Best MT4 Brokers

Updated on 14/04/2025

We've reviewed the best MT4 brokers in Singapore, and highlighted those that accept all Expert Advisors and trading styles. Visit their website to download MetaTrader 4 and get started.

Brokers we recommend


4.8 / 5 FP Markets

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com is a true ECN broker and accepts all trading styles without restrictions.


4.7 / 5 AvaTrade
76% of retail CFD accounts lose money

AvaTrade.com is an award-winning online broker in business since 2006. Trade CFDs on all asset classes, from Forex to ETFs and bonds. Its service appeals to novice and experienced traders alike.


4.6 / 5 FxPro
74% of retail CFD accounts lose money

FxPro.com is a global broker, winner of 120+ awards including 'Best CFD Broker' in 2025. Trade CFDs on over 2,000 instruments on the MetaTrader 4/5 or cTrader platforms. FxPro accepts all trading styles.


Other brokers:

  • FXCC Best Execution
  • 4XC Best Customer Service

Comparison table

We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:

OverallMarketsTrading environmentDeposits and withdrawalsInvestor protectionCustomer service
FP Markets 4.8 5.0 4.9 5.0 4.0 5.0
AvaTrade 4.7 5.0 4.2 4.7 4.8 5.0
FxPro 4.6 4.1 4.9 4.6 4.8 4.7
FXCC 4.0 4.0 4.2 4.4 3.8 3.8
4XC 4.1 3.8 4.4 4.5 3.0 4.7
Forex (CFD)Cryptos (CFD)*Stocks (CFD)Indices (CFD)ETFs (CFD)Metals (CFD)Energy (CFD)Commodities (CFD)Bonds (CFD)
FP Markets 72121000164617452
AvaTrade 532664335677572
FxPro 763918352912614
FXCC 7181262
4XC 4951122
MT4MT5TradingViewcTraderCopy trading
FP Markets
AvaTrade
FxPro
FXCC
4XC
Bank transferBroker to broker transferCredit cardDebit cardBTC (Bitcoin)USDT (Tether)NETELLER *Skrill *
FP Markets
AvaTrade
FxPro
FXCC
4XC
AustraliaBahamasCook IslandsCyprus (EU)IrelandSouth AfricaSt. Vincent & the GrenadinesUAEUKUnion of Comoros
FP Markets
AvaTrade
FxPro
FXCC
4XC

* Availability is subject to local laws and regulations.

Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.



4.8 / 5 FP Markets

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com 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 investor compensation fund in the event of bankruptcy.
Our take on FP Markets

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 review

4.7 / 5 AvaTrade
76% of retail CFD accounts lose money

AvaTrade.com is an award-winning online broker in business since 2006. Trade CFDs on all asset classes, from Forex to ETFs and bonds. Its service appeals to novice and experienced traders alike.

  • Likes
  • CFDs on 845 instruments, as well as futures and options.
  • Wide selection of trading platforms, including copy trading.
  • One-on-one assistance when you deposit US$1,000 or more.
  • Daily trading signals from Trading Central.
  • No fees on deposits or withdrawals.
  • Dislikes
  • Quarterly and annual inactivity fees are $50 and $100 respectively.
  • Its 'one size fits all' trading account may not appeal to professional traders.
Our take on AvaTrade

The breadth of assets available to trade through its platform sets this broker apart from the competition. You'll find 845 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.

With AvaTrade, 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 review

4.6 / 5 FxPro
74% of retail CFD accounts lose money

FxPro.com is a global broker, winner of 120+ awards including 'Best CFD Broker' in 2025. Trade CFDs on over 2,000 instruments on the MetaTrader 4/5 or cTrader platforms. FxPro accepts all trading styles.

  • Likes
  • CFDs on 2,000+ 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 with crypto.
  • Get daily trading signals from Trading Central.
  • Dislikes
  • You cannot trade CFDs on government bonds.
  • Higher spreads on standard accounts than competitors.
Our take on FxPro

If you are new to trading, open a Standard account with no minimum deposit, and floating spreads from 1.2 pips. As you gain experience, open its Raw+ account with spreads from $0 and low commissions for a $500 minimum deposit.

The educational content available on FxPro.com 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.

It's hard to find fault with FxPro, a regulated broker with over 26 years of experience, and winner of 120+ awards commending the quality of its service.

Read review

4.0 / 5 FXCC

FXCC.com is a regulated offshore broker with low spreads and high leverage, up to 1:500. It supports all trading styles on the MetaTrader 4 platform.

  • Likes
  • Low spreads from 0 pips.
  • Flexible leverage up to 1:500.
  • All trading styles are allowed.
  • No minimum deposit.
  • Dislikes
  • 3个月无交易将收取闲置账户费用。
  • MT4 is the only trading platform.
  • Withdrawal fees apply across some, but not all, funding methods.
Our take on FXCC

FXCC's high leverage up to 1:500, available across currency pairs, gold, silver, stock indices and energy products, will appeal to day traders. Negative balance protection is available at all times.

FXCC's MetaTrader 4 integration provides a smooth trading experience, with no lags and only minimal slippage. Importantly, iy 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, but $5 mark-up per lot applies when you open an account through us.

Read review

4.1 / 5 4XC
Trading Forex/CFDs on margin carries a high level of risk.

4xc.com is an offshore broker founded in 2018 by traders. 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, or copy trading.
  • All trading styles and Expert Advisors are allowed.
  • Fast execution speeds from its London data-centre.
  • Dislikes
  • Fewer CFDs than other brokers.
  • 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.
Our take on 4XC

4xc.com 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.

If you're looking for trade ideas, 4XC will provide daily AI-powered trade ideas once you account's balance reaches $500. Alternatively, why not open a PAMM account or a copy trading account through 4XC if you prefer to follow others.

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 4XC has received several awards commending the quality of its customer service.

Read review

What'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: FXCC.com'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: FPMarkets.com, FXCC.com and AvaTrade.com 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: FPMarkets.com and FXCC.com are excellent alternatives for swing traders and day traders. Unlike AvaTrade.com, 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, FPMarkets.com 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 FPMarkets.com and FXCC.com 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: FPMarkets.com and AvaTrade.com 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, FPMarkets.com, FXCC.com and AvaTrade.com 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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Author

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.

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