metatrader 4 brokers | Best MT4 Forex & CFD Trading Platforms

Metatrader 4 Brokers: Trade Forex & CFDs with the Best Platforms

For over 15 years, Metatrader 4 brokers have dominated online trading, offering the most reliable platform for Forex and CFD traders worldwide. MT4's unmatched charting tools, expert advisors (EAs), and stable execution make it the go-to choice for both beginners and professionals. But with hundreds of brokers offering MT4, how do you choose the right one? This guide compares the top MT4 brokers for spreads, leverage, regulation, and unique features – so you can trade with confidence.

Why Choose an MT4 Broker?

MetaTrader 4 remains the world's most popular trading platform because it delivers what traders need:

1. Unmatched Technical Analysis

MT4 provides 30 built-in indicators, 24 analytical objects, and customizable timeframes from 1-minute to monthly charts.

2. Algorithmic Trading Support

Run automated strategies with Expert Advisors (EAs) – a key advantage over newer platforms.

3. Reliable Order Execution

MT4's proven infrastructure handles high-frequency trading with minimal slippage.

Top 5 MT4 Brokers Compared

1. Best for EAs: IC Markets

Raw spreads from 0.0 pips, supports unlimited EAs, and offers VPS hosting.

2. Best for Beginners: XM

$5 minimum deposit, free educational courses, and 1:888 leverage.

3. Best for Scalping: FxPro

ECN execution with no restrictions on trading strategies.

Key Features to Compare

• Spreads: From 0.0 pips on ECN accounts
• Leverage: Up to 1:1000 (varies by regulator)
• Minimum Deposit: $5 to $500
• Execution Type: Market maker vs. ECN/STP

MT4 vs. MT5: Which Should You Use?

While MT5 offers more timeframes, MT4 remains superior for:

• Forex trading (especially scalping)
• Using legacy Expert Advisors
• Simpler interface for beginners

FAQ: Metatrader 4 Brokers

Is MT4 being phased out?

No. Despite MT5's launch, most brokers continue supporting MT4 due to strong demand.

Can I trade volatility indices on MT4?

Yes. Many brokers offer the Volatility 75 Index and other volatility instruments on MT4.

Are there free MT4 brokers?

All MT4 brokers offer free platforms, but trades still involve spreads/commissions.

How to Get Started

1. Choose a regulated MT4 broker
2. Download the platform (Windows/Mac/mobile)
3. Open a live or demo account
4. Deposit funds (or practice with virtual money)

Ready to trade? Compare top MT4 brokers now and get started in minutes.