AZAforex is a popular online forex broker known for its user-friendly interface and competitive trading conditions. Many traders are drawn to AZAforex for its efficient and reliable services. On the other hand, MetaTrader 4 (MT4) is a widely used platform in the forex industry, known for its advanced charting tools and automated trading capabilities.
However, Does AZAforex Support MT4? The answer is “NO”, AZAforex does not currently support MT4. Instead, it uses the Mobius Trader7 (MT7) trading platform, which offers a range of features designed for the needs of traders. In this blog post, we will explore the trading platform used by AZAforex, explore alternative options available to traders, and discuss the implications of this choice on the trading experience.
Does AZAforex Work With MT4?
No, AZAforex does not work with MetaTrader 4 (MT4). The platform has chosen to implement the Mobius Trader 7 (MT7) trading platform instead. Mobius Trader 7 is a professional trading platform of the new generation, created with the use of advanced technologies and has advanced functionality
AZAforex at a Glance
- Founded Year: 2016
- Headquarters: Marshall Islands
- Minimum Deposit: No minimum Deposit (You may deposit as low as $1)
- Maximum Leverage: 1:1000
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: MobiusTrader 7
- Account Types: Standard, Pro and VIP Account
- Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options:Bitcoin, Ethereum, Bitcoin Cash BCH,Dashcoin DASH,Tether USD,USD Coin,Monero XMR,Ripple XRP
- US Traders: Accepted
What Trading Platforms Does AZAforex Use?
AZAforex currently uses the Mobius Trader 7 (MT7) Trading Platform. Mobius Trader 7 is a professional trading platform that offers advanced charting facilities
Alternatives of AZAforex
AZAforex is a popular offshore broker. However, other offshore brokers can serve as alternatives to AZAforex. Some of the alternative brokers even offer MT4 Trading Platforms. For example, Plexytrade offers both MT4 and MT5 Trading Platforms. These alternative brokers include
- Founded In: 2024
- Minimum Deposit: $50
- Maximum Leverage: 1:2000
- Regulations: None
- Trading Platforms: MT4, MT5
- Trading Instruments: Forex, cryptos, commodities, indices and stocks CFDs
- Founded In: 2015
- Minimum Deposit: $5
- Maximum Leverage: 1:1000
- Regulations: None ( Offshore Forex Broker)
- Trading Platforms : MT4, WebTrader, Mobile Trader
- Trading Instruments: Forex, Indices, Commodities, Metals, Energy, Shares
- Founded Year: 2020
- Location: Seychelles
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading Platforms: MT4
- Trading Instruments: Forex, cryptos, commodities, indices and stocks CFDs
- Founded In: 2020
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (offshore forex broker)
- Trading Platforms: MT4
- Trading Instruments: Forex, cryptos, commodities, indices and stocks CFDs
- Founded In: 2019
- Minimum Deposit: $20
- Maximum Leverage: 1:500
- Regulations: None
- Trading Platforms : MT4, MT4 Webtrader, MT5 Mobile trader
- Trading Instruments: forex, cryptos, commodities, indices and stocks CFDs
- US Clients: Currently not accepted
Frequently Asked Questions (FAQs)
What is AZAforex?
Founded in 2020, AZAforex is an online forex and CFD broker. It is an offshore forex broker that offers Cryptocurrencies, indices, and commodities trading services to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of AZAforex is as high as 1:1000.
What is the MT4 Trading Platform?
MetaTrader 4, or MT4, is a popular electronic trading platform used by online retail forex traders. Developed by MetaQuotes Software and launched in 2005, it’s widely licensed to forex brokers for their clients’ use. You can use more than 2000+ indicators on the MT4 Trading platform
What are the alternatives to MT4 Trading Platforms?
MT4 is the most popular trading platform in the forex trading world. However,there are several trading platforms that serves as alternatives to MT4. They include.
- MT5 (MetaTrader5): Released in 2010, MT5 is the successor of MT4. Metatrader 5 offers more timeframe, more control, and advanced technology.
- Ctrader: Known for its user-friendly interface and advanced charting tools.
- Tradingview: A web-based platform appreciated for its social trading features and customizable charts.
- Etoro Platforms: Etoro offers a range of trading platforms, known for its social trading network.
Final Verdict :
AZAforex does not offer MetaTrader 5 as their trading platform. It offers a Mobius 7 trading platform.
The Mobius Trader 7 (MT7) is a professional trading platform designed to help both novice and experienced traders. It provides a comprehensive suite of tools and features that facilitate trading across various financial markets, including Forex and cryptocurrencies. Although MT7 is not as popular as MT4 or MT5, many traders find it a viable alternative to MetaTrader.
Disclaimer: Trading Forex and CFDs comes with the risk of losing your trading capital. Furthermore, trading with unregulated brokers like AZAforex puts your funds at higher risks
