Alpari's starting point is in Russia, and then several founders have established operations in the United States, United Kingdom and Russia. Among them, the founder who developed in Russia founded Alpari Limited in Saint Vincent. In 2015, after the Swiss franc incident, Alpari's UK went bankrupt, and the trademark and domain name were acquired by the Russian founder. Alpari's domain name was then transferred to Alpari Limited. At this point, the British Avery completely disappeared, leaving only a new Alpari just created.
- high Leverage can use
- support CopyTrading
- APP support
- Poor education
- No support Web Trading
- high deposit and withdraw fee
Lite FX is an international broker that provides favorable and transparent trading conditions and various services for global clients, including STP and ECN accounts. Customers can use various trading tools, such as CFDs、currency pairs、exchange rates、 precious metals、world stock indexes and oil . they offer trader well trading UI without downloand MT4 or MT5 which is convenient than traditional broker Lite Forex has more than ten years of operating history, and now there are many trader. Its headquarters is in Cyprus
- Easy to use.
- Have advanced charting and drawing tools.
- Allow social Copy Trading
- It is suitable for mobile phones and desktop computers.
- It is easy to customize.
- Let traders get FX news from reliable sources.
- only regulation in CySEC
- limited Leverage
- less stock
- high fee withdraw
overall we talking about VanTage FX it's worth to use ? for first level regulation they getting reducing leverage low as 30 below , but in VanTage FX you can feel free flexible change your regulation between second level regulation up to 500 leverage , Overall VanTage FX are in list
- Various deposits way
- Support Copy Trade
- Fully and Free education
- Free VPS
- Only English education
- less CFD stocks
EXNESS is the only forex broker in the world that supports fully automated withdrawals, withdrawals do not require manual review, and fund deposit withdrawals are quick and convenient Exness Group (Exness) was established in 2008 Exness Group provides trading capabilities of more than 120 financial instruments, provides the best market order execution services and has a small spread in major currency pairs.
- Provide multiple account types
- VPS hosting
- online web trading
- high leverage over 2000
- lowest deposit from 1 $
- Great educational tools
- Limited product portfolio
- less Stock CFD
Since the beginning of XM in 2009, over 2,500,000 customers have been registered with the company. This allowed XM to become a large and recognizable investment company and take a leading position in the industry. Today, over 450 specialists with rich experience in finance work in XM.
- Free online course
- Create multiple sub account
- Low withdraw fee
- Availability of Live Chat
- Customer-friendly layout
- Supporting Android and iOS
- Only MT4 MT5
- less ETF stock
- High Indices spread
OctaFx Started since 2011 offer Forex trading investment is kind new brand of forex trader in market , unfortunately and fortunately under CySEC(EU) regulation therefore only offer low leverage Forex trading , which is limit risk for client for beginner there so important to learn and use to in low leverage
- 0$ Withdrawal fee
- Micro Lot trading available
- Price alerts and push notifications
- Fee Report
- Inactivity fee
- High Indices spread
- Limited deposit and withdrawal option for European clients
FBS Broker founded in 2009 , operation main is Asia located at 89, Vasileos Georgiou Street, 1st Floor, Office 101, Potamos Germasogeias, 4048 Limassol service over 700 thousand people in the worldwide including China Indonesia, Russia, the Philippines and even Malaysia has operated office ,FBS is also regulated by Cyprus, a subsidiary of Tradestone Limited, which is a popular jurisdiction for foreign exchange transactions. Tradestone Limited is regulated by the Cyprus Securities and Exchange Commission. According to the MiFID directive, all brokerage companies regulated by CySEC have the right to conduct business in the EU. This makes FBS a safe company that currency traders can invest in.
- friendly user App
- Provide multiple account types
- homepage user Friendly
- well education
- less Stock CFD
- Limited product portfolio
- less regulation broker
Pepperstone founded in 2010 offer forex and CFD stock trading service base on Asia-pacific, office and headquarter located in Australia, offer low ping and high quality price quote without slippage. In average Pepperstone is not one of broker which offer fantastic trading app but reliable and fairly trading broker platform, why said like it ? Because most broker usually going price slippage but in pepperstone such report are no usually happened, so for day-trdaer and mass Quantitative Trader are really important even your small trader that's one of crucial priosity.
- Low slippage
- Low ping support VPS
- High speed respown time
- less CFD stock
The full name of FXTM is Forextime Ltd was founded in 2011 by Andrey Dashin, who is also a major shareholder of online broker Alpari. Since the launch of FXTM, the platform has been expanded to include the MT4 and MT5 platforms developed by MetaQuotes Software, headquarter local at Cyprus 35, Lamprou Konstantara Street, FXTM Tower, Kato Polemidia, CY-4156 Limassol.
- Provide multiple execution strategies by account type
- Regulated by several agencies
- Including regulation outside the EU
- Provide crypto currency CFDs
- FXTM Invest supports automated trading
- ECN accounts have leverage limit requirements and margin limits
- Certain market areas are divided by account type
- ECN accounts can only add stop loss and limit orders after execution
- The maximum order volume per transaction is 30 standard lots
MT4 is the most popular trading platform tool in Forex Trading . In the field of Forex Trading, the MT4 series has lowered the threshold of difficulty for the public People to get started in Trading on Forex. Many trading securities dealers & Broker regard it as one of the necessary tools.
What is the MetaTrader 4 (MT4) trading platform interface tool?
Learn about the Meta Trader series No matter which MT4 broker you choose, you always use the same MT4 platform for trading, so what is the actual difference between using one broker and using another? There are five main differences between many MT4 brokers. Below we will list these differences and problems for you to choose a trading platform in the future:
Can I trust this trading broker Platform?
In many cases, the most important consideration when choosing a trading broker is their goodwill evaluation. This is why we only choose to show trading brokers certified by major national regulatory agencies, such as the UK FCA, Cyprus CySEC and other regulatory agencies , These regulatory agencies have adopted strict inspections to ensure the safety of investors’ capital.
Do I execute the Trading I want to execute?
Each trading broker will decide for themselves which Forex pairs, stock pairs, and commodity futures pairs they want to provide on their trading platform for investors to trade. Most trading brokers will provide all major and minor currency pair forex, but Some trading brokers provide a wider range of other asset classes, such as virtual currency trading, emerging country currency pairs, stock CFD and other trading products. If you are looking for a specific trading product, you can find out if they provide it on their MT4 This transaction pair service.
The cost of each Trade executed
Each trading broker has set up different trading spreads, handling fees, swap rates, deposit and withdrawal fees, etc., all together will change the cost of your transaction with them. It is always worthwhile to calculate the amount that each broker may pay for each transaction. For convenience, we have performed these calculations in the reviews of each trading broker. You can understand their cost range through the evaluation of our trading brokers.
How is my trading order executed?
It is the same as all trade in reality. There must be a buyer and seller between the buyer and the seller to reach a order. When you place an order in the MT4 trading platform, your trading broker will match both buyers and sellers for you at the same time and earn the difference from the difference. Service fee.
Most trading brokers will perform this role for you by taking the opposite Trades so that you can execute the trades you want-brokers that do this are called “market makers” and other trading brokers, usually called ECN A trading broker matches you with another trader or bank who wants to trade with you in the opposite direction. There are pros and cons to each of these two execution methods. The minimum deposit of ECN brokers is usually very high, and the pricing is more suitable for professional traders with high trading volume, while market makers are often more suitable for traders who wish to conduct small Trading. You can click on these links to learn more about market makers and ECN trading brokers.
Can I trade the volume and order size I need?
Your trading broker will increase certain restrictions such as providing minimum and maximum deposit amounts, maximum open positions and minimum transaction sizes.
If you want to trade particularly high or particularly low amounts, you need to make sure that your trading broker allows you to do so because when you open a trade order or deposit amount that does not comply with the trading broker’s restrictions, MT4 may not be able to do so. Trading or unable to place an order, the result is that your trade order cannot be executed, or you are forced to change the trading strategy and other unexpected conditions.
Advantages(pros) and disadvantages(cons) of MT4
Overall, the advantages of the MT4 trading platform outweigh the disadvantages, but it still has some disadvantages. The following are the main advantages and disadvantages of using MT4 as a trading tool.
MT4 advantages (pros)
- Overall, the most versatile user interface UI is for beginner traders.
- Most Forex and CFD trading brokers provide MT4 as the main trading tool to their customers. For the customer switching platform, there is less pain in the conversion platform and it is easier to change the broker without having to learn to use a new trading interface.
- Provide a complete interface in different languages.
- It is common to computers, mobile phones, tablets, and Apple systems and Linux systems, with only minimal differences.
- One Cilck Trade and Scalping Trade
- You can hedge trading positions.
- Secure transaction encryption protocol.
- Provide programmable automatic trading MQL4.
- Excellent technical analysis chart function and indicator options.
- Backtesting allows traders to test their strategies using historical data.
- MT4 cannot provide trading frequency in seconds
- without Social trading copying
- MT4 uses a different programming language from MT5, so plug-ins and accounts cannot be ported to newer platforms
- Any Forex or CFD brokers launched after 2018 cannot provide the MetaTrader 4 platform, because MetaQuotes no longer issues MT4 licenses, but instead issues MT5 licenses to brokers.
- MT4 allows the use of redrawn data, and these indicators may mislead people into thinking that their performance is better than their actual performance.
What can you trade on MT4?
The assets you can trade on MT4 depend on the trading broker you use.
In MT4, you can view the trading pairs that your trading broker allows you to conduct by pressing Ctrl+U on the keyboard. Or you can click “View” in the navigation bar at the top of MT4 and then click “Symbols” to view this information.
Generally speaking, the list of tools you can trade on MT4 depends on the trading broker you use, and it mainly covers the following six typical assets and asset classes.
- Currency pairs –
Most traders use MT4 Forex trading in MT4, the currency pair is usually divided into major currency pairs (eg EUR / USD), the minor currency pairs (eg EUR / CHF) and emerging currencies (eg USD / SGD ) While most forex brokers will offer seven major currency pairs, but brokers offer products are usually minor and emerging market currency pairs.
- Stock pairs-
You can usually trade some very popular stocks through MT4. These are usually blue chip stocks, such as Apple, Microsoft, Yahoo, Google, Coca-Cola and Tesla stocks.
- Stock index –
You can sometimes trade major stock indexes in MT4, such as the UK’s FTSE100, France’s CAC 40, or Germany’s DAX 30, which measure the performance of the global stock exchanges.
- Cryptocurrency –
In addition to derivative cryptocurrencies such as Bitcoin Gold and Bitcoin Cash, some brokers also provide execution services for major cryptocurrencies such as Bitcoin BTC, Ethereum ETH, Ripple, Litecoin LTE and EOS through MT4. However, please note These relatively new markets may lack liquidity and rapid price fluctuations may not be suitable for beginners.
- Commodity futures-
Most brokers provide their clients with a set of popular tradable commodities through MT4, although some brokers provide broader commodity market access, especially if they offer CFDs or CFDs. The most common commodities offered by trading brokers include precious metals such as gold, silver and platinum; energy products such as WTI and Brent crude oil, natural gas and gasoline; and agricultural products such as corn, sugar, wheat, coffee, cocoa, soybeans and cotton.
- Fixed income securities –
Some trading brokers provide their clients with a small number of fixed income tools to trade through MT4 with lower leverage. In most cases, these are limited to government bonds issued by the United States, Japan, and major European countries.
MT4 Q&A Questions
How to use social Copy trading on MT4?
MT4 provides a social trading function called trading signals (Trading Signals), which allows you to automatically copy another trader’s trading order in same time. Signal providers sometimes provide these for free, and sometimes copy their Trading order. Need to pay.
In order to copy and copy other traders, you must use MT4 real account and register MQL5.com account, and have enough funds, so that you can see the “Signals” of other trading signal providers and then you can subscribe to track them
Scalping and Hedging on MT4
Scalping is a short-term trading strategy that takes advantage of small market fluctuations. Due to its fast “one-click” trading function, it can be implemented very successfully on the MT4 trading platform. However, many trading platform brokers may not allow this strategy. Or the trading broker may artificially impose the holding time required for trading positions, which may make the strategy less feasible.
Hedging is still possible in the MT4 trading platform, although similar to scalping, certain brokers and jurisdictions may have different rules when it comes to whether a trader can hedge positions in this way. For example, many UK MT4 brokers allow Their UK clients use MT4 for hedging transactions, and they also deduct the trader’s margin requirements accordingly. This means that if the trader hedges the transaction, the margin of the original Trade order will be reduced after the hedge is established, because the hedge Trade order completely or partially eliminates the risk of the initial position.
More content you might be interested
List of supported MT4 trading brokers
AvaTrade、IG、XTB、City Index、Markets.com、Core Spreads、EasyMarkets、ETX Capital、London Capital Group、ATFX Global Markets、Trade.com、Admiral Markets、ForTrade、FXPro、Oanda、ForexTime、HY Markets、Pepperstone、ThinkMarkets、Axitrader、Exness、FXCM、FXPrimus、GKFX、IronFX、Orbex、Roboforex、Swissquote、Tradeo、TrioMarkets、UFX、XM、AAAFX、ActivTrades、ADS Securities、AFX Capital、AGM Markets、Alpari、ATC Brokers、Blackwell Global、Boston Merchant Financial、Bulbrokers、CFI Markets、CM Trading、Darwinex、Delta Stock、Dukascopy、Eightcap、FBS Inc、Fibo Group、Finotec、Forex.com、Forex4You、Formax Market、FP Markets、FXCC、FX Global Markets、FX Open、FXDD、FxGlobe、FXGrow、FxNet、FXStat、GDMFX、GO Markets、Hantec FX、Hirose Financial、HiWayFX、HF Markets、IC Markets、ICM Capital、Ikon Finance、Ingot Brokers、Instaforex、Invast、JFD Wealth、Mayzus、MultiBank Exchange Group、NordFX、NSFX、OctaFX、One Financial Markets、PriorFX、Stock.com、Sucden Financial、Super Trading Online、SVS Securities XO、TFI Markets、ThinkMarkets、Tickmill、TopForex、Tradenext、Traders Trust、Vantage FX、Vinson Financials