MetaTrader4, or more commonly known as MT4, Forex brokers are Forex brokers that offer their clients the opportunity to trade Forex and the financial markets through the MetaTrader4, or MT4, trading platform. The MT4 platform is one of the most popular and utilized trading platforms in Forex trading to date. Below is a MT4 Forex brokers list for you to choose from.

MT4 Forex Brokers List

 

Broker
Description
Trade Now
Octafx
OctaFX
Regulation: CySec
Min. Deposit: $/€/£ 5
Leverage: 1:500
Spreads: Low as 0.4 pips

Review


IC Markets
IC Markets
Regulation: ASIC
Min. Deposit: $/€/£ 200
Leverage: 1:500
Spreads: Low as 0.0 pips

Review


XM
XM
Regulation: CySEC,FCA,ASIC
Min. Deposit: $/€/£ 5
Leverage: 1:500
Spreads: Low as 0.1 pips

Review
Globex360
GlobeX360
Regulation: FSCA
Min. Deposit: No min Deposit
Leverage: 1:500
Spreads: Low as 1.6 pips

Review
XTB
XTB
Regulation: FCA
Min. Deposit: $/€/£ 250
Leverage: 1:30
Spreads: Low as 0.1 pips

Review


IQOption
IQOption


Regulation: CySec
Min. Deposit: $/€/£ 10
Leverage: 1:1000
Spreads: Floating from 1 pip

Review


OlympTrade
OlympTrade
Regulation: IFC
Min. Deposit: $/€/£ 10
Leverage: 1:500
Spreads: Low as 0.0 pips

Review
Etoro
Etoro
Regulation: CySEC,FCA,ASIC
Min. Deposit: $/€/£ 200
Leverage: 1:30
Spreads: Variable

Review

Avatrade
Avatrade
Regulation: ASIC,JFSA,FSCA
Min. Deposit: $/€/£ 250
Leverage: 1:400
Spreads: Floating from 1 pip

Review


 

What is MetaTrader4 (MT4)?

The MetaTrader4 (MT4) is the most common and most popular trading platform in the Forex industry, created by Metaquotes. It is offered by almost any broker in the market and helps traders all over the world to trade Forex and other financial instruments with ease. The trading platform is particularly popular, because it has a user friendly interface and new traders can utilize it quickly.

The MetaTrader4, or MT4, platform comes equipped with an excellent and detailed charting package. Traders have the opportunity to choose between a variety of line, bar and candlestick charts, technical indicators, trend lines, support and resistance levels, and many other beneficial tools. The trading platform gives access to pretty much everything you need for the technical and fundamental analysis of your trading strategies. Some brokers also feature a live feed of financial news and market events.

Why use an MT4 Forex Broker?

The MT4 platform provides traders the opportunity to create their own automated trading strategies, scripts and custom indicators using the MQL language. There is also the option to download these scripts and indicators from the platform’s extensive library. Forex traders can also check whether a strategy works before they apply it, with actual market conditions, through back testing. MT4 also provides the option for one click trading and signal copying. The MT4 platform is available across all devices desktop, mobile and tablet.

A new version of MT4 platform is also available, the MT5 platform.  There is a list of brokers that offer Forex trading through MT5, that is available on the website.

Millions of traders with a wide range of needs select the trading platform MT4 to trade in the financial markets. The trading platform and the MT4 Forex brokers that use it offer ample opportunities and selections to traders of all skill levels and experience the following features: advanced technical analysis, flexible trading system, algorithmic trading, and Expert Advisers (EAs), as well as mobile trading applications. With MT4 Forex brokers, trading has become a flexible and convenient everyday experience.

  • 3 Execution Modes
  • 2 Market Orders
  • 4 Pending Orders
  • 2 Stop Orders And A Trailing Stop

It can be downloaded at absolutely no charge and hassle-free. By downloading MT4 and using MT4 Forex brokers through PC, you will receive the most powerful and most convenient tool for technical analysis and trading in the financial markets. During the first launch, you will be prompted and asked to open a free demo account that allows you to test out all of the features of the trading platform without risking any financial liability.

MT4 Forex Brokers

There are many Forex brokers that utilize MT4 as their preferred trading platform as an option for their traders. As an example, Olymp Trade relies heavily on the MT4 trading platform because of its user-friendly interface and its ability to simplify trading for anyone. Most traders find using MT4 Forex brokers to be comfortable and accommodating, especially since the MT4 trading platform tends to conform to the preferences of the trader. This means that the platform is learning the trader, and the trader is not necessarily learning the platform; it causes many traders to delve deeper into the financial market and trading industry.

MT4 Forex brokers are also very reliable because of the amount of security that is available in the trading platform. They keep personal information and IP addresses private and concealed from the public, along with the trading actions that are taken by the trader. Many traders rely on the trading platform, and the brokers that utilize it, , especially since the fact that MT4 is the most common trading platform in the financial market.

Along with all the other features that emphasize the benefits of the MT4 trading platform, MT4 is free of charge and completely hassle-free.

One of the best MT4 brokers, according to various sources, would be Olymp Trade and XTB.

MT4 System Necessities and Requirements

MT4 PC requires the following:

  • Processor 1 GHz or higher
  • Windows 7 (32 – and 64-bit); Windows 8 (32 – and 64-bіt) and Windows 10 (32 – and 64-bіt)
  • RAM 512 MB
  • Free hard disk space 50 MB
  • Screen Resolution 800×600

How to Download MT4 PC – Free Trading Platform

  1. Download MT4 and start trading by using a full list of the  terminal’s options and choices
  2. Download MT4 to open Demo\Real Account

MT4 download has been tested for the following browsers and reported successful:

  • Google Chrome – latest version
  • Fіrеfоx – latest version
  • Opera – latest version
  • Internet Explorer – version 8.0, 9.0, 10.0.

There are numerous Android-powered smart-phones and tablets, and any of them can be used to trade with MT4 Forex brokers or trade Forex via MT4.

These are just many of the praised features on the trading platform that have been popular with traders, old and new:

  • Round-the-clock access to the financial markets, so traders can trade whenever they feel like it
  • Connection to over two-thousand broker servers, where traders are able to reach unlimited brokers
  • 30 technical indicators and 24 analytical objects that help clarify the trading environment
  • Full-features trading system with two execution modes and four order types
  • Real-time symbol quotes
  • 3 chart types and 9 time-frames (periods)

Benefits of MT4 and MT4 Forex Brokers

  1. User Experience: MT4 provides an easy to use interface, allowing both beginner and seasoned traders to trade comfortably within an intricate, erratic market. The trading platform of MT4 is available to download for desktop and handheld devices. Handheld devices and MT4 allow traders to have access to financial markets and to trade without being limited to a desk or a certain space.
  2. Flexibility: MT4 enables traders the ability to trade with all currency crosses and pairs, together with, the option to trade in disparate markets for securities such as futures and equities.
  3. Expert Advisers (EAs): This is an extremely crucial and popular aspect of the MT4 feature portfolio and major point in the pros side, Expert Advisers provides and allows traders with the option to automate trades through a customization interface that is tailored to their preferences. MT4’ѕ success and popularity is largely attributed to its algorithmic trading.
  4. Communication: Excellent, enhanced communication tools are also another crucial aspect of MT4 that links and connects traders and brokers, which ensures swift and instant communication.
  5. Security: Security is always a priority, but especially when traders are handling Forex trading. Traders need to be secure in the knowledge that they are not susceptible or exposed to any form of hacking or attacks. The MT4 trading platform is primed and equipped with encryption software that protects data traded between traders, or clients, and the server via a 129-bіt key. Furthermore, the IP addresses and personal information of clients and traders, such as IP addresses, are concealed, as an extra layer of protection.

These benefits show you that the MT4 trading platform is, in fact, the most helpful and user-friendly trading platform that is currently in the market. Along with the MT4 trading platform, there is the new and improved MT5 trading platform, which is also utilized by Forex brokers like AvaTrade and IC Markets.