MetaTrader 4 is the most popular trading software in the FX trading industry. It has been the industry’s standard for many years. Charting, technical analysis, news and so much more… This is a truly powerful software. Almost very single broker out there uses MT4 to let traders access Forex.
However, the thing is that not all of those brokers are worth trusting. Truly reputable and decent FX brokers are actually scanty and outnumbered by mediocre and fake brokers. This is why it is crucial to know what companies to choose from. This holds especially fro everyone - from rookies who are just making their feed wet in FX trading to really pros with many years of expertise.
Choosing a reliable and reputable FX broker is indeed a crucial decision to make since it is the broker you trade with that determines the trading conditions as well as your overall comfort and performance. No trader can do without a reliable broker. And no trader can eventually succeed in FX trading with a scam or fake broker since the ultimate goal is to withdraw the profits and enjoy them by spending them.
All of us are individuals with our own, goals, ambitions, views etc. That is why it is hard to create a common pattern for choosing the optimal broker. While some of you may need tight spreads as intraday intensive traders, others mid-term and long-term traders may seek swap-free accounts to trade on. Maybe some of you prefer automated trading and are looing fro the best conditions for your trading robots.
Anyway, regardless of your preferences, there are certain factors that are absolutely necessary to take into account. Security, reliability, transparency, efficiency and decent trading conditions are only some of them. That is why Masterforex-V EXPO offers a whole lot of FX ratings in various aspects to help you more flexible in making your decision regarding your future FX broker.
It should be noted that decent trading software is one of the key factors to consider when choosing an FX broker to go with. Therefore, this time we are going to look at the list of the industry’s best FX brokers offering the MT4 platform as the key trading software.
As of the latest rating (August 2015), it looks as follows:
The TOP3 is occupied by:
- PriorFX, which is licensed by the CYSEC and FCA and is subject to MiFID.
- FxPro, a true heavyweight in the FX industry working with big-scale institutional clients and liquidity providers - Morgan Stanley, Goldman Sachs, JPMorgan, UBS, Deutsche Bank, RBS, BNP Paribas, Bank of America Merril Lynch, Commerzbank, Citibank;
- EXNESS, which got a license from on MetaTrader 4 by MetaQuotes Software Corp in 2008.
These are followed by:
- RoboForex
- InstaForex
- Forex4you
- FXOpen
- AMarkets
- MAXiFOREX
- Alpari Limited
- OANDA
- Dukascopy Bank SA
- FIBO Group
- ActivTrades
- Windsor Brokers
- Admiral Markets
The bottom line is that all those ratings by Masterforex-V Expo are the ultimate tools for choosing the most suitable Forex broker for all of you out there. The ratings are constantly updated and improved to become more reliable (at the expense of new criteria).
If you need some further assistance, you can contact Eugene Olkhovsky (Canada), Masterforex-V Academy’s leading expert in financial markets and President of EUTA Capital. If you need assistance or want to report some complaints or any feedback regarding a certain FX broker, please contact us via email: canada@masterforex-v.org
