TP Global FX vs M4Markets
TP Global FX or M4Markets – which is better for UK traders 2024? Compare TP Global FX and M4Markets in this detailed breakdown of their platforms, features and fees.
| TP Global FX | M4Markets |
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| TP Global FX is ranked #97 among CFD brokers. | M4Markets is ranked #38 among CFD brokers. |
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TP Global FX has closed or no longer accepts UK clients.
TP Global FX is an offshore broker with a strong focus on education and technical analysis tools. It offers STP pricing and up to 1:500 leverage on 50+ forex pairs and a smaller range of stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers additional services including copy trading and an informative daily blog. |
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. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| Forex, CFDs, indices, commodities, cryptocurrencies | Forex, CFDs, Indices, Shares, Commodities, Cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $200 | $5 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| SVGFSA, VFSC, CAMA | FSA, CySEC |
| Mobile Apps | |
| Yes (iOS & Android) | Yes |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | No |
| 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 | |
| Yes | No |
| STP Account | |
| Yes | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Yes (APIs) |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Follow and copy multiple professional traders using performance analytics and market signals at TP Global FX. | 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. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| No | No |
| Tournaments | |
| Yes | 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 | |
| TP Global FX clients can trade CFDs on forex as well as around 12 stocks, 12 indices, five cryptocurrencies and commodities including gold, silver oil and gas. CFDs trade with up to 1:500 leverage on the hugely popular and reliable MT4 and MT5 platforms. | 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. |
| Leverage | |
| 1:500 | 1:1000 |
| FTSE Spread | |
| Not offered | From 0.01 |
| GBPUSD Spread< | |
| From 0.2 pips | Raw from 0.0 pips |
| Oil Spread | |
| From 0.2 pips | From 0.01 |
| Stocks Spread | |
| From 0.2 points | N/A |
| Forex | |
| TP Global FX offers trading on 50+ forex pairs with a good selection of minors and exotics as well as the majors. The broker offers fast 30ms execution speeds with a Straight-Through Processing system. Very tight spreads starting from 0.2 are available on pro accounts, while standard commission-free account spreads start from 1.2. | 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. |
| Assets | |
| 50+ | 50 |
| GBPUSD Spread | |
| From 0.2 pips | Raw from 0.0 pips |
| EURUSD Spread | |
| From 0.2 pips | Raw from 0.0 pips |
| EURGBP Spread | |
| From 0.2 pips | Raw from 0.0 pips |
| Cryptocurrency | |
| TP Global FX offers CFDs on five cryptocurrencies paired with USD. Spreads are lower than many alternatives and users can trade crypto 24/7 without interruption. | 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. |
| Spread | |
| Variable | From 0.0 pips |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| TP Global FX | M4Markets |
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TP Global FX vs |
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