Top Mt4 Brokers for 2022

We found 11 online brokers that are appropriate for Trading Mt4.

Best Mt4 Brokers Guide

Updated September 23, 2022

MT4 Brokers

MT4 Brokers offer the latest tools and services to help traders in their trading business. MT4 stands for Money Transmitter Trading. The MT4 brokers have the greatest software and trading technologies to get your orders filled quickly. You can start to trade within a few seconds after opening your demo account. MT4 also has a variety of automated tools to help you trade more accurately and efficiently. These tools make your trades using MT4 Brokers simple and easy to manage. MT4 will also provide you with the most competitive trading platform around. A large number of winning trades using MT4 will help you build a strong knowledge of the Forex market. This knowledge of the market will help you to better manage your trades, thus increasing your winning rates.

MT4 Expert Advisors is another feature that can be found with many MT4 Brokers. They are extremely helpful to beginners in the Forex industry as they provide useful information to help you make decisions based on market conditions. The top MT4 expert advisors will provide information to give you a clear picture of how a certain trade will play out. You can use these expert advisors to guide your Forex investment decisions but always remember to seek proper legal advice before proceeding with any type of trading.

It is another popular feature of MT4 Brokers. It gives you access to the latest news, tips, analysis, signals, and market updates from all over the world. International news, financial news, geopolitical news, international business news and more can be found on its news pages. It gives you an insight into world leaders, economies, and news that are often critical to your investments. It allows you to get firsthand investing news from the market around the clock. You can also subscribe to be notified via email or RSS about any worldwide events that affect the foreign exchange markets.

Depending on the brokerages, the trading platforms can be different. Amongst these trading platforms, MetaTrader 4 or MT4 is arguably rated as one of the most popular.

It provides robust and resilient tools and features for serious traders around the world. This is why it is considered one of the best trading platforms in the world. The MT4 is widely used by professional brokers in the Forex industry.

MT4 has become the most mainstream trading platform in the world.

Apart from the features factors, the platform is also often picked by professionals and retail traders because it provides great security.

Thanks to its 128-bit encryption, it can guarantee a safe and secure trading environment to play by serious traders. The customization of MT4 is also the reason why many brokerages are using this to facilitate traders to trade Forex and other securities.

Defining MetaTrader 4 Or MT4

It is quite obvious that every trader needs a trusted platform to carry out their trading. If you are on the lookout for an MT4 broker, you will find numerous brokers using different trading platforms. However, the most commonly used platform is MetaTrader 4. MT4 is a platform known for facilitating trades.

This program has set a benchmark for its many rivals in the trading industry. Because of how reliable and flexible the platform is, most MT4 brokers often avoid putting their service quality at risk by offering other platforms to their customers.

The software features two primary components, i.e., the server and the client. Traders use the client component that can be downloaded on any device. Brokerages, on the other hand. Use the server component.

Authorities often specify this platform to Forex MetaTrader brokers providing the software to their customers.

MetaTrader 4 also caters to the market and pending orders. In the case of pending orders, the deal is held until the price of the asset reaches a certain green light level. Market orders, on the other hand, are considered more dynamic since they can be instant executions, request execution, instant execution, and exchange execution.

Market orders are more dynamic because these can be in the form of instant execution, market execution, request execution, as well as exchange execution.

MT4 Brokers: What To Look For?

MT4 Trading is one of the fastest-growing trends in the online Forex markets. With an estimated 50% of the Forex market now being conducted on MT4 platforms, many traders have switched to it to take advantage of all the benefits that this platform has to offer. But what are the key factors to look out for when selecting an MT4 broker? This article will highlight several of the key areas to consider ensuring you choose the best broker for your trading needs.

The MT4 trading platform is fully automated, allowing users to execute trades without having to spend precious time in front of the computer. In addition, most MT4 platforms also come with advanced analytics and charting tools that allow tracking of past and present trends to determine profitable trends and behaviour. For example, one of the popular tracking and trend tools being used by MT4 Brokers is called Metatrader 4. Metatrader has proven itself to be exceptionally reliable and trustworthy when it comes to trading platforms, as it's almost entirely based on scalability and is highly customizable, being easy to use for beginners or veterans alike. With over 40 years of service in the Forex markets, MT4 has the expertise and the reputation to back it up, making it the obvious choice when it comes to selecting a platform for trading Forex.

Most MT4 online brokers offer a free demo account that you can use to practice trading strategies and learn about the MT4 trading platform before making a financial investment. When trading using an online brokerage, it is always important to test out the product and learn how it works before risking real funds. MT4 online brokers offer great user interfaces because of their wealth of experience and the extensive amount of testing they've undergone and continue to undergo.

Choosing a trading strategy is especially important and should not be taken lightly. MT4 Forex brokers have different trading strategies that are based on the experience and skills of traders as well as on the style and rules of the platform itself. It is therefore important that you consider what your trading goals are and then find a broker that matches your personality. Some traders may prefer a hands-off approach, while others may like to spend more time monitoring the market and tweaking their strategy as the market changes. Some specialized MT4 brokers work best with specific sectors, such as equities or commodities.

How To Trade Using MT4 Brokers

If you are brand new to the Forex market (or have been on it for only a brief time), there is a good chance that you've heard of or are currently using various trading strategies like scalping, trends trading, and other such strategies. It can be difficult, however, to determine which strategy you should be using at any given time. Fortunately, if you want to trade with a methodical approach that ensures you get the best results, then Forex trading software such as MT4 is your best option. MT4 is currently among the most widespread trading platforms by retail traders’ thanks in part to its ease to use, a wide range of indicators, and ease of use.

However, just because MT4 is an extremely popular Forex platform doesn't mean that it's the best. It's important to realize that no platform is flawless, and while MT4 has some excellent features, it also has quite a few drawbacks that you should be aware of. These disadvantages can be tricky to overcome, but with some simple education, you'll likely find ways to work around them. And while the trading system is designed to simplify the complex world of Forex trading, it does have a few flaws that could hinder your trading success.

MT4 Brokers Offer 'Free Demo' Accounts - While most MT4 brokers offer free demo accounts, only a few offer actual accounts with real money. Most free demos are simply demonstration accounts that allow you to practice trading through a set of questions. These accounts cannot hold actual cash, so you cannot win trades nor learn how to interpret and strategise Forex signals. The one advantage of these demo accounts though is that you can learn how to use the trading platform and learn if you want to pursue a real Forex trading career.

MT4 Brokers Are Only For Large Trader(s) - Although some demo accounts allow you to trade small sums of money, the MT4 trading platform itself is not meant for the big time. If you're a professional trader with hundreds of trades at a time, then this isn't for you. It would be a shame to waste time on a piece of software that doesn't meet its full potential.

While many mainstream Forex brokers provide trading features that make working with them easy, they still aren't designed with the needs of a professional trader in mind. Most ECN brokers force you to open an account with them to start trading. Even when they offer trading advice, most of it is based upon the criteria of their market category. While they do offer some free advice, most of their advice centres around what will benefit their trading platform. If you want to trade like the pros, then you have to use a specialized platform, one that meets your trading style.

MT4 Tutorial: How To Get Started

When you want to know how to get started with an online business, one of the easiest ways to get you started is to learn how to use MT4 Tutorials. You will not need a lot of money or a lot of effort to get your business up and running. All you need is a computer that has access to the internet and some spare time. The next time you are in a bind, you can take a look at what kind of business you could be starting up. If you have an idea, a good tutorial can help you turn it into a genuine business.

What is so great about MT4 Tutorials is that you can find all kinds of them on the internet. There are hundreds of different tutorials available for just about every topic under the sun. When you are looking for a tutorial to learn how to get started with an online business, you need to make sure that you do your homework before spending any money on training. You don't want to spend your hard-earned money on something that won't get you the results you are looking for.

Many websites offer free tutorials to get you started. You might even find some that offer free MT4 Tutorial: How to Get Started videos that you can watch on your computer. When you are looking for a video tutorial, you will want to look at the ones that offer the most comprehensive information. You want to look for tutorials that cover all the areas that you need to be covered to be successful. Some websites will offer short introductory videos that will give you an innovative idea of the style of the tutorial they offer. Look for one that covers the area you are having problems with.

MT4 Tutorials may also offer you a free look at a specific portion of the business. They have tutorials that will help you get started on the unique features that your business has. If you are having problems with a specific aspect of your business, they likely have a tutorial that will help you get started on that aspect. If you are interested in learning more about the MT4 Tutorial: How to Get Started with an Online Business, you may also find information on how to subscribe to their website.

MT4 Execution

As referred to MT4 has market orders.

In market execution, the basis is on the market price. So, traders will trade based on the market price. In this case, you will see the displays on the trading platform and make your decision based on the prices shown.

Similarly instant execution takes place when the traders execute at the price that displays on the trading platform.

For Exchange execution, as the name suggests, the orders are done by the exchange. This kind of execution is not based on the depth of the market.

Then we have the request execution order. In this execution, the traders will carry out the market order in two simple steps. The first step is to request a quote.

Then following when the quote is issued, the traders will have some time to decide if they want to proceed to the next step or not. The request orders will give ample time for traders to make informative decisions. The MT4 platform, just like other trading software, also comes with different versions, and essentially, all of the MT4 versions have the same functions.

You just need to focus on these three foundations: client terminal, mobile apps, MetaTrader 4 Manager.

Why MT4 Brokers Are Popular

The platform was launched by MetaQuotes in 2005 and licensed to Forex brokers to provide services to customers on a less complicated system. Over fifteen years the platform has turned into one of the most desired platforms by traders and brokers alike.

The platform is currently seen as the industry standard in the Forex industry. MT4 brokers offering the platform usually draw in new traders because of the platform’s simple interface and many features.

How To Choose The Best MetaTrader 4 Brokers

The best MetaTrader brokers are brokers like IC Markets, XTB and Pepperstone.

Before moving forward, traders can consider five main factors about MT4 brokers, which are discussed below:

Trustworthiness

The most crucial step for choosing a broker is looking into how trustworthy they are. This quality is featured only in brokers who are regulated by reputable regulatory bodies like the FCA or CySEC. Such regulators levy strict measures over brokers to keep their clients safe from fraud.

Trading Freedom

Every broker decides the assets they want to make available for trade through their Metatrader 4 terminal. Even though it is most common for brokers to provide all types of minor and major currency pairs, some offer a greater variety of asset classes like stocks, exotic pairs, and digital currencies. Considering anyone has a specific set of financial instruments they want to trade; it helps to check whether their chosen broker offers it on their platform.

The Costs

All brokers offer different sets of commissions, spreads, fees, and swap rates. These altogether vary how much it may cost a user to trade with them. It is always advisable to do the math to determine how much the user will pay for every trader with their chosen broker.

Trade Execution Methods

Similar to all the transactions a person makes, both a seller and a buyer must be present for a trade to occur. When users open a “buy” position on Metatrader 4, their broker must link them with a seller dealing with the same financial instrument.

A majority of brokers will take up that particular role for their trading clients, taking the opposite side of their trade for them to be able to carry out the traders they want. Such brokers are mainly known as “market makers”.

Other types of brokers like ECN brokers link their clients up with another bank or trader who wishes to take the role opposite them.

Both execution styles have their benefits and drawbacks. ECN brokers very often have pricing meant for high-volume seasoned traders and high minimum deposit limits. Market makers, on the other hand, are better for traders wanting to trade in smaller amounts.

Allowed Trading Volume And Size

Brokers often impose specific limits on their clients, e.g., maximum, and minimum deposit amounts, minimum trade sizes, and maximum open trade amounts.

Traders aiming to trade with specifically high or low amounts of funds must see whether their chosen broker allows such a thing. This is because Metatrader 4 may show errors if they attempt to open traders or try deposit amounts incompatible with the limits established by their chosen brokers.

Some other, less important, factors to consider are the broker’s time zone, or whether the broker accepts specific funding methods.

MT4 Customer Support

No matter how experienced a trader is, there are always going to be times when they might need additional support. In such a case, brokers offering solid post-sales attention is crucial.

To get the best experience, it is advisable to seek out 24/5 customer support in both tech assistance and account issues. Some brokers even offer multi-language support.

MetaTrader Charting And Tools

The desktop version of the platform has an easily navigable design. The wide variety of charting tools as well as the default indexes available offer traders good starting points for analysing stocks, commodities, or currency pairs.

Those looking for more advanced evaluation tools, indicators, and approaches can buy or rent them from the MQL5 market found on the platform.

Social Copy Trading And Signals Market Trading

The MT4 MQL5 Community offers a signals market that allows users to copy the live transactions of qualified signal suppliers called social copy trading. Some contributors have done revolutionary things such as offering push notifications with live prices. Features, subscription costs, and fees vary for every supplier on the marketplace. Expert advisors are also easily available, with some of them having complimentary reviews, and some bad. These advisors facilitate trading automation, and for this, traders must know how to vet an advisor before depositing funds.

How To Copy Trade On MetaTrader 4

Metatrader 4 offers plenty of social trading features, one of them being Trading Signals. Trading Signals lets users automatically copy another trader’s trades in real-time. This feature is often provided for free, but some other Signal providers require a certain fee to replicate their traders.

To copy a trader, users must have an active Metatrader 4 live account, as well as an MQL5 account with enough funds. This way, users can look at a specific list of signal providers they can subscribe to in the “Signals” section.

Scalping And Hedging Using Metatrader 4

Scalping is an intraday trading method that exploits small moves in the market. This can be executed effectively on the Metatrader 4 platform, owing to its prompt single-click trading aspect.

It is important to note that this method may not be permitted by a broker having a prohibition on it. Some brokers may even implement a “holding time” requirement for trades, and that could render the strategy less achievable.

Hedging is allowed on the Metatrader 4 platform. However, in a way similar to scalping, some jurisdictions and brokers impose specific rules on whether or not traders are allowed to hedge positions in that way.

For instance, numerous Metatrader 4 brokers based in the UK allow their customers to hedge trades on their platform. They also tally the trader’s margin requirements. Consequently, if a trader hedges a trade, the original trade’s margin is reduced upon setting a hedge. This is because the hedge trade completely or partially removes the risk associated with the initial position.

The Popularity Of MT4 Software

Forex market can be volatile and not friendly for most traders. It is an exact challenge for anyone who wants to join.

While the market is not easy, traders should have the best platform to use to maximize their chances of profiting. It is everyone's effort.

MT4 trading platforms is by far the best software that can help traders to trade their assets without hassle.

Due to its robust experience, the MT4 platform is adopted by a lot of brokers from around the world. Most of these brokerages have believed in the capabilities of the MT4.

The safe and secure trading environment is their primary concern. Thereafter, there is a user-friendly interface which is also the strong reason why MT4 is popular.

No matter how much your trading experience, you can make use of this app to earn more profits.

It also supports multiple languages. There is a possibility that you can use the MT4 in your native language.

All of these features have helped the MT4 trading platform become the first choice when trading online.

MT4 Benefits

The MT4 platform is a platform trusted globally, with millions using its broad range of features. For many years, reputable brokers have been providing MetaTrader 4 to their customers in place of their private trading platforms. The program comes with a beginner-friendly interface with sufficient opportunities for traders with all kinds of skill levels. Below are the advantages of using MT4:

Access To Market Prices And Liquidity

MT4 lets traders gain access to Forex quotes to carry out trades. Any securities (currencies, for example) the trader chooses to trade via an MT4 broker are found in the Market Watch section. The bid or ask quote is also found next to the security symbol. Traders can also use the MT4 to look at other details like contract sizes, spreads, margin currency, and percentage from that same window. In addition, an extra feature referred to as market depth informs traders of market activity (real-time). For example, the buy and sell orders of currency pairs at varying price rates can be found in the market depth area.

This gives traders intel into market sentiment. If the data shows that the offer side liquidity is less compared to bid side liquidity, the trend can be seen as bullish for a currency pair. There are usually greater chances of orders being executed at the current price rates in case of increased liquidity. This may prove extremely helpful for short-term trading methods such as scalping.

Multiple Execution Modes And Trading Orders

There are several kinds of execution methods and trading orders available on the MT4 via the best MT4 brokers, enabling traders to establish and use the strategy of their choosing. The system permits four kinds of pending orders and two market orders. Besides that, users also get three diverse types of trade execution modes, which offers them a considerable amount of flexibility.

Devising strategies for risk management is vital for trading Forex successfully. The MT4 trading platform offers two kinds of stop orders, i.e., trailing stocks and take profit order to diminish any risks. A stop-loss order exits a trading position automatically whenever the market heads in a direction not predicted by the forecast. The take profit feature lets traders set up their desired gain level and exit the position when the price reaches a preset level. It is quite simple to place trading orders. They can either be executed from the chart directly or the toolbar section. They can be modified and deleted with ease, too.

The several types of orders offered make MetaTrader 4 a suitable option for all kinds of traders. Traders who may not want to choose Forex trading as a career can also use MT4 for trading.

Analysis Tools Of All Levels

With a lot of built-in tech indicators and charting features, the MT4 platform provides a broad range of price analysis tools. The system has over thirty built-in tech indicators which include volume and trend tools such as MACD (or Moving Average Convergence Divergence), OBV (On-Balance Volume, RSI (Relative Strength Index (or RSI), and Fibonacci Retracements, etc.

Traders can use the platform to look at unlimited charts simultaneously. Moreover, every currency pair can be seen in nine different timeframes, i.e., from minute intervals to monthly intervals. Users can source extra charts from MQL4 community forums or build indicators on their own.

Detailed chart analysis tools and drawing object features help traders analyse price movements of any complexity level. Besides that, users can customize these charts to suit their needs. The charts can also be saved based on trader profiles.

Users can predict movements in price, determine resistance and support levels, set stop-loss limits, and establish entry as well as exit points from the charts. They can set alert notifications for financial news or crucial economic information and personalise information relevant to a market of their choosing.

Solid Security Features And Stability

According to MT4 reviews, the program is considered to be highly stable and secure for users. Data transactions between customer terminals and servers are encrypted via a 129-bit key. The platform also offers RSA (Rivest–Shamir–Adleman) signatures. Trader IPs are also secured by the platform. These security features combined let traders transact funds in a safe and secure environment, their user accounts protected from cyber-attacks.

The platforms fast trade execution and security features let users trade without having to worry about negative slippage. Users can also use the system from other devices like smart gadgets, allowing them to trade while on the move. The mobile version of the platform comes with all the same features the desktop version offers, i.e., tech analysis tools, full order sets, and charts.

The mobile version of MetaTrader 4 also offers extra features like the MT4 live chat feature and push notifications. Ultimately, Mt4 is ideal for traders of all ages.

Automated Trading For Seasoned Traders

Seasoned traders can easily execute automated trading via MT4 EA (or Expert Advisors). Automated trading enables all kinds of traders to smartly leverage market price movements without intervention or human bias of any kind. Besides that, the IDE (or Integrated Development Environment) lets users build or set up their tech indicators or EAs. After building an EA, any trading strategy can be tested and improved on the platform’s Strategy Tester.

Personalised EAs have aided seasoned traders in creating and executing their trading strategies. The platform also allows users to monetise their established strategies and publish them for others on the Marketplace. This way, traders can get paid for their programming expertise because the MQL4 jargon is easy to learn.

MT4 is a fairly versatile program, its USPs being its prominent level of personalization and flexibility options. With infinite tech tools, easy-to-use controls, strategy-testing abilities, and educational resources, MetaTrader is a top choice among beginners and professionals alike.

MT4 Brokers Verdict

Metatrader 4 is an excellent program for most kinds of traders, especially beginners. It is known to run smoothly, offer a plethora of features, and is reliable to use. However, you will come across numerous brokers and that may be confusing. It helps to ask for a free 30-day trial and try things out before committing to one broker. This way, you will be sure about the type of services you will be receiving.

We've collected thousands of datapoints and written a guide to help you find the best Mt4 Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best mt4 brokers below.

Reputable Mt4 Brokers Checklist

There are a number of important factors to consider when picking an online Mt4 trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Mt4 Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Mt4 Brokers of 2022 compared

Here are the top Mt4 Brokers.

Compare Mt4 Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are mt4 brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more mt4 brokers that accept mt4 clients

Broker IC Markets Roboforex XTB XM AvaTrade Pepperstone FP Markets NordFX EasyMarkets FXPro Admiral
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) 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), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit 200 1 No minimum deposit 5 100 200 100 1 100 100 200
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 10,000+ 250,000+ 3,500,000+ 300,000+ 89,000+ 10,000+ 10,000+ 142,500+ 1,866,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
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  • Email support
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  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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Risk Warning Losses can exceed deposits Losses can exceed deposits 74% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% 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. 71% of retail investor accounts lose money when trading CFDs with this provider 74-89 % of retail investor accounts lose money when trading CFDs Losses can exceed deposits 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
Demo IC Markets
Demo
Roboforex
Demo
XTB
Demo
XM
Demo
AvaTrade
Demo
Pepperstone
Demo
FP Markets
Demo
NordFX
Demo
easyMarkets
Demo
FxPro
Demo
Admiral Markets
Demo
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All Mt4 brokers in more detail

You can compare Mt4 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 Mt4 Brokers for 2022 article further below. You can see it now by clicking here

We have listed top Mt4 brokers below.

Mt4 Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 74% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Zero account VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by 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
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

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Losses can exceed deposits
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Losses can exceed deposits