Established in 2001, is a trading name of GAIN Capital Holdings, an entity that NASDAQ-listed StoneX Group gained in February 2020. This broker is among our best metatrader broker that offers online trading services to US residents for its excellent range of tradable assets on the MetaTrader 4 platform. Above-average execution speeds and an impressive array of extras and premium features for MT4 users make OANDA the logical choice for US forex traders committed to the MetaTrader family of platforms.

Although decisively slower than other types of market orders, request order offers traders certainty in the price that they will get. The MT4 trading platform is able to support both pending orders and market orders. When a trader sets a trade with a pending order, this means that the trade will only be executed when the price of the instrument reaches a specific level. The signals market available on the MQL5 Community enables users to copy the live trades of approved signal providers.

Essentially, when you buy foreign currency, you are buying “pips” of foreign currency. If you imagine a currency like the French franc, that currency has a physical component. MetaTrader is an application that facilitates the trade of foreign currency. When things go especially wrong or especially right in the world, the currency of a given country is one of the first places you will see its effect.

It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in the forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.

FP Markets is an Australian broker with ASIC regulation with the trading conditions derived from an ECN pricing model. With a minimum deposit of 100 GBP, traders get access to spreads as low as 0.0 pips on the EUR/USD and trading fast execution speeds. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.

The company is licensed to provide financial services by Switzerland’s main regulatory body, ensuring very high protection. Another major advantage of working with FlowBank is the more than 50,000 instruments made available to traders and investors. Additional benefits include its excellent custom-built platform and its comprehensive research materials. The popularity of the MT4 trading platform can be attributed to a few causes. First of all, it is the first mainstream trading platform to come with an in-built scripting language, called the MQL4.

Dealing with Black Bull Markets is great if you are showing up with a lot of money, but it is definitely not a good starting point for new traders. If you are looking to invest anything shy of £2000, then they will give you very few tools to make a profit. The big difference between their commission fees and other brokers’ commission fees is that they do not charge you for succeeding at trading.

Access all of the benefits and features of the MT4 broker platform for desktop to install technical indicators, web, and via its mobile app. Customer support is offered in more than 14 different languages Monday to Friday via Live Chat, Phone, and Email. Users can also access all the range of features trading with a MetaTrader 4 broker such as access to the MetaTrader Market place and Signals service. Traders can also access a variety of educational and research tools which includes videos, articles, and a blog.

Some of them are only listed by CityIndex and only tradable for these currencies! Since copy trading has become so popular, brokers like IC Markets have popped up to support the strategy. When you are trading foreign currency, you are probably not doing it just for fun.

This type of trading account is completely Shariah-compliant and offers some of the best trading conditions with the lowest costs for trading that you’ll find anywhere in the industry. The management services that Saxo offers are generally regarded as highly reliable, trustworthy, and skilled. It is important to point this out, as it is the main concern people have with having your account managed by a broker like this.

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