at best MT4 broker we believe the following list is what you need to go by in order to find your brokerage
Range of Trading Instruments – It is beneficial to be able to invest in several financial markets at the same time. A good choice is to work with a broker that offers a wide variety of markets to trade on, such as CFDs on indices or commodities and cryptocurrencies, stocks, or ETFs.
Different Types of Trading Accounts – A good broker should offer you several types of accounts with different benefits for specific styles of trading, such as those with higher protections, or greater leverage or spreads,
Forex Broker Regulation – It is important to open an account with a regulated broker. thou this is not saying that there are also not good unregulated brokers, it is just something that yo need to take in consideration , regulated brokers often come with many restrictions that unregulated brokers do not have , so depending on your trading requirements and needs you need to make the choice.
Trading Platform – A trading platform that you are comfortable with and that fits your individual needs is essential. MetaTrader 4 (MT4), or other platform.
Spreads – There’s nothing wrong about searching for a broker with the lowest spreads, but watch out for marketing techniques. A lower spread advertised on the website does not necessarily mean that you will continuously have the spread.
Looking for a competitive broker by focusing on offerings of low spreads is not necessarily the best idea, as a displayed average spread does not guarantee that it applies to your specific type of order.
Optional Leverage – Forex is a market that is often traded with leverage. To manage a trading position and account, being aware of your leverage allowance is very important.
Education – Forex brokers offer training sessions and education. For beginners in trading, it is essential to understand the trading terminology, so a broker with proper training tools is always a better choice.
Order Execution Quality and Slippage – Having low spreads is a good start, but having orders executed at the asking price is an even more useful offer.
Allows for Hedging and Scalping – If you are looking for high-frequency day trading, make sure there are no limits on trading styles. A scalping broker has no minimum period of time to wait between the market price, the stop-loss, and the take-profit.
Custom Tools and add-ons – Good service providers should offer valuable support for their traders. They then should made them available for its live Forex and CFD trading accounts, and its demo trading account. These tools aim to help Forex and CFD traders make more money, with less effort.
Fund Security – Choose a Forex broker with bank accounts in Europe, in particular, with diversified lender accounts.
Customer Service – Having a FX broker that’s dedicated to its customers is much more practical and reliable for trader