8 Best MetaTrader 4 Forex Brokers

 

The 8 Best MetaTrader 4 (MT4) Forex Brokers – Rated and Reviewed. A Comprehensive Overview of the Best MT4 Forex Brokers for online trading, download, and apps.

 

In this in-depth guide, you’ll learn:

 

• The Best MetaTrader 4 (MT4) Forex Brokers – a List
• MetaTrader 4 Forex Trading Tutorial, Bot, and, Reviews
• MetaTrader 4 Forex Trading for Beginners
• Is MetaTrader 4 a Good Platform for Forex Trading?

 

and much, MUCH more!

 

🔎 Broker	🚀 Open an Account	🖱️ MetaTrader4	💴 Min. Deposit
🥇 AvaTrade	👉 Click Here	✅Yes	100 USD
🥈 Exness	👉 Click Here	✅Yes	10 USD
🥉 XTB	👉 Click Here	✅Yes	None
🏅 Pepperstone	👉 Click Here	✅Yes	None

 

8 Best MetaTrader4 Forex Brokers (2025)

 

1. ☑️ AvaTrade – Overall, the Best MetaTrader 4 Forex Broker
2. ☑️ Exness – Excellent all-round offering
3. ☑️ XTB – Best MT4 Forex Broker for Beginners
4. ☑️ Pepperstone – MetaTrader suite with add-ons
5. ☑️ Tickmill – Low-Cost MT4 Forex Broker
6. ☑️ HF Markets – Best MetaTrader Forex Broker for Professionals
7. ☑️ Oanda – High User Trust Score
8. ☑️ Octa – User-Friendly MT4 Interface

 

 

 

1. AvaTrade

AvaTrade is a leading, trusted, and popular Forex Broker that offers its services to 400K traders across the globe. AvaTrade provides access to multiple Trading Platforms, including:

 

• MetaTrader 4
• MetaTrader 5
• WebTrader
• AvaOptions
• DupliTrade
• ZuluTrade

 

MetaTrader 4 is suitable for beginners and advanced traders, plus it offers access to offers automated trading through Expert Advisors.

 

🔎 Broker	🥇 AvaTrade
📌 Year Founded	2006
👤 Amount of staff	Approximately 400
👥 Amount of active traders	Over 300,000
📍 Publicly Traded	None
⭐ Regulation and Security	Very High
🛡️ Regulation	ASIC FSA CBI BVI FSCA FRSA, CySEC ISA, JFSA
🌎 Country of regulation	Australia (ASIC) UK (FCA) Ireland (CBI), etc.
↪️ Account Segregation	✅Yes
🅰️ Negative balance protection	✅Yes
🅱️ Investor Protection Schemes	✅Yes
📈 Account Types and Features	Multiple
📉 Institutional Accounts	✅Yes
📊 Managed Accounts	✅Yes
💹 Minor account currencies	Several, including USD, EUR, GBP, AUD, CAD
💱 Minimum Deposit	100 USD
⏰ Avg. deposit processing time	1-3 business days
⏱️ Avg. Withdrawal processing time	1-5 business days
🪙 Fund Withdrawal Fee	Generally None
💰 Spreads from	0.9 pips
💴 Commissions	Varies by instrument and account type
💶 Number of base currencies	5+
💵 Swap Fees	Varies by instrument and account type
⏹️ Leverage	Up to 400:1
⏯️ Margin requirements	Varies by instrument and account type
☪️ Islamic account	✅Yes
🆓 Demo Account	✅Yes
⏺️ Order Execution Time	Instant to a few seconds
🖱️ VPS Hosting	Available
📈 CFDs Total	1,000+
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📊 CFD Shares	✅Yes
💷 Deposits and Withdrawals	Trusted Options
💳 Deposit Options	Credit/debit cards, bank transfer, e-wallets (e.g., PayPal)
💸 Withdrawal Options	Credit/debit cards, bank transfer, e-wallets (e.g., PayPal)
🖥️ Trading Platforms	MetaTrader 4, MetaTrader 5, AvaTradeGo, WebTrader, AvaSocial, DupliTrade
💻 OS Compatibility	Windows, Mac, iOS, Android
📌 Forex trading tools	Various tools including charting, technical analysis, economic calendar
🥰 Customer Support	Responsive
🗯️ Live Chat	✅Yes
💌 Support Email	Contact Form
☎️ Support Contact	Varies by Region
🐦 Social media	Facebook, Twitter, LinkedIn, YouTube
📍 Languages Supported	English, Spanish, French, German, Italian, Arabic, and more
✏️ Educational Resources	Multiple
📔 Forex course	✅Yes
📚 Webinars	✅Yes
📒 Educational Resources	Various articles, guides, and tutorials
🫶 Affiliate program	✅Yes
🤝 Amount of partners	Numerous global partners
🫰🏻 IB Program	✅Yes
🚩 Sponsor notable events/teams	Sponsorship of various sports teams and events
➡️ Rebate program	✅Yes
🅰️ Cent Accounts	None
🅱️ Micro Accounts	None
😊 Suited to Beginners	✅Yes
😎 Suited to Professionals	✅Yes
⚡ Suited to Active Traders	✅Yes
⭐ Suited to Scalpers	✅Yes
🌞 Suited to Day Traders	✅Yes
🚀Open an Account	👉 Open Account

 

 

MetaTrader 4

The MetaTrader 4 trading platform offers access to Flexible, Fast trading, Trading Signals, Expert Advisors, and, Global Accessibility. Furthermore, the AvaTrade MT4 Trading Platforms come with the following Main Features:

 

• One-click trading
• EA functionality
• 9 timeframes
• 3 charts (line, bar, and candlesticks)
• 30 built-in indicators
• 24 graphical objects
• 1 single login across all your trading platforms
• Guaranteed full data backup and security
• 4 pending order types
• Trade history information
• Micro lots available
• Internal mailing system
• News streaming

 

Finally, Built-in MT4 and MQL4 guides. This will allow traders to build their knowledge of MT4 navigation and MQL4 by taking advantage of the free resources on the platform.  MetaTrader 4 is available via AvaTrade for Web, PC, and Mobile Trading.

 

 

Additional Trading Platforms

AvaTrade offers access to multiple additional Trading Platforms, including:

 

• MetaTrader 5
• WebTrader
• AvaOptions
• DupliTrade
• ZuluTrade

 

The MetaTrader 5 Trading Platform, part of the MetaTrader Suite, offers access to advanced auto-trading systems, technical tools, and copy trading.

 

 

Pros and Cons

 

✅Pros	❌Cons
Regulated by multiple authorities	AvaTrade does not offer managed accounts,
Offers a wide variety of financial instruments	Spreads can be higher
Provides leverage up to 1:400	Cryptocurrency trading might not be available
Access to popular platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5)	Withdrawal fees can vary depending on the payment method
Offers swap-free Islamic accounts	The account setup process and trading conditions can be complex for beginners
Provides VPS hosting options	Direct stock trading is not available

 

Frequently Asked Questions

 

What is AvaTrade?

AvaTrade is a leading and trusted Forex broker that serves over 400,000 traders worldwide, providing a range of trading services and platforms.

 

Which trading platforms does AvaTrade offer?

AvaTrade offers several trading platforms, including MetaTrader 4, MetaTrader 5, WebTrader, AvaOptions, DupliTrade, and ZuluTrade.

 

What are the main features of MetaTrader 4 (MT4)?

MT4 provides flexible and fast trading, one-click trading, automated trading through Expert Advisors (EAs), multiple timeframes, and various technical indicators and graphical objects.

 

Is MetaTrader 4 suitable for beginners?

Yes, MetaTrader 4 is suitable for both beginners and advanced traders, with user-friendly features and extensive resources for learning.

 

 

Our Verdict

When testing many MT4 Forex Brokers, I found that AvaTrade takes the lead. With the support, tools, and trading conditions on offer, it makes this possibly the best provider of the MT4 platform.

 

 

2. Exness

Exness is one of the world’s largest retail brokers, offering access to ultra-fast execution, instant withdrawals, and, 24/7 customer support. Exness offers traders a wide selection of trading platforms across desktop, Mobile, and Web. Trading Platforms on offer include:

 

• MetaTrader 4
• MetaTrader 5
• Exness Trade App
• Exness Terminal

 

and many more!

 

🔎 Broker	🥇 Exness
📌 Year Founded	2008
👤 Amount of Staff	1,000+
👥 Amount of Active Traders	Over 500,000
📍 Publicly Traded	None
🛡️ Regulation>	CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
🌎 Country of Regulation	Multiple
⭐ Safety and Security	High
↪️ Account Segregation	✅Yes
🚨 Negative Balance Protection	✅Yes
📈 Investor Protection Schemes	✅Yes
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	None
💴 Minor Account Currencies	USD, EUR, GBP, AUD, ZAR, etc.
💶 Minimum Deposit	1 USD
⏰ Average Deposit/Withdrawal Processing Time	Instant to a Few hours
💵 Fund Withdrawal Fee	None
📉 Spreads From	0.0 pips
💷 Commissions	From $0 to $3.5 per lot
🔢 Number of Base Currencies Supported	80+
💳 Swap Fees	✅Yes
📊 Leverage	Up to 1:2000
💹 Margin Requirements	Variable based on instrument and leverage
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
⏲️ Order Execution Time	Average 0.1 seconds
🖥️ VPS Hosting	✅Yes
📊 CFDs Total	100+
⭐ CFD Stock Indices	10+
🍎 CFD Commodities	5+
📈 CFD Shares	70+
📉 Deposit Options	Bank Transfer, Credit/Debit, E-wallets, Cryptocurrencies
📊 Withdrawal Options	Bank Transfer, Credit/Debit, E-wallets, Cryptocurrencies
💹 Trading Platforms	MetaTrader 4, MetaTrader 5, Exness Trader (Mobile)
💱 OS Compatibility	Windows, macOS, iOS, Android, Web
📌 Forex Trading Tools	Economic Calendar, Currency Converter, Trading Calculators, Tick History
🥰 Live Chat Availability	24/7
💌 Support Email Address	support@exness.com
☎️ Support Contact Number	Varies by region
💙 Social Media Platforms	Facebook, Twitter, Instagram, LinkedIn
✏️ Languages Supported	Multiple
📔 Forex Course	✅Yes
📚 Webinars	✅Yes
📒 Educational Resources	Articles, Video Tutorials, How-To Guides
📑 Affiliate Program	✅Yes
🗃️ Amount of Partners	Thousands globally
🗄️ IB Program	✅Yes
📇 Sponsors	✅Yes
📏 Rebate Program	✅Yes
📐 Cent or Micro Accounts	✅Yes
🚀Open an Account	👉 Click Here

 

 

MetaTrader 4

By choosing the MetaTrader 4 Trading Platform, users can trade CFDs on more than 200 instruments, including Forex, Metals, and, Energies.  The MT4 trading platform comes packed with multiple trading tools and notable features, including:

 

• 6 types of Pending Orders
• 30 Built-in Technical Indicators
• 23 Analytical Objects
• 2 Execution Types
• Automated trading

 

Furthermore, Financial and data security is provided via the description of all communications between the server and the MT4 platform using 128-bit keys.

 

 

Additional Trading Platforms

Aside from MT4, Traders will have access to a wide selection of trading platforms across desktop, Mobile, and Web.  Exness Trading Platforms include:

 

• MetaTrader 4 & MetaTrader 5
• Exness Trade App
• MT4 Mobile & MT5 Mobile
• Exness Terminal
• MetaTrader WebTeriminal

 

Traders who choose to trade with the MetaTrader 5 trading platform will be met with the MetaEditior Tool. Hedging Tools, Fundamental Analysis plus 38 built-in indicators, 22 analytical tools, and 46 graphical objects.

 

 

Pros and Cons

 

✅ Pros	❌ Cons
Well-regulated	Limited portfolio of financial instruments offered
Several retail investor accounts	limited number of payment methods

 

Frequently Asked Questions

 

What is Exness?

Exness is one of the world’s largest retail brokers, known for ultra-fast execution, instant withdrawals, and 24/7 customer support.

 

Which trading platforms does Exness offer?

Exness provides a variety of trading platforms, including MetaTrader 4, MetaTrader 5, Exness Trade App, Exness Terminal, and others.

 

What can I trade using MetaTrader 4 (MT4) on Exness?

With MT4, you can trade CFDs on over 200 instruments, including Forex, metals, and energies.

 

What features does MetaTrader 4 offer?

MT4 includes 6 types of pending orders, 30 built-in technical indicators, 23 analytical objects, and supports automated trading.

 

 

Our Verdict

When reviewing Exness as an MT4 Forex Broker, I found that the Standard Account has a low minimum deposit and spreads from as low as 1 Pip. Additionally, it supports the MT4 MultiTerminal platform and custom-built EAs on the app.

 

 

3. XTB

XTB is a leading Forex Services Provider with over 20 years of experience in the Financial Markets. XTB traders can choose between the MetaTrader4 and xStation Trading Platforms on desktop and mobile.

 

🔎 Broker	🥇 XTB
📌 Year Founded	2002
👤 Amount of Staff	Approximately 2,000
👥 Amount of Active Traders	Over 500,000
📍 Publicly Traded	Warsaw Stock Exchange (WSE)
📈 Regulation	FCA, KNF, IFSC, CySEC
🌎 Country of Regulation	UK (FCA), Poland (KNF)
📉 Account Segregation	✅Yes
📊 Negative Balance Protection	✅Yes
💹 Investor Protection Schemes	✅Yes
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	None
💰 Minor Account Currencies	Major, Minor
💴 Minimum Deposit	Varies by account type
⚡ Average Deposit/Withdrawal Processing Time	1-3 business days
💶 Fund Withdrawal Fee	None
📐 Spreads From	From 0.1 pips
💶 Commissions	Variable
💵 Number of Base Currencies Supported	30+
💷 Swap Fees	✅Yes
🔖 Leverage	Up to 1:500
🏷️ Margin Requirements	Varies
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
🖇️ Order Execution Time	Milliseconds - Seconds
🖥️ VPS Hosting	Select accounts
📈 CFDs Total Offered	Over 2,000
📉 CFD Stock Indices	Major global indices
🍎 CFD Commodities	Oil, gold, etc.
📊 CFD Shares	✅Yes
💴 Deposit Options	Bank transfer, credit/debit, e-wallets, etc.
💶 Withdrawal Options	Bank transfer, credit/debit, e-wallets, etc.
🖱️ Trading Platforms	xStation 5
⭐ OS Compatibility	Windows, macOS, iOS, Android
⚙️ Forex Trading Tools	Charting tools, technical analysis
🥰 Live Chat Availability	✅Yes
☎️ Customer Support Contact Number	Varies by region
💙 Social Media Platforms	Twitter, Facebook, LinkedIn, Instagram
🚩 Languages Supported	Multiple languages
✏️ Forex Course	✅Yes
📔 Webinars	✅Yes
📚 Educational Resources	Articles, tutorials, etc.
🤝 Affiliate Program	✅Yes
🫶 Amount of Partners	Numerous global partners
🫰🏻 IB Program	✅Yes
🔖 Notable Events or Teams	✅Yes
🏷️ Rebate Program	✅Yes
🚀Open an Account	👉 Click Here

 

 

MetaTrader 4

XTB offers access to one of the world’s most popular trading platforms, MetaTrader4.  MetaTrader4 from XTB comes packed with the following features:

 

• MT4 Strategy Tester
• One-click dealing system
• Automated Trading

 

and much, MUCH more!

 

 

Additional Trading Platforms

Aside from the MT4 trading platform, traders can select to trade with the XTB xStation 5 Trading Platform. The XTB xStation 5 Trading Platform is available on desktop and mobile, offering access to over 5800 instruments including CFDs for Forex, Crypto, and Commodities.

 

 

Pros and Cons

 

✅ Pros	❌ Cons
Award winning platform	Poor email support
Negative balance protection	Limited product portfolio
Fast account opening	No Banking License

 

 

Our Verdict

In my opinion, XM is an excellent Forex Broker that offers the MT4 platform and a comprehensive how-to guide. Spreads start as low as 0.6 pips and trading is available across Forex, stock indices, precious metals, and energies.

 

 

4. Pepperstone

Pepperstone is a popular Broker choice amongst Beginner traders, due to their focus on customer satisfaction and support. Traders will be able to choose from multiple trading platforms, including:

 

• TradingView
• MetaTrader4
• MetaTrader5

 

and many more!

 

🔎 Broker	🥇 Pepperstone
📌 Year Founded	2010
👤 Amount of Staff	300+
👥 Active Traders	300,000+
📍 Publicly Traded	None
🛡️ Regulation	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
🌎 Country of Regulation	UK, Australia, Cyprus
⭐ Safety and Security	High
🔃 Account Segregation	✅Yes
🚨 Negative Balance Protection	✅Yes
📊 Investor Protection Schemes	✅Yes
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	None
💴 Minor Account Currencies	✅Yes
💶 Minimum Deposit	None
⏰ Average Deposit/Withdrawal Processing Time	Depends on method
💵 Fund Withdrawal Fee	None
⭐ Spreads From	0.0 pips
💷 Commissions	✅Yes
🔢 Number of Base Currencies Supported	10+
💳 Swap Fees	✅Yes
⏩ Leverage	Up to 1:500
▶️ Margin Requirements	Varies
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
📈 Order Execution Time	Under 30ms
📉 VPS Hosting	✅Yes
📊 CFDs Total	1200+
💹 CFD Stock Indices	14+
🍎 CFD Commodities	20+
💱 CFD Shares	900+
🅰️ Deposit Options	Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi
🅱️ Withdrawal Options	Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi
🖱️ Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader, TradingView
💻 OS Compatibility	Windows, macOS, iOS, Android, Web-based
⚙️ Forex Trading Tools	Advanced charting, Autochartist, TradingView integration, Market Analysis
🩷 Customer Support	Multiple Channels
🥰 Live Chat Availability	24/5
💌 Support Email Address	support@pepperstone.com
☎️ Support Contact Number	+254 2038 93547/8/9
💙 Social Media Platforms	Facebook, Twitter, LinkedIn, Instagram
↪️ Languages Supported	20+
✏️ Forex Course	✅Yes
📔 Webinars	✅Yes
📚 Educational Resources	Articles, Videos, Trading Guides, eBooks
🤝 Affiliate Program	✅Yes
📑 Amount of Partners	Thousands globally
🗃️ IB Program	✅Yes
🗄️ Sponsors Notable Events or Teams	✅Yes
📇 Rebate Program	✅Yes
⭐ Cent or Micro Accounts	None
🚀Open an Account	👉 Click Here

 

 

MetaTrader 4

The MT4 trading Platform from Pepperstone offers a long list of notable features, including:

 

• A Customizable Platform.
• Build and run EAs using MetaQuotes Language 4 (MQL4).
• Identify statistically significant market movements with Autochartist.
• Access to 28 indicators and EAs.

 

Furthermore, Automated trading will allow traders to trade the markets 24/5 without any intervention.

 

 

Additional Trading Platforms

Aside from the MetaTrader4 Trading platform, traders will have a choice between the following Pepperstone Platforms:

 

Pepperstone Trading Platform:

The Pepperstone Trading Platform is a trading App that allows traders to switch between mobile and desktop trading effortlessly.  The Pepperstone Trading Platform is available on Browsers, Android, and, iOS, offering one-click trading, live stream prices, and trusted customer support.

 

Trading View:

Traders can connect directly to TradingView via their Pepperstone trading account via its integration with cTrader.  Tradingview allows traders to connect with the largest social trading network in the world and offers impressive charting technology.

 

MetaTrader 5:

MetaTrader 5 is the updated version of MetaTrader 4 and allows traders to enjoy faster processing and inbuilt indicators.

 

cTrader:

cTrader is a trusted copy trading platform that allows traders to control slippage and order fills with advanced cTrader features.

 

 

Pros and Cons

 

✅ Pros	❌ Cons
Pepperstone ensures client fund security by keeping it in segregated accounts	There are additional fees applied to the Islamic account
Pepperstone is both a multi-regulated and multi-award-winning broker	There are some leverage restrictions

 

 

Frequently Asked Questions

 

What is XTB?

XTB is a leading Forex services provider with over 20 years of experience in the financial markets, offering a variety of trading options.

 

Which trading platforms does XTB offer?

Traders at XTB can choose between MetaTrader 4 (MT4) and the proprietary xStation 5, both available on desktop and mobile.

 

What features does MetaTrader 4 (MT4) include?

MT4 offers features such as an MT4 strategy tester, a one-click dealing system, and automated trading capabilities.

 

How many instruments can I trade on xStation 5?

The xStation 5 platform provides access to over 5,800 instruments, including CFDs for Forex, cryptocurrencies, and commodities.

 

 

Our Verdict

According to my findings, Pepperstone offers leverage of up to 1:200 and spreads as low as 0.0 Pips. Pepperstone not only offers the MetaTrader 4 platform but also makes MT5 and cTrader available.

 

 

5. Tickmill

Tickmill is a market-leading Forex Services Provider that offers access to superior trading conditions, ultra-fast execution, and dedicated support.

 

🔎 Broker	🥇 Tickmill
📌 Year Founded	2014
👤 Amount of Staff	Approximately 100
👥 Amount of Active Traders	Over 100,000
📍 Publicly Traded	None
📈 Regulation	FCA, CySEC, FSA
📉 Country of Regulation	UK, Cyprus, Seychelles
📊 Account Segregation	✅Yes
💹 Negative Balance Protection	✅Yes
💱 Investor Protection Schemes	✅Yes
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	None
💴 Minor Account Currencies	5+
💶 Minimum Deposit	$100
⚡ Average Deposit/Withdrawal Processing Time	1-2 business days withdrawals
💵 Fund Withdrawal Fee	Generally free
📌 Spreads From	0.0 pips (ECN accounts)
💷 Commissions	Variable
🔢 Number of Base Currencies Supported	Over 50
💳 Swap Fees	Applicable. Varies.
⭐ Leverage	Up to 1:500 (Forex trading)
📍 Margin Requirements	Varies
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
🖥️ Order Execution Time	Milliseconds
💻 VPS Hosting	Available for a fee
📈 CFDs - Total Offered	80+
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📊 CFD Shares	✅Yes
💴 Deposit Options	Bank transfer, credit/debit, e-wallets
💶 Withdrawal Options	Bank transfer, credit/debit, e-wallets
🖥️ Trading Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5)
💻 OS Compatibility	Windows, macOS, iOS, Android
🖱️ Forex Trading Tools	Advanced charting, market analysis tools
⭐ Customer Support	✅Yes
🥰 Live Chat Availability	✅Yes
☎️ Customer Support Contact Number	+44 20 8089 0385
💙 Social Media Platforms	Facebook, Twitter, LinkedIn
⚙️ Languages Supported on Tickmill Website	English, Spanish, German, Arabic
↪️ Education and Research	✅Yes
📔 Forex Course	✅Yes
✏️ Webinars	✅Yes
📚 Educational Resources	Comprehensive Resources
🤝 Affiliate Program	✅Yes
🫶 Amount of Partners	Numerous Worldwide
🫰🏻 IB Program	✅Yes
⭐ Do They Sponsor Any Notable Events or Teams	✅Yes
🎁 Rebate Program	✅Yes
🚀Open an Account	👉 Click Here

 

 

MetaTrader4

Tickmill’s MT4 Platform is fully customizable and offers access to:

 

• Advanced Technical Analysis
• 50+ Indicators
• One Click Trading

 

and much, MUCH more!

 

 

Additional Trading Platforms

Additional trading platforms made available by Tickmill include MetaTrader5 and the Tickmill Mobile App. The Tickmill MetaTrader5 trading platform supports 6 types of Pending orders, including Limit, Stop, and Stop-Limit, 38+ integrated Indicators, 21 timeframes, and multiple customizable charts.

 

 

Pros and Cons

 

✅Pros	❌Cons
Robust trading platforms	Currency conversion fees
Very high trust score	No fixed spread accounts offered
Several convenient funding options	The spreads are not the tightest

 

 

Frequently Asked Questions

 

What is Tickmill?

Tickmill is a market-leading Forex services provider known for offering superior trading conditions, ultra-fast execution, and dedicated support.

 

Which trading platforms does Tickmill offer?

Tickmill provides access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the Tickmill Mobile App for trading.

 

What features does Tickmill’s MetaTrader 4 (MT4) include?

Tickmill’s MT4 platform is fully customizable and includes advanced technical analysis tools, over 50 indicators, and one-click trading functionality.

 

How does MetaTrader 5 (MT5) differ from MT4 at Tickmill?

MT5 supports 6 types of pending orders, over 38 integrated indicators, 21 timeframes, and multiple customizable charts, providing enhanced trading capabilities.

 

 

Our Verdict

Aside from being user-friendly, I found that Tickmill offers low forex fees, free deposits/withdrawals, and, a fast and easy MT4 account registration process.

 

 

6. HF Markets

HF Markets is a global leader in online trading. Traders will have access to multiple bonus offers, account types, and trading platforms.

 

🔎 Broker	🥇 HFM
📌 Year Founded	2010
📍 Publicly Traded	None
⭐ Regulation and Security	FCA CySEC FSCA and other regionals
🌎 Country of regulation	UK Cyprus South Africa among others
↪️ Account Segregation	✅Yes
🅰️ Negative balance protection	✅Yes
🅱️ Investor Protection Schemes	✅Yes
📈 Account Types and Features	Multiple
📉 Institutional Accounts	✅Yes
📊 Managed Accounts	✅Yes
💹 Minor account currencies	Various
💱 Minimum Deposit	5 USD
⏰ Avg. deposit processing time	Instant to a few hours
⏱️ Avg. Withdrawal processing time	1-3 business days
🪙 Fund Withdrawal Fee	Varies depending on the method
💰 Spreads from	0.0 pips (depending on account type)
💴 Commissions	Varies by account type and instrument
💶 Number of base currencies	25+
💵 Swap Fees	Varies depending on account type and currency pair
⏹️ Leverage	Up to 1:1000 (varies by account and instrument)
⏯️ Margin requirements	Depends on leverage and trading instrument
☪️ Islamic account	✅Yes
🆓 Demo Account	✅Yes
⏺️ Order Execution Time	Instant to milliseconds
🖱️ VPS Hosting	Yes (for clients meeting criteria)
📈 CFDs Total	1500+
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📊 CFD Shares	✅Yes
💷 Deposits and Withdrawals	Trusted Options
💳 Deposit Options	Bank transfer Credit/debit cards E-wallets
💸 Withdrawal Options	Bank transfer Credit/debit cards E-wallets
🖥️ Trading Platforms	Propietary platform MT4 MT5
💻 OS Compatibility	Windows Mac iOS Android
📌 Forex trading tools	Charting tools, Economic calendar Market news
🥰 Customer Support	Very responsive
🗯️ Live Chat	✅Yes
💌 Support Email	support@hfmarkets.com
☎️ Support Contact	Varies by Region
🐦 Social media	Facebook Twitter LinkedIn Instagram
📍 Languages Supported	Multiple (including English, Spanish, Arabic)
✏️ Educational Resources	Articles eBooks Video tutorials
📔 Forex course	✅Yes
📚 Webinars	✅Yes
🫶 Affiliate program	✅Yes
🫰🏻 IB Program	✅Yes
🚩 Sponsor notable events/teams	Various sports teams and events
➡️ Rebate program	✅Yes
🅰️ Cent Accounts	✅Yes
🅱️ Micro Accounts	✅Yes
😊 Suited to Beginners	✅Yes
😎 Suited to Professionals	✅Yes
⚡ Suited to Active Traders	✅Yes
⭐ Suited to Scalpers	✅Yes
🌞 Suited to Day Traders	✅Yes
🚀Open an Account	👉 Open Account

 

 

MetaTrader 4

The MetaTrader4 trading Platform from HFM comes with multiple notable features, including automated trading and trading flexibility. Furthermore, CFD Trading is available on 250+ trading instruments and MT4 is available for any device.

 

 

Additional Trading Platforms

HFM additionally offers access to MetaTrader5 and HFM Trading App. MT5 offers multi-asset trading on 3000+ trading instruments, automated trading via EAs, and, exceptional customer support.

 

 

Pros and Cons

 

✅ Pros	❌ Cons
High-Trust Score	Small range of tradable assets
Low Min. Deposit	Limited Customer Support
MT4 and MT5	Limited Base Account Currency
Proprietary Platform	Withdrawal Fee may apply
Premium Trader Tools	Limited Customer Support
Micro Account	Trading Fees higher than Average

 

Frequently Asked Questions

 

What is HF Markets (HFM)?

HF Markets is a global leader in online trading, offering a variety of bonus offers, account types, and trading platforms for traders.

 

Which trading platforms does HFM provide?

HFM offers access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the HFM Trading App.

 

What features does MetaTrader 4 (MT4) offer at HFM?

MT4 includes features such as automated trading, trading flexibility, and access to CFD trading on over 250 instruments.

 

How does MetaTrader 5 (MT5) differ from MT4?

MT5 supports multi-asset trading on over 3,000 instruments, offers automated trading via Expert Advisors (EAs), and provides exceptional customer support.

 

 

Our Verdict

HFM offers not one, but six different accounts on the MT4 platform. Additionally, Beginners can test the platform on its impressive Demo Account option.

 

 

7. Oanda

Oanda is an award-winning Forex Broker with over 25 years of experience in the Financial Markets. Oanda stands out due to its excellent customer care and transparent pricing.

 

🔎 Broker	🥇 OANDA
📌 Year Founded	1996
👤 Amount of Staff	400+
👥 Publicly Traded	None
⭐ Regulation and Security	Very High
🛡️ Regulation	ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA
🌎 Country of Regulation	UK, Australia, USA etc.
🔃 Account Segregation	✅Yes
🚨 Negative Balance Protection	✅Yes
📍 Investor Protection Schemes	✅Yes
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	✅Yes
💴 Minor Account Currencies	Multiple, including minor currencies
💶 Minimum Deposit	0 USD
⏰ Avg. Deposit Processing Time	Instant to 1 business day
⏱️ Avg. Withdrawal Processing Time	1-5 business days
💵 Fund Withdrawal Fee	Varies by method
💷 Spreads From	0.0 pips (varies by account type)
💳 Commissions	No commission for standard accounts
💸 Number of Base Currencies	40+
💲 Swap Fees	Varies by instrument and position
⏹️ Leverage	Up to 1:30 for retail accounts
⏺️ Margin Requirements	Varies with leverage and position
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
🖥️ Order Execution Time	Instant to a few seconds
💻 VPS Hosting	Available upon request
📈 CFDs Total Offered	50+
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📊 CFD Shares	✅Yes
🅰️ Deposit Options	Bank transfer, credit/debit card, e-wallets
🅱️ Withdrawal Options	Bank transfer, credit/debit card, e-wallets
🔖 Trading Platforms	FXTrade, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
🏷️ OS Compatibility	Windows, macOS, iOS, Android
⚙️ Forex Trading Tools	Advanced charting, analysis tools
▶️ Account Types	Standard, Core, Premium
🥰 Live Chat	✅Yes
💌 Support Email	Contact Form
☎️ Support Contact	Varies by Region
🐦 Social Media	Twitter, LinkedIn, Facebook, YouTube
🗯️ Languages	English, Spanish, Chinese
✏️ Forex Course	✅Yes
📔 Webinars	✅Yes
🫰🏻 Partnerships and Programs	✅Yes
🫶 Affiliate Program	✅Yes
🤝 IB Program	✅Yes
🏆 Sponsor Notable Events/Teams	✅Yes
💡 Rebate Program	✅Yes
😊 Suited to Beginners	✅Yes
😎 Suited to Professionals	✅Yes
🧐 Suited to Active Traders	✅Yes
💹 Suited to Scalpers	✅Yes
🌞 Suited to Day Traders	✅Yes
🚀Open an Account	👉 Click Here

 

 

MetaTrader4

Oanda offers access to MT4 for Web, Desktop, and, Mobile on either Live or Demo accounts. Notable features include:

 

• Automated trading strategies
• Automatic chart pattern recognition tool
• Advanced mobile and tablet charting
• Free indicators and widgets

 

and much, MUCH more!

 

 

Additional Trading Platforms

Additionally, traders can choose from the MetaTrader5 and fxTrade trading platforms. The fxTrade app offers access to a Customisable interface, Multi-asset product suites, and, One-click trading.

 

 

Pros and Cons

 

✅ Pros	❌ Cons
Excellent trading platforms	Only FX and CFD available
Great research tools	No stock exchange listing
User-friendly	Customer support is not 24/7

 

Frequently Asked Questions

 

What is Oanda?

Oanda is an award-winning Forex broker with over 25 years of experience in the financial markets, known for its excellent customer care and transparent pricing.

 

Which trading platforms does Oanda offer?

Oanda provides access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary fxTrade trading platform.

 

What features does Oanda’s MetaTrader 4 (MT4) include?

MT4 at Oanda offers automated trading strategies, an automatic chart pattern recognition tool, advanced mobile and tablet charting, and free indicators and widgets.

 

Is MT4 available on different devices?

Oanda’s MT4 is accessible on web, desktop, and mobile devices, allowing for flexible trading options.

 

 

Our Verdict

Oanda is a well-regulated Forex Broker that offers access to the MT4 platform and commission-free trading across various assets, including forex, commodities, indices, and bonds.

 

 

8. Octa

Octa, previously OctaFX, is a Forex Broker that offers convenient portfolio management, transparent trading conditions, and, helpful educational materials.

 

🔎 Broker	🥇 Octa
📉 Regulation and Licenses	CySEC, MISA, FSCA
🎁 Bonuses	✅Yes
⏰ Support Hours	24/7
📌 Year Founded	2011
👤 Amount of Staff	500+
👥 Amount of Active Traders	1,000,000+
📍 Publicly Traded	None
🌎 Country of Regulation	Cyprus
🔃 Account Segregation	✅Yes
🚨 Negative Balance Protection	✅Yes
⚙️ Investor Protection Schemes	Investor Compensation Fund (ICF)
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	✅Yes
💴 Minor Account Currencies	✅Yes
💶 Minimum Deposit	25 USD
⚡ Average Deposit/Withdrawal Processing Time	1-3 business days
💵 Fund Withdrawal Fee	None
📈 Spreads From	0.0 pips
💷 Commissions	None
💳 Number of Base Currencies Supported	40+
💰 Swap Fees	✅Yes
📐 Leverage	Up to 1:500
📏 Margin Requirements	Varies by account type
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
⏰ Order Execution Time	Varies
🌐 VPS Hosting	✅Yes
📈 CFDs - Total Offered	200+
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📊 CFD Shares	✅Yes
💴 Deposit Options	Bank transfer, Credit/Debit, eWallets
💶 Withdrawal Options	Bank transfer, Credit/Debit, eWallets
🖥️ Trading Platforms	MetaTrader 4, MetaTrader 5, OctaTrader
💻 OS Compatibility	Windows, MacOS, iOS, Android
🖱️ Forex Trading Tools	Economic calendar
🥰 Live Chat Availability	✅Yes
☎️ Customer Support Contact Number	Varies by region
💝 Social Media Platforms	Facebook, Twitter, Instagram, YouTube
↪️ Languages Supported	English, Arabic, Chinese, Indonesian
✏️ Forex Course	✅Yes
📔 Webinars	✅Yes
📚 Educational Resources	Trading guides, articles, tutorials
🤝 Partnerships and Programs	✅Yes
🫶 Affiliate Program	✅Yes
👤 Amount of Partners	1,000+
🫰🏻 IB Program	Yes
✈️ Do They Sponsor Any Notable Events or Teams	✅Yes
Rebate Program	✅Yes
🚀Open an Account	👉 Click Here

 

 

MetaTrader 4

Octa offers access to the MetaTrader 4 trading platform across the Web, Android, Windows, and, macOS. The MT4 trading platform provides robust technology and tools for price change tracking, trend pattern recognition, and automated trading.

 

 

Additional Trading Platforms

Aside from MetaTrader 4, traders can choose between MetaTrader 5 and OctaTrader. The OctaTrader trading platform has the following notable features:

 

• One-click trading
• Seamless deposits and withdrawals
• Terminal alerts and notifications
• Access to regularly updated analytics

 

and much, MUCH more!

 

 

Pros and Cons

 

✅ Pros	❌ Cons
High maximum leverage	US Clients not accepted
Low minimum deposit	Low asset selection

 

Frequently Asked Questions

 

What is Octa?

Octa is a Forex broker that provides convenient portfolio management, transparent trading conditions, and helpful educational materials for traders.

 

Which trading platforms does Octa offer?

Octa offers access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary OctaTrader platform.

 

What features does Octa’s MetaTrader 4 (MT4) include?

MT4 at Octa includes robust tools for price change tracking, and trend pattern recognition, and supports automated trading.

 

Is MT4 accessible on different devices?

Octa’s MT4 platform is available on the web, Android, Windows, and macOS, ensuring flexibility for traders.

 

 

Our Verdict

In my experience, the Best tool on offer to a Novis Trader is a Demo Account. Octa clients can test the MT4 Platforms and enjoy an extensive range of research and educational materials.

 

 

What is MetaTrader4?

MetaTrader4 or MT4 is a trading platform used for trading Forex, analyzing the financial markets, and using expert advisors. MetaTrader 4 is a third-party trading platform that offers access to online trading in various financial markets, offering real-time price analysis, and, charting via a user-friendly interface.

 

 

Factors to Consider When Choosing a MetaTrader 4 Broker

Multiple factors should be taken into consideration when choosing a MetaTrader 4 Forex Broker, the most notable of which include:

 

Fees and Commission

It is important to compare Broker Fees and Commissions before selecting an MT4 Forex Broker. Some Brokers may charge additional or higher Fees and Commissions.

 

Additional Trading Platforms

In addition to the MetaTrader 4 platform, selected Brokers will offer additional third-party or proprietary trading platforms and it is important to evaluate all features and functionalities on offer.

 

Account Types

Each Forex Broker will have its own set of account types, each with its features and possible benefits. Traders should select an account type based on their individual trading needs.

 

Customer Service

Having access to reliable and responsive customer support is a very important factor to consider when choosing an MT4 Forex broker, especially for Beginners.

 

 

In Conclusion

MetaTrader 4 is a popular online trading platform that offers trusted access to a wide range of tools and resources for traders.

 

You might also like:

 

• AvaTrade Review
• Exness Review
• XTB Review
• Pepperstone Review
• Tickmill Review

 

Frequently Asked Questions

 

What is MetaTrader 4?

MetaTrader is a popular trading platform developed by MetaQuotes Software Corp. MetaTrader has two available options, MetaTrader 4 and MetaTrader 5.

 

Which is the most popular MT4 Broker Choice for Beginners?

According to research, HF Markets is the most popular MT4 Broker choice amongst beginners in forex trading.

 

Does MT4 Support Copytrading?

Yes, MT4 does support copy-trading through MT4 Trading Signals.

 

Does MT4 Support Automated Trading?

MT4 does support automated trading through the MT4 signal service.

 

Can I trade on MT4 without a broker?

No. Traders will need some form of Forex Trading account to access MT4, be it a live trading account or a demo account option.

 

Is the MetaTrader4 Platform free?

Yes, the MT4 Trading Platform is completely free to use.