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There is hardly any reason not to have an account with a MetaTrader 4 broker, at least a demo account, but here are the reasons to register one:

  • You need an access to an outstanding charting tool that is free to use.
  • You would like to benefit from thousands of custom user-created indicators, robots, and scripts.
  • You want to be trading in a platform that natively supports holding both Buy and Sell positions on the same currency pair in the same account at the same time (also known as hedging or locking).
  • You need a free strategy testing tool.
  • You want to download MT4 and can no longer access it from MetaQuotes' website.