Best MetaTrader (MT4) Forex Brokers in 2024

MetaTrader forex brokers with the MT4 trading platform, comparison table. Check out our list with the recommended brokers in 2024, sorted by industry experts overall rating. Compare how verified users, with a live account, rate each broker for its trading conditions.

What are MT4 brokers?

Online brokers offering the MetaTrader 4 (MT4) trading platform, are considered MT4 brokers. MT4 is the proprietary trading software developed by the MetaQuotes Software Corp. in early 2005.

The MT4 is an electronic trading platform widely used by online retail forex traders. Due to its early popularity with retail traders, the software was adopted by most retail forex brokers, who provide the software to their clients. And until today, the MT4 remains the most popular trading platform with retail traders.

Why trade with an MT4 broker?

There are multiple advantages regarding trading with an MT4 broker. The MetaTrader 4 platform is designed for forex and futures trading. With the MT4 platform, traders can also analyse the financial markets with 30 built-in technical indicators.

Another particular reason is that the MT4 platform also allows performing advanced trading operations. In fact, with the MT4 traders and investors have multiple order types, including Market Execution (buy/sell at market price), 4 pending (buy/sell limit and buy/sell stop), Stop Loss and Take Profit and a trailing stop function.

But the best feature of this popular trading platform is, probably, its capability of running automated trading robots (Expert Advisors) and copying deals of other traders. EAs can be programmed in the MQL4 IDE development environment, to help traders create, test and optimize trading robots. MT4 EAs can execute trading operations, relieving traders from routine trading and market analysis.

Find the best MetaTrader (MT4) broker with our list

Use our MetaTrader forex brokers with the MT4 platform list to compare several companies and to find out how our industry experts rate them. Compare the overall rating and how verified traders rate each broker for its trading conditions.

Confirm the minimum deposit required to open a live account and the maximum leverage available with each broker. Compare the accepted funding methods, the account currencies and which brokers have Cent and PAMM accounts available. Check out if the broker also has the MT4 available for mobile devices and the asset classes (forex, cryptocurrencies, indices, stocks, etc.) available for trading.

Reputable MetaTrader forex brokers to help you succeed in your online trading career.