Best MetaTrader 4 Brokers
Over 300 brokers support the MetaTrader 4 trading platform. We've reviewed the best MT4 brokers below, and highlighted those that accept all trading styles.
Best brokers
- FP Markets
Best FX Broker Australia 2021
- FxPro
Best MetaTrader Broker, 2020
- AvaTrade
Best Mobile Trading Platform 2021
- Capital.com
Best Online Trading Platform 2020
- LiteFinance
Best Forex Broker Africa, 2011
Broker reviews
FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 10,000 stocks, indices, commodities and currency pairs through Iress, and over 1,000 such instruments through MetaTrader 5. FP Markets supports all trading styles and EAs.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, Cyprus (EU), Saint Vincent and the Grenadines
$100 | 1:500 | Market |
$100 | 1:500 | Market |
FxPro (FxPro.com) is a global broker, winner of 95+ awards including "Best MetaTrader Broker" in 2020. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles without restrictions.
- Risk warning: 84.72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
- Regulators: Bahamas, Cyprus (EU), South Africa, UK
$500 | 1:200 | Instant |
$500 | 1:200 | Market |
$50000 | 1:200 | Market |
AvaTrade (AvaTrade.com) is an award-winning online broker. Trade CFDs on Forex, crypto-currencies, shares, metals and more on MetaTrader 4 or 5. AvaTrade accepts all Expert Advisors except those with a focus on arbitrage.
- Risk warning: 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, BVI, Cyprus (EU), Gibraltar, Israel, Japan, South Africa, UAE
$100 | 1:400 | Instant |
$100 | 1:30 | Instant |
$100 | 1:400 | Instant |
$100 | 1:30 | Instant |
$100 | 1:400 | Instant |
Capital.com is an international award-winning platform trusted by over 70,000 active traders. Trade CFDs on thousands of instruments across FX, crypto, stocks, indices and commodities. Capital.com supports the MetaTrader 4 platform, amongst others.
- Risk warning: CFD trading is a risky activity and can bring not only profit but also losses. The size of the potential loss is limited to the size of the deposit. Past profits do not guarantee future profits.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4
- Regulators: Australia, Belarus, Cyprus (EU), Saint Vincent and the Grenadines, Seychelles, UK
$20 | 1:100 | Instant |
$20 | 1:100 | Instant |
LiteFinance (LiteFinance.com), formerly LiteForex, is a global ECN broker. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:1,000. LiteFinance accepts all EAs and trading styles, including scalping and news trading.
- Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: Cyprus (EU), Saint Vincent and the Grenadines
$50 | 1:1000 | Market |
$50 | 1:500 | Market |
HotForex (HotForex.com) is an award-winning Forex and CFD broker, with accounts tailored to new and experienced traders. Trade a wide range of markets including Forex, stocks, indices and commodities through MetaTrader 4 or 5.
- Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Currenex, Copy trading, Mirror trading
- Regulators: Cyprus (EU), Mauritius, Saint Vincent and the Grenadines, Seychelles, South Africa
$5 | 1:1000 | Market |
$100 | 1:500 | Market |
$100 | 1:500 | Market |
Pepperstone (Pepperstone.com) is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5 or cTrader. Pepperstone allows all trading styles, with no restrictions, and rewards large traders with volume-based discounts.
- Risk warning: Between 74% and 89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading, Mirror trading
- Regulators: Australia, Bahamas, Cyprus (EU), Germany, Kenya, UAE, UK
$200 | 1:30 | Market |
$200 | 1:30 | Market |
$200 | 1:30 | Market |
$200 | 1:30 | Market |
LQDFX (LQDFX.com) is an international Forex broker and CFD provider headquartered in the Marshall Islands. It delivers STP execution on MT4 across 71 currency pairs, indices and commodities.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, Mirror trading
- Regulators: Marshall Islands
$20 | 1:500 | Market |
$500 | 1:300 | Market |
$20 | 1:300 | Market |
$500 | 1:300 | Market |
$25000 | 1:100 | Market |
NordFX (NordFX.com) is an international Forex broker serving traders worldwide from its headquarters in Mauritius.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, Copy trading
- Regulators: Vanuatu
$10 | 1:1000 | Instant |
$250 | 1:1000 | Market |
$500 | 1:1000 | Market |
$ | 1:5 | Market |
HYCM (HYCM.com), formerly HY Markets, is an award-winning regulated online broker. Trade over 300 instruments on fixed or variable spreads over MetaTrader 4 or 5.
- Risk warning: 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5
- Regulators: Cayman Islands, Cyprus (EU), Saint Vincent and the Grenadines, UAE, UK
$100 | 1:500 | Instant |
MetaTrader 4 has a lot to offer, from automated trading to mobile apps and account management.
Automated trading
MetaTrader 4 owes part of its success to Expert Advisors (EAs), programmes that automate trading and administrative tasks on its platform. EAs can monitor the market on your behalf and even open or close positions when certain conditions are met. You can create your own EAs using MQL, the platform's own programming language. Or you can download EAs created by third party developers from the MetaTrader marketplace.
MetaTrader 4 mobile
Trade whenever you want, with MetaTrader 4's mobile apps for Android and iPhone:
- MetaTrader 4 for Android is now available from the Google Play Store.
- MetaTrader 4 for iPhone is built for the iPad, iPhone and iPod Touch running iOS 4.0 or above.
- Computers: MT4 was built for the Windows operating system. If you own a Mac, you could still download and run MT4 on your computer through a programme that emulates Windows (like Wine, for example).
Account management
Last but not least, MetaTrader MultiTerminal could be of interest to you if you manage more than one Forex trading account. MetaTrader MultiTerminal centralises accounts in one place, and is aimed primarily at asset managers and traders with multiple accounts. HotForex is one of the brokers on our panel with support for MultiTerminal.
Featured brokers
Best Execution
Gold Account [Islamic]
Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4. STP ... More
- $20 deposit
- 1:300 leverage ?
- 1.1 pips EUR/USD
Best Conditions
Islamic Account [BVI]
Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not ... More
- $100 deposit
- 1:400 leverage ?
- 1.9 pips EUR/USD
Best Platform
Islamic Account [MT4]
Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. ... More
- $100 deposit
- 1:500 leverage ?
- 1.2 pips EUR/USD