Choosing the MetaTrader 4 brokers uk depends on your trading style, preferences and investment objectives. Whether you want to trade forex and CFDs on the MT4 platform or spread bet and invest in shares, commodities and indices via CFDs on MT5, you need a broker that offers the relevant markets, competitive account terms and reliable customer support.
To find the best MT4 broker for your needs, consider the following factors:
Regulation: It is important that the MT4 broker you choose is regulated by a reputable body like the FCA. This not only affirms the broker’s legitimacy, but it also protects your funds in the event of a dispute with the broker.
Minimum deposit: The minimum deposit requirement is an important factor to take into consideration when selecting an MT4 broker. Ideally, you should look for a broker with a low minimum deposit that is compatible with your trading style and budget.
Platform: Look for a broker that offers the MT4 trading platform, a renowned tool in the forex industry developed by MetaQuotes Software Corp in 2005. The MT4 platform provides advanced charts, 30+ technical indicators, customisable settings, and automation capabilities using the proprietary MQL4 programming language. It is accessible on desktop, web and mobile devices, and caters to traders and brokers of all experience levels.
Pepperstone is a well-rounded MT4 broker for UK traders, offering a respectable selection of 62 forex pairs, along with three energy commodities, four metals, 23 ETFs and shares. They provide a Windows downloadable MT4 and a WebTrader, alongside an array of tools and resources to empower novice and experienced traders alike.