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What makes a good MT4 broker????

Jul 30, 2010 at 10:56
1,308 Angesehen
18 Replies
Mitglied seit Jul 30, 2010   1 Posts
Jul 30, 2010 at 10:56
What makes a good MT4 broker. I am thinking of opening a live account with my current broker but wanted to know what people out there think makes a good MT4 broker. Obviously they are all similar but what makes one stand out??? I dont mind changing brokers or opening another account if it is worth it.

Any ideas wha tto look for???
Nothing pisses me off more than losses
Mitglied seit Oct 24, 2010   1 Posts
Oct 24, 2010 at 14:47
hello Farhan,

i can recommand you Instaforex is you wish to open a new account.
I trade with them and i have my partners trading and manging accounts with them.
They will offer you 30% bonus deposit and if you are looking for managed account i can also help you with this matter.
The quality of an MT4 broker will depend on the execution and liquidity and price feed and i think Instaforex is doing fine so far.
Just let me know if you want me to help you open an account.
Mitglied seit Sep 04, 2010   14 Posts
Sep 01, 2011 at 09:57
Look for ECN accounts. Small spreads and execution rate. I am not a huge fan of metatrader and believe you have a faster execution through platform that was made by the broker itself.(IF THEY ARE ECN) But fxprofits33 is correct Instaforex are making a good name lately. Good luck on your search.
Mitglied seit Jan 14, 2010   556 Posts
Sep 01, 2011 at 10:09
There are several factors. Although spreads and execution are important, you also have the customer service factor and the broker's reputation. Just google for reviews of the broker in question, and if you find something you don't like, move along - there are so many broker to choose from so you will definitely find one which suits you.
Mitglied seit Aug 17, 2021   94 Posts
Oct 22, 2021 at 17:54
Look at commissions on the investments you'll use most.
Look for brokers with a track record of reliability.
Pay attention to account minimums.
Watch out for account fees.
Look at the pricing and execution fine print.
Consider tools, education and features.
Karlos Fandango (Smith2525)
Mitglied seit Mar 15, 2019   82 Posts
Oct 24, 2021 at 23:47
I guess that depends on what you are looking for from your broker.....
It's not a one answer suits all type of thing...
Give us some criteria to work with
All or nothing
Mitglied seit Mar 17, 2021   536 Posts
Nov 06, 2021 at 18:15
Smith2525 posted:
I guess that depends on what you are looking for from your broker.....
It's not a one answer suits all type of thing...
Give us some criteria to work with
A broker is the most important thing in this market.
Mitglied seit Jul 23, 2020   869 Posts
Nov 08, 2021 at 16:15
The broker who provides fast execution and a better trading platform is best.
Mitglied seit Jul 23, 2020   759 Posts
Nov 09, 2021 at 17:37
Always test your broker in the demo account first. Don’t invest a high amount at first. Take some time.
Mitglied seit Jul 19, 2020   751 Posts
Dec 31, 2021 at 22:53
MT4 is better than any trading platform because it contains all kinds of trading instruments with essential terms and conditions. So the newcomers should take this trading platform for acquiring proper basic fundamental trading knowledge.
Mitglied seit Apr 18, 2020   54 Posts
Jan 07, 2022 at 05:15
According to me, what makes a good mt4 broker can be good execution speed, low spreads and minimal slippage. There are number of brokers providing MT4 platform along with good execution like fxview, pepperstone and hotforex.
Fearlesswalker (Fearlesswalker)
Mitglied seit Jul 26, 2019   31 Posts
Jan 12, 2022 at 08:56
Actually, the amount of interesting add-ons to MT4 makes the broker unique. All the broker offer unique conditions on trading with using terminals like MT4 or MT5. That's why it's very important to choose a broker, where conditions will be the most suitable for your trading style and temper.
Some of the brokers offer exclusive assets which are available only in MT4 terminal from this broker. So, there are plenty of peculiarities and as a rule brokers always highlight the conditions, because as I said they're unique, at least they got used to be unique. So, be attentive and never regret the time on searching for a broker.
Mitglied seit Nov 23, 2021   34 Posts
Feb 09, 2022 at 04:33
As a scalper fast order execution is important for me. Mt4 on finprotrading has been my go to.
Seb King (sebking1986)
Mitglied seit Apr 09, 2019   538 Posts
Feb 10, 2022 at 10:56
The best balance of low spreads, low fees, slippage and execution speeds.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Feb 12, 2019   105 Posts
Feb 28, 2022 at 21:04
Spreads fees commissions as low as possible and reliablity access to markets you want goid customers support also
HeavenLeighGill (HeavLeighGill26)
Mitglied seit Aug 05, 2021   401 Posts
Mar 01, 2022 at 17:17
Personally, I look for low costs and want to have access to multiple assets, including an impressive listing of cryptocurrencies.
Mitglied seit Dec 21, 2020   36 Posts
Mar 03, 2022 at 11:41
First off, MT4 is almost every trader’s choice because of its simplicity to use. Plus, with a reputed broker offering a good platform, you get to have a good execution speed, no delay or requotes issues in your trading. For me, I myself have been using MT4 with fxview for almost 2 years and all's well.
Mitglied seit Nov 02, 2021   73 Posts
Mar 07, 2022 at 12:42
Low spreads, faster execution and easy payouts are the things that I consider while choosing a Mt4 broker and I find Coinexx reliable in this regard.
Mitglied seit Mar 07, 2022   10 Posts
Mar 07, 2022 at 13:10
Most important thing is that it is regulated in US, Australia, UK or EU. Other than that they are all the same
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