Best Brokers for MT4

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If you want to make money on the Forex trading in the most comfortable and secure conditions, MetaTrader 4 is exactly what you need. The platform is perfect for foreign exchange trading, financial market sector analysis, and the usage of trading advisors. 

MetaTrader 4 is appropriate for advanced traders as well as newcomers inasmuch as it offers a wide range of features for any skill level including:

• Enhanced technical analysis
• Flexible trading system
• Algorithmic trading
• Mobile applications (Android, iOS, and Huawei)

The choice of the best broker for MetaTrader 4 will ensure the comfort of the trading process, funds protection, and access to new market opportunities.

Top 5 brokerage companies for trading on MetaTrader 4:

• Admiral Markets
• IC Markets
• RoboForex
• Vantage
• Pepperstone

RoboForex

Basic info:

• Min initial investment – $10
• Leverage – 1:2000

Benefits of RoboForex:

• Different types of accounts (Demo, Islamic)
• Copy trading
• 8 asset classes

Downsides of RoboForex:

• No cryptocurrency instrument when trading on the R Trader platform

Admiral Markets

Basic info:

• Min initial investment – $100
• Leverage – 1:500

Benefits of Admiral Markets:

• Great pricing offers on the pairs with currencies EUR and USD
• Excellent educational materials
• Wide range of trading symbols – 8.425 options

Downsides of Admiral Markets:

• Limited choice of trading symbols for the Prime accounts on MT5
• Lack of implementation of new technologies

IC Markets

Basic info:

• Min initial investment – $200
• Leverage – 1:500

Benefits of IC Markets:

• Automated strategies of Copy trading
• Competitive pricing
• Low Forex fees

Downsides of IC Markets:

• Limited products choice
• Slow clients support service

RoboForex

Basic info:

• Min initial investment – $10
• Leverage – 1:2000

Benefits of RoboForex:

• Different types of accounts (Demo, Islamic)
• Copy trading
• 8 asset classes

Downsides of RoboForex:

• No cryptocurrency instrument when trading on the R Trader platform

Vantage

Basic info:

• Min initial investment – $200
• Leverage – 1:500

Benefits of Vantage:

• Access to a multiplicity of Copy trading platforms
• Provision of add-ons for MT4 like Smart Trader

Downsides of Vantage:

• Limited selection of tradeable symbols – only 257 positions

Consider that to make the right choice of the brokerage company for MetaTrader 4 trading it is necessary to determine your requirements and preferences first and look for a broker that meets them.

Pepperstone

Basic info:

• Min initial investment – $200
• Leverage – 1:500/1:30

Benefits of Pepperstone:

• Great variety of third-party platforms for Copy trading
• Competitive pricing policy for users who actively use Razor accounts

Downsides of Pepperstone: 

• No educational tutorials and interactive courses