Best MT4 brokers – List of forex brokers offering Metatrader 4

Broker	Country	Rating	Min. Deposit	Website
	UK, Cyprus, Hong Kong	5/5	$100	Click for a special offerWebsite
	UK, Cyprus, Belize	5/5	$5	Click for a special offerWebsite
	Cyprus, Australia	5/5	$100	Click for a special offerWebsite
	UK	4.95/5	$50	Click for a special offerWebsite
	UK	4.95/5	$100	Click for a special offerWebsite
	Australia	4.90/5	$100	Click for a special offerWebsite
	UK, Australia	4.85/5	$50	Click for a special offerWebsite
	UK, Cyprus, Australia	4.80/5	$5	Click for a special offerWebsite
	Australia	4/5	$200	Read the review
	US, UK, CA, SG, AU, JP	4/5	$1	Read the review
	Australia	3.5/5	$1	Read the review
	UK	3/5	$100	Read the review
	Australia	3/5	$1	Read the review
	Cyprus	3/5	$250	Read the review
	Australia	3/5	$500	Read the review
	South Africa	3/5	$1	Read the review
	Australia	3/5	-	Read the review
	South Africa	2.5/5	$250	Read the review
	SVG	1.9/5	$100	Read the review
	SVG	1.5/5	$10	Read the review
	SVG	1.5/5	$100	Read the review
	Hong Kong	1.5/5	$1	Read the review
	Belize	1.5/5	$100	Read the review
	Macedonia	1.5/5	$50	Read the review
	N/A	1.5/5	$5000	Read the review
	Russia	1/5	-	Read the review
	Marshall Islands	1/5	$500	Read the review
	Hong Kong	1/5	$1	Read the review
	Marshall Islands	1/5	500:1	Read the review
	Marshal Islands	1/5	$250	Read the review
	Hong Kong	1/5	N/A	Read the review
	New Zealand	1/5	$100	Read the review
	Bulgaria	1/5	N/A	Read the review
	Estonia	1/5	$250	Read the review
	Marshall Islands	1/5	$500	Read the review
	N/A	1/5	N/A	Read the review
	UK, Cayman Islands	1/5	$1000	Read the review
	Estonia	1/5	$500	Read the review
	UK	1/5	n/a	Read the review
	UAE	1/5	100 USD	Read the review
	Marshall Islands	1/5	$500	Read the review

First launched in 2005, MetaTrader4 (MT4) is the platform of choice for more than 80% of all traders around the globe. So, it is no wonder that more than 10 years after its launch, the MT4 is still offered by the majority of forex brokers.

Charting & Technical Analysis

The reason why MetaTrader4 has gained immense popularity is not just because it’s easy to use, but because it offers a plethora of useful features and tools. For example, the charting package of the platform is second to none. Not only that you can select different chart types time frames, colors, create templates, but there is a plethora of technical analysis indicators to choose from. Most traders use indicators such as Bollinger Bands, Fibonacci retracement, moving averages, in combination with support and resistance to help them predict the future direction of exchange rates and make profit.

EAs & Back-testing

Another prominent feature of MT4 is the automated trading. Users can run automated trading sessions with the help of specially designed Expert Advisor bots, which are easily customizable. Speaking of customization, those who have some coding skills can create indicators and EAs of their own.

Many traders who use EAs carry out back testing to see how a certain bot might perform over historical trading periods. Running back-tests shows traders what they can expect from the EAs, and which ones are worth it.

One-Click & Signals Trading

Apart from the fast order execution speed, the MT4 has a built-in One Click Trading function, which enables you to perform trade operations with a single mouse click. Besides, those who don’t have the time or the skills to trade on their own have another option on this platform. It is called signals trading and allows users to automatically copy the deals performed by other traders in real time. Many successful traders become signal providers, offering public access to their trades either for free or a reasonable fee.

With its intuitive interface, and professional tools no wonder that MetaTrader4 has stood the test of time and established a market dominance in the forex sector. It seems, however, that this platform is destined to become a relic of history in the years to come, as its developer, MetaQuotes, has put a lot of efforts in making its successor, the MT5, functionally better. What is more, the company has announced that it will no longer update the MT4.

Nonetheless, by the time of writing this, the platform is still functional and preferred by both beginner and professional traders.  The MT4 is available as a desktop download, web version, as well as Android and iPhone mobile apps. Here you may take a look at our list of brokers offering the MT4.

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