Best 4 Digit Brokers Guide
4 Digit Brokers
4 Digit brokers help traders to execute orders in the Forex markets with currency quotations in 4 digits not the usual 5 digits.
What is 4 Digit Brokers
4 digit refers to currency values such as 5.6789. The price of the currency has 4 digits beyond the decimal point and this defines the currency price decimal point accuracy. Currency prices are accurate to 4 Digits.
Let's understand this through an example. A trader offers USD/EURO price for 5.6781 but with a forecast that the currency pair price to rise by 5.6788. The last digit after decimal point refers to the positive value of the dollar against the euro. This is a simple way to check the profit or loss of a trade. Similarly, positive or negative changes can be monitored in price point movements.
Why 4 Digit Brokers
The number of pips gained by a trader refers to profit or loss margin. Four digits in the currency pair help in taking advantage of even a small price movement. We list three primary advantages with 4 Digit brokers below:
Accuracy
Accuracy is required in Forex trading. The best way to be accurate is to know the art of capitalising on even the smallest differences in a currency pair price. 4 Digit brokers help to make sound trading decisions.
Timing
Timing of trades is equally important to accuracy in the Forex markets and 4 Digit brokers help in this respect by offering a detailed price of a pair of currency. Even small decimal differences within a currency pair alerts traders allowing traders to make quick decisions.
Trading Platform
Most of the trading platforms today are capable of reading Forex charts up to 4 digit decimal places. 4 Digit brokers offer great analysis tools one you have access to their trading platforms.
4 Digit Brokers and Trading Platforms
Most of the 4 Digit brokers today offer MT4 or MT5 trading platforms. These two trading platforms are capable of reading Forex up to 4 decimal places.
MetaTrader4 and MetaTrader5, both platforms also provide mobile apps to help traders execute orders at any time and from anywhere.
4 Digit Brokers Verdict
There are 4 Digit as well as 5 Digit brokers and both aim to allow traders to gain from the price difference. Both are equally good even though the 5 Digit provides optimal price differences. Some traders have both 5 digit and 4 digit accounts. 4 digit brokers give less of a false impression of the markets with the prices changing constantly at a micro level. With 4 digit brokers you will only see the more important price changes on your dashboard. This of course differs broker to broker.
4 Digit brokers offer feature rich trading platforms that allow traders to take advantage of small price movements with accuracy and timing. They offer a state-of-the-art trading platforms like MT4 that is well equipped with the 4 digit decimal point price movement feature.
We've collected thousands of datapoints and written a guide to help you find the best 4 Digit Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best 4 digit brokers below. You can go straight to the broker list here.
Reputable 4 Digit Brokers Checklist
There are a number of important factors to consider when picking an online 4 Digit trading brokerage.
- Check your 4 Digit broker has a history of at least 2 years.
- Check your 4 Digit broker has a reasonable sized customer support of at least 15.
- Does the 4 Digit broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your 4 Digit broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your 4 Digit broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your 4 Digit broker can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering 4 Digit Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below 4 Digit Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 4 Digit Brokers of 2020 compared
Here are the top 4 Digit Brokers.
Compare 4 Digit Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are 4 digit brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more 4 digit brokers that accept 4 digit clients
| Broker |
eToro
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Plus500
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Roboforex
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AvaTrade
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HY Markets
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Forex.com
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NordFX
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IB
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UFX
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CMC Markets
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| Rating | ||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) |
| Min Deposit | 200 | 100 | 1 | 250 | 100 | 500 | 1 | 10000 | 500 | 200 |
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| Used By | 12,000,000+ | 15,500+ | 10,000+ | 200,000+ | 10,000+ | 40,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, NinjaTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Binary, Tablet & Mobile apps |
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| Learn More |
Sign
Up with etoro |
Sign
Up with plus500 |
Sign
Up with roboforex |
Sign
Up with avatrade |
Sign
Up with hycm |
Sign
Up with forexcom |
Sign
Up with nordfx |
Sign
Up with interactivebrokers |
Sign
Up with ufx |
Sign
Up with cmcmarkets |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
| Demo |
eToro Demo |
Plus500 Demo |
Roboforex Demo |
AvaTrade Demo |
HYCM Demo |
Forex.com Demo |
NordFX Demo |
Interactive Brokers Demo |
UFX Demo |
CMC Markets Demo |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | US, JP | BE, BR, KP, NZ, TR, US, CA, SG | US | BE | No | US | DZ, BZ, IL, JO, LY, MU, SD, SY, TN, US, YE, PK, BE | US |
All 4 digit brokers in more detail
You can compare 4 Digit Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top 4 Digit Brokers for 2020 article further below. You can see it now by clicking here
We have listed top 4 digit brokers below.
4 Digit Brokers Table of Contents
- 4 Digit Brokers Explained
- 6 Factors to Consider when Choosing 4 Digit Brokers
- Are Your 4 Digit Brokers Trusted And Established?
- Are The 4 Digit Brokers World Leading?
- What are the 4 Digit Brokers Commissions and Fees?
- What are the 4 Digit Brokers Funding and Withdrawl Methods?
- Find 4 Digit Brokers with Round-the-clock support?
- Make sure the 4 Digit Brokers Offer Comprehensive Trader resources?
- Why do 4 Digit Brokers need to be regulated?
- 4 Digit Brokers FAQ
- What are the best 4 digit brokers?
- What is the best 4 digit broker?
- Related 4 Digit Brokers Reviews
- Related 4 Digit Brokers Alternatives
- Related 4 Digit Brokers Comparisons
4 Digit Brokers Explained
Trading the financial markets with 4 Digit Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for 4 Digit Brokers is the platform that a 4 Digit Brokers offer.
Choose 4 Digit Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need 4 Digit Brokers that you can rely on.
6 Factors to Consider when Choosing 4 Digit Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your 4 Digit Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated 4 Digit broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Plus500.
Plus500 was established 2008, and in operation for 11 years Plus500 have a head office in Israel.
Plus500 is regulated. This means Plus500 are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
eToro
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Plus500
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Roboforex
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AvaTrade
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HY Markets
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Forex.com
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| Year Established | 2006 | 2008 | 2009 | 2006 | 1977 | 1999 |
| Head Office | Cyprus, UK | Israel | Cyprus | The British Virgin Islands | UK | United States |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
| Used By | 12,000,000+ | 15,500+ | 10,000+ | 200,000+ | 10,000+ | 40,000+ |
| Negative balance protection | No | Yes | No | No | No | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | Yes |
| Learn More | Visit eToro | Visit Plus500 | Visit Roboforex | Visit AvaTrade | Visit HYCM | Visit Forex.com |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider |
Are The 4 Digit Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 100 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for 4 Digit Brokers is Plus500 . Plus500 Only provides CFDs and offers over 2,000 instruments.
| Broker |
eToro
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Plus500
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Roboforex
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AvaTrade
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HY Markets
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Forex.com
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| Instruments Available | 100 | 2,000 | 100 | 250 | 100 | 4500 |
| Platforms | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
| Excluded Countries | US, IR, KP, BE, CA, JP, SY, TR, IL, HK | BE, US, CA ,CN, SG, ID, PH | US, JP | BE, BR, KP, NZ, TR, US, CA, SG | US | BE |
| Forex pairs offered | 50 | 100 | 35 | 80 | 40 | 80 |
| Forex pairs offered | 50 | 100 | 35 | 80 | 40 | 80 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | No | Yes | Yes | Yes |
| Commodities Offered | 0 | 17 | 0 | 16 | 10 | 12 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | Yes | Yes |
| Stocks Offered | 957 | 1816 | 0 | 99 | 10 | 4500 |
| UK Shares | Yes | Yes | No | Yes | No | Yes |
| US Shares | Yes | Yes | No | Yes | Yes | Yes |
| German Shares | Yes | Yes | No | Yes | No | Yes |
| Japanese Shares | Yes | Yes | No | Yes | No | Yes |
What are the 4 Digit Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated 4 Digit broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency. eToro minimum deposit is 200.
Another top rated 4 Digit broker Plus500 offers CFDs. Plus500 minimum deposit is 100.
| Broker |
eToro
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Plus500
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Roboforex
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AvaTrade
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HY Markets
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Forex.com
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| Min Deposit | 200 | 100 | 1 | 250 | 100 | 500 |
| Withdrawl Fees | Yes | No | Yes | No | Varies | No |
| Inactivity Fees | Yes | Yes | No | No | Yes | Yes |
| Deposit Fees | No | No | No | No | No | No |
| CFD Commission Fees | No | No | No | No | No | Yes |
What are the 4 Digit Brokers Funding and Withdrawal Methods?
When dealing with 4 Digit Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
Plus500
|
Roboforex
|
AvaTrade
|
HY Markets
|
Forex.com
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | Yes | Yes |
| Skrill | Yes | Yes | No | No | Yes | No |
| Payoneer | Yes | No | Yes | Yes | Yes | No |
| Neteller | Yes | No | Yes | Yes | Yes | No |
Find 4 Digit Brokers with Round-the-clock support?
Customer service is very important when dealing with 4 Digit Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
4 Digit Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, and Italian
Plus500 support a wide range of languages including English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese
eToro and Plus500 offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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Plus500
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Roboforex
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AvaTrade
|
HY Markets
|
Forex.com
|
| Support |
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| Languages | English, German, Spanish, French, and Italian | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Italian, German, French, Greek, and Hebrew | English, Chinese, Chinese (Traditional), Arabic, and Russian | English, Chinese, Arabic |
| Learn More | Visit eToro | Visit Plus500 | Visit Roboforex | Visit AvaTrade | Visit HYCM | Visit Forex.com |
| Risk Warning | 75% of retail investor accounts lose money when trading CFDs with this provider. | 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider |
Make sure the 4 Digit Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and Plus500 work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do 4 Digit Brokers need to be regulated?
A regulated 4 Digit broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
4 Digit brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
4 Digit Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, NinjaTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account