MetaTrader 4 Guide
Updated June 14, 2021
MetaTrader 4
MetaTrader is a well-known electronic trading platform from the stable of MetaQuotes Software. The fourth generation, or the so-called MetaTrader 4, was launched in 2005.
The first generation of MetaTrader was released in 2002 and the MetaTrader 4 is a much-enhanced version. Between 2007 and 2010 several brokerage houses offered the platform to clients as an alteration to their existing trading software.
The current version of the trading platform is MetaTrader 5 and it was launched in 2010, following successful release of its beta version in 2009. However, even though the company has launched MetaTrader 5, the MetaTrader 4 is still very popular among the traders.
MetaTrader 4 is mostly used by brokers in offering margin trading to their clients. Lately, some have also started facilitating CFD trading with it even though the software is not developed for full-time work in exchange-traded futures or stock market. However, the successive version works with commodities exchange-traded commodities and equities. Both the platforms use custom indicators and both offer Expert Advisors or EAs for trading automation.
MT4 Charting, MT4 Tools
The MetaTrader 4 started with a desktop version with easy-to-navigate layout and some valuable charting tools to help traders perform basic technical analysis. The customizable chart templates are easy to control and make the charts appear in a friendly display.
Expert Advisors (EAs)
Expert Advisors lead to automated trading. Used in both the MT4 and MT5, the EAs come with several customizable parameters and traders can specify the size of their position as well as risk/reward-related attributes along with a couple of other elements to enable automation in trading.
MetaTrader 4 allow traders to test how the automation would perform in back testing processes, which is based on historical data. It is accomplished through a section called Strategy Tester. This is a useful feature. When EA is coded and tested for the first time, it is called testing on out-of-sample data. Some of the developers who code EA on MetaTrader 4 optimize strategies based on historical data set.
Pros and Cons of EAs
Automation is not good all the time. Automated strategy is only positive when the market is not highly volatile, and risks can be adjusted. Not all the EAs are good as claimed by their respective vendors. Some poor EAs are also being lately circulated online. Hence, it is important to verify whether the software is performing as being promised to perform.
Below are some tips to verify whether the EA being sold is positive or negatve.:
- The first factor to consider is to understand the trading strategy that it is following.
- Next to consider is its availability as well as historical performance and cost.
- It is suggested to back-test the software across several instruments or the timeframes.
- Analyzing the results is important in finding out whether the back tests are able to meet the expectations.
- Before getting serious with it simply forward-test the methodology with a small amount.
MetaTrader 4 Broker
Brokers play an important role and most of them offer the MetaTrader 4. However, check to see which MT4 broker offers the best version of the software that helps to ease the workload for traders.
How MetaTrader 4 Differs from MetaTrader 5
MetaTrader 4 is basically a Forex trading platform and is previous generation software while MetaTrader 5 is the latest version. MT5 supports individual shares and is equipped with some advanced functions like conducting back testing and utilizing cloud-storage to run methodologies. In MT4 these are missing and need to be done locally. It can also be accomplished through a VPS.
Determining whether to use any one version, it is suggested to consider the range of available markets on each and related tools made available such as scripts, libraries, EAs and custom indicators. These may differ. Lately, it is being seen that some developers have started creating a dedicated version of either MT4 or MT5.
MetaTrader 4 Verdict
MetaTrader 4 is one of the most popular electronic trading platforms and is being used mostly in Forex trading. It is the best companion for traders and conducts many useful trading functions. Even though the next version has been on the market for about a decade, MT4 is still popular.
Traders are suggested to make use of MT4 if offered by brokers as an alternative platform. MT4's Expert Advisor features can be highly beneficial for traders to automate repetitive trading tasks.
We've collected thousands of datapoints and written a guide to help you find the best MetaTrader 4 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 MetaTrader 4 below.
Reputable MetaTrader 4 Checklist
There are a number of important factors to consider when picking an online MetaTrader 4 trading brokerage.
- Check your MetaTrader 4 broker has a history of at least 2 years.
- Check your MetaTrader 4 broker has a reasonable sized customer support of at least 15.
- Does the MetaTrader 4 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 MetaTrader 4 broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your MetaTrader 4 broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your MetaTrader 4 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 MetaTrader 4.
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 MetaTrader 4.
- 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 MetaTrader 4 of 2021 compared
Here are the top MetaTrader 4.
Compare MetaTrader 4 min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are MetaTrader 4. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more MetaTrader 4 that accept MetaTrader 4 clients
| Broker |
AvaTrade
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IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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FP Markets
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FXPrimus
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EasyMarkets
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ThinkMarkets
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NordFX
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| Rating | |||||||||||
| Regulation | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), Financial Services Authority Seychelles (FSA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 |
| Min Deposit | 250 | 200 | No minimum deposit | 1 | 200 | 5 | 100 | 100 | 100 | No minimum deposit | 1 |
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| Used By | 200,000+ | 180,000+ | 250,000+ | 10,000+ | 89,000+ | 3,500,000+ | 10,000+ | 10,000+ | 142,500+ | 500,000+ | 10,000+ |
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| Platforms | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with avatrade |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with roboforex |
Sign
Up with pepperstone |
Sign
Up with xm |
Sign
Up with fpmarkets |
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Up with fxprimus |
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Up with easymarkets |
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Up with thinkmarkets |
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Up with nordfx |
| Risk Warning | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits |
| Demo |
AvaTrade Demo |
IC Markets Demo |
XTB Demo |
Roboforex Demo |
Pepperstone Demo |
XM Demo |
FP Markets Demo |
FXPrimus Demo |
easyMarkets Demo |
ThinkMarkets Demo |
NordFX Demo |
| Excluded Countries | BE, BR, KP, NZ, TR, US, CA, SG | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE, AU | US, JP | BR, KR, IR, IQ, SY, JP, US | US, CA, IL, KR, IR, MM, CU, SD, SY | US, JP, NZ | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US | AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | No |
All MetaTrader 4 in more detail
You can compare MetaTrader 4 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 MetaTrader 4 for 2021 article further below. You can see it now by clicking here
We have listed top MetaTrader 4 below.
MetaTrader 4 Table of Contents
- MetaTrader 4 Explained
- 6 Factors to Consider when Choosing MetaTrader 4
- Are Your MetaTrader 4 Trusted And Established?
- Are The MetaTrader 4 World Leading?
- What are the MetaTrader 4 Commissions and Fees?
- What are the MetaTrader 4 Funding and Withdrawl Methods?
- Find MetaTrader 4 with Round-the-clock support?
- Make sure the MetaTrader 4 Offer Comprehensive Trader resources?
- Why MetaTrader 4 needs to be regulated?
- MetaTrader 4 FAQ
- What are the best MetaTrader 4 brokers?
- What is the best MetaTrader 4 broker?
- Related MetaTrader 4 Reviews
- Related MetaTrader 4 Alternatives
- Related MetaTrader 4 Comparisons
MetaTrader 4 Explained
Trading the financial markets with MetaTrader 4 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 MetaTrader 4 is the platform that a MetaTrader 4 offer.
Choose MetaTrader 4 that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need MetaTrader 4 that you can rely on.
6 Factors to Consider when Choosing MetaTrader 4
Follow these five rules for selecting a broker that's right for you:
Are Your MetaTrader 4 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 MetaTrader 4 broker is AvaTrade. Established in 2006, and in operation for 12 years AvaTrade have a head office in The British Virgin Islands.
AvaTrade is regulated. This means AvaTrade are supervised by and is checked for conduct by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) regulatory bodies.
| Broker |
AvaTrade
|
IC Markets
|
XTB
|
Roboforex
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Pepperstone
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XM
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| Year Established | 2006 | 2007 | 2002 | 2009 | 2010 | 2009 |
| Head Office | The British Virgin Islands | Australia | Poland | Cyprus | Australia | Cyprus |
| Regulation | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) |
| Used By | 200,000+ | 180,000+ | 250,000+ | 10,000+ | 89,000+ | 3,500,000+ |
| Negative balance protection | No | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit AvaTrade | Visit IC Markets | Visit XTB | Visit Roboforex | Visit Pepperstone | Visit XM |
| Risk Warning | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk |
Are The MetaTrader 4 World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. AvaTrade Segregates clients funds and offers over 1000 instruments. AvaTrade offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the AvaTrade platform enables access to a variety of financial markets worldwide. AvaTrade 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 MetaTrader 4 is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
AvaTrade
|
IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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| Instruments Available | 1000 | 232 | 4000 | 100 | 100 | 1000 |
| Platforms | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | BE, BR, KP, NZ, TR, US, CA, SG | US | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, JP | BR, KR, IR, IQ, SY, JP,US | US, CA, IL, KR, IR, MM, CU, SD, SY, PT |
| Forex pairs offered | 80 | 65 | 57 | 35 | 70 | 80 |
| Forex pairs offered | 80 | 65 | 57 | 35 | 70 | 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 (availability subject to regulation) | Yes | Yes | Yes | No | Yes | No |
| Commodities Offered | 16 | 19 | 21 | 21 | 16 | 15 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | No | No |
| Stocks Offered | 99 | 110 | 1696 | 0 | 60 | 160 |
| UK Shares | Yes | No | Yes | No | No | No |
| US Shares | Yes | Yes | Yes | No | No | No |
| German Shares | Yes | Yes | Yes | No | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | No | No | Yes |
What are the MetaTrader 4 Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated MetaTrader 4 broker AvaTrade offers competitive offers for Forex, CFDs, Spread Betting, Social Trading. AvaTrade minimum deposit is 250.
Another top rated MetaTrader 4 broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
AvaTrade
|
IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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| Min Deposit | 250 | 200 | 0 | 1 | 200 | 5 |
| Withdrawl Fees | No | No | varies | Yes | No | No |
| Inactivity Fees | No | No | Yes | No | Yes | Yes |
| Deposit Fees | No | Varies | No | No | No | No |
| CFD Commission Fees | No | Yes | Yes | No | Yes | No |
What are the MetaTrader 4 Funding and Withdrawal Methods?
When dealing with MetaTrader 4 having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
AvaTrade
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IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | No | Yes | No |
| Skrill | No | Yes | Yes | No | Yes | No |
| Payoneer | Yes | No | Yes | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find MetaTrader 4 with Round-the-clock support?
Customer service is very important when dealing with MetaTrader 4.
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.
MetaTrader 4 customer support can include Phone answering services, Live chat support and Email customer service support.
AvaTrade support a wide range of languages including English, Italian, German, French, Greek, and Hebrew
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
AvaTrade and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
AvaTrade
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IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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| Support |
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| Languages | English, Italian, German, French, Greek, and Hebrew | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish |
| Learn More | Visit AvaTrade | Visit IC Markets | Visit XTB | Visit Roboforex | Visit Pepperstone | Visit XM |
| Risk Warning | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk |
Make sure the MetaTrader 4 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, AvaTrade and IC Markets 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 MetaTrader 4 needs to be regulated?
A regulated MetaTrader 4 broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
MetaTrader 4 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.
MetaTrader 4 List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer 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, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, 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, MT5, Mac, ZuluTrade, 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, MT5, Mac, 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, IRESS, Mac, 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, Mac, Mirror Trader, 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, 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, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account