MetaTrader is widely regarded as the best free platform for trading various financial instruments including Forex, CFDs, Futures, Indices, Commodities and Cryptocurrencies. Accessible to traders worldwide through over 750 online brokers offering the MetaTrader platform.
Due to its reliability and user-friendly nature suitable for traders of all experience levels, most brokers listed in the TU Forex Broker Rating offer MetaTrader to their clients.This article presents a selection of the top MetaTrader 4 Forex Platform It hits the market and provides a beginner’s guide to using the platform. Insights from Traders Union experts help a trader choose the best MT4 broker for him and maximize the potential of MetaTrader.
Top 5 Forex Brokers for MT4 in 2023
In 2023, TU analysts leveraged expert ratings and user feedback to create a list of top MT4 forex brokers. These brokers are selected from popular forex broker ratings maintained by Traders Union.
- MultiBank – Best MT4 Forex Broker
With a paid-up capital of over $322 million, MultiBank Group is a prominent player in the trading industry, offering exemplary products and services. It is strictly supervised by 11 financial regulators around the world, ensuring investor protection. We offer over 20,000 CFD products across 6 asset classes, with minimum spreads starting at 0.0 pips for Forex and $0.07 for Gold. With multilingual expert customer support and guaranteed funds withdrawal within 24 hours, MultiBank provides a safe and competitive trading environment.
- RoboForex – Best MT4 Forex Broker
Founded in 2009, RoboForex serves clients in 169 countries and offers a reliable and easy-to-use platform. Recognized as a leading software development company, we have earned high praise from our clients. Regulated by various authorities such as FCA, CySEC and FSCA, RoboForex offers a wide range of trading opportunities and excellent customer service.
- Exness – Best MT4 Forex Broker
Exness started operations in 2008 and is an established broker with a global presence and local law compliance in over 130 countries. We have multiple licenses such as FCA, CySEC, FSC, etc., and provide financial security and various trading methods. With $325.8 billion in monthly trading volume, Exness holds a leading position in foreign exchange ratings.
- Tickmill – Best MT4 Forex Broker
Tickmill Group sets a new standard in brokerage services by focusing on innovation and offering minimal spreads that are highly appreciated by scalpers and EA users. The company has won numerous awards such as ‘Best Forex Spread’ and ‘Best Forex Trading Experience’ for 2022, making it an attractive choice for traders looking for cutting-edge technology.
- VantageFX – Best MT4 Forex Broker
Operating since 2009, Vantage Markets is an STP broker offering a wide range of trading assets including CFDs on forex pairs, stocks, commodities and indices. It is regulated by FCA, ASIC, VFSC and CIMA, providing a safe and compliant trading environment. Vantage Markets has won 11 prestigious awards, furthering its reputation in the industry.
How to choose the best MetaTrader broker?
Choosing the right MetaTrader broker is important for long-term trading success. Consider factors such as low fees and commissions, fast execution speed, low spreads, and small lot trading capabilities. Avoid brokers with inactivity fees and always test them on a demo account before opening a live account.
Conclusion
MetaTrader is definitely the recommended platform for Forex trading, offering a wealth of features and opportunities for traders of all levels. By understanding and using it correctly, you can maximize its benefits. Choosing the right MT4 broker is essential for a rewarding trading experience, and TU’s expert ratings and user feedback help traders make informed choices. MetaTrader’s robust platform and the best of his MT4 brokers allow traders to trade smarter and effectively increase their profits.
