Is the IQ Option Broker Better Than Metatrader 4? MetaTrader4 is not a broker, however it is a platform to trade the Forex market. While IQ Option is a popular licensed forex broker. If you are a new trader, trading with a forex broker would be a better option. Trading Binary Options In MetaTrader 4 (MT4) Lately, a lot of people have been emailing and asking me about new and different ways to trade binary options. Most traders use platforms that all look very similar, like SpotOption, TraderSoft, Marketpulse etc. These platforms are used by many binary options brokers, but they aren’t the only option. MetaTrader vs IQ Option Comparison - Platform vs Broker. MetaTrader is a third party platform supported by a wide range of brokers, typically available as a desktop download, webtrader and mobile app. Its two current versions in general use are MT4 and MT5. MT5 is the successor to MT4 and has a number of enhancement on MT4. The Metatrader 4 platform is the most popular platform in the world of Forex Trading. However, it is expensive to adapt and maintain it for Binary Options brokers. Additionally, the MT4 is more appealing to experienced Binary Options traders, who are less likely to lose money. MetaTrader 4 is a platform for trading Forex, analyzing financial markets and using Expert Advisors. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience.
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