MT4 & MT5 Brokers
Here is a line up of forex brokers that provide Metatrader 4, also known as MT4. Some may soon be offering Metatrader 5 (MT5). For more info about the different types of brokers, scroll down past the list of brokers.
Broker |
Country / Info |
Hedging? |
|---|---|---|
Cyprus |
||
Minimum deposit $1, 500:1 leverage, spreads are variable Type of Broker: market maker & STP/ECN (over $1000) |
Y |
|
Minimum deposit $500, 500:1 leverage, spreads are variable Type of Broker: market maker |
Y |
|
Switzerland |
||
Minimum deposit $500, 500:1 leverage, spreads are fixed Type of Broker: STP (NDD) |
Y |
|
United Kingdom |
||
Minimum deposit €250, 400:1 leverage, fixed & variable spreads Type of Broker: market maker & STP |
Y |
|
Minimum deposit $200, 500:1 leverage, spreads are variable Type of Broker: market maker & ECN/STP |
Y |
|
Minimum deposit $2000, 200:1 leverage, variable spreads Type of Broker: STP (NDD) |
Y |
|
USA |
||
Minimum deposit $250, 200:1 leverage, fixed & variable spreads Type of Broker: market maker |
N |
|
Minimum deposit $250, 100:1 leverage, fixed spreads, Type of Broker: market maker |
N |
|
Minimum deposit $1, 400:1 leverage, spreads are variable Type of Broker: STP & market maker |
N |
|
Minimum deposit $400, 100:1 leverage, variable spreads Type of Broker: ECN/STP |
N |
|
Minimum deposit $1000, 100:1 leverage, spreads are variable Type of Broker: ECN/STP |
N |
|
Dealing Desk (DD): Forex brokers that operate (route orders) through the Dealing Desk and quote fixed spreads.
No Dealing Desk (NDD): NDD Forex brokers use the interbank market to pass orders through thus bypassing and not using a dealing desk.
Straight Through Processing (STP): STP Forex brokers send orders directly from clients to the liquidity providers - banks, which trade on the Intebank.
Electronic Communications Network (ECN): ECN Forex brokers lets their clients' orders interact with other clients' orders.
