about using this broker.

2026-03-09 22:29
Scam

scam broker

Please approve. more proof is attached. after trading and making profits, I requested for withdrawal and this broker canceled my profits and deposit claiming I violated a negative balance protection. this is a warning to all retail traders out there to avoid this scam broker. Thank you

2025-08-14 08:16
Others

I'm in an absolute state

I'm in an absolute state of panic. I can't get into my M4Markets account, and the website seems completely unresponsive. I've put so much time and effort into my trades, and now I feel like it's all just frozen in place. The thought of not being able to manage my positions or access my own money is absolutely terrifying. I'm just watching from the sidelines, completely helpless as market conditions change. This is more than just an inconvenience; it feels like my hard-earned funds are being held hostage. I desperately need to find a way to resolve this serious issue and regain access to my account before it costs me absolutely everything.

2025-08-16 13:51
Unable to Withdraw

M4MARKETS is a scam broker

Review of m4markets.com Broker - Account No. 3559797 Dear Sir/Madam, I am writing to provide my review of the services provided by m4markets.com Broker. My name is Zafar Ali, and I opened an account with m4markets.com with the MT5 A/C No.3559797. I would like to bring to your attention an incident that has occurred with my account, which has led me to believe that m4markets.com is a fraudulent broker. On 8th May, I deposited 400USD into my account and opened a sell trade of 1000 shares of US shares Under Armour UA. I made a profit of 519.78USD, and when I requested to withdraw my profits,m4markets.com canceled all of my profits and emailed me that I did Abuse of Negative Balance Protection. I fail to understand how trading based on speculation or news can be considered fraudulent. I made a profit, and when I asked for it, they refused to give it to me. If I make money, they refuse to give it to me, but if I lose money in a trade, they do not seem to care or ask. They offered me to return only my initial deposit. They will enjoy your profit when you made profit. If you loss money they will enjoy that lost money because they don't invest in real market. I would like to warn all retail traders to be cautious when trading with m4markets.com. It appears that they run standalone servers that are not connected to exchanges. I request all retail traders to withdraw their money from m4markets.com sooner rather than later because, even if you make a profit, you will eventually lose your hard-earned money. I would appreciate your help in spreading the news about this incident so that others do not lose their money to this scammer broker. I have attached screenshots, proofs, videos, and screens to this email. I will be meeting with my lawyer this week to take action against this broker in their regulations. I hope that you will take my complaint seriously and take necessary action against m4markets.com to prevent other traders from facing similar problems in the future. Thank

2023-05-12 17:08
    M4Markets · Company summary
    M4Markets Review Summary
    Founded2019
    Registered Country/RegionSeychelles
    RegulationCYSEC, FSA (Offshore Regulated)
    Market InstrumentsForex, Indices, Commodities, Shares, Cryptocurrencies
    Demo Account✅
    LeverageUp to 1:5000
    SpreadFrom 1.1 pips (Standard account)
    Trading PlatformMT5
    Social Trading✅
    Minimum Deposit$5
    Customer SupportLive chat, contact form
    Phone: 2484632013
    Email: support@m4markets.com
    Address: JUC Building, Office No.F4, Providence Zone 18, Mahé, Seychelles
    Regional RestrictionsUSA, Canada, Cuba, Sudan, Syria, North Korea
    Bonus50% credit bonus up to $10,000

    M4Markets Information

    M4Markets is a regulated Seychelles online broker founded in 2019 that offers a wide range of trading markets like Forex, Indices, Commodities, Shares, and Cryptocurrencies on the MT5 platform.

    M4Markets Information

    Pros and Cons

    Pros Cons
    Various trading instrumentsRegional restrictions
    MT5 providedOffshore regulation risks
    Four account types offered
    Live chat support
    Regulated by CYSEC
    Popular payment options
    Demo accounts available
    No deposit/withdrawal fees

    Is M4Markets Legit?

    Regulatory Status Regulated
    Regulated by Cyprus Securities and Exchange Commission (CYSEC)
    Licensed Institution Harindale Ltd
    Licensed TypeMarket Maker (MM)
    Licensed Number301/16
    Regulatory Status Offshore Regulated
    Regulated by The Seychelles Financial Services Authority (FSA)
    Licensed Institution TRINOTA MARKETS (GLOBAL) LIMITED
    Licensed TypeRetail Forex License
    Licensed NumberSD035
    license
    license

    What Can I Trade on M4Markets?

    M4Markets offers trading instruments on Forex, Indices, Commodities, Shares, and Cryptocurrencies.

    Tradable Instruments Supported
    Forex✔
    Indices✔
    Shares✔
    Commodities✔
    Cryptocurrencies✔
    Options❌
    Bonds❌
    ETFs❌
    products

    Account Type/Leverage/Fees

    Now there are four account types of M4Markets. Besides, it also provides demo accounts for customers to monitor trading before opening live accounts.

    Account TypeMinimum DepositLeverageSpreadCommissionStop Out
    Standard$5Up to 1:1000From 1.1 pips$0 20%
    Raw Spread$500Up to 1:500From 0 pips$3.5 per side40%
    Premium$10,000$2.5 per side
    Dynamic Leverage$5Up to 1:5000From 1.6 pips$0 30%
    Account Type

    Trading Platform

    M4Markets offers both MT4 and MT5.

    Trading PlatformSupported Available Devices Suitable for
    MT4✔PC, web, mobileBeginners
    MT5✔PC, web, mobileExperienced traders
    Trading Platform

    Social Trading

    M4Markets offers social trading platforms which enable customers to follow top traders and learn from their trading experiences.

    Social Trading

    Deposit and Withdrawal

    Traders can deposit and withdraw funds via wire transfer and online payment.

    Deposit Options

    Deposit OptionsMinimum DepositBase CurrencyDeposit FeesDeposit Time
    Bank Wire50USD, EUR❌1-3 business days
    VISA5EUR, USD, GBPInstant
    MaterCard
    SkrillEUR, USD, GBP, AUD
    Neteller
    Local Online Banking15MYR, IDR, VND, THB, ZAR, NGN, TZS, KES, UGX, BIF, XAF, KHR, LAK, MMK, PHP1 business day
    STICPAY5USD, EUR, JPYInstant
    Bitwallet50
    UnionPay100CNY
    Local DepositorUSD, MYR, IDR

    Withdrawal Options

    Withdrawal Options Minimum Withdrawal Base CurrencyWithdrawal Fees Withdrawal Time
    Bank Wire100EUR, USD, GBP❌1-3 business days
    VISA501 business day
    MaterCard
    Skrill10EUR, USD, GBP, AUD
    Neteller
    Local Online Banking15MYR, IDR, VND, THB, ZAR, NGN, TZS, KES, UGX, BIF, XAF, KHR, LAK, MMK, PHP
    STICPAY10 USD
    Bitwallet50
    UnionPay100 CNY
    Local DepositorUSD, MYR, IDRInstant
    Deposit and Withdrawal

    Bonus and Promotions

    M4Markets provides various types of promoting activities. Customers can participate in them and earn a certain amount of bonus. For now, there's a 50% credit bonus earn which can be up to $10,000.

    Promotions

    News

    ExposureM4Markets Review: Investigating Allegations of Withdrawal Denials, Profit Cancellation & More

    M4Markets, a Seychelles-based forex broker, is accused of severe glitches by traders worldwide. While users have reported actively about withdrawal denials by the broker, the alleged excuse by it has not gone down well with its clients. Moreover, the accusation of illegitimate profit cancellation and serious platform glitches has not helped the broker’s reputation either. In this M4Markets review article, we have examined several cases alleging misconduct by the broker. Keep reading!

    WikiFX
    2026-03-11 15:50
    M4Markets Review: Investigating Allegations of Withdrawal Denials, Profit Cancellation & More

    NewsM4Markets Latin America Expansion 2026 Gains Pace

    M4Markets Latin America expansion 2026 accelerates as the Most Transparent Forex Broker LATAM leverages its Refer a Friend program to engage local traders.

    WikiFX
    2025-12-01 17:19
    M4Markets Latin America Expansion 2026 Gains Pace

    NewsM4Markets Integrates Centroid Bridge to Expand Liquidity Access

    Retail FX and CFDs broker M4Markets has entered into a partnership with Centroid Solutions, a technology provider renowned for its advanced broker connectivity and execution systems.

    WikiFX
    2025-09-30 16:17
    M4Markets Integrates Centroid Bridge to Expand Liquidity Access

    NewsSocial Trading Goes Mobile at M4Markets

    A new mobile application for social trading has been launched through a collaboration between brokerage firm M4Markets and fintech provider Brokeree Solutions

    WikiFX
    2025-07-01 18:29
    Social Trading Goes Mobile at M4Markets
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    User comment

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    Comments

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    xb music
    0-3months
    Di broker ini anda tidak bisa profit besar, sekali profit besar anda tidak bisa menarik profit anda, 4000 usd di akun saya lenyap, dan akun di tangguhkan, jangan pernah menggunakan broker ini.
    Di broker ini anda tidak bisa profit besar, sekali profit besar anda tidak bisa menarik profit anda, 4000 usd di akun saya lenyap, dan akun di tangguhkan, jangan pernah menggunakan broker ini.
    Translate to English
    2026-03-09 22:29
    Reply
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    FX3908959324
    3-6months
    I have been trading with M4Markets and I am very satisfied with their overall service. The platform is stable, execution is fast, and spreads are competitive, especially during high-volatility sessions. Deposits and withdrawals are processed smoothly and on time, which gives me confidence as a trader. Their customer support team is responsive and professional, always ready to help with any account or technical questions. I also appreciate their transparent trading conditions and variety of instruments including forex, gold, indices, and crypto. Overall, M4Markets provides a secure and trader-friendly environment, suitable for both beginners and experienced traders. I highly recommend this broker for anyone looking for reliable execution and good customer service.
    I have been trading with M4Markets and I am very satisfied with their overall service. The platform is stable, execution is fast, and spreads are competitive, especially during high-volatility sessions. Deposits and withdrawals are processed smoothly and on time, which gives me confidence as a trader. Their customer support team is responsive and professional, always ready to help with any account or technical questions. I also appreciate their transparent trading conditions and variety of instruments including forex, gold, indices, and crypto. Overall, M4Markets provides a secure and trader-friendly environment, suitable for both beginners and experienced traders. I highly recommend this broker for anyone looking for reliable execution and good customer service.
    Translate to English
    2026-01-15 16:48
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