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Best MetaTrader Brokers for 2023
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MetaTrader 4 Brokers List
What is an MT4 broker?
Is MetaTrader 4 a broker?
Do I need a broker for MetaTrader 4?
How do I set up a broker on MetaTrader 4?
MetaTrader Platforms Comparison
Who created MetaTrader?
How many MT4 brokers are there?
Is MetaTrader safe?
What is the difference between MT4 and MT5?
Does MetaTrader 4 cost money?
Does MetaTrader 4 take a commission?
How do you deposit and withdraw money from MT4?
What is the best broker for MetaTrader 5?
What are the top MetaTrader 5 brokers?
MetaTrader charts
Does MetaTrader support copy trading?
Does MetaTrader support automated trading systems?
Does MetaTrader support developers?
Does MetaTrader support backtesting?
What are the risks of backtesting?
Is automated trading with MetaTrader risky?
Who is the best broker for MT4?
Is MetaTrader 4 only for trading forex?
What are “Expert Advisors” in MetaTrader?
Final thoughts
When selecting a MetaTrader broker, traders should consider the trustworthiness of the broker (where and how it is regulated), the number of tradeable securities offered, pricing, customer service quality, and any available add-ons offered beyond the default MetaTrader experience.
All in all, MetaQuotes has proven itself to be a trusted leader in developing forex and multi-asset trading platforms for online forex brokers and retail traders globally.
To sign up for a live forex account or demo trading account with a MetaTrader broker that offers MT4 or MT5, see our list of reviewed brokers above to choose a broker that best suits your overall trading needs.
Summary
Here’s a summary of the best forex brokers for MetaTrader.
ForexBrokers.com 2023 Overall Rankings
Now that you’ve seen our picks for the best forex brokers for MetaTrader, check out the ForexBrokers.com Overall Rankings. We’ve evaluated over 60 forex brokers, using a testing methodology that’s based on 100+ data-driven variables and thousands of data points. Check out our full-length, in-depth forex broker reviews.
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Methodology
At ForexBrokers.com, our evaluations of online brokers and their products and services are based on our collected quantitative data as well as the qualitative observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the online forex brokerage industry, and we evaluate dozens of international regulator agencies (click here to learn about how we calculate Trust Score).
In order to assess the best brokers for traders looking to use the MetaTrader platform, we research and test each individual broker’s MetaTrader offering.
We examine a wide range of features and evaluate forex brokers based on our own data-driven MetaTrader-specific variables. We determine whether the broker offers the full platform suite offered by MetaQuotes Software Corp, and we look for a number of supplementary features that can distinguish MetaTrader broker offerings. Features that our researchers look for include custom Expert Advisors (Experts), the availability of the signals market, the ability to use VPN, number of account types and execution methods, among a host of other data-driven variables.
Browser-based MetaTrader platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running macOS 12.5 to test MetaTrader on the go. We also test MetaTrader on mobile devices; for Apple, we test using the iPhone XS running iOS 15, and for Android, we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 12.
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Read our Generative AI policy to learn more.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.
About the Editorial Team
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