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Best MT4 Forex Brokers In 2024

MetaTrader 4 (MT4) is a widely used and respected trading platform in the forex industry. Many forex brokers offer the MT4 platform to their clients, providing access to a range of charting and analysis tools, customizable indicators, and the ability to automate trading through the use of expert advisors (EAs).

With so many brokers offering the MT4 platform, it can be challenging to choose the right one for your trading needs. To help you make an informed decision, we have compiled a list of the best MT4 forex brokers. These brokers have been selected based on a range of factors, including reputation, regulation, trading conditions, and customer support. Whether you are a novice trader or an experienced professional, our list of the best MT4 forex brokers can help you find a broker that meets your trading needs and preferences.

bold prime

Bold Prime

Bold Prime was founded by several teams of experts in multiple sectors of the financial services industry who came together in collaboration to create an amalgamation of all the features,…
2020
Saint Vincent and the Grenadines
SVG FSA, International Business Companies
ECN
$15
1:2000
MT5, MT4
Doo Prime Review Doo Prime, an online Forex and CFD trading company headquartered in the Cayman Islands, is a part of the Doo Group company. The company offers clients access…
2014
Vanuatu
Regulated by the SEC and FINRA in the U.S., the FCA in the UK, the ASIC in Australia, the FSA in Seychelles, the FSC in Mauritius, and the FSC in Vanuatu.
ECN/STP
$0
1:1000
MT4, MT5, Doo Prime InTrad, TradingView
trive

Trive Invest

Trive Investment B.V. delivers investment services through its investment platform. It has wholly owned subsidiaries spanning the globe from the United States to Europe, Africa, the Middle East, Indonesia, Australia,…
2023
British Virgin Islands
BVI FSC Regulated
ECN
$0
1:2000
MT4, MT5
xtrend speed

XTrend Speed

Exploring XTrend Speed, a Multi-Asset Trading Provider. If you’re in the market for trading in forex, indices, commodities, stocks and cryptocurrencies, then XTrend Speed might be the right choice for…
2016
South Africa
XTrend Speed is regulated by FSCA. The FSP license number is 23497.
ECN
$5
1:300
MT5, Proprietary
FXGT is a new breed of Forex broker. FXGT is the upshot of the digital transformation of currency markets and the widespread adoption of cryptocurrencies. We offer traders the stability…
2019
Seychelles
Financial Sector Conduct Authority (South Africa), Financial Services Authority (Seychelles), License number SD019
ECN/STP, Market Maker
$5
1:1000
MT4, MT5, Web, Mobile
Tickmill is a trading name of Tickmill Ltd, a member of Tickmill Group, which is regulated by the Seychelles Financial Services Authority (FSA). With a proven track record of strong…
2014
Seychelles
FSA, FSC, CySEC, Labuan FSA, FSCA, FCA, BaFin, CONSOB, ACPR & CNMV
DMA, ECN
100
1:500
MT4, MT5 & Web Trader
fbs markets

FBS Markets

FBS Markets is an authorized provider of online foreign exchange trading services. Being an ECN/STP broker, it provides its clients with a wide range of services and competitive trading environment….
2009
Belize
IFSC, license IFSC/000102/310
ECN
$5
1:3000
MT4, MT5
AvaTrade has been an innovative pioneer in online trading since 2006. The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of…
2006
Ireland
Central Bank of Ireland, ASIC, FSA, FSCA
ECN
100
1:1000
AvaTradeGo, AvaOption, MT4, MT5

HF Markets (HotForex)

HF Markets (HotForex.com) is a broker owned by the HF Markets Group, offers a wide variety of account types, and has the widest selection of trading assets and high-quality software….
2011
CySEC, FCA, DFSA, FSCA, FSA
ECN
$5
1:1000
MT4, MT5
cmc markets

CMC Markets

Since launching in 1989, CMC Markets become one of the world’s leading CFD and spread betting providers. Among the pioneers of the industry and with 30 years’ experience, you can…
1989
London
FCA 173730 and 170627, BaFin Reg 154814
ECN
0
1:500
MetaTrader 4, Next Generation Platform

MetaTrader 4 (MT4) is a popular electronic trading platform widely used by online forex traders. It was developed by MetaQuotes Software and was released in 2005. Since then, it has become one of the most widely used trading platforms in the forex industry due to its user-friendly interface, comprehensive charting and analysis tools, and the ability to automate trading through the use of expert advisors (EAs).

MT4 provides traders with real-time access to the forex market and allows them to analyze and trade financial instruments, including forex, commodities, and CFDs. The platform offers a range of technical analysis tools, including charting and indicators, that enable traders to analyze price movements and identify potential trading opportunities. In addition, MT4 allows traders to customize their trading experience through the use of custom indicators and automated trading strategies.

Whether or not to use MetaTrader 4 (MT4) depends on your specific trading needs and preferences. However, there are several factors to consider that may make MT4 a suitable choice for many traders.

Firstly, MT4 is a widely used and respected trading platform in the forex industry. This means that there is a vast amount of resources, including tutorials, guides, and indicators, available to traders who use MT4. Additionally, MT4 is supported by many brokers, making it easy to find a broker that offers the platform.

Secondly, MT4 offers a range of charting and analysis tools that enable traders to analyze price movements and identify potential trading opportunities. These tools are customizable, so traders can tailor them to their individual trading strategies and preferences.

Thirdly, MT4 supports the use of expert advisors (EAs), which are automated trading strategies that can execute trades on behalf of the trader. This can be particularly useful for traders who prefer a more hands-off approach to trading.

Lastly, MT4 has a user-friendly interface that is easy to navigate, even for novice traders. The platform is also customizable, so traders can personalize their trading experience to suit their needs.

However, it is important to note that there are other trading platforms available that may better suit your specific trading needs and preferences. It is always a good idea to research and compare different trading platforms before deciding which one to use.

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