M4Markets offers five account types: Standard ($5, from 1.1 pips, no commission, 1000:1), Raw Spread ($500, from 0.0 pips + $7 commission, 500:1), Premium ($10,000, from 0.0 pips + $5, 500:1), Dynamic Leverage ($5, from 1.6 pips, up to 5,000:1) and Cent ($5, from 1.6 pips, 1000:1). The 50% credit bonus is paid on MT4/MT5 bonus accounts; its conversion rates are published for Standard, Raw Spread and Premium.
The five accounts side by side
From M4Markets’ trading accounts page and Dynamic Leverage page, for clients of Trinota Markets (Global) Ltd (FSA Seychelles SD035):
| Standard | Raw Spread | Premium | Dynamic Leverage | Cent | |
|---|---|---|---|---|---|
| Minimum deposit | $5 | $500 | $10,000 | $5 | $5 |
| Spread from | 1.1 pips | 0.0 pips | 0.0 pips | 1.6 pips | 1.6 pips |
| Commission, FX and metals | $0 | $7 | $5 | $0 | $0 |
| Commission, indices, energies, crypto | $0 | $0 | $0 | $0 | $0 |
| Max leverage | 1000:1 | 500:1 | 500:1 | 5000:1 (size-based) | 1000:1 |
| Margin call / stop-out | 100% / 20% | 100% / 40% | 100% / 40% | 100% / 30% | 100% / 20% |
| Base currency | USD, EUR, JPY | USD, EUR, JPY | USD, EUR, JPY | USD | USD, JPY |
| Swap-free option | Yes | Yes | Yes | Yes | Yes |
The minimum trade on every account is 0.01 lots. On the Cent account one lot is 1,000 units, so 0.01 lots is just 10 units. The $5 minimum only applies with selected payment providers; each provider’s own minimum applies (for example $50 by bank wire). The page doesn’t say whether the commissions are per side or round turn.
Published spreads, EUR/USD and gold
Averages from the spreads page, before commission:
| Account | EUR/USD average | Gold (XAU/USD) average |
|---|---|---|
| Standard | 1.6 pips | 0.26 |
| Raw Spread | 0.4 pips | 0.14 |
| Premium | 0.4 pips | 0.14 |
| Dynamic Leverage | 2.0 pips | 0.32 |
| Cent | 2.0 pips | 0.32 |
Gold is quoted in price units (dollars per ounce). More on M4Markets spreads.
Bonus eligibility
The 50% credit bonus is credited to an “MT4/MT5 Bonus account” you choose when opening the account. The bonus page sets conversion rates for Standard ($2 per lot), Raw Spread and Premium ($1 per lot). It doesn’t list the Dynamic Leverage or Cent account, so choose Standard, Raw Spread or Premium if you want the bonus.
Which one to pick
- Small budget, no commission: Standard. $5 entry, 1000:1, the lowest no-commission spread of the five.
- Very high leverage on small positions: Dynamic Leverage, if you trade 1 lot or less on FX majors. Read the leverage tiers first.
- Learning with tiny sizes: Cent, where 0.01 lots is 10 units.
- Active traders paying commission: Raw Spread from $500. Premium cuts the commission to $5 but needs $10,000.
Not sure about raw spreads plus commission? See spread basics and ECN brokers compared. Back to the M4Markets review.
Related
Account types at other brokers
Frequently asked questions
Which M4Markets account has the lowest cost?
On published averages, Raw Spread and Premium have the tightest EUR/USD spread (0.4 pips average) but charge commission ($7 and $5 on FX and metals). Standard has no commission and a 1.6-pip EUR/USD average.
Which M4Markets account has 5,000:1 leverage?
Only the Dynamic Leverage account, and only on FX majors for positions up to 1 lot. Leverage falls as the position size grows.
Can I change my M4Markets account's base currency?
No. M4Markets says you can't change the base currency of an existing account; you can open another account in the currency you want.
How many accounts can I open at M4Markets?
Its support centre says you can open two trading accounts for each account type.
