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Best 4-Digit Forex Brokers
Quotes with four characters after the decimal point are more common, and they are called “old” among traders. All popular 4-digit brokers support trading with the points of this type. It is important to emphasize that the best 4 digit Forex brokers also often allow their clients to choose the number of decimal places. Through this, the brokers supporting 4-digit values are striving to create universal terms for MT4 traders.
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| Company | # | Logo | Forex broker | Founded | Regulated | Reviews | Payment systems | Broker type(?) | Min. Deposit | Max. leverage |
Live spread EUR/USD |
Live spread GBP/USD |
Live spread USD/CHF |
Live spread USD/CAD |
Live spread USD/JPY |
Live spread AUD/USD |
Live spread NZD/USD |
Live spread EUR/AUD |
Live spread EUR/CAD |
Live spread EUR/CHF | Deposit bonus | Account |
|---|
Key Features of 4 digit Forex brokers
By their nature, these quotes do not differ from their five-digit counterparts, and therefore trading algorithm in both the above cases is exactly the same. 4 digit Forex brokers from the list are more advantageous for users because they work with long-term projections and major transactions. In this case, they probably will not even notice the difference between four and five points.
The best 4 digit Forex brokers support the work of automated trading advisors and provide the best conditions for comfortable and successful trading. However, if you are going to use a scalping strategy, we recommend that you choose to work with brokers supporting five-digit values.
On this page, you can find the list of the best 4 digit Forex brokers, so you will definitely be able to choose the right broker for successful trading. In general, we can say with full confidence that the choice of a MT4 4 digit Forex broker by the number of decimal places is largely a matter of habit. Therefore, the best option in this case depends entirely on your preferences.