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FP Markets , Markets4you Broker Comparison

Do you want to know which is the better broker between FP Markets and Markets4you ?

In the table below, you can compare the features of FP Markets , Markets4you side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
FP Markets
8.87
Regulated
Under guarantee
--
--
15-20 years
ASIC,CYSEC
VISA, Mastercard,International bank wire,NETELLER,Skrill,Neteller
AA
AAA
316.1
140
156
140
734
734
531
B

EURUSD: -0.3

XAUUSD: 1.7

16
-1
16
AAA
7.03 USD/Lot
18.17 USD/Lot
A

Long: -5.88

Short: 2.51

Long: -35.22

Short: 20.75

AA
0.1
8.8
Raw,Standard
70+ FX pairs, metals, indices, commodities
$100 AUD or equivalent
1:500
From 0.0
0.00
--
0.01
--
Markets4you
5.22
Offshore Regulatory
Under guarantee
--
15-20 years
FSC
VISA,Skrill,Neteller
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Classic Standard,Cent Pro,Classic Pro,Classic Fixed,Cent Fixed
--
0$
1:1000
from 0.9
20.00
--
0.01
--

FP Markets 、 Markets4you BrokersRelevant information

Markets4you BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of fp-markets, forex4you lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fp-markets
FP Markets Basic Information
Registered Country Sydney, Australia
Founded in 2005
Regulation ASIC, CySEC
Minimum Deposit $100
Trading Instruments Forex, Indices, Commodities, Shares, Cryptocurrencies, Metals, Bonds, and ETFs
Trading Platforms MetaTrader 4, MetaTrader 5, Iress
Account Types Standard, Raw, Islamic, Demo
Leverage Up to 1:500
Spreads From 0.0 pips
Commission $3.00 per side per 100k traded (Raw Account only)
Deposit and Withdrawal Methods Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, POLi, FasaPay, China Union Pay, BPay, PayPal
Customer Support 24/7 Live Chat, Email, Phone Support, Knowledge Base, Video Tutorials
Educational Resources Webinars, eBooks, Trading Videos, Trading Tools, Market Analysis, Economic Calendar

Overview of FP Markets

FP Markets is an Australian-based online brokerage firm that offers various trading instruments including forex, shares, indices, metals, and cryptocurrencies. The company was founded in 2005 and is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). FP Markets provides clients with access to multiple trading platforms including MetaTrader 4, MetaTrader 5, and IRESS. The broker also offers several account types to cater to the needs of different traders, including Standard andRaw, with the minimum deposit to open a standard account starting from $100 AUD or equivalent amount. The standard account is designed for novice traders, while the Raw account is intended for more experienced traders who require tighter spreads and faster execution speeds. In addition, the company offers Islamic accounts, as well as a free demo account for traders to test their strategies in a risk-free environment.

When it comes to trading conditions, FP Markets is known for its competitive spreads and low commissions. The broker also offers high leverage options of up to 500:1 for forex trading. Additionally, the broker offers various 24/7 customer support and rich educational resources such as webinars, trading guides, and video tutorials, which can help both novice and experienced traders to improve their trading skills.

basic-info

Is FP Market Legit or a Scam?

Yes, FP Markets is a regulated broker. They are regulated by two reputable regulatory bodies: the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). ASIC is known for its strict regulations and is considered to be one of the most trusted regulators in the world. CySEC is also a reputable regulator and is responsible for regulating the financial markets in Cyprus, which is an important hub for forex and CFD trading. FP Markets' adherence to these regulatory bodies' rules and regulations ensures its transparency, and fairness in its operations.

regulation
regulation

Pros and Cons of FP Markets

FP Markets has several pros, including its strong regulatory framework, low trading fees, diverse range of financial instruments, and robust trading platforms. The broker also offers various account types to suit the needs of different traders and provides excellent customer support. However, some potential cons of FP Markets include limited live trading account types, high inactivity fees, and the fact that the broker is not available to clients from certain countries.

Pros Cons
Regulated by reputable authorities (ASIC, CySEC) No support for U.S. clients
Wide range of trading instruments Limited live account types
Website easy to navigate Inactivity fee charged on dormant accounts
Low spreads and competitive pricing No social trading platform offered
Generous leverage up to 1:500 Minimum deposit not the friendiest compared to other brokers
Rich educational resources available
Negative balance protection
Multiple trading platforms, MT4, MT5 and Iress
High-quality customer service and support

Market Intruments

FP Markets offers over 2250 market instruments for traders to choose from, including forex pair ( over 60) , indices, commodities (Coffee, natural gas, corn & more) , metals (Gold, oil, silver & more), cryptocurrencies, bonds (US10YR & UK Long Gilt Futures GILT), shares ( more than 10,000) and more. With Forex, traders can access major currency pairs, as well as minor and exotic currency pairs. For indices, FP Markets offers a selection of popular indices from around the world, including the S&P 500, NASDAQ, FTSE 100, DAX 30, and more. In the commodities market, traders can trade precious metals like gold and silver, as well as oil, natural gas, and other commodities. FP Markets also offers trading in cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, as well as shares from various exchanges, including the NYSE and NASDAQ. Overall, FP Markets provides a diverse range of market instruments for traders to choose from.

market-instruments

Behold, a comparison table of the vast array of market instruments offered by reputable brokers FP Markets, IC Markets, FXTM, and Exness:

Market Instruments FP Markets IC Markets FXTM Exness
Forex 60+ 65+ 60+ 120+
Commodities 15+ 19+ 3+ 10+
Indices 20+ 18+ 11+ 10+
Stocks 10,000+ 120+ 180+ 0
Cryptocurrencies 5+ 10+ 5+ 5+

Account Types

When it comes to FP Markets' account types, there are a few important things to consider. Firstly, it is worth noting that the available account types depend on which trading platform you choose to use. The MT4 and MT5 platforms offer Standard and Raw account types, while the iRESS trading platform offers both Retail and Wholesale/Professional account types.

Let's take a closer look at each account type. The Standard account offers commission-free trading with spreads starting from 1.0 pip, while the Raw account offers commission-based trading with spreads starting from 0.0 pips. The Raw account is designed for traders who require lower spreads and are willing to pay a commission for the privilege.

On the other hand, the iRESS trading platform offers both Retail and Wholesale/Professional account types. The Retail account offers commission-free trading with spreads starting from 0.0 pips, while the Wholesale/Professional account offers commission-based trading with spreads starting from 0.0 pips. The Wholesale/Professional account is designed for traders who require lower spreads and have higher trading volumes, and are therefore able to access deeper liquidity pools.

Each account type has its own minimum deposit requirement, which varies depending on the platform and account type you choose, with Standard and Raw (MT4 & MT5)starting from $100 AUD or equivalent, retail and wholesale account from $1,000. In addition, each account type offers different leverage options, depending on the financial instrument being traded.

account-types
account-types
Pros Cons
Multiple account types to choose from Limited leverage options for certain account types
Low minimum depoist for Standard and Raw account Minimum deposit requirements can be high for some retail and professional account
Ability to trade multiple markets with IRESS platform Some account types may have higher commission fees
Access to multiple trading platforms Limited cryptocurrency trading options
Professional account options for experienced traders Demo accounts only available for a limited time period
High-speed order execution with ECN trading technology Swap-free account options may not be available for all account types

Demo Accounts

FP Markets offers free demo accounts for both the MT4 and MT5 platforms, allowing traders to practice their strategies and familiarize themselves with the platforms before opening a live trading account. The demo accounts provide access to real-time market data, competitive spreads, and a range of trading tools, making it an ideal option for traders of all levels to test their trading skills without risking their capital.

One of the key advantages of FP Markets' demo accounts is that they allow traders to experience the same trading conditions as their live accounts, giving them a realistic view of the market environment. In addition, the demo accounts are unlimited, meaning that traders can practice for as long as they want without any time restrictions.

FP Markets' demo accounts are valid for 30 days. However, if you require an extension, you can contact their customer support team to request it. They may extend the demo account for an additional 30 days.

demo-account
demo-account

Islamic Accounts

FP Markets offers Islamic or swap-free accounts to clients who follow the Muslim faith and cannot receive or pay interest due to religious reasons. These accounts comply with Sharia law and allow traders to hold positions overnight without incurring any rollover fees or interest charges.

FP Markets' Islamic accounts are available for all account types, including the Standard and Raw accounts for MT4 and MT5, as well as the iRESS Trading platform. Traders can open an Islamic account by submitting a request to the FP Markets support team, which will review and approve the application.

How to open an account?

Here is some more detailed information about how to open an account with FP Markets:

To begin the account opening process, prospective clients can go to the FP Markets website and click on the “Open Live” button. They will then be directed to a page where they can choose between opening a live or a demo account.

open-account

After selecting the account type, clients will need to fill out an application form that requires personal and financial information. This includes details such as their full name, email address, phone number, country of residence, and employment status.

open-account

Clients will also need to provide some identification documents, such as a passport or national ID card, as well as proof of address, which could be in the form of a utility bill or bank statement. FP Markets takes security seriously and has a strict verification process to ensure the safety of client funds and information.

Once the application has been submitted and the client's identity and address have been verified, they will receive an email with their login credentials and instructions on how to fund their account. FP Markets offers a variety of payment options, including credit/debit cards, bank transfers, and various e-wallets.

Leverage

The leverage offered by FP Markets for other instruments varies based on the type of instrument and the entity under which it operates. For example, the Australian entity of FP Markets offers a maximum trading leverage of up to 1:500 for major forex trading, while the CySEC entity offers a maximum trading leverage of up to 1:30 for forex trading. Besides, for commodities and indices, the maximum leverage available is usually lower than for forex trading.

Please bear in mind that trading with leverage involves a higher degree of risk, and traders should use it wisely and with caution. It is always advisable to understand the risks involved and have a sound risk management plan in place before using leverage in trading.

leverage

Spreads & Commissions

FP Markets offers competitive spreads and commissions for its traders. The spreads for forex trading start from as low as 0.0 pips, depending on the type of account and trading platform. The Raw account, which is available on both the MT4 and MT5 trading platforms, charges a commission of $3 per side per lot traded, while the Standard account has no commission but slightly wider spreads.

For trading CFDs on indices, FP Markets charges a commission starting from $10 per lot, while the spreads start from 0.5 points. The commission and spreads for other instruments, such as commodities, shares, and cryptocurrencies, vary depending on the specific instrument and trading platform.

FP Markets offers an Active Traders program that provides discounted trading fees for high-volume traders. Traders who meet certain trading volume requirements can receive rebates on their commissions and reduced spreads.

spread-commission
spread-commission
spread-commission
spread-commission

We've gathered data on EUR/USD, XAU/USD, Brent Crude Oil, and Bitcoin (BTC/USD) from top-notch brokers, including FP Markets, IC Markets, FXTM, and Exness, so you can make an informed decision on where to place your trades.

Broker EUR/USD Spreads (pips) XAU/USD Spreads(pips) Brent Crude Oil Spreads(pips) Bitcoin Spreads(pips)
FP Markets 0 15 3 18.66
IC Markets 0 20 3 60
FXTM 1.3 20 3 130
Exness 0.9 17 2 80

Non-Trading Fees

In addition to trading fees, FP Markets also charges non-trading fees that traders should be aware of before opening an account. The broker charges an inactivity fee of AUD 10 per month on accounts that have been inactive for more than six consecutive months. FP Markets also charges a withdrawal fee of AUD 20 for withdrawals made via bank transfer, while withdrawals made via credit/debit card or e-wallets are free of charge.

Moreover, FP Markets offers a VPS service to its clients, allowing them to access their trading accounts from anywhere in the world. However, the VPS service is not free and is available at an additional cost of AUD 30 per month. The broker also offers a copy trading service called “MAM/PAMM,” which allows traders to copy the trades of professional traders. This service is also available at an additional cost of 10% performance fee.

Besides, FP Markets also charges swap interest for holding positions overnight. The swap rates can be either positive or negative depending on the currency pair and the direction of trade.

non-trading-fees
non-trading-fees
Pros Cons
No deposit or withdrawal fees for most methods. Inactivity fee charged after 6 months of inactivity.
No account administration fees. Some payment methods may incur fees charged by third-party providers.
No fees charged for Islamic accounts. Overnight financing fees (swaps) are charged on positions held overnight.
Low conversion fees for deposits and withdrawals in different currencies.

Trading Platform

FP Markets offers its clients a variety of trading platforms to choose from, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the IRESS platform for advanced traders.

The MT4 platform is well-known for its user-friendly interface and extensive range of analytical tools, making it a popular choice among traders of all levels. The MT5 platform is an upgraded version of MT4, offering additional features such as more timeframes, additional order types, and advanced technical analysis tools.

The IRESS platform is designed for more advanced traders who require direct market access (DMA) and the ability to trade a variety of financial instruments, including stocks, futures, and options, as well as forex and CFDs.

trading-platform
trading-platform
trading-platform

Please note that FP Markets charges fees for using the MT4 and MT5 trading platforms. The fees depend on the account type and trading platform being used. For example, Standard account holders using the MT4 platform are charged zero commissions for various tarding assets, while Raw account holders are charged a commission of $3.5 AUD per lot for forex trades on the same platform. On the MT5 platform, both Standard and Raw account holders are charged a commission of $6 per lot for forex trades. It's important to note that these fees are subject to change and may vary depending on the instrument being traded.

trading-platform
trading-platform
trading-platform

Here is the comprehensive table comparing the top trading platforms offered by FP Markets and other reputable brokers such as IC Markets, Exness, and Avatrade:

Broker Trading Platform Desktop/Mobile/Web Number of Instruments Minimum Deposit
FP Markets MT4, MT5, IRESS Desktop, Mobile 10,000+ $100
IC Markets MT4, MT5, cTrader Desktop, Mobile, Web 300+ $200
Exness MT4, MT5 Desktop, Mobile, Web 150+ $1
Avatrade MT4, MT5, AvaOptions Desktop, Mobile, Web 1000+ $100

Copy Trading

FP Markets presents comprehensive copy trading services. The options include an embedded MT4 service from a leading algorithmic broker, an embedded MT5 service ideal for equity CFD copy trading, and an embedded cTrader service as a reasonable MT4 alternative. Additionally, traders can leverage the well-trusted third-party service Myfxbook AutoTrade or explore the fee-based emerging alternative Signal Start. Furthermore, FP Markets provides an in-house maintained copy trading service, FP Markets Social Trading, catering to traders seeking a proprietary solution.

copy trading

Deposit & Withdrawal

Minimum Deposit

FP Markets requires a minimum deposit of $100. This means that you can not open an account with FP Markets unless you deposit at least $100. However, it is important to note that some payment methods may require a higher minimum deposit. For example, if you are using a bank wire transfer, the minimum deposit may be higher than $100 due to processing fees.

The following is a table showing the comparison of the minimum deosit required by FP Markets and other brokers, avatrade, exness, and ic markets:

Broker Minimum Deposit
FP Markets $100
Avatrade $100
Exness $1
IC Markets $200

FP Markets offers a variety of convenient deposit and withdrawal methods to ensure that clients can easily fund and withdraw their accounts. Clients can deposit funds using credit/debit cards, bank wire transfers, electronic wallets such as Neteller, Skrill, POLi, and FasaPay. FP Markets does not charge any deposit fees, and the processing time for deposits is usually instant or up to 1 business day, depending on the deposit method.

payment-methods
payment-methods

Withdrawal

For withdrawals, clients can use the same methods they used for depositing, and FP Markets does not charge any fees for most withdrawal methods. Withdrawal processing times vary depending on the method used, with electronic wallets usually taking up to 24 hours, while bank transfers can take 3-5 business days. Clients are advised to verify their accounts before making a withdrawal to avoid any delays or complications in the withdrawal process. Additionally, FP Markets offers free internal transfers between accounts, making it easy for clients to manage their funds across multiple trading accounts.

payment-methods
Pros Cons
Fast processing times for deposits and withdrawals Limited payment options compared to other brokers
No fees for most deposit and withdrawal methods High withdrawal fees for bank transfers
Multiple currency options for account funding No support for some popular payment methods
Availability of convenient payment methods

Customer Support

FP Markets offers a range of customer support options to its clients, including email, phone, live chat, and an online contact form. The broker also provides access to a range of educational resources and tools, including a knowledge base, video tutorials, webinars, and trading guides. Additionally, FP Markets offers multilingual support in several languages, including English, Chinese, Spanish, and Portuguese.

In addition, FP Markets has an extensive FAQ section on their website that covers a wide range of topics and can help clients find answers to their questions quickly. 24/7 customer support is a significant advantage for clients who may need assistance outside of regular business hours.

customer-support
customer-support
Pros Cons
24/7 customer support availability Limited language support for customer service
Multiple customer support channels (phone, email, live chat) No dedicated account manager for clients
Fast response times to customer inquiries and requests No in-person support or local offices in some countries
Extensive knowledge base and educational resources Limited social media presence for customer support

Educational Resources

FP Markets offers a wide range of educational resources to help traders improve their knowledge and skills in trading. These resources include video tutorials, webinars, trading guides, and market analysis. The broker also provides a demo account for traders to practice their trading strategies without risking real money. Additionally, FP Markets has a blog section on its website, which covers various trading topics and market updates.

Overall, the educational resources provided by FP Markets are comprehensive and easily accessible to traders. The broker's commitment to educating its clients is commendable, and it shows that it values the success of its clients. However, some traders may find that resources are not sufficient for their needs, and may require more personalized educational support.

educational-resources
educational-resources
Pros Cons
Comprehensive educational resources Some traders may require more personalized support
Demo account available for practice
Regular webinars and market analysis
Blog section with trading insights

Conclusion

To sum up, FP Markets is a reputable and well-regulated broker that offers a wide range of instruments for traders to choose from, including forex, stocks, commodities, cryptocurrencies, and more. The broker offers multiple account types, including demo, Islamic, and standard accounts, as well as various trading platforms such as MT4, MT5, and iRESS. FP Markets also provides 24/7 customer support and a comprehensive range of educational resources for traders of all levels. While there are some potential drawbacks such as non-trading fees and limited leverage for certain instruments, the overall trading experience with FP Markets is generally positive.

FAQs

Question: Does FP Markets offer demo accounts?

Answer: Yes, FP Markets offers demo accounts which can be used for practicing trading strategies and familiarizing oneself with the trading platforms.

Question: What is the minimum deposit requirement at FP Markets?

Answer: The minimum deposit requirement at FP Markets is $100.

Question: What instruments can be traded at FP Markets?

Answer: FP Markets offers a wide range of instruments including forex, shares, indices, commodities, cryptocurrencies, and more.

Question: Does FP Markets offer Islamic accounts?

Answer: Yes, FP Markets offers Islamic accounts for clients who require them.

Question: What is the maximum leverage available at FP Markets?

Answer: The maximum leverage available at FP Markets varies depending on the regulatory jurisdiction. The Australian entity offers up to 1:500 leverage for forex trading, while the CySEC entity offers up to 1:30.

Question: What are the trading fees at FP Markets?

Answer: FP Markets charges spreads and commissions on trades, with the specific fees varying depending on the trading instrument and account type.

Question: What are the deposit and withdrawal options at FP Markets?

Answer: FP Markets offers a range of deposit and withdrawal options including bank transfers, credit/debit cards, e-wallets, and more.

Question: What kind of customer support is available at FP Markets?

Answer: FP Markets offers 24/7 customer support through various channels including live chat, email, and phone.

forex4you
Markets4you Basic Infromation
Registered Country British Virgin Islands
Founded in 2007
Regulation BVI Financial Services Commission (FSC)
Platforms MetaTrader 4, MetaTrader 5, Markets4you (Desktop & Webtrader)
Trading Instruments Forex, CFDs, Indices, Commodities, Stocks
Minimum Deposit $0
Maximum Leverage 1:1000
Account Types Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, Classic Standard
Account Currency Options USD, EUR
Spreads From 0.1 pips on EUR/USD for Cent Pro and Classic Pro account
Commission Vary depending on account types
Demo Account Available
Islamic Account No
Deposits & Withdrawals VISA, MasterCard, WebMoney, Neteller, Skrill
Customer Support Email, Phone, Live Chat
Education Resources Daily market analysis, educational articles, webinars, and trading tools
Bonuses Program Yes

*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

Markets4you is a popular forex broker that operates globally, with its headquarters located in the British Virgin Islands. The broker has been providing forex trading services since 2007, offering a wide range of trading instruments, including forex, stocks, commodities, and indices, and it prides itself on offering its clients competitive trading conditions, advanced trading tools, and exceptional customer support.

The broker offers various types of trading accounts, including Cent Fixed, Classic Fixed, Cent Pro, Classic Pro, Classic Standard, with no minimum deposit required. These accounts differ in terms of their leverage, and spreads, and maximum leverage can be adjusted up to 1:1000.

Markets4you's commitment to innovation and convenience is evident in its trading platforms, which include the popular MetaTrader 4 platform, MetaTrader 5 platform, as well as the proprietary Markets4you platform. Both platforms are user-friendly and offer a range of advanced features, including real-time charts, technical analysis tools, and a variety of order types.

In terms of customer support, Markets4you provides a 24/7 customer service team that can be reached via live chat, email, or phone. The broker also offers multilingual support in a variety of languages, including English, Russian, Chinese, and Spanish.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. We will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

basic-info

Is Markets4you legit or a scam?

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.

regulation

Pros and 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. Potential clients should weigh these pros and cons before deciding to open an account with Markets4you.

Pros Cons
  • Low minimum deposit requirement
  • Limited range of tradable instruments
  • Multiple account types to suit different traders
  • Offshore regulation (only)
  • No minimum deposit requirements
  • Limited educational resources
  • Generous leverage up to 1:1000
  • Limited deposit and withdrawal options
  • Access to multiple popular trading platforms, MT4, MT5 and Markets4you trading platform
  • Limited customer support options outside of standard business hours
  • Copy trading and PAMM investment options
  • No inactivity fees
  • Bonuses and Promotions offered
  • Multiple customer support channels

Market Intruments

Markets4you is a broker that provides traders with an impressive range of 150 trading instruments, which is a testament to its commitment to meeting the diverse needs of its clients. The broker offers 50 currency pairs, which include majors, minors, and exotics, enabling traders to trade on popular pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as lesser-known pairs. Furthermore, Markets4you allows traders to trade commodities such as gold, brent, and wti, making it a great choice for those who wish to diversify their portfolios. Additionally, the broker provides traders with access to 12 major indices, which include the S&P 500, NASDAQ, FTSE 100, and more, giving them the opportunity to take advantage of the stock market's volatility. Finally, Markets4you offers over 50 company stocks that span different sectors such as technology, healthcare, and energy, among others, which can help traders to build a well-rounded portfolio.

market-instruments
Pros Cons
  • Wide range of trading instruments
  • No cryptocurrencies
  • Availability of exotic currency pairs
  • No trading in futures or options
  • Competitive spreads on major currency pairs
  • Limited selection of individual stocks
  • Availability of commodity trading
  • Limited selection of bonds and fixed income assets
  • Access to global stock indices
  • No trading in ETFs or mutual funds
  • High leverage options available up to 1:1000
  • Limited selection of metals
  • Access to Copy Trading and PAMM services

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.

account-types

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.

open-account

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.

open-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.

leverage

Spreads & Commissions (Trading Fees)

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.

Spreads & Commissions
spread-commission

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.

Trading Platforms

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.

deposit-withdrawal

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.

bonus-offered

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.

bonus-offered

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 Number: +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

customer-support
customer-support

Educational Resources

Markets4you provides a range of 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.

educational-resources
educational-resources

Conclusion

In conclusion, Markets4you is an offshore-regulated forex broker that offers a wide range of trading instruments, including forex, commodities, indices, and stocks. The broker has a variety of account types that cater to different trading needs, with no minimum deposit required. Markets4you offers high leverage up to 1:1000, and competitive spreads starting from 0.1 pips with some of their account types. The broker also offers excellent customer support and a variety of educational resources to help traders improve their skills and knowledge.

However, there are some limitations, such as the lack of regulatory oversight from a top-tier regulatory body and the limited availability of certain payment options.

FAQs

Q: Is Markets4you regulated?

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

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

A: Markets4you do not have a minimum deposit requirement, meaning you can start trading with any amount you wish.

Q: What trading platforms does Markets4you offer?

A: 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.

Q: What is the maximum leverage offered by Markets4you?

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

Q: What educational resources does Markets4you offer?

A: 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.

Are the transaction costs and expenses of fp-markets, forex4you lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fp-markets and forex4you are, we first considered common fees for standard accounts. On fp-markets, the average spread for the EUR/USD currency pair is From 0.0 pips, while on forex4you the spread is from 0.9.

Which broker between fp-markets, forex4you is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fp-markets is regulated by ASIC,CYSEC. forex4you is regulated by FSC.

Which broker between fp-markets, forex4you provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fp-markets provides trading platform including Raw,Standard and trading variety including 70+ FX pairs, metals, indices, commodities. forex4you provides trading platform including Classic Standard,Cent Pro,Classic Pro,Classic Fixed,Cent Fixed and trading variety including --.

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