- Low fees on CFDs
- Automated Trading
- MetaTrader Platform
- Dedicated customer service
- Low fees on CFDs
- Automated Trading
- MetaTrader Platform
- Dedicated customer service
Is Pepperstone reliable?
Yes, Pepperstone is a reliable trading platform regulated by reputable authorities such as the FCA (United Kingdom) and ASIC (Australia). It ensures the security of funds through segregated accounts and advanced security protocols. Users appreciate the transparency and strict regulation that frame the operations on this platform.
Why choose Pepperstone?
Pepperstone stands out for its accessibility and tools tailored to all profiles. With an intuitive platform and powerful tools like cTrader, both beginners and experienced traders can take advantage of a wide range of assets, from currencies to indices. The focus is on competitive spreads and fast order execution.
What fees are there at Pepperstone?
Pepperstone offers attractive fees with spreads from 0 pips on Raw accounts, but with a small commission of $3.5 per lot. Standard accounts do not incur commissions, but spreads are slightly wider. No fees on deposits, and withdrawal fees are transparent and reasonable.
Who is Pepperstone for?
Pepperstone is perfect for traders of all levels. Beginners benefit from tutorials and demo accounts for practice, while advanced users appreciate the speed of the platform and access to high-end trading tools. Its variety of assets allows everyone to find their field.
Is it easy to withdraw funds from Pepperstone?
Withdrawing money from Pepperstone is a simple and fast process. You can make your withdrawals via bank transfer, credit card, or electronic wallets. Requests are typically processed within 1 to 2 business days, with transparent withdrawal fees and a clear process that is valued by many users.
Is Pepperstone reliable?
Yes, Pepperstone is a reliable trading platform regulated by reputable authorities such as the FCA (United Kingdom) and ASIC (Australia). It ensures the security of funds through segregated accounts and advanced security protocols. Users appreciate the transparency and strict regulation that frame the operations on this platform.
Why choose Pepperstone?
Pepperstone stands out for its accessibility and tools tailored to all profiles. With an intuitive platform and powerful tools like cTrader, both beginners and experienced traders can take advantage of a wide range of assets, from currencies to indices. The focus is on competitive spreads and fast order execution.
What fees are there at Pepperstone?
Pepperstone offers attractive fees with spreads from 0 pips on Raw accounts, but with a small commission of $3.5 per lot. Standard accounts do not incur commissions, but spreads are slightly wider. No fees on deposits, and withdrawal fees are transparent and reasonable.
Who is Pepperstone for?
Pepperstone is perfect for traders of all levels. Beginners benefit from tutorials and demo accounts for practice, while advanced users appreciate the speed of the platform and access to high-end trading tools. Its variety of assets allows everyone to find their field.
Is it easy to withdraw funds from Pepperstone?
Withdrawing money from Pepperstone is a simple and fast process. You can make your withdrawals via bank transfer, credit card, or electronic wallets. Requests are typically processed within 1 to 2 business days, with transparent withdrawal fees and a clear process that is valued by many users.
- Fast Customer Support
- No Fees on CFDs
- Copy Trading Available
- MetaTrader 4&5 Platform
- Fast Customer Support
- No Fees on CFDs
- Copy Trading Available
- MetaTrader 4&5 Platform
Is Vantage reliable?
Vantage is a reliable broker regulated by recognized authorities like ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, which are protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trusted platform.
Why choose Vantage?
Vantage stands out for its balance between accessibility and professional tools. Beginners benefit from guidance with demo accounts and educational materials, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a diverse range of assets and transparent fees, Vantage caters to a broad audience seeking reliable and powerful trading conditions.
What fees does Vantage charge?
Fees at Vantage are tailored to everyone. On ECN accounts, spreads start at 0 pips with a commission of $3 per lot. Standard accounts offer slightly higher spreads but without commission. There are no deposit or withdrawal fees, and inactivity costs are limited. With Vantage, you stay in control of your costs to invest efficiently.
Who is Vantage suitable for?
Vantage is ideal for traders looking for professional conditions, but is still accessible for beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources here.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is quick and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and low fees, so you can easily access your profits.
Is Vantage reliable?
Vantage is a reliable broker regulated by recognized authorities like ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, which are protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trusted platform.
Why choose Vantage?
Vantage stands out for its balance between accessibility and professional tools. Beginners benefit from guidance with demo accounts and educational materials, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a diverse range of assets and transparent fees, Vantage caters to a broad audience seeking reliable and powerful trading conditions.
What fees does Vantage charge?
Fees at Vantage are tailored to everyone. On ECN accounts, spreads start at 0 pips with a commission of $3 per lot. Standard accounts offer slightly higher spreads but without commission. There are no deposit or withdrawal fees, and inactivity costs are limited. With Vantage, you stay in control of your costs to invest efficiently.
Who is Vantage suitable for?
Vantage is ideal for traders looking for professional conditions, but is still accessible for beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources here.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is quick and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and low fees, so you can easily access your profits.
- Reduced fees on stocks
- Free demo account
- Copy Trading available
- 3% interest on uninvested cash
- Reduced fees on stocks
- Free demo account
- Copy Trading available
- 3% interest on uninvested cash
Is Avatrade reliable?
AvaTrade is a trustworthy broker regulated by key institutions, starting with the AMF in France, but also by the Central Bank of Ireland, ASIC (Australia), and the FSA (Japan). The company has been active since 2006 and offers solid guarantees, notably the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it enjoys the trust of both beginner and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. The tutorials, demo accounts, and free training help you learn at your own pace. The advanced tools like MT4/MT5 offer endless possibilities as you progress. You don't have to be an expert: AvaTrade adapts to you.
What fees does Avatrade charge?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity fees with regular use. You can focus on learning and your investments without surprises when paying.
Who is AvaTrade suitable for?
AvaTrade is suitable for everyone: Beginners can benefit from detailed training content and demo accounts, while advanced traders can find tools such as automated trading or vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Is Avatrade reliable?
AvaTrade is a trustworthy broker regulated by key institutions, starting with the AMF in France, but also by the Central Bank of Ireland, ASIC (Australia), and the FSA (Japan). The company has been active since 2006 and offers solid guarantees, notably the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it enjoys the trust of both beginner and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. The tutorials, demo accounts, and free training help you learn at your own pace. The advanced tools like MT4/MT5 offer endless possibilities as you progress. You don't have to be an expert: AvaTrade adapts to you.
What fees does Avatrade charge?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity fees with regular use. You can focus on learning and your investments without surprises when paying.
Who is AvaTrade suitable for?
AvaTrade is suitable for everyone: Beginners can benefit from detailed training content and demo accounts, while advanced traders can find tools such as automated trading or vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
- No Fees on ETFs
- Educational Resources
- Copy Trading Available
- 4.5% interest on uninvested funds
- No Fees on ETFs
- Educational Resources
- Copy Trading Available
- 4.5% interest on uninvested funds
Is IG reliable?
Yes, IG is a recognized trading platform regulated by leading authorities such as the FCA in the UK and the AMF in France. It protects customer funds through segregated accounts and ensures increased security. Many users confirm its reliability and transparency in handling transactions.
Why choose IG?
IG is ideal for beginners and experienced traders alike. Its simple user interface and practical tools such as the ProRealTime feature make it easier to learn trading. The platform offers a wide range of assets, from stocks to cryptocurrencies, while emphasizing an active community to exchange ideas and make progress together.
What fees does IG charge?
IG stands out with competitive fees, with no commissions on the purchase of stocks and ETFs. Spreads are affordable and there are no fees for deposits. However, inactivity fees may apply if your account is inactive for 2 years. The platform focuses on transparency to avoid surprises.
Who is IG suitable for?
IG is suitable for all types of investors. If you are a beginner, you will benefit from a clear user interface and demo accounts to learn at your own pace. For experienced traders, IG offers powerful tools and a wide range of assets, from stocks to options, to refine your trading strategies.
Is it easy to withdraw money from IG?
Withdrawing your money from IG is easy and fast. You can use various methods such as bank transfer, PayPal, or credit card. Withdrawals are processed quickly and the fees are transparent. Thousands of customers confirm the smooth process and direct access to their funds.
Is IG reliable?
Yes, IG is a recognized trading platform regulated by leading authorities such as the FCA in the UK and the AMF in France. It protects customer funds through segregated accounts and ensures increased security. Many users confirm its reliability and transparency in handling transactions.
Why choose IG?
IG is ideal for beginners and experienced traders alike. Its simple user interface and practical tools such as the ProRealTime feature make it easier to learn trading. The platform offers a wide range of assets, from stocks to cryptocurrencies, while emphasizing an active community to exchange ideas and make progress together.
What fees does IG charge?
IG stands out with competitive fees, with no commissions on the purchase of stocks and ETFs. Spreads are affordable and there are no fees for deposits. However, inactivity fees may apply if your account is inactive for 2 years. The platform focuses on transparency to avoid surprises.
Who is IG suitable for?
IG is suitable for all types of investors. If you are a beginner, you will benefit from a clear user interface and demo accounts to learn at your own pace. For experienced traders, IG offers powerful tools and a wide range of assets, from stocks to options, to refine your trading strategies.
Is it easy to withdraw money from IG?
Withdrawing your money from IG is easy and fast. You can use various methods such as bank transfer, PayPal, or credit card. Withdrawals are processed quickly and the fees are transparent. Thousands of customers confirm the smooth process and direct access to their funds.
- What is Metatrader 4?
- What Is a Metatrader 4 Broker?
- Why choose a broker offering Metatrader 4?
- The assets that can be traded with a Metatrader 4 broker
- How much does it cost to use Metatrader 4?
- The Target Audience for Metatrader 4 Brokers
- Alternatives to Metatrader 4 Brokers
- The Features of Metatrader 4
- How to Open a Metatrader 4 Account
- How to use Metatrader 4
- Our Advice for Choosing the Best Metatrader 4 Broker
- FAQ
What is Metatrader 4?
Metatrader 4, developed by MetaQuotes Software and introduced in 2005, is a widely used trading platform designed primarily for Forex and CFD trading, serving both retail and professional traders in Australia.
The platform offers essential features including real-time order execution, comprehensive technical analysis tools, and support for both manual trading and automated strategies through Expert Advisors (EAs).
Metatrader 4 is compatible with a large range of regulated brokers, and can be accessed on desktop computers (Windows and macOS), mobile devices (iOS and Android), and via web-based interfaces, offering flexibility for traders with different preferences and needs.
Despite the presence of more recent platforms on the market, Metatrader 4 continues to be highly regarded for its straightforward design, dependable performance, and robust ecosystem of community resources, custom indicators, and trading robots.
As a result, Metatrader 4 remains a relevant and trusted choice for Australian traders seeking reliability and flexibility in their trading environment.
What Is a Metatrader 4 Broker?
A broker Metatrader 4 in Australia serves as the regulated intermediary connecting traders to the Metatrader 4 platform, enabling participation in various financial markets through real-time price feeds, fast order execution, and robust technical infrastructure.
Not every broker offers compatibility with Metatrader 4, as integration requires specific licensing and technical setup to ensure secure market access within the local regulatory framework.
Brokers in Australia providing Metatrader 4 typically include a range of features and support designed to meet both beginner and advanced trading needs.
- Individual trading accounts with unique login credentials tailored for Metatrader 4 access
- Availability of diverse assets, including forex pairs, indices, commodities, cryptocurrencies, and stocks via CFDs
- Transparent trading conditions, detailing spreads, leverage, fees, and order execution speed or model
- Full support for fundamental Metatrader 4 functionalities such as automated trading (Expert Advisors), advanced technical indicators, and conditional order types
- Customer support and technical assistance specifically for Metatrader 4 users
Traders in Australia often prefer brokers offering Metatrader 4 for its stability, functionality, and seamless support of both manual and automated trading, which may not always be matched by proprietary broker platforms.
Why choose a broker offering Metatrader 4?
Choosing a broker that offers Metatrader 4 provides Australian traders with a well-established and trusted platform, recognised for its security, stability, and international popularity. Metatrader 4 is supported by numerous ASIC-regulated brokers in Australia, ensuring compliance with local standards and regulatory guidance. Its strong reputation and extensive community support make it an appealing choice for both novice and experienced traders assessing their platform options.
Advantages
- ✅ Broad compatibility with ASIC-regulated brokers and leading international platforms
- ✅ User-friendly interface, accessible for both beginners and experienced traders
- ✅ Extensive suite of technical analysis tools and advanced charting features
- ✅ Supports automated trading strategies using Expert Advisors (EAs)
- ✅ Large and active user community offering resources, plugins, and educational materials
- ✅ Stable and reliable trade execution, even during market volatility
- ✅ Flexible access on desktop, mobile, and web-based applications
Disadvantages
- ❌ User interface is less modern compared to the latest trading software
- ❌ Limited native asset and risk management tools
- ❌ Asset variety, such as shares or commodities, depends on broker availability
- ❌ Lacks built-in advanced security options like two-factor authentication
- ❌ Scripting and automation for advanced use may require technical skills
Summary
Metatrader 4 brokers provide Australian traders with a reputable, secure, and accessible trading environment. Their combination of robust features and broad support from regulated platforms makes them a reliable choice for traders who value consistency and flexibility in their trading activities.
The assets that can be traded with a Metatrader 4 broker
Brokers offering Metatrader 4 in Australia provide access to a variety of asset classes, typically through contracts for difference (CFDs). This model enables traders to speculate on the price movements of global financial instruments without owning the underlying assets, allowing for both portfolio flexibility and risk management.
| Category | Example Assets | Access Type | Interest with Metatrader 4 |
|---|---|---|---|
| Forex | AUD/USD, EUR/USD, USD/JPY | CFDs on Forex | High liquidity, local and global opportunities |
| Indices | ASX 200, S&P 500, Nikkei 225 | CFDs on Indices | Broad exposure, hedging market trends |
| Commodities | Gold, Crude Oil, Iron Ore | CFDs on Commodities | Resource trade, inflation hedging |
| Cryptocurrencies | Bitcoin, Ethereum, Litecoin | CFDs on Crypto | Volatility, alternative asset diversification |
| Stocks (CFD) | BHP, Commonwealth Bank, Tesla | CFDs on Stocks | Trade global shares, long/short flexibility |
Currencies (Forex)
With Metatrader 4, Australian brokers offer access to a broad spectrum of currency pairs via CFDs. This includes both major international pairs and AUD crosses, making the platform popular among forex traders for its analytical tools and automation options.
- AUD/USD
- EUR/USD
- USD/JPY
Stock indices
Indices can be traded as CFDs, letting users speculate on the performance of entire market sectors. This provides exposure to local and global economic trends, and is often used for hedging or broad diversification.
- ASX 200
- S&P 500
- Nikkei 225
Commodities
Commodities such as metals and energy assets are available as CFDs on Metatrader 4. Australian clients can trade popular instruments related to local and international markets, often using commodities for resource exposure or macroeconomic strategies.
- Gold
- Crude Oil
- Iron Ore
Cryptocurrencies
CFDs on cryptocurrencies give traders access to highly volatile digital assets using Metatrader 4. This allows for speculation on crypto price movements without managing digital wallets or direct exchange accounts.
- Bitcoin
- Ethereum
- Litecoin
Stocks (CFD)
Stocks from Australia and major international markets are accessible as CFDs. Metatrader 4 enables traders to profit from both rising and falling share prices, with exposure to leading companies in diverse sectors.
- BHP (Australia)
- Commonwealth Bank (Australia)
- Tesla (US)
Asset availability is determined by the broker and Australian regulatory permissions.
How much does it cost to use Metatrader 4?
For individual traders in Australia, using Metatrader 4 is typically free when accessed through a broker, as the platform itself does not charge fees directly to retail users. Instead, costs associated with trading on Metatrader 4 stem from the broker’s own pricing structure, conditions, and services.
| Fee Type | Explanation |
|---|---|
| Spread | The difference between the buy and sell price; brokers often include their profit in the spread. |
| Commission | A fixed or variable fee charged per trade, especially common with ECN brokers offering tighter raw spreads. |
| Swap/Overnight Fees | Charges applied when positions are held overnight; also known as rollover fees. |
| Inactivity Fees | A fee some brokers charge if your account remains unused for a certain period. |
| Deposit/Withdrawal Fees | Costs for funding your account or withdrawing profits; these vary based on method and broker policy. |
In addition to standard broker fees, traders using Metatrader 4 may encounter optional or extra costs associated with enhanced features or third-party services, depending on their trading approach and needs:
- Paid Expert Advisors (EAs) and signal subscriptions
- Custom indicators or proprietary scripts
- Virtual Private Server (VPS) rental for 24/7 automated trading
- Data or charting add-ons from external providers
Understanding these costs can help Australian traders effectively compare broker offers and make informed platform choices.
The Target Audience for Metatrader 4 Brokers
Brokers offering Metatrader 4 are suitable for a wide variety of trader profiles, from those just getting started in the markets to experienced professionals. This platform’s flexibility, user-friendly design, and advanced technical features enable individuals at all experience levels to trade efficiently and develop their own strategies within an accessible environment.
Trader profiles
| Profile | Characteristics | Relevance of Metatrader 4 |
|---|---|---|
| Beginner | New to trading, learning market basics, values simplicity | Intuitive interface, demo accounts, and comprehensive learning resources support first steps |
| Intermediate | Has trading experience, seeks flexible tools, starts exploring automation | Technical indicators, customisation options, and access to EAs enable growth and strategy testing |
| Expert | Professional skills, uses advanced analysis or automation, seeks high control | Supports algorithmic trading, extensive scripting, and tailor-made system development |
Metatrader 4 is particularly suitable for Forex and CFD trading, as well as for technical traders who rely on graphical analysis and indicators. However, traders seeking broad multi-asset or share trading—including direct market access to Australian stocks—might find limitations, as the platform’s primary strength is in derivatives and automated strategies.
Compatible objectives and strategies
| Strategy | Description | Why Metatrader 4 is suitable |
|---|---|---|
| Scalping | High-frequency, short-term trades aiming to capture small price moves | Fast execution, M1/M5 charts, and scripts to automate quick decisions |
| Day trading | Opening and closing positions within the same day | Real-time data, flexible order types, and strong charting capabilities |
| Swing trading | Holding trades for several days to follow broader trends | Advanced analysis tools and order management functions simplify planning |
| Automated trading | Using Expert Advisors to execute trades based on algorithms | Full support for EAs, strategy backtesting, and custom script development |
| Multi-asset | Simultaneous strategies on multiple instruments (mainly FX, indices, CFDs) | Multiple chart windows and broad CFD offering (within derivatives scope) |
In summary, Metatrader 4 stands out for its adaptability and strengths in supporting diverse trading styles and technical strategies, making it a core platform in the Australian trading landscape.
Alternatives to Metatrader 4 Brokers
While Metatrader 4 remains a reference point for many Australian traders, the evolving trading landscape now offers various alternative platforms. These competitors or in-house platforms may better suit traders seeking modern user interfaces, expanded spot market access, or more advanced charting and analytical experiences.
| Platform | Developed by | Key strengths | Target audience | Brokers |
|---|---|---|---|---|
| Metatrader 4 | MetaQuotes | Lightweight, automated trading, wide community support | Algorithmic traders, forex specialists | Pepperstone, IC Markets, FP Markets |
| MetaTrader 5 | MetaQuotes | Multi-asset, economic calendar, improved order types | Multi-asset and future traders | Pepperstone, FXTM, Admiral Markets |
| cTrader | Spotware Systems | Depth of market, advanced charting, intuitive interface | Visual and manual traders | Pepperstone, IC Markets, FP Markets |
| TradingView | TradingView Inc. | Social trading, browser-based, extensive indicators | Traders seeking advanced analysis/sharing | Eightcap, OANDA, Saxo |
| Proprietary platforms | Various brokers | Custom features, integrated local support, unique tools | Clients of specific brokers, mobile-focused | CommSec, IG, Saxo |
Key takeaway
Metatrader 4 remains a versatile and reliable platform, especially for traders who rely on automated trading, custom scripts, or require strong community resources.
The Features of Metatrader 4
| Feature | Description |
|---|---|
| 📊 Real-time trading | Execute trades instantly with live price updates and fast order execution |
| 🔍 Technical analysis tools | Use a wide selection of built-in and custom indicators for market analysis |
| ⚙️ Automated trading | Leverage scripts and Expert Advisors (EAs) to automate trading strategies |
| 📈 Interactive charts | Access multiple chart types and timeframes, customisable for detailed analysis |
| 🔔 Alerts | Set up notifications via sound, email, or push for price movements or order events |
| 🔒 Security | Enjoy secure data transmission and user authentication protocols |
| 📱 Multi-device compatibility | Trade seamlessly across desktop, web, and mobile platforms |
Metatrader 4 offers a comprehensive real-time trading environment with access to live market prices and the ability to execute orders rapidly. Order management is streamlined with functions like stop loss, take profit, and trailing stop, enabling traders in Australia to manage their positions and risk effectively.
The platform provides robust technical analysis capabilities, including over 30 built-in indicators and support for custom indicators. Traders can draw trend lines, channels, and other objects to perform in-depth market analysis.
Interactive charting tools allow users to view and analyse multiple asset classes using various chart types and customisable timeframes. This flexibility supports a wide range of trading strategies.
For those interested in automated trading, Metatrader 4 enables the creation and deployment of scripts and Expert Advisors (EAs). Traders can backtest these automated systems using historical data to refine their strategies before going live.
Alert systems help ensure traders never miss important market moves by providing sound, email, and push notifications for price triggers and order changes.
Multi-device compatibility ensures that users can monitor the markets and trade from their desktop, smartphone, or web browser, offering flexibility and convenience for traders across Australia.
Because of these strengths—real-time execution, diverse analytical tools, automation, and accessibility—Metatrader 4 remains highly regarded by both beginner and experienced traders.
How to Open a Metatrader 4 Account
Opening a Metatrader 4 account is done through a broker that supports the platform. After applying, traders receive login credentials, enabling them to connect to Metatrader 4 on their chosen device for secure and convenient access.
| Step | Description |
|---|---|
| Choose a compatible broker | Research and select a regulated broker in Australia offering Metatrader 4 accounts. |
| Complete registration form | Fill out the broker’s online application form with accurate personal and contact details. |
| Verify your identity (KYC) | Upload identification documents as required to satisfy Know Your Customer (KYC) regulations. |
| Select account type | Decide between a demo (practice) or live (real money) account. |
| Download Metatrader 4 | Install Metatrader 4 on your preferred device (PC, Mac, mobile) using the broker’s link. |
| Log in with credentials | Use the account number and password provided by your broker to access Metatrader 4. |
| Make your first deposit | Fund your live trading account through the broker’s secure payment methods if going live. |
Tip
It is highly recommended to start with a demo account to become familiar with Metatrader 4 features and trading conditions before moving to a live account with real money.
How to use Metatrader 4
Metatrader 4 is a comprehensive platform for managing all stages of trading—searching for assets, applying technical analysis tools, and executing orders. Below is a step-by-step guide to help you navigate and use Metatrader 4 effectively as a trader in Australia.
Search for an asset on Metatrader 4
- Open the Market Watch window from the main toolbar or by pressing Ctrl+M.
- Right-click in the Market Watch window and select “Symbols”.
- Search for your desired asset or select a category (such as Forex, Indices).
- Double-click the asset to make it visible in the Market Watch list.
- Drag and drop the asset onto a chart to open it.
Use indicators on Metatrader 4
- Click on “Insert” in the top menu, then choose “Indicators”.
- Select the type of indicator you need (e.g. Trend, Oscillators).
- Adjust indicator settings as required for your strategy.
- Click “OK” to apply the indicator to your current chart.
- You can add multiple indicators for more in-depth analysis.
Place an order with Metatrader 4
- Select the asset chart where you want to trade.
- Click the “New Order” button, either from the top toolbar or by right-clicking on the chart and choosing “Trading” then “New Order”.
- Set trade parameters: volume (lot size), Stop Loss, Take Profit.
- Choose the order type: Market or Pending.
- Click “Sell by Market” or “Buy by Market” to execute immediately, or set conditions for a pending order.
- The new order will then appear in the Terminal window under the “Trade” tab.
Practical example
Suppose you wish to buy EUR/USD. Open the EUR/USD chart, click “New Order”, set a volume (e.g. 0.1 lot), a Stop Loss (e.g. 30 pips below the entry), and a Take Profit (e.g. 50 pips above). Once confirmed, your trade will be listed in the Terminal.
Metatrader 4 also offers a one-click trading mode, which enables faster order placement directly from the chart—ideal for active traders and scalpers who require rapid execution.
Our Advice for Choosing the Best Metatrader 4 Broker
Not every Metatrader 4 broker in Australia offers the same standards of trust, costs, or features. Traders should assess a range of technical, financial, and regulatory criteria before making a decision. The goal is to find a broker that is reliable and matches your personal trading profile and strategy.
| 🔎 Criterion / Advice | Description | Why it matters |
|---|---|---|
| 🏦 Regulation | Broker holds an Australian Financial Services Licence (AFSL) from ASIC | Protects funds and ensures compliance with Australian law |
| ⚡ Execution type | STP, ECN, or market-maker model | Influences order speed, price fairness, and transparency |
| 💲 Spreads and fees | Evaluate spreads, commissions, and swaps | Affects your trading costs and net results |
| 📊 Leverage | Maximum and adjustable leverage limits | Impacts your potential profit and risk exposure |
| 🏛️ Available assets | Forex, CFDs, commodities, indices, and shares | Offers flexibility in trading multiple instruments |
| 🧩 MT4 tool compatibility | Ability to use EAs, custom indicators, and scripts on Metatrader 4 | Enables advanced trading strategies and automation |
| 🧪 Demo account availability | Free practice account with real-time market conditions | Lets you test the broker’s environment risk-free |
| 📞 Customer service | Accessible and knowledgeable support, preferably local | Ensures fast help and resolution if issues occur |
| 🧰 Platform testing advice | Trial the MT4 platform and broker features before trading live | Reveals execution quality and platform stability |
Tip
Always look beyond marketing claims and objectively assess brokers using these criteria. Test their platform on a demo account thoroughly before making any deposit or trading with real money.
FAQ
Why choose a broker offering Metatrader 4 rather than another type of platform?
Metatrader 4 is known for its reliability, user-friendly design, and widespread support from brokers globally, including those regulated in Australia.
Traders appreciate its advanced charting tools, automated trading options, and large community offering custom indicators and strategies.
Choosing a broker that supports Metatrader 4 gives you access to a proven platform widely trusted by both beginners and experienced traders.
How to install Metatrader 4 and connect to my broker account?
To start, download Metatrader 4 from your broker’s website or the official provider.
Install the software and open it, then use the login details provided by your broker to connect your trading account.
You can access your account from desktop, web, or mobile versions by entering your broker’s server details along with your credentials.
What types of assets can I trade with a Metatrader 4 broker?
Metatrader 4 brokers typically offer trading in forex currency pairs, as well as CFDs on indices, commodities, and sometimes cryptocurrencies and shares.
The available asset range depends on the broker’s specific product offering and local regulation in Australia.
Always check the broker’s asset list before opening an account to ensure your preferred markets are supported.
Are Metatrader 4 brokers regulated and reliable?
Many Australian brokers offering Metatrader 4 are regulated by ASIC, which sets standards for financial safety and transparent operations.
Reliable brokers publicly display their regulation status and provide clear information about client fund protection.
Always verify a broker’s licence before depositing funds and avoid unregulated offshore providers.
Can I trade on Metatrader 4 from a mobile or tablet?
Yes, Metatrader 4 is available as a mobile app for iOS and Android devices as well as in a web version.
This lets you monitor markets, manage positions, and place orders from your phone or tablet, with most functions accessible on the go.
Mobile access is especially useful for active traders who need flexibility.
What fees should I expect with a Metatrader 4 broker (spread, commission, swap)?
Common fees include the spread (the difference between buy and sell prices), possible commissions per trade, and overnight swap costs for positions held after market close.
Fee structures vary by broker and account type, so always review the broker’s pricing documentation before trading.
Australian brokers must also disclose all mandatory costs in accordance with local regulations.
Why choose a broker offering Metatrader 4 rather than another type of platform?
Metatrader 4 is known for its reliability, user-friendly design, and widespread support from brokers globally, including those regulated in Australia.
Traders appreciate its advanced charting tools, automated trading options, and large community offering custom indicators and strategies.
Choosing a broker that supports Metatrader 4 gives you access to a proven platform widely trusted by both beginners and experienced traders.
How to install Metatrader 4 and connect to my broker account?
To start, download Metatrader 4 from your broker’s website or the official provider.
Install the software and open it, then use the login details provided by your broker to connect your trading account.
You can access your account from desktop, web, or mobile versions by entering your broker’s server details along with your credentials.
What types of assets can I trade with a Metatrader 4 broker?
Metatrader 4 brokers typically offer trading in forex currency pairs, as well as CFDs on indices, commodities, and sometimes cryptocurrencies and shares.
The available asset range depends on the broker’s specific product offering and local regulation in Australia.
Always check the broker’s asset list before opening an account to ensure your preferred markets are supported.
Are Metatrader 4 brokers regulated and reliable?
Many Australian brokers offering Metatrader 4 are regulated by ASIC, which sets standards for financial safety and transparent operations.
Reliable brokers publicly display their regulation status and provide clear information about client fund protection.
Always verify a broker’s licence before depositing funds and avoid unregulated offshore providers.
Can I trade on Metatrader 4 from a mobile or tablet?
Yes, Metatrader 4 is available as a mobile app for iOS and Android devices as well as in a web version.
This lets you monitor markets, manage positions, and place orders from your phone or tablet, with most functions accessible on the go.
Mobile access is especially useful for active traders who need flexibility.
What fees should I expect with a Metatrader 4 broker (spread, commission, swap)?
Common fees include the spread (the difference between buy and sell prices), possible commissions per trade, and overnight swap costs for positions held after market close.
Fee structures vary by broker and account type, so always review the broker’s pricing documentation before trading.
Australian brokers must also disclose all mandatory costs in accordance with local regulations.
