Forex4you vs MTrading Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Forex4you or MTrading?
Our pick: Forex4you
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Forex4you looks preferable to MTrading.
Forex4you scored 3.8/5 and ranks 54 in our all Forex brokers list, whereas MTrading has 3.1/5 and ranks 61.
This is not financial advice. See the full comparison below.
Who is Forex4you suitable for?
Forex4you is suitable for experienced traders who appreciate the variety of platforms and analytical tools and beginners due to extensive training materials.
Who is MTrading suitable for?
MTrading is suitable for traders who prefer the MetaTrader 4 platform and a variety of instruments but are ready for potential risks due to lack of regulation.
Comparison Table of Forex4you and MTrading
| Broker | Forex4you | MTrading |
|---|---|---|
| Rating | 3.8/5 | 3.1/5 |
| Foundation Year | 2006 | 2011 |
| Regulated in Countries | British Virgin Islands, Saint Vincent and the Grenadines, Belarus | Saint Vincent and the Grenadines |
| Minimum Deposit |
|
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Forex4you Review | MTrading Review |
Forex4you Review
Forex4you is a broker with years of experience in the market, offering its clients a variety of trading instruments and platforms. On one hand, the broker provides exciting opportunities such as the Cashback program and various analytical tools. On the other hand, certain aspects, such as commissions and limited deposit methods, may pose particular difficulties for traders.
Forex4you is probably most suitable for intermediate and experienced traders looking for flexibility in choosing trading platforms and value analytical tools.
Pros and Cons of Forex4you
Pros
- Variety of trading accounts.
- Cashback program.
- Variety of trading platforms.
- Many analytical tools.
- Fast and professional response of the support service.
Cons
- Swaps are above the market average.
- Limited deposit methods.
- Limited product selection.
Forex4you is in the top 10 of the following ratings:
MTrading Review
MTrading offers a variety of trading accounts that can meet the needs of traders with different levels of experience and capital sizes. The wide range of trading instruments available makes this broker attractive for traders seeking to diversify their investments. The copy trades service may also be of interest to beginners who want to profit by following the strategies of successful traders.
MTrading is suitable for new traders, especially those who want to try copying trades and working with various trading instruments on one platform.
Pros and Cons of MTrading
Pros
- Availability of different types of trading accounts.
- Wide range of trading assets.
- Own copy trading platform.
Cons
- Lack of licenses from reputable regulators.
- Limited choice of trading platforms.
- Only one method of communication with support service.
- Absence of some popular deposit and withdrawal methods.
- Sparse analytical and educational materials compared to competitors.
Reliability
| Broker | Forex4you | MTrading |
|---|---|---|
| Reliability | 4/5 | 2/5 |
| Foundation Year | 2006 | 2011 |
| Regulated in Countries | British Virgin Islands, Saint Vincent and the Grenadines, Belarus | Saint Vincent and the Grenadines |
| Regulators | BVIFSC BVIFSC SVGFSA SVGFSA НБ РБ НБ РБ | SVGFSA SVGFSA |
Forex4you
Forex4you broker is registered in the British Virgin Islands, St. Vincent and the Grenadines, and Belarus.
Pros
- International regulation (BVIFSC and SVGFSA).
- Regulation by the National Bank of the Republic of Belarus.
Cons
- Lack of regulation in major financial centers (e.g., EU or USA).
MTrading
Broker MTrading is registered in a jurisdiction with limited regulation, which may raise concerns among investors.
Pros
- Company's reputation in the market.
- Measures to ensure the security of client funds.
Cons
- Lack of regulation by major financial authorities.
- Potential risks for investors due to weak regulation.
Account Opening
| Broker | Forex4you | MTrading |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Forex4you
Opening an account with the broker is simple and convenient. Intuitive website navigation and quick access to the personal account area make the process extremely user-friendly.
Pros
- Simple registration form.
- Intuitive website navigation.
- Quick login to the personal account from the homepage.
MTrading
Opening an account with MTrading is a simple, convenient, and fast process.
Account Types
| Broker | Forex4you | MTrading |
|---|---|---|
| Account Types | 5/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Forex4you
Forex4you offers a variety of accounts, meeting the needs from beginners to professionals.
Pros
- Cent accounts for beginners.
- Trading accounts for experienced and professional traders.
- Own copy trading service Share4you
MTrading
Broker MTrading offers a variety of accounts that meet the needs of different traders, but there are no accounts with fixed spreads.
Pros
- Wide selection for different levels of experience.
- Ability to start trading with small amounts.
- Availability of copy trading service.
Cons
- Absence of accounts with fixed spreads.
Commissions
| Broker | Forex4you | MTrading |
|---|---|---|
| Commissions | 2.2/5 | 1.5/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 0.2 | 1.3 |
| Commission per Lot | $4 | $4 |
Forex4you
Forex4you's commissions are above average.
Pros
- Cashback program available
Cons
- High commission per lot on Classic Pro account.
- Swaps higher than most competitors.
- Inactivity fee.
MTrading
MTrading's commissions are above the market average, which can affect the overall profitability of the trader.
Pros
- There are no withdrawal fees.
Cons
- Commission per trade on M.Pro is above average.
- Almost all swaps are negative.
- Additional commission for account inactivity.
Deposit and Withdrawal
| Broker | Forex4you | MTrading |
|---|---|---|
| Rating | 3/5 | 4/5 |
| Account Funding Methods |
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Forex4you
Forex4you offers convenient conditions for depositing and withdrawing funds via bank cards, but the choice of methods is limited.
Pros
- 0% commission for deposits and withdrawals.
- Instant credit on deposits.
Cons
- Lack of cryptocurrencies.
- No bank transfer option.
- Withdrawal time up to 6 business days.
MTrading
MTrading offers a limited selection of payment systems, but transactions are fast and commission-free.
Pros
- No commissions for depositing and withdrawing funds.
- Fast execution of payments.
- Support for cryptocurrency payments.
Cons
- Lack of popular methods such as bank transfer and credit cards.
Markets and Products
| Broker | Forex4you | MTrading |
|---|---|---|
| Markets and Products | 3.2/5 | 4/5 |
| Forex | 40 | 38 |
| Precious Metals | 2 | 5 |
| Indices | 13 | 10 |
| Stocks | 89 | 87 |
| Energy Carriers | - | 3 |
| ETF | - | 9 |
| Cryptocurrency | - | 12 |
Forex4you
Forex4you offers a variety of markets, but the product range is limited compared to competitors.
Pros
- Wide selection of currency pairs.
- Diverse markets.
Cons
- Lack of energy carriers and soft commodities.
- Overall number of CFDs below market standards.
MTrading
MTrading offers a wide range of trading assets, covering major markets and allowing traders to flexibly form their portfolio.
Pros
- Access to 38 currency pairs in the Forex market.
- Ability to trade CFDs on stocks, indices, commodities, and cryptocurrencies.
Cons
- Soft commodities are not available.
- The overall number of CFDs is average, lower than many competitors.
Trading Platforms
| Broker | Forex4you | MTrading |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
|
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Forex4you
Forex4you offers high-quality and functional trading platforms, ensuring comfortable trading.
Pros
- Availability of popular platforms MT4 and MT5.
- Proprietary development - the Forex4you platform.
- Mobile versions for trading on the go.
MTrading
MTrading focuses on the MetaTrader 4 platform, offering its various modifications, but limits the choice of alternatives.
Pros
- Availability of the time-tested and popular MT4 platform.
- Additional features in MT4 Supreme Edition to enhance trading.
- Ability to trade through a browser with WebTrader.
Cons
- Lack of modern platforms such as MetaTrader 5 or cTrader.
Analytics
| Broker | Forex4you | MTrading |
|---|---|---|
| Rating | 4/5 | 3/5 |
Forex4you
Forex4you offers a wide range of analytical tools, providing traders with quality data for decision making.
Pros
- Extensive set of tools: news, technical analysis, economic calendar.
- Access to professional services such as Autochartist.
Cons
- Lack of in-depth fundamental analysis.
MTrading
MTrading offers basic analytical tools, but they may seem limited compared to competitors.
Pros
- Access to up-to-date financial market news.
- Technical analysis from the company's experts.
Cons
- Lack of advanced analytical tools.
- No integrated services such as Autochartist or Trading Central are provided.
Education
| Broker | Forex4you | MTrading |
|---|---|---|
| Rating | 5/5 | 2.5/5 |
Forex4you
Forex4you training materials offer a comprehensive approach to learning with a wide range of topics and formats suitable for beginners and experienced traders.
MTrading
MTrading offers basic educational materials targeted at beginner traders, but their range is limited.
Pros
- Articles on the basics of Forex.
- Overviews of indicators and strategies.
Cons
- Lack of advanced educational resources.
- No webinars or video tutorials are provided.
- Limited variety of topics.
Customer Support
| Broker | Forex4you | MTrading |
|---|---|---|
| Rating | 3.5/5 | 2.5/5 |
| Email Support |
| — |
| Hotline Phones |
| — |
| Social Media |
Facebook
YouTube
Instagram
Telegram
LinkedInForex4you
Forex4you's customer support provides a mixed experience, with quick response but also issues in some cases.
Pros
- Variety of communication channels.
- Quick response in chat and via email.
- Professionalism of the staff.
Cons
- Negative reviews about account freezing.
- Issues with fund withdrawal for some clients.
MTrading
MTrading's technical support has an average level, with certain shortcomings in communication channels and resolving client issues.
Pros
- Availability of online chat for quick communication.
- Support through social media.
Cons
- Lack of telephone line and email support.
- Issues with response timeliness.
- Complaints about ineffective resolution of finance-related issues.
Comparisons of Forex4you and MTrading with other brokers
Conclusion
Forex4you stands out as the better overall pick, while MTrading trails on aggregate criteria.
Forex4you scored 3.8/5 and ranks 54 in our rating; MTrading has 3.1/5 and ranks 61.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Forex4you or MTrading?
Forex4you comes out ahead by overall rank (score 3.8/5, position 54) versus MTrading (score 3.1/5, position 61).
Which broker is better for beginners: Forex4you or MTrading?
Forex4you is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Forex4you or MTrading?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Forex4you and MTrading?
Forex4you: MetaTrader 4, MetaTrader 5, Forex4you. MTrading: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with Forex4you and MTrading?
Forex4you: Forex, Precious Metals, Indices, Stocks. MTrading: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Forex4you and MTrading?
Forex4you: Classic Standard, Classic Fixed, Classic Pro, Cent Fixed, Cent Pro. MTrading: M.Cent, M.Premium, M.Pro. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Forex4you and MTrading?
Forex4you: Neteller, Skrill, Visa, Mastercard. MTrading: Neteller, Skrill. Check method-specific fees/settlement times.
Which broker is safer — Forex4you or MTrading — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
