- 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.
- Low fees on indices
- Free demo account
- Option for automated trading
- MetaTrader Platform
- Low fees on indices
- Free demo account
- Option for automated trading
- MetaTrader Platform
Is EightCap reliable?
Yes, EightCap is a reliable platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a strictly regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe choice recognized in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide range of assets and tools like MT4 and MT5, ideal for sophisticated traders. Are you a beginner? No problem: Demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What fees does EightCap charge?
At EightCap, fees depend on the account chosen: Raw accounts have spreads from 0 pips with a commission of $3.5 per lot. Standard accounts have slightly higher spreads, but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you a beginner? Use guides and demo accounts to understand the basics. Are you more advanced? With tools like MT5 and competitive spreads, you can further develop your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your profits from EightCap is easy and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a reliable platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a strictly regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe choice recognized in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide range of assets and tools like MT4 and MT5, ideal for sophisticated traders. Are you a beginner? No problem: Demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What fees does EightCap charge?
At EightCap, fees depend on the account chosen: Raw accounts have spreads from 0 pips with a commission of $3.5 per lot. Standard accounts have slightly higher spreads, but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you a beginner? Use guides and demo accounts to understand the basics. Are you more advanced? With tools like MT5 and competitive spreads, you can further develop your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your profits from EightCap is easy and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
- 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 AvaFutures reliable?
AvaFutures 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 AvaFutures?
AvaFutures 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: AvaFutures adapts to you.
What fees does AvaFutures charge?
AvaFutures 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 AvaFutures suitable for?
AvaFutures 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, AvaFutures is an excellent choice.
Is it easy to withdraw money from AvaFutures?
Yes, AvaFutures 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 AvaFutures reliable?
AvaFutures 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 AvaFutures?
AvaFutures 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: AvaFutures adapts to you.
What fees does AvaFutures charge?
AvaFutures 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 AvaFutures suitable for?
AvaFutures 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, AvaFutures is an excellent choice.
Is it easy to withdraw money from AvaFutures?
Yes, AvaFutures 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 Stocks
- Unlimited Demo Account
- Copy Trading Available
- 4.5% interest on uninvested capital
- No Fees on Stocks
- Unlimited Demo Account
- Copy Trading Available
- 4.5% interest on uninvested capital
Is XTB reliable?
XTB is a reliable broker regulated in France by the AMF and supervised by reputable authorities such as the FCA and CySEC. It protects its clients' funds in segregated accounts, guaranteeing a secure trading environment. With millions of users, XTB is establishing itself as a reliable and transparent platform.
Why Choose XTB?
XTB stands out with its intuitive platform and powerful tools like xStation, ideal for all levels. With a wide range of assets, including stocks, cryptos, and forex, investing becomes accessible. Furthermore, the extensive educational content enables traders to develop quickly and become more autonomous.
What fees does XTB charge?
XTB offers competitive fees, especially 0% commission on the purchase of stocks and ETFs. Spreads are attractive and deposits are free. Withdrawals over $100 are free, and prolonged inactivity may result in fees after one year. Transparency is at the heart of the model.
Who is XTB for?
XTB is suitable for both beginners and experienced investors. Beginners will appreciate the educational resources and ease of use, while experienced traders will benefit from advanced tools and a wide selection of assets to diversify their strategies.
Is it easy to withdraw money from XTB?
XTB facilitates withdrawals thanks to various options such as bank transfer and e-wallets. Requests are usually processed within 24 hours, ensuring quick access to funds. There are no fees above a certain amount, and the process is clear and secure.
Is XTB reliable?
XTB is a reliable broker regulated in France by the AMF and supervised by reputable authorities such as the FCA and CySEC. It protects its clients' funds in segregated accounts, guaranteeing a secure trading environment. With millions of users, XTB is establishing itself as a reliable and transparent platform.
Why Choose XTB?
XTB stands out with its intuitive platform and powerful tools like xStation, ideal for all levels. With a wide range of assets, including stocks, cryptos, and forex, investing becomes accessible. Furthermore, the extensive educational content enables traders to develop quickly and become more autonomous.
What fees does XTB charge?
XTB offers competitive fees, especially 0% commission on the purchase of stocks and ETFs. Spreads are attractive and deposits are free. Withdrawals over $100 are free, and prolonged inactivity may result in fees after one year. Transparency is at the heart of the model.
Who is XTB for?
XTB is suitable for both beginners and experienced investors. Beginners will appreciate the educational resources and ease of use, while experienced traders will benefit from advanced tools and a wide selection of assets to diversify their strategies.
Is it easy to withdraw money from XTB?
XTB facilitates withdrawals thanks to various options such as bank transfer and e-wallets. Requests are usually processed within 24 hours, ensuring quick access to funds. There are no fees above a certain amount, and the process is clear and secure.
- 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
- The Cost of Using Metatrader 4
- Who are Metatrader 4 brokers for?
- 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
- On the same topic
What is Metatrader 4?
Metatrader 4, developed by MetaQuotes Software and launched in 2005, is a widely used electronic trading platform designed primarily for Forex and CFD trading.
It caters to both retail and professional traders by offering real-time order execution, advanced charting tools for technical analysis, and the ability to implement manual or automated trading strategies through Expert Advisors (EAs).
Metatrader 4 is compatible with a broad range of brokers, as well as various operating systems and devices including Windows, macOS, mobile apps for iOS and Android, and web-based versions.
Its continued popularity, even as newer platforms emerge, is due to its user-friendly interface, reliable performance, and a strong global ecosystem that supports thousands of community-contributed indicators, scripts, and trading robots.
Today, Metatrader 4 remains a highly relevant choice for traders in New Zealand who require a versatile and proven trading environment.
What is a Metatrader 4 broker?
A broker Metatrader 4 is a financial services provider that enables traders to access the Metatrader 4 trading platform, with the necessary technical infrastructure for real-time market data and order execution.
The broker acts as a bridge between the trader and the financial markets, delivering pricing information, trade processing, and ongoing support.
It’s important to note that not all brokers are equipped to support Metatrader 4, as compatibility requires dedicated integration and licensing.
- A trading account with specific login credentials for use on the Metatrader 4 platform
- Access to a broad range of tradable assets, including forex, indices, commodities, cryptocurrencies, and stocks (mainly via CFDs)
- Transparent trading conditions, detailing spreads, available leverage, trading fees, and order execution quality
- Full support for Metatrader 4’s key features, such as automated trading with Expert Advisors, technical indicators, and the ability to place various order types (including stop and limit orders)
- Assistance with technical issues and platform use, tailored to the needs of both new and experienced traders
For many traders in New Zealand, choosing a broker offering Metatrader 4 means benefiting from a familiar, feature-rich platform rather than relying on less flexible or proprietary alternatives.
Why choose a broker offering Metatrader 4?
Choosing a broker that offers Metatrader 4 is highly valuable for traders in New Zealand, as the platform is widely recognised for its reliability, industry reputation, and broad popularity among both retail and professional users. Metatrader 4 works with many regulated brokers in the NZ market, ensuring a secure and compliant trading experience. Its robust features, flexibility, and strong global community make it an appealing choice for those comparing trading platforms and brokers in New Zealand.
Advantages
- ✅ Wide compatibility with regulated New Zealand brokers
- ✅ Intuitive interface suited for beginners and experienced traders alike
- ✅ Stable order execution and reliable platform infrastructure
- ✅ Comprehensive library of technical indicators and charting options
- ✅ Full support for automated trading via Expert Advisors (EAs)
- ✅ Access to a vast global community with shared custom scripts and trading robots
- ✅ Availability on desktop, web, and mobile for trading flexibility
Disadvantages
- ❌ Interface and graphics may appear outdated compared to recent trading platforms
- ❌ Some asset classes may be limited depending on the broker’s offering
- ❌ Fewer integrated risk management tools than some newer software solutions
- ❌ Lacks native advanced security features such as two-factor authentication
- ❌ Not always directly compatible with third-party portfolio analysis tools
Summary
Metatrader 4 brokers remain a strong option for New Zealand traders who value stability, solid infrastructure, and a user-friendly environment, making it especially suitable for those looking for a trustworthy and accessible trading platform.
The assets that can be traded with a Metatrader 4 broker
Brokers offering Metatrader 4 in New Zealand allow traders to access multiple asset classes, most commonly through contracts for difference (CFDs). This approach lets you speculate on the price movements of diverse financial instruments without the need to own the actual underlying assets, enabling flexibility and efficient portfolio diversification.
| Category | Example Assets | Access Type | Interest with Metatrader 4 |
|---|---|---|---|
| Forex | NZD/USD, EUR/USD, AUD/JPY | CFDs on Forex | Broad selection, high liquidity, advanced tools |
| Indices | NZX 50, S&P 500, ASX 200 | CFDs on Indices | Global market access, diversification |
| Commodities | Gold, Oil, Dairy, Silver | CFDs on Commodities | Hedge inflation, diverse risk management |
| Cryptocurrencies | Bitcoin, Ethereum, Ripple | CFDs on Crypto | 24/7 market, high volatility |
| Stocks (CFD) | Fisher & Paykel, Apple, Tesla | CFDs on Stocks | Trade global shares, short-term speculation |
Currencies (Forex)
Metatrader 4 supports trading a wide variety of currency pairs via CFDs, including major, minor, and exotic pairs. New Zealand traders often focus on locally relevant and global pairs.
Common pairs available include:
- NZD/USD
- EUR/USD
- AUD/JPY
The market’s high liquidity and 24-hour trading cycle are key benefits.
Stock indices
Stock indices are offered as CFDs on Metatrader 4, allowing traders to gain exposure to the performance of groups of stocks representing major global economies or local markets. Indices enable broader market strategies and efficient diversification.
Typical indices found with NZ brokers:
- NZX 50
- S&P 500
- ASX 200
Commodities
Trading commodities via Metatrader 4 is typically done through CFDs, letting traders speculate on the price of raw materials such as metals, energy, and agricultural products. This asset class is useful for hedging and diversifying.
Examples include:
- Gold
- Oil
- Dairy
- Silver
Cryptocurrencies
Many brokers offer cryptocurrencies as CFDs on Metatrader 4 so traders can access digital asset markets without a separate wallet. Crypto assets are known for their round-the-clock trading and significant volatility.
Popular examples:
- Bitcoin
- Ethereum
- Ripple
Stocks (CFD)
Metatrader 4 provides access to both local and international shares through CFDs, letting you speculate on stock price movements without direct ownership. Shares from top New Zealand-listed companies, as well as major US or global stocks, are commonly included.
Key stocks available may include:
- Fisher & Paykel
- Apple
- Tesla
Asset availability depends on each broker’s selection.
The Cost of Using Metatrader 4
Using Metatrader 4 is typically free for individual traders in New Zealand, as the platform is provided by most brokers at no extra charge. The main costs associated with using Metatrader 4 generally arise from the trading conditions set by each broker rather than from the platform itself.
| Fee Type | Explanation |
|---|---|
| Spread | The difference between the buy and sell price for each asset, can vary by market and broker. |
| Commission | Fixed or variable transaction fees set by the broker, often applied to specific account types. |
| Swap/Overnight Fees | Interest charged or earned for holding a position overnight, varies by instrument and broker. |
| Inactivity Fees | Charges that may apply if no trades or account activity occur over a certain period. |
| Deposit/Withdrawal Fees | Potential costs for depositing or withdrawing funds, depending on payment method and broker. |
In addition to standard trading fees, some optional or extra costs may arise when using Metatrader 4 if traders choose to enhance or customise their trading experience:
- Purchase or rental of Expert Advisors (automated trading bots)
- Buying custom or premium indicators and scripts
- VPS server rental for uninterrupted automated trading
Who are Metatrader 4 brokers for?
Brokers offering Metatrader 4 are suitable for a wide range of trader profiles in New Zealand, from those just starting out to highly experienced professionals. This suitability is due to the platform’s flexibility, straightforward accessibility, and advanced set of features that cater to different learning curves and trading needs.
Trader profiles
| Profile | Characteristics | Relevance of Metatrader 4 |
|---|---|---|
| Beginner | New to trading, needs intuitive interface and guidance | Metatrader 4 is user-friendly, well-documented, and popular for learning efficient trading basics. |
| Intermediate | Has some market experience, explores technical tools | Offers advanced charting, indicators, and strategies, supporting skill development. |
| Expert | Highly experienced, uses advanced strategies or automation | Allows advanced analysis, custom indicators, and algorithmic trading, making it ideal for expert use. |
Metatrader 4 is particularly suitable for trading highly liquid markets like Forex and CFDs, and is valued by technical traders for its robust charting and analysis tools. However, access to certain asset classes such as shares or options may be limited, depending on the broker’s specific offering.
Compatible goals and strategies
| Strategy | Description | Why Metatrader 4 is suitable |
|---|---|---|
| Scalping | Multiple quick trades to profit from small price moves | Fast order execution and customizable tools for precision trading. |
| Day trading | Closing all trades within a single trading session | Real-time data and efficient order management. |
| Swing trading | Holding positions from days to weeks | Detailed charting and technical analysis for trend identification. |
| Automated trading | Using algorithms or EAs to trade automatically | Supports a wide range of automated strategies via Expert Advisors and scripts. |
| Multi-asset | Engaging in different asset classes within one platform | Many brokers offer forex, indices, and commodities via CFDs on Metatrader 4. |
In summary, Metatrader 4 stands out for its versatility and strong support for various trading profiles and strategies, making it a reliable platform for many different trading styles in New Zealand.
Alternatives to Metatrader 4 Brokers
While Metatrader 4 is widely regarded as a benchmark platform for New Zealand traders, the market also offers a range of alternatives developed by competing providers and brokers. These platforms may be more attractive to those seeking advanced modern features, direct spot market access, or a richer visual and social trading experience.
| Platform | Developed by | Key strengths | Target audience | Brokers |
|---|---|---|---|---|
| Metatrader 4 | MetaQuotes | Automation, huge indicator library, reliable core trading | Forex & CFD traders, algorithmic users | BlackBull, CMC Markets, IG |
| MetaTrader 5 | MetaQuotes | Multi-asset support, advanced analytics, new order types | Multi-asset and futures traders | BlackBull, CMC Markets, Pepperstone |
| cTrader | Spotware | Intuitive UI, depth of market, advanced order control | FX traders, day traders | FXPro, IC Markets, Pepperstone |
| TradingView | TradingView Inc. | Web-based, social insights, powerful charting, Pine Script | Visual/technical and crypto traders | BlackBull, Eightcap, Uphold |
| Proprietary | Major brokers | Custom features, integration, spot equities/options access | Equities, ETF & options traders | ASB Securities, Craigs IP |
To remember
Metatrader 4 remains a robust and flexible solution in New Zealand, notably valued by traders who require automation, programmable strategies, or access to a broad FX/CFD market.
The features of Metatrader 4
| Feature | Description |
|---|---|
| ⏰ Real-time trading | Provides up-to-the-second market prices and fast order execution |
| ⚙️ Order management | Includes stop loss, take profit, and trailing stop features for effective trade risk management |
| 📈 Technical analysis tools | Built-in and custom indicators, oscillators, and drawing tools for advanced market analysis |
| 📊 Interactive charts | Multiple chart types and timeframes, zoom, and analysis tools for detailed price action tracking |
| 🤖 Automated trading | Supports scripts and Expert Advisors (EAs), including backtesting of trading strategies |
| 🔔 Alerts and notifications | Personalised alerts by sound, email, or push notification for timely updates and price levels |
| 🔒 Security | Data encryption and account protection for safe trading |
| 📱 Multi-device support | Accessible via desktop, mobile (iOS/Android), and web platforms |
Metatrader 4 delivers a real-time trading environment with precise, reliable market data and swift trade execution—crucial for active trading in New Zealand’s fast-moving financial markets. It also offers a full suite of order management tools, including stop loss, take profit, and trailing stops, enabling traders to protect capital and automate exit strategies efficiently.
Technical analysis is supported through a wide range of built-in indicators, custom indicator integration, and drawing tools, all available within flexible interactive charts that can be customised for different trading styles and timeframes. The platform’s charting capabilities help users identify trends, evaluate volatility, and adjust strategies with high precision.
Automated trading is a central feature, with full support for scripts and Expert Advisors (EAs), allowing users to automate strategies and test them using historical price data. The alert system offers flexible notification methods—sound, email, or push notification— to ensure traders never miss important price levels or system events.
Multi-device compatibility allows traders in NZ to monitor markets and manage trades from desktop, mobile, or web platforms, supporting a seamless transition between work and travel.
These combined features contribute to why Metatrader 4 remains highly valued by both novice and experienced traders in New Zealand looking for a powerful, adaptable trading solution.
How to Open a Metatrader 4 Account
To open a Metatrader 4 account, traders in New Zealand must sign up with a broker that offers access to the platform. Once the account setup is complete, the broker provides login credentials so traders can connect to Metatrader 4 on their chosen device—desktop, mobile, or web.
| Step | Description |
|---|---|
| Choose a broker | Select a New Zealand-compliant broker supporting Metatrader 4 |
| Complete the registration form | Fill in the broker’s online application with your personal details |
| Verify your identity (KYC) | Provide required identification and proof of address to comply with regulations |
| Select account type | Choose between a demo account (for practice) or live account (for real trades) |
| Download Metatrader 4 | Install the platform on your device (PC, Mac, smartphone, or tablet) |
| Log in with broker credentials | Use the given username, password, and server to access your account |
| Make your first deposit | Fund your account if you wish to start trading live |
Tip
Start with a demo account to learn how Metatrader 4 works in a risk-free environment before moving to a live trading account.
How to use Metatrader 4
Metatrader 4 is a comprehensive platform designed for efficient trading management. This guide will take you step by step through the key features, helping you navigate and operate Metatrader 4 effectively.
Search for an asset on Metatrader 4
- Open the “Market Watch” window (Ctrl+M or via the “View” menu) to display a list of available trading instruments.
- If the asset you want isn’t visible, right-click in Market Watch and select “Show All” to list all available assets.
- To add a specific asset, right-click and select “Symbols,” then find and highlight the asset, clicking “Show.”
Use indicators on Metatrader 4
- Click on the “Insert” menu and select “Indicators.”
- Choose the indicator you want, such as Moving Average, MACD, or RSI.
- Adjust the indicator parameters in the pop-up window as needed.
- The indicator will appear on your active price chart.
- Remove an indicator by right-clicking it on the chart and selecting “Delete Indicator.”
Place an order with Metatrader 4
- In the Market Watch window, select the asset you want to trade.
- Click the “New Order” button or right-click the asset and choose “New Order.”
- Specify your trade volume (lot size).
- Set desired stop loss and take profit levels.
- Select order type:
- “Market Execution” for immediate trades
- “Pending Order” for scheduled trades
- Click “Buy” or “Sell” to place your trade.
Practical example
Let’s say you want to buy EUR/USD. Open a new order, set the volume to 0.10 lots, and define a stop loss at 1.0800 and a take profit at 1.0950. After placing the order, it will appear in the “Trade” tab, showing the instrument, lot size, stop loss, and take profit parameters.
Metatrader 4 also supports one-click trading. This feature enables instant order execution directly from the chart, which is especially useful for active traders and scalpers who need to react quickly to market movements.
Our advice for choosing the best Metatrader 4 broker
Not all Metatrader 4 brokers offer the same standards or services. It is essential for traders to compare various technical, financial, and regulatory aspects to make an informed decision. The key aim is to select a reliable broker that aligns with your profile and fits your trading strategy.
| 🔎 Criterion / Advice | Description | Why it matters |
|---|---|---|
| 🛡️ Regulation | Check the broker is licensed by New Zealand’s FMA or a reputable international authority. | Ensures legal protection for your funds and promotes transparency. |
| ⚡ Execution type | Compare ECN/STP execution with dealing desk models. | Affects trade speed, pricing accuracy, and conflict of interest. |
| 💸 Spreads and fees | Review spread type (fixed/variable), and additional charges such as commissions or inactivity fees. | Determines your trading costs and profit potential. |
| 🏦 Leverage | Identify the maximum leverage available, and consider how it aligns with NZ rules. | Impacts risk management and potential position sizes. |
| 📈 Available assets | Evaluate range of tradable instruments: Forex, commodities, indices, and CFDs. | Supports trading diversity and multiple strategies. |
| 🛠️ MT4 tool compatibility | Ensure the broker supports all Metatrader 4 features, such as automated trading systems. | Allows full use of the platform’s functionality. |
| 🧪 Demo account availability | Look for free demo accounts to safely test trading conditions and broker services. | Lets you practice and gain confidence without financial risk. |
| 📞 Customer service | Check support channels, response times, and language options. | Important for fast problem resolution and ongoing assistance. |
| 🧭 Platform testing advice | Test Metatrader 4 with your broker on a demo before going live. | Confirms platform reliability and your own comfort level. |
Tip
Always look beyond promotional claims—carefully assess each criterion, compare multiple brokers, and use a demo account to test their services before trading with real funds.
FAQ
Why choose a broker offering Metatrader 4 rather than another type of platform?
Metatrader 4 is renowned for its user-friendly interface, vast range of technical analysis tools, and support for automated trading strategies. Many brokers and traders in New Zealand favour it for its stability and widespread availability, making it suitable for both beginners and experienced users. It also allows for easy integration of custom indicators and trading robots.
How to install Metatrader 4 and connect to my broker account?
To install Metatrader 4, download the software from your broker's website or the official Metatrader site. Follow the installation prompts on your Windows, Mac, or mobile device. After installation, open the platform and enter your broker-provided login details to connect your trading account securely.
What types of assets can I trade with a Metatrader 4 broker?
Metatrader 4 brokers in New Zealand typically offer access to a range of assets including forex currency pairs, commodities, indices, and sometimes cryptocurrencies. The specific instruments available may vary by broker, so it is important to check the asset list before opening an account.
Are Metatrader 4 brokers regulated and reliable?
Regulation and reliability depend on the individual broker rather than Metatrader 4 itself. Traders in New Zealand should choose brokers regulated by recognised authorities such as the FMA or other respected international regulators. Trusted brokers are transparent with their operations, fund security, and client support.
Can I trade on Metatrader 4 from a mobile or tablet?
Yes, Metatrader 4 has official mobile applications for both iOS and Android devices, as well as a web terminal accessible by browser. This allows you to trade, monitor positions, and access analytical tools from your phone or tablet at any time, wherever you have internet access.
What fees should I expect with a Metatrader 4 broker (spread, commission, swap)?
Fees with Metatrader 4 brokers include spreads (the difference between buy and sell prices), which may be fixed or variable. Some brokers also charge commissions per trade or per lot, particularly on ECN-type accounts. Overnight positions may incur swap or rollover fees, so review the broker's fee schedule before trading.
Why choose a broker offering Metatrader 4 rather than another type of platform?
Metatrader 4 is renowned for its user-friendly interface, vast range of technical analysis tools, and support for automated trading strategies. Many brokers and traders in New Zealand favour it for its stability and widespread availability, making it suitable for both beginners and experienced users. It also allows for easy integration of custom indicators and trading robots.
How to install Metatrader 4 and connect to my broker account?
To install Metatrader 4, download the software from your broker's website or the official Metatrader site. Follow the installation prompts on your Windows, Mac, or mobile device. After installation, open the platform and enter your broker-provided login details to connect your trading account securely.
What types of assets can I trade with a Metatrader 4 broker?
Metatrader 4 brokers in New Zealand typically offer access to a range of assets including forex currency pairs, commodities, indices, and sometimes cryptocurrencies. The specific instruments available may vary by broker, so it is important to check the asset list before opening an account.
Are Metatrader 4 brokers regulated and reliable?
Regulation and reliability depend on the individual broker rather than Metatrader 4 itself. Traders in New Zealand should choose brokers regulated by recognised authorities such as the FMA or other respected international regulators. Trusted brokers are transparent with their operations, fund security, and client support.
Can I trade on Metatrader 4 from a mobile or tablet?
Yes, Metatrader 4 has official mobile applications for both iOS and Android devices, as well as a web terminal accessible by browser. This allows you to trade, monitor positions, and access analytical tools from your phone or tablet at any time, wherever you have internet access.
What fees should I expect with a Metatrader 4 broker (spread, commission, swap)?
Fees with Metatrader 4 brokers include spreads (the difference between buy and sell prices), which may be fixed or variable. Some brokers also charge commissions per trade or per lot, particularly on ECN-type accounts. Overnight positions may incur swap or rollover fees, so review the broker's fee schedule before trading.
On the same topic
