Forex Trading Platforms

Metatrader 4 (MT4), Metatrader 5(MT5)

Platform Metatrader 4 Metatrader 5
Developer(s) MetaQuotes Software MetaQuotes Software
Release 2005 2010
Website www.metaquotes.net www.metaquotes.net

Brokers that offer Metatrader 4

Broker Type Minimum deposit Max leverage Minimal lot Spreads Lowest spreads EURUSD
XM(Visit) STP+DMA $5 500 0.0001 variable >1
Forex4you(Visit) STP+DMA & STP $1 500 0.0001 fixed & variable 2 – Mini & Standard
>0.5 – 1 – Pro
FXOpen(Visit) ECN & MM $1 500 0.01 fixed & variable 2
NordFX(Visit) ECN & STP $5 500 0.01 fixed & variable 2 – Mini
>1 – 1.6 – Standard
>0 – ECN
HotForex(Visit) ECN & STP+DMA $5 500 0.01 variable >
0.8 – Micro & Standard
0.6 – Currenex
Easy-Forex(Visit) MM $25 200 0.01 fixed 4 – Mini
3 – Standard
MFXBroker(Visit) ECN & MM $1 500 0.01 fixed & variable 2 – Regular
>0.1 – ECN
FBS(Visit) STP+DMA & MM $5 500 0.01 fixed & variable 2 – Mini-
1 – 2 – Standard
RoboForex(Visit) ECN & STP+DMA & MM $10 500 0.01 fixed & variable 2 – Mini
0.4 – 0.9 – Standard
0.1 – 0.7 – ECN
IronFX(Visit) STP+DMA, STP & MM $500 500 0.01 variable >
0.8 – Mini
0.7 – Standard
InstaForex(Visit) STP $1 1000 0.01 fixed 3
EXNESS(Visit) ECN & MM $1 2000 0.01 variable 0.7 – Mini-
0.4 – Standard
AvaTrade(Visit) MM $100 400 0.05 fixed 3
Dukascopy (Suisse) SA(Visit) ECN $100 (EU subsidiary), $5000 (Swiss) 100 0.01 variable >
0.5 – 1 – Mini-
0.5 – 1 – Standard
eToro(Visit) STP $50 400 0.01 fixed 3
YouTradeFX(Visit) STP $100 500 0.01 fixed 4 – Mini
3 – Standard
Forex Club(Visit) STP & MM $250 50 0.01 fixed & variable 0.6 – ActTrader (variable)
0 – ExpressFX (fixed)
HY Markets(Visit) MM $50 300 0.02 fixed 5 – Mini
4 – Standard
Admiral Markets(Visit) ECN & MM $1 500 0.01 fixed & variable 1
Gallant Capital Markets (GCMFX)(Visit) ECN & STP+DMA $100 400 0.01 variable >
1.5 – Mini
1 – Standard
0.2 – ECN
Pepperstone(Visit) ECN & STP+DMA $200 400 0.01 variable >0.5 – Mini & Standard
>0.1 – ECN
AGEA(Visit) MM $1 100 0.001 or less variable 2
IamFX(Visit) STP+DMA $100 400 0.01 variable >0.1 – 1.5
Forex-Metal(Visit) MM $1 500 0.01 fixed 1.8
AAAFx(Visit) STP+DMA $300 200 0.01 variable >
1.5 – Mini & Standard
0.5 – Institutional
FXCC(Visit) STP & ECN $100 500 0.01 variable >0.1
BMFN – Boston Merchant Financial(Visit) ECN & MM $200 200 0.1 fixed & variable 0.7
FXOptimax(Visit) STP+DMA & STP $10 500 0.01 fixed & variable 1.8-2
FXCM(Visit) ECN & STP $25 400 0.01 variable >
1.5 – Mini
1 – Standard
FXDD(Visit) ECN & MM $250 200 0.01 variable >2
OANDA(Visit) MM $1 50 0.001 variable >0.9
FOREX.com(Visit) MM $250 200 0.01 variable >1 – 1.5
MB Trading(Visit) ECN $400 50 0.01 variable >0.1 – 0.8
London Capital Group (LCG)(Visit) ECN 100 1 variable >1 or <1
Alpari(Visit) ECN & MM $200 500 0.01 variable >
1.6 – Mini & Standard
0 – ECN
LiteForex(Visit) STP $10 500 0.1 fixed & variable 0 – 3
Finexo(Visit) MM $100 200 0.01 fixed 5 – Mini
3 – Standard
Hantec Markets(Visit) ECN & STP $1,000 200 0.01 variable >1.6
Valbury Capital(Visit) STP no 100 0.25 variable >1.5 – 2.0
Abshire-Smith(Visit) STP & MM $500 200 0.1 fixed & variable >1.4
Finotec(Visit) ECN & STP $200 200 0.1 variable >0.7
GKFX(Visit) STP & MM $1 400 0.1 fixed & variable >1.5
ActivTrades(Visit) STP+DMA & MM € 250 400 0.01 fixed & variable 2 – Standard
1.5 – Interbank
DF Markets(Visit) ECN & MM $1 200 0.01 fixed & variable 2
One Financial Markets(Visit) ECN & STP & MM $250 200 0.01 fixed & variable 2 – Mini & Standard
0.2 – 0.8 – ECN
X-Trade Brokers (XTB)(Visit) MM € 500 100 0.1 fixed & variable 1.6 – 2
IKON Global Markets(Visit) ECN & MM $1,000 50 0.01 variable >0.8 – 2
Traders Trust(Visit) STP $100 500 0.1 variable >
1.8 – Mini
0.9 – 1.6 – Standard
CIM Bank(Visit) ECN & STP $5,000 100 0.1 variable >
1 – 3 – Mini & Standard
0.7 – ECN
AxiTrader(Visit) STP+DMA $200 200 0.1 variable >1.4
GO Markets(Visit) STP+DMA $1 500 0.01 variable >1.5
IC Markets(Visit) ECN & STP $1,000 400 0.01 variable >0-1
Vantage FX(Visit) STP+DMA ?350 500 0.01 variable >0.5 – 2.3
Forex FS(Visit) STP+DMA $500 100 0.01 variable >3
FXPRIMUS(Visit) ECN & STP $250 500 0.01 fixed & variable >1
Swissquote Bank(Visit) STP $2,000 100 0.1 fixed 4 – Mini
1.5 – 2.8 – Standard
Profiforex(Visit) STP $1 500 0.01 fixed 2
RFXT – Royal Forex Trading(Visit) ECN & STP $500 400 0.1 fixed & variable >
0.3 – Mini
1.3 – 2 – Standard
0.3 – 1 – ECN
UpFX(Visit) STP+DMA & STP $250 500 0.01 variable >
1.5 – Mini
1.2 – Standard
FX Choice(Visit) ECN & MM $10 200 0.01 fixed & variable >
1.5 – Mini
0.5-1.5 – Standard
0.1 – ECN
OctaFX(Visit) STP+DMA $5 500 0.01 variable >1.5
SmartTradeFX(Visit) ECN $100 200 0.01 variable >0.9
Divisa Capital (DCFX)(Visit) ECN $2,500 100 0.1 variable >0.3
ThinkForex(Visit) ECN & STP+DMA $500 200 0.01 variable >1.5 – 2
Velocity Trade(Visit) STP+DMA $1,000 100 0.01 variable >1.1
FxPro(Visit) ECN & MM $500 500 0.1 variable 0.8
FIBO Group(Visit) ECN & MM $300 200 0.01 fixed & variable 2
AFX Capital(Visit) ECN & STP+DMA & MM $200 500 0.01 fixed & variable >
2 – Mini
1.6 – Standard (Classic)
0.7 – FAST
CitiFX Pro(Visit) ECN & MM $10 000 100 0.05 fixed & variable 1.6 – Mini-
1.2 – Standard
Varengold Bank FX(Visit) STP $2,500 200 0.1 variable >1
Axiory(Visit) STP+DMA $500 300 0.01 variable >1.9
Investorseurope(Visit) ECN & STP+DMA $250 400 0.1 variable >0.5 – 1.1
Deltastock AD(Visit) ECN & MM $100 200 0.01 fixed & variable 2 – Regular
0.1 – (>) Level 2 trading
ACM Gold(Visit) STP & MM $250 500 0.01 fixed 3
Renesource Capital(Visit) ECN & STP+DMA $500 100 0.1 variable >
1.2 – Mini
0 – Standard/ECN
Real-Forex(Visit) ECN & STP+DMA $2,000 200 0.1 variable >
1.6 – 1.8 – Mini
1.2 – 1.4 – ECN
FinFx(Visit) ECN & STP+DMA $150 300 0.1 fixed & variable 3 – Mini
>1.8 – Standard
>0.2 – ECN
PaxForex(Visit) STP + MM $10 500 0.01 variable >
3 – Mini
1 – Standard
3TG FX(Visit) ECN & STP $500 100 0.01 fixed & variable >0.3 – 0.7
AccentForex(Visit) STP & MM $10 500 0.01 fixed & variable >
2 – Micro
0.8 – Standard
Sunbird(Visit) ECN & STP+DMA $100 100 0.01 variable >
0.7 – 1.7 – Mini & Standard
0 – 0.7 – ECN
Trader’s Way(Visit) ECN & STP & MM $0.20 500 0.001 fixed & variable >
2 – Mini
0.8 – Standard
0 – ECN

Brokers that offer Metatrader 5

Broker Type Minimum Deposit Max leverage Minimal Lot Spreads Lowest spreads EURUSD MT5
NordFX(Visit) ECN & STP $5 500 0.01 fixed & variable 2 – Mini
>1 – 1.6 – Standard
>0 – ECN
live
RoboForex(Visit) ECN & STP+DMA & MM $10 500 0.01 fixed & variable 2 – Mini
0.4 – 0.9 – Standard
0.1 – 0.7 – ECN
live
InstaForex(Visit) STP $1 1000 0.01 fixed 3 live
EXNESS(Visit) ECN & MM $1 2000 0.01 variable 0.7 – Mini-
0.4 – Standard
Demo
Admiral Markets(Visit) ECN & MM $1 500 0.01 fixed & variable 1 live
Pepperstone(Visit) ECN & STP+DMA $200 400 0.01 variable >0.5 – Mini & Standard
>0.1 – ECN
Demo
LiteForex(Visit) STP $10 500 0.1 fixed & variable 0 – 3 live
ActivTrades(Visit) STP+DMA & MM € 250 400 0.01 fixed & variable 2 – Standard
1.5 – Interbank
Live
IC Markets(Visit) ECN & STP $1,000 400 0.01 variable >0-1 Demo
Vantage FX(Visit) STP+DMA ?350 500 0.01 variable >0.5 – 2.3 live
Sunbird(Visit) ECN & STP+DMA $100 100 0.01 variable >
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.

 
Broker Type Minimum Deposit Minimum Deposit(ECN) Max leverage Minimal Lot Lowest spreads EURUSD
NordFX(Visit) ECN & STP $5 $1,000 500 0.01 2 – Mini
>1 – 1.6 – Standard
>0 – ECN
HotForex(Visit) ECN & STP+DMA $5 $500 500 0.01 >
0.8 – Micro & Standard
0.6 – Currenex
RoboForex(Visit) ECN & STP+DMA & MM $10 $300 500 0.01 2 – Mini
0.4 – 0.9 – Standard
0.1 – 0.7 – ECN
EXNESS(Visit) ECN & MM $1 $1,000 2000 0.01 0.7 – Mini-
0.4 – Standard
Dukascopy (Suisse) SA(Visit) ECN $100 (EU subsidiary), $5000 (Swiss) $100 100 0.01 >
0.5 – 1 – Mini-
0.5 – 1 – Standard
Gallant Capital Markets (GCMFX)(Visit) ECN & STP+DMA $100 $50 000 400 0.01 >
1.5 – Mini
1 – Standard
0.2 – ECN
Pepperstone(Visit) ECN & STP+DMA $200 $200 400 0.01 >0.5 – Mini & Standard
>0.1 – ECN
FXCC(Visit) STP & ECN $100 $50 000 500 0.01 >0.1
FXCM(Visit) ECN & STP $25 $25 000 400 0.01 >
1.5 – Mini
1 – Standard
FXOpen(Visit) ECN & MM $1 $1,000 500 0.01 2
MB Trading(Visit) ECN $400 $400 50 0.01 >0.1 – 0.8
IKON Global Markets(Visit) ECN & MM $1,000 $1,500 50 0.01 >0.8 – 2
IC Markets(Visit) ECN & STP $1,000 $10 000 400 0.01 >0-1
FXPRIMUS(Visit) ECN & STP $250 $1,000 500 0.01 >1
FX Choice(Visit) ECN & MM $10 $1,000 200 0.01 >
1.5 – Mini
0.5-1.5 – Standard
0.1 – ECN
AFX Capital(Visit) ECN & STP+DMA & MM $200 $10 000 500 0.01 >
2 – Mini
1.6 – Standard (Classic)
0.7 – FAST
Renesource Capital(Visit) ECN & STP+DMA $500 $1,000 100 0.1 >
1.2 – Mini
0 – Standard/ECN
Real-Forex(Visit) ECN & STP+DMA $2,000 $10 000 200 0.1 >
1.6 – 1.8 – Mini
1.2 – 1.4 – ECN
Sunbird(Visit) ECN & STP+DMA $100 $10 000 100 0.01 >
0.7 – 1.7 – Mini & Standard
0 – 0.7 – ECN
Trader’s Way(Visit) ECN & STP & MM $0.20 $100 500 0.001 >
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/

Broker Type Minimum Deposit Max leverage Minimal Lot Spreads Lowest spreads EURUSD Trading platform Trailing stops OCO orders One click
AvaTrade(Visit) MM $100 400 0.05 fixed 3 MT4 Desktop/Mobile/iPhone/iPad/iPod touch/Android/BlackBerry/Symbian, AvaTrader (ActTrader) iPhone/iPad/iPod touch/Android/Web/Java, Mirror Trader yes yes yes
Forex Club(Visit) STP & MM $250 50 0.01 fixed & variable 0.6 – 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, Autochartist yes yes yes
FOREXYARD(Visit) ECN& MM $100 200 0.01 fixed & variable 3 – Mini & Standard
>0 – 1.5 – ECN
MT4 Desktop/Mobile/iPhone/iPad/iPod touch/Android/BlackBerry/Smartphone/Symbian, ActTrader, Web Trader, Currenex, MYFX yes yes yes
Markets.com(Visit) MM $100 200 0.01 fixed & variable >2.2 – 3 MT4 Desktop/Mobile/iPhone/iPad/iPod touch, MarketTrader (ActTrader), Web Trader yes yes yes

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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