MT4 Brokers
When it comes to the choice of platform to trade, the majority knows or at least heard of MetaTrader4 or MT4. Even though new technology developing fast, there are still thousand and million traders uses MT4 as a mainstay, where the MT4 platform is the most used software by Forex traders with the biggest number of orders are executed daily.
Discover more about MetaTrader and through Wikipedia.
What are the benefits trading with MT4
MT4 includes all the necessary elements needed for the potential success in trading, also suitable for any complexity of strategy to either retail or institutional trader, professional or beginner. MT4 as a trading software processing trades with high efficiency, powerful security and unlimited trading opportunities.
*MT4 Indicators & add-ons or plugins.
One of the most advanced MT4 features is an outstanding chart package, with technical indicators and integrated fundamental analysis. The trader of any level will enjoy its numerous advances, since the platform designed user-friendly and easy-to-navigate interface. Its numerous indicators available through the package or add-ons with plugins MT4 standing first among proposal with enhancements of trading capabilities.
*MT4 EA & VPN.
One of the strong points is MT4 famous automated trading strategies, performed via scripts with a customized possibility for those who can handle codes. Discover more about MQL. Or through its known Expert Advisors (EAs) offering various parameters that can be used and adjusted by any level of trader through the downloadable library with almost endless options to perform trading.
Another important note is VPN, the reason why many traders use it is that the use of EAs requires running robots locally. And VPN is a great solution to run strategies without interruption.
*MT4 backtesting.
Depending on the broker you would select to use there are various parameters for backtesting via its Demo account useful when you want to check out parameters. You can test EAs or a particular strategy through the Strategy Tester section via the trading historical data, available for your test trading with no risks involved.
*MT4 Switch Brokers.
Last, but not least is that you can use one broker and then switch brokers via MT4, with saved layouts or parameters you set with previous brokers. In simple words it means you trade through the platform using the particular broker, not the opposite.
Best MetaTrader (MT4) Brokers
Due to its popularity, almost every Brokerage company offers MT4, yet from the company to another platform may feature some differences. That’s because the broker can invest in platform development or not, offer a choice of additional features or keep them as an additional option for a trader.
Below you will find a listing of the Best Reviewed Brokers offering or mainstay on MT4 platform.
- BDSwiss – Best Overall MT4 Broker 2020
- FP Markets – Lowest Spread MT4 Broker 2020
- XM– Best MT4 Broker for Beginners 2020
- FXTM– Best ECN MT4 Broker 2020
- Pepperstone – Best for Scalping and EA Trading MT4 Broker 2020
MT4 Forex Brokers List
This is the complete list of regulated brokers offer MT4 platform.
| Broker | Detail | |
|---|---|---|
 EightCap | Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: ASIC | EightCap Review |
 LiteForex | Min. Deposit: 50 $ Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5 Regulation: CySECCySEC, MIBS | LiteForex Review |
 XM | Min. Deposit: US$5 Max. Leverage: 1:30 to 1:888 Trading Platforms: MT4, MT5, XM WebTrader Regulation: CySEC, ASIC, IFSC | XM Review |
 FBS | Min. Deposit: 1 USD for Global, 10 EUR for EU Max. Leverage: 1:30 Trading Platforms: MT4, MT5, FBS trader Regulation: CySEC, IFSC | FBS Review |
 Trade360 | Min. Deposit: 100 US$ Max. Leverage: 1;30 | 1:500 Trading Platforms: MT4 and CrowdTrader Regulation: CySEC, ASIC, MFSC | Trade360 Review |
 FXCM | Min. Deposit: 50 US$ | 300 GBP Max. Leverage: 1:200 | 1:30 Trading Platforms: MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader Regulation: ASIC, FCA, FSCA | FXCM Review |
 Exness | Min. Deposit: 1 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, SFSA | Exness Review |
 Skilling | Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, cTrader, Skilling Trader Regulation: CySEC, FSA | Skilling Review |
 IC Markets | Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: cTrader, MT4, MT5 Regulation: ASIC, CySEC | IC Markets Review |
 OctaFX | Min. Deposit: 100 EUR Max. Leverage: 1:30 | 1:500 Trading Platforms: MT5, cTrader Regulation: CySEC | OctaFX Review |