How to open M4Markets account and start trading FX and CFDs? Table of Contents
- Verify your account and Open an account
- Required Documents for Account Verification
- What is M4Markets' trade execution model?
- Condition of Fund Deposit and Withdrawal
- How do I make a deposit to M4Markets account?
- Condition of Leverage on M4Markets account
- Condition of Margin Requirement on M4Markets account
- Condition of Swap Points (interest rate) on M4Markets account
- Stop Loss and Take Profit tools
- Join M4Markets IB Partner Program
Verify your account and Open an account
You can open a trading account once your M4Markets profile is verified.
M4Markets offers the following trading account types: Standard, VIP and Elite (available on request – please check M4Markets Official Website for criteria to qualify for Elite).
Spreads for the VIP and Elite account types are raw, hence they start from 0.
For Standard accounts, spreads begin from 1.1 pips.
Depending on market conditions, spreads may fluctuate (increase or decrease).
The minimum trade size for Forex is 0.01 lots and the maximum trade size is 100 lots. The maximum amount of orders you can open on an MT4 account is 200.
There is no maximum amount to trade online.
M4Markets offers negative balance protection for all of M4Markets’ retail clients
After your documents are uploaded and approved, thus verifying your profile, then you can open a trading account.
The credentials of your trading account will be sent by email and you can simply download the MT4 platform from M4Markets Official Website, fund your account and start trading.
Go to M4Markets Official Website
Required Documents for Account Verification
As a regulated company, M4Markets operates in accordance with a number of compliance regimes and procedures set by the Financial Services Authority of Seychelles. These procedures involve the collection of adequate documentation from M4Markets’ clients with regards to KYC (Know Your Client), including the collection of a valid ID card and a recent (within 3 months) utility bill or bank account statement that confirms the address of the client has registered with.
Identity – A colored copy of identification document (Passport, National Identity Card, Driving License, or any other document issued by an independent and reliable source that carries your photo). The provided document must be valid and clearly show your Full Name, Date of Birth, Issue/ Expiry date, and serial number.
Residence Proof of address (recent utility bill, recent bank or credit card statement, etc.). The provided document must be in full-page, recently issued- within 3 months – and clearly display the name, address (no PO Boxes allowed), and the service that provided this document.
Economic Profile – This is an overview of your economic landscape.
As long as you will use the same personal /contact details as for your previous account, your new account will be validated automatically.
If you wish to update your email address, please log in to your member’s area, go to your Profile and click on ‘Change’. M4Markets’ back-office department will receive your request and will proceed accordingly. You can also change your password, the communication language, and the notifications preferences from the same page.
Open M4Markets Account for Free
What is M4Markets’ trade execution model?
M4Markets is an FSA Seychelles regulated broker with a fully automated No Dealing Desk (NDD) execution model, providing liquidity from global, top-tier banks and hedge funds.
M4Markets’ average execution speed is around 0.15 seconds.
For the Live Server, you select TrinotaMarkets-Live, and for the Demo server, you select TrinotaMarkets-Demo.
M4Markets MT4 vs MT5 – Which Platform is better for Forex trading?
Condition of Fund Deposit and Withdrawal
M4Markets offers you a wide selection of payment options such as wallets, electronic payments, local wire transfers, and bank wire transfers.
You can see the options in the client area. Payment methods differ by country.
The required minimum deposit amount is $5 for Standard, $500 for VIP, and $10,000 for Elite.
You can deposit money in any currency; funds will be converted into the currency of your account.
There is a minimum amount per deposit/withdrawal based on your account type and payment method.
For more details please refer to M4Markets’ Deposits and Withdrawals characteristics.
M4Markets is regulated as a Securities Dealer by the Seychelles Financial Services Authority Security (FSA) (license number SD035). All systems and procedures are in compliance with the FSA regulations, which means that your funds are held in segregated accounts to protect your assets.
Go to M4Markets Official Website
How do I make a deposit to M4Markets account?
Making a deposit can be done in 3 easy steps:
- Log in to your client area and navigate to make a deposit;
- Select a payment method of your preference;
- Enter the amount and follow the instructions given.
Deposits are typically processed and available in your account to use within 24 hours. For more details please refer to M4Markets’ Deposits and Withdrawals page.
All deposits done through an e-wallet will be immediately added to your trading account. For deposits done through bank wire, it might take up to 5 days to be received in M4Markets’ bank account, and then it will be immediately credited to your trading account.
It is also possible to transfer money from one trading account to another trading account. You can request an internal transfer between your trading accounts, but only if both accounts have been opened under the same M4Markets account/ profile. If the base currency is different, the amount will be automatically converted. Internal transfers can be requested in the Clients’ Area.
How to withdraw funds from M4Markets account?
M4Markets processes withdrawal/refunds back to the source of the original deposit only. All withdrawal requests will be executed within one business day.
M4Markets processes a withdrawal request within one business day. The time that you will receive the funds in your bank account depends on your country of residence and the payment method.
For payments done via e-wallet, funds will be credited immediately to your account, and for payments done via bank wire, usually takes between 3-5 business days. M4Markets do not take responsibility in case the payment service provider takes longer than normal.
Usually, M4Markets proceeds by sending the funds via the same way that the client deposited. If the client made any profit, M4Markets will proceed with sending the funds either the same way as with the deposit amount or using an additional payment method. It always depends on the deposit method that the client used to fund his account. Each withdrawal request should meet the minimum amount criteria.
Visit M4Markets Official Website
Condition of Leverage on M4Markets account
The minimum leverage is 1:1 and the maximum leverage is 1:1000. Leverage levels are instrument-specific.
Leverage is the multiplier of your equity. Example: When using the leverage of 1:1000 to open a position of 1 Lot EUR/USD, as long as 1 Lot is equivalent to 100,000 base currency (100,000 EUR in this case), then you need a free margin of 100,000/1000=400 to able to open 1 Forex Lot.
The usage of leverage is considered high risk for the reason that, even though you can open a 100,000 EUR position with a margin of 400, the profit/loss will be based on the 100,000 EUR amount.
You can change your leverage. Log in to your portal, then choose the account in which you want to change the leverage from the sidebar, and then Request the New Leverage value you prefer.
Condition of Margin Requirement and Leverage on M4Markets
Condition of Margin Requirement on M4Markets account
Margin is the amount of money that you need to open a trade, divided by the leverage or multiplied by the margin requirement, depending on the instrument.
Margin Level is Equity divided by Margin used. I.e., Marin Level = Equity / Margin
Free Margin is Equity – Margin. I.e., Free Margin = Equity – Margin.
Margin is always calculated in the instrument currency, which is then converted to the account currency.
Example for Forex: Lots * 100,000 / Account Leverage in Base Currency
Example for DE30.c (Dow Jones 30 Cash Index): Lots * 1 * Opening Price * Margin Requirement%
Example for AAPL.QQ (Apple Shares): Lots * 1 * Opening Price * Margin Requirement%
What is the margin formula for Gold/Silver?
The contract Size of Gold is 100 ounces, whereas for Silver it is 5,000 ounces.
For XAUEUR: (Lots * 100 * Open Price * Margin Requirement%) EUR
For XAGUSD: (Lots * 5,000 * Open Price * Margin Requirement%) USD
Go to M4Markets Official Website
Condition of Swap Points (interest rate) on M4Markets account
The swap formula is Swap Long/Short in points * Point Value * Lots in the quote currency.
Please note that, depending on the instrument, the swap triples on one day of the week.
Example: 5 Lots Buy GBP/USD where Swap Long is -1.909. 1 point is equivalent to 1 USD.
Hence, 5 * 1 * (-1.909) = -9.55, 1 day swap for 5 Lots Buy GBP/USD
Example: 2.25 Lots Sell GBP/JPY where Swap Short is -2.852. 1 point is equivalent to 100 JPY.
Hence, 2.25 * 100 * (-2.852) = -641.70 JPY
Example: 14.10 Lots Buy WTI_OIL, where Swap Long is -12.075 points. 1 point is equivalent to 0.01 USD.
Hence, 14.10 * 0.01 * (-12.075) = -1.70 USD
Start trading FX and CFDs on M4Markets
Stop Loss and Take Profit tools
Stop Loss is an order which can be placed by clients in order to minimize losses or limit profits. For Buy orders, Stop Loss can be placed only below the current price; whereas for Sell orders, Stop Loss can be placed only above the current price.
Take Profit is an order which can be placed by clients in order to automatically close a position when a certain Take Profit price is triggered. For Buy orders, Take Profit can be placed only above the current price; whereas for Sell orders, Take Profit can be placed only below the current price.
How can to calculate 1 pip of profit or loss?
Amount of Base Currency * Pips= Value in Quote Currency
Examples:
Value of 1 pip in AUD/USD= 1 Lot (100 000 €)*0.0001= 10 USD
Value of 1 pip in GBP/CHF= 1 Lot (100 000 $)*0.0001=10 CHF
Value of 1 pip in AUD/JPY=1 Lot (100 000 €)*0.01= 1000 JPY
Which M4Markets’ account type is the best for trading Forex?
Join M4Markets IB Partner Program
Complete the verification process to become a client (Identity, Residence, and Economic Profile details).
Then you should select the option: Become an Introducer on your IB Menu.
Complete the IB Application form, providing the required information.
Your IB Application form will be reviewed by M4Markets’ partner department and an Account Manager will contact you to discuss your application.
Our Partners team will send you via email the IB Agreement for signing.
Once you review and sign the IB contract, you should send it back to partners@m4markets.com – signed with all the pages attached.
How does M4Markets’ partner program work?
Please check M4Markets official website or contact the customer support with regard to the latest information and more accurate details.
M4Markets official website is here.
Please click "Introduction of M4Markets", if you want to know the details and the company information of M4Markets.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!