11 Best MetaTrader 4 (MT4) Brokers for 2026

FP Markets is licensed by 6 global regulators and was founded in 2005 in Australia. It has grown into a major broker in the forex and CFD markets. It’s our best MT4 broker for international traders, offering raw pricing, fast MT4 execution from the Equinix NY4 server, zero trade restrictions, and access to its MT4 Traders Toolbox and the MT4 Autochartist plugin.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: MT4 Traders Toolbox, Autochartist plugin

The MT4/MT5 Traders Toolbox offers a useful range of additional MT4 indicators and tools, including an alarm manager, a correlation trader, a market manager, and a stealth order indicator. I really enjoyed using the correlation trader plugin as it helps to quickly identify which markets are correlated with one another, helping with overall risk and portfolio management.

The broker also integrates Autochartist into the MT4 desktop version. This is a third-party plugin that offers the ability to scan thousands of markets in real time for different chart and candlestick patterns setting up. It helps beginners to find more trading ideas and advanced traders to speed up their market analysis for different opportunities.

Capital.com was founded in 2016 and is headquartered in Cyprus. The broker has become a strong choice for crypto-focused MT4 traders thanks to its extensive cryptocurrency offering and advanced trading tools.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: No
• MT4 Add-ons: FIX API access for advanced trading

The selection of over 543 crypto assets to trade on is the largest number of instruments I have ever come across from a regulated CFD broker. Even the 147 forex pairs are the largest selection in the industry. Furthermore, the cryptos can be traded 24/7, and the broker provides pre-built category lists showing the most traded, most volatile, top risers and top fallers. This is a useful feature to quickly grasp what’s happening in the crypto market.

For fast timeframe crypto traders, MT4’s one-click trading and Depth of Market (DoM) functionality make it easier to react quickly to market volatility and execute trades instantly. The platform can also be enhanced through Capital.com’s FIX API integration, which provides access to raw spreads directly from an exchange’s order book, including BTC/USD and ETH/USD, and helps deliver very fast order execution speeds.

FxPro was established in 2006 and is headquartered in London. It has built a strong reputation for its fast order execution and transparency. I found an average execution speed of under 12 milliseconds, which is one of the best in the industry, making FxPro ideal for short-term traders who need good quality and fast execution.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: Trading Central plugin

I found that around 84% of client orders are executed at the requested price or better, which is great to have such a high level of execution transparency. As a no dealing desk (NDD) broker, FxPro offers zero requotes, which is useful for short-term traders who need to execute at exact price levels. Alongside MT4’s built-in features like one-click trading and customisable charts, FxPro offers a strong package suitable for fast timeframe and automated traders.

For traders looking to maximise speed and stability, FxPro offers Virtual Private Server (VPS) hosting, which helps reduce latency and maintain a stable connection to trading servers. With an average execution speed of 12 milliseconds, FxPro is well-suited to fast-timeframe and algorithmic traders.

Swissquote is a Swiss banking group founded in 2000 and listed on the SIX Swiss Exchange. It’s fast execution speed of less than 9 milliseconds is ideal for auto trading Expert Advisors from the MT4 and MT5 desktop platforms.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: No
• MT4 Add-ons: No

Swissquote offers over 400 CFD instruments, including spot forex, forex options, indices, stocks, commodities, and bonds, through the MetaTrader 4, MetaTrader 5, TradingView and proprietary CFXD platform. For auto trading, the MT4 and MT5 have long been the gold standard as they enable the running of Expert Advisors (EAs), have built-in script editors and strategy-testing tools, making it easy for traders to design, develop, and optimize their own trading algorithms.

During my testing, I found the Swissquote MT4 platform also offers 2,000 free custom indicators and 700 paid ones. There are also ready-made Expert Advisors (free and paid) that traders can implement instantly. This will work well with the broker’s ultra-fast execution speed of 9 milliseconds. You can also access MT4 Signals, which automatically copies trades of other traders in your own account.

Founded in 2011, FXTM stands out for professional traders due to its combination of additional trading tools, multiple account types, high-quality in-house market research and trading signals from Trading Central and Acuity. It also offers real stocks on top of 1,460 CFDs, allowing for a true multi-asset class trading experience.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: Pro Trader Tools plugin and 6 additional MT4 plugins

I found the FXTM Pro Trader Tools plugin for MT4 well-suited to professional traders as they allow for advanced trade execution by setting smart orders, attaching partial close instructions and an alarm manager to set up notifications by email, SMS or platform pop-ups. The Connect plugin is helpful to stay up to date with live financial market news and economic news releases.

Another standout feature for professionals is the range of 5 different account types FXTM has. For professionals who priortise low fees, precise trade execution and high leverage the Advantage account is likely the best option as it offers spreads from 0.0 pips, round turn commission of $7 and high leverage of 1:3000. The in-house market research and trading signals from Acuity and Trading Central are useful additions for fundamental traders.

Founded in 2019 and headquartered in the Seychelles, Errante stands as a top broker for account offering due to its simple account-opening process, multiple account options, low minimum deposit, private indemnity insurance and range of different platforms to trade from, including MT4, MT5, cTrader and TradingView.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: No

I opened a live account with Errante and found the process very quick and hassle-free. My account was set up in a few minutes, so I was ready to place my first trade almost immediately after registering and filling out an application form. The broker offers three commission-free account types called Standard, Premium and VIP, as well as a commission-based Tailor Made account. The Standard account has a low minimum deposit of $50 but has the highest spreads.

While the range of 160 tradable instruments is low, it does cover all the major markets required for the majority of retail traders. The ease and simplicity of opening an account and the variety of deposit and withdrawal options available, make Errante a strong option for traders who need to get started quickly.

Tickmill was founded in 2014 and headquartered in Cyprus. It offers a wide range of some of the best trading tools available including third-party integrations, in-house analytics, multiple platform options and an Advanced Trading Tool Kit for MT4.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: Advanced Trading Tool Kit from Figaro

I was impressed with Tickmill’s Advanced Trading Tool Kit as it offers additional plugins for MT4, including a trade terminal, mini terminal, correlation matrix, and sentiment trader. For day traders and scalpers, the mini-terminal is very helpful as you can use smart lines to place market, stop and limit orders directly on the chart, and there is a built-in risk management calculator allowing for fast trade execution.

Of all the plugins, my favourite tool is the sentiment trader, as it allows you to quickly see how other traders are positioned in the market, which can help to identify overbought and oversold conditions. There are some great trading tools for beginners too, including trading signals from Acuity, copy trading and comprehensive market research content.

IronFX was founded in 2010 and is headquartered in Cyprus. The broker stands out as a strong option for beginners thanks to its low minimum deposit, commission-free trading, high leverage, copy trading service and outstanding market research and educational resources.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: MT4 Advanced Trader, Multi-Terminal, TradeCopier

The IronFX Academy is very impressive and offers a wide variety of informative educational resources in both written and video formats. There are numerous eBooks, hundreds of webinars and a regularly updated podcast which have all been crafted to support traders at all levels of experience, particularly beginners.

For beginner traders, the MT4 desktop version requires a steeper learning curve than the web or mobile version. The web version is the easiest way to view charts, perform basic technical analysis and execute trades which can also be done and managed on the web platform. However, the MT4 Advanced Trader tools are only available on the desktop platform, so it is worthwhile watching the broker’s platform tutorials for MT4 desktop.

IronFX’s TradeCopier service is connected to an MT4 trading account. This allows you to view signal providers and their performance and have their trades copied directly into your account. I found that the leaderboard in the client portal section is easy to navigate, allowing users to evaluate different trading strategies and providers very quickly.

XM was founded in 2009 and is headquartered in Cyprus. It stands out as offering a strong suite of advanced MT4 tools, which include integrated trading signals from Trading Central, automation capabilities such as a Strategy Builder and Backtester, and useful market research and sentiment indicators.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: Trading Central

XM enhances the basic MT4 desktop platform with a range of useful integrated tools from Trading Central. This includes Market Buzz, Fundamental Insight, Crowd Insight, Newsdesk, Technical Insight, Economic Insight, Technical Views, Strategy Builder and Featured Ideas.

For traders interested in using market research and analysis to execute trades, the Newsdesk, Economic Insight and Market Buzz features are particularly useful. These offer a fundamental overview of the market and how traders are positioned.

Technical analysis traders will enjoy the Technical Insight tool. This scans thousands of markets for candlestick, chart and indicator patterns. It can be used to help speed up market analysis or even as trading signals. The broker’s copy trading service is also useful, as you can copy the trades of other traders directly into your MT4 account.

tastfxy (formerly IG US) is part of the IG Group, a well-known financial services company founded in 1974. It stands out as the top overall broker for US traders as it offers access to leveraged forex trading, multiple account types, multiple trading platforms like MT4, MT5, TradingView and ProRealTime and extra MT4 add-ons and plugins.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: 18 additional indicators, Signal Center, Autochartist plugin

During my live testing, I found a range of free additional MT4 add-ons from tastyfx which included a Renko indicator, a pivot point indicator, stealth orders, a correlation matrix, a sentiment trader, and many more. I found the most impressive tool was the mini terminal add-on, which gives a customised MT4 deal ticket that allows you to place your price levels directly on the chart. The terminal also has a built-in profit and loss calculator which I found helpful for quick risk management calculations.

The Signal Centre plugin is interesting as it offers trading signals using a combination of AI technology and human filtering. Each signal has a brief explanation on the reasoning of each trade. I found most of the signals use limit orders and have around a 3:1 reward-to-risk ratio. The Autochartist plugin is helpful for both beginner and advanced traders as it scans thousands of markets in real-time for different chart and candlestick patterns, setting up which can help speed up market research and offer different trading ideas.

My preferred account at tastyfx is the Zero+ account, as it offers raw spreads starting at 0.0 pips and a flat commission of $5 per lot, per side, which is slightly higher than the $3.50 industry average. The Prime account is interesting as it offers interest on idle cash and spreads that are 44% lower than other account types.

OANDA was founded in 1996 and provides products for institutional, corporate and retail traders. It’s our top MT4 provider in the US, due to its API access, fast order execution and 28 new indicators and apps in its premium upgrade package.

Key MT4 Features

• MT4 Availability: Desktop, web, mobile
• VPS: Yes
• MT4 Add-ons: MT4 Premium Upgrade with 28 additional indicators and tools

I found the MT4 Premium upgrade useful for live trading as the additional indicators and advanced order types help trade more advanced strategies. I enjoyed the alert manager which was easy to use and helps to stay notified when the market reaches important price levels.

As one of my trading strategies involves breakout trading from small ranges, I found the standout tool was the ability to place OCO (one-cancels-the-other) in the MT4 desktop version – an order type which many platforms don’t offer. These orders enable you to place one long order and one short order on the same instrument. When one of the orders triggers, the other order is automatically canceled, making it great for breakout trading.

As an active trader myself, I found the Elite Trader Program interesting. This can reduce trading costs by 34% by providing cash rebates of up to $5 to $17 per million traded. You can also be invited to VIP events, such as special sporting events and dinners across the US, helping to provide a more social experience.