ALT NON MT4 BROKERS

While  MT4 remains the industry’s most popular and widely used trading platform, many brokers go for alternative options.  Here is a brief overview of the major non-MT4 platforms available on the market.

Selecting the Forex Broker or a trading platform? It is our top priority to choose the most reliable and Safe Forex Trading Provider and who are Brokers to Avoid. We have done deep research, compared numerous Forex Brokers, trading conditions and made a detailed Review of Most Popular Forex brokers to assist your selection and answer most common questions.

Unregulated Brokers

The Forex Market currently is the largest offering worldwide with hundreds of opportunities and high potential gains, while investors or traders from around the globe seek the most convenient platforms with access to trade.

• Among the market proposals, there is a huge number of brokerage firms while some of the companies are regulated, means hold a license or authorized by the industry regulator and some companies are not regulated by any. Read about Forex via Wikipedia.
• Therefore, it is a decision of the company where to establish its branch, office or entity, means under which regulation and laws to comply. While most reputable and scrupulous Brokers will look for serious jurisdictions like UK with FCA Regulation or Australia under ASIC overseeing.
• In case Broker decide not to be regulated, it can be that either the company saving operational cost since the licensing requires strict capital maintenance and can be very costly. Alternatively, the company might be a deceptive Broker with allegedly professional services seeking the frauds.