Top MT4 Brokers

Before investing online, let us help you find the right broker for you.

MetaTrader 4 (MT4) is a highly sophisticated platform that was first launched in 2005. It supports a wide range of tools for technical analysis, as well as the automated trading tool, Expert Advisor (EA). MT4 can be either accessed online or downloaded to any computer or mobile device. MT4 is one of the most popular, widely used trading platforms for forex and CFDs in the world today.

A Quick Look at Our Top MT4 Brokers

• Best MT4 broker: Fortrade
• Best for beginner traders: easyMarkets
• Best overall: AvaTrade
• Best for forex trading: HYCM
• Best for flexible investors: IronFX

How We Chose the Best MT4 Brokers

When choosing the right MT4 broker, you must understand its advantages and disadvantages. However, certain features and aspects are vital for every brokerage, and we made sure they met those standards before including them on our list. Here is what we looked at when making our decision:

• Safety and security
• Interface design and user experience
• Access to analytics and real-time data
• Reliability and responsiveness of the platform
• Availability of trading options
• Quality of customer service

Below are the top brokers that are MT4-compatible, according to the research and reviews conducted by the Broker Reviews experts.

Broker Reviews' Picks for the Best MT4-Compatible Brokers

Best MT4 broker

Fortrade

4.8

Overall rating

Most compatible for all traders

Open Account

Minimum deposit

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$100

Deposit fee

-

$0

Withdrawal fee

-

$0

Inactivity fee

-

$0

Trading platforms

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Fortrader, MT4

Demo account

-

Yes

Mobile apps

-

Android, iOS

Regulated by

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LLC “Fort Securities BLR”, authorised and regulated in Belarus by the National Bank of the Republic of Belarus (NBRB)



Fortrade is one of the top online trading platforms and offers clients a wide range of products to help them on their zero-commission investment journey.

Whether you want to trade stocks or you want to invest in cryptocurrencies, the Fortrade destination is a one-stop-shop for all your investing needs. It is appealing to all types of investors - seasoned traders and novice armchair investors.

With only a $200 deposit requirement and many resources at your disposal, you can lay down the path to capital gains.

Pros & Cons of Fortrade

Fortrade

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Best for beginner traders

easyMarkets

4

Overall rating

Simple and intuitive interface

Open Account

Minimum deposit

-

$100

Deposit fee

-

$0

Withdrawal fee

-

$0

Inactivity fee

-

$0

Trading platforms

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MT4, Tradingview

Demo account

-

Yes

Mobile Apps

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Android, iOS

Payment methods

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Credit card, debit card, Bitcoin payments, BPAY, UnionPay

Regulated by

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Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)



Twenty years of experience, an award-winning platform, and an extensive list of investment options.

These are components and features that easyMarkets brings to the table for traders of all stripes.

Whether you are searching for foreign exchange trading or indices, easyMarkets has what you need. The website is easy to use, convenient to navigate, and resourceful. And, if you are concerned about regulations, it is regulated in a one-tier jurisdiction and one-tier 2 jurisdictions, making it a safe broker to patronize.

Pros & Cons of easyMarkets

easyMarkets

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Best Overall

AvaTrade

4.5

Overall rating

Most reputable platform

Open Account

Minimum deposit

-

$100

Customer support

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24/5

Deposit fee

-

$0

Withdrawal fee

-

$0

Inactivity fee

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$50 per quarter

Trading platforms

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MT4, MT5, WebTrader, AvaOptions, AvaTradeGO, Ava Social

Demo account

-

Yes

Mobile apps

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Android, iOS

Regulated by

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Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA)



AvaTrade is an online trading platform that also provides its customers with dozens of assets to choose from, whether it is conventional forex pairs (USD/CAD or GBP/JPY) or CFDs for commodities.

What makes AvaTrade appealing to clients is its several trading instruments and tools: MetaTrader 4, MetaTrader 5, and AvaOptions. In fact, because of these programs that are on the platform, AvaTrade is considered to be one of the top MT4 brokers on the web today.

This zero-commission trading platform proffers 24/5 customer support, competitive spreads, local regulations, and, most important of all, powerful technology.

Pros & Cons of AvaTrade

AvaTrade

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Best for forex trading

HYCM

4.3

Overall rating

Mostly used by professional traders

Open Account

Minimum deposit

-

$100

Deposit fee

-

$0

Withdrawal fee

-

$0

Inactivity fee

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$10

Trading platforms

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MT4, MT5

Demo account

-

Yes

Mobile apps

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Android

Payment methods

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Credit card, wire transfer, electronicc

Regulated by

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Financial Conduct Authority (FCA)

Leverage

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1:30



Henyep Capital Markets is a four-decade-old trading platform regulated in two tier-1 jurisdictions and two tier-2 jurisdictions.

Although discount traders can still take advantage of its services, HYCM is recommended for serious investors and active traders with a lot of capital at hand.

That said, HYCM is a MetaTrader 4 broker that provides integration capabilities. So, if you are planning to access the company's more than 100 different financial instruments, you can be confident that you have the means and 24/5 customer support to successfully do so.

Pros & Cons of HYCM

HYCM

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Best for flexible investors

IronFX

4.3

Overall rating

Most top-starred platforms

Open Account

Minimum deposit

-

$100

Deposit fee

-

$0

Withdrawal fee

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2% capped to $30

Inactivity fee

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$50

Platforms

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MT4, Personal Multi Account Manager (PMAM)

Demo account

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Yes

Mobile apps

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Android, iOS

Regulated by

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FCA, ASIC, FSCA, CySEC

Maximum leverage

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1:1000



IronFX is an award-winning trading platform that prides itself on offering the best online forex trading experience anywhere on the internet.

IronFX has more than 100 tradable assets on some of the biggest markets today, such as CFDs, social trading, and stocks.

The chief features that many users will point to are its MT4 integration, $100 minimum deposit, and 100 percent sharing bonus. For the more serious investors, IronFX also offers a maximum leverage ratio of 1:1000 (beware of the risks involved!).

Pros & Cons of IronFX

IronFX

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