MT4 is a trading platform developed by a company called MetaQuotes. com to name just two , you are likely to come across it. Most often put to work in conjunction with forex trading, MT4 can also be used to trade commodities and indices via spread betting or CFDs and futures markets.

On top of this, the platform features a number of tools for putting automatic trading techniques into place — as well as for analysing prices and markets.

Whereas some brokers offer a basic MT4 experience, many others IG, for instance , enhance it with a customised set of extra tools. So MT4 is rather like an Android smartphone; the basic feel of it is the same no matter what the model, albeit some manufacturers are more inclined than others to add their own touches to it.

Several brokers also offer MT4 as an alternative vehicle for trading alongside their proprietary platform. Its universality means that if you want to hop from one broker to another to take advantage of better rates or wider trading options , assuming that both platforms offer MT4 trading, you can make the switch without facing a re-learning experience.

While MT4 is available to download direct from MetaQuotes, it can make more sense to use the download provided by the broker you are considering or using.

This generally means that any free enhancements provided by that broker are ready and waiting for you. This is a straightforward process. For a currency trade for instance, you go to the New Order button on the platform toolbar, select your currency pair, enter the size of your position, choose your buy and sell limits and stops — as well as your loss limits and profit targets. If you are using an off-the-shelf EA, you should always ensure it is from a trusted, reputable source.

Crucially, the platform also enables you to back-test an EA and put it to work in demo mode before you risk your capital to it. Traders simply go to that menu, choose which indicators they wish to add to their own charts and how they want each indicator to be visualised in terms of line style and colour. In short, MT4 enables traders to control what information they rely on — and how it is presented. Here is a description of the main features.

The 3 brokers under consideration are CLMarkets , GC Option , Alpari Option Field at the moment is not available. This is a fairly concise comparison, perhaps useful for evaluating according to your needs. Apart from the most recent OptionField, they are all present for years and known above all by forex traders. Also called CLMarkets, or simply CLM, it is one of the classic forex brokers, present on the market for several years. CLMarkets Review. The site is the same. GC stands for Grand Capital.

GC Option Review. This is also a longtime forex broker in the market. Alpari Review. This comparison can be useful to choose the broker with binary options on MT4 that best suits your needs. Below you can see the brokers most used by our traders. It does not mean that they are absolutely the best, but they have been selected based on the number of registrations and trading operations.

In addition to these, you can view the complete list of brokers with relative comparison. By registering through these links you get preferential assistance, various free resources and the possibility of free access to the VIP signal room. Clear cookies before visiting a broker. Send your ID, teh identification number that the broker assigns you, to info freebinaryoptions. Risk warning: "Binary options are not promoted or sold to retail EEA traders" If the broker is not authorized in your area, e.

Our passion for trading led us to innovate and discover new tricks strategies, indicators or brokers. Caring for the new English-language FreeBinaryOptions. One, Ivan Griscenko, along with his father Giancarlo and his fellow American friend Robert Pavehouse, share the experience of several years of trading.

We have compared the best regulated binary options brokers and trading platforms and created this top list. Every broker and platform has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. You can sort the list using payout maximum returns , minimum deposit, bonus offers or if the operator is regulated or not.

You can also read full reviews of each broker, helping you make the best choice. Below the comparison list is some advice on how to pick the best binary options trading platform for you, as this will often come down to your personal requirements. In order to trade binary options, you need to engage the services of a binary options broker. Here at binaryoptions. net we have provided a list with all the best comparison factors that will help you select which binary trading platform to open an account with.

We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:. We cover as many of these comparison factors as possible in our list above, but we go into much more depth within each review.

Regulation and licensing is a key factor when judging the best broker. A regulated broker is the safest option. There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organisation. This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort. Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute.

It should therefore be an important consideration when choosing a trading partner. Different kinds of binary options bonuses are used to attract new clients. Bonuses are often a deposit match, a one-off payment or risk free trade. Whatever the form of bonus, there are terms and conditions that need to be checked. It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer.

If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice, or at least not that specific offer. Some bonus terms tie in your initial deposit too. Using a bonus effectively is harder than it sounds.

If considering taking up one of these offers, think about whether, and how, it might affect your trading. If the bonus does not suit you, turn it down. You can get demo accounts at more than one broker, try them out and only deposit real money at the one you find best.

It can also be useful to have accounts at more than one broker. For example, payouts for two different assets might be best at different brokers. You can shop around, and use whichever account has the best payout for that asset. Demo accounts offer the best way to try out a brand, risk free. Likewise if we recommend a brand, you can try it first, before risking anything.

If you are looking to get involved with binary options for the first time, low minimum deposit requirements may be of interest. For traders mostly looking to learn, a low minimum deposit binary options broker might be best. A small initial deposit keeps risks low. Likewise, all brokers will have a minimum trade requirement or trade amount too. These can vary greatly between platforms.

For some traders, this might be less of a factor in terms of finding the best broker for them, but for others it will be very important. Practice accounts are a zero risk way of learning to trade. One element many traders use to find the best binary options trading account, is the payout percentage on offer. This is not always a simple comparison however. Payouts will change based on the underlying asset being traded, and the expiry time of the option.

In addition, payouts will change as the broker manages their own risk. So if one broker was originally the best price, things may then revert and mean that another now has the top payout. So the most an investor can do, is to check the payouts for assets, and expiry times they are most likely to make, and judge which brand offers the best terms most often.

Demo accounts are good when researching payouts on specific assets and trades. Exchange traded and over the counter brokers will have different payouts — and they will not be easy to compare. In general, exchange traded options offer superior value.

Nadex are one example of an exchange. So as you can see, finding the best trading account and broker is not always easy — but it is worth noting that you are free to move between brokers whenever you like. So even if an account turns out to be poor, it is easy to up sticks and find a new trading firm.

Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade.

Naming the best binary options trading platform is not easy, simply because trading platforms and proprietary bespoke software are normally a question of personal taste. One trader might like a simple layout, while others might need a lot of data on screen all the time.

However, binary trading platforms do have different levels of quality, both in terms of ease of use, and features. Broadly speaking, CFD brokers , i.

e that offer CFDs Contracts For Difference in addition to binary options, typically deliver a more feature-rich trading platform or advanced software. So the likes of Nadex and IQ Option , will deliver a very professional trading platform.

MetaTrader integration is also normally provided at the more professional brokers Some use both mt4 and mt5 functionality. This difference in quality is evidence of the lesser maturity of binary options as a product, but binary brands will catch up very quickly. With OTC binaries however, there is no commission. So there is no fee or commission for the trade. Instead, each customer is essentially betting against the house. Where brokers have both sides of a trade covered, they have a handsome margin.

Where they do not, the payout still gives them a level of protection. Unlike the OTC market where the platform is the counter party, with exchange traded options, the broker is the middleman — matching buyers with sellers and charging a commission. This charge is normally hidden within the spread, rather than an explicit cost. There is far less risk involved for the broker, and therefore generally better returns per trade for the trader.

Brokers can be actively compared using the spread — the tighter the spread difference between buy and sell prices the cheaper it is to trade. This increases the trade size for the trader — and profit for the platform. They will match a seller of an asset, with a buyer of the same asset, and charge a commission for putting the deal together. The market itself will decide the prices — if there are more sellers than buyers, the price will drift down until demand rises.

If there are more buyers than those willing to sell, the option price will rise. A broker operating an exchange does not mind who wins and who loses. They take no risk on the trade themselves unless the traders are trading on credit. The broker will make their commission on the trade regardless of the outcome. Due to this reduced risk for the broker, the returns for a winning trader are generally larger.

Commissions are usually small relative to the size of the trade, meaning they do not impact the payout too much. Other benefits include the fact that stop losses can be applied, and also that trades can be closed at any time to take a profit or reduce losses. The complications with exchanges, comes from the structure.

Where 0 is the figure used where an event did not occur, and where it did. While not a complicated equation, it is slightly more complex than the straight forward over the counter option. They are the counter-party to one side of the trade.

So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses. Only where the broker has another trader who has made the exact opposite trade, will they have assured profits. Due to this increased risk, the brokers will offer a lower payout which mitigates some of the risk they are taking.

It is therefore likely to be lower than an exchange traded broker. In some cases, one side of trade might be made unavailable if liabilities get too large. The simplicity of binary options is retained with OTC brokers. Once those features become common the gap between OTC and exchanges will get smaller. For now, traders are better off trading on an exchange — but might be advised to learn the differences via demo account.

Have you had a problem with your broker? Submit a complaint. Deposit and withdrawal options do vary at each brokerage. Each of our reviews will explain which each firm offer, but below is a list of the most common options. If you are looking for brokers that support a specific payment method, see our page on binary options payments methods or the list below.

All of the factors covered above will ultimately affect the way a trader plays the market, and therefore, their profitability. The ideal situation is to get a binary broker that offers:. You also need to choose one that suits your trading style best — only you will know what that is.

In fact, it is known that transferring ETH is quite expensive, moreover many already have Bitcoin. An in-depth analysis of the cryptocurrency market is done through artificial intelligence. All of these factors will ultimately affect the way a trader plays the market, and ultimately, his profitability. For those investors who choose to trade on a desktop, this trading interface is also accessible on a web version, available from the computer browser. Nadex are one example of an exchange.

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