Markets4you

Note: The information may be subject to change, and it's recommended to check the official website for the most updated information.

Overview of Markets4you

Established in 2007, Markets4you is an online forex broker headquartered in the British Virgin Islands. With a focus on competitive trading conditions, advanced trading tools, and good client assistance, the broker has been offering forex, stocks, commodities, and indices. Various trading accounts, including Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, and Classic Standard, are available from the broker with no minimum investment required.

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Is Markets4you Legit？

Yes, Markets4you is regulated. The broker is licensed and regulated by the Financial Services Commission (FSC) of the British Virgin Islands, an offshore regulated body, under registration number SIBA/L/12/1027.

Traders may prefer brokers regulated by more established and well-known regulatory bodies, such as the FCA or ASIC. Offshore regulation, in most cases, can still provide a level of security for traders, as brokers are still required to adhere to certain regulatory standards and comply with the laws of the country where they are registered.

Pros & Cons

Markets4you offers several advantages such as a wide range of trading accounts, user-friendly platforms, no minimum deposit requirements, and several educational resources. However, there are also some disadvantages, including a limited number of tradable assets, high trading fees for some accounts, and no support for popular e-wallet payment methods. You should weigh these pros and cons before deciding to open an account with Markets4you.

Market Intruments

Markets4you provides traders with an impressive selection of 150 trading instruments, including 50 currency pairs, commodities such as gold, brent, and wti, 12 major indices, and over 50 company stocks. Yet, Cryptocurrency trading is not supported by this platform.

Account Types

Markets4you offers a variety of account types to cater to different trading needs and preferences of their clients. These account types include Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, and Classic Standard. The Cent Fixed and Classic Fixed accounts are ideal for beginners or those who want to start trading with small amounts, as they offer fixed spreads and require no minimum deposit. The Cent Pro and Classic Pro accounts, on the other hand, are designed for more experienced traders who want to trade with higher volumes and lower spreads. The Classic Standard account is the most versatile of all, providing traders with variable spreads and allowing them to trade with any amount of deposit.

With these account types, traders have the flexibility to choose the one that best suits their trading style and objectives. The absence of a minimum deposit requirement in all account types is particularly attractive, as it allows traders to start trading with any amount they feel comfortable with.

How to Open an Account？

To open an account with Markets4you, you will need to visit their website and follow the account opening process.

1. Go to their website and click on the “Open an Account” button.

2. Then, you'll need to fill out some basic information, like your name and email address. After that, just follow the steps to verify your account.

3. After that, you will need to verify your identity and address by providing copies of your ID card and utility bill.

4. Finally, you will need to fund your account to start trading. Markets4you offers several convenient payment methods, including credit/debit cards, bank transfers, and electronic wallets. Once your account is funded, you can start trading immediately.

Leverage

Markets4you offers a maximum leverage of up to 1:1000, although it depends on the account entity. This means that traders can potentially amplify their profits up to 1000 times. However, it's important to remember that high leverage also comes with a higher risk of loss, and traders should carefully consider their risk management strategy before trading with high leverage.

However, its worth mentioning that in the homepage of Markets4you the highest leverage is 1:2000, while in the account types the maximum amount is only 1:1000. You may consult the customer support to verify the specific condition.

Spreads & Commissions

Markets4you offers a diverse range of account types that cater to the varied trading needs of its clients. The Cent Fixed and Classic Fixed account types are suitable for novice traders as they offer comparatively wider spreads of 2 pips with no commission charged. On the other hand, experienced traders can opt for the Cent Pro and Classic Pro account types, which offer tighter spreads from 0.1 pips with a commission of $10 cents and $8 cents per lot respectively. The Classic Standard account type is another option available for traders looking for tighter spreads of 0.9 pips with no commission charged.

Spreads and commissions are subject to change based on market conditions and volatility. Therefore, traders are advised to keep a close eye on the current trading fees and account terms and conditions before making any trades.

Non-Trading Fees

Apart from trading fees, Markets4you also charges some non-trading fees. One of the most significant non-trading fees is the inactivity fee. If you do not trade for 90 consecutive days, Markets4you will charge an inactivity fee of $10 per month until you resume trading or your account balance is zero. Another non-trading fee that you may encounter is the withdrawal fee, which varies depending on the payment method you choose. For example, if you withdraw funds using a bank wire transfer, Markets4you will charge a fee of $10. Additionally, if you use a payment system like Skrill or Neteller, you may be subject to a fee of up to 3.5% of the transaction amount. Therefore, it is essential to consider these non-trading fees when choosing a payment method and managing your account to avoid unnecessary charges.

Trading Platforms

Markets4you offers multiple trading platforms, including popular and well-established MetaTrader 4 and MetaTrader 5 trading platforms, which provide a stable and robust trading experience for both novice and experienced traders. These platforms are renowned for their advanced charting and analytical tools, multiple order types, and customizable interface, which can be tailored to suit the preferences of individual traders. Additionally, Markets4you also offers its proprietary trading platform, Markets4you, which provides a seamless and user-friendly trading experience across all desktop and mobile devices.

Deposit & Withdrawal

Markets4you offers several payment methods for both deposit and withdrawal, making it easier for clients to manage their funds. The available payment methods include Skrill, Neteller, WebMoney, Visa, and Mastercard. The minimum deposit amount varies depending on the chosen payment method. For Skrill, Neteller, and WebMoney, the minimum deposit amount is $1. For Visa and Mastercard, the minimum deposit amount is $10.

Withdrawals can be processed through the same payment methods as deposits. Withdrawals via e-wallets like Skrill, Neteller, and WebMoney are processed within 24 hours, while withdrawals via Visa and Mastercard take 2-5 business days to process. The minimum withdrawal amount for e-wallets is $1, and for Visa and Mastercard, it is $10. There are no withdrawal fees for all payment methods.

Before withdrawing funds, clients need to verify their accounts by submitting the necessary documents for verification. The verification process typically takes up to 1 business day, after which clients can proceed with their withdrawals.

Bonuses Offered

Markets4you, a forex broker, provides a range of bonus programs to enhance the trading experience for its clients. Two notable bonus offerings by Markets4you include the 100% deposit bonus and the 50% cashback program:

100% Deposit Bonus: Markets4you offers a generous 100% deposit bonus to eligible clients. This bonus provides traders with additional trading capital by matching their deposit amount. For example, if a client deposits $500, they will receive an additional $500 as a bonus, effectively doubling their trading funds. This bonus can be a valuable tool for increasing trading potential and exploring new opportunities in the market.

50% Cashback Program: Markets4you also features a 50% cashback program. Under this program, traders can earn a cashback on their trading volume. The cashback is a percentage of the spread or commission paid on each trade, depending on the specific account type and trading conditions. This cashback is credited back to the client's account, providing an additional financial benefit and reducing the overall trading costs.

Customer Support

Markets4you offers customer support via various channels to assist their clients with any inquiries or issues they may have. The broker has a responsive and knowledgeable support team that is available 24/7 to assist clients. Markets4you's customer support can be reached via email, phone, live chat, and even social media platforms such as Facebook and Twitter. Additionally, the broker provides a comprehensive FAQ section on their website, which covers a wide range of topics and may answer many common questions that clients have.

Below are the details about the customer service.

• Language(s): English, melayu, Chinese, Thai language, Vietnamese, Bengali, Indian
• Service Hours: 24/7
• Email: info@forex4you.com
• Phone: +44 330 027 1824
• Address: First Floor, Mandar House, Johnson's Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands
• Social media: Facebook, Instagram, YouTube

Educational Resources

Markets4you provides rich educational resources to help traders improve their trading skills and knowledge. The broker offers a variety of articles covering different topics related to forex trading, including technical analysis, fundamental analysis, and trading strategies. Additionally, Markets4you has a trading school that provides a comprehensive course on forex trading, suitable for both beginners and advanced traders.

Video tutorials are also available to help traders understand the different aspects of trading, such as how to use the trading platform and how to perform technical analysis. Markets4youalso conducts webinars and seminars, which are led by experienced traders and cover a wide range of topics, such as trading psychology, risk management, and market analysis.

Moreover, Markets4you provides an economic calendar that displays important economic events and their impact on the financial markets. Traders can use this tool to stay up-to-date with the latest news and plan their trades accordingly.

Conclusion

In the end, Markets4you is an online broker that offers forex, commodities, index, and stock globally. It also provides flexible account options to meet various trading requirements, and there is no minimum deposit required. Diverse account options are available at Markets4you, where you may take advantage of 1:1000 leverage and spreads as low as 0.1 pips. Excellent customer service and rich educational materials are also available to traders through this broker. To be very honest, this broker is more suited for seasoned traders who aren't afraid to take risks than for newcomers.

FAQs

Is Markets4you legit ？

Yes, Markets4you is offshore regulated by the Financial Services Commission (FSC) in the British Virgin Islands.

What is the minimum deposit to open an account with Markets4you？

Markets4you do not have a minimum deposit requirement.

What trading platforms does Markets4you offer？

Markets4you offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as the Markets4you proprietary platform, which is available on desktop and mobile devices.

What is the maximum leverage offered by Markets4you？

Markets4you offers a maximum leverage of up to 1:1000, depending on the type of account you have.

What educational resources does Markets4you offer？

Markets4you offers a range of educational resources, including articles, trading schools, video tutorials, webinars, and more, aimed at helping traders improve their skills and knowledge.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.