MT4 Brokers

  1. What are MT4 Forex Brokers?
  2. Best MT4 Brokers
  3. What are the benefits trading with MT4
  4. Which Brokers use MT4 Platform?
  5. How to Change Brokers on MT4?
  6. MT4 Forex Brokers List

What are MT4 Forex Brokers?

MT4 Forex Brokers are Broker offers MetaTrader4 or MT4 Trading platform, where MT4 platform is the most used software by Forex traders with the biggest number of orders are executed daily.  MetaTrader4 developed by MetaQuotes with thousand and million traders uses MT4 as a mainstay. Discover more about MetaTrader and through Wikipedia.

📈Trading Instruments Forex, CFDs
💻Programming Language MQL4
🔎Technical Analysis Tools 30
📊Graphical Objects 31

Best MetaTrader (MT4) Brokers

Below you will find a listing of the Best Reviewed Brokers offering or mainstay on MT4 platform ranked the best in its category.

  • BDSwiss – Best Overall MT4 Broker 2021
  • FP Markets – Lowest Spread MT4 Broker 2021
  • XM – Best MT4 Broker for Beginners 2021
  • FXTM– Best ECN MT4 Broker 2021
  • Pepperstone – Best for Scalping and EA Trading MT4 Broker 2021

What are the benefits trading with MT4

MT4 includes all the necessary elements needed for the potential success in trading, also suitable for any complexity of strategy to either retail or institutional trader, professional or beginner. MT4 as a trading software processing trades with high efficiency, powerful security and unlimited trading opportunities.

*MT4 Indicators & add-ons or plugins.

One of the most advanced MT4 features is an outstanding chart package, with technical indicators and integrated fundamental analysis. The trader of any level will enjoy its numerous advances, since the platform designed user-friendly and easy to navigate interface. Its numerous indicators available through the package or add-ons with plugins MT4 standing first among proposal with enhancements of trading capabilities.

*MT4 EA & VPN.

One of the strong points is MT4 famous automated trading strategies, performed via scripts with a customized possibility for those who can handle codes. Discover more about MQL. Or through its known Expert Advisors (EAs) offering various parameters that can be used and adjusted by any level of trader through the downloadable library with almost endless options to perform trading.

Another important note is VPN, the reason why many traders use it is that the use of EAs requires running robots locally. And VPN is a great solution to run strategies without interruption.

*MT4 backtesting.

Depending on the broker you would select to use there are various parameters for backtesting via its Demo account useful when you want to check out parameters. You can test EAs or particular strategy through the Strategy Tester section via the trading historical data, available for your test trading with no risks involved.

MT4 brokers

Which Brokers use MT4 Platform?

Due to its popularity, mostly all Brokers offer MT4, yet from the company to another platform may feature some differences.

How to Change Brokers on MT4?

Via MT4 Switch Brokers you can use one broker and then switch brokers via MT4, with saved layouts or parameters you set with the previous broker. To change Broker contact customer service to follow the process.

MT4 Forex Brokers List

This is the complete list of regulated brokers offer MT4 platform

Broker Detail
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5, FTXM Trader
Regulation: CySEC,FCA, FSCA
1
FXTM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
Pepperstone review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, cTrader
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App
Regulation: ESMA, CySEC, FSC, NFA, FSA
5
BDSwiss Review
Axiory logo Axiory
Min. Deposit: 10 US$
Max. Leverage: 1:777
Trading Platforms: MT4, MT5, cTrader
Regulation: IFSC
Axiory Review
HotForex Review HotForex
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA
HotForex Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: ASIC
Eightcap Review
Trade Nation
Min. Deposit: 0 US$
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, CoreTrader2
Regulation: FCA, ASIC, FSCA, SCB
Trade Nation Review
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, VFSC
FXCC Review