Best MetaTrader 4 Brokers 2026

Last updated September 4, 2026

Compare the top brokers offering MetaTrader 4 by MetaQuotes. 37 verified brokers ranked.

How We Ranked

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

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Global

#1
Pepperstone
Pepperstone
Review
#2
VT Markets
VT Markets
Review
#3
Exness
Exness
Review
Full Comparison
Personalized broker matching

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Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.

Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for MetaTrader 4

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for MetaTrader 4
Pepperstone

Pepperstone

Min. deposit $0 (Recommended $200)
  • Top-tier liquidity with frequent 0.0 pip spreads
  • Exceptional platform choice including TradingView and cTrader
  • Award-winning 24/5 customer support
ASIC (Australia), FCA (UK), CySEC (Cyprus)
#2 · Best alternative
VT Markets

VT Markets

Min. deposit $50
  • 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
ASIC (Australia), FSCA (South Africa), FSC (Mauritius)

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?

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 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.

Trading Conditions

37 brokers · how we rank

Compare trading conditions for MetaTrader 4 brokers.

BrokerWithdrawalRegulation & fundingAction
0.0 pips (Razor) | 1.0 pips (Standard)$0 (Recommended $200)1-2 business days
ASIC (Australia)FCA (UK)CySEC (Cyprus)
VT Markets4.8/5.0
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$501-2 business days
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Exness4.8/5.0
0.0 pips (Raw) | 0.2 pips (Standard)$1Instant
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
RoboForex4.3/5.0
0.0 pips (Prime) | 1.4 pips (Pro)$10Instant for most electronic methods
FSC (Belize)
FP Markets4.5/5.0
0.0 pips (Raw)$100Same day to 1 business day
ASIC (Australia)CySEC (Cyprus)SVG FSA
0.0 pips (ECN)$501-2 business days
FCA (UK)ASIC (Australia)FSCA (South Africa)
HFM4.5/5.0
1.0 pips (Premium) | 0.0 pips (Zero)$024 hours
FCA (UK)CySEC (Cyprus)DFSA (Dubai)
XM4.7/5.0
0.6 pips (Ultra Low) | 1.6 pips (Standard)$524 hours
CySEC (Cyprus)ASIC (Australia)DFSA (Dubai)
FXCM4.3/5.0
1.3 pips (Standard)$501-2 business days
FCA (UK)ASIC (Australia)CySEC (Cyprus)
Vantage4.4/5.0
0.0 pips (Raw ECN)$501-2 business days
ASIC (Australia)FCA (UK)CIMA (Cayman)
0.0 pips (ECN Prime)$01 business day
FMA (New Zealand)FSA (Seychelles)
0.0 pips (Raw ECN) | 1.2 pips (Standard)$101-2 business days
FCA (UK)FSC (Mauritius)
IC Markets4.6/5.0
0.0 pips (Raw) | 0.8 pips (Standard)$20024-48 hours
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
FXTM4.4/5.0
0.0 pips (ECN) | 1.5 pips (Standard)$1024 hours
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
AvaTrade4.5/5.0
0.9 pips (Standard)$1001-2 business days
Central Bank of IrelandASIC (Australia)FSCA (South Africa)
FxPro4.4/5.0
0.0 pips (Raw+) | 1.2 pips (Standard)$1001 business day
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
TMGM4.4/5.0
0.0 pips (Edge) | 1.0 pips (Classic)$1001-2 business days
ASIC (Australia)FMA (New Zealand)VFSC (Vanuatu)
Axi4.3/5.0
0.0 pips (Pro)$01-2 business days
ASIC (Australia)FCA (UK)FMA (New Zealand)
Eightcap4.3/5.0
0.0 pips (Raw)$1001-2 business days
ASIC (Australia)FCA (UK)SCB (Bahamas)
0.0 pips (Zero) | 0.5 pips (Trade)$251-2 business days
FCA (UK)CySEC (Cyprus)ASIC (Australia)
Tickmill4.5/5.0
0.0 pips (Raw) | 1.6 pips (Classic)$1001 business day
FCA (UK)CySEC (Cyprus)FSA (Seychelles)
0.0 pips (Zero)$0Same day
ASIC (Australia)VFSC (Vanuatu)
0.0 pips (ThinkZero)$01-2 business days
ASIC (Australia)FCA (UK)FSCA (South Africa)
0.0 pips (Raw)$0Same day
ASIC (Australia)VFSC (Vanuatu)
MultiBank4.6/5.0
1.5 pips (Standard) | 0.0 pips + $3/lot (ECN)$5024 hours
SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia)
0.7 pips (Fixed, VIP) | 1.5-1.8 pips (Standard)$251-2 business days
CySEC (Cyprus)ASIC (Australia)FSC (BVI)
HYCM4.1/5.0
0.2 pips (Raw)$1001-2 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)$101-5 business days
CySEC (Cyprus)
From ~1.0 pips (confirm current terms)$50Confirm current terms directly
FCA (UK)
0.6 pips$1001-2 business days
FCA (UK)CySEC (Cyprus)ASIC (Australia)
GO Markets4.5/5.0
0.0 pips (GO Plus+) | 1.1 pips (Standard)$01-2 business days
ASIC (Australia)CySEC (Cyprus)FSC (Mauritius)
IG4.7/5.0
0.6 pips (Standard)$250 ($0 bank transfer)2-5 business days
FCA (UK)ASIC (Australia)CFTC/NFA (USA)
OANDA4.6/5.0
1.1 pips (Standard) | 0.1 pips (Core)$01-3 business days
CFTC/NFA (US)FCA (UK)ASIC (Australia)
Forex.com4.5/5.0
1.2 pips (Standard) | 0.2 pips (Raw)$1001-2 business days
CFTC/NFA (USA)FCA (UK)ASIC (Australia)
FBS4.2/5.0
0.7 pips (Standard)$515-20 minutes
ASIC (Australia)CySEC (Cyprus)IFSC (Belize)
0.7 pips$01-2 business days
FCA (UK)ASIC (Australia)BaFin (Germany)
Rank 01 · best overall
Pepperstone4.8/5.0
Spread
0.0 pips (Razor) | 1.0 pips (Standard)
Min dep.
$0 (Recommended $200)
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)CySEC (Cyprus)
Visit Pepperstone Read review
Rank 02
VT Markets4.8/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)
Min dep.
$50
Withdrawal
1-2 business days
ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
Visit VT Markets Read review
Rank 03
Exness4.8/5.0
Spread
0.0 pips (Raw) | 0.2 pips (Standard)
Min dep.
$1
Withdrawal
Instant
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit Exness Read review
Rank 04
RoboForex4.3/5.0
Spread
0.0 pips (Prime) | 1.4 pips (Pro)
Min dep.
$10
Withdrawal
Instant for most electronic methods
FSC (Belize)
Visit RoboForex Read review
Rank 05
FP Markets4.5/5.0
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
ASIC (Australia)CySEC (Cyprus)SVG FSA
Visit FP Markets Read review
Rank 06
Moneta Markets4.1/5.0
Spread
0.0 pips (ECN)
Min dep.
$50
Withdrawal
1-2 business days
FCA (UK)ASIC (Australia)FSCA (South Africa)
Visit Moneta Markets Read review
Rank 07
HFM4.5/5.0
Spread
1.0 pips (Premium) | 0.0 pips (Zero)
Min dep.
$0
Withdrawal
24 hours
FCA (UK)CySEC (Cyprus)DFSA (Dubai)
Visit HFM Read review
Rank 08
XM4.7/5.0
Spread
0.6 pips (Ultra Low) | 1.6 pips (Standard)
Min dep.
$5
Withdrawal
24 hours
CySEC (Cyprus)ASIC (Australia)DFSA (Dubai)
Visit XM Read review
Rank 09
FXCM4.3/5.0
Spread
1.3 pips (Standard)
Min dep.
$50
Withdrawal
1-2 business days
FCA (UK)ASIC (Australia)CySEC (Cyprus)
Visit FXCM Read review
Rank 10
Vantage4.4/5.0
Spread
0.0 pips (Raw ECN)
Min dep.
$50
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)CIMA (Cayman)
Visit Vantage Read review
Rank 12
Hantec Markets4.4/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard)
Min dep.
$10
Withdrawal
1-2 business days
FCA (UK)FSC (Mauritius)
Visit Hantec Markets Read review
Rank 13
IC Markets4.6/5.0
Spread
0.0 pips (Raw) | 0.8 pips (Standard)
Min dep.
$200
Withdrawal
24-48 hours
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
Visit IC Markets Read review
Rank 14
FXTM4.4/5.0
Spread
0.0 pips (ECN) | 1.5 pips (Standard)
Min dep.
$10
Withdrawal
24 hours
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit FXTM Read review
Rank 15
AvaTrade4.5/5.0
Spread
0.9 pips (Standard)
Min dep.
$100
Withdrawal
1-2 business days
Central Bank of IrelandASIC (Australia)FSCA (South Africa)
Visit AvaTrade Read review
Rank 16
FxPro4.4/5.0
Spread
0.0 pips (Raw+) | 1.2 pips (Standard)
Min dep.
$100
Withdrawal
1 business day
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit FxPro Read review
Rank 17
TMGM4.4/5.0
Spread
0.0 pips (Edge) | 1.0 pips (Classic)
Min dep.
$100
Withdrawal
1-2 business days
ASIC (Australia)FMA (New Zealand)VFSC (Vanuatu)
Visit TMGM Read review
Rank 18
Axi4.3/5.0
Spread
0.0 pips (Pro)
Min dep.
$0
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)FMA (New Zealand)
Visit Axi Read review
Rank 19
Eightcap4.3/5.0
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)SCB (Bahamas)
Visit Eightcap Read review
Rank 20
Admiral Markets4.4/5.0
Spread
0.0 pips (Zero) | 0.5 pips (Trade)
Min dep.
$25
Withdrawal
1-2 business days
FCA (UK)CySEC (Cyprus)ASIC (Australia)
Visit Admiral Markets Read review
Rank 21
Tickmill4.5/5.0
Spread
0.0 pips (Raw) | 1.6 pips (Classic)
Min dep.
$100
Withdrawal
1 business day
FCA (UK)CySEC (Cyprus)FSA (Seychelles)
Visit Tickmill Read review
Rank 23
ThinkMarkets4.3/5.0
Spread
0.0 pips (ThinkZero)
Min dep.
$0
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)FSCA (South Africa)
Visit ThinkMarkets Read review
Rank 25
MultiBank4.6/5.0
Spread
1.5 pips (Standard) | 0.0 pips + $3/lot (ECN)
Min dep.
$50
Withdrawal
24 hours
SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia)
Visit MultiBank Read review
Rank 26
easyMarkets4.1/5.0
Spread
0.7 pips (Fixed, VIP) | 1.5-1.8 pips (Standard)
Min dep.
$25
Withdrawal
1-2 business days
CySEC (Cyprus)ASIC (Australia)FSC (BVI)
Visit easyMarkets Read review
Rank 27
HYCM4.1/5.0
Spread
0.2 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
FCA (UK)CySEC (Cyprus)CIMA (Cayman Islands)
Visit HYCM Read review
Rank 28
LiteFinance4/5.0
Spread
0.0 pips (ECN) | 1.8 pips (Classic)
Min dep.
$10 (Cent) / $50 (Classic/ECN)
Withdrawal
1-2 business days
CySEC (Cyprus)FSC (Mauritius)SVGFSA (registration only)
Visit LiteFinance Read review
Rank 29
Libertex4/5.0
Spread
0.0 pips (Commission-based)
Min dep.
$10
Withdrawal
1-5 business days
CySEC (Cyprus)
Visit Libertex Read review
Rank 30
TIO Markets3/5.0
Spread
From ~1.0 pips (confirm current terms)
Min dep.
$50
Withdrawal
Confirm current terms directly
FCA (UK)
Visit TIO Markets Read review
Rank 31
Markets.com4.7/5.0
Spread
0.6 pips
Min dep.
$100
Withdrawal
1-2 business days
FCA (UK)CySEC (Cyprus)ASIC (Australia)
Visit Markets.com Read review
Rank 32
GO Markets4.5/5.0
Spread
0.0 pips (GO Plus+) | 1.1 pips (Standard)
Min dep.
$0
Withdrawal
1-2 business days
ASIC (Australia)CySEC (Cyprus)FSC (Mauritius)
Visit GO Markets Read review
Rank 33
IG4.7/5.0
Spread
0.6 pips (Standard)
Min dep.
$250 ($0 bank transfer)
Withdrawal
2-5 business days
FCA (UK)ASIC (Australia)CFTC/NFA (USA)
Visit IG Read review
Rank 34
OANDA4.6/5.0
Spread
1.1 pips (Standard) | 0.1 pips (Core)
Min dep.
$0
Withdrawal
1-3 business days
CFTC/NFA (US)FCA (UK)ASIC (Australia)
Visit OANDA Read review
Rank 35
Forex.com4.5/5.0
Spread
1.2 pips (Standard) | 0.2 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
CFTC/NFA (USA)FCA (UK)ASIC (Australia)
Visit Forex.com Read review
Rank 36
FBS4.2/5.0
Spread
0.7 pips (Standard)
Min dep.
$5
Withdrawal
15-20 minutes
ASIC (Australia)CySEC (Cyprus)IFSC (Belize)
Visit FBS Read review

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 logo
Our Rating
4.8/5.0
Best ForAdvanced traders, automated trading & TradingView enthusiasts
Min Deposit$0 (Recommended $200)

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 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
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
Moneta Markets logo
Our Rating
4.1/5.0
Best ForECN traders & copy-trading followers across Asia-Pacific
Min Deposit$50

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 logo
Our Rating
4.5/5.0
Best ForBonus hunters, high leverage users & versatile traders
Min Deposit$0

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 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
FXCM logo
Our Rating
4.3/5.0
Best ForAlgorithmic traders & historical data enthusiasts
Min Deposit$50

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 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

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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. Pepperstone
  2. Exness
  3. HFM
  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.

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BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.

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.