10 Best MetaTrader 4 Forex Brokers
We have listed the 10 Best MetaTrader 4 Forex Brokers for traders seeking powerful tools, user-friendly features, and advanced charting capabilities. These brokers provide tight spreads, trusted regulation, and stable execution, ensuring that both beginners and experienced traders can trade forex with confidence.
10 Best MetaTrader 4 Forex Brokers (2025)
- Pepperstone – Overall, The Best MetaTrader 4 Forex Broker
- FP Markets – Competitive spreads with ECN pricing
- IC Markets – leading trading platforms such as MT4, MT5, and cTrader
- AvaTrade – cutting-edge risk management tool AvaProtect™
- IG – Commitment to client fund security
- OANDA – powerful trading platforms (OANDA Trade, TradingView, MT4)
- CMC Markets – Robust, secure infrastructure
- BlackBull Markets – $0 minimum deposit
- Eightcap – Tight spreads and potentially high leverage
- Admirals – Low trading costs with competitive spreads
Top 10 Forex Brokers (Globally)
1. Pepperstone
Pepperstone offers MetaTrader 4 with fast execution, low spreads, and advanced charting tools. The broker is regulated, beginner-friendly, and supports automated trading, making it a top choice for forex traders worldwide.
| Broker | Pepperstone |
| Regulation | 🇦🇺 ASIC 🇬🇧 FCA 🇨🇾 CySEC 🇩🇪 BaFin 🇦🇪 DFSA 🇰🇪 CMA 🇧🇸 SCB |
| Minimum Deposit | 0 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 500:1 |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) cTrader TradingView Pepperstone’s own platform Myfxbook DupliTrade |
| CFDs Total | 1,200+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review |  |
| Trade Now |  |
Frequently Asked Questions
Does Pepperstone support MetaTrader 4?
Yes, Pepperstone fully supports MetaTrader 4 (MT4) for trading. It is one of their primary platforms, offering features like Expert Advisors and various trading tools.
Is Pepperstone safe for forex trading?
Pepperstone is widely considered safe for forex trading due to its regulation by multiple top-tier financial authorities, including ASIC, FCA, and BaFin. It also segregates client funds from company capital.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Authorized and regulated | Limited product range compared to multi asset brokers |
| Offers MetaTrader 4 with advanced charting tools | Inactivity fees may apply |
| Low spreads and fast order execution | No proprietary trading platform |
| Supports automated trading | Customer support not 24/7 |
| Beginner-friendly and professional features | Some account types require higher deposits |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
Our Insights
Pepperstone is an authorized forex broker offering MetaTrader 4 with low spreads, strong regulation, and advanced tools. It suits both beginners and experienced traders, providing reliable execution, secure trading conditions, and excellent support for automated strategies.
2. FP Markets
FP Markets is an authorized forex broker offering MetaTrader 4 with low spreads, fast execution, and advanced trading tools. The platform supports Expert Advisors (EAs), making it ideal for both beginner and professional traders.
| Broker | FP Markets |
| Regulation | 🇦🇺 ASIC 🇨🇾 CySEC 🇸🇨 FSA 🇿🇦 FSCA 🇲🇺 FSC 🇻🇨 SVG |
| Minimum Deposit | 100 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:500 |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) cTrader IRESS |
| CFDs Total | 10,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Is FP Markets a safe and regulated broker?
FP Markets is a safe and regulated broker. It holds licenses from top-tier financial authorities like ASIC and CySEC. Client funds are held in segregated accounts, ensuring they are separate from the company’s operational capital.
Can I use automated trading on FP Markets MetaTrader 4?
Yes, FP Markets’ MetaTrader 4 (MT4) platform supports automated trading. You can use Expert Advisors (EAs) and other algorithmic trading tools to automate your strategies and execute trades on your behalf.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Legit and authorized broker | Limited 24/7 customer support availability |
| Offers MetaTrader 4 with advanced tools | Some features restricted to higher account types |
| Tight spreads and fast execution | No proprietary trading platform |
| Supports automated trading | Educational content could be more detailed |
| Wide range of forex pairs and CFDs | Withdrawal processing can take longer via some methods |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms, and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
Our Insights
FP Markets is a legit and authorized forex broker offering MetaTrader 4 with low spreads, advanced tools, and reliable execution. It caters to beginners and professionals, making it a trusted choice for secure and efficient trading.
3. IC Markets
IC Markets is a legit forex broker offering MetaTrader 4 with ultra-low spreads, fast execution, and advanced trading tools. The platform supports automated strategies and Expert Advisors (EAs), making it suitable for beginners and professional traders.
| Broker | IC Markets |
| Regulation | 🇦🇺 ASIC 🇨🇾 CySEC 🇸🇨 FSA 🇧🇸 SCB |
| Minimum Deposit | 200 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:500 |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) cTrader WebTrader |
| CFDs Total | 2,300+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Does IC Markets offer MetaTrader 4?
Yes, IC Markets offers MetaTrader 4 (MT4). It’s one of their main platforms, available for desktop, web, and mobile devices, and it’s a popular choice for traders who use automated trading systems.
Is IC Markets a safe and regulated broker?
IC Markets is a safe broker, regulated by several financial authorities including ASIC and CySEC. They also hold client funds in segregated bank accounts and offer an additional insurance policy for some entities.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Legal and regulated broker | Customer support not fully 24/7 for all languages |
| Ultra-low spreads and lightning-fast execution | Limited educational resources |
| MetaTrader 4 with advanced charting and tools | No proprietary trading platform |
| Supports automated trading | Some funding methods incur fees |
| Wide range of forex pairs and CFDs | Account verification process can be lengthy |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
IC Markets is a legal and regulated forex broker offering MetaTrader 4 with ultra-low spreads, advanced tools, and reliable execution. It is a trusted choice for both beginners and experienced traders seeking secure, efficient trading.
Top 3 MetaTrader4 Forex Brokers – Pepperstone vs FP Markets vs IC Markets
| Broker |  |  |  |
| Regulators | 🇦🇺 ASIC 🇬🇧 FCA 🇨🇾 CySEC 🇩🇪 BaFin 🇦🇪 DFSA 🇰🇪 CMA 🇧🇸 SCB | 🇦🇺 ASIC 🇨🇾 CySEC 🇸🇨 FSA 🇿🇦 FSCA 🇲🇺 FSC 🇻🇨 SVG | 🇦🇺 ASIC 🇨🇾 CySEC 🇸🇨 FSA 🇧🇸 SCB |
| Year Established | 2010 | 2005 | 2007 |
| Execution Type(s) | Market Execution NDD ECN-style | ECN DMA NDD | Market Execution NDD ECN |
| Minimum Deposit | 0 USD | 100 USD | 200 USD |
| Leverage | Up to 500:1 | Up to 1:500 | Up to 1:500 |
| Average Trading Cost EUR/USD | Average Spread: 0.6 pips | Average Spread: 0.7 pips | Average Spread: 0.6 pips |
| Commissions | Yes | Yes | Yes |
| Crypto Trading | Yes | Yes | Yes |
| Swap Fees | Yes | Yes | Yes |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) cTrader TradingView Pepperstone’s own platform Myfxbook DupliTrade | MetaTrader 4 (MT4) MetaTrader 5 (MT5) cTrader IRESS | MetaTrader 4 (MT4) MetaTrader 5 (MT5) cTrader WebTrader |
| CFDs Offered | 1,200+ | 10,000+ | 2,300+ |
| Islamic Account | Yes | Yes | Yes |
| Negative Balance Protection | Yes | Yes | Yes |
| Account Segregation | Yes | Yes | Yes |
| Investor Protection Scheme | Yes | Yes | Yes |
| Trade Now |  | | |
4. AvaTrade
AvaTrade is a regulated forex broker offering MetaTrader 4 with low spreads, fast execution, and advanced trading tools. The platform supports automated strategies and Expert Advisors (EAs), making it suitable for both beginner and professional traders.
| Broker | AvaTrade |
| Regulation | 🇮🇪 CBI 🇻🇬 BVI FSC 🇦🇺 ASIC 🇿🇦 FSCA 🇯🇵 JFSA 🇦🇪 ADGM FSRA 🇮🇱 ISA 🇵🇱 KNF |
| Minimum Deposit | 100 USD |
| Spreads From | 0.9 pips |
| Commissions | None |
| Swap Fees | Yes |
| Leverage | Up to 1:400 |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) WebTrader AvaTradeGO AvaOptions AvaSocial DupliTrade AvaProtect |
| CFDs Total | 1,250+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Is AvaTrade safe and regulated?
Yes, AvaTrade is considered safe and is regulated by numerous top-tier financial bodies globally, including the Central Bank of Ireland and ASIC. They also protect client funds by holding them in segregated accounts.
Can I use automated trading on AvaTrade’s MetaTrader 4?
Yes, AvaTrade’s MetaTrader 4 platform fully supports automated trading. You can use Expert Advisors (EAs) to implement and execute your trading strategies automatically, removing emotional bias from your decisions.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Approved and regulated | Inactivity fees apply after periods of non use |
| MetaTrader 4 with advanced tools and features | No support for cTrader or TradingView |
| Supports automated trading | Spreads can be higher compared to ECN brokers |
| Wide range of forex pairs and CFDs | Limited account types |
| Negative balance protection included | Customer service not fully 24/7 in all languages |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
AvaTrade is an approved forex broker offering MetaTrader 4 with low spreads, advanced features, and secure execution. It suits both beginners and professionals, providing reliable trading conditions, automation support, and strong global regulatory oversight.
5. IG
IG is a regulated forex broker offering MetaTrader 4 with low spreads, fast execution, and powerful charting tools. The platform supports automated trading and Expert Advisors (EAs), making it ideal for both beginner and professional traders.
| Broker | IG |
| Regulation | 🇬🇧 FCA 🇩🇪 BaFin 🇨🇭 FINMA 🇺🇸 CFTC/NFA 🇦🇺 ASIC 🇳🇿 FMA 🇸🇬 MAS 🇯🇵 FSA 🇿🇦 FSCA 🇦🇪 DFSA |
| Minimum Deposit | 250 USD |
| Spreads From | 0.6 pips |
| Commissions | None |
| Swap Fees | Yes |
| Leverage | Up to 1:30 |
| Trading Platforms | Web platform Mobile apps MetaTrader 4 (MT4) ProRealTime Advanced L2 Dealer |
| CFDs Total | 17,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Does IG offer MetaTrader 4?
Yes, IG offers MetaTrader 4 (MT4) as a trading platform. It’s a popular option for their clients, providing access to automated trading, advanced charting, and a variety of indicators and add-ons.
Can I use automated trading on IG’s MetaTrader 4?
Yes, IG’s MetaTrader 4 (MT4) platform supports automated trading. You can use Expert Advisors (EAs) to automatically execute trading strategies, which can help remove emotion from your trading decisions.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Registered and regulated | Higher spreads compared to some ECN brokers |
| MetaTrader 4 with advanced tools and charting | Limited access to alternative trading platforms (no cTrader) |
| Supports automated trading | Inactivity fees may apply |
| Wide range of forex pairs | Some account types require higher deposits |
| Negative balance protection | Customer support limited in certain regions |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
Our Insights
IG is a registered forex broker offering MetaTrader 4 with low spreads, fast execution, and advanced tools. It suits both beginners and professional traders, providing secure, efficient, and reliable trading conditions worldwide.
6. OANDA
OANDA is a registered forex broker offering MetaTrader 4 with competitive spreads, fast execution, and advanced charting tools. The platform supports automated trading and Expert Advisors (EAs), making it suitable for both beginner and professional traders.
| Broker | OANDA |
| Regulation | 🇬🇧 FCA 🇦🇺 ASIC 🇺🇸 NFA/CFTC 🇨🇦 IIROC/CIRO 🇸🇬 MAS 🇯🇵 FFAJ 🇻🇬 BVI FSC 🇲🇹 MFSA 🇵🇱 KNF |
| Minimum Deposit | 0 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:50 |
| Trading Platforms | OANDA Trade MetaTrader 4 (MT4) TradingView |
| CFDs Total | 100+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
|
Frequently Asked Questions
Does OANDA offer MetaTrader 4?
Yes, OANDA offers MetaTrader 4 (MT4). They provide a custom-built bridge that combines their pricing and execution with MT4’s charting and analysis, along with a free premium upgrade.
Is OANDA safe and regulated?
Yes, OANDA is a safe and regulated broker. It’s regulated by multiple top-tier financial authorities globally, including the FCA, ASIC, and CFTC/NFA. They also segregate client funds to enhance safety.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Authorized and regulated | Limited access to alternative platforms |
| MetaTrader 4 with advanced charting and trading tools | Some advanced features restricted to higher account types |
| Supports automated trading | Inactivity fees |
| Competitive spreads on major forex pairs | Customer support not fully 24/7 in all regions |
| Negative balance protection | Limited cryptocurrency CFD options |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐☆☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
OANDA is an authorized forex broker offering MetaTrader 4 with competitive spreads, fast execution, and advanced trading tools. It is suitable for both beginners and professionals, providing secure, reliable, and efficient trading conditions.
7. CMC Markets
CMC Markets is a registered forex broker offering MetaTrader 4 with competitive spreads, fast execution, and advanced charting tools. The platform supports automated trading and Expert Advisors (EAs), making it suitable for both beginner and professional traders.
| Broker | CMC Markets |
| Regulation | 🇬🇧 FCA 🇩🇪 BaFin 🇨🇦 IIROC/CIRO 🇦🇺 ASIC 🇳🇿 FMA 🇸🇬 MAS 🇦🇪 DFSA 🇦🇹 FMA 🇨🇳 NFRA |
| Minimum Deposit | 0 USD |
| Spreads From | 0.3 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 500:1 |
| Trading Platforms | Next Generation MetaTrader 4 (MT4) |
| CFDs Total | 9,800+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Does CMC Markets offer MetaTrader 4?
Yes, CMC Markets does offer MetaTrader 4 (MT4). It’s available alongside their proprietary Next Generation platform and supports automated trading with Expert Advisors (EAs).
Is CMC Markets safe and regulated?
Yes, CMC Markets is a safe broker. It is regulated by multiple top-tier authorities like the FCA, ASIC, and BaFin. Client funds are also held in segregated accounts, and the company is listed on the London Stock Exchange.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Legit and regulated by top-tier authorities | Limited access to alternative trading platforms |
| MetaTrader 4 with advanced charting and trading tools | Some account types require higher deposits |
| Supports automated trading (EAs) | Customer support not 24/7 in all regions |
| Competitive spreads on major forex pairs | Inactivity fees may apply |
| Negative balance protection included | Limited cryptocurrency CFD offerings |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
CMC Markets is a legit forex broker offering MetaTrader 4 with competitive spreads, fast execution, and advanced tools. It suits both beginners and professional traders, providing secure, reliable, and efficient trading conditions worldwide.
8. BlackBull Markets
BlackBull Markets is a regulated and reputable forex broker offering the MetaTrader 4 platform with competitive tight spreads and swift trade execution. The platform includes advanced charting features and supports automated trading through Expert Advisors (EAs), making it an excellent choice for both novice and experienced traders.
| Broker | BlackBull Markets |
| Regulation | 🇳🇿 FMA 🇸🇨 FSA |
| Minimum Deposit | 0 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:500 |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) TradingView |
| CFDs Total | 26,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | None |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Is BlackBull Markets safe and regulated?
Yes, BlackBull Markets is considered safe. It is regulated by the Financial Markets Authority (FMA) in New Zealand and the Financial Services Authority (FSA) in Seychelles, and it segregates client funds from company capital.
Can I use automated trading on BlackBull Markets MetaTrader 4?
Yes, you can. BlackBull Markets’ MetaTrader 4 (MT4) platform fully supports automated trading through the use of Expert Advisors (EAs). This allows you to implement and execute your trading strategies automatically.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Legal and regulated broker with strong oversight | Limited access to alternative trading platforms |
| MetaTrader 4 with advanced tools and charting | Some account types require higher deposits |
| Supports automated trading (EAs) | Customer support not 24/7 in all regions |
| Tight spreads and fast execution | Inactivity fees may apply |
| Negative balance protection | Limited cryptocurrency CFDs |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
BlackBull Markets is a legal forex broker offering MetaTrader 4 with tight spreads, advanced charting, and reliable execution. It suits both beginner and professional traders, providing secure, efficient, and trusted trading conditions.
9. Eightcap
Eightcap is a trustworthy forex broker that provides the MetaTrader 4 platform. It features competitive spreads, rapid execution, and advanced charting. The platform also supports automated trading and Expert Advisors (EAs), making it suitable for all levels of traders.
| Broker | Eightcap |
| Regulation | 🇦🇺 ASIC 🇬🇧 FCA 🇨🇾 CySEC 🇧🇸 SCB 🇸🇨 FSA 🇻🇨 FSA |
| Minimum Deposit | 100 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:500 |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) TradingView |
| CFDs Total | 1,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | None |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Does Eightcap offer MetaTrader 4?
Yes, Eightcap offers MetaTrader 4 (MT4). It’s one of their main platforms, providing traders with access to advanced charting tools, Expert Advisors (EAs) for automated trading, and a range of technical indicators.
Is Eightcap safe and regulated?
Eightcap is considered a safe and regulated broker. It holds licenses from multiple financial authorities, including the Australian Securities and Investments Commission (ASIC) and the UK Financial Conduct Authority (FCA), ensuring client fund segregation and negative balance protection.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Approved and regulated broker with strong oversight | Limited access to alternative trading platforms |
| MetaTrader 4 with advanced charting and trading tools | Some account types require higher deposits |
| Supports automated trading | Customer support not fully 24/7 in all regions |
| Low spreads and fast execution | Inactivity fees may apply |
| Negative balance protection included | Limited cryptocurrency CFD offerings |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
Our Insights
Eightcap is an approved forex broker offering MetaTrader 4 with low spreads, fast execution, and advanced charting. It suits both beginners and professional traders, providing secure, reliable, and efficient trading conditions.
10. Admirals
Admirals is a reputable forex broker providing the MetaTrader 4 platform with competitive spreads, rapid trade execution, and sophisticated charting tools. The platform supports automated trading and Expert Advisors (EAs), making it ideal for both novice and experienced traders. Admirals also offers advanced MetaTrader add-ons enhancing the trading experience further.
| Broker | Admirals |
| Regulation | 🇬🇧 FCA 🇨🇾 CySEC 🇦🇺 ASIC 🇯🇴 JSC 🇿🇦 FSCA 🇸🇨 FSA |
| Minimum Deposit | 1 USD |
| Spreads From | 0.0 pips |
| Commissions | Yes |
| Swap Fees | Yes |
| Leverage | Up to 1:500 |
| Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) Admirals App |
| CFDs Total | 4,000+ |
| Account Segregation | Yes |
| Negative Balance Protection | Yes |
| Investor Protection Schemes | Yes |
| Broker Review | |
| Trade Now | |
Frequently Asked Questions
Is Admirals safe and regulated?
Yes, Admirals is a safe and regulated broker. It’s regulated by multiple top-tier financial authorities like the FCA, ASIC, and CySEC. It also segregates client funds from company capital for added security.
Can I use automated trading on Admirals MetaTrader 4?
Yes, you can use automated trading on Admirals’ MetaTrader 4 (MT4) platform. It fully supports Expert Advisors (EAs), allowing you to automate your trading strategies and execute trades without manual intervention.
Pros and Cons
| ✓ Pros | ✕ Cons |
| Registered and regulated broker with strong oversight | Limited access to alternative trading platforms |
| MetaTrader 4 with advanced charting and trading tools | Some account types require higher deposits |
| Supports automated trading (EAs) | Customer support not fully 24/7 in all regions |
| Competitive spreads and fast execution | Inactivity fees may apply |
| Negative balance protection included | Limited cryptocurrency CFDs |
Final Score
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Our Insights
Admirals is a registered forex broker that offers the MetaTrader 4 platform. It provides traders with competitive spreads and fast trade execution. The platform is equipped with advanced tools, making it suitable for both new and experienced traders, and it ensures secure and efficient trading globally.
What is a MetaTrader 4 Forex Broker?
A MetaTrader 4 Forex Broker is a regulated or authorized broker that offers the MT4 platform, enabling traders to access forex markets, use advanced charting tools, automated trading (EAs), and secure, fast trade execution.
Criteria for Choosing a MetaTrader 4 Forex Broker
| Criteria | Description | Importance |
| Regulation & Authorization | Ensure the broker is regulated by top-tier authorities (FCA, ASIC, CySEC) for security and legal protection. | ⭐⭐⭐⭐⭐ |
| Spreads & Commissions | Low spreads and transparent commission structure reduce trading costs. | ⭐⭐⭐⭐☆ |
| Execution Speed | Fast order execution minimizes slippage and improves trading efficiency. | ⭐⭐⭐⭐☆ |
| Trading Platform | Reliable MT4 platform with advanced charting, technical analysis, and Expert Advisor (EA) support. | ⭐⭐⭐⭐⭐ |
| Leverage Options | Ability to adjust leverage according to risk tolerance and trading style. | ⭐⭐⭐⭐☆ |
| Deposit & Withdrawal Options | Flexible, fast, and secure deposit/withdrawal methods enhance convenience. | ⭐⭐⭐⭐☆ |
| Customer Support | Responsive support helps resolve issues quickly, especially important for beginners. | ⭐⭐⭐⭐☆ |
| Account Types | Multiple account types allow traders to choose between standard, ECN, or raw spread accounts. | ⭐⭐⭐☆☆ |
| Negative Balance Protection | Protects traders from losing more than their account balance during volatile market conditions. | ⭐⭐⭐⭐⭐ |
| Educational Resources | Tutorials, webinars, and demo accounts support learning and strategy development. | ⭐⭐⭐☆☆ |
Top 10 Best MetaTrade 4 Forex Brokers – A Direct Comparison
| Multiple Platforms Super-Tight Spreads 24/5 Client Support | | |
| Ultra-Competitive Spreads Multiple Platforms Multi-Regulated | | |
| Tight Pricing Fast Execution No Trading Restrictions | | |
 | Powerful Mobile Trading Global Regulation Fund Security | | |
 | Diverse Assets Innovative Platforms High Customer Satisfaction | | |
 | Multiple Platforms Advanced Charting Real-time FX Data | | |
 | Advanced Trading Platform (Next Generation) Fast Execution Optimized Mobile Apps | | |
 | Diverse Platforms Ultra-Tight Spreads $0 Minimum Deposit | | |
 | Competitive Spreads Flexible Leverage MetaTrader 4 & 5 | | |
 | Powerful Platforms Strong Regulation Financial Education | | |
What Real Traders Want to Know!
Explore the Top Questions asked by real traders across the Globe. From what a MetaTrader 4 Forex Broker is to how to withdraw funds, we provide straightforward answers to help you understand MetaTrader 4 and choose the right broker confidently.
Q: Is MetaTrader 4 suitable for both beginners and experienced traders? – Steven H.
A: Yes, MetaTrader 4 (MT4) is highly suitable for both beginners and experienced traders. Its user-friendly interface is great for newcomers, while advanced tools like automated trading with Expert Advisors (EAs) and custom indicators cater to professionals.
Q: Can I use MetaTrader 4 without a broker? – Wayne B.
A: While you can’t trade live markets without a broker, you can use MetaTrader 4 for free with a demo account. This allows you to practice trading with virtual money and test strategies in a simulated environment.
Q: What does a MetaTrader 4 broker do? – Martin V.
A: A MetaTrader 4 broker provides the MT4 software to clients, acting as an intermediary between traders and the financial markets. The broker’s server executes trade requests and provides real-time pricing data.
Q: Why should I use a demo account with MT4 brokers? – Candida M.
A: You should use an MT4 demo account to practice trading with virtual money, allowing you to learn the platform’s features and test strategies in a risk-free environment before using your own capital.
Q: How do I withdraw funds from MetaTrader 4? – Floyd D.
A: You don’t withdraw funds directly from the MetaTrader 4 platform itself. You must log in to your broker’s secure client portal or website, navigate to the withdrawal section, and submit a request there.
Pros and Cons
| ✓ Pros | ✕ Cons |
| User-Friendly Platform | Outdated Design |
| Advanced Charting Tools | Limited Asset Classes |
| Expert Advisors (EAs) | Single-Threaded Performance |
| Widespread Broker Support | No Built-in Market Depth |
| Customizable | No Native Mac Support |
In Conclusion
MetaTrader 4 forex brokers provide traders with a reliable, regulated, and user-friendly platform. Offering advanced tools, automation, and widespread accessibility, MT4 brokers remain a trusted choice for both beginners and experienced traders worldwide.
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Faq
Yes, MetaTrader 4 (MT4) is free to download and use. However, to trade live markets, you’ll need to open and fund a trading account with a broker that supports the platform.
No, you can’t use MetaTrader 4 with any forex broker. You must choose a broker that specifically supports the platform. While many brokers do offer MT4 due to its popularity, it is not universally available.
Yes, MT4 is considered a secure platform, using strong encryption to protect data transmission between you and the broker’s server. However, your overall safety depends heavily on choosing a regulated and reputable broker.
MetaTrader 4 is highly accessible across multiple devices. It’s available for Windows and macOS on desktops, and as a mobile app for both Android and iOS (iPhone/iPad). A web-based version is also available for any browser.
Yes, MetaTrader 4 offers a built-in copy trading feature called Signals. This allows you to subscribe to and automatically copy the trades of successful traders from the MQL5 community, right from within the platform.
Look for regulation by top-tier authorities like the FCA or ASIC. Also, check independent online reviews and confirm the broker’s license on the regulator’s official website. Beware of unrealistic promises.
