Best MT4 Brokers 2025
Pros and Cons
- Highly trusted platform: MT4 is known for its robust security and reliability, ensuring a safe trading environment.
- Wide range of brokers: Many reputable firms offer MT4, giving investors a wide selection to choose from.
- Customizable trading tools: MetaTrader 4 allows anybody to create and implement expert advisors, indicators, and scripts to automate and enhance their trading experience.
- Access to advanced charting tools: Traders can take advantage of its comprehensive charting features for better technical analysis.
- Multilingual support: MetaTrader 4 is available in multiple languages, making it accessible to clients globally.
- Mobile trading capability: MT4 offers a fully functional mobile app, allowing users to trade on the go.
- Lack of modern features: While highly functional, MT4 lacks some newer features found in other platforms like MT5.
- Limited asset variety: Some brokers offer fewer asset classes compared to other platforms.
- No built-in economic calendar: MetaTrader 4 does not provide an integrated economic calendar, which can be a drawback for fundamental traders.
Understanding the rise and dominance of MT4 in online trading
MetaTrader 4, commonly referred to as MT4, has long been the gold standard for people in the online forex and contract for difference (CFD) markets.
Since its launch in 2005, it has consistently remained one of the most widely used platforms by both brokers and traders.
This platform was designed and developed by MetaQuotes Software and has since been adopted by millions of market participants around the globe.
While other platforms have emerged over the years, none have managed to rival MT4’s dominance, making it the go-to solution for clients of all experience levels.
MetaTrader 4 offers unparalleled flexibility, making it accessible for everyone from day traders to long-term investors.
Its ease of use, extensive charting tools, and support for automated trading through Expert Advisors are just a few of the reasons why it continues to be the preferred platform.
This article will take a deep dive into why MetaTrader 4 is still a dominant force in the online trading world, what sets it apart from other platforms, and how to choose the best MetaTrader 4 brokers in 2025.
Throughout the article, we will review top firms, focusing on their features, fees, and overall performance.
Why traders choose MT4: A comprehensive overview
There are numerous reasons why traders, particularly those involved in forex trading, have made MT4 their platform of choice.
These reasons range from the technical features and tools that the platform provides to its accessibility and compatibility with various brokers.
Key features
One of the core reasons market participants prefer MT4 is due to its range of advanced tools and features designed to help investors analyze the markets and execute their strategies effectively.
Some key features include:
Customizable charts and indicators
MT4 offers over 50 built-in indicators and tools for market participants to conduct in-depth technical analysis.
The platform also allows users to create custom indicators to suit their specific strategies.
These customizable features allow everybody to monitor multiple timeframes, analyze market trends, and pinpoint optimal entry and exit points.
Automated trading through Expert Advisors (EA)
MT4’s support for automated trading through Expert Advisors is one of its most powerful features.
Traders can create or download EA that execute trades on their behalf, based on predefined criteria.
This feature is particularly useful for users who prefer algorithmic trading or those who may not have the time to monitor the markets constantly.
Security and stability
MetaTrader 4 is renowned for its high level of security.
All data between the server and the platform is encrypted using 128-bit encryption, ensuring that all the information and trades are protected.
Additionally, the platform’s stability, even during times of high market volatility, makes it a trusted choice for clients around the globe.
Low-latency execution
Execution speed is critical, especially those using high-frequency strategies like scalping.
MetaTrader 4 is known for its low-latency execution, which minimizes slippage and ensures that trades are executed as close as possible to the intended price.
Factors to consider when choosing a broker
While the platform remains consistent across brokers, each one offers different trading conditions, features, and levels of customer support.
Choosing the right trading firm can significantly enhance your trading experience.
Here are some critical factors to consider:
Regulation and reputation
One of the most crucial factors when choosing a broker is regulation.
Customers should always ensure that their company is regulated by top-tier authorities such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC).
Regulated firms are required to follow strict rules and maintain transparency, which provides a level of security for clients’ funds.
Companies that are not regulated may offer attractive features such as high leverage or low fees, but they come with significant risks, including the possibility of fraudulent activity.
Choosing a reputable and regulated broker ensures that your funds are protected and that you’re trading in a secure environment.
Trading fees and spreads
Trading fees can have a significant impact on your profitability.
Brokers typically earn revenue through spreads and commissions.
Some trading firms offer commission-free trading but may charge wider spreads, while others may have tight spreads with small commissions on each trade.
It’s important to compare the cost of trading across platforms.
Additionally, users should be aware of other fees such as withdrawal fees, inactivity fees, and overnight swap rates.
Broker | Commission | Spread (EUR/USD) |
Exness | No commission on standard accounts | Starting from 0.1 pips |
IC Markets | $3.50 per lot per side | Starting from 0.0 pips |
FBS | No commission on standard accounts | Starting from 0.5 pips |
Leverage and margin requirements
Leverage is one of the most attractive features, as it allows them to control larger positions with a smaller amount of capital.
However, it is essential to understand that while high leverage can amplify profits, it also magnifies potential losses.
Depending on the region and its regulatory environment, the available leverage can vary.
For example, companies regulated in Europe are restricted by ESMA to offering leverage of up to 1:30 for retailers.
On the other hand, firms like Exness and FBS, which operate in less regulated jurisdictions, offer leverage as high as 1:2000 or even 1:3000.
Traders should carefully consider their risk tolerance and choose a broker that offers leverage options that align with their trading strategy.
Range of trading instruments
While MT4 is primarily known for forex trading, many brokers offer a broader range of instruments, including CFDs on commodities, indices, stocks, and cryptocurrencies.
A diverse selection of instruments allows investors to diversify their portfolios and take advantage of different market conditions.
For example, companies like Exness and XM offer over 1,000 instruments, including forex, stocks, indices, commodities, and cryptocurrencies.
Having several instruments to trade enables individuals to hedge their positions or explore different markets as opportunities arise.
Customer support and educational resources
Having access to reliable support is essential, especially for new customers who may need assistance with setting up their accounts or navigating the platform.
Many top brokerages offer 24/7 support via live chat, email, or phone.
It’s also a good idea to choose companies that offer multilingual support, especially if you’re trading from a non-English-speaking region.
Additionally, the availability of educational resources can be a deciding factor for many.
IC Markets and XM, provide comprehensive educational materials, including webinars, tutorials, and market analysis, to help users strengthen their skills.
Top MT4 brokers for 2025
Now that we’ve covered the critical factors to consider when choosing a broker, let’s take a closer look at some of the best MT4 brokers available in 2025.
These have been selected based on their trading conditions, reputation, customer support, and overall performance.
Exness
Exness has earned a solid reputation for its transparency, competitive trading conditions, and high leverage.
Established in 2008, Exness is regulated by several top-tier authorities, including the FCA in the UK and CySEC in Cyprus.
Exness offers 6 account types, including Standard and Professional accounts, which cater to investors of all levels.
Key Features:
- Leverage: Up to 1:2000
- Regulation: FCA (UK), CySEC (Cyprus), FSCA (South Africa)
- Minimum Deposit: $1
- Assets: Forex, stocks, indices, cryptocurrencies
- Platforms: MT4, MT5, WebTrader
Exness stands out for its low spreads, fast execution, and the ability to open an account with as little as $1.
The broker also offers unlimited leverage on certain account types, allowing market participants to maximize their potential returns on small capital.
Account Type | Spreads | Commission | Leverage |
Standard | Starting from 0.1 pips | No commission | Up to 1:2000 |
Raw Spread | As low as 0.0 pips | Small commission per trade | Up to 1:2000 |
IC Markets
IC Markets is a leading Australian brokerage known for its tight spreads and fast execution, making it a top choice for scalpers and high-frequency traders.
The company is regulated by ASIC, CySEC, and the FSA, ensuring that clients can operate in a secure environment.
Key Features:
- Leverage: Up to 1:500
- Regulation: ASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
- Minimum Deposit: $200
- Assets: Forex, commodities, indices, cryptocurrencies
- Platforms: MT4, MT5, cTrader
IC Markets offers some of the tightest spreads in the industry, with spreads starting as low as 0.0 pips on its Raw Spread account.
It also offers ultra-fast execution with low latency, making it a popular choice for traders using Expert Advisors or automated strategies.
FBS
FBS is a well-known broker that caters to both beginner and professionals.
Founded in 2009, FBS offers high leverage, tight spreads, and a range of account types.
The company is regulated by CySEC and IFSC and provides access to a wide range of trading instruments.
Key Features:
- Leverage: Up to 1:3000
- Regulation: IFSC (Belize), CySEC (Cyprus)
- Minimum Deposit: $1
- Assets: Forex, stocks, indices, commodities
- Platforms: MetaTrader 4, MetaTrader 5
FBS stands out for its attractive bonuses and promotions, including deposit bonuses and cashback programs.
These promotions are particularly appealing to those looking to boost their trading capital.
Deriv
Deriv is a newer trading firm that has quickly gained popularity due to its user-friendly platform and wide range of trading instruments.
The company is regulated by the MFSA and FSC and provides access to forex, commodities, and synthetic indices.
Key Features:
- Leverage: Up to 1:1000
- Regulation: MFSA (Malta), FSC (British Virgin Islands)
- Minimum Deposit: $5
- Assets: Forex, commodities, synthetic indices
- Platforms: MT4, MT5, Deriv X
One of the standout features of Deriv is its synthetic indices, which mimic real-world market movements but are exclusive to the broker.
These synthetic indices provide unique trading opportunities for those looking to diversify their portfolios.
Other notable MetaTrader 4 trading firms
In addition to the companies mentioned above, several other reputable firms provide excellent trading conditions.
These include:
- Pepperstone: Known for its razor-sharp spreads and ultra-fast execution, Pepperstone is a popular choice for professionals.
- XM: With a wide range of account types and flexible leverage options, XM is well-suited for people of all experience levels.
- Axi: Axi is highly regarded for its transparent pricing and exceptional client support.
- BDSwiss: BDSwiss offers a comprehensive range of educational resources and account types to suit everybody.
- OctaFX: Known for its generous bonuses and promotions, OctaFX is a popular choice for international customers.
Comparing the top MT4 brokers: A comprehensive overview
Broker | Regulation | Spreads (EUR/USD) | Commission per lot | Trading Assets | Support | Execution Speed | Offers |
Exness | FCA, CySEC, FSCA | From 0.1 pips | None (Standard account) | Forex, stocks, indices, crypto | 24/7 live chat | Low latency | None |
IC Markets | ASIC, CySEC, FSA | From 0.0 pips | $3.50 per lot per side | Forex, commodities, indices | 24/7 live chat | Ultra-fast | None |
FBS | IFSC, CySEC | From 0.5 pips | No commission | Forex, stocks, indices, crypto | 24/7 live chat | Low latency | Deposit bonuses |
Pepperstone | ASIC, FCA | From 0.0 pips | $3.50 per lot per side | Forex, commodities, indices | 24/5 live chat | Fast execution | None |
Tickmill | FCA, CySEC, FSA | From 0.0 pips | $4 per lot | Forex, commodities, indices | 24/5 live chat | Fast execution | None |
OctaFX | CySEC | From 0.4 pips | No commission | Forex, indices, commodities | 24/7 live chat | Low latency | Promotions and bonuses |
XM | ASIC, CySEC | From 0.6 pips | No commission | Forex, stocks, commodities, indices | 24/5 support | Fast execution | Loyalty program |
Markets.com | FCA, CySEC | From 0.6 pips | No commission | Forex, stocks, crypto, indices | 24/5 support | Moderate | None |
Deriv | MFSA, FSC | From 0.3 pips | No commission | Forex, commodities, synthetic indices | 24/7 live chat | Fast execution | None |
Admirals | FCA, ASIC, CySEC | From 0.5 pips | $3.00 per lot | Forex, commodities, indices | 24/5 support | Fast execution | None |
LiteFinance | CySEC | From 0.2 pips | No commission | Forex, commodities, indices | 24/7 live chat | Moderate | Promotions and bonuses |
HYCM | FCA, CySEC | From 1.2 pips | No commission | Forex, commodities, stocks | 24/5 support | Moderate | None |
FXTM | FCA, CySEC | From 1.5 pips | No commission (Standard) | Forex, stocks, commodities | 24/7 live chat | Fast execution | Promotions and bonuses |
Vantage | ASIC, FCA | From 0.0 pips | $3.00 per lot per side | Forex, commodities, indices | 24/7 live chat | Ultra-fast | None |
FreshForex | Not regulated | From 1.0 pips | No commission | Forex, commodities, stocks | 24/5 live chat | Moderate | Bonuses and promotions |
FXOpen | ASIC, FCA | From 0.0 pips | $3.50 per lot | Forex, crypto, commodities | 24/5 live chat | Fast execution | None |
BDSwiss | FSC, CySEC | From 0.3 pips | No commission | Forex, stocks, commodities | 24/7 live chat | Moderate | None |
Axi | FCA, ASIC | From 0.4 pips | No commission | Forex, indices, commodities | 24/5 live chat | Fast execution | None |
FXCM | FCA, ASIC | From 0.5 pips | No commission | Forex, commodities, indices | 24/5 support | Fast execution | None |
Orbex | CySEC, FSC | From 0.5 pips | No commission | Forex, stocks, commodities | 24/5 support | Moderate | None |
Conclusion
MetaTrader 4 remains one of the most widely used and trusted trading platforms in the online trading world.
Its flexibility, advanced tools, and robust security features make it a preferred choice for both beginners and professionals alike.
However, selecting the right MetaTrader 4 broker is key to maximizing the platform’s potential.
Exness, IC Markets, FBS, and Deriv are just a few of the top companies offering competitive trading conditions, fast execution, and extensive educational resources.
Each trading firm has its strengths, and the best choice for you will depend on your trading style, risk tolerance, and personal preferences.
By carefully evaluating the brokers mentioned in this article and considering factors such as regulation, fees, leverage, and customer support, you can find the right MT4 broker to help you achieve your trading goals in 2025.
Frequently Asked Questions
What is MT4?
MT4, or MetaTrader 4, is a widely used online trading platform known for its ease of use and powerful trading tools, popular among forex and CFD traders.
Which brokers support MT4?
Many reputable companies such as Exness, IC Markets, and FXCM support it.
Is MT4 suitable for beginners?
Yes, MetaTrader 4 is user-friendly, and many companies offer educational resources to help beginners learn the platform.
Can I trade stocks on MT4?
While MT4 is primarily used for forex, some firms offer stocks and other asset classes through the platform.
What are the benefits of using MetaTrader 4?
This platform offers a variety of benefits, including customizable trading tools, advanced charting, and widespread broker support.
Is MT4 secure?
Yes, MetaTrader 4 has robust encryption and security protocols in place to protect your trading data and transactions.
Can I automate trading on MT4?
Yes, MetaTrader 4 supports Expert Advisors (EAs) that allow for automated trading based on pre-set criteria.
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Last updated: September 8, 2025