MetaTrader 4 (MT4) is the most popular and is considered the best platform for forex trading globally. Most brokers support MetaTrader, and the platform facilitates you to register for free, with no fees and zero cost.
You first need to ensure that the broker that supports MetaTrader is licensed and fully regulated when you enter such platforms. It is critical to choose the right forex trading platform.
This guide will break down the best MetaTrader brokers; let’s begin one by one.
Best MetaTrader Brokers
1. RoboForex
RoboForex is a famous online broker that came into existence in 2009 and has been recognized worldwide because of its excellent performance. Most investors and traders like this broker because of the intuitive MetaTrader 4 trading platform.
The RoboForex offers the opportunity to traders to use fifty different indicators for technical analysis, order execution, and tools for graphical analysis. Trading with the MT4 provided by RoboForex enables you to enter the market, close the position with one click, and enable the use of automation in trading.
Further, you could purchase expert advisors and indicators on the platform to increase the chances of profit. You will receive financial news daily.
2. IC – Markets
With over 180000 clients, IC Markets is the biggest online broker globally. It creates the best trading environment for its users in the market due to MetaTrader 4 and MetaTrader 5 platforms.
There are many reasons why traders love its MT4 platform. Some causes are low costs, minimum spread and commissions, leverage up to 1:500, small lot sizes, no trading restrictions, quick order execution, and many more.
Also, two advanced tools and other indications that the IC market’s MT4 and MT5 provide to its clients. The indicators and tools are to study the market.
3. FxPro
FxPro is a popular online broker that provides forex, crypto, and CFD trading to many traders globally. The clients have faith in it because of negative balance protection, a complete package of services, and rapid order execution.
To offer the best trading experience to its client, it has both MT4 and MT5 platforms. The objective behind MT4 and MT5 is to provide a smooth and efficient experience. Both platforms have particular features, including EA trading, chart trading, price alerts, trailing stops, and others.
4. Tickmill
Tickmill is a well-known online broker for forex, CFDs, and crypto trading. It uses MT4 and MT5 platforms and has low fees and spreads. The MT4 platform of Tickmill provides one-click trading, three kinds of order execution, four pending order types, more than fifty indicators, thirty-one analytical objects, and Expert Advisors.
The Tickmill MT5 is different from the MT4 because it has four order execution kinds, six pending other types, forty-four analytical objects, copy trading, and a built-in economic calendar.
5. Exness
Since 2008 Exness has been providing forex, CFDs, crypto, and stock trading. Low spreads and a vast range of platforms find most traders attractive. The most well-known platform of Exness is MT4 and MT5.
The Exness MT4 permits you to deal with currencies and CFDs. It has thirty built-in technical indicators and twenty-three analytical things. You can also use expert advisors and copy trading. While the Exness MT5 facilitates you to trade currencies, crypto, CFDs, and stocks.
The Exness MT5 has thirty-eight built-in indicators, twenty-two analytical tools, and forty-six graphical objects. It also has EAs and copies trading.
6. FP Markets
The FP Markets has provided users access to the forex market since 2005. There are almost ten thousand instruments for traders. The broker is appreciable because of its attractive trading conditions, rapid order execution, vastly used trading terminals, low spreads, and no trading restrictions.
FP Markets use both the MT4 and MT5 platforms. It gives an approach to the best tools and indicators, news, cop trading, expert advisors, and one-click trading.
The FP Markets MT4 lets you completely customize the charts as it has three chart kinds, nine timeframes, twenty-four analytical objects. You can also select from more than 60 pre-installed indicators.
7. Pepperstone
Pepperstone offers low spreads, fast execution, and free educational programs for inexperienced ones. MT4 and MT5 are famous platforms. Along with eighty-five pre-installed indicators, MT4 has one-click trading, EAs, copy trading, and other features.
Pepperstone has made a collection of tools to improve your trade execution and management available for MT4 and MT5 with no price. This collection comprises 28 smart trading apps associated with expert advisors and indicators.
Final Thoughts
MetaTrader is thought to be the best platform for Forex trading, and it really deserves this. There is no such platform that offers too many features and opportunities for beginners and experienced traders.
The MetaTrader provides you a chance to trade smarter and gain more profit you like. But it is crucial to know how to take advantage of the MetaTrader.
