Best Forex Brokers for MetaTrader 4 (2026) — Independently Reviewed

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 — trade with tight spreads Exness — trade with tight spreads
#1

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 →
#2

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 →
#3

HYCM

⭐ 4.3 / 5 · Best for mena + eu traders wanting an established multi-jurisdictional broker with henyep group balance-sheet backing.
Open account
  • RegulatorsFCA · CySEC · DFSA
  • Min. deposit$100
  • Spreads from0.2 pips (Raw) / 1.2 pips (Classic)
  • PlatformsMT4 · MT5
Read full HYCM review →
#4

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 →
#5

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 →
#6

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 →

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