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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 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 spreadEUR/USD | Live spreadGBP/USD | Live spreadUSD/CHF | Live spreadUSD/CAD | Live spreadUSD/JPY | Live spreadAUD/USD | Live spreadNZD/USD | Live spreadEUR/AUD | Live spreadEUR/CAD | Live spreadEUR/CHF | Deposit bonus | Account |
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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 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 be able to choose the right broker for successful trading. In general, we can say with full confidence that the choice of an 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.