iFOREX vs Markets4you Comparison
Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between iFOREX and Markets4you? Our independent database powered by our unbiased research will help you compare iFOREX vs Markets4you side-by-side.
What is Trust Score?
Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.
Can I trust iFOREX?
iFOREX has a Trust Score of 75, giving it a "Average Risk" Trust Score Label.
Can I trust Markets4you?
Markets4you has a Trust Score of 61, giving it a "High Risk" Trust Score Label.
Is iFOREX a good broker?
iFOREX, previously known as Vestle, offers a proprietary trading platform as well as a growing selection of nearly 750 symbols. However, the MetaTrader suite is not available at iFOREX.
Is Markets4you a good broker?
Founded in 2007, Forex4you is primarily a MetaTrader broker that offers a limited range of available markets. Forex4You only holds one Tier-4 regulatory license (in the British Virgin Islands), which significantly weighs down its Trust Score rating.
What Tier-1 jurisdictions is each broker regulated in?
Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. iFOREX holds regulatory licenses in the following Tier-1 jurisdictions: United Kingdom (U.K.) (FCA Authorised). Markets4you, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: none. Neither have Australia (ASIC Authorised), Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (FSA Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)
What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?
Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, iFOREX is Cyprus (CySEC Authorised), while Markets4you is none.. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), South Africa (FSCA Authorised), Thailand (SEC Authorised) and UAE (DFSA, FSRA, or SCA Authorised). When comparing tier-3 licenses both iFOREX and Markets4you are British Virgin Islands (FSC Authorised).. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), Cayman Islands (CIMA Authorised), Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised).
Which broker offers more trading platforms?
Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that iFOREX offers a Proprietary Desktop Trading Platform, whereas Markets4you supports a Proprietary Desktop Trading Platform and Desktop Platform (Windows). Neither have cTrader, DupliTrade [DELETED] and ZuluTrade [DELETED]
Does iFOREX offer MetaTrader? Does Markets4you offer MetaTrader?
For MetaTrader iFOREX provides neither of these, while Markets4you provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5). If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers.
How do iFOREX and Markets4you differ in terms of minimum deposit? What about average spreads and funding options?
iFOREX requires a minimum deposit of $100, while Markets4you requires a minimum deposit of $0. Always check to see that your broker offers the funding options that work best for you. Our research found that neither iFOREX nor Markets4you offer Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) [DELETED], PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw).. Neither have Skrill (Deposit/Withdraw)
Which broker offers more tradeable asset classes, iFOREX or Markets4you?
When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that iFOREX delivers a more diverse selection of investment options than Markets4you, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Commodities: Silver, Commodities: Oil, Commodities: Agriculturals, ETF and U.S. Stocks (CFDs). Neither have Spread Betting.
We also keep track of each broker’s total number of tradeable symbols; iFOREX offers 750, and Markets4you offers a total of 150 tradeable symbols.
Can I trade cryptocurrency with iFOREX or Markets4you?
Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither iFOREX nor Markets4you allow you to trade physical cryptocurrencies.
Who offers more research tools, iFOREX or Markets4you?
Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. iFOREX delivers the following research tools: Daily Market Commentary (Articles) and Trading Central. Markets4you, on the other hand, provides the tools listed here: Autochartist, Daily Market Commentary (Articles), Forex News (Top-Tier Sources), Trading Central and Copy Trading. Neither have Stock Charts [DELETED]
Broker Reviews
Overall winner: iFOREX
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.