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.
KYC with MT4 Market Consulting is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Stable platform|Segregated accounts|Excellent charting
Cons: Charting tools need more indicators|Limited demo account features
The platform itself is okay, but the customer service at MT4 Market Consulting is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Dividend tracking|Portfolio tracking tools
Cons: Cannot customize dashboard fully
I was about to invest with MT4 Market Consulting but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commissione Nazionale per le Società e la Borsa has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Commissione Nazionale per le Società e la Borsa|Cannot verify credentials
The platform at MT4 Market Consulting is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Multi-device support|Customizable dashboard|Dividend tracking
Cons: Inactivity fee applies after 12 months
My withdrawal from MT4 Market Consulting was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for nearly two years of being strung along.
Pros: Multiple order types|Competitive fees|Social trading features|Educational resources
Cons: Search feature is basic