Top Rated MT4 Forex Brokers Reviews - 2017

One of the most important features of a Forex broker is its trading platforms. Most Forex brokers offer the ever popular MetaTrader4 platform, many in addition to other available trading platforms. MetaTrader 4, also referred to as MT4, was developed by MetaQuotes Software and released in 2005. MT4 is an electronic trading platform used widely by online retail foreign exchange speculative traders

The MT4 platform has adapted itself over the years to meet the needs of MT4 Forex brokers and their clientele. Additional features have been added to ease the trading process and traders of all levels find the MT4 platform user-friendly and simple to understand. Before choosing a broker, it is important to look into the platforms offered. We have made your choice easier by listing the top MT4 Forex brokers. All of them have been tested and reviewed by our Daily Forex team and we present them below so you can make an educated and informed decision.

Broker's Name Minimum Deposit Deposit Bonus Type of Platform Maximum Leverage Regulation Rating More Info
Markets $100 None MetaTrader 4, Proprietary platform 1:50 ?
Default leverage of 1:50. T&Cs apply
CySEC, FSB

9.7/10
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eToro $50 Up To $1000 Web-based, Other 1:400 CySEC, MiFID, FCA, CFTC, NFA, ASIC

9.6/10
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AvaTrade $100 Up To $5000 MetaTrader 4, Proprietary platform, Web-based 1:400 MiFID, ASIC, Central Bank of Ireland, FSC, BVIFSC

9.5/10
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4 FXCM $50 ?
Standard: $2000, Mini: $50
None MetaTrader 4, Proprietary platform, Web-based 1:50 FCA, NFA, ASIC Accepts US clients
Accepts US clients

9.2/10
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5 Trade.com $100 Up to $2000 MetaTrader 4, Proprietary platform 1:200 CySEC

9.0/10
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MT4 Forex Brokers Reviews

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Markets.com is operated by Safecap Investments Limited, a Financial Services Company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 092/08 and by the Financial Services Board (FSB) in South Africa as an authorized Financial Services Provider under the no. 43906. Markets.com was the recipient of the London Investor Show Forex “Best Customer Service 2012” award, and the Global Banking Finance Review “Best Broker in Customer Service Europe 2012” award, in addition to numerous other awards over the past years.

Markets Review
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eToro, founded in 2007 and domiciled in Limassol, Cyprus, is a leading social site on the global scene with 5,000,000 traders. It is regulated by NFA, CySEC, ASIC, CFTC, MiFID, FCA and has been the recipient of several awards. eToro is certainly one of the best choices for anyone looking for more interaction with other currency traders and who are interested in studying how other people invest. The social trading platform provides a good testing ground for beginners and allows professional level trading for experienced investors.

eToro Review
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AvaTrade is among the top Forex brokers in the world with offices in New York, Dublin, Sydney, Milan, Tokyo and other locations. It is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union as well as by several other licensing bodies. AvaTrade’s features include, among other things, a choice of platforms, a demo account, an Ava debit card for all live account holders, access to Trading Central charting tools for depositors of over $1000 and free withdrawals.

AvaTrade Review
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FXCM Holdings, LLC has been listed as one of the fastest growing companies by Inc. 500 List of America Fastest Growing Companies three years in a row (2004-2006). FXCM Holdings, LLC is headquartered in New York, with offices around the world including U.K., Japan, Hong Kong, France, Italy, and Australia, and is regulated and licensed in each of them. FXCM has over 165,000 tradable accounts on its platforms and a monthly average of over $250 billion in trade volume. See review of FXCM at DailyForex.com.

FXCM Review
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Trade.com is a Forex and CFD broker that provides trading solutions to a global clientele. Trade.com is operated by LeadCapital Markets, an investment company authorized and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license number 227/14. It is also under the Markets in Financial Instruments Directive (MiFID), and is registered with licensing bodies throughout the EEA.

Trade.com Review