MT4 Forex Brokers

Find below a list of the best MetaTrader 4 / MT4 Forex Brokers and compare the features.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail CFD accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Popularity
Min. Deposit 1 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Bonus $30
Popularity
Min. Deposit 200 €
ECN
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓

75.99% of retail CFD accounts lose money

Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓

75% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30

77% of retail CFD accounts lose money

Popularity
ECN
Platforms MT4 ✓ MT5 ✓ cTrader ✓

66% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:400
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 200 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 20 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Bonus 120%
Popularity
Min. Deposit 200 €
ECN
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 50 €
ECN (min. deposit) 500 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓

76% of retail CFD accounts lose money

Popularity
ECN
Leverage ≤1:200
Platforms MT4 ✓
Popularity
Min. Deposit 30 €
ECN (min. deposit) 500 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓

74.73% of retail CFD accounts lose money

Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓

72% of retail CFD accounts lose money

Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 2000 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30

72.2% of retail CFD accounts lose money

Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:200
Platforms MT4 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $50

65.69% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $100

81.48% of retail CFD accounts lose money

Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:1000
Platforms MT4 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 500 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1000 €
ECN (min. deposit) 1000 €
Leverage ≤1:400
Platforms MT4 ✓ MT5 ✓

71% of retail CFD accounts lose money

Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:200
Platforms MT4 ✓ MT5 ✓

79% of retail CFD accounts lose money

Popularity
ECN
Leverage ≤1:30
Platforms MT4 ✓ MT5 ✓

67.52% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:30
Platforms MT4 ✓
Popularity
Min. Deposit 50 €
ECN (min. deposit) 500 €
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN
Leverage ≤1:1000
Platforms MT4 ✓
No Deposit Bonus $30
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $10

MetaTrader 4 (MT4) is a popular electronic trading platform that is used to trade forex, CFDs and other financial instruments. It is developed by MetaQuotes software and is widely used by traders, brokers and financial institutions around the world. The platform offers advanced charting capabilities, technical indicators, and automated trading strategies. It also allows users to access and manage their accounts, place orders, and monitor market trends. MT4 is available for desktop, web and mobile devices, making it accessible for traders to trade from anywhere. MT5 is a more recent version of the software, however MT4 remains very popular. The software consists of:

  • a client component that needs to be installed on the computer of the trader. It can be downloaded for free directly from the MetaQuotes website.
  • a server component that is run by the broker. On this page you can find brokers that offer MT4 servers.

The software utilizes a proprietary scripting language, MQL4/MQL5 which enables traders to develop Expert Advisors (EA).