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MetaTrader 4 makes money by selling software licenses to brokers whom users can partner with to open live accounts. So in order to open a live account, you’ll need to pick a brokerage and submit ...
The broker also charges no trading fees on more than 17,000 mutual funds, though other fund expenses may apply, depending on the fund. Best for: Low trading commissions, Ally Bank customers
MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. The software consists of both a client and server ...
MT4 ECN Bridge is a technology that allows a user to access the interbank foreign exchange market through the MetaTrader 4 (MT4) electronic trading platform.MT4 was designed to allow trading between a broker and its clients, so it did not provide for passing orders through to wholesale forex market via electronic communication networks (ECNs). [1]
The broker was founded and is chaired by Thomas Peterffy, an early innovator in computer-assisted trading. Approximately 23.5% of the company is publicly held. [1] Interactive Brokers is ranked 473rd on the Fortune 500. [3] The company traces its roots to T.P. & Co., a market maker founded in 1977 and renamed Timber Hill Inc. in 1982.
Broker resources: You’ll also want to consider factors such as research tools, the quality of the digital trading app, and the ability to place trades quickly and reliably, among other details.
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