Online Broker | Minimum Deposit | About |
---|---|---|
ThinkMarkets | None Minimum Deposit | ThinkMarkets provides MT4 Stocks CFD trading and offers many more Stocks CFDs on MT5 and its user friendly ThinkTrader About |
AvaTrade | $100 Minimum Deposit | AvaTrade offers MT4 Stocks CFD, as well as providing Stocks CFDs on MT5 and its user friendly Web Trader About |
IronFX | $50 Minimum Deposit | IronFX offers MT4 Stocks Trading, and focuses on accounts for this platform About |
HYCM | $100 Minimum Deposit | HYCM offers MT4 Stocks Trading and provides Stocks CFDs on MT5 About |
IC Markets | $200 Minimum Deposit | IC Markets offers MT4 and MT5 Stocks CFD trading About |
FXGiants | $100 Minimum Deposit | FXGiants offers MT4 Stocks CFD trading, with a wide range of accounts types for MT4 About |
MT4 Stock Trading - CFD Trading Platform
MetaTrader 4 (MT4) is a platform offered by a number of online CFD brokers. CFD brokers may offer Stocks CFDs. When trading a Stock CFD, the trader does not own any Stocks, rather trades on the movement in their prices.
Some CFD brokers offer MT4. MT4 is perhaps more typically seen as a Forex platform, but it does support other markets and some brokers provide Stocks CFD trading on it. The brokers in the table offer MT4 Stock Market CFD trading.
So MT4 can be a way to trade the Stock Market, including Stock Market day trading. There are many Stock Markets, and the broker may typically cover a range of different markets. MT4 offers tools for discretionary trading, including charting and technical indicators and graphical tools, as well as support for automated trading using Expert Advisors (EAs).
A Stock Market CFD trader may not wish to use online trading robots and may instead prefer to execute trades on their own behalf. MT4 offers a range of tools allowing the trader to analyse markets, including Stocks CFDs, using the chart itself and technical indicators.
MT4 has a range of chart price types including candlesticks charts, thus the trader can apply candlestick chart analysis to Stocks CFDs if they wish. Candlestick charts are a type of chart price representation used by traders, which shows price movement. There are patterns associated with candles which can provide an additional analytical perspective directly from the chart.
Stocks have specific methods of analysis based off the chart, since they directly reference companies, and the trader can analyse a Stocks CFD just as they would analyse the underlying Stock (as the value of the Stock CFD references the value of the Stock). However when day trading a Stock CFD, the trader may wish to pay attention to technical analysis (such as candlestick charts and technical indicators) as this can be important in day trading time frames.