Forex trading is getting popular with each passing day due to its high earning potential and each day advancing technology. The methods to invest finances are further getting easier. A lot of tools, analysers, and other material is available to facilitate traders, with most prominent of them being the trading platform. Most of the forex brokers use the popular, Meta Trader4, due to its good performance and above-average offering. Some of the features offered by the platform are one-click trading, algorithm/Robo trading, scalping, hedging, charts, signals, real-time data, and several other tools.
Here, we would list the top 7 Meta Trader forex brokers for beginners to start your trading journey.
7 Best Meta Trader Forex Brokers 2021
1. T1Markets: T1Markets is a Cyprus headquartered trading site which works under the investment firm, General Capital Brokers Ltd. (GCB), a Republic of Cyprus registered organisation bearing registration number HE 345774. The firm provides trading services & products to users at low-cost rates through majorly three account types, namely Silver, Gold, and Platinum. Further, other top facilities offered by T1Markets are free demo account, dedicated account manager, Free VPS service, education library, news, and many more.
One can connect with T1Markets executives broker 24/5, from Monday to Friday, through telephone, email, or live chat feature. Notably, the client’s funds are secure with T1Market broker’s high tech advancements, including end level encryption and SSL.
2. Brokereo: com is a trading site which started its operations in Cyprus and provided investment products & services, operating under the financial body, CySEC (Cyprus Securities & Exchange Commission) with license number 189/13. The organisation provides complex financial derivatives trading on indices, stocks, currencies, commodities, and cryptocurrencies. Notably, there is no commission on trades, and the site offers several payment methods at zero charges. Some of the other top features by Brokereo are high margin, good customer support, excellent education material, an impressive research library, MT4 trading platform, and top-notch regulations.
3. ROInvesting: ROinvesting is the Republic of Cyprus registered brokerage firm that provides trading services and products at low-cost prices.
Some of the top features of the broker are excellent customer service, three segregated account types, good trading platform, free demo service account, and robust educational, research material.
4. Global TradeATF: Global TradeATF is a Belize based trading website that operates under the firm Bayline Trading ltd, which is a registered investment company. The firm is licensed with the top financial body, CySEC (Cyprus Securities & Exchange Commission), having license number 000188/91. Besides, the firm offers several trading products & services that includes currencies, stocks, crypto, commodities, and indices, totalling the count to 350+ financial instruments. Some of the top features provided by the Global TradeATF broker are high margin trading, MT4 trading platforms, three account types, good customer service, and impressive research library.
Apart from it, the broker also has a dedicated educational page that offers webinars, seminars, guides, courses, e-books, and articles. You can deposit your funds through the firm’s robust payment services that include bank transfer, debit/credit cards, and e-Wallets like Skrill & Neteller.
5. ETFinance: ET finance is a trading company that began its operations in 2018 in the Republic of Cyprus. The broker specialises in offering forex and CFD services to its users at cutting edge spread prices. The company’s website is available in multiple languages, including German, Portuguese, English, Dutch, Spanish, Italian, etc. Notable the website’s UI and UX both are impressive and anybody, whether a trader or not, would readily understand everything and navigate to his desired portal.
However, the company only caters to the European clients and doesn’t provide their services to any other country customer. The broker is regulated with CySEC and offers robust IT security for the security & safety of their clients’ funds, data, and information. Some of the other right offerings by ETFinance broker are high leverage, widely recognised Meta Trader4 platform, excellent customer support, and 300+ trading products.
The minimum deposit is $250 to start the real trading, but anybody can use their free demo account.
6. 101investing: 101investing is a trading company that began its operations in 2018 in the Republic of Cyprus. The broker specialises in offering forex and CFD services to its users at cutting edge spread prices. The company’s website is available in multiple languages, including German, Portuguese, English, Dutch, Spanish, Italian, etc. Notable the website’s UI and UX both are impressive and anybody, whether a trader or not, would readily understand everything and navigate to his desired portal. There are 350+ financial instruments available with the trading site, which includes products from share, currency, commodity, and crypto market.
The minimum deposit with 101investing is $250, and there are several payment options. One can connect with the company from 07:00 am to 05:00 pm, Monday to Friday.
7. Oinvest: Oinvest is a brand name of BASFOUR (Forex) 3773, which is a private limited regulated proprietary trading organisation, with license number 2010/002719/07 and office situated at South Africa. The firm is a 2018 started company providing trading products and services at reasonable rates. The brokerage organisation provides several services like tight spreads, a wide range of products, three account types, MT4 platform, an impressive research library, and high leverage service.
The minimum deposit with the firm is $250, offering demo and Islamic accounts for dedicated users too. Apart from it, there are several other payment methods available for users. The investment company’s headquarter is situated at Orion Mall, Palm Street, Victoria, Mahe. You can contact the Oinvest team via telephone, email, or contact us form, from Monday to Friday.
Final Words
So, these were the best Meta Trader forex brokers for all the new traders. All the trading firms listed are regulated, safe to trade, and offers useful features at a reasonable rate. Notably, the MT4 platform is available in desktop, website, and mobile versions, accessible on iOS & Android. Further, you can also test the services of these brokers through the free demo account. Make sure to research trades before executing orders and do not forget to record the transactions as it would greatly help in analysing the mistakes and trading style.
“Book the slot to earn Maximum Profits!”Wonderful opportunity to take the advantage of forex market as huge number of young and aspirant investors are looking forward to invest and earn in a smart way.
Several platforms have showed up their active participation to give the platform to the investors where they can expose their funds to worldwide market.
Etor Forex, a venture of Etor, has been exclusively designed to cater full support to aspirant and dedicated investors who are eager to earn huge profits.
Etor Forex provides more than 150 trading signals which cater a wide range to earn profits.
To start up, one need to begin the demo account that will give an idea to the investors, especially the beginners how to trade in the Forex market?
Investors can take the advantage of 500X leverage that would boost up the investors to take the advantage of the market.
Considering the average daily volume, it is estimated at around $5 trillion.
Let’s take a closer look at each vital concept you require to know about the Foreign exchange market though this forex trading guide, including how to start a trade, what is leverage and top forex brokers for trading.What is forex trading?
The entire market is run by two major entities: Spreads calculated across four primary forex trading hubs in different time zones and an international bank network.
The aggregate price (of a pair) is estimated by how much one unit of the former currency (base) is worth in the latter currency (quote).Each forex pair is written by using the three-letter code.
For example, EUR/USD or euros is a currency pair involving buying United States dollars and selling the European Euro.
For example, EURGBP, GBPJPY, EURCHF.Major pairs:- These are the most popular pairs and contribute about 80% of global forex trading.
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What are helpful Tips to Earn more Profits as a Forex Trader?
In Forex Trading, everyone has a goal to be succeeded but don’t forget the difficulties of the market.
Make sure are following these tips:
Don’t consider the Forex as a Cash Field:
Forex market is lucrative, but this is not based on magic.
Several forex traders made mistakes, they consider currency trading is similar to gambling, but they don’t understand the major difference that the gambling is based on luck and the currency trading is based on skills.
