12 Best MetaTrader 4 MT4 Brokers for 2024

ActivTrades orchestrates seamless financial transactions, ensuring traders have an uncomplicated experience. Information regarding overnight funding fees and guaranteed stop order fees may be subjected to specific account types and should be confirmed directly with ActivTrades. ActivTrades does not charge an account maintenance fee, ensuring traders can manage their portfolios without unnecessary costs. ActivTrades is equipped to serve traders with its varied tradable instruments, aligning with both traditional and modern market trends. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

1. The spread on the EUR/USD pair is 0.72 pips, which is the smallest available.
2. Positions are just as easy to close as they are to open and can be done in a couple of clicks on the ActivTrader platform.
3. In addition to trading on forex, indices and shares, MT5 provides access to ETFs and over 500 CFDs.
4. OANDA clients can also access an MT4 premium upgrade which adds 28 more indicators including additional order types, alert managers, and other automated trading capabilities.

Account Minimum

ActivTrades also offer the MT5 platform, suited to more experienced investors. In addition to trading on forex, indices and shares, MT5 provides access to ETFs and over 500 CFDs. You can download MT5 to your desktop, use the WebTrader, or trade from your mobile. ActivTrades is a UK-headquartered CFD and forex broker established in 2001. The brokerage is heavily regulated with licenses from the FCA, SCB, CSSF, BACEN & CVM and CMVM. ActivTraders also offers a selection of leading trading platforms, including MT4, MT5, TradingView and ActivTrader platforms.

Does ActivTrades host any offline educational events?

The platform also has trend exploration tools that grant users a lens to discern emerging market trajectories and understand the overall market direction. ActivTrades welcomes traders with a $0 minimum deposit requirement, offering accessibility to numerous market participants. Moreover, ActivTrades prioritizes clients’ fund security by maintaining segregated accounts, ensuring they are separate from the company’s operational funds. For those seeking an added service, managed accounts are also part of the broker’s bouquet. However, traders should know that ActivTrades currently does not accommodate US traders. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Desktop platform

Positions can be opened and closed in seconds and there is a decent level of account management and analysis supported. On the website you will find a vast range of educational trading videos suitable for all types of traders from the new to the more experienced. Important topics covered include how to use the trading platforms and trading tools. Videos are well presented and annotated, making them easy to understand. MT4 is one of the most popular trading platforms and is often the preferred platform of choice for forex and CFD traders of all experience levels. As a client of ActivTrades, you can get a full trading package under one roof.

ActivTrades Desktop or/and Web Platforms

If you are focused on algorithmic trading then look for a broker that provides access to an MT4 VPS service as this won’t be available from the web platform. 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. US traders can trade on 70 currency pairs as well as 10 cryptocurrencies with pricing from Paxos’s itBit exchange. 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.

A commission of $0.02 per share for US share CFDs is in line with the industry average. A $1 minimum commission applies which is better than some other brokers who may charge a $10 minimum. European share CFDs incur a 0.05% commission of the total transaction value which is also very competitive. https://forexbroker-listing.com/ 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.

ActivTrades Leverage and Margin

IG US offers its proprietary platform which is available on web and mobile. We rated both versions as among the best in the industry, with powerful features like sentiment data from its large client base. Traders looking for advanced features like automated trading and Depth of Market (DOM) also have access to MetaTrader 4. JustMarkets was founded in 2012 and has become well-known for its quality of customer support. From our analysis, you can trade on 35 currency pairs, 150 shares, 10 indices, 3 energies, and 30 cryptocurrencies.

For this ActivTrades review, we opened a live account and deposited over €5,000. Investing.co.uk has been helping British traders find the right broker for over 20 years. This means that, should the funds in your account fail to meet the margin requirements, your positions will be automatically closed. Additionally, all account representatives are trained and encouraged to take an exam. While a UK phone number is not available, there is an English support desk. Educational videos on how to navigate the MetaTrader platforms are also on offer, as are manuals for those that prefer learning by reading.

ActivTrades Corp is regulated by the Securities Commission of the Bahamas and is a subsidiary of ActivTrades PLC which is regulated and authorized by the Financial Conduct Authority (FCA). Under this regulation, the company must follow a pillar 1, 2 and 3 system in order to secure clients’ funds. As such, ActivTrades has a robust Internal Capital Adequacy Assessment Process (ICAAP). You can earn cashback on every trade you place once you reach $50m notional value traded. While a good promotion, the volume requirements in the promotional terms and conditions are high.

This robust security architecture underscores ActivTrade’s commitment to delivering a secure and dependable trading environment for its traders. ActivTrades prioritizes the security of its customers’ assets and information through a diversified strategy. The broker offers up to $1 million in Safety Net Insurance, which safeguards customer cash. ActivTrades prioritizes safe trading environments and offers proprietary platforms like ActivTrader and MetaTrader 4 and 5. ActivTrades, a UK-based brokerage firm, specializes in online Forex trading, CFDs, and spread betting.

In the realm of commodities, traders can access and invest in various products, including metals and energies, to diversify their portfolios. The products and services available to you at FOREX.com will depend on your location, and on which of its regulated entities holds your account. For example, while CFDs are not available in the U.S. due to regulatory issues, FOREX.com offers an impressive selection of over 4,500 CFDs for traders living outside of the U.S. FOREX.com offers CFDs for commodities and metals, though spot metals (like gold and silver) are unavailable to traders in the U.S. Also, knock-out options are now available at FOREX.com in Japan, Singapore, and Australia. While MT4 is the go-to platform for forex traders, the mobile app has been removed from iOS devices.

IG US launched in 2019, providing traders with access to the spot forex market with leverage and tight spreads. The brokerage giant has almost 50 years of experience and over 300,000 clients across five continents. IG US earned a strong trust ranking from FXEmpire in light of being regulated by the NFA and CFTC, its lengthy operating history, financial stability, and transparency. Beginners can trade from the MetaTrader 4 platform from seven different account types suitable for beginners which include fixed spread and commission-free trading accounts. Beginners can also access a free demo trading to practice in a virtual environment risk-free.

Swaps represent the fees charged (or credit earned) for holding a position overnight. During the process of building this infrastructure it allowed no single gaffe.Everything’s so sleek and smooth. Registration activtrades forex broker process is very speedy, you just fill in demanded information, then verify your identity and here you go. Platforms are modern and performant, so don’t even think of freezes or slippages.

For those with an eye on the future, the broker provides opportunities to delve into cryptocurrency trading, embracing the evolution of digital currencies. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69%-77.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The more than 250 data checkpoints over each of these categories are also measured side by side against other brokers.

Keeping in line with the monetary principles of Sharia law, this account type is essentially the same as a standard checking account. However, it doesn’t involve any additional fees or interest on overnight positions. Clients can trade their preferred tradable instruments without compromising their religious beliefs. These tools empower clients to do in-depth technical analysis and make informed trading decisions. The rich charting feature accompanies 80+ technical indicators and 40+ drawing tools. Clients whose brokerage accounts have been dormant for a predetermined time are subject to an inactivity fee.

As the saying goes, ‘You get what you pay for’ and this applies in the case of ActivTrades. Fees are not the lowest available, but the company has invested in providing reliable customer support, a unique proprietary platform, and high-quality research and educational materials. ActivTrades offers demo accounts for ActivTrader, MetaTrader 4, and MetaTrader 5 platforms. Again, this is a good range of available methods and processing times for withdrawals are faster than average for the industry.

ActivTrades minimum deposit requirement is 500$, which allows you to start live trading immediately. Recently, ActivTrades serves also an office in Dubai to cover Middle East trading needs. It is a reputable and regulated brokerage firm with years of experience in the industry. In addition to FCA regulation, ActivTrades is also regulated by the Securities Commission of The Bahamas, with license number SIA F217. This enables the company to offer its services to clients in other countries. ActivTrades has built a reputation for providing excellent customer service, as evidenced by a Trustpilot score of 4.4 out of 5 based on over 600 reviews.