Top 4 Digit Brokers for 2020

We found 10 online brokers that are appropriate for Trading 4 Digit.

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.

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.

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 Plus500 Roboforex AvaTrade HY Markets Forex.com NordFX IB UFX CMC Markets
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
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 15,500+ 10,000+ 200,000+ 10,000+ 40,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Allows hedging
  • Offers STP
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Managed account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
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
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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 List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 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. Plus500 offers CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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)
HY Markets
(4/5)
Min deposit : 100
HYCM was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits HYCM offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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
Forex.com
(3/5)
Min deposit : 500
Forex.com was established in 1999 and is used by over 40000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
IB
(3/5)
Min deposit : 10000
Interactive Brokers was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits Interactive Brokers offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, NinjaTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
UFX
(3/5)
Min deposit : 500
UFX was established in 2007 and is used by over 10000+ traders. Your capital is at risk UFX offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
CMC Markets
(3/5)
Min deposit : 200
CMC Markets was established in 1989 and is used by over 10000+ traders. Losses can exceed deposits CMC Markets offers Forex, CFDs, Spread Betting, Binary Options

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Binary, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)