FXCM MT4 Free Download Alternative for US Residents and Non-US Residents
Now, let us be clear that unless you already have a rock solid strategy that is consistently profitable now and over a long period of time, we recommend that you stick lower leverage. 1:50 is really quite reasonable. Personally, we trade the leverage of 1:100 and do not recommend going higher. As you know leverage can benefit you but in the wrong hands, it will do more harm than good. We assume you already know that by that.
So we have the alternatives for you and these are brokers we personally use in our everyday trading. And if you open a live verified account with them, you will even have a pleasant welcome No Deposit bonus of $30 from them each. Yes that's right! It's $30 + $30 which makes it $60. And of course, there is no time limit to the use of their MT4 platform.
However, if you have a new strategy, EA, or MT4 Indicator that you are not quite familiar with yet, then it's best to start trading with a demo account. The market will always be around tomorrow so it's only wise to have patience during the test phase by using demo money.
To download, please click here for XMBroker and Tickmill. Claim your $30 No Deposit Bonus from each of these brokers and have it deposited directly into your trading account. If you are a US Resident, you will be redirected to MyFxChoice who will gladly open your new broker account and provide you the leverage of 1:500. FXCM remains a good broker although their rating on Forex Peace Army has been lowered to 2.5 stars these days. Hence, do check out XMBroker and Tickmill. Download their MT4 for unlimited time use and practice well before going live.
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