12 Best MetaTrader 4 MT4 Brokers for 2024

From our testing, trading fees for Tickmill were competitive as the Pro Account offers spreads from 0 pips and a low commission of just $2 per side, per $100,000 traded. The Classic Account offers spreads from 1.6 pips with zero commission. There is also a VIP Account and a Futures Account for professionals. The Tickmill MT4 platform can be used on Windows, Mac, Web, and Android devices. IOS users can trade from the Tickmill Mobile App which offers a decent range of account management and live trading features as well as live chat support from the app. You can also deposit funds into an Exness trading account using cryptocurrencies such as Bitcoin, USD Coin, and Tether.

Is ActivTrades regulated?

Below are some of the key points to consider when choosing the best MT4 forex broker to trade with. Users can trade from MT4, MT5, TradingView, and the proprietary ActivTrader platform. The list of global share CFDs available at ActivTrades covers the U.S., Europe, UK, Asia, South America, and others. This means you could purchase 1/10th of a share which is useful if the value of one share is very high and you have a small account. From our examination, MetaTrader 4 is only offered by Octa Markets Incorporated.

Low stock CFD fees

Delivering service par excellence at every touchpoint, irrespective of their trading acumen or portfolio magnitude. This unwavering commitment is why they repose their trust in us, year after year. ActivTrades is unwavering in its commitment to adhering to the zenith of regulatory norms, setting benchmarks for the industry. This commitment ensures our clients enjoy the security that comes from partnering with a broker regulated across various jurisdictions.

💵 ActivTrades Minimum Deposit :

From our live testing on the commission-free Pro account, we found the average spread for EURUSD during the London open was 0.8 pips which was much better than the industry average. You can access even tighter spreads with the Raw Spread account but with a commission of 3 units of the base currency per side, per lot. Tickmill was founded in 2014 but has gained an impressive reputation for its product offering. Authorized and licensed by the FCA, CySEC, FSA of Malaysia, and the FSA of Seychelles, users can trade a wide range of asset classes from platforms including MT4, MT5, CQG, and TradingView.

Balance Protection\r\nWe will continue to protect your account from a negative account balance.\r\n\r\n

The team of forex and CFD writers and editors at FX Empire is composed of trading industry professionals and seasoned financial journalists. Our writers have been published on leading financial websites such as Investopedia and Forbes. For beginner traders, look out for tutorials and videos on how to use MT4. While there is a lot of information available online, it’s easier to find the right information if your broker already has it available.

How long does it take to withdraw money from an ActivTrades account?

Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. At ActivTrades, funds can be deposited and withdrawn using a wide range of methods including bank transfer, credit/debit cards, digital wallets, online payment systems, and crypto. Processing times are relatively fast for the industry, but in some cases, there are fees for both deposits and withdrawals. With over 1,000 CFDs on forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies, ActivTrades offers a wealth of tradable instruments. This provides up to £/$/€ 1 million per client additional coverage and applies to all clients, regardless of which entity they are under.

ActivTrades Main Features

Another unique feature we found in our testing is that you can trade cryptocurrencies with zero swap fees – this means there is no overnight fee to hold a position over to the next day. Introducing the cutting-edge ActivTrader platform – a harmonious blend of user-friendliness for novices and high-caliber functionalities for seasoned traders. Embark on a journey through the vast financial landscapes, unlocking access to an expansive array of 1000+ CFDs spanning 7 pivotal asset classes. Whether it’s FX, shares, indices, commodities, ETFs, or bonds, ActivTrader is your gateway to global market dominion.

The platform enables to trade of more markets like shares and ETFs, more than 450 CFDs on stocks with wide characteristics and availability to auto trade, with integrated trading statements. Based on our research, deposits or withdrawal requests on ActivTrades platforms can be done from an online Personal Area, which makes the process seamless and easy. The broker allows to choose major currency types like USD, GBP, and EUR, however, doesn’t support minor currencies. Educational articles cover everything from fundamentals like margin to specific trading strategies and trading psychology.

The protection ensures your risk of loss does not exceed the initial amount invested, meaning loss is limited solely to the margin required to open a position. The future of Forex EAs lies in the further integration of AI and machine learning technologies, activtrades forex broker enabling the creation of even more sophisticated and adaptive trading systems. These advancements could lead to EAs that better understand market sentiment, predict future movements with greater accuracy, and manage risks in more nuanced ways.

ActivTrades offers various account types for retail and corporate clients as well as Islamic accounts. Credt/debit card deposits are charged with a 0.5% fee https://forexbroker-listing.com/ in the UK and the European Economic Area (EEA) and 1.5% for non-EEA clients. The EEA includes EU countries as well as Iceland, Liechtenstein and Norway.

I found the spread for EUR/USD at ActivTrades averaged 0.95 pips, beating the 1.0 pip industry average for a commission-free account. The spread on Apple share CFDs averaged 0.04 points during the New York open which is also competitive. You can use the Swissquote MT4 and MT5 platforms for automated trading capabilities. You can trade cryptos with Exness from the MetaTrader 4 platform for Windows and Web. MAC users will need to find their own solution to run MT4 Windows on their computer, use the MT4 Web Trader, the Exness Trader App, or Exness Web Terminal.

One of its standout features is the additional private indemnity insurance with Lloyds of London from $10,000 to $1,000,000. Swissquote Group Holding SA is a Swiss bank leading the way in transparency and safety for brokers. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why. The successor to MT4, MetaTrader 5, ushers in advanced functionalities, making digital trading even more precise.

Errante was founded in 2019 and offers a great range of account types for all types of traders. Licensed by CySEC and the FSA of Seychelles, users have the ability to trade on forex, indices, commodities, cryptocurrencies, and shares from both the MetaTrader 4 and MetaTrader 5 trading platforms. MT4 can be used via Windows, Mac, Web Trader, or Android mobile apps. Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.

  1. There is also a large range of extra tools such as access to the Signal Centre for trading ideas, a VPS, futures, and options trading, and a comprehensive education section.
  2. The brokerage ensures client fund segregation, offers negative balance protection, and provides access to a compensation scheme alongside insurance coverage from Lloyd’s of London up to $1 million.
  3. Indeed the broker doesn’t guarantee a hundred percent success, however if you will learn and practice hard, then the posibility of going broke is tending to zero.
  4. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

It may be worthwhile checking if your chosen broker has its own proprietary mobile trading app on top of the MT4 mobile trading app as well, just in case one goes down. Trading with a broker with multiple types of trading platforms and proprietary apps will ensure zero downtime on your trading and have less of an impact if one platform has any issues. IG US offers 82 spot forex instruments, including major, minor, Australasian, Scandinavian, exotic, and emerging market currency pairs, which we rate as above average for the industry. If you are a US trader looking to try out the spot forex market, we recommend IG US as a strong choice.

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