Best MT4 Brokers
By Stéphane on 29/09/2023
We've reviewed the best MT4 brokers in the UK, and highlighted those that accept all Expert Advisors and trading styles. Visit their website to download MetaTrader 4 and get started.
Brokers we recommend

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

AvaTrade 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.

FXCC 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.

Other brokers:
- Pepperstone Best Broker for TradingView
- FxPro Best MetaTrader 5 Broker
- LiteFinance Best for Copy Trading
- 4XC Best Customer Service
- NordFX Easy Account Opening
Comparison table
Here's how and why rated these brokers, or learn more about our impartial 18-point methodology.
Overall | Markets | Trading environment | Deposits and withdrawals | Investor protection | Customer service | |
---|---|---|---|---|---|---|
FP Markets | 4.8 | 5.0 | 4.8 | 5.0 | 4.0 | 5.0 |
AvaTrade | 4.7 | 5.0 | 4.2 | 4.7 | 4.8 | 5.0 |
FXCC | 4.0 | 4.0 | 4.2 | 4.4 | 3.8 | 3.8 |
Pepperstone | 4.7 | 5.0 | 4.8 | 4.4 | 4.8 | 4.7 |
FxPro | 4.6 | 4.1 | 4.9 | 4.6 | 4.8 | 4.7 |
LiteFinance | 4.1 | 4.0 | 4.4 | 4.2 | 3.2 | 4.7 |
4XC | 4.1 | 3.8 | 4.4 | 4.5 | 3.0 | 4.7 |
NordFX | 3.4 | 3.0 | 4.2 | 3.2 | 2.0 | 4.6 |
Forex (CFD) | Cryptos (CFD)* | Stocks (CFD) | Indices (CFD) | ETFs (CFD) | Metals (CFD) | Energy (CFD) | Commodities (CFD) | Bonds (CFD) | |
---|---|---|---|---|---|---|---|---|---|
FP Markets | 72 | 12 | 1000 | 16 | 46 | 17 | 4 | 5 | 2 |
AvaTrade | 55 | 14 | 612 | 23 | 31 | 9 | 10 | 7 | 2 |
FXCC | 71 | 8 | 12 | 6 | 2 | ||||
Pepperstone | 96 | 20 | 957 | 23 | 112 | 12 | 4 | 16 | |
FxPro | 70 | 27 | 137 | 18 | 8 | 4 | 4 | ||
LiteFinance | 57 | 66 | 131 | 15 | 5 | 3 | 5 | ||
4XC | 60 | 5 | 11 | 2 | 2 | ||||
NordFX | 33 | 13 | 23 | 4 | 2 | 3 |
MT4 | MT5 | cTrader | Copy trading | TradingView | |
---|---|---|---|---|---|
FP Markets | |||||
AvaTrade | |||||
FXCC | |||||
Pepperstone | |||||
FxPro | |||||
LiteFinance | |||||
4XC | |||||
NordFX |
Bank transfer | Credit card | Debit card | BTC (Bitcoin) | USDT (Tether) | NETELLER * | Skrill * | Broker to broker transfer | Binance Pay | |
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FP Markets | |||||||||
AvaTrade | |||||||||
FXCC | |||||||||
Pepperstone | |||||||||
FxPro | |||||||||
LiteFinance | |||||||||
4XC | |||||||||
NordFX |
Australia | Bahamas | Cook Islands | Cyprus (EU) | Nevis | South Africa | St. Vincent & the Grenadines | UAE | UK | Vanuatu | |
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FP Markets | ||||||||||
AvaTrade | ||||||||||
FXCC | ||||||||||
Pepperstone | ||||||||||
FxPro | ||||||||||
LiteFinance | ||||||||||
4XC | ||||||||||
NordFX |
* 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.

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FP Markets 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 or cTrader 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.
We've traded through this broker's MT5 Raw account and can vouch for its low spreads and reliable trading environment. Its Raw account is designed for day traders and scalpers, and its Standard account will suit all others.
We also like the breadth of instruments available through its platform. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros and Aussie dollars. 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. Fund your account to get access to trading signals from Trading Signal and Autochartist. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.

AvaTrade 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 AvaTrade 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.
AvaTrade supports the MT4 and MT5 platforms, available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. AvaTrade's spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.
Its customer service is excellent too. 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. AvaTrade support is available five days a week through various channels, including WhatsApp.

FXCC 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
- FXCC only supports MetaTrader 4.
- Withdrawal fees apply across some, but not all, funding methods.
We particularly like FXCC's high leverage (up to 1:500) available across all currency pairs, gold, silver, stock indices and energy products. It offers negative balance protection, for added peace of mind.
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. We look forward to the day when FXCC will support MT5.
As FXCC 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, FXCC will apply a $5 mark-up per lot, per side, if you open an account through us.

Pepperstone is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5, TradingView or cTrader. Pepperstone allows all trading styles.
- Likes
- Trade over 1,200 instruments across many asset classes.
- Trade on MT4/5, cTrader or even TradingView.
- All trading styles and EAs are allowed.
- Wide range of currencies for your trading account.
- Excellent customer service.
- Dislikes
- You cannot choose which Pepperstone entity to open an account with. For example, you will need to open an account with Pepperstone's FCA-regulated entity if you live in the UK.
We particularly enjoy Pepperstone's integration with TradingView, which makes it possible to open and close positions directly from the charts. This in addition to its support for the popular MetaTrader 4, 5 and cTrader platforms.
Fees are a big factor for any trader. And Pepperstone's competitive spreads and commissions are a significant plus point for us. Its Standard account with low and variable spreads will appeal to all traders. And its Raw account is designed for Forex day traders and scalpers.
Deposits and withdrawals are easy and hassle-free, which is exactly what we look for in a broker. Whenever we've reached out to customer service, we've found their agents to be responsive and attentive.

FxPro is a global broker, winner of 100+ awards including 'Best FX Service Provider' in 2023. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro 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 FxPro, a broker with a 20-year track record. We've traded through FxPro's Raw account and enjoy the razor-thin floating spreads and low commissions. This account, which comes with a $1,000 minimum deposit, will appeal to experienced traders.
If you're new to trading, you could also open a Standard account with a low $100 deposit. You'll enjoy a more predictable trading environment with fixed, albeit wider, spreads. In short, FxPro is a platform you can grow into as you gain experience.
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.

Trade CFDs on a wide range of markets on M4/5, with leverage up to 1:1,000 through LiteFinance.com. LiteFinance accepts all EAs and trading styles, including scalping and news trading. Earn up to 2.5% interest on your 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 have been trading through LiteFinance's ECN account for over 3 years on raw spreads plus a commission of $5 per lot, per side, and we enjoy its unrestricted trading environment.
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 bit high, especially card withdrawals.
LiteFinance publishes a lot of educational content in the form of webinars and articles on its blog, often focused on technical analysis. However, you might find yourself lost if you are new to trading.

4XC is an offshore broker founded in 2018 by Forex veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC 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.
- 4XC is regulated in the Cook Islands, a country without an investor compensation fund.
From the outset, 4XC has offered high leverage (up to 1:500) across Forex, gold and silver. It accepts all trading styles on MT4/5 without restrictions. Alternatively, you may open a PAMM account or a copy trading account.
Its customer service agents, available 6 days a week, have always been friendly and professional. So it's perhaps no surprise that 4XC has received several awards commending the quality of its customer service team.
Overall, we would recommend 4XC to anyone looking for a trustworthy broker, especially if you are primarily interest in trading Forex or precious metals on high leverage.

NordFX is a fully offshore Forex broker serving traders since 2008. Trade 33 currency pairs, crypto and more with flexible leverage up to 1:1000 on MetaTrader 4. Start trading in minutes without ID checks.
- Likes
- High leverage up to 1:1000.
- Copy trading and PAMM accounts are available.
- Start trading without ID.
- Dislikes
- NordFX offers fewer instruments than other brokers.
- NordFX only supports the MT4 platform.
- Withdrawal fees apply.
NordFX is one of few brokers that allows anyone to open an account and trade without having to provide proof of identity. However, you'll need to verify your identity later, upon raising a withdrawal request.
NordFX offers leverage up to 1:1000 across currencies and precious metals. However, as it reserves the right to adjust the maximum leverage based on market conditions, you could be surprised by a margin call if you use high leverage.
NordFX processes deposits and withdrawals fast, including on weekends. However, inconsistencies between deposit and withdrawal methods have been a source of frustration for us. Withdrawal fees, in the region of 4% for Visa and Mastercard, are a negative.
MetaTrader is one of the most popular trading platforms in the world, with millions of traders using the platform to get real-time prices and trade from the charts. Here are 5 things to look for if you're looking for the best MT4 broker:
1. Range of markets
MetaTrader 4 allows you to trade a wide range of markets from a single platform, but this isn't to say that all MT4 brokers are alike. If you're primarily interested in Forex, you'll want to open an account with a broker that supports the largest possible number of currency pairs. FXCC allows you to trade CFDs on 70 currency pairs, across majors and minors such as the Turkish Lira, the Russian Ruble or the Chinese Yuan. If you'd like to find out more, read our broker reviews for side-by-side broker comparisons.
2. Expert advisors
MetaTrader 4 owes part of its success to Expert Advisors (EAs), trading bots that can monitor the market and even trade on your behalf. Download third-party robots or indicators from the MetaTrader 4 Market(1), or create your own if you have an interest in programming. Unfortunately, some MT4 brokers like AvaTrade place restrictions on your ability to use certain Expert Advisors. Others, like FxPro and FXCC allow all trading styles and place no restrictions on your use of Expert Advisors. If in doubt, ask your preferred broker about his support for Expert Advisors.
3. Execution
Trade execution matters when you're looking to open or close orders in fast-moving markets, especially around major news announcements or economic data releases. If you're new to trading, it's important that you familiarise yourself with the following concepts:
- Instant execution: the price you see if the price you'll pay (as long as that market price is still valid). When markets are volatile, that price may change suddenly. When this happens, your broker will quote a new price, that you can either accept or decline. This is known as a re-quote.
- Market execution: the price you'll pay is the market price at the time your order is executed. When markets are volatile, that price may differ from the one you expected to pay when you placed your order. This is known as slippage, and is a common occurrence in Forex trading.
New traders tend to prefer instant execution, because it provides greater certainty of pricing. Experienced traders tend to prefer market execution, because it provides greater certainty of execution. With FxPro, you can open an MT4 account with either instant or market execution - the choice is yours. In contrast, FXCC offers market execution with very low latency, over an electronic communication network.
To help you find the right account, we've clearly shown the execution type of each of the MT4 accounts featured on this page. However, if you'd like to find out more, why not take a look at our reviews of brokers with instant execution and market execution.
4. Customer support
Customer service can make all the difference between an outstanding and a disappointing trading experience. However, it can be one of the hardest things to assess from the outset. When comparing MetaTrader 4 brokers, look for one that provides a wide range of contact methods in your language. We’d also encourage you to contact customer support directly before opening an account. This will allow you to assess how responsive and helpful a broker genuinely is.
5. Investor protections
Finally, be mindful of the regulations your chosen broker abides by. Brokers regulated in the UK and EU are required to place your funds in 'segregated accounts', separate from their own. You'll also be able to access either a British or a European investor compensation fund should your broker go bust. In contrast, offshore brokers offer higher leverage, but tend to offer fewer investor protections and no access to a compensation fund.
If you're unsure about who to trade with, why not open a free account with 2 or 3 MT4 brokers listed on this page. This will allow you to try their service and assess their platform in a live trading environment. FxPro was crowned Best in Class MetaTrader Broker in the 2020 ForexBrokers awards(2), and FXCC was named Best MT4 Broker in the 2018 JFEX Awards(3).
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About the author
I'm Stéphane, 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.
- 1. MetaQuotes. Buy a robot or an indicator. https://www.metatrader4.com/en/market/robots-indicators
- 2. FxPro. FxPro Awards. https://www.fxpro.com/awards
- 3. FXCC. FXCC Awards. https://www.fxcc.com/awards