MetaTrader is considered the best free platform for trading forex and other financial instruments like CFDs, futures, indices, commodities, and crypto. Traders all around the globe can access it through over 750 online brokers that use it.
Best MetaTrader Brokers is provided for work by most brokers from the TU Forex brokers rating as it is a reliable and easy to use for traders with any level of experience. In this article, we have picked the best MT4 brokers in the market and also prepared a guide for beginners to use the platform.
Top 3 MT4 Forex Brokers in 2022
We have prepared a rating of the best MT4 brokers based on the expert assessment of the Traders Union and user feedback based on forex broker with welcome bonus. All the MT4 brokers from this rating are handpicked from the general rating of Forex brokers.
In this article, we will help you select the best MT4 broker and will disclose all the MetaTrader opportunities.
1. RoboForex– Best Overall for MetaTrader
It is a well-known online broker established in 2009 and has become one of the top choices for worldwide investors and traders. One of the prime reasons why forex traders like this broker is the intuitive MetaTrader 4 trading platform.
The RoboForex users enjoy its MetaTrader 4 platform mainly for its 3 types of order execution, 50 ready-to-use indicators designated for technical analysis, basic tools made for graphic analysis, and the chance to program their own trading robot.
When trading with the MT4 provided by RoboForex, one can enter the market and close positions with just one click and create his or her own trading robots in the MQL4 programming language.
If one would like to enhance its capabilities, one could buy Expert Advisors and indicators directly on the platform. Plus, it sends news and signals to help the person to keep track of all financial market events.
2. IC Markets – Best Trading Conditions in the Market
IC Markets is one of the biggest online brokers in the entire world, with more than 180,000 clients worldwide. It uses the MetaTrader 4 and 5 platforms to provide its clients some of the best trading conditions in the market.
The prime factors why traders like its MT4 platform is because it has raw pricing, very low spreads and commissions, up to 1:500 leverage, extremely low lot sizes of 0.01, no trading restrictions, super fast order execution, and some other benefits.
The IC Markets’ MT4 and MT5 provide its users twenty unique advanced trading tools and other indicators. Those tools and indicators help study the market and monitor their current positions. IC Markets also provide its users advanced plugins from Trading Central and AutoChartist.
3. FxPro – Best Broker For Negative Balance Protection
FxPro is a well-known online broker that gives forex, crypto, and CFD trading to a very big number of traders worldwide. It is trusted by its users for its negative balance protection, full package of services, and superfast order execution. It has both MT4 and MT5 platforms to give the best trading experience for its users.
The FxPro MT4 and MT5 are designed to provide a smooth and efficient trading experience. Both platforms possess EA trading, one-click trading, chart trading, price alerts, trailing stop and other specific features.