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Saturday, September 15, 2007

Metatrader 4 Forex Brokers

Saturday, September 15, 2007


Metatrader For Forex Brokers



A list of Forex brokers which support Metatrader 4 Forex trading software as a primary Forex trading platform. Metatrader 4 allows Forex traders a very flexible trading environment including Forex trading automation with MT4 expert advisors.


LiteForex:

Company: Straighthold Investment Group Inc.
On-line since: 2004
Regulation: Registered resident of the British Virgin Islands, according to the terms of the International Business Companies Act (Chap. 291).
Payment options: WebMoney, e-gold
Minimum account size: $0.01
Minimum lot size: 0.001 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • Metatrader Forex broker
  • e-gold and WebMoney deposit/withdraw method
  • Very low minimum deposit to start trading

Disadvantages:

  • No contact phone/fax numbers

Click here to open an account with LiteForex



FXOpen:

Company: Poltek Business Ltd.
On-line since: 2005
Regulation: Unregulated
Payment options: e-gold, WebMoney, CashU, E-Bullion and wire transfer
Minimum account size: $1
Minimum lot size: 0.001 lot
Spreads: 2 pips on EUR/USD

Advantages:

  • MetaTrader 4 Forex broker
  • Traders contests and competitions
  • Bonus for real trader account opening
  • Muslim Forex broker - no-overnight interest accounts
  • e-gold funds deposit/withdraw option
  • Futures trading is available
  • Start trading with as little as $1

Disadvantages:

  • No contact phone numbers

Click here to open an account with FXOpen



FXcast:

Company: FXcast
On-line since: 2005
Regulation: Unregulated
Payment options: e-gold, WebMoney, E-bullion, E-Dinar and wire transfer
Minimum account size: $1
Minimum lot size: 0.001 lot
Spreads: 1 (one!) pip on EUR/USD

Advantages:

  • Metatrader 4 Forex broker
  • 1 pip spread for EUR/USD for FXcast Swing platform.
  • Start trading with as little as 1$
  • e-gold, E-bullion, WebMoney and wire transfer deposit/withdraw options
  • Leverage from 1:25 to 1:400
  • Muslim friendly Forex broker

Disadvantages:

  • No important disadvantages

Click here to open an account with FXcast



NorthFinance:

Company: North Finance Company Ltd
On-line since: 2003
Regulation: North Finance is registered in Belize. It operates within the financial market in accordance with The Memorandum of Association and Articles of Association, which was granted to the company by Belize International Business Companies Act.
Payment options: Wire transfer
Minimum account size: $100
Minimum lot size: 0.1 lot
Spreads: 2 pips on EUR/USD

Advantages:

  • MetaTrader 4 Forex broker
  • Really fast and responsive support
  • Variable leverage from 1:1 to 1:500
  • No overnight interest for Muslim Forex traders

Disadvantages:

  • No important disadvantages

Click here to open an account with NorthFinance



Boston Trading and Research:

Company: Boston Trading and Research, LLC
On-line since: 2007
Regulation: Unregulated
Payment options: Bank wire, check, credit cards and PayPal
Minimum account size: $500
Minimum lot size: 0.1 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • MetaTrader 4 Forex broker

Disadvantages:

  • Not very informative web site

Click here to open an account with Boston Trading and Research



Alpari:

Company: Alpari Limited
On-line since: 1998
Regulation: Authorised and regulated by the Financial Services Authority. FSA Register number 448002.
Payment options: Bank wire
Minimum account size: $200
Minimum lot size: 0.01 lot
Spreads: 2 pips on EUR/USD

Advantages:

  • MetaTrader 4 Forex broker

Disadvantages:

  • No important disadvantages

Click here to open an account with Alpari



Interbank FX:

Company: Interbank FX
On-line since: 2001
Regulation: Registered Futures Commission Merchant (FCM), registered with the Commodity Futures Trading Commission (CFTC).
Payment options: Bank wire, credit cards, check
Minimum account size: $250
Minimum lot size: 0.1 lot
Spreads: 2 pips on EUR/USD

Advantages:

  • MetaTrader 4 Forex broker
  • Really low spreads

Disadvantages:

  • Opening an account is a complicated process

Click here to open an account with Interbank FX



Direct Forex:

Company: Direct Forex, LLC
On-line since: 2005
Regulation: Registered Futures Commission Merchant (FCM), a member of the National Futures Association (NFA ID# 0351765) and is regulated by the Commodity Futures Trading Commission (CFTC).
Payment options: Bank wire and checks
Minimum account size: $500
Minimum lot size: 0.1 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • MetaTrader4 Forex broker
  • Mobile trading supported

Disadvantages:

  • Opening an account is a complicated process

Click here to open an account with Direct Forex



X-Trade Brokers:

Company: X-Trade Brokers S.A.
On-line since: 2006
Regulation: Regulated by the Securities and Exchange Commissions of European Union.
Payment options: Bank wire
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • MetaTrader4 software support
  • Supports trading over the phone
  • Muslim Forex broker

Disadvantages:

  • No mini Forex accounts
  • Opening an account is a complicated process

Click here to open an account with X-Trade Brokers



Tadawul FX:

Company: Tadawul FX SA.
On-line since: 2006
Regulation: Registered with ARIF (Association Romande des Intermédiaires Financiers) - a Swiss organization against money laundering, is also audited by Swiss financial auditor VERIFID.
Payment options: Bank wire
Minimum account size: $1,000
Minimum lot size: 0.1 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • Islamic Forex broker
  • MetaTrader4 Forex broker
  • Registered with very serious regulation authorities
  • Mobile trading supported

Disadvantages:

  • Opening an account is a complicated process

Click here to open an account with Tadawul FX



Western Capital Forex:

Company: Western Capital Forex S.A.
On-line since: 2005
Regulation: Registered with OAR-G - a Swiss self regulated financial organization.
Payment options: Bank wire and PayPal
Minimum account size: $5,000
Minimum lot size: 1 lot
Spreads: 2 pips on EUR/USD

Advantages:

  • MetaTrader 4 Forex broker

Disadvantages:

  • No mini Forex accounts available
  • Opening an account is a complicated process

Click here to open an account with Western Capital Forex



Real Trade:

Company: Real Trade Group
On-line since: 2003
Regulation: Unregulated
Payment options: e-gold, WebMoney and wire transfer
Minimum account size: $20
Minimum lot size: 0.01 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • e-gold deposit/withdraw method
  • Metatrader Forex broker

Disadvantages:

  • No important disadvantages

Click here to open an account with Real Trade



Crown Forex:

Company: Crown Forex SA
On-line since: 2004
Regulation: Affiliated with the self-regulatory ARIF association.
Payment options: Wire transfer
Minimum account size: $300
Minimum lot size: 0.1 lot
Spreads: 1 pip on EUR/USD

Advantages:

  • Metatrader Forex broker
  • Low spreads

Disadvantages:

  • Opening an account is a complicated process
  • Limited use of Metatrader expert advisors

Click here to open an account with Crown Forex



MIG Investments:

Company: MIG Investments SA
On-line since: 2005
Regulation: Audited by KPMG and regulated by the Swiss Federal Department of Finance, while also being a member of ARIF.
Payment options: Wire transfer
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Spreads: 2 (1 for institutional accounts) pips on EUR/USD

Advantages:

  • Metatrader Forex broker
  • Competitive spreads
  • Shares its profit with UNICEF

Disadvantages:

  • Opening an account is a complicated process

Click here to open an account with MIG Investments



SNC Investments:

Company: SNC Investments, Inc.
On-line since: 2005
Regulation: Registered with Commodity Futures Trading Commission (CFTC) and a member of National Futures Association (NFA), NFA ID #0328909.
Payment options: Checks, wire transfer and BPS
Minimum account size: $500
Minimum lot size: 0.1 lot
Spreads: 2 pips on EUR/USD

Advantages:

  • Metatrader Forex broker

Disadvantages:

  • Opening an account is a complicated process

Click here to open an account with SNC Investments



Royal Forex Trading:

Company: Royal Forex Trading
On-line since: 2006
Regulation: Regulated by the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA) as a registered Futures Commission Merchant (FCM) (NFA ID #0370971).
Payment options: Wire transfer, credit cards, checks, BPS and PayPal
Minimum account size: $300
Minimum lot size: 0.1 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • Metatrader 4 Forex broker

Disadvantages:

  • Opening an account is a complicated process

Click here to open an account with Royal Forex Trading



ODL Securites:

Company: ODL Securities Limited
On-line since: 2004
Regulation: Regulated by Financial Services Authority. It is a member of the London Stock Exchange and London International Financial Futures and Options Exchange (Euronext.LIFFE).
Payment options: Wire transfer, credit cards and checks
Minimum account size: $100
Minimum lot size: 0.1 lot
Spreads: 2 pips on EUR/USD

Advantages:

  • Metatrader 4 Forex broker

Disadvantages:

  • No important disadvantages

Click here to open an account with ODL Securites



Neuimex:

Company: Neuimex Direct Dealing S.A
On-line since: 2005
Regulation: Registered on British Virgin Islands.
Payment options: WebMoney and e-gold
Minimum account size: $400
Minimum lot size: 1 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • e-gold and WebMoney deposit options
  • Metatrader 4 Forex broker
  • Futures trading is available

Disadvantages:

  • No important disadvantages

Click here to open an account with Neuimex



Swissnetbroker:

Company: Finex Group GMBH
On-line since: 2005
Regulation: Regulated as a Financial Intermediary under Swiss Federal Law, regulated by PolyReg, FINEX Group is overseen by the Federal Department of Finance in Switzerland.
Payment options: Bank wire
Minimum account size: $200
Minimum lot size: 0.1 lot
Spreads: 3 pips (0 pips on ECN) on EUR/USD

Advantages:

  • Metatrader 4 Forex brokers
  • Advanced trading platform (Currenex) available
  • ECN trading services available

Disadvantages:

  • Opening an account is a complicated process

Click here to open an account with Swissnetbroker



FIBOGroup:

Company: Fibo Group Switzerland AG.
On-line since: 2004
Regulation: Unregulated
Payment options: Bank wire and VISA credit cards
Minimum account size: $300
Minimum lot size: 0.1 lot
Spreads: 3 pips on EUR/USD

Advantages:

  • Metatrader Forex broker

Disadvantages:

  • No important disadvantages

Click here to open an account with FIBOGroup



FXDD:

Company: FXDD
On-line since: 2002
Regulation: Unregulated
Payment options: Bank wire, check, PayPal and BPS
Minimum account size: $500
Minimum lot size: 0.1 lot
Spreads: 2 pips on EUR/USD

Advantages:

  • Metatrader Forex broker
  • Two custom platforms are also available

Disadvantages:

  • No important disadvantages

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