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Best MT4 Forex Brokers

Here is our list of top brokers offering trading on the MT4 platform.

Broker

Features

Broker Review

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* 1:1000 leverage

* 1200+ instruments

* $50 min. deposit

* Tight spreads

* 1:1000 leverage

* 210+ instruments

* $100 min. deposit

* Free education

* 1:500 leverage
* 200+ Instruments
* Free trading tools

* 1:500 leverage

* 100+ instruments

* Free education

* 1:1000 leverage

* 950+ instruments

* Copy trading

* Low deposit
* 1:500 leverage
* Great bonuses

* 1:1000 leverage
* 100+ Instruments
* Free education

* 1:500 leverage
* Crypto trading

* $100 min. deposit
* Welcomes EA & HFT

FPMarkets

* 1:500 leverage

* 10,000+ instruments

* $100 min. deposit

* Ultra low latency

* 1:500 leverage

* 800+ instruments

* $10 min. deposit

* African broker

*1:500 leverage
 *Low spreads
* Fast withdrawals

* 1:500 leverage

* 390 instruments

* $10 min. deposit

* Great support

* 1:400 leverage
* 200+ instruments
* $5 min. deposit

* 1:500 leverage

* $100 min. deposit

* STP broker

* Great support

*Cryptotrading
*1:500 Leverage

* $100 min. deposit
* Great support

* 1:500 leverage

* $1 min. deposit
* Crypto deposits
* Fast registration

* 1:500 leverage

* 300+ instruments

* $50 min. deposit

* Great education

* 1:1000 leverage

* 950+ instruments


* $250 min. deposit

* Copy trading

* 1:500 leverage

* 1000+ instruments

* $200 min. deposit

* Crypto CFD trading

* 1:1000 leverage

* 130+ instruments

* $5 min. deposit

* Raw spreads

* 1:3000 leverage

* 230+ instruments

* $100 min. deposit

* Great bonuses

* 1:500 leverage

* 80+ instruments

* $200 min. deposit

* Excellent support

What is MT4?

MT4 is the MetaTrader4 trading platform. It was first launched in 2005 by a Cypriot company called MetaQuotes. You can use it to trade a wide range of instruments including indices, shares, commodities, precious metals, and cryptocurrencies. You can use it with many features including chart indicators, technical indicators, and trading robots, and customizable trading tools.

What is an MT4 Broker?

MT4 is one of the most popular trading platforms in the industry. It is offered by many reputable forex brokers, including the ones mentioned above. An MT4 broker can give you access to trade the forex market via the MT4 platform.

How To Choose The Best MT4 Broker

If you’re new to trading, it can be hard to know which forex brokers in Nigeria have the best trading conditions and which can offer you the best trading platforms. When you visit a forex broker’s website, you will be able to see whether or not they offer MT4. However, you might not be able to tell which MT4 broker offers the best service. Here are a few key things to look out for when choosing a broker:

  • Regulation – Check if the broker is licensed by a reputable regulatory body. It is important to check their current regulatory status and which countries they can legally operate in. Be sure to also check that they offer negative balance protection and a good level of client fund protection.
  • Trading Conditions – Check if they offer a good range of trading instruments. It is important to see if they have all the instruments you want such as forex, stocks, commodities, and cryptocurrencies. Try to also find out what trading conditions they offer including their leverage and spreads.
  • Minimum Deposits – Check their minimum funding requirements. It is important that you can afford their minimum deposits and that you only trade with money that you can afford to lose. Be sure to also check that they offer a good selection of payment methods and that you will be able to easily withdraw your money. .
  • Trading Support – Check that they can offer you the support you need to become a profitable forex trader. Many forex brokers offer free educational resources and free market analysis. Look for a forex broker that also offers access to trading tools such as calculators, economic calendars, EAs, and chart indicators.

To find out more about the best forex brokers in Nigeria, check out out forex broker reviews. To discover the latest forex broker news and promotions, read our blog.