Metatrader 4 Scams for 2025
We found 11 online brokers that are appropriate for Trading Metatrader 4 Investment.
Metatrader 4 Scams Guide
Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - April 16, 2025
MT4 Scams: How to Spot and Avoid Trading Losses
MetaTrader 4 (MT4) although aging a bit its still widely in use when live trading forex and CFD financial instruments. Launched in 2005 by MetaQuotes Software, MT4 quickly became popular due to its user-friendly interface, robust charting tools, and support for automated trading through Expert Advisors (EAs).
Traders and brokers alike appreciate its flexibility and extensive features, making it a go-to platform for millions around the world.
However, despite its popularity, MT4 is not without vulnerabilities. Like any widely used software, it is a target for cybercriminals and fraudsters. Common vulnerabilities in MT4 trading include issues with outdated software, insecure internet connections, and the use of third-party plugins that may be compromised.
These vulnerabilities can expose traders to risks such as data breaches, unauthorized access, and fraudulent activities, making it crucial for users to be aware of potential threats.
Common Types of MT4 Scams
MT4's popularity has unfortunately made it a breeding ground for various scams. Understanding these common types of scams is essential for any trader using the platform.
Ponzi Schemes and Pyramid Schemes
These schemes promise high returns with little risk, often disguised as legitimate investment opportunities. New investors’ funds are used to pay earlier investors, creating the illusion of profitability. Eventually, these schemes collapse, leaving most participants with significant losses. For instance, the infamous Ponzi scheme operated by Bernie Madoff is a real-world example of how these schemes can deceive and devastate investors.
Fake Trading Signals and Expert Advisors
Scammers often sell fake trading signals or malfunctioning Expert Advisors, promising substantial returns. These fraudulent products either fail to perform or are designed to drain accounts, leaving traders with empty wallets. A notable example is the 'Sniper Forex V2,' an Expert Advisor that scammed numerous traders by providing manipulated backtests to falsely show profitability.
Clone Firms and Unauthorized Platforms
Clone firms replicate legitimate companies to trick traders into investing through unauthorized platforms. These platforms often look identical to the original but are controlled by fraudsters who steal deposits and personal information. A real-world case is the clone firm that impersonated the well-known brokerage, FXCM, by creating a nearly identical website and luring traders into depositing funds.
Phishing and Account Hacking
Phishing scams involve fraudulent emails or websites designed to steal login credentials. Once scammers have access to an account, they can drain funds or use the account for illegal activities. Account hacking through weak passwords or insecure connections is another significant threat. A well-documented case involved a phishing email disguised as a legitimate communication from MetaQuotes, leading to account takeovers.
How to Identify MT4 Scams
Identifying MT4 scams requires vigilance and a keen eye for red flags. Knowing what to look for can save you from financial loss and emotional stress.
Red Flags to Look For
Be wary of brokers or platforms that promise guaranteed profits, lack transparency, or pressure you into making quick decisions. Other red flags include unregulated brokers, poorly designed websites, and unsolicited investment offers.
Due Diligence Steps for Choosing a Broker
Always conduct thorough research before selecting a broker. Check their regulatory status, read reviews from other traders, and verify their physical location and contact details. Reputable brokers will have clear and transparent terms of service and be registered with recognized financial authorities.
For further information, you can visit the Financial Conduct Authority (FCA) website in the UK or the U.S. Securities and Exchange Commission (SEC) website to verify a broker's legitimacy.
Importance of Verifying Broker Regulation
Regulation is a critical factor in choosing a broker. A regulated broker is subject to oversight by financial authorities, which helps ensure they operate within the law and adhere to industry standards. Always verify a broker's regulatory status by checking with the relevant financial authority.
Examples Of Real Life MT4 Trading Scams
1. Clone Broker Scam: FTX Markets Limited
What Happened: A clone firm used the name and branding of a legitimate broker, FTX Markets Limited, to deceive traders into depositing funds. The clone website looked almost identical to the real FTX website, making it difficult for traders to distinguish between the two. Victims were lured in by promises of high returns and trusted the legitimacy of the platform based on the well-known name.
Victims: Many traders deposited substantial amounts of money into the fake platform. Once the funds were deposited, the scammers would cut off all communication, and the victims were unable to withdraw their money.
Scammers: The perpetrators of such clone scams often operate from jurisdictions with weak regulatory oversight, making it difficult for authorities to track them down. In many cases, the websites are taken down, but the scammers behind them are rarely caught. However, increased awareness and cooperation among financial authorities have led to some arrests and prosecutions in similar cases.
2. Ponzi Scheme: 4X Trading
What Happened: 4X Trading was promoted as a legitimate forex trading company that used MT4 for trading. The company promised investors high returns with little to no risk. However, it was later revealed that it was a classic Ponzi scheme, where returns were paid to earlier investors using the funds of new investors rather than from profit earned by the company.
Victims: Many investors, including retirees and individuals who had invested their life savings, lost their money when the scheme inevitably collapsed. The company was unable to attract enough new investors to continue paying returns, and the entire operation fell apart.
Scammers: The individuals behind 4X Trading were eventually caught and prosecuted. The mastermind, along with several accomplices, was sentenced to prison for fraud. The authorities managed to recover some of the stolen funds, but most victims only received a fraction of their initial investment back.
3. Fake Trading Signals: Profitable EA Scam
What Happened: A group of scammers developed and sold a 'Profitable Expert Advisor (EA)' that promised traders high returns on their MT4 accounts. The EA was advertised with fake backtests and manipulated performance records to show that it could consistently generate profits.
Victims: Traders who purchased the EA found that instead of making profits, the EA was designed to execute trades that led to significant losses. Some traders lost their entire trading accounts within a few days. Despite reaching out for support, the victims received no help, and the scammers disappeared after collecting the payments.
Scammers: The scammers behind the Profitable EA scam typically operate anonymously, using fake identities and untraceable payment methods. In this case, they were never caught, and the website selling the EA was taken down soon after complaints started piling up. Such scams highlight the importance of only purchasing EAs from reputable sources and conducting thorough research.
4. Phishing Scam: MetaTrader Phishing Email
What Happened: Scammers sent out phishing emails pretending to be from MetaQuotes, the company behind MT4. The emails contained links that directed users to a fake MetaQuotes website, where they were prompted to enter their MT4 login credentials.
Victims: Traders who fell for the phishing scam unknowingly provided their account details to the scammers. The scammers then used these details to log in to the victims' trading accounts and either withdrew funds or executed unauthorized trades to siphon off the money.
Scammers: While phishing scams are challenging to trace, some cybercriminals involved in these activities have been identified and arrested through international cooperation between law enforcement agencies. However, in most cases, the stolen funds are difficult to recover due to the anonymity of the transactions and the use of cryptocurrency for laundering.
5. Unauthorized Trading Platforms: Fake Forex Broker 'Forex Capital'
What Happened: Forex Capital was an unregulated and unauthorized trading platform that operated under the guise of a legitimate broker. It used MT4 to attract traders, offering what appeared to be standard trading services. However, once traders deposited their funds, they found that the platform manipulated trades to cause consistent losses or simply refused to process withdrawals.
Victims: Many traders lost their deposits, which ranged from a few hundred to several thousand dollars. Attempts to withdraw funds were met with excuses or outright refusals, and eventually, the platform disappeared, leaving victims with no recourse.
Scammers: The perpetrators behind Forex Capital were eventually traced to an offshore operation. Despite efforts by authorities to shut down the operation and bring the scammers to justice, only limited success was achieved. The company was dissolved, but the operators moved on to create similar scams under different names.
Protecting Yourself from MT4 Scams
Protecting yourself from MT4 scams involves adopting secure trading practices and staying informed about potential threats.
Tips for Secure MT4 Trading
Ensure that your MT4 platform is always up to date with the latest software patches. Use a secure and reliable internet connection, and be cautious when using third-party plugins or Expert Advisors. Only download these tools from trusted sources.
Strong Password Practices
Create strong, unique passwords for your trading accounts. Avoid using easily guessable information.
Two-Factor Authentication
In your trading dashboard set two-factor authentication (2FA) as a must. A pin code from your broker is sent to your email of mobile device, before you can action financial transactions in your live trading account.
Regular Account Monitoring
Regularly monitor your trading as you need to be constantly looking for potential suspicious activity. Set up alerts for unusual transactions, and immediately report any discrepancies to your broker.
What to Do If You've Been Scammed
If you fall victim to an MT4 scam, quick action is crucial to minimize damage.
Reporting the Scam to Authorities
Report the scam to your local financial authority and law enforcement. Providing detailed information can help authorities track down the perpetrators and potentially prevent others from being scammed. You can also report scams to international bodies such as INTERPOL or the Internet Crime Complaint Center (IC3).
Recovering Losses (If Possible)
While recovering losses from scams can be challenging, it’s worth pursuing. Contact your bank or payment provider immediately to see if any transactions can be reversed. Some brokers may also have compensation schemes in place for fraud victims. Additionally, you can seek legal advice on the possibility of recovering lost funds.
Learning from the Experience
Reflect on the experience to understand what went wrong and how to avoid similar situations in the future. Use this knowledge to improve your trading practices and inform others about the risks.
Prevention is Key: Stay Informed
Preventing MT4 scams requires continuous learning and vigilance. Staying informed about potential threats and best practices is your best defense. Here are some additional tips.
Be Informed
Invest in your financial education. Understanding the markets, trading strategies, and how to evaluate brokers will help you make informed decisions and reduce the risk of falling for scams.
Reliable Resources for Traders
Use reliable resources such as official financial authority websites, well-established trading forums, and trusted financial news outlets. These sources provide valuable insights and updates on the latest scams and how to avoid them. For example, websites like Investopedia and Bloomberg offer comprehensive information on trading and market updates.
Community Forums and Support
Join trading communities and forums where traders share their experiences and tips. These platforms can be a valuable source of information and support, helping you stay aware of potential risks and how to protect yourself. Websites like Forex Factory and Elite Trader are popular among traders for exchanging insights and staying updated on market trends.
MetaTrader 4 Scams Verdict
MT4, despite its popularity and widespread use, has become a target for various scams due to its accessibility and the sheer volume of traders relying on it. While the platform itself is secure, the open nature of the ecosystem and the involvement of third-party brokers and plugins create opportunities for fraud.
Scams range from Ponzi schemes and fake trading signals to phishing attacks and clone firms, all designed to exploit unsuspecting traders.
The key to avoiding MT4 scams lies in vigilance and education. Traders must conduct thorough due diligence when selecting brokers, verify regulatory status, and adopt strong security practices like using robust passwords and enabling two-factor authentication.
Furthermore, staying informed about common scam tactics and engaging with reputable trading communities can provide an added layer of protection.
We have conducted extensive research and analysis on over multiple data points on Metatrader 4 Scams to present you with a comprehensive guide that can help you find the most suitable Metatrader 4 Scams. Below we shortlist what we think are the best Metatrader 4 investment brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Metatrader 4 Scams.
Reputable Metatrader 4 Scams Checklist
Selecting a reliable and reputable online Metatrader 4 Investment trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Metatrader 4 Investment more confidently.
Selecting the right online Metatrader 4 Investment trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Metatrader 4 Investment broker has a solid track record of at least two years in the industry.
- Verify that the Metatrader 4 Investment broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Metatrader 4 Investment broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Metatrader 4 Investment broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Metatrader 4 Investment brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Metatrader 4 Investment broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Metatrader 4 Investment Brokers in Our Brokerage Comparison Table
When choosing a broker for Metatrader 4 investment trading, it's essential to compare the different options available to you. Our Metatrader 4 investment brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each Metatrader 4 investment broker.
- The funding methods available for Metatrader 4 investment with each broker.
- The types of instruments you can trade with each Metatrader 4 investment broker, such as forex, stocks, commodities, and indices.
- The trading platforms each Metatrader 4 investment broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each Metatrader 4 investment broker affects the cost of trading.
- The level of customer support each Metatrader 4 investment broker offers, including their availability, responsiveness, and quality of service.
- Whether each Metatrader 4 investment broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a Metatrader 4 investment broker that best suits your needs and preferences for Metatrader 4 investment. Our Metatrader 4 investment broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Metatrader 4 Investment Brokers of 2025 compared
Here are the top Metatrader 4 Investment Brokers.
Compare Metatrader 4 investment brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Metatrader 4 investment broker, it's crucial to compare several factors to choose the right one for your Metatrader 4 investment needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Metatrader 4 investment brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Metatrader 4 investment brokers that accept Metatrader 4 investment clients.
| Broker |
IC Markets
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Roboforex
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XTB
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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FXPro
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Admiral
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FXPrimus
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forexmart
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| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize |
| Min Deposit | 200 | 10 | No minimum deposit | No minimum deposit | 100 | 100 | 25 | 100 | 1 | 15 | 15 |
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| Used By | 200,000+ | 730,000+ | 1,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 7,800,000+ | 30,000+ | 300,000+ | 10,000+ |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) |
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| Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with xtb |
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Up with pepperstone |
Sign
Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with fxpro |
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Up with admiralmarkets |
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Up with fxprimus |
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Up with forexmart |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 69% - 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk |
| Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
FxPro Demo |
Admiral Markets Demo |
FXPrimus Demo |
ForexMart Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | RU |
All Metatrader 4 investment brokers in more detail
You can compare Metatrader 4 Investment Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Metatrader 4 Investment Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Metatrader 4 investment brokers below.
Metatrader 4 Scams Table of Contents
- Metatrader 4 Scams Explained
- 6 Factors to Consider when Choosing Metatrader 4 Scams
- Are Your Metatrader 4 Scams Trusted And Established?
- Are The Metatrader 4 Scams World Leading?
- What are the Metatrader 4 Scams Commissions and Fees?
- What are the Metatrader 4 Scams Funding and Withdrawl Methods?
- Find Metatrader 4 Scams with Round-the-clock support?
- Make sure the Metatrader 4 Scams Offer Comprehensive Trader resources?
- Why Metatrader 4 Scams needs to be regulated?
- Metatrader 4 Scams FAQ
- What are the best Metatrader 4 investment brokers?
- What is the best Metatrader 4 investment broker?
- Related Metatrader 4 Scams Reviews
- Related Metatrader 4 Scams Alternatives
- Related Metatrader 4 Scams Comparisons
Metatrader 4 Scams Explained
Trading volatile financial markets with Metatrader 4 Scams can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Metatrader 4 Scams to ensure a successful trading experience.
Selecting Metatrader 4 Scams at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Metatrader 4 Scams markets effectively.
Reliability is key to gaining access to financial markets. Look for Metatrader 4 Scams that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Metatrader 4 Scams confidently.
6 Factors to Consider when Choosing Metatrader 4 Scams
Follow these five rules for selecting Metatrader 4 Scams that are right for you:
Are Your Metatrader 4 Scams Trusted And Established?
Search for a reputable Metatrader 4 Scams with a extensive proven track record for Metatrader 4 Scams, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Metatrader 4 Scams broker is IC Markets. Established in 2007, and in operation for 18 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 16 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
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Roboforex
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XTB
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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FXPro
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|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2002 | 2010 | 2006 | 2005 | 2001 | 2006 |
| Head Office | Australia | Belize | Poland | Australia | Ireland | Australia | Cyprus, Australia | UK |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
| Used By | 200,000+ | 730,000+ | 1,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 7,800,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | Yes | No | No | Yes | No |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XTB | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets | Visit FxPro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 69% - 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Are The Metatrader 4 Scams World Leading?
Opt for Metatrader 4 Scams that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Metatrader 4 Scams is Roboforex. Roboforex Segregates clients funds and offers over 12000 instruments.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
FXPro
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 12000 | 6000 | 1200 | 1000 | 10000 | 275 | 2100 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, CA, IR |
| Forex pairs offered | 61 | 35 | 57 | 70 | 55 | 70 | 150 | 70 |
| Forex pairs offered | 61 | 35 | 57 | 70 | 55 | 70 | 150 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | No | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 21 | 16 | 17 | 18 | 12 | 30 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Stocks Offered | 2100 | 0 | 1696 | 1100 | 1000 | 10000 | 52 | 1700 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Metatrader 4 Scams Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Metatrader 4 Scams broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Metatrader 4 Scams broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
FXPro
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 0 | 0 | 100 | 100 | 25 | 100 |
| Withdrawl Fees | No | No | Yes | No | No | No | No | No |
| Inactivity Fees | No | No | Yes | No | Yes | No | No | Yes |
| Deposit Fees | No | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes | Yes | No | Yes | No | charge commissions on cTrader only |
What are the Metatrader 4 Scams Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Metatrader 4 Scams. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Metatrader 4 Scams.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
FXPro
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | Yes | Yes | Yes | No | Yes |
| Skrill | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Payoneer | No | Yes | Yes | Yes | Yes | No | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Metatrader 4 Scams with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Metatrader 4 Scams.
Metatrader 4 Scams customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Metatrader 4 Scams can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
FXPro
|
|---|---|---|---|---|---|---|---|---|
| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | English, German, Arabic, Chinese, Spanish and Polish | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XTB | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets | Visit FxPro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 69% - 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Make sure the Metatrader 4 Scams Offer Comprehensive Trader resources?
It's important to ensure your Metatrader 4 Scams provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Metatrader 4 Scams. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Metatrader 4 Scams.
Why Metatrader 4 Scams needs to be regulated?
Regulated Metatrader 4 Scams lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Metatrader 4 Scams.
Consumers are protected by Metatrader 4 Scams regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Metatrader 4 Scams is necessary to prevent fraud. The Metatrader 4 Scams working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Metatrader 4 Scams is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Metatrader 4 Scams List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), WindowsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTraderCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits