M4Markets vs FXOpen

M4Markets or FXOpen – which is better for UK traders 2025? Compare M4Markets and FXOpen in this detailed breakdown of their platforms, features and fees.

M4Markets vs FXOpen Comparison Table 2025
M4Markets FXOpen
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3.6
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3.7
M4Markets is ranked #32 among CFD brokers. FXOpen is ranked #63 among CFD brokers.
M4Markets, a distinguished broker, operates under the regulation of CySEC, FSA, and DFSA. Despite its recent emergence in the market, M4Markets constantly enhances its services with cutting-edge tools, platforms, and account options. Novices can begin trading with a minimum of $5, whereas seasoned traders benefit from leverage as high as 1:5000. Founded in 2005, FXOpen is a well-regulated broker that has drawn over one million traders. Tailored for active trading, it offers a diverse range of over 700 markets. The platform facilitates high-frequency trading, scalping, and various algorithmic strategies through the use of expert advisors (EAs).
Pros
  • M4Markets is a cost-effective brokerage, providing spreads starting at 0.0 pips with no commission charges, and an approachable minimum deposit of just $5.
  • Execution speeds are rapid, averaging 30 ms, which we classify as fast and ideal for traders given that any speed under 100 ms caters well to active trading needs.
  • The broker provides various automated trading options, such as a copy trading service and MAM/PAMM accounts.
  • A variety of global payment options are available, all free from deposit or withdrawal charges.
  • Reliable customer support is available 24/5 through live chat, phone, and email in 10 languages.
  • M4Markets possesses various international licences, such as those from CySEC and DFSA.
  • FXOpen integrated TradingView in 2022 and enhanced its TickTrader platform in 2024. This upgrade delivers Level 2 pricing, over 1,200 trading instruments, and sophisticated order options. The platform appeals to both seasoned and high-frequency traders.
  • FXOpen significantly cut FX spreads by over 40% in 2022. In 2023, they launched commission-free index trading. These changes make trading more economical for traders.
  • In 2024, FXOpen simplified its account options. Traders now benefit from ECN accounts with raw spreads starting at 0.0 pips. The platform offers rapid execution and reduced commissions for those with high trading volumes, enhancing user experience.
Cons
  • The educational resources lag behind leading brokers, offering just a limited range of eBooks and webinars.
  • With approximately 200 investment options, the range is limited when contrasted with leading brokers who typically provide over 1,000 choices.
  • M4Markets does not provide rebate schemes or incentives for active traders.
  • Though FXOpen remains a trusted broker with authorizations from the FCA and CySEC, it lost its ASIC license in 2024 due to 'serious concerns.' Consequently, it no longer accepts traders from Australia.
  • FXOpen's educational resources are quite limited, with a scarcity of courses and webinars commonly available at brokers such as IG. This deficiency may deter novice traders looking to enhance their understanding.
  • Even with an expanded asset portfolio, FXOpen provides a more limited selection of global stocks, commodities, and cryptocurrencies compared to the leading firm BlackBull. This results in fewer diverse trading opportunities for traders.
Awards
  • Best Deposits & Withdrawals Broker, Fazzaco
  • Most Transparent Broker, World Finance Awards
  • Best Trading Conditions Broker Global, International Business Magazine
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
Forex, CFDs, Indices, Shares, Commodities, Cryptos CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
$5 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA, CySEC FCA, CySEC, FC
Mobile Apps
Yes iOS & Android
Trading App

The FXOpen Trading App is a user-friendly mobile app for trading 700+ global markets. With real-time data, level 2 pricing, live charts, and financial news, it’s been refined over the years to deliver one of the highest Android app store ratings we’ve seen – a testament to its top-notch user experience.

iOS App Rating
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2.8
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5
Android App Rating
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rating full
2.8
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rating full
5
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Yes (APIs) Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
M4Markets offers an accessible trading service for novices eager to replicate strategies and for seasoned investors aiming to mentor. The service integrates seamlessly with your trading platform and operates round-the-clock. FXOpen's PAMM Copy Trading service enables investors to replicate the strategies of seasoned traders. It offers a clear, performance-focused system with flexibility, automated profit-sharing, and thorough account management.
Social Trading
Yes No
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • ZAR
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • SGD
  • RUB
Commodities
  • Gold
  • Silver
  • Oil
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
M4Markets provides CFD trading options in forex, stocks, indices, commodities, and cryptocurrencies. Traders have access to advanced charting platforms featuring various order types and integrated indicators. Additionally, the platform offers a robust array of data analysis tools from the trusted provider, Acuity. FXOpen offers an impressive array of CFDs, including over 700 assets like stocks, indices, currencies, commodities, cryptocurrencies, and a wider selection of ETFs. Since 2022, the inclusion of TradingView and enhancements to the TickTrader platform have equipped traders with superior tools. FXOpen thus delivers a comprehensive trading experience.
Leverage
1:1000 1:30 (EU, UK), 1:1000 (Global)
FTSE Spread
From 0.01 0.7
GBPUSD Spread<
Raw from 0.0 pips 0.4
Oil Spread
From 0.01 0.04
Stocks Spread
N/A 0.40 (Apple)
Forex
M4Markets provides over 45 currencies with zero pip spreads. The broker is a solid option for forex traders due to its low latency and 30-millisecond execution speeds. Furthermore, traders can implement any strategy, such as scalping, without limitations.
Assets
50 50+
GBPUSD Spread
Raw from 0.0 pips 0.4
EURUSD Spread
Raw from 0.0 pips 0.2
EURGBP Spread
Raw from 0.0 pips 0.5
Cryptocurrency
M4Markets provides a solid selection of 15 cryptocurrency CFDs paired with USD. With an initial investment of just $5, traders can benefit from commission-free crypto transactions. The average BTCUSD spread is approximately 14.1, competitive and comparable to leading low-cost crypto brokers. FXOpen provides more than 40 cryptocurrency CFDs, featuring both crypto-only pairs and those paired with traditional currencies like GBP, USD, and JPY. Traders can leverage their crypto CFD trades at a ratio of 1:2. There are three types of orders available: market, limit, and stop, and scripts are on hand for automated trading.
Spread
From 0.0 pips 9.0 (BTC)
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • DOGE
  • DASH
  • XMR
  • OMG
  • NEO
  • QTUM
  • ZEC
  • DOT
  • SOL
  • ETX
  • AXS
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
M4Markets FXOpen
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