- IG - Best forex broker overall, most trusted.
- Saxo Bank - Best for research.
- CMC Markets - Best web platform, most currency pairs.
- Interactive Brokers - Great for professionals and institutions.
- TD Ameritrade FX - Excellent trading platform, US only.
- City Index - Great all-round offering.
Which broker is best for MT4 in India?
- IG - Best overall broker 2021, most trusted.
- Saxo Bank - Best for research, trusted global brand.
- Interactive Brokers - Great for professionals and institutions.
- FOREX.com - Great all-round offering.
- AvaTrade - Multiple trading platform options.
- Admiral Markets - 4.0 Stars.
- Capital.com - 4.5 Stars.
Is MetaTrader 4 or 5 better?
MetaTrader 5 is a widely used trading platform for Forex and especially CFDs. It is more powerful than the MetaTrader 4 platform, offering enhanced social and copy trading features, as well as better back testing and analytical functionalities.Sep 26, 2021
Can you trade on MetaTrader 4 without a broker?
You cannot get access to the trading terminal on forex without broker. A broker usually buys a costly license to get the right to use a MetaTrader and pays monthly fees for it.Oct 27, 2020
Is metatrader4 a broker?
Is MetaTrader 4 a broker? No. MetaTrader 4 is a third-party trading platform that connects to a broker for forex trading. MetaTrader 4 is the most popular third-party platform for trading forex.Dec 6, 2021
Can forex brokers manipulate?
There are several other factors that determine the tensions in the forex market. The answer to that question is yes. A broker can manipulate the market. A broker can artificially inflate or deflate the market prices of securities.
Can you trade directly from MT4?
The simplest way to open a trade in MetaTrader 4 is to use the 'Order' window and then place an instant order on the market. Select the currency pair of your choice by clicking on the 'Window' tab at the top of the MT4 platform, and then select 'New Window'.May 10, 2021
Why can't I place a trade on MT4?
If you have connected your live IG account to MetaTrader 4 (MT4) and are experiencing issues submitting forex orders from the MT4 desktop or mobile app, make sure that the currency pairs you are trading are named in this format: EURUSD. ... FX. You will only be able to trade pairs that end is '. FX'.