6 Best MetaTrader 4 Alternatives

The growing season is longer when compared to the rest of Germany, thus resulting in an early arrival of springtime in the region, with trees typically leafing out already toward the end of March. Being an urban heat island, Frankfurt sometimes experiences tropical nights, where the temperature does not fall below 20 °C between May and September. This is exacerbated and made more frequent as the density of the city stores daytime heat overnight.

The platform’s quick trading function sends orders from the chart with one click. Another feature, called built-in tick, helps accurately determine entry and exit points. The platform’s charting application has 30 built-in technical indicators and 24 graphic objects. Compare what it can do to support beginners and advanced traders.

Learn first. Trade CFDs with virtual money.

The cTrader platform displays all the prices, quotes, and asset specifications same as the MetaTrader. MetaTrader 4 alternatives do exist, and cTrader is an example of another popular forex trading platform. Founded in 2000, MetaQuotes Software Corp is the developer of MetaTrader4 (MT4) and MetaTrader5 (MT5) software.

Frankfurt’s skyline is shaped by some of Europe’s tallest skyscrapers, which has led to the term Mainhattan. Once you download the platform, you’ll be up and running in no time. Its user interface is friendly and intuitive despite its advanced features. The feature that allows placing of orders right from the charts ensures quick execution and helps you capture profit-making opportunities.

Forex Risk Disclaimer

In order to assess the best brokers for traders looking to use the MetaTrader platform, we research and test each individual broker’s MetaTrader offering. The MT4 platform developer never charges you any commissions, but brokers can charge you commissions and spread fees from within the MT4 or MT5 platforms, depending entirely on the account type you open — which varies by broker. Though MT4 is still more widely used, the number of MT5 servers recently surpassed the number of MT4 servers globally (it took only a decade). This is mainly because more MT4-only brokers continue to launch MT5, offering the full MetaTrader suite, in addition to increasing the range of trading products available on MT5. MetaQuotes Software does not release any figures that reveal the number of brokers that use MT4.

However, make sure not to open your deals while you are in a subway or elevator. The apps do not appear to have been removed from Google’s Play Store. This could be a good moment to start searching for MT4 alternatives.

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The Landkreis Frankfurt was finally dispersed on 1 April 1910, and therefore Berkersheim, Bonames, Eckenheim, Eschersheim, Ginnheim, Hausen, Heddernheim, Niederursel, Praunheim, Preungesheim and Rödelheim joined the city. In the same year a new city district, Riederwald, was created on territory that had formerly belonged to Seckbach and Ostend. Frankfurt is the largest city in the state of Hesse in the western part of Germany. In 1585, Frankfurt traders established a system of exchange rates for the various currencies that were circulating to prevent cheating and extortion. The Frankfurter Messe (’Frankfurt Trade Fair’) was first mentioned in 1150.

• However, there are several MT4 alternatives available that offer unique features, enhanced security, and improved user experience.
• Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running macOS 12.5 to test MetaTrader on the go.
• The middle house became the city hall and was later connected with its neighbors.
• Even brokers that are not outright scams can use questionable dealing practices within the MetaTrader platform – such as providing poor execution and causing asymmetrical slippage.
• Notable live music venues of the past include the Sinkkasten Arts Club (1971–2011) and the King Kamehameha Club (1999–2013).
• However, beginners can brush up quickly with access to a large depth of educational materials.

Rüsselsheim is internationally known for its automobile manufacturer Opel, one of the biggest automobile manufacturers in Germany. With 20,000 employees in 2003, Opel was one of the five largest employers in Hesse. Some of the largest German construction companies have offices, e.g., mt4 alternatives Bilfinger Berger, Hochtief, Züblin and BAM Deutschland. PricewaterhouseCoopers (PwC) German headquarters are located at Tower 185. KPMG moved its European Headquarters (KPMG Europe LLP) to The Squaire. Deloitte Touche Tohmatsu are present, while Ernst & Young is located in Eschborn.

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Due to its location at the northern tip of the Upper Rhine Valley in the Southwest of Germany, Frankfurt is one of the warmest and driest major German cities along with Darmstadt, Mannheim, Karlsruhe and Freiburg im Breisgau. Summers in Frankfurt can get quite hot when compared to the rest of the country. On average, it sees 62 days with a daily high temperature above 25 °C and 18 days with a high above 30 °C per year. Together with these towns (and some larger nearby towns, e.g., Hanau, Rodgau, Dreieich, Langen) Frankfurt forms a contiguous built-up urban area called Stadtregion Frankfurt which is not an official administrative district.

However, depending on the broker, MT4 often comes with a range of other symbols — such as CFDs on indices, commodities, futures, energies, and metals. If you’d like to learn more about how CFDs work – or you’d just like to see our list of the best CFD trading platforms – check out our full-length guide to the Best CFD Brokers and Trading Platforms. Yes, you’ll need to open a live trading account with a supporting broker if you want to place real trades within the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. Any broker that offers the MetaTrader 4 (MT4) trading software can be considered an MT4 broker.

Sights in the Frankfurt Rhein-Main-Area

We also test MetaTrader on mobile devices; for Apple, we test using the iPhone XS running iOS 15, and for Android, we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 12. To determine the best MetaTrader 4 brokers for 2023, we researched and tested each individual broker’s MetaTrader offering. I’ve been covering the forex industry for over twenty years, and I always recommend choosing a forex broker that is properly licensed and regulated.