iForexTrader

FOREX MT4 Platform COMPARISON 2018

Compare the MetaTrader 4 Platforms Of The UK's Top Forex Brokers And Start Trading!

BrokerMin. DepositMax. LeverageSpreads FromBroker InformationHighlightsVisit Site
InterTrader MT4 Platform£50030:10 PIPS

- InterTrader is a 100% Market Neutral Broker, so they don’t trade against you.
- Owned & operated by GVC Holdings PLC, a FTSE 250 company with a market cap over £2bn (April 2017).
- Awarded UK’s Best Value for Money Broker according to Investment Trends Report, 2017. Losses can exceed deposits.

100% market neutral, No Dealing Desk

Funds are protected by their parental guarantee

Trade cryptocurrencies via CFDs / tax-free* spread betting

57 Currency Pairs

CFDs carry risk. 64-72% of traders lose with this provider.

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AvaTrade MT4 Platform£100400:10.8 PIPS

- Internationally regulated broker AvaTrade offers over 50 currency pairs and competitive spreads.
- Use manual or automated trading across their 8 powerful platforms.

Over 250 instruments

24/5 multi-lingual support

Competitive spreads

50+ Currency Pairs


CFDs carry risk.

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Easy Markets MT4 Platform$10030:10.1 PIPS

- easyMarkets offers over 135 currency pairs and fixed spreads.
- The easyMarkets MT4 platform allows for spot forex trading, micro lots, 70% margin call levels, tight fixed spreads, EAs, scalping, hedging, rapid market execution, 1-click trading options and more.

Negative Balance Protection

Personalised spreads

Expert Advisors (EAs)

Multi-terminal

CFDs carry risk.

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Core Spreads MT4 Platform£0200:10.01 PIPS

- Core Spreads generously offer a 50% Welcome Bonus and Loyalty Scheme (T&C's apply, losses can exceed deposits).
- FCA regulated, Core Spreads offer some of the tightest spreads in the market.

Autotrade functionality (EAs)

Low commissions per lot

Welcome Bonus

40 currency pairs

CFDs carry risk. 75% of traders lose with this provider.

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24option MT4 Platform€1001:4003 PIPS

- CySEC regulated.
- Trading activity covers a broad spectrum of financial instruments.
- Full charting tools and resources, real-time trading results, and instant order execution.

MT4 provides charting analysis, up-to-the-minute pricing, insights, and real-time trading updates

free webinars

CFDs on cryptocurrencies

100+ currency pairs

CFDs carry risk. 84.94% of traders lose with this provider.

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City Index MT4 Platform £100400:10.01 PIPS

- With over 30 years experience in global markets, City Index offers tight spreads, low margins and fast execution across their award-winning platforms.
- FCA regulated.

Customisable Economic Calendar

Award Winning MT4 Broker

Free demo trading account

Over 80 currency pairs

CFDs carry risk. 76% of traders lose with this provider.

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ETX Capital MT4 Platform£100200:10.6 PIPS

- ETX Capital offers over 5,000 trading markets, custom charts & indicators and an expansive education centre.
- Experience fast execution across 3 powerful trading platforms. Regulated by the FCA.

FCA regulated

London-based customer support

Free Virtual Private Server (VPS) with 24/7 EA's on MT4 (T&C's apply)

60+ Currency Pairs

CFDs carry risk. 79.6% of traders lose with this provider.

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Forex.com MT4 Platform£250200:10.01 PIPS

- Forex.com offers competitive pricing, real-time market analysis and professional trading platforms optimized for currency traders.

Demo trading account

Free Expert Advisor Hosting Services (T&C apply)

Over 200 currency pairings

CFDs carry risk. 75% of traders lose with this provider.

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*UK taxpayers only. Please note that tax treatment depends on your individual circumstances and may change in the future.

 

 

What is an MT4 platform?

 MT4 is the abbreviation for MetaTrader4. It is primarily used for financial market analysis with EAs (Expert Advisors), and for trading Forex. MT4 is fully equipped to handle all forms of mobile trading on Android and iOS devices. MetaTrader4 is arguably the world’s most powerful Forex trading platform, and it utilizes market analysis, and trading signals to boost the platform’s abilities.

Today, millions of traders around the world use MT4 for Forex trading. It offers a wide range of features such as algorithmic trading, advanced analysis, and it is suitable for novice traders and professional traders alike. Market and Signals are the latest innovations available to clients on the MT4 platform.

 

How to Trade on MT4 Platform?

 MT4 was designed by MetaQuotes Software for the purposes of CFD trading, Forex trading, and futures markets. There are 5 distinct sections on the MetaTrader 4 screen. Traders will notice 4 default price charts; however, clients have full customization with respect to the number of charts available.

The Toolbars on the top of the screen are filled with icons. Various FX pairs are visible in the Market Watch window, including bid/ask prices. The Navigator Window is located beneath the Market Watch window. Traders will see their accounts listed there, including Scripts and EAs.

To place a trade, clients will use the Order window. Next, click on and FX pair from the Market Watch window and select the new trade option. There are many ways to place an order. It’s best to practice on the MT4 platform to see your range of options, including take profit, stop loss, adding comments etc.

Pending orders include Sell Stop, Buy Stop, Buy Limit, and Sell Limit. As soon as you have opened a position, it will be visible in the Terminal. Orders can also be modified with things like trailing stops. Trades will close out once the price level hits the stop loss, take profit or trailing stop. Positions can be closed by clicking on Close Order.

 

Why Trade on MT4 Platform?

MT4 platforms are tailored to personal computers (Linux, Mac OS, and Windows) as well as Android and iOS smartphones and tablets. There are many inherent benefits of using this powerful trading platform, including mobile trading functionality, a large and growing community of traders, automated trades, trading signals, web trading, and the prestigious MetaTrader market.

Market is a terrific resource on MT4, where traders can buy indicators and robots from the platform, and enjoy some 2,100+ technical indicators and 1,700+ trading robots. Signals offers 3,200+ commercial and complimentary signals on the website for traders to copy successful traders (social trading).

 

How to Choose a Broker for Trading on MT4 Platform?

The most important aspects to consider when choosing a broker using the prestigious MT4 platform are regulation and compliance. Once you have selected a CySEC or MiFID broker for example, issues such as account types, margin, leverage, spreads, and commissions should be factored into the equation.

Be sure that you can afford the initial deposit amount. The range of financial instruments (Forex pairs, commodities, indices, stocks etc.) is equally important. Given that MT4 is the world’s finest Forex trading platform, many brokers using it are already licensed and regulated, and held in high regard by traders.

At iForexTrader, all of the featured UK Forex brokers are highly rated by traders. Feel free to browse them at your leisure.

 

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Markets.com easyMarkets
IQ Option 24option.com City Index