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Nowadays most forex brokers have been forced to offer metatrader simply due to client demand. The metatrader phenomenon has taken over the world of retail forex with company’s producing robots and plug-ins to meet the client demand for automated trading.

As you know there are many brokers offering the metatrader trading platform, on the surface their offerings all look the same but have you ever wondered what makes one metatrader broker different from another?

So what actually makes one broker different form another? The main differences are simple, some brokers have tighter spreads than others, others are market makers and trade against you whilst some hedge all of your trades in the interbank market and finally some use a quality bridge between your trading platform and their main server, meaning that your orders will be executed much faster and you will not get a price re-quote. Of course you there is not one single factor that makes one broker better than another, you should consider all of these factors before choosing the best metatrader broker.

So are spreads an important factor? Well yes of course as the spreads that you are quoted should always be tight however some metatrader forex brokers will quote prices with spreads that are tight but when you go to execute your trade you are quoted another price, these brokers are often market makers do this in an attempt to profit from client losses.

One of the first decisions you should make is whether you should deal with a market maker on tight spreads or a broker that hedges all for your trades, this is single most important decision you will ever make when choosing the right metatrader forex broker.