Best Forex Brokers in Uruguay for 2024

Last updated Jul 2, 2024

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best Forex brokers in Uruguay based on our analysis:

  1. 1
    IC Markets Logo
    IC Markets - Best Forex broker in Uruguay - A wide range of trading assets. Low spreads. Variety of trading platforms.
  2. 2
    AvaTrade Logo
    AvaTrade - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources.
  3. 3
    Roboforex Logo
    Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  4. 4
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  5. 5
    AMarkets Logo
    AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations.
  6. 6
    Deriv Logo
    Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure.
  7. 7
    Admirals Logo
    Admirals - Low trading fees. Wide range of payment methods. Extensive analytical resources.
  8. 8
    Oanda Logo
    Oanda - Tight spreads. Diverse markets and products. Advanced trading platforms.
  9. 9
    HF Markets Logo
    HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews.
  10. 10
    XM Logo
    XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.

This comprehensive guide is tailored to assist you in discovering a broker that seamlessly aligns with your trading strategy while safeguarding your investments. Each broker featured here stands out with its distinctive offerings, cutting-edge technology, and rigorous security protocols, ensuring an exceptional trading experience in Uruguay's dynamic Forex market.

List of the Best Forex Brokers in Uruguay in 2024

1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2007
Minimum Deposit
$200
2
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
4
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2007
Minimum Deposit
$100
6
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2020
Minimum Deposit
$1
7
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
$1
8
Register71-76.6% of retail investors lose money when trading CFDs with this broker
Foundation Year2001
Minimum Deposit
$1
9
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$1
10
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$5

We have thoroughly investigated numerous local firms to identify the most reliable and user-friendly online Forex trading brokers. This section is dedicated to presenting detailed reviews of the top Forex brokers in Uruguay, meticulously crafted to assist you in making an informed decision. Our reviews offer comprehensive profiles of each broker, enriched with genuine feedback from traders who have experienced their services firsthand. Whether you are just beginning your CFD and Forex trading journey or seeking the perfect partner to navigate the complexities of the financial markets, our in-depth broker reviews are designed to help you avoid common pitfalls and guide you toward the most suitable trading platform to achieve your financial goals in 2024.

1. IC Markets

IC Markets Logo
1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksBondsETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView
Deposit/withdrawal:
Логотип PayPal
Логотип Neteller
Логотип Skrill
Логотип Bpay
Логотип FasaPay
Логотип Klarna
Логотип Swift
Логотип SEPA
Логотип Visa
Логотип Mastercard
Логотип UnionPay
Логотип POLi
Логотип Rapidpay
compare IC Markets trading accounts

IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.

IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.

Pros and Cons of IC Markets

Pros

  1. A wide range of trading assets.
  2. Low spreads.
  3. Variety of trading platforms.
  4. Quality educational materials.
  5. Efficient customer support service.

Cons

  1. High minimum deposit.

2. AvaTrade

AvaTrade Logo
2
RegisterTrading CFDs carries high risks. You may lose all invested funds
Trading Assets
ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
Deposit/withdrawal:
Логотип Neteller
Логотип Skrill
Логотип Perfect Money
Логотип Google Pay
Логотип Bank Transfer
Логотип Visa
Логотип Mastercard
Логотип Maestro
Логотип JCB
compare AvaTrade trading accounts

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

Pros

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

3. RoboForex

Roboforex Logo
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип AdvCash
Логотип Perfect Money
Логотип Касса24
Логотип SEPA
Логотип Visa
Логотип Mastercard
Логотип JCB
compare Roboforex trading accounts

RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.

Pros and Cons of Roboforex

Pros

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

4. FxPro

FxPro Logo
4
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTrader
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип Perfect Money
Логотип Swift
Логотип SEPA
Логотип Visa
Логотип Mastercard
Логотип Maestro
Логотип UnionPay
compare FxPro trading accounts

FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.

Pros and Cons of FxPro

Pros

  1. Various trading platforms.
  2. A diverse range of available markets and products.
  3. Multiple analytics tools.
  4. Extensive educational materials.

Cons

  1. An inactivity fee.
  2. Absence of cent accounts and services for copying trades.

5. AMarkets

AMarkets Logo
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4
Deposit/withdrawal:
Логотип Perfect Money
Логотип Neteller
Логотип FasaPay
Логотип Bank Transfer
Логотип Система быстрых платежей (СБП)
Логотип Visa
Логотип Mastercard
Логотип Мир
Логотип HUMO
compare AMarkets trading accounts

AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.

Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.

Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.

Pros and Cons of AMarkets

Pros

  1. A wide range of trading assets.
  2. Extensive analytical capabilities using modern tools and trading robots.
  3. No commissions on many operations.
  4. Convenience and simplicity of opening an account and managing it.

Cons

  1. Not the most extensive educational materials.
  2. On some assets, spreads are higher than those of competing Forex brokers.

6. Deriv

Deriv Logo
6
4.3/5
Deriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 5Deriv XcTrader
Deposit/withdrawal:
Логотип FasaPay
Логотип Perfect Money
Логотип Skrill
Логотип Neteller
Логотип WebMoney
Логотип PaySafeCard
Логотип Jeton
Логотип SticPay
Логотип Airtm
Логотип Boleto
Логотип Paylivre
Логотип OnlineNaira
Логотип Beyonic
Логотип AstroPay
Логотип 1foryou
Логотип AdvCash
Логотип Swift
Логотип Visa
Логотип Mastercard
Логотип Maestro
Логотип Diners Club
Логотип JCB
Логотип PayTrust88
Логотип Help2pay
Логотип DragonPhoenix
Логотип ZingPay
Логотип Ngan Luong
Логотип Trustly
compare Deriv trading accounts

Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.

Pros and Cons of Deriv

Pros

  1. Simple and fast account opening process.
  2. A wide variety of account types cater to different trading needs.
  3. Low commission structure.
  4. A wide range of trading platforms.
  5. High-quality technical support with fast and effective responses.

Cons

  1. Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
  2. Educational materials are confined to a blog and lack comprehensive learning resources.

7. Admirals

Admirals Logo
7
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrencyStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип Perfect Money
Логотип Swift
Логотип Visa
Логотип Mastercard
compare Admirals trading accounts

The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.

Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.

Pros and Cons of Admirals

Pros

  1. Low trading fees.
  2. Wide range of payment methods.
  3. Extensive analytical resources.
  4. A rich collection of educational materials.

Cons

  1. Inactivity fee.
  2. Some users complain about the intrusiveness of the support service.

8. Oanda

Oanda Logo
8
4.3/5
Oanda review
Register71-76.6% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft CommoditiesBonds
Trading Platforms
MetaTrader 5MetaTrader 4TradingViewfxTrade
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип Swift
Логотип Visa
Логотип Mastercard
compare Oanda trading accounts

Oanda is an excellent choice for traders seeking a reliable and regulated broker with competitive spreads and various trading assets.

With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.

Pros and Cons of Oanda

Pros

  1. Tight spreads.
  2. Diverse markets and products.
  3. Advanced trading platforms.
  4. Quality analytics.
  5. Extensive learning section.

Cons

  1. Limited trading account types.
  2. Inactivity fee.
  3. High swaps.

9. HF Markets

HF Markets Logo
9
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexStocksIndicesBondsETFCryptocurrencyPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader
Deposit/withdrawal:
Логотип Skrill
Логотип Perfect Money
Логотип FasaPay
Логотип BitPay
Логотип Bank Transfer
Логотип Visa
Логотип Mastercard
compare HF Markets trading accounts

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

10. XM

XM Logo
10
4.2/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesStocksPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
Deposit/withdrawal:
Логотип Neteller
Логотип Skrill
Логотип WebMoney
Логотип Perfect Money
Логотип SticPay
Логотип Visa
Логотип Mastercard
compare XM trading accounts

XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.

Pros and Cons of XM

Pros

  1. Wide range of trading assets.
  2. Extensive educational resources.
  3. Tight spreads on the Ultra Low account.
  4. Many analytical materials.
  5. Commission-free deposits and withdrawals.

Cons

  1. Inconsistency in technical support.
  2. Inactivity fee.
  3. Standard account has a higher spread than the market average.

Regulation of Forex Brokers in Uruguay

The regulatory framework for Forex and CFD brokers in Uruguay is robust and designed to ensure the fairness and transparency of trading activities. The primary regulatory body overseeing these markets in Uruguay is the Banco Central del Uruguay (BCU), which plays a crucial role in establishing and enforcing rules for Forex trading.

Key Regulatory Bodies in Uruguay

  • Banco Central del Uruguay (BCU): The BCU is the main regulatory authority responsible for supervising and regulating financial institutions, including Forex brokers. It ensures compliance with regulations to maintain the integrity of the financial system and protect investors' interests.

  • Unidad de Información y Análisis Financiero (UIAF): This unit is part of the BCU and focuses on preventing money laundering and terrorism financing, adding another layer of security for investors in the Forex market.

These authorities in Uruguay work collectively to ensure that the country's financial markets are safe, secure, and well-regulated for all participants. They promote financial stability and protect investors, maintaining healthy markets and safeguarding capital.

Verifying Broker Authorization

To confirm a broker's authorization under the BCU, traders can utilize the BCU's online resources. This platform allows investors to verify if a Forex broker is regulated and authorized to operate in Uruguay. Brokers typically display their regulatory status under the BCU on their websites.

Traders should look for the broker’s name in the BCU’s listings for assurance. Additional information on broker licensing and regulation can be found on various financial market websites and platforms for more comprehensive verification.

About the Banco Central del Uruguay (BCU)

The Banco Central del Uruguay, established to oversee and regulate the financial markets, including Forex trading, is known for its rigorous regulatory framework. The BCU collaborates with other institutions to ensure the orderly and transparent functioning of Uruguay's Forex market.

How to Choose a Forex Broker in Uruguay?

Selecting the right Forex broker is crucial for achieving success in the global currency market. Uruguayan Forex traders need to consider several key aspects that align with their trading goals and preferences. The ideal broker should meet your needs and enhance your trading efficiency. Here are important factors to consider when choosing a Forex broker in Uruguay:

  1. Regulatory Compliance: Verify that the broker is regulated by the Banco Central del Uruguay (BCU) or other reputable regulatory authorities. This ensures the broker's credibility and adherence to fair trading practices.

  2. Account Types: Ensure the broker offers account types that match your trading experience and investment level. The broker should provide a range of options tailored to your specific trading needs.

  3. Trading Platforms: The functionality and user-friendliness of trading platforms are critical. Choose a broker that offers intuitive and efficient platforms that can positively influence your trading activities.

  4. Trading Conditions: Review the broker’s terms, such as Forex spreads, trading fees, minimum deposit requirements, and the variety of trading instruments available. Make sure these terms are favorable to your trading strategies.

  5. Customer Support: Evaluate the quality of customer support, focusing on their responsiveness and effectiveness. The broker should provide accessible and convenient communication channels.

Carefully considering these factors will help you find the best broker for your needs. It's advisable to start with a demo account to test the broker's services and ensure they align with your trading approach.

How We Compiled the List of Top Forex Brokers in Uruguay

Our method for identifying the premier Forex trading platforms in Uruguay was conducted with rigorous precision and a comprehensive set of benchmarks:

  1. We began by compiling an extensive list of all Forex brokers, ensuring alignment with our predefined criteria. Each broker was meticulously scrutinized through a detailed evaluation methodology to impartially assess their services and operational efficiency.

  2. We prioritized brokers regulated by recognized financial authorities such as the FCA, ASIC, and CySEC. This ensures the brokers operate with transparency and adhere to strict financial standards.

  3. Brokers were assessed on their trading conditions, including spreads, fees, minimum deposits, and the range of trading instruments available. We also evaluated the quality and usability of their trading platforms, with a preference for those offering popular platforms like MetaTrader 4 and MetaTrader 5, as well as proprietary platforms with advanced features.

  4. The quality of customer support was a crucial factor, focusing on the availability of support in Spanish and accessible communication channels. Additionally, we considered brokers that offer localized services, such as websites and educational resources in Spanish, to better serve Uruguayan traders.

  5. Genuine feedback from traders who have used these brokers firsthand was incorporated to provide a well-rounded view of each broker's strengths and weaknesses. This includes aspects like ease of use, customer service experiences, and overall satisfaction.

Conclusion

Choosing the right Forex broker is essential for successfully navigating the market. Key considerations include the broker's reputation, adherence to regulatory standards, trading conditions, and the quality of customer support. Our carefully curated list of the best Forex brokers in Uruguay for 2024 is designed to make this important decision easier. It provides comprehensive insights and detailed information based on thorough research and real user experiences. Our aim is to help you find a broker that not only meets but exceeds your trading needs, paving the way for financial success and a rewarding Forex trading experience in Uruguay.

FAQ

What is a Forex broker?

A Forex broker is a financial services company that provides traders access to a platform for buying and selling foreign currencies. Forex brokers facilitate transactions between buyers and sellers and often offer additional services such as trading platforms, educational resources, and customer support.

How does a Forex broker work?

A Forex broker works by providing a trading platform where clients can execute trades on various currency pairs. The broker earns money through spreads, commissions, and sometimes fees. They also offer leverage, allowing traders to control larger positions with a smaller amount of capital.

How to choose the best Forex broker?

To choose the best Forex broker, consider factors such as regulatory compliance, trading conditions (spreads, fees, leverage), available trading platforms, customer support quality, and the range of financial instruments offered. It's also essential to read reviews and possibly test the broker with a demo account.

How can I ensure the safety of my funds with a broker?

Ensure the safety of your funds by choosing a broker that is regulated by reputable financial authorities. Check for secure deposit and withdrawal methods, segregated client accounts, and strong data protection policies. Reading user reviews and conducting thorough research can also help.

Yes, Forex trading is legal in Uruguay. However, it is essential to trade with brokers that comply with local and international regulations to ensure a safe trading environment.

Can I trust Forex brokers in Uruguay?

You can trust Forex brokers in Uruguay if they are regulated by recognized financial authorities. Always verify a broker’s regulatory status and read reviews from other traders to assess their reliability and reputation.

What is the best Forex broker in Uruguay?

The best Forex broker in Uruguay depends on individual trading needs and preferences. Factors to consider include regulatory status, trading conditions, platform usability, customer service, and available financial instruments.

What trading platforms are available in Uruguay?

In Uruguay, popular trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary platforms from various brokers are available. These platforms offer a range of tools and features to enhance the trading experience. For more information on brokers offering MT5, visit the best Forex brokers Metatrader 5.

What deposit and withdrawal options do these brokers support?

Forex brokers in Uruguay typically support various deposit and withdrawal options, including bank transfers, credit/debit cards, e-wallets (such as Skrill and Neteller), and sometimes cryptocurrencies. It's important to check each broker’s specific options and associated fees.

Can I trade other assets with a Forex broker in Uruguay?

Yes, many Forex brokers in Uruguay also offer trading in other assets such as commodities, indices, stocks, cryptocurrencies, and CFDs (Contracts for Difference). Check the broker’s asset offerings to ensure they meet your trading needs.

Is Forex trading good for beginners?

Forex trading can be suitable for beginners if they take the time to educate themselves and use a demo account to practice. It's important to start with a reputable broker that offers educational resources, low minimum deposits, and strong customer support.

How much money do I need to start Forex trading?

The amount of money needed to start Forex trading varies by broker. Some brokers allow you to start with as little as $50, while others may require a higher minimum deposit. It’s crucial to start with an amount you can afford to lose.

What is CFD trading?

CFD (Contract for Difference) trading involves speculating on the price movements of various financial instruments without owning the underlying asset. CFDs can be traded on assets such as stocks, commodities, indices, and cryptocurrencies. To find the top brokers for CFD trading, check out the best CFDs brokers.

Can I make money with Forex trading in Uruguay?

Yes, it is possible to make money with Forex trading in Uruguay, but it involves significant risk. Success in Forex trading requires education, practice, a good trading strategy, and risk management. Many traders also benefit from using demo accounts to practice before trading with real money.

What is the best Forex trading app in Uruguay?

The best Forex trading app in Uruguay varies based on user preference. Popular choices include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and various proprietary apps offered by brokers. These apps provide robust features for trading on the go.

Is MT4 available in Uruguay?

Yes, MetaTrader 4 (MT4) is available in Uruguay. Many brokers offer MT4 due to its popularity, ease of use, and comprehensive trading tools, making it a preferred choice for both beginner and experienced traders. For more information, you can visit the best MT4 brokers.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.

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