ASIC, CySEC, DFSA +2 more
Top MT4 Fx brokers
MT4, also known as MetaTrader 4, stands as an advanced multi-asset trading platform developed by MetaQuotes Software Corp. Despite being an older platform, it remains remarkably popular and widely used compared to its successor, MT5. The reasons behind its enduring popularity include its extensive features, chart analysis tools, technical indicators, and various functionalities that enable more efficient price chart management and faster trade execution.
Given its advanced capabilities and widespread acceptance in the forex trading world, the majority of forex brokers offer MT4 to their clients. To find the best MT4 Forex brokers, it's essential to first seek out reliable and well-regulated Forex brokers that provide all the necessary features of MT4 for free.
The MT4 advanced trading platform boasts a wide array of built-in technical indicators, ranging from Moving Averages to Oscillators, such as MACD and RSI, and more. While MT4 and MT5 are quite similar platforms, MT5 edges slightly ahead with additional features for social trading. However, MT4 remains a more than capable platform, enabling traders to analyze and trade across multiple markets, including forex, indices, commodities, futures, cryptocurrencies, and stocks.
In order to assist traders in their search for reliable and trustworthy brokers, we have compiled the following list of the top MT4 Forex brokers that offer all the necessary features of this platform.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.82
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
8.64
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.28
8.10
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
The MT4 platform is renowned for its advanced trading features and support for custom technical indicators, as well as trading robots known as EAs or Expert Advisors. These automated trading systems provide a unique ability to fully automate trading processes, all made possible through MT4's dedicated programming language called MQL4. The programming IDE seamlessly integrates into the MT4 platform, accessible with just one click, similar to MT5.
The top MT4 FX brokers not only offer the trading platform for free but also allow EAs and social trading through the platform for maximum convenience.
MT4 provides a range of order types, including stop orders, limit orders, and market orders. Its execution speeds are fast, and with reliable brokers, traders can execute trades with just one click, gaining a significant advantage over other platforms and devices.
However, just like MT5, MT4 is sophisticated software that requires some time to master its useful set of features and trade effectively with it. To aid newbies in this process, many well-established brokers offer tutorials in the form of videos or articles, providing a smooth learning experience. Moreover, the platform is available for all devices and has a web trader option to access markets directly from the browser.
All the brokers in our MT4 Forex brokers list offer tutorials to help beginners practice and enhance their knowledge of live markets.
