Intrigue Revealed: Traders Union Analysts Name the Best MT4 Broker in 2022
2 min read . Updated: 07 Feb 2023, 06:17 PM IST
PremiumOn the eve of 2023, experts at the Traders Union named the best broker with support for the MetaTrader 4 platform. In the published broker rating, the honorable first place, and the title of the MT4 best broker, went to RoboForex. Registered in 2009 in New Zealand
On the eve of 2023, experts at the Traders Union named the best broker with support for the MetaTrader 4 platform. In the published broker rating, the honorable first place, and the title of the MT4 best broker, went to RoboForex. Registered in 2009 in New Zealand, RoboForex today enjoys respect and trust in 169 countries around the world. The number of active traders who trust the broker has exceeded 3.5 million people.
RoboForex: what is important to know?
RoboForex is a CySEC-licensed regulated broker with a strong reputation that has been developed and maintained since 2009. The main office is located in Belize, the Caribbean offshore. It is regulated by the Belize International Financial Services Commission (IFSC Belize), which in turn is regulated by the Belize Ministry of Securities.
The broker is distinguished by tight spreads, especially on Prime and ECN accounts, which are close to interbank ones, and a low threshold for entering the U.S. stock market through RTrader using leverage. RoboForex provides a unique, proprietary service for automatically copying trades named CopyFX which makes trading easier even for inexperienced traders.
RoboForex , unlike many exchanges, does not charge a deposit fee. 24/7 multilingual support is ready to help you with any questions. There is an investment service and several options for affiliates, and a wide variety of promotions and bonuses. The broker supports MT4, MT5, RTrader, cTrader platforms, and offers its own web terminal for working with both demo and real accounts.
What is MetaTrader 4 and why the platform is remarkable
MetaTrader MT4) is the most popular Forex trading platform today. It was introduced by the Russian company MetaQuotes Software in 2005. Convenient, practical and usable, it quickly claimed a leading position among similar platforms and applications, and has maintained it so far. The platform is known and loved in most countries where Forex trading is popular. When an updated version, MetaTrader 5, was released in 2010, interest in the “four" did not fade away, traders continued to install and use it, since not everyone liked the update.
Today, MetaTrader 4 is the gold standard, enjoyed by both beginners and experienced traders. Therefore, there will always be a debate in the Forex community about which broker with MT4 support is the best. Traders Union experts give the palm to RoboForex broker. In 2022, the company was awarded the "Best Broker of the Year" award by Traders Union.
Thus, according to experts, RoboForex and MetaTrader 4 are the best tandem for effective Forex trading.
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