Trading forex and CFDs carries high risk. Information is educational, not advice.
The platform standard

Best MT4 Forex Brokers

MetaTrader 4 remains the most-used retail forex platform. These brokers offer MT4 with the indicators, EAs and community support the ecosystem is known for.

Our top picks

Ranked by our editorial methodology — not by who pays us.

1
EXNESS ★★★★★ 4.9/5
Min deposit$1
Spread0.1-0.9 pips
Leverage1:2000
PlatformsMT4, WebTrader
2
RoboForex ★★★★★ 4.7/5
Min deposit$10
Spreadfrom 0.0 for Pro-accounts (average is 0.8) and 2 pips for Fix-accounts on EUR/USD
Leverage1:2000
PlatformsMT4, MT5, WebTrader
3
NordFX ★★★★★ 4.6/5
Min deposit$10
Spread0.1 pip
Leverage1:1000
PlatformsMT4, WebTrader
4
IC Markets ★★★★☆ 4.5/5
Min deposit$200
Spread0.1 pips
Leverage1:1000
PlatformsMT4
5
easyMarkets ★★★★☆ 4.4/5
Min deposit$25
Spread0.1 Pip
Leverage1:400
PlatformsMT4, MT5, WebTrader
6
FP Markets ★★★★☆ 4.3/5
Min deposit$100
Spread0.2 pips
Leverage1:500
PlatformsMT4
7
TICKMILL ★★★★☆ 4.3/5
Min deposit$100
Spread0.2 pips
Leverage1:500
PlatformsMT4
8
XM ★★★★☆ 4.2/5
Min deposit$5
SpreadAvg. 1.9 Pips
Leverage1:1000
PlatformsMT4, Proprietary

Want the full picture? Compare all 25 brokers side-by-side →

Why we picked these

  • Filtered to brokers that support MetaTrader 4.
  • Ranked by editorial score, then regulation strength.
  • MT4's huge third-party EA and indicator ecosystem is the main reason it still dominates retail forex.

Frequently asked questions

MT4 or MT5 — which should I pick?

If your EAs and indicators depend on MT4's community, stay on MT4. MT5 adds assets, history and order types but is not backward-compatible.

Can I run automated strategies on these brokers?

Yes — MT4 supports Expert Advisors. Many of these brokers also offer VPS hosting near their servers to cut latency for EAs.

Are MT4 accounts separate from MT5?

Usually yes. A broker's MT4 and MT5 servers are typically separate accounts, so check which one your strategy targets.