What is the best forex broker for metatrader 4?

Our top pick for metatrader 4 is Exness, regulated by CySEC, FCA, with a minimum deposit of $10 and spreads from 0.0 pips (Raw Spread / Zero account).

How did you choose these metatrader 4 brokers?

We assess regulation, trading costs, execution, platforms and suitability for metatrader 4. Rankings are independent — brokers cannot pay for placement.

Best Forex Brokers for MetaTrader 4 (2026)

MT4 remains the most widely used forex platform, with the largest library of expert advisors and indicators. These brokers offer robust MT4 support.

Exness

⭐ 4.6 / 5 · Best for active traders and scalpers prioritizing tight raw spreads and fast withdrawals; mena traders in particular.

Open account

RegulatorsCySEC · FCA · FSCA
Min. deposit$10
Spreads from0.0 pips (Raw Spread / Zero account)
PlatformsMT4 · MT5

Read full Exness review →

XM

⭐ 4.5 / 5 · Best for beginners, low-deposit traders, and education-focused traders, especially in mena and asia.

Open account

RegulatorsCySEC · ASIC · IFSC
Min. deposit$5
Spreads from0.6 pips (Ultra Low)
PlatformsMT4 · MT5

Read full XM review →

FxPro

⭐ 4.5 / 5 · Best for multi-platform traders who want ctrader alongside metatrader, plus broad index/cfd coverage from a cysec-regulated broker.

Open account

RegulatorsCySEC · FCA · FSCA
Min. deposit$100
Spreads from0.3 pips (cTrader Raw)
PlatformsMT4 · MT5

Read full FxPro review →

Pepperstone

⭐ 4.7 / 5 · Best for serious retail traders who want tier-1 regulation, tight spreads, and platform choice (mt4/5/ctrader/tradingview).

Open account

RegulatorsFCA · ASIC · CySEC
Min. deposit$0 (no minimum)
Spreads from0.0 pips (Razor)
PlatformsMT4 · MT5

Read full Pepperstone review →

AvaTrade

⭐ 4.4 / 5 · Best for traders wanting fixed spreads or fx options; multi-platform users wanting copy-trading + manual.

Open account

RegulatorsCentral Bank of Ireland · ASIC · FSCA
Min. deposit$100
Spreads from0.9 pips (Standard)
PlatformsMT4 · MT5

Read full AvaTrade review →

How to choose a broker for metatrader 4

Why MT4 is still the standard

MetaTrader 4 remains the most widely used retail forex platform because it has the largest library of expert advisors and custom indicators, is simple to learn, and is supported almost everywhere. It is the best choice for pure forex automation and copying established strategies.

What to check in an MT4 broker

Look for genuine EA support with free VPS hosting, one-click trading, tight raw-spread accounts, and confirmation the broker is not sunsetting MT4 (some are migrating clients to MT5). All brokers here offer robust, actively-supported MT4.

Frequently asked questions

Is MT4 still worth using in 2026?

Yes — MT4 is still the most popular platform for forex EAs and manual trading thanks to its huge indicator/EA library and simplicity. If you want multi-asset trading or more advanced tools, MT5 is the newer option.

Which broker is best for running MT4 expert advisors?

Exness, XM, HYCM, FxPro and Pepperstone all support EAs with free or low-cost VPS hosting and fast execution. For automated trading, prioritise low latency and a stable VPS.

Best Forex Brokers for MetaTrader 4 (2026)

How to choose a broker for metatrader 4

Why MT4 is still the standard

What to check in an MT4 broker

Frequently asked questions

Top Brokers

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