MT4 Market Consulting has been flagged by Commissione Nazionale per le Società e la Borsa for "Unregistered/Unlicensed entity offering financial products or services|Genera...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I had a dispute with MT4 Market Consulting and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Risk management tools|Clean UI|Social trading features|Excellent charting
Cons: Slow to add new assets
If you are reading this considering MT4 Market Consulting - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Copy trading available|Competitive fees|API access|Helpful community forum
Cons: Minimum deposit could be lower|Onboarding videos are outdated
I joined MT4 Market Consulting after hearing about them at a conference and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Regular updates|Easy withdrawals|API access|Great customer service
Cons: Email notifications too frequent
MT4 Market Consulting has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Multiple order types|Detailed reporting
Cons: No crypto staking|No phone support on weekends
I have been trying to close my account with MT4 Market Consulting for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Helpful community forum|Smooth onboarding|Competitive fees|Dividend tracking
Cons: Charting tools need more indicators
The so-called education at MT4 Market Consulting is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for roughly four months thinking they would help me learn.
Pros: Social trading features|Multiple order types|Comprehensive tools
Cons: Research section could be deeper|Withdrawal takes 1-2 business days
My card was charged twice by MT4 Market Consulting on the same day. I had to dispute it with my bank. MT4 Market Consulting then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Dividend tracking|High security standards|Multiple order types|Fast support response
Cons: Research section could be deeper
After doing some research AFTER the fact (I know, I should have done this first), I discovered that MT4 Market Consulting is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. MT4 Market Consulting said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular updates|Two-factor authentication
Cons: No live chat on mobile|Limited ETF selection
The mobile app from MT4 Market Consulting is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Wide product range|High security standards|Low minimum deposit|Social trading features
Cons: Help articles are sometimes vague