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Global Broker Regulation & Inquiry App

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Exposure
M4MARKETS is a scam broker
Please declare this broker scam so people know reality. Dear Sir/Madam, I am writing to provide my review of the services provided by m4markets.com Broker. My name is Zafar Ali, and I opened an account with m4markets.com with the MT5 A/C No.3559797. I would like to bring to your attention an incident that has occurred with my account, which has led me to believe that m4markets.com is a fraudulent broker. On 8th May, I deposited 400USD into my account and opened a sell trade of 1000 shares of US shares Under Armour UA. I made a profit of 519.78USD, and when I requested to withdraw my profits,m4markets.com canceled all of my profits and emailed me that I did Abuse of Negative Balance Protection. I fail to understand how trading based on speculation or news can be considered fraudulent. I made a profit, and when I asked for it, they refused to give it to me. If I make money, they refuse to give it to me, but if I lose money in a trade, they do not seem to care or ask. They offered me to return only my initial deposit. They will enjoy your profit when you made profit. If you loss money they will enjoy that lost money because they don't invest in real market. I would like to warn all retail traders to be cautious when trading with m4markets.com. It appears that they run standalone servers that are not connected to exchanges. I request all retail traders to withdraw their money from m4markets.com sooner rather than later because, even if you make a profit, you will eventually lose your hard-earned money. I would appreciate your help in spreading the news about this incident so that others do not lose their money to this scammer broker. I have attached screenshots, proofs, videos, and screens to this email. I will be meeting with my lawyer this week to take action against this broker in their regulations. I hope that you will take my complaint seriously and take necessary action against m4markets.com to prevent other traders from facing similar problems in the future.
Zafar ali1119
2023-05-16
Exposure
Malicious deletion of profits, unable to withdraw funds, malicious ban on background and MT4 login permissions
This is the first time I have encountered such a dark, pitiful, rogue, and incompetent platform since I traded in the foreign exchange market. My MT4 account in M4market is 2145740165, and my MT4 account with the same name is 2145742208. I have not received any notice. In this case, M4market disabled the background of my official website---forbids access and has no right to log in, and closed my MT4 login authority---resulting in not being able to log in. In desperation, I had to find another way, so I asked my friend to register an MT4 account with the company and have a customer manager to connect with, but met with unqualified customer service, and even blocked me without hesitation. . My total profit in this company is only 1989.5 USD. All my orders are placed and closed at a normal time, and I have never made any second orders or other illegal orders. I warn everyone with my bloody experience, this black company The platform absolutely cannot do it. Even if the account manager tells you that there is a 10% bonus for opening an account and depositing money, and all kinds of good words are just like that, you absolutely cannot deposit and trade. You want its 10% bonus, but it only thinks about your principal from the beginning to the end. It has no professional ethics and no fair trading principle. Such a platform is very chilling, please stay away
+3
Traders
2022-08-12
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