M4Markets vs InstaForex
M4Markets or InstaForex – which is better for UK traders 2024? Compare M4Markets and InstaForex in this detailed breakdown of their platforms, features and fees.
M4Markets | InstaForex |
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M4Markets is ranked #38 among CFD brokers. | InstaForex is ranked #15 among CFD brokers. |
M4Markets is an award-winning broker regulated by the CySEC, FSA and DFSA. Although relatively new, the broker continues to improve its offering with a range of innovative tools, platforms and accounts. Beginners can start with just $5, whilst experienced investors can access leverage up to 1:5000. | InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to over 7 million clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs. Traders can also access copy trading services, PAMM accounts and investment opportunities. InstaForex is regulated by the BVI FSC. |
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
Forex, CFDs, Indices, Shares, Commodities, Cryptos | Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures |
Bonus | |
Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses | |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | $1 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) |
Regulator | |
FSA, CySEC | BVI FSC |
Mobile Apps | |
Yes | iOS and Android + browser based platform |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
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) | Yes |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
M4Markets continues to deliver a user-friendly copy trading service to beginners looking to mirror other strategies and to experienced investors looking to become a mentors. The service easily synchronizes with your trading platform and is active 24/7. | The Copy Trading facility at Instaforex is increasingly popular, due to the clear design and growing list of specialist traders and markets. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
M4Markets offers CFD trading across forex, stocks, indices, commodities and cryptocurrencies. Traders can access powerful charting platforms with multiple order types and built-in indicators. There’s also a good selection of data-driven analysis tools supplied by reputable provider, Acuity. | You can trade CFDs across a range of diverse markets with flexible account types and leverage up to 1:1000. With access to both MT4 and MT5, traders can execute multiple short-term CFD trading strategies using the dozens of pre-integrated technical indicators and graphical objects. |
Leverage | |
1:1000 | 1:30 for retail clients, 1:500 for professional |
FTSE Spread | |
From 0.01 | Fixed |
GBPUSD Spread< | |
Raw from 0.0 pips | Av. Floating 0.6 pips |
Oil Spread | |
From 0.01 | Fixed |
Stocks Spread | |
N/A | Commissions as low as 0.1% |
Forex | |
M4Markets offers 45+ currencies with zero pip spreads. The low latency and 30-millisecond execution speeds makes the broker a decent choice for forex traders. Additionally, there are no restrictions on trading strategies, including scalping. | InstaForex's range of 100+ currency pairs is among the largest we have seen. ECN spreads are also available from 0.0 pips with zero commissions. Minimum deposits start from $1 making the broker accessible for beginners. You can also access market-leading forex analysis and insights. |
Assets | |
50 | 1000+ |
GBPUSD Spread | |
Raw from 0.0 pips | Av. Floating 0.6 |
EURUSD Spread | |
Raw from 0.0 pips | Av. Floating 0.2 |
EURGBP Spread | |
Raw from 0.0 pips | Av. Floating 0.5 |
Currency Indices | |
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Cryptocurrency | |
M4Markets offers a decent range of 15 crypto CFDs paired with USD. Traders can get started with as little as $5 and enjoy zero commissions on crypto trades. Spreads on BTCUSD average around 14.1 which is competitive and in line with the top low-cost crypto brokers. | There's a range of 10+ crypto tokens against USD, with 0.1% fees and 1:5 leverage. You can also trade the Bitcoin token with spreads around 25, which is in line with similar brokers. |
Spread | |
From 0.0 pips | 0.1% |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
M4Markets | InstaForex |
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | |
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