forex trading with metatrader 5 – Pros & Cons – forex broker with the lowest spread

There are nevertheless a large number of forex brokers that still use 4 digit quotes forex trading with metatrader 5. These quotes are fairly easy and easy to understand as the last digit indicates the real worth of a pip. With a sizeable number of 4 digit forex brokers nevertheless existing in the market, it is interesting to know how they stack up next to each other forex trading with metatrader 5.

Online Forex Broker : forex trading with metatrader 5

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Pros & Cons

1. RoboForex

RoboForex is a extremely popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is furthermore registered next IFC and UK’s FCA. Being a regulated forex broker, its users can be settle assured of regulatory authorities looking after their genuine interests next utmost care.

With RoboForex, you can pick between 4 trading platforms – MetaTrader 5, MetaTrader 4, CTrader, and WedTrader. The former two platforms are considered as the industry conventional as they come later packed tools and features and are used by millions of traders worldwide.

Also, with RoboForex you can choose between 3 trading account types – Standard, ECN, and Cents. Depending on the account you choose, the spreads can either be lost or fixed. The customer preserve of RoboForex is straightforward 24/7 through breathing chat, e-mail; request a callback through the website and, the telephone. The website too is clear for users in 15 interchange languages.

2. Admiral

This international forex broker, established in 2001, focuses on discharging online trading services for CFD on equities, currencies, energy, market indices and unnatural metals to retails traders all across the world. All the operations of Admiral Markets are regulated by FCA in the UK and EFSA in Estonia.

Traders can look forward to using different welcome of the art platforms with Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to help traders carry out their activities, the broker has come out like apps for Apple and Android devices.

One of the main features of Admiral has been their analytics. In fact, traders can dig deep into profound analysis, fundamental analysis, forex calendar, a unique heat map, and salutation analysis to gain an idea of where the market is heading.

Customer Keep through Admiral is easy to get to round-the-clock via web right of entry form, e-mail, the telephone, and enliven chat.

3. Forex4you

For those looking for online forex trading services, Forex4you provides plenty of options. Despite monster a small player in the trading market, Forex4you has earned wealth of distinct reviews and recognitions and is among extremely few players that meet the expense of cents trading accounts for those traders that are starting afresh in the forex market.

This British Virgin Islands-based forex broker provides on your own one trading platform – MetaTrader 4 for its users once key features included in it bearing in mind Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types understandable for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.

In adjunct to providing a wide range of trading services, Forex4you provides customer preserve 24/5 through the telephone, e-mail or Live Chat.

4. NSFX

This Maltese based forex broker primarily serves the French, English, German, Arabic and Italian markets and is regulated by a number of financial authorities including, MFSA in Malta, BaFin, FSA, MiFID, and others. Besides forex, traders can after that use NSFX for trading commodities later CFDs, Indices, Crude Oil, Gold, and Silver.

NSFX offers three stand-in trading accounts – Standard MT4, Professional ECN, and VIP account later than each of them providing right of entry to multipart indices, commodities and currency pairs. Besides the web, traders can afterward use the trading features via mobile devices.

While the NSFX website is handy in English, German, Turkish, Italian and Arabic, for customer support, traders craving to entry any of the broker’s international locations using Online Chat or E-mail.

5. FXPrimus

FXPrimus is one of those online forex brokers that place a lot of emphasis on performance, security and transparency. Owned by FXPRIMUS.com, this forex broker has its presence improve across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a distant sponsor of Manchester City Football Club.

FXPrimus users need to rely upon MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker furthermore offers a well-behaved mobile trading platform and a console trading platform called MyFX. Some of the best features on offer through this broker attach Chart Recognition Software and Autochartist, both of which have the funds for indicators and identify happenings that can assist you make the most of the trading opportunities.

Three exchange trading accounts on offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer retain for traders is user-friendly in English and many other languages. For complex support, traders have the unorthodox between the telephone, e-mail or flesh and blood chat.