CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trade only with money you can afford to lose.
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M4Markets Spreads and Deposit Terms Seen from India

Spread is the difference between bid and ask, and it is the cost you pay on every position whether or not commission is charged separately. Account type decides which of the two you carry.

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Min deposit From $5 on Standard accounts  ·  Up to 1:1000 (varies by instrument and entity)  ·  Rating 4.0/5

At M4Markets, a EUR/USD trade costs about 1.2 pips — roughly $12 per standard lot — on the spread-only Standard account with no commission, or about 0.2 pips plus a $3.50-per-side commission (about $9 per round-turn lot) on the Raw+ account. The two accounts price the same trade differently: Standard builds the cost into a wider spread, while Raw+ shows raw spreads from 0.0 pips and charges a separate commission. Raw+ works out cheaper once the spread saving beats the commission — about 0.7 pips on a $10-per-pip major — so it suits frequent traders on liquid pairs, while the Standard account can be cheaper on tighter or lower-value instruments. Spreads are variable, so confirm the live figures in your platform before trading.

M4Markets costs at a glance

Indicative ECN spreads by instrument

InstrumentTypical ECN spread from

Quotes widen around the London and New York opens, which fall in the Indian evening — the same instrument can cost noticeably more at 19:00 IST than at 13:00 IST. Deposit and withdrawal terms are set by the payment provider, not by the spread, and are worth reading separately.

Frequently asked questions

When are spreads widest for a trader in India?
Around the London and New York opens, which fall in the Indian evening. The same pair can cost noticeably more at 19:00 IST than at 13:00 IST.
Is spread the only cost?
No. Raw-type accounts carry a per-lot commission on top of a tighter spread; all-in accounts fold the cost into the spread instead.

Related M4Markets pages