Metatrader 4 (MT4) is the forex industry's favourite child – offered by most brokers on the market, the platform helps traders all over the world to make the most of their trading.
It is no coincidence that MT4 is so popular – the platform is simply good. Very, very good. It's interface is user-friendly and even novice traders can easily find their way around it.
MT4 comes equipped with an outstanding charting package: you can choose between line, bar and candlestick charts, nine time frames, 30 built-in technical indicators, Fibonacci retracements, trend lines, support and resistance levels, and so on – pretty much everything you need for the technical analysis of your trading. Fundamental analysis is facilitated of the integrated live news feed supported by the platform.
Traders who are handy with code can create their own automated trading strategies (Expert Advisors, or Eas), scripts and custom indicators in the MQL programming language. If you don't know how to code, or simply don't feel like it, you can download said Eas, scripts and indicators from the platform's extensive library either free of charge or for a fee. Backtesting is also an option with this trading platform, so traders can check whether a strategy works before they apply it to the actual market conditions.
Recently MT4 was upgraded to offer one-click trading and signal copying – two of the major trends in forex during the past few months.
Metatrader 4 is available as a desktop application, as well as Android and iPhone mobile apps.
Below is a list of Metatrader forex brokers, you can choose from. For non-Metatrader brokers click here
| MT4 ECN brokers | MT4 brokers with Paypal | MT4 Micro account brokers |
| MT4 STP brokers | MT4 brokers with Moneybookers | MT4 Islamic account brokers |
| MT4 Fixed spread brokers | ||
| Broker | Regulated | Min.deposit | Leverage | Spread | Promotion |
www.4xp.com
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$100 | 1:300 | 1 | 1 pip spread |
www.fxcm.co.uk
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$50 | 1:200 | 1 | |
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$250 | 1:50 | 1.1 | |
xemarkets.com
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$1 | 1:888 | 1 | 300% Bonus |
www.fxnet.com
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$5 | 1:500 | 2.3 | 50% Margin Bonus |
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$500 | 1:500 | 0.8 | Gifts |
HiroseUK.com
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$50 | 1:300 | 0.8 | |
www.lqdmarkets.com
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$2000 | 1:500 | 0.9 | |
www.fbs.com
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$5 | 1:500 | 1 | $5 bonus |
www.hymarkets.com
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$50 | 1:300 | 1.8 | |
www.mayzus.com
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$25 | 1:500 | 2 | 35% Bonus |
thinkforex.com
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$500 | 200:1 | 1 | 10% Bonus |
RoboForex.com
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$1 | 1:500 | 1.0 | 25% Bonus |
www.jfx.com
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$100 | 1:500 | 0.2 | |
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$2000 | 1:500 | 2 | |
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$1 | 1:500 | 2 | $100 |
DFMarkets.co.uk
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$1 | 1:200 | 1 | |
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$1 | 1:50 | 1 | 10% Bonus |
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$1 | 1:50 | 0.9 | N/A |
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$400 | 1:50 | 0.9 | |
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$250 | 1:400 | 3 | |
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$200 | 1:500 | 1.6 | 100% Bonus |
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$100 | 1:200 | 1 | 25% Bonus |
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$50 | 1:200 | 1 | |
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$200 | 1:500 | 0 | |
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$10 | 1:200 | 0.8 | 25% Bonus | |
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$100 | 1:200 | 3 | 25% Bonus |
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$250 | 1:50 | 2 | 8% Bonus |
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$10 | 1:500 | 2 | 30% Bonus | |
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$5 | 1:500 | 1 | 50% |
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$500 | 1:500 | 0.4 | 50% Bonus |
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$1 | 1:100 | 2 | |
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$100 | 1:500 | 0.6 | $15 no deposit bonus |
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$1 | 1:500 | 0.7 | 50% bonus | |
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$300 | 1:200 | 1.9 | 10% Bonus |
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$50 | 1:500 | 0.6-2 | |
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$5 | 1:500 | 0 | $8 bonus | |
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$10 | 1:400 | 1.7 | $100 no deposit bonus |
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$200 | 1:400 | 1.4 | |
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$100 | 1:300 | 1.9 | ||
www.skyfx.com
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$100 | 1:300 | 3 | 15 days risk free live account |
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$2000 | 1:200 | 1 | |
tadawulfx.com
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$500 | 1:500 | 2 | Swap free accounts |
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1,000 | 1:100 | 3 | |
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$500 | 50:1 | 1.7 | $100 |
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2,500 | 1:50 | 2 | |
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$250 | 1:200 | 0.9 | |
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$50 | 1:300 | 1 | 10% |
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$225 | 1:400 | 1 | 5% bonus |
pfd-nz.com
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$1 | 1:500 | 0 | |
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$500 | |||
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$100 | 1:500 | 1.5 | |
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$1 | 1:400 | 2 | |
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$1 | 1:100 | 3 | $5 free |
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$25 | 1:400 | 2 | |
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$1 | 1:500 | 0.8 | ||
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$250 | 1:200 | 2.8 | 5% | |
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$500 | 1:400 | 1 | |
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$10 | 1:1000 | 3 | 30% Bonus |
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$10 | 1:400 | 2 | |
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$1000 | 1:200 | 2 | |
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$5 000 | 1:50 | 1 | |
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$1 | 1:500 | 1 | |
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$500 | 1:500 | 1 | |
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$100 | 1:200 | 2.2 | Welcome |
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$500 | 200:1 | 1.4 | |
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$350 | 1:50 | 1.5 | 100% bonus |
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$10 000 | 1:50 | 2 | |
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$100 | 1:500 | 1 | 100% Bonus | |
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$25 | 1:500 | 1 | 110% bonus | |
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$100 | 1:300 | 1 | |
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$500 | 1:400 | 1 | ||
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$250 | 1:400 | 2 | |
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$1 | 1:500 | |||
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$400 | 1:100 | 1.6 | ||
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$500 | 1:100 | 1 | ||
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$100 | 1:400 | 2 | |
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$100 | 1:2000 | 1 | ||
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$100 | 1:200 | 2 | ||
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$1000 | 1:200 | 2 | ||
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$1000 | 1:50 | 1 | |
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$500 | 1:50 | 2 | |
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$50 | 1:100 | 1 | ||
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$5000 | 1:200 | 2 | up to 20% Bonus |
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$2500 | 1:200 | 1 | |
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$1 | 1:500 | 1 | |
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$200 | 1:200 | 1 | |
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$1000 | 1:200 | 1 | Free Signals | |
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$250 | 1:500 | 3 | 30% Bonus |
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$50 | 1:500 | 0.8 | 30% |
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$10 | 1:200 | 1.5 pips | ||
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$10 | 1:500 | 1 | 30% Bonus |
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$1 | 1:500 | 1.6 | Trading Credit | |
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$1 | 1:400 | 2 | 10% Bonus |
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$100 | 1:100 | 1 | ||
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$400 | 1:100 | 0.8 | Get paid |
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150 GBP | 1:400 | 1 | |
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$1 | 1:25 | 0.9 | |
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$250 | 1:400 | 2 | ||
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$1 000 | 1:30 | 2 | |
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$50 | 500:1 | 2 | $20 | |
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$100 | 1:200 | 3 | 5% bonus |
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$200 | 1:100 | |||
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$10 | 1:400 | 2 | 20% bonus | |
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$2500 | 1:400 | ||
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$250 | 1:500 | 2 | |
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$200 | 1:500 | 2 | |
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$300 | 1:200 | 2 pips | |
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$100 | 1:100 | 3 pips | |
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$100 | 1:400 | ||
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$10 | 1:500 | 2 pips | up to 100% | |
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$2,500 | 1:100 | 0.9 pips | |
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2000 | 1:200 | 2.2 | |
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$100 | 1:500 | ||
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$100 | 1:500 | 3 | |
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$500 | 1:500 | 2 pips | 20% bonus | |
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$100 | 1:400 | 1 pip | ||
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$1 | 1:500 | 1.5 pips | |
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$100 | 1:200 | 3 | 30% Bonus |
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$25 | 1:400 | 3 | ||
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$2000 | 1:200 | 2 | ||
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$500 | 1:400 | 3 | 10% Bonus | |
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$100 | 1:500 | 1 | 10% Bonus | |
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$100 | 1:200 | 3 | ||
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$100 | 1:400 | 2 | ||
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$300 | 1:200 | 2 | ||
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$1 | 1:500 | 2 | 50% | |
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$10 | 1:500 | 2 | 40% Bonus | |
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$100 | 1:200 | 3 | $25 Bonus | |
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$25 | 1:100 | 1.8 | ||
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$100 | 1:200 | 3 | up to $2000 |
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$200 | 1:200 | 3 | |
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$5,000 | 1:100 | 1.5 | |
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$10 | 1:100 | 0 | 100% Bonus |
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$2000 | 1:1000 | 1 | $200 | |
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$1000 | 500:1 | 1 | |
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$5 | 1:500 | 1 | 20% Bonus |
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$100 | 1:500 | 1 | 10% Bonus | |
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500 EUR | 1:100 | 1.6 | |
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$1 | 1:100 | 1.5 |