Forex Trading Platforms

Metatrader 4 (MT4), Metatrader 5(MT5)

PlatformMetatrader 4Metatrader 5
Developer(s)MetaQuotes SoftwareMetaQuotes Software
Release20052010
Websitewww.metaquotes.netwww.metaquotes.net

Brokers that offer Metatrader 4

BrokerTypeMinimum depositMax leverageMinimal lotSpreadsLowest spreads EURUSD
XM(Visit)STP+DMA$55000.0001variable>1
Forex4you(Visit)STP+DMA & STP$15000.0001fixed & variable2 – Mini & Standard
>0.5 – 1 – Pro
FXOpen(Visit)ECN & MM$15000.01fixed & variable2
NordFX(Visit)ECN & STP$55000.01fixed & variable2 – Mini
>1 – 1.6 – Standard
>0 – ECN
HotForex(Visit)ECN & STP+DMA$55000.01variable>
0.8 – Micro & Standard
0.6 – Currenex
Easy-Forex(Visit)MM$252000.01fixed4 – Mini
3 – Standard
MFXBroker(Visit)ECN & MM$15000.01fixed & variable2 – Regular
>0.1 – ECN
FBS(Visit)STP+DMA & MM$55000.01fixed & variable2 – Mini-
1 – 2 – Standard
RoboForex(Visit)ECN & STP+DMA & MM$105000.01fixed & variable2 – Mini
0.4 – 0.9 – Standard
0.1 – 0.7 – ECN
IronFX(Visit)STP+DMA, STP & MM$5005000.01variable>
0.8 – Mini
0.7 – Standard
InstaForex(Visit)STP$110000.01fixed3
EXNESS(Visit)ECN & MM$120000.01variable0.7 – Mini-
0.4 – Standard
AvaTrade(Visit)MM$1004000.05fixed3
Dukascopy (Suisse) SA(Visit)ECN$100 (EU subsidiary), $5000 (Swiss)1000.01variable>
0.5 – 1 – Mini-
0.5 – 1 – Standard
eToro(Visit)STP$504000.01fixed3
YouTradeFX(Visit)STP$1005000.01fixed4 – Mini
3 – Standard
Forex Club(Visit)STP & MM$250500.01fixed & variable0.6 – ActTrader (variable)
0 – ExpressFX (fixed)
HY Markets(Visit)MM$503000.02fixed5 – Mini
4 – Standard
Admiral Markets(Visit)ECN & MM$15000.01fixed & variable1
Gallant Capital Markets (GCMFX)(Visit)ECN & STP+DMA$1004000.01variable>
1.5 – Mini
1 – Standard
0.2 – ECN
Pepperstone(Visit)ECN & STP+DMA$2004000.01variable>0.5 – Mini & Standard
>0.1 – ECN
AGEA(Visit)MM$11000.001 or lessvariable2
IamFX(Visit)STP+DMA$1004000.01variable>0.1 – 1.5
Forex-Metal(Visit)MM$15000.01fixed1.8
AAAFx(Visit)STP+DMA$3002000.01variable>
1.5 – Mini & Standard
0.5 – Institutional
FXCC(Visit)STP & ECN$1005000.01variable>0.1
BMFN – Boston Merchant Financial(Visit)ECN & MM$2002000.1fixed & variable0.7
FXOptimax(Visit)STP+DMA & STP$105000.01fixed & variable1.8-2
FXCM(Visit)ECN & STP$254000.01variable>
1.5 – Mini
1 – Standard
FXDD(Visit)ECN & MM$2502000.01variable>2
OANDA(Visit)MM$1500.001variable>0.9
FOREX.com(Visit)MM$2502000.01variable>1 – 1.5
MB Trading(Visit)ECN$400500.01variable>0.1 – 0.8
London Capital Group (LCG)(Visit)ECN1001variable>1 or <1
Alpari(Visit)ECN & MM$2005000.01variable>
1.6 – Mini & Standard
0 – ECN
LiteForex(Visit)STP$105000.1fixed & variable0 – 3
Finexo(Visit)MM$1002000.01fixed5 – Mini
3 – Standard
Hantec Markets(Visit)ECN & STP$1,0002000.01variable>1.6
Valbury Capital(Visit)STPno1000.25variable>1.5 – 2.0
Abshire-Smith(Visit)STP & MM$5002000.1fixed & variable>1.4
Finotec(Visit)ECN & STP$2002000.1variable>0.7
GKFX(Visit)STP & MM$14000.1fixed & variable>1.5
ActivTrades(Visit)STP+DMA & MM€ 2504000.01fixed & variable2 – Standard
1.5 – Interbank
DF Markets(Visit)ECN & MM$12000.01fixed & variable2
One Financial Markets(Visit)ECN & STP & MM$2502000.01fixed & variable2 – Mini & Standard
0.2 – 0.8 – ECN
X-Trade Brokers (XTB)(Visit)MM€ 5001000.1fixed & variable1.6 – 2
IKON Global Markets(Visit)ECN & MM$1,000500.01variable>0.8 – 2
Traders Trust(Visit)STP$1005000.1variable>
1.8 – Mini
0.9 – 1.6 – Standard
CIM Bank(Visit)ECN & STP$5,0001000.1variable>
1 – 3 – Mini & Standard
0.7 – ECN
AxiTrader(Visit)STP+DMA$2002000.1variable>1.4
GO Markets(Visit)STP+DMA$15000.01variable>1.5
IC Markets(Visit)ECN & STP$1,0004000.01variable>0-1
Vantage FX(Visit)STP+DMA?3505000.01variable>0.5 – 2.3
Forex FS(Visit)STP+DMA$5001000.01variable>3
FXPRIMUS(Visit)ECN & STP$2505000.01fixed & variable>1
Swissquote Bank(Visit)STP$2,0001000.1fixed4 – Mini
1.5 – 2.8 – Standard
Profiforex(Visit)STP$15000.01fixed2
RFXT – Royal Forex Trading(Visit)ECN & STP$5004000.1fixed & variable>
0.3 – Mini
1.3 – 2 – Standard
0.3 – 1 – ECN
UpFX(Visit)STP+DMA & STP$2505000.01variable>
1.5 – Mini
1.2 – Standard
FX Choice(Visit)ECN & MM$102000.01fixed & variable>
1.5 – Mini
0.5-1.5 – Standard
0.1 – ECN
OctaFX(Visit)STP+DMA$55000.01variable>1.5
SmartTradeFX(Visit)ECN$1002000.01variable>0.9
Divisa Capital (DCFX)(Visit)ECN$2,5001000.1variable>0.3
ThinkForex(Visit)ECN & STP+DMA$5002000.01variable>1.5 – 2
Velocity Trade(Visit)STP+DMA$1,0001000.01variable>1.1
FxPro(Visit)ECN & MM$5005000.1variable0.8
FIBO Group(Visit)ECN & MM$3002000.01fixed & variable2
AFX Capital(Visit)ECN & STP+DMA & MM$2005000.01fixed & variable>
2 – Mini
1.6 – Standard (Classic)
0.7 – FAST
CitiFX Pro(Visit)ECN & MM$10 0001000.05fixed & variable1.6 – Mini-
1.2 – Standard
Varengold Bank FX(Visit)STP$2,5002000.1variable>1
Axiory(Visit)STP+DMA$5003000.01variable>1.9
Investorseurope(Visit)ECN & STP+DMA$2504000.1variable>0.5 – 1.1
Deltastock AD(Visit)ECN & MM$1002000.01fixed & variable2 – Regular
0.1 – (>) Level 2 trading
ACM Gold(Visit)STP & MM$2505000.01fixed3
Renesource Capital(Visit)ECN & STP+DMA$5001000.1variable>
1.2 – Mini
0 – Standard/ECN
Real-Forex(Visit)ECN & STP+DMA$2,0002000.1variable>
1.6 – 1.8 – Mini
1.2 – 1.4 – ECN
FinFx(Visit)ECN & STP+DMA$1503000.1fixed & variable3 – Mini
>1.8 – Standard
>0.2 – ECN
PaxForex(Visit)STP + MM$105000.01variable>
3 – Mini
1 – Standard
3TG FX(Visit)ECN & STP$5001000.01fixed & variable>0.3 – 0.7
AccentForex(Visit)STP & MM$105000.01fixed & variable>
2 – Micro
0.8 – Standard
Sunbird(Visit)ECN & STP+DMA$1001000.01variable>
0.7 – 1.7 – Mini & Standard
0 – 0.7 – ECN
Trader’s Way(Visit)ECN & STP & MM$0.205000.001fixed & variable>
2 – Mini
0.8 – Standard
0 – ECN

Brokers that offer Metatrader 5

BrokerTypeMinimum DepositMax leverageMinimal LotSpreadsLowest spreads EURUSDMT5
NordFX(Visit)ECN & STP$55000.01fixed & variable2 – Mini
>1 – 1.6 – Standard
>0 – ECN
live
RoboForex(Visit)ECN & STP+DMA & MM$105000.01fixed & variable2 – Mini
0.4 – 0.9 – Standard
0.1 – 0.7 – ECN
live
InstaForex(Visit)STP$110000.01fixed3live
EXNESS(Visit)ECN & MM$120000.01variable0.7 – Mini-
0.4 – Standard
Demo
Admiral Markets(Visit)ECN & MM$15000.01fixed & variable1live
Pepperstone(Visit)ECN & STP+DMA$2004000.01variable>0.5 – Mini & Standard
>0.1 – ECN
Demo
LiteForex(Visit)STP$105000.1fixed & variable0 – 3live
ActivTrades(Visit)STP+DMA & MM€ 2504000.01fixed & variable2 – Standard
1.5 – Interbank
Live
IC Markets(Visit)ECN & STP$1,0004000.01variable>0-1Demo
Vantage FX(Visit)STP+DMA?3505000.01variable>0.5 – 2.3live
Sunbird(Visit)ECN & STP+DMA$1001000.01variable>
0.7 – 1.7 – Mini & Standard
0 – 0.7 – ECN
Demo

MT4 ECN Forex brokers

MT4 ECN Bridge is technology allowing trader to access interbank foreign exchange market through MT4. To make MetaTrader4 support ECN (level 2) trading, Forex brokers needed to implement a MT4-to-ECN bridge to a true ECN platform.

MetaTrader 4 was designed for dealing desk brokers when created, but the popularity of MT4 meant that retail forex traders wanted to trade directly on the interbank forex market via MT4. In response some third party software companies developed STP bridging software to allow the MT4 server to pass orders placed by clients directly to an ECN and feed trade confirmations back automatically.

ECN means direct access to the market where you can trade with other traders. Your orders are actually displayed in the market and are seen by others, who in turn can introduce their own orders and if the prices match, a deal is complete.

 
BrokerTypeMinimum DepositMinimum Deposit(ECN)Max leverageMinimal LotLowest spreads EURUSD
NordFX(Visit)ECN & STP$5$1,0005000.012 – Mini
>1 – 1.6 – Standard
>0 – ECN
HotForex(Visit)ECN & STP+DMA$5$5005000.01>
0.8 – Micro & Standard
0.6 – Currenex
RoboForex(Visit)ECN & STP+DMA & MM$10$3005000.012 – Mini
0.4 – 0.9 – Standard
0.1 – 0.7 – ECN
EXNESS(Visit)ECN & MM$1$1,00020000.010.7 – Mini-
0.4 – Standard
Dukascopy (Suisse) SA(Visit)ECN$100 (EU subsidiary), $5000 (Swiss)$1001000.01>
0.5 – 1 – Mini-
0.5 – 1 – Standard
Gallant Capital Markets (GCMFX)(Visit)ECN & STP+DMA$100$50 0004000.01>
1.5 – Mini
1 – Standard
0.2 – ECN
Pepperstone(Visit)ECN & STP+DMA$200$2004000.01>0.5 – Mini & Standard
>0.1 – ECN
FXCC(Visit)STP & ECN$100$50 0005000.01>0.1
FXCM(Visit)ECN & STP$25$25 0004000.01>
1.5 – Mini
1 – Standard
FXOpen(Visit)ECN & MM$1$1,0005000.012
MB Trading(Visit)ECN$400$400500.01>0.1 – 0.8
IKON Global Markets(Visit)ECN & MM$1,000$1,500500.01>0.8 – 2
IC Markets(Visit)ECN & STP$1,000$10 0004000.01>0-1
FXPRIMUS(Visit)ECN & STP$250$1,0005000.01>1
FX Choice(Visit)ECN & MM$10$1,0002000.01>
1.5 – Mini
0.5-1.5 – Standard
0.1 – ECN
AFX Capital(Visit)ECN & STP+DMA & MM$200$10 0005000.01>
2 – Mini
1.6 – Standard (Classic)
0.7 – FAST
Renesource Capital(Visit)ECN & STP+DMA$500$1,0001000.1>
1.2 – Mini
0 – Standard/ECN
Real-Forex(Visit)ECN & STP+DMA$2,000$10 0002000.1>
1.6 – 1.8 – Mini
1.2 – 1.4 – ECN
Sunbird(Visit)ECN & STP+DMA$100$10 0001000.01>
0.7 – 1.7 – Mini & Standard
0 – 0.7 – ECN
Trader’s Way(Visit)ECN & STP & MM$0.20$1005000.001>
2 – Mini
0.8 – Standard
0 – ECN

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Forex brokers that offer ActTrader

ActTrader is another platform for algorithmic trading.Collection of indicators and robots for ACT trader: http://actforex.com/fxapps/

BrokerTypeMinimum DepositMax leverageMinimal LotSpreadsLowest spreads EURUSDTrading platformTrailing stopsOCO ordersOne click
AvaTrade(Visit)MM$1004000.05fixed3MT4 Desktop/Mobile/iPhone/iPad/iPod touch/Android/BlackBerry/Symbian, AvaTrader (ActTrader) iPhone/iPad/iPod touch/Android/Web/Java, Mirror Traderyesyesyes
Forex Club(Visit)STP & MM$250500.01fixed & variable0.6 – ActTrader (variable)
0 – ExpressFX (fixed)
MT4 Desktop/Mobile/Smartphone, ActTrader Desktop/Mobile/iPhone/iPad/iPod touch/Android/Web, ExpressFX, Rumus Desktop/Mobile/Smartphone/Web, Mirror Trader, Autochartistyesyesyes
FOREXYARD(Visit)ECN& MM$1002000.01fixed & variable3 – Mini & Standard
>0 – 1.5 – ECN
MT4 Desktop/Mobile/iPhone/iPad/iPod touch/Android/BlackBerry/Smartphone/Symbian, ActTrader, Web Trader, Currenex, MYFXyesyesyes
Markets.com(Visit)MM$1002000.01fixed & variable>2.2 – 3MT4 Desktop/Mobile/iPhone/iPad/iPod touch, MarketTrader (ActTrader), Web Traderyesyesyes

Forex brokers that offer CTrader

Key features of Ctrader Platform:

  • STP platform.
  • show DOM (Depth of Market)
  • click & drag & place your order directly from charts.

Forex brokers that offer CTrader:  IC Markets,  Pepperstone, roboforex,  Trader’s way

JForex Broker

JForex platform is recommended for manual and/or automated trading. It is designed for traders interested in automated trading and/or developing and testing trading strategies based on the JAVA programming language.
JForex Broker:   : Dukascopy SA(Visit)

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