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Our 2 top picks for MetaTrader 4
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

Pepperstone
- Top-tier liquidity with frequent 0.0 pip spreads
- Exceptional platform choice including TradingView and cTrader
- Award-winning 24/5 customer support

VT Markets
- 100% deposit bonus on first deposit (minimum deposit $50)
- Raw ECN account with 0.0 pip spread potential
- MT4 and MT5 available across desktop and mobile
Why these two
Both brokers are shortlisted specifically for MetaTrader 4, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
What is MetaTrader 4?
Why Trade on MetaTrader 4?
MetaTrader 4 (MT4) is the most popular forex trading platform worldwide, known for its user-friendly interface, extensive charting tools, automated trading via Expert Advisors (EAs), and massive community of third-party indicators and scripts. Our current ranking starts with Pepperstone where it is available, followed by VT Markets, Exness, and RoboForex. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
| Broker | Withdrawal | Regulation & funding | Action | ||
|---|---|---|---|---|---|
![]() | 0.0 pips (Razor) | 1.0 pips (Standard) | $0 (Recommended $200) | 1-2 business days | ASIC (Australia)FCA (UK)CySEC (Cyprus) | |
![]() | 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) | $50 | 1-2 business days | ASIC (Australia)FSCA (South Africa)FSC (Mauritius) | |
![]() | 0.0 pips (Raw) | 0.2 pips (Standard) | $1 | Instant | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 0.0 pips (Prime) | 1.4 pips (Pro) | $10 | Instant for most electronic methods | FSC (Belize) | |
![]() | 0.0 pips (Raw) | $100 | Same day to 1 business day | ASIC (Australia)CySEC (Cyprus)SVG FSA | |
![]() | 0.0 pips (ECN) | $50 | 1-2 business days | FCA (UK)ASIC (Australia)FSCA (South Africa) | |
![]() | 1.0 pips (Premium) | 0.0 pips (Zero) | $0 | 24 hours | FCA (UK)CySEC (Cyprus)DFSA (Dubai) | |
![]() | 0.6 pips (Ultra Low) | 1.6 pips (Standard) | $5 | 24 hours | CySEC (Cyprus)ASIC (Australia)DFSA (Dubai) | |
![]() | 1.3 pips (Standard) | $50 | 1-2 business days | FCA (UK)ASIC (Australia)CySEC (Cyprus) | |
![]() | 0.0 pips (Raw ECN) | $50 | 1-2 business days | ASIC (Australia)FCA (UK)CIMA (Cayman) | |
![]() | 0.0 pips (ECN Prime) | $0 | 1 business day | FMA (New Zealand)FSA (Seychelles) | |
![]() | 0.0 pips (Raw ECN) | 1.2 pips (Standard) | $10 | 1-2 business days | FCA (UK)FSC (Mauritius) | |
![]() | 0.0 pips (Raw) | 0.8 pips (Standard) | $200 | 24-48 hours | ASIC (Australia)CySEC (Cyprus)Seychelles FSA | |
![]() | 0.0 pips (ECN) | 1.5 pips (Standard) | $10 | 24 hours | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 0.9 pips (Standard) | $100 | 1-2 business days | Central Bank of IrelandASIC (Australia)FSCA (South Africa) | |
![]() | 0.0 pips (Raw+) | 1.2 pips (Standard) | $100 | 1 business day | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 0.0 pips (Edge) | 1.0 pips (Classic) | $100 | 1-2 business days | ASIC (Australia)FMA (New Zealand)VFSC (Vanuatu) | |
![]() | 0.0 pips (Pro) | $0 | 1-2 business days | ASIC (Australia)FCA (UK)FMA (New Zealand) | |
![]() | 0.0 pips (Raw) | $100 | 1-2 business days | ASIC (Australia)FCA (UK)SCB (Bahamas) | |
![]() | 0.0 pips (Zero) | 0.5 pips (Trade) | $25 | 1-2 business days | FCA (UK)CySEC (Cyprus)ASIC (Australia) | |
![]() | 0.0 pips (Raw) | 1.6 pips (Classic) | $100 | 1 business day | FCA (UK)CySEC (Cyprus)FSA (Seychelles) | |
![]() | 0.0 pips (Zero) | $0 | Same day | ASIC (Australia)VFSC (Vanuatu) | |
![]() | 0.0 pips (ThinkZero) | $0 | 1-2 business days | ASIC (Australia)FCA (UK)FSCA (South Africa) | |
![]() | 0.0 pips (Raw) | $0 | Same day | ASIC (Australia)VFSC (Vanuatu) | |
![]() | 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN) | $50 | 24 hours | SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia) | |
![]() | 0.7 pips (Fixed, VIP) | 1.5-1.8 pips (Standard) | $25 | 1-2 business days | CySEC (Cyprus)ASIC (Australia)FSC (BVI) | |
![]() | 0.2 pips (Raw) | $100 | 1-2 business days | FCA (UK)CySEC (Cyprus)CIMA (Cayman Islands) | |
![]() | 0.0 pips (ECN) | 1.8 pips (Classic) | $10 (Cent) / $50 (Classic/ECN) | 1-2 business days | CySEC (Cyprus)FSC (Mauritius)SVGFSA (registration only) | |
![]() | 0.0 pips (Commission-based) | $10 | 1-5 business days | CySEC (Cyprus) | |
![]() | From ~1.0 pips (confirm current terms) | $50 | Confirm current terms directly | FCA (UK) | |
![]() | 0.6 pips | $100 | 1-2 business days | FCA (UK)CySEC (Cyprus)ASIC (Australia) | |
![]() | 0.0 pips (GO Plus+) | 1.1 pips (Standard) | $0 | 1-2 business days | ASIC (Australia)CySEC (Cyprus)FSC (Mauritius) | |
![]() | 0.6 pips (Standard) | $250 ($0 bank transfer) | 2-5 business days | FCA (UK)ASIC (Australia)CFTC/NFA (USA) | |
![]() | 1.1 pips (Standard) | 0.1 pips (Core) | $0 | 1-3 business days | CFTC/NFA (US)FCA (UK)ASIC (Australia) | |
![]() | 1.2 pips (Standard) | 0.2 pips (Raw) | $100 | 1-2 business days | CFTC/NFA (USA)FCA (UK)ASIC (Australia) | |
![]() | 0.7 pips (Standard) | $5 | 15-20 minutes | ASIC (Australia)CySEC (Cyprus)IFSC (Belize) | |
![]() | 0.7 pips | $0 | 1-2 business days | FCA (UK)ASIC (Australia)BaFin (Germany) |





































We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

Pepperstone Review Summary
Pepperstone supports MetaTrader 4. EUR/USD from 0.0 pips (Razor) | 1.0 pips (Standard). Min deposit: $0 (Recommended $200).
Pros
- Regulation varies by entity
- Minimum deposit: $0 (Recommended $200)
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening

VT Markets Review Summary
VT Markets supports MetaTrader 4. EUR/USD from 0.0 pips (Raw ECN) | 1.2 pips (Standard STP). Min deposit: $50.
Pros
- Regulation varies by entity
- Minimum deposit: $50
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening

Exness Review Summary
Exness supports MetaTrader 4. EUR/USD from 0.0 pips (Raw) | 0.2 pips (Standard). Min deposit: $1.
Pros
- Regulation varies by entity
- Minimum deposit: $1
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening

RoboForex Review Summary
RoboForex supports MetaTrader 4. EUR/USD from 0.0 pips (Prime) | 1.4 pips (Pro). Min deposit: $10.
Pros
- Regulation varies by entity
- Minimum deposit: $10
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening

FP Markets Review Summary
FP Markets supports MetaTrader 4. EUR/USD from 0.0 pips (Raw). Min deposit: $100.
Pros
- Regulation varies by entity
- Minimum deposit: $100
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening

Moneta Markets Review Summary
Moneta Markets supports MetaTrader 4. EUR/USD from 0.0 pips (ECN). Min deposit: $50.
Pros
- Regulation varies by entity
- Minimum deposit: $50
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening

HFM Review Summary
HFM supports MetaTrader 4. EUR/USD from 1.0 pips (Premium) | 0.0 pips (Zero). Min deposit: $0.
Pros
- Regulation varies by entity
- Minimum deposit: $0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening

XM Review Summary
XM supports MetaTrader 4. EUR/USD from 0.6 pips (Ultra Low) | 1.6 pips (Standard). Min deposit: $5.
Pros
- Regulation varies by entity
- Minimum deposit: $5
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening

FXCM Review Summary
FXCM supports MetaTrader 4. EUR/USD from 1.3 pips (Standard). Min deposit: $50.
Pros
- Regulation varies by entity
- Minimum deposit: $50
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening

Vantage Review Summary
Vantage supports MetaTrader 4. EUR/USD from 0.0 pips (Raw ECN). Min deposit: $50.
Pros
- Regulation varies by entity
- Minimum deposit: $50
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-Low — compare account types before opening
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Frequently Asked Questions About MetaTrader 4 Brokers
Frequently Asked Questions
Top Searched Questions
Which brokers offer the best MT4 trading experience?
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Sources & References
- Pepperstone Trading Platforms— Pepperstone
- Exness Accounts— Exness
- HFM Trading Accounts— HFM
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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