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M4Markets regulation & licences

Forex & CFD broker Founded 2019 🇨🇾 Cyprus

Licence ScoreModerateHow it's calculated

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Licences on record 3

2 Tier 2 — strong regulation

CySECCyprus Securities and Exchange Commission🇨🇾 Cyprus
Reference: check the register
Compensation: Investor Compensation Fund (ICF) — up to €20,000Negative balance protection: Required for retail clients
DFSADubai Financial Services Authority🇦🇪 United Arab Emirates
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not confirmed — check with the broker

4 Tier 4 — light / offshore

FSA (Seychelles)Financial Services Authority Seychelles🇸🇨 Seychelles
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

M4Markets is a forex & CFD broker founded in 2019 and headquartered in Cyprus.

In our database M4Markets is matched to 3 licences from CySEC, DFSA and FSA (Seychelles). Its strongest licences come from the CySEC and the DFSA, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.

Be aware that a single M4Markets website can front several legal entities. Its CySEC and DFSA-regulated companies serve local residents, while international clients are frequently handled by entities supervised by FSA (Seychelles), which offer much weaker safeguards.

Depending on the entity, eligible clients may be covered by Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under CySEC rules. Retail leverage caps apply at the CySEC-regulated entities (for example 30:1 on major FX pairs at CySEC).

M4Markets supports MT4 and MT5.

Regulatory strengths

  • Holds tier-2 licences (CySEC and DFSA)
  • Compensation scheme available at CySEC entity
  • Negative balance protection required at some entities

Points to check

  • International clients may be onboarded to offshore entities (FSA (Seychelles))

Protection by entity

RegulatorCompensationRetail leverageNegative balance protectionDisputes
2 CySECInvestor Compensation Fund (ICF) — up to €20,00030:1 on major FX pairs (ESMA rules)Required for retail clientsFinancial Ombudsman of Cyprus
2 DFSANo compensation schemeSet under DFSA conduct rules for retail clients; check the firm's disclosuresNot confirmed — check with the brokerDFSA complaints / DIFC Courts
4 FSA (Seychelles)No compensation schemeNo statutory capNot a regulatory requirementFSA Seychelles

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M4Markets regulation FAQ

Is M4Markets regulated?

Yes — in our database M4Markets is matched to 3 licences: CySEC (Cyprus), DFSA (United Arab Emirates) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is M4Markets a tier-1 regulated broker?

No. None of the licences we have matched to M4Markets is from a tier-1 regulator. Its strongest licence is tier 2.

Does M4Markets accept US clients?

M4Markets is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so M4Markets generally cannot accept US retail forex clients.

Is my money protected with M4Markets?

Clients of M4Markets's CySEC-regulated entity may be eligible for statutory compensation (Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.

How can I verify M4Markets's licence?

Find the company name and licence number in M4Markets's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.