Best MetaTrader 4 Brokers 2026

Last updated June 18, 2026

Compare the top brokers offering MetaTrader 4 by MetaQuotes. 28 verified brokers ranked.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
Maria Mendoza

Written by

Maria Mendoza

Marcus Thompson

Fact Checked by

Marcus Thompson

Top Shortlist for Global

#1
VT Markets
VT Markets
Review
#2
Exness
Exness
Review
#3
RoboForex
RoboForex
Review
Full Comparison
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Last reviewed:
By:Maria Mendoza
Fact-checked by:Marcus Thompson

What is MetaTrader 4?

MetaTrader 4 is a trading platform developed by MetaQuotes. 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. Despite being released in 2005, MT4 remains the industry standard for retail forex trading.

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

BrokerLink
VT Markets0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$50Open
Exness0.0 pips (Raw) | 0.2 pips (Standard)$1Open
RoboForex0.0 pips (Prime) | 1.4 pips (Pro)$10Open
Vantage0.0 pips (Raw ECN)$50Open
FP Markets0.0 pips (Raw)$100Open
BlackBull Markets0.0 pips (ECN Prime)$0Open
Hantec Markets0.0 pips (Raw ECN) | 1.2 pips (Standard)$10Open
Capital.com0.6 pips (Standard)$20Open
XM0.6 pips (Ultra Low) | 1.6 pips (Standard)$5Open
IC Markets0.0 pips (Raw) | 0.8 pips (Standard)$200Open
FXTM0.0 pips (ECN) | 1.5 pips (Standard)$10Open
AvaTrade0.9 pips (Standard)$100Open
FxPro0.0 pips (Raw+) | 1.2 pips (Standard)$100Open
Axi0.0 pips (Pro)$0Open
Tickmill0.0 pips (Raw) | 1.6 pips (Classic)$100Open
ThinkMarkets0.0 pips (ThinkZero)$0Open
HFM1.0 pips (Premium) | 0.0 pips (Zero)$0Open
HYCM0.2 pips (Raw)$100Open
IQ Option0.8 pips$10Open
QuotexN/A (Digital options)$10Open
Libertex0.0 pips (Commission-based)$10Open
GO Markets0.0 pips (GO Plus+) | 1.1 pips (Standard)$0Open
Pepperstone0.0 pips (Razor) | 1.0 pips (Standard)$0 (Recommended $200)Open
IG0.6 pips (Standard)$250 ($0 bank transfer)Open
OANDA1.1 pips (Standard) | 0.1 pips (Core)$0Open
Forex.com1.2 pips (Standard) | 0.2 pips (Raw)$100Open
FBS0.7 pips (Standard)$5Open
Eightcap0.0 pips (Raw)$100Open

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 logo
Our Rating
4.8/5.0
Best Fortraders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing
Min Deposit$50

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 logo
Our Rating
4.8/5.0
Best ForLow-cost traders, high-volume day traders & scalpers
Min Deposit$1

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 logo
Our Rating
4.3/5.0
Best ForHigh-leverage traders, automated trading & varied account types
Min Deposit$10

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 logo
Our Rating
4.4/5.0
Best ForRaw spread traders & Australian forex enthusiasts
Min Deposit$50

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 logo
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100

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 logo
Our Rating
4.3/5.0
Best ForECN traders & New Zealand-based clients
Min Deposit$0

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 logo
Our Rating
4.4/5.0
Best ForExperienced traders, institutional clients & multi-asset investors
Min Deposit$10

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 logo
Our Rating
4.6/5.0
Best ForBeginners, AI-driven trading & mobile-first traders
Min Deposit$20

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 logo
Our Rating
4.7/5.0
Best ForBeginners, education-focused traders & low deposit users
Min Deposit$5

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 logo
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200

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 disclosure

Frequently Asked Questions About MetaTrader 4 Brokers

Frequently Asked Questions

MetaTrader 4 is a trading platform developed by MetaQuotes. 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. Despite being released in 2005, MT4 remains the industry standard for retail forex trading.
The best MetaTrader 4 brokers in 2026 are VT Markets (4.8/5), Exness (4.8/5), RoboForex (4.3/5).
MetaTrader 4 is free to use with most forex brokers. The broker provides the platform at no cost, and you only pay trading-related fees (spreads and commissions).
Yes, MetaTrader 4 is available on iOS and Android devices. Most brokers offer dedicated mobile apps for MetaTrader 4.

Top Searched Questions

Which brokers offer the best MT4 trading experience?

The best MT4 brokers combine raw spreads from 0.0 pips, sub-50ms execution, free VPS hosting, and full support for Expert Advisors. Look for brokers with servers close to your location, hedging support, and the ability to use custom indicators from the large MQL4 community.

How do I choose an MT4 forex broker?

Priority criteria for MT4 broker selection: 1) Regulation quality (Tier-1 preferred), 2) Spread competitiveness on your pairs, 3) Execution type (ECN vs. STP), 4) EA policy (some brokers restrict scalping EAs), 5) VPS availability, 6) Server location for latency. Demo test for at least two weeks.
Information automatically localized based on "best mt4 brokers" and related trends.

Sources & References

  1. Exness
  2. Vantage
  3. Hantec Markets
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. BrokerAnalysis

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Not Financial Advice:

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.

Affiliate Disclosure:

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.

Regional Availability Notice

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.