- Max leverage
- 5,000:1
- Min deposit
- $0
- Bonus
- 25% deposit bonus
FXGT vs M4Markets: Which Broker Is Better?
Short answer
Both offer leverage up to 5000:1, but with different strings: M4Markets gives it on FX majors up to 1 lot, FXGT on its Optimus account under $1,000 equity after an activity requirement. Pick M4Markets for the bigger bonus (50% on every deposit) and published average spreads. Pick FXGT for a $0-minimum 1000:1 account, copy trading and a wider crypto offer. Both are licensed by the Seychelles FSA.
- Max leverage
- 5,000:1
- Min deposit
- $5
- Bonus
- 50% deposit bonus
Comparison table
| Feature |  FXGT |  M4Markets |
|---|---|---|
| Max leverage | 5,000:1 | 5,000:1 |
| Min deposit | $0 | $5 |
| Bonus | Deposit bonuses | 50% credit bonus on each deposit, up to $10,000 |
| Account types | 5 types | 5 types |
| Platforms | MT4 / MT5 / FXGT App / FXGT Trader | MT4 / MT5 |
| Licence | FSA Seychelles SD019 | FSA Seychelles SD035 |
| Bonus offered | ✓ | ✓ |
| No-deposit bonus | Offered at times | None listed publicly |
| Deposit bonus | 25% loyalty bonus on every deposit, up to $10,000 | 50% credit bonus on every deposit to a verified account, c… |
| Negative balance protection | ✓ | ✓ |
| Stop-out level | 20% | 20% |
| USD/JPY spread | 2 pips | 2.25 pips |
| EUR/USD spread | 1.9 pips | 1.6 pips |
| EUR/USD spread (low-spread account, no commission) | 0.9 pips | No such account |
| Gold spread | 32 pips | 25.8 pips |
| USD/JPY spread (raw account) | 0.5 pips | 0.65 pips |
| EUR/USD spread (raw account) | 0.5 pips | 0.4 pips |
| Commission (per lot, round turn) | 6 | 7 |
| Withdrawal time | E-wallets within 24-48 hours | Usually processed within 24 working hours |
| Deposit & withdrawal methods | Visa/Mastercard, Apple Pay, Google Pay, Neteller, bitwalle… | Bank transfer |
| ECN account | ✓ | ✓ |
| Cent account | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| EAs allowed | ✓ | ✓ |
| Copy trading | ✓ | ✓ |
| Swap-free | ✓ | ✓ |
| Crypto CFDs | ✓ | ✓ |
| Stock CFDs | ✓ | ✓ |
| Local-language support | ✓ | ✓ |
| Rebates and loyalty | No rebate | Loyalty programme: points set your tier |
The short answer
FXGT and M4Markets are closer than most pairs: both are Seychelles-licensed, both advertise 5000:1, both have raw/ECN accounts and both state negative balance protection. The differences are in the fine print of that leverage, in the bonus you can count on, and in how much each broker tells you up front.
1. How you get to 5000:1
M4Markets’ Dynamic Leverage account gives 5000:1 on FX majors for positions up to 1 lot, falling to 2000:1 above 1 lot and lower again with size. Gold starts at 3000:1 up to 0.5 lots. There’s no activity hurdle; the account opens from $5.
FXGT’s Optimus account gives 5000:1 while equity is under $1,000, and only after you’ve traded 5 GT lots and closed 8 trades. FXGT’s other accounts go up to 1000:1. So M4Markets ties leverage to position size, FXGT to account size and history. Both approaches mean the headline number applies only to small exposure. Compare: high-leverage brokers, FXGT leverage, M4Markets leverage.
2. Minimum deposit
FXGT’s 1000:1 account has a $0 minimum balance. M4Markets starts at $5 on Standard, Dynamic Leverage and Cent (with selected payment methods), $500 on Raw Spread and $10,000 on Premium. For a first small deposit both are effectively open.
3. Bonus: 50% versus 25%
M4Markets pays 50% on each deposit, up to $10,000 of credit, converting to cash as you trade. FXGT pays a 25% loyalty bonus on every deposit, also capped at $10,000, on its Mini and Standard+ accounts; the credit isn’t withdrawable. FXGT states that “trading conditions, promotions and account types may vary based on the country/location”, so check what its sign-up shows for your country. See M4Markets bonus and FXGT bonus.
4. Costs and accounts
M4Markets publishes average spreads per account: EUR/USD 1.6 pips on Standard, 0.4 pips on Raw Spread and Premium before commission. FXGT offers five accounts (Standard, Optimus, Low Spread, Mini, ECN Zero) plus copy-trading accounts, but its cost terms may also vary by country, so we don’t quote them. Both offer swap-free options and crypto CFDs; FXGT adds copy trading, its own FXGT Trader platform and stock CFDs. See FXGT spreads and M4Markets spreads.
5. Licence and protection
M4Markets: Trinota Markets (Global) Ltd, Seychelles FSA SD035 (group CySEC and DFSA licences cover other companies). FXGT: GT Global Ltd, Seychelles FSA SD019 for retail clients, with FSCA and Vanuatu companies in the group. Same regulator, same level of protection: supervision and segregated funds, but no EU-style compensation or leverage caps. Read the Seychelles FSA guide.
Verdict by trader type
- Wants 5000:1 without an activity requirement: M4Markets
- Wants a bonus you can verify before signing up: M4Markets
- $0 start, copy trading, crypto and stocks under one login: FXGT
- Cost-conscious and wants published averages: M4Markets
Frequently asked questions
Which offers 5000:1 leverage more easily?
M4Markets: its Dynamic Leverage account gives 5000:1 on FX majors for positions up to 1 lot, from a $5 deposit. FXGT's Optimus account gives 5000:1 only under $1,000 equity and after 5 GT lots and 8 closed trades; its other accounts go to 1000:1.
Which has a bonus?
Both, on every deposit. M4Markets pays a 50% credit bonus, up to $10,000. FXGT pays a 25% loyalty bonus, up to $10,000, on its Mini and Standard+ accounts. Both say offers can vary by country.
Are both regulated in Seychelles?
Yes. M4Markets' international clients contract with Trinota Markets (Global) Ltd (FSA SD035); FXGT's retail clients are served by GT Global Ltd (FSA SD019).
Do both have negative balance protection?
Yes. M4Markets states it for all retail clients and FXGT describes it on its security-of-funds page.
