best broker for MT4?

roughbert

Member
94 1
I recently started playing (in a demo account) with MT4.

What a great piece of software.

With IG , MT4 accounts have higher margin than their own web UI. Is this a general phenomenom, or does someone else offer a better deal? Having £300-400 frozen for every position at £1 a pip seems a bit hard.

Why do they do this, BTW?
 

roughbert

Member
94 1
So how does a 500% margin compare across brokers using MT4? It seems a trifle high to me.

That's tying up £500 for a £1 stake bet, irrespective of where I place stop loss.
 
Last edited:

Pat494

Legendary member
13,847 1,400
£1 per pip is too high for the small account.
There are plenty of brokers who offer £0.01 per pip.
 

Pat494

Legendary member
13,847 1,400
Anyone tried XM brokers ?
Recommended by forex factory site

Tickmill are not interested in small players and refuse your reg attempt.
 

gerryg

Established member
900 6
So how does a 500% margin compare across brokers using MT4? It seems a trifle high to me.

That's tying up £500 for a £1 stake bet, irrespective of where I place stop loss.
Are you talking about leverage? Tickmill that was mentioned above or Нotforex offer from 1:50 to 1:500 leverage, plus you can manage risk setting lot size from 0.01 to several tens of lots.
 

Pat494

Legendary member
13,847 1,400
Are you talking about leverage? Tickmill that was mentioned above or Нotforex offer from 1:50 to 1:500 leverage, plus you can manage risk setting lot size from 0.01 to several tens of lots.
You have misunderstood me.
I meant if you deposit £500 you get a bonus added to your account of 50% i.e.£250 to make it £750 plus £20 = £770
The broker is called XM and registered in London.
It does micro accounts and more items than usual.
 
Last edited:

progix

Active member
233 3
I am using more than one broker at the moment however all of them have MT4 and i like trading on such platform because they are secure, easy to trade and convenient too.
 

Similar threads


AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock