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. 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. 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. The IQ Option Metatrader 4 and is an online broker that is established in the Republic of Cyprus, was founded in 2013, is regulated by the main world regulators. This broker specializes in binary options trading and has international recognition, which is reflected in a growing number of active accounts, which are now more than 11 million ... 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.
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