Best MT4 Brokers
We've reviewed the best MT4 brokers in Saudi Arabia, and highlighted those that accept all Expert Advisors and trading styles. Visit their website to download MetaTrader 4 and get started.
Brokers we recommend
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Broker 1
Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. F************ is a true ECN broker and accepts all trading styles without restrictions.
Broker 2
F******* is a regulated offshore broker with an ECN trading environment. Trade CFDs on over 100 instruments with leverage up to 1:500, only on MT4. FXCC allows all trading styles and EAs.
Broker 3
F******** is a global broker, winner of 110+ awards including 'Best Regulated Forex Broker' in 2024. Trade over 250 instruments across a wide range of asset classes on MT4/5 or cTrader. This broker accepts all trading styles.
Other brokers:
- L********** Best for Copy Trading
- A******* Best Broker for Beginners
- E***** Best Swap-Free Broker
- 4** Best Customer Service
- H*** Best Forex Broker (Middle East)
Broker 1
Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. F************ is a true ECN broker and accepts all trading styles without restrictions.
- Likes
- Flexible leverage up to 1:500.
- Trade over 1,000 financial instruments.
- Trade on MT4/5, cTrader or TradingView without restrictions.
- Copy trading service is available.
- Customer support is available 24/7.
- Dislikes
- No TradingView integration is available for now.
- No investor compensation fund in the event of bankruptcy.
Enjoy low spreads and reliable trading conditions at all times with this award-winning broker. Open a Standard account to trade without commission, or a Raw account if you prefer to trade on raw spreads.
Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies. You can also go long or short on stocks and government bonds through over 40 ETFs.
Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.
Read reviewBroker 2
F******* is a regulated offshore broker with an ECN trading environment. Trade CFDs on over 100 instruments with leverage up to 1:500, only on MT4. FXCC allows all trading styles and EAs.
- Likes
- 100% bonus on your 1st deposit (up to US$2,000).
- Flexible leverage up to 1:500.
- All MT4 Expert Advisors are allowed.
- No fees on deposits.
- No minimum deposit.
- Dislikes
- MetaTrader 4 is the only available trading platform.
- Withdrawal fees apply across some, but not all, funding methods.
We particularly like F***'s high leverage (up to 1:500) available across all currency pairs, gold, silver, stock indices and energy products. Negative balance protection is available at all times.
Its MetaTrader 4 integration provides a smooth trading experience, with no lags and only minimal slippage. It accepts all trading styles and Expert Advisors, including scalping robots, without restrictions.
As this broker offers consistently low spreads, it is possible to enter and exit trades several times a day, to take advantage of even small price swings. Its ECN XL account has no commission. However, you should be aware that a $5 mark-up per lot will apply if you open an account through us.
Read reviewBroker 3
F******** is a global broker, winner of 110+ awards including 'Best Regulated Forex Broker' in 2024. Trade over 250 instruments across a wide range of asset classes on MT4/5 or cTrader. This broker accepts all trading styles.
- Likes
- CFDs on 250+ instruments.
- FxPro accepts all trading styles on MT4/5 and cTrader.
- Trade on fixed or floating spreads, with or without commission.
- Many deposit methods, including crypto and broker-to-broker transfers.
- Get daily trading signals from Trading Central.
- Dislikes
- You cannot trade CFDs on ETFs or government bonds.
- Copy trading isn't available.
It's hard to find fault with F****, a regulated broker with a 20-year track record of success.
If you are new to trading, open a Standard account from a low $100 deposit. You'll enjoy a predictable trading environment with fixed, albeit wider, spreads.
And as you gain experience, you could turn to turn to its Raw account for razor-thin floating spreads and low commissions. This account requires a $1,000 minimum deposit.
The educational content available on F******** also caught our attention. You'll find learning paths for both beginners and advanced users, in the form of online courses, video tutorials and webinars.
Read reviewBroker 4
Trade CFDs on a wide range of markets on MetaTrader 4 and 5, with leverage up to 1:1,000 through L**************. This broker accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your account's balance.
- Likes
- All trading strategies are allowed.
- Get free daily technical and fundamental analysis.
- Receive up to 2.5% interest on used funds.
- Copy trading accounts are also available.
- Dislikes
- Withdrawals fees are somewhat high, especially card withdrawals.
We've trade through L**********'s ECN account for over 4 years on raw spreads plus a commission of $5 per lot, per side. We like that it places no restrictions at all on our use of automated trading strategies.
Their customer service team is responsive, even on weekends. Our withdrawals have always been processed as quickly as possible. However, their withdrawal fees are a somewhat high, especially card withdrawals.
L********** publishes a lot of educational content in the form of webinars and articles on its blog, often with a focus on technical analysis. Their commentary could spark new trade ideas. However, you might find yourself lost if you are new to trading.
Read reviewBroker 5
A*********** is an award-winning online broker, in business since 2006. Trade CFDs on one of the widest possible range of instruments and asset classes, from Forex to ETFs and government bonds.
- Likes
- Over 750 financial instruments on MT4/5.
- Get free daily trading signals.
- Easily copy professional traders.
- No fees on deposits or withdrawals.
- Get one-on-one assistance when you deposit US$1,000.
- Dislikes
- You cannot trade on raw spreads.
- Quarterly and annual inactivity fees.
The breadth of assets available to trade through its platform sets this broker apart from the competition. You'll find over 750 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.
With A*******, the MT4 and MT5 platforms are available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. Spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.
Customer service is excellent. Every time a question has arisen, we've been able to speak to a customer support agent easily through a local telephone number. Our queries were resolved within minutes. Support is available five days a week through various channels, including WhatsApp.
Read reviewBroker 6
E********* is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).
- Likes
- Low and stable spreads.
- No swap charges across most FX pairs.
- Unlimited leverage on MetaTrader 4 and 5 (conditions apply).
- Withdrawals processed instantly in a wide range of currencies.
- Negative balance protection is available.
- Dislikes
- No access to a compensation fund in the event of bankruptcy.
- No CFDs on agricultural commodities, ETFs or government bonds.
Once you start trading with E*****, you soon understand why this broker is trusted by over 500,000 active clients. We traded through its MT5 Standard account with spreads from just 0.3 pips. Most instruments have no swap charges at all, which makes it easy to estimate how profitable each trade could be.
You'll find a wide range of instruments through its platform. These include over 100 currency pairs, crypto, U.S. stocks, global indices and commodities. The gold and silver crosses against the euro, the British Pound and the Aussie dollar will appeal to gold bugs.
Its web trading platform, built around TradingView charts, is sleek. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit E********* to create an account and see for yourself what this broker has to offer.
Read reviewBroker 7
4****** is an offshore broker founded in 2018 by Forex veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. It accepts all trading styles and Expert Advisors on MT4/5.
- Likes
- Enjoy flexible leverage up to 1:500.
- Choose between MetaTrader 4 and 5.
- All trading styles and Expert Advisors are allowed.
- Fast execution speeds from its London data-centre.
- Dislikes
- Negative balance protection is only available across Forex and precious metals.
- This broker is regulated in the Cook Islands, a country without an investor compensation fund.
4****** will appeal to you if you enjoy trading Forex, gold or silver on high leverage, up to 1:500. It accepts all trading styles on MT4 and MT5 without restrictions. And unlike some brokers, who'll adjust leverage dynamically, this broker keeps leverage constant at all times.
Alternatively, you may open a PAMM account or a copy trading account if you prefer to replicate other investors' trade. A copy trading account may be of interest to you if you lack the time or knowledge to trade the markets.
Customer support is available 6 days a week, and has always been professional in our interactions with them. So it's perhaps no surprise that 4** has received several awards commending the quality of its customer service.
Read reviewBroker 8
H******* is an award-winning regulated online broker suitable for day traders as well as long-term investors. It's also an established broker, in business since 1999.
- Likes
- Trade CFDs or invest in over 1,000 "real" stocks.
- Trade on MetaTrader 4 or MetaTrader 5.
- Get free signals from Trading Central.
- Open a trading account in USD, EUR, GBP, CAD and AED.
- Dislikes
- Trading fees on its Fixed and Classic accounts are a little high.
- Monthly inactivity fees apply after 90 days.
- Copy trading isn't possible.
Trade over 300 instruments across a wide range of markets, spanning currencies, cryptocurrencies, stocks, indexes, and commodities. H******* offers a variety of trading accounts for beginners and more experienced traders, on the MetaTrader 4 and 5 platforms.
Of note, 'buy and hold' investors can now access over 1,000 'real' stocks, and earn dividends on their investments. It is possible to invest from as little as $10 through fractional ownership. This service includes American, Asian, and European stocks.
H******* is an established broker, in business since 1999. It's also a safe place to trade, being overseen by regulators in the EU, the UK, the UAE, and other regions.
Read reviewWhat's the best MT4 broker for you?
MetaTrader 4 (MT4) is a popular platform among traders for its user-friendly interface, advanced charting tools, and automated trading capabilities. This article discusses the pros and cons of 3 leading brokers across two dimensions: your experience and investment preferences.
Based on your experience
Beginners: F*******'s MetaTrader 4 platform illustrated on this page is the most user-friendly platform of all featured in this article. Its interface is noticeably less cluttered and easier to navigate than others. However, it provides little to no educational resources. Those interested in learning how to trade will need to look elsewhere for content.
Advanced traders: F************, F******* and A*********** will appeal to experienced traders through their support for one-click trading, advanced charting tools, and automated trading capabilities. However, some traders may prefer to trade through the first two brokers, as they forward client orders onto liquidity providers, whereas the other acts as a 'market-maker'.
Swing traders and day traders: F************ and F******* are excellent alternatives for swing traders and day traders. Unlike A***********, they both provide an ECN trading environment, with raw spreads and super-fast execution speeds. Importantly, they accept all trading styles, with no restrictions on MetaTrader's Expert Advisors. Swap-free accounts, also known as Islamic accounts, are available upon request.
Based on your investment preferences
Forex trading: for Forex traders, F************ offers over 70 currency pairs on tight spreads. This makes it an attractive option for those looking to trade major, minor, and exotic currency pairs.
Maximum leverage: both F************ and F******* offer flexible leverage up to 1:500, an attractive proposition for traders with an appetite for risk. These brokers are able to offer higher leverage than most because they're established in offshore jurisdictions, where limits on leverage don't apply. As leverage is a double-edged sword, it's important to use it with caution.
Tradeable instruments: F************ and A*********** also offer a broad range of instruments spanning Forex, stocks, commodities, cryptocurrencies, and even government bonds. However, if you want to access the largest possible number of instruments from a single platform, we would encourage you to open an account with an MT5 broker instead, as the MT5 platform supports more instruments than MT4.
Conclusion
The best MT4 broker for you depends on your level of experience and your specific trading interests. Whether you're a beginner or an advanced trader, and whether your interest lies in Forex, stocks, or commodities, F************, F******* and A*********** offer unique features and resources to suit your needs. When making your choice, it's important to consider factors such as educational resources, platform interface, leverage options, and the range of tradable instruments.
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About the author
I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.