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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 VT Markets where it is available, followed by Exness, RoboForex, and Vantage. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
Trading Conditions
| Broker | Link | ||
|---|---|---|---|
| VT Markets | 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) | $50 | Open |
| Exness | 0.0 pips (Raw) | 0.2 pips (Standard) | $1 | Open |
| RoboForex | 0.0 pips (Prime) | 1.4 pips (Pro) | $10 | Open |
| Vantage | 0.0 pips (Raw ECN) | $50 | Open |
| FP Markets | 0.0 pips (Raw) | $100 | Open |
| BlackBull Markets | 0.0 pips (ECN Prime) | $0 | Open |
| Hantec Markets | 0.0 pips (Raw ECN) | 1.2 pips (Standard) | $10 | Open |
| Capital.com | 0.6 pips (Standard) | $20 | Open |
| XM | 0.6 pips (Ultra Low) | 1.6 pips (Standard) | $5 | Open |
| IC Markets | 0.0 pips (Raw) | 0.8 pips (Standard) | $200 | Open |
| FXTM | 0.0 pips (ECN) | 1.5 pips (Standard) | $10 | Open |
| AvaTrade | 0.9 pips (Standard) | $100 | Open |
| FxPro | 0.0 pips (Raw+) | 1.2 pips (Standard) | $100 | Open |
| Axi | 0.0 pips (Pro) | $0 | Open |
| Tickmill | 0.0 pips (Raw) | 1.6 pips (Classic) | $100 | Open |
| ThinkMarkets | 0.0 pips (ThinkZero) | $0 | Open |
| HFM | 1.0 pips (Premium) | 0.0 pips (Zero) | $0 | Open |
| HYCM | 0.2 pips (Raw) | $100 | Open |
| IQ Option | 0.8 pips | $10 | Open |
| Quotex | N/A (Digital options) | $10 | Open |
| Libertex | 0.0 pips (Commission-based) | $10 | Open |
| GO Markets | 0.0 pips (GO Plus+) | 1.1 pips (Standard) | $0 | Open |
| Pepperstone | 0.0 pips (Razor) | 1.0 pips (Standard) | $0 (Recommended $200) | Open |
| IG | 0.6 pips (Standard) | $250 ($0 bank transfer) | Open |
| OANDA | 1.1 pips (Standard) | 0.1 pips (Core) | $0 | Open |
| Forex.com | 1.2 pips (Standard) | 0.2 pips (Raw) | $100 | Open |
| FBS | 0.7 pips (Standard) | $5 | Open |
| Eightcap | 0.0 pips (Raw) | $100 | Open |
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.

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

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

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

BlackBull Markets Review Summary
BlackBull Markets supports MetaTrader 4. EUR/USD from 0.0 pips (ECN Prime). 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 Ultra-Low — compare account types before opening

Hantec Markets Review Summary
Hantec Markets supports MetaTrader 4. EUR/USD from 0.0 pips (Raw ECN) | 1.2 pips (Standard). 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

Capital.com Review Summary
Capital.com supports MetaTrader 4. EUR/USD from 0.6 pips (Standard). Min deposit: $20.
Pros
- Regulation varies by entity
- Minimum deposit: $20
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Ultra-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

IC Markets Review Summary
IC Markets supports MetaTrader 4. EUR/USD from 0.0 pips (Raw) | 0.8 pips (Standard). Min deposit: $200.
Pros
- Regulation varies by entity
- Minimum deposit: $200
- 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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Read risk disclosureFrequently 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
- Exness Accounts— Exness
- Vantage Account Types— Vantage
- Hantec Markets Trading Accounts— Hantec Markets
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our AI Content Policy.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.

