The MetaTrader 4 (MT4) platform is traditionally known as a standard forex trading platform, but can with the help of certain extensions also function as a binary options trading platform. Although the MT4 was released all the way back in 2005, it is still one of the most popular trading platforms among independent traders. Given its widespread use in the trading community, MT4 is in many ways the benchmark that all other trading platforms compare themselves to.
Although the MT4 is technically able to support binary options trading, most brokers on this list will offer a separate trading platform for binary options. Since binary options trading in so many ways differ from all other types of trading, having a designated platform for this is often the most practical solution.