7 Best MT4 Brokers - Comapare MetaTrader 4 Platforms In 2022
METATRADER 4:- Metatrader4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by Meta Quotes software and released in 2005.The software is licensed to foreign exchange brokers who provide the software to their clients. Metatrader 4[MT4] is a popular online forex trading platform that can be used to automate your trading.
WHY DO TRADERS USE MT4?
The Meta trader 4 was designed to have a professional look and feel, along with the extensive range of professional features which is the standard for every trading platform. It also comes with a wide range of customizable indicators that can be easily added and removed from the charts. [Xtreamforex]-Best overall MT4 broker. HFM is an FSCA-regulated broker with fast STP execution and six different accounts on the MT4 platform.
BEST SEVEN METATRADER 4 BROKERS IN 2022
IC MARKETS
ADMIRAL MARKETS
FP MARKETS
XTREAMFOREX
FXPRO
PEPPERSTONE
VANTAGE
1. IC MARKETS: - IC markets is a regulated forex CFD provider. IC markets fills to the gap between retail and institutional traders, making the world more tradable for everyone. IC markets streams prices from its liquidity providers, who in their turn, derive those prices from the market in the case of stocks, CFDs and from bank and non-bank liquidity providers in the case of forex. In this broker, the customer support offered by IC markets is available around the clock to resolve all user queries. It works as 24 hours a day, 7 days a week. IC markets attract the most traders’ attention because it has low fees in place. On top of this, it provides one of the best selections of trading software on the market.
2. ADMIRAL MARKETS: - Admirals markets is a Tallinn, Estonia –based trading platform for forex, contracts for difference [CFDs] and foreign exchange transactions across various financial markets. The amount of money you need to begin day trading depends on the type of securities you want to buy. Stocks typically trade at least 100 shares. To buy a stock priced at $60 per shares, you will need $6,000 in your account. Admiral Markets is a market maker. It does not use an ECN account-model across any of its registered retail investor accounts.
3. FP MARKETS: - FP Markets [first prudential markets] is an Australian Contract for difference [CFDs] and forex trading broker. At FP markets, It offers the trading experienced and professional traders. FP markets pro account which allows eligible traders to maintain a maximum leverage ratio of 500:1.FP markets is an ASIC-regulated, STP broker with simple account options and an exciting set of tools for traders with higher minimum deposits. It is considered average-risk, with an overall trust score of 82 out of 99.FP markets is not publicity traded, does not operate a bank, and is authorized by one tier-1 regulator. It does not offer any type of bonus, promotion.
4. XTREAMFOREX: - Xtreamforex is one of the best Meta trader 4 broker that is operated by grand investing LTD. Xtreamforex broker is one of the brokerages that looks good at first. It offers trading forex and other trading assets such as crypto currency, commodities, stocks and indices. Xtreamforex uses Metatrader 4 as it’s only trading platform, which offers number of options to trade with higher nationality. Millions of FX trades choose to use metatrader 4.This platform used for its unique features and flexible trading system. It is best to sell and buy currencies by the forex market.
5. FXPRO: - The FXPRO wallet is a central account from which traders can transfer funds into all of their other trading accounts. Trade forex, shares, spot indices, spot indices, spot metals, spot energies and futures. It is well- Known throughout the industry as a trustworthy and reliable broker. At FXPRO, clients can trade crypto currencies as CFDs in pairs with USD.FX PRO all account types allow trade size from 0.01[micro] power, allowing investors to control a larger investment than their capital income. The FX PRO app is a personal mobile account management space that allows for trading via the app using an FX PRO platform account or Metatrader 4 account.
6. PEPPERSTONE:- Pepper stone is a Melbourne-based broker specializing in providing markets access to financial instruments, including forex, index, share, commodities and crypto currencies CFDs. It is safe broker[low-risk] for trading forex and CFDs. The minimum deposit amount for pipestone is $200.Pepperstone is legit and regulated broker. IN addition, it holds relevant authorization at every region it operates. We offer leverage of up to 30:1 for forex in ASIC, 30:1 in our DFSA jurisdictions trading with pepper stone will involve fees from $7 USD, spreads from 0.6 pips.
7. VANTAGE: - Vantage is a global, multi-assets CFD broker offering clients to trade with Metatrader4, indices, commodities and shares. Vantage’s standard forex leverage starts at 100:1.The maximum forex leverage vantage may offer is up to 500:1.Vanatge has introduced the next generation RAW ECN trading environment which gives you the most cast-effective forex trading industry. These platforms provide traders with rapid trading execution. They can be accessed via any device and from anywhere and are available in 32 different languages with 24 hours of market service.
CONCLUSION:- At this point, you should have a good idea of what Meta trader 4 trading platform is. This software is very popular to trade with forex market. However, there are certain features that all goods forex trading platforms should have, such as a user-friendly interface, a variety of currency pairs and many more.
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