Best MT4 Trading Platform Providers
- What is MT4 Trading Platform?
- How to use MT4 Trading Platform?
- Best MT4 Trading Platform Providers
- Versions of MT4 for Desktop, Mobile Apps
- What Broker use MT4 Platform?
- List of MT4 Trading Platform Providers
What is MT4 Trading Platform?
MetaTrader4 or MT4 Trading platform is the most popular and used trading software is a pioneer trading platform in Forex trading with the biggest number of orders executed daily.
- MetaTrader4 is developed by MetaQuotes and is a third-party software used for trading purposes
- MT4 as a trading software processing trades with high efficiency, good security and is packed with numerous trading tools and capabilities suitable for beginning or professional traders
- However, MT4 is only a platform itself, so to get access to real quotes and market traders need a Broker, where MT4 will be a trading software and Broker is the execution venue.
See some of the benefits of trading on MT4 reviewed and found by our financial experts, also see a listing of MT4 Provider below.
|🔎Technical Analysis Tools
MT4 MetaTrader 4 Platform Overview
MT4 Trading Platform is customer friendly and is intuitively used, so to use MT4 you first need to find a Broker offering this platform to gain access to the markets. Also, we would recommend checking Video Guides or sign for Trading Academy to learn how to use platform efficiently and suitable to your trading style, also most is good to use MT4 trading platform demo account.
See some of the benefits we mark and found useful on MT4 below:
- MT4 includes all the necessary elements needed for good trading performance, besides we found it very suitable for any strategy to either long or short trading, auto trading or copy trading, scalping or hedging.
Automated EA for MT4 Platform
MT4 famous EAs or automated trading strategies known as Expert Advisors (EA) which run scripts offering either to purchase or select it on marketplace or code it yourself using proprietary MQL with endless options for auto trading.
- MT4 does not feature inlcuded VPN, alike newer version MT5 does while we compared trading platform MT4 vs MT5 which allows run strategies without interruption and use EA robots locally.
MT4 Indicators we admit as great charting package, even though the desing of the platform itself is slightly outdated. Also, technical indicators are widely avaialble, provides also integrated fundamental analysis and technical analysis.
- Platform design is easy to navigate and includes numerous indicators available through the package or add-ons with plugins. Exclusive tools can be purchased on Marketplace, or some Brokers migh include them for their clients (like Forex.com does)
MT4 Account Transfer
One of the great options using MT4 is that you can transfer your account to another broker in case other one is not suitable for you. Since Brokers act as execution venue you can transfer all you charts and data to another broker automatically.
See our find on How to Transfer MT4 Account to other Broker:
- By simple creating of a new account as desired Broker, you will need to login into your existing MT4 platform with new credentials and all your chart data and analysis will automatically sync
|MT4 Platform Advantages
|MT4 Trading Disadvantages
|Reliable and Widely used platform worldwide
|Might not match personal preference
|Good Charting and Clear Design
|Automate Trading – EA
|Some tools might be complicated for beginners
|Programs, EAs and APIs working on MT4 only
|All types of Trading Operations
Top 5 Best MetaTrader4 Trading Platform Providers
Since you anyways need a Broker to be able to trade markets, where Broker provides access to the markets itself and MT4 acts as a trading software only, below we made a listing of the Best Forex Trading Providers offering or mainstay on MT4 platform, also are ranked by us as the best in its category.
- HFM – Best Overall MT4 Platform 2024
- BlackBull Markets – Best Lowest Spread MT4 Platform 2024
- FP Markets – Best ECN MT4 Platform 2024
- Eightcap – Best for Beginners MT4 Platform 2024
- BDSwiss – Best EA Trading MT4 Platform 2024
MT4 Platform features various versions and is available for any device you would use, including Desktop Versions for any software like Windows PC, Mac or Linux. Also, there are developed Mobile App MT4 platform for iPad, iPhone, Android
What Broker use MT4 Platform?
Based on our experience in Forex trading, majority of Brokers still offer MT4, yet not every Broker has it in its proposal so it worth to check well. Besides, the platform itself is different and may include extra trading tools or not based on the decision of the Broker.
List of Brokers with MetaTrader4 MT4 Trading Platform
This is the complete list of well Regulated brokers that offer MT4 Trading platform to the offering and are verified by us:
No regulated broker available.