MetaTrader 4

MetaTrader 4 (MT4) is the industry’s leading trading software, offered by most top brokers. In this user guide, you’ll find the basics of MetaTrader 4 explained as well as a tutorial on how to use the online platform. For those looking to troubleshoot issues, we’ve also detailed the system requirements for Mac and PC users as well as customer support options.

MetaTrader 4 Brokers

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Found 158 Brokers
Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
Demo Account
Yes
Regulated By
CBoI, ASIC, FSB
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
$1
Bonus
None
Pepperstone offers spread betting andCFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms.
Demo Account
Yes
Regulated By
FCA, ASIC, SCB, DFSA, CMA, BaFin
MT4 Integration
Yes
Min. Deposit
£200 / $200
Min. Trade
0.01 Lots
Bonus
None
Trade Forex on 0.0 pip spreads with the world's leading True ECN forex broker - IC Markets.
Demo Account
Yes
Regulated By
ASIC, CySec, FSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 Lots
Bonus
None
Forex.com boast a global reputation. Regulated in the UK, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
Demo Account
Yes
Regulated By
NFA, CFTC, FCA, FSA, IIROC and CIMA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
$1
Bonus
None
XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
Demo Account
Yes
Regulated By
IFSC, CySec, ASIC
MT4 Integration
Yes
Min. Deposit
5 $/€/£
Min. Trade
0.01 Micro lots
Bonus
None
Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.
Demo Account
Yes
Regulated By
CySec, FCA, SCB
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 Lots
Bonus
None
XTB is one of the largest stock exchange-listed FX & CFD brokers in the world, offering access to over 2000 instruments from two platforms: its own award-winning xStation 5 and the traditional MT4.
Demo Account
Yes
Regulated By
FCA, CySEC, IFSC, KNF
MT4 Integration
Yes
Min. Deposit
No Minimum
Min. Trade
0.01 Lots
Bonus
None
Markets.com offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies.
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC, FSCA, FSC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Global brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features.
Demo Account
Yes
Regulated By
FCA, CFTC, ASIC
MT4 Integration
Yes
Min. Deposit
$0
Min. Trade
$0
Bonus
None
CMC Markets is headquartered in London and listed on the LSE. They offer competitive spreads on a global range of assets.
Demo Account
Yes
Regulated By
FCA, ASIC, IIROC, MAS
MT4 Integration
Yes
Min. Deposit
£ 0
Min. Trade
0.01 Lots
Bonus
None
FXTM Are leading forex and CFD brokers. Offering a huge range of markets, and 6 account types, they cater to all level of trader.
Demo Account
Yes
Regulated By
CySec, FCA and FSC of the Republic of Mauritius
MT4 Integration
Yes
Min. Deposit
From $10
Min. Trade
0.01 Lots
Bonus
None
NinjaTrader offer Traders Futures and Forex trading. Use Auto-trade algorithmic strategies and configure your own trading platform, and trade at the lowest costs.
Demo Account
Yes
Regulated By
NFA, CFTC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
Varies by asset
Bonus
None
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
£250
Min. Trade
£1
Bonus
None
UFX are forex trading specialists but also have a number of popular stocks and commodities. Offering tight spreads and one of the best ranges of major and minor pairs on offer, they are a great option for forex traders.
Demo Account
Yes
Regulated By
CySec
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
$1
Bonus
None
DeltaStock is a multi-asset online broker offering desktop & mobile trading tools.
Demo Account
Yes
Regulated By
FSC (Bulgaria)
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Binary.com are the established pioneers of binary options. The choice of the advanced trader, Binary.com offer the greatest flexibility of any binary broker. They also offer Forex and CFD via the MT5 platform.
Demo Account
Yes
Regulated By
MGA
MT4 Integration
Yes
Min. Deposit
$5
Min. Trade
$1
Bonus
None
Ayondo offer trading across a huge range of markets and assets. They also offer negative balance protection and social trading.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
£1
Min. Trade
£1
Bonus
None
Land FX is a trusted global FX & CFD trading broker offering the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
FCA, FSA
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
None
Alvexo is a CySEC-regulated MT4 forex & CFD broker.
Demo Account
Yes
Regulated By
CySEC, FSA
MT4 Integration
Yes
Min. Deposit
500 EUR/USD
Min. Trade
0.01 lots
Bonus
None
AAAFx offers automated and copy platforms for forex and CFD trading.
Demo Account
Yes
Regulated By
HCMC (Greece), FSA (St Vincent & Grenadines)
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
None
Valutrades is a leading MetaTrader forex & CFD broker.
Demo Account
Yes
Regulated By
FCA, FSA
MT4 Integration
Yes
Min. Deposit
None
Min. Trade
0.01 lots
Bonus
None
GKFX is an MT4 trading broker offering a suite of financial instruments & tools.
Demo Account
Yes
Regulated By
MFSA
MT4 Integration
Yes
Min. Deposit
€100
Min. Trade
0.01 lots
Bonus
None
Trade on the financial markets with low cost, leveraged products at HYCM.
Demo Account
Yes
Regulated By
FCA, DFSA, CIMA, CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
IronFX offers online trading in forex, stocks, futures, commodities and cryptocurrencies
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC, FSB
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Admiral Markets is leading Forex and CFD broker offering the MT4 & MT5 platforms
Demo Account
Yes
Regulated By
FCA, CySEC, ASIC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Libertex - Trade Online. Libertex offer CFD and Forex trading, with fixed commissions and no hidden costs.
Demo Account
Yes
Regulated By
CySec
MT4 Integration
Yes
Min. Deposit
€100
Min. Trade
€20
Bonus
None
NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10.
Demo Account
Yes
Regulated By
VFSC, CySec
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
$1
Bonus
None
AGEA is a regulated forex & CFD broker offering multiple trading platforms and account types.
Demo Account
Yes
Regulated By
Commission for Capital Markets
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
None
Eightcap is a multi-regulated FX & CFD broker offering the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
ASIC, VFSC
MT4 Integration
Yes
Min. Deposit
A$100
Min. Trade
0.01 lots
Bonus
None
ForexTB is a leading online broker in Forex and CFD trading
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Equiti is a global forex & CFD broker offering a proprietary webtrader platform & MT4.
Demo Account
Yes
Regulated By
FCA, JSC, DMCC, SCA, CMA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
FXFlat offers several asset classes on the MetaTrader 4 & MetaTrader 5 platforms.
Demo Account
Yes
Regulated By
BaFin
MT4 Integration
Yes
Min. Deposit
€200
Min. Trade
0.01 lots
Bonus
None
Squared Financial is a CySEC-regulated forex & CFD broker
Demo Account
Yes
Regulated By
CySEC, FSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Tier1FX is a regulated CFD and forex trading broker.
Demo Account
Yes
Regulated By
MFSA
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Bonus
None
Varianse is an online broker offering unique instruments and powerful analysis tools.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Fortrade is a multi-asset broker offering a simple live account with advanced tools.
Demo Account
Yes
Regulated By
FCA, ASIC, CySEC, NBRB, IIROC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
ICM Brokers is a regulated MT4 broker offering online trading in forex & CFDs.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
None
FortFS is a multi-asset trading broker offering a range of tools & resources.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$5
Min. Trade
0.01 lots
Bonus
None
Grand Capital is an MT4 retail trading broker offering multiple bonuses.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Bonus
None
FP Markets is a multi-asset broker offering a choice of trading platforms.
Demo Account
Yes
Regulated By
ASIC, CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
LiteForex Investments Limited is a regulated Forex & CFD broker offering the MT4 & MT5 trading platforms.
Demo Account
Yes
Regulated By
Marshall Islands
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
JP Markets is an award-winning South African Forex and CFD broker.
Demo Account
Yes
Regulated By
FSB
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
Hirose is a regulated and dedicated forex and binary options trading broker.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$20
Min. Trade
0.01 lots
Bonus
None
FXCC is a highly regulated and trustworthy MT4 trading broker.
Demo Account
Yes
Regulated By
CySEC, FCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
FXOpen is a highly regulated FX & CFD broker offering multiple trading platforms.
Demo Account
Yes
Regulated By
FCA, ASIC
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
None
Hantec Markets is an online FX broker offering MT4 & trading competitions.
Demo Account
Yes
Regulated By
FCA, ASIC, FSC, FMA, FSA, CGSE, JSC
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Dukascopy is a Swiss-based forex, CFD, and binary options broker
Demo Account
Yes
Regulated By
FINMA, FCMC, JFSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
ETX Capital are a London based, FCA regulated broker offering tight spreads across a wide range of markets. They offer professional client services to Pro clients. ETX are offering a FREE trading course to new clients, and free guaranteed stops on the TraderPro platform.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
£250
Min. Trade
£1
Bonus
None
Skilling are an exciting new brand, regulated in Europe and beyond, with a bespoke browser based platform, allowing seamless low cost trading across devices.
Demo Account
Yes
Regulated By
CySec, FSA
MT4 Integration
Yes
Min. Deposit
100 £/€/$ or 1000 NOK, SEK
Min. Trade
0.01 Lots or 1 Share
Bonus
None
Alpari offer forex and CFD trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
Demo Account
Yes
Regulated By
FSC of Maritius
MT4 Integration
Yes
Min. Deposit
From $/£/€ 5
Min. Trade
0.01 Lots
Bonus
None
Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
Demo Account
Yes
Regulated By
FCA, ASIC, FMA
MT4 Integration
Yes
Min. Deposit
0 $/€/£
Min. Trade
0.01 Lots
Bonus
None
Fusion Markets are delivering low cost forex and CFD trading via low spreads and trading costs. Their message is - Stop paying too much to trade
Demo Account
Yes
Regulated By
ASIC
MT4 Integration
Yes
Min. Deposit
No Minimum
Min. Trade
0.01 Lots
Bonus
None
easyMarkets.com - Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker
Demo Account
Yes
Regulated By
CySec
MT4 Integration
Yes
Min. Deposit
€100
Min. Trade
Varies by asset
Bonus
None
FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
£300
Min. Trade
Varies by asset
Bonus
None
Vantage FX are a Raw ECN Forex broker, regulated by ASIC is Australia. Boasting MT4, MT5 and Webtrader platforms, a range of account types and a deposit bonus of up to 50%
Demo Account
Yes
Regulated By
ASIC, FCA, CIMA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 Lots
Bonus
None
GO Markets is an ASIC-regulated FX & CFD broker.
Demo Account
Yes
Regulated By
ASIC
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
A regulated bank, Saxobank offer CFD, Stocks and Forex trading on 35,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
Demo Account
Yes
Regulated By
Danish FSA, FCA and Others
MT4 Integration
Yes
Min. Deposit
£500
Min. Trade
Vary by asset
Bonus
None
Established spread betting, forex and CFD broker with over 30 years in the business. Regulated around the globe.
Demo Account
Yes
Regulated By
ASIC,FCA
MT4 Integration
Yes
Min. Deposit
£/$100
Min. Trade
0.01 Lots
Bonus
None
ThinkMarkets is a multi-regulated forex and CFD broker
Demo Account
Yes
Regulated By
FCA, ASIC, FSCA
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.
Demo Account
Yes
Regulated By
CySec
MT4 Integration
Yes
Min. Deposit
€1 to €1000 (Account choice dependent)
Min. Trade
0.01 Lots
Bonus
None
Noble Trading is an FX & CFD broker offering multiple deposit & payment options.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Infinox is a UK-based broker offering MT4 trading with tight spreads.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
£1
Min. Trade
0.01 lots
Bonus
None
TusarFX is a MT4 multi-asset broker offering bonuses & high leverage rates.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
None
FXPIG is a straight-talking forex, indices & commodities broker offering tight spreads.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
TradeTime is an FX broker also offering trading in stocks, commodities, & Bitcoin.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
TrioMarkets is a CySEC-regulated online ECN trading broker.
Demo Account
Yes
Regulated By
CySEC, FSC (Mauritius)
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
GCI offers online trading in 300+ tradable assets with up to 1:400 leverage.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Finexo is a multi-asset online broker regulated by the CySEC.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
HQBroker is a no-frills forex broker offering easy-access live trading accounts.
Demo Account
No
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Tickmill is FCA & CySEC regulated and offers trading in CFDs, FX and commodities.
Demo Account
Yes
Regulated By
FCA, CySEC, FSA, LFSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
1 EUR/USD
Min. Trade
0.01 lots
Bonus
None
FxNet is an online forex broker regulated by the IFSC and offering the MT4 platform.
Demo Account
Yes
Regulated By
IFSC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
101investing.com is a CFD broker providing access to a range of financial markets.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
ROInvesting is an online CFD broker regulated by the CySEC.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Zero Markets is a multi-asset online trading broker offering ultra low spreads.
Demo Account
Yes
Regulated By
ASIC
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
Juno Markets is a regulated forex broker offering the MT4 trading platform.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
EZ Invest is a CySEC-licensed broker offering trading on the financial markets.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
TP Global FX offers a long list of popular financial assets with spreads from 0.1 pips.
Demo Account
Yes
Regulated By
SVG FSA, NFA, CAMA Nigeria
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
NicoFX facilitates trading in forex and precious metals under CySEC regulation.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
BlackBull Markets offers forex and CFD trading on the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
FMA, FSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
Zulutrade provide multiple automation and copy trading options across forex, indices, stocks, cryptocurrency and commodities markets
Demo Account
Yes
Regulated By
HCMC
MT4 Integration
Yes
Min. Deposit
$1 to $300 (Broker choice dependent)
Min. Trade
$1
Bonus
None
Amana Capital is a leading retail broker offering deposit bonuses and MT4 trading.
Demo Account
Yes
Regulated By
FCA, DFSA, CySEC, CMA, LFSA, FSC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
EverFX is an online broker offering trading in forex, stocks, cryptos and commodities.
Demo Account
Yes
Regulated By
CySEC, FSA, CIMA
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
AETOS offers trading on the MT4 & MT5 platforms with a deposit joining bonus.
Demo Account
Yes
Regulated By
FCA, ASIC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
ArgusFX is a Cyprus-based broker offering MT4 trading from a sleek client portal.
Demo Account
No
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
4xCube is a MetaTrader forex broker registered and licensed in the Cook Islands.
Demo Account
Yes
Regulated By
FSC Cook Islands
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Bonus
None
CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.
Demo Account
Yes
Regulated By
MAS
MT4 Integration
Yes
Min. Deposit
100 SGD
Min. Trade
0.01 lots
Bonus
None
ADSS is a regulated forex broker offering $100 minimum deposits & 1:500 leverage.
Demo Account
Yes
Regulated By
Central Bank of the UAE, FCA, SFC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Mitto Markets offers multi-asset trading across a range of competitive instruments.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None
WH SelfInvest facilitates multi-asset trading through web & downloadable platforms.
Demo Account
Yes
Regulated By
BaFin, CSSF, FSMA, AFM
MT4 Integration
Yes
Min. Deposit
€500
Min. Trade
0.01 lots
Bonus
None
Weltrade is an established online broker providing tight spreads & powerful tools.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$25
Min. Trade
0.01 lots
Bonus
None
Windsor Brokers offers MT4 trading on forex, stocks, commodities and more.
Demo Account
Yes
Regulated By
CySEC (Cyprus), IFSC (Belize), JSC (Jordan)
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Bulbrokers EAD offers FX & CFD trading on a choice of leading online platforms.
Demo Account
Yes
Regulated By
FSC, FCA, CNVM
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Atiora offers forex & CFD trading with easy-access $1 minimum deposit accounts.
Demo Account
Yes
Regulated By
VFSC
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
None
BP Prime offers MT4 trading with fast executions and a mobile app solution.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$5,000
Min. Trade
0.01 lots
Bonus
None
PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.
Demo Account
Yes
Regulated By
FSA
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.0001 lots
Bonus
None
Just2Trade offer hitech trading on stocks and options with some of the lowest prices in the industry
Demo Account
Yes
Regulated By
FINRA, SIPC, NFA
MT4 Integration
Yes
Min. Deposit
£2500
Min. Trade
1 contract
Bonus
None
Khwezi Trade is an online broker offering four live MT4 trading accounts.
Demo Account
Yes
Regulated By
FSCA
MT4 Integration
Yes
Min. Deposit
R 2,000
Min. Trade
0.01 lots
Bonus
None
ICM Capitals offers ultra-low spreads on FX, CFDs and futures via the MT4 platform.
Demo Account
Yes
Regulated By
FCA, SVGFSA
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
NSFX delivers tight spreads across FX and CFDs on the JForex & MT4 platforms.
Demo Account
Yes
Regulated By
MFSA
MT4 Integration
Yes
Min. Deposit
$300
Min. Trade
0.01 lots
Bonus
None
M4Markets is a forex broker offering deposit bonuses with MT4 & MT5 tools.
Demo Account
Yes
Regulated By
Financial Services Authority (FSA)
MT4 Integration
Yes
Min. Deposit
$5
Min. Trade
0.01 lots
Bonus
None
Zenfinex is a UK-headquartered broker offering social trading, low fees and MT4.
Demo Account
Yes
Regulated By
FCA, SVGFSA
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
MultiBank FX is a regulated forex and CFD broker offering sign-up deposit bonuses, tight spreads and MT4 trading.
Demo Account
Yes
Regulated By
ASIC, BaFin, FMA, CNMV, DFSA, FSC, CIMA
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.1 lots
Bonus
None
JFD Bank offers comprehensive trading services, complete with MT4 and MT5 platforms and a range of products.
Demo Account
Yes
Regulated By
CySEC, VFSC, BaFin 
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Tradeview is based in the Cayman Islands and offers four leading trading platforms and 100+ financial instruments.
Demo Account
Yes
Regulated By
CIMA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Lebanese Dealers Corporation (LDC) offers online trading in forex and CFDs across a choice of platforms.
Demo Account
Yes
Regulated By
Central Bank of Lebanon
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Global Prime is a multi-regulated trading broker offering 100+ markets.
Demo Account
Yes
Regulated By
ASIC, VFSC, FSA
MT4 Integration
Yes
Min. Deposit
AUD $200
Min. Trade
0.01 lots
Bonus
None
London Capital Group provide trading on 7000+ markets over 9 asset classes. Spreads are competitive but active traders may have better broker options elsewhere.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
0 $/€/£
Min. Trade
Lots vary by asset
Bonus
None
NBH Markets offers 60+ assets with floating spreads and a suite of tools.
Demo Account
Yes
Regulated By
St. Vincent and the Grenadines FSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
IFC Markets is a top broker offering the bespoke NetTradeX plus MT4 & MT5.
Demo Account
Yes
Regulated By
BVI FSC, Labuan Financial Services Authority
MT4 Integration
Yes
Min. Deposit
1 USD / 1 EUR / 100 JPY
Min. Trade
0.01 lots
Bonus
None
Stratton Markets offers leveraged online trading on its Trader platform & MT4.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
£250
Min. Trade
0.01 lots
Bonus
None
Smart Prime FX is an offshore broker offering live, MAM and PAMM accounts.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$25,000
Min. Trade
0.01 lots
Bonus
None
Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions.
Demo Account
Yes
Regulated By
FCA, ASIC, FSCA and SCB
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.1 lots
Bonus
None
Trade Pro Futures offers trading across futures & forex assets on multiple platforms.
Demo Account
Yes
Regulated By
NFA
MT4 Integration
Yes
Min. Deposit
$2,500
Min. Trade
0.01 lots
Bonus
None
Trade.com offers thousands of tradable assets on desktop and mobile platforms.
Demo Account
Yes
Regulated By
FCA, CySEC, FSCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Blackwell Global offers seamless online trading in forex, stocks & cryptos.
Demo Account
Yes
Regulated By
FCA, CySEC
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Key To Markets is an FCA-regulated online trading broker offering a variety of account types, including social PAMMs.
Demo Account
Yes
Regulated By
FCA, FSA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
FXGiants is a top trading provider, offering a breadth of assets on the MT4 platform.
Demo Account
Yes
Regulated By
FCA & ASIC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
FCMarket offers forex, stocks and commodities trading on a choice of live accounts.
Demo Account
Yes
Regulated By
SVG FSA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
AMarkets offers a suite of tools and trading products on the MT4 & MT5 platforms.
Demo Account
Yes
Regulated By
FSA SVG
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
CPT Markets offers CFDs, futures and options trading on the MT4 platform. 
Demo Account
Yes
Regulated By
FCA, IFSC (Belize)
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Choose from a multitude of trading platforms and instruments at Intertrader.
Demo Account
Yes
Regulated By
Gibraltar Financial Services Commission & Limited Regulation under the FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
House of Borse offers trading in over 200 financial instruments on MT4 and MT5.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$5,000
Min. Trade
0.01 lots
Bonus
None
Global Market Index offers multiple asset classes on five powerful trading platforms.
Demo Account
Yes
Regulated By
FCA, VFSC
MT4 Integration
Yes
Min. Deposit
$2,000
Min. Trade
0.01 lots
Bonus
None
FXTrading offers online forex, stocks, commodities and crypto financial markets.
Demo Account
Yes
Regulated By
ASIC, VFSC
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
Trade the markets with MT4 trading tools alongside CySEC regulation.
Demo Account
Yes
Regulated By
CYSEC, VFSC, FSCA
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Orbex is a trusted forex broker offering several accounts & the MT4 platform.
Demo Account
Yes
Regulated By
CySEC, BaFin, FSC (Mauritius)
MT4 Integration
Yes
Min. Deposit
$200
Min. Trade
0.01 lots
Bonus
None
FIBO Group is a dual-licensed forex broker offering multiple trading platforms.
Demo Account
Yes
Regulated By
CySEC, FSC BVI
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Colmex Pro is a top retail trading provider offering competitive pricing.
Demo Account
Yes
Regulated By
CySEC, FSCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
Trade a range of products on the MetaTrader platforms at DMM FX.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
Undisclosed
Min. Trade
0.01 lots
Bonus
None
FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.
Demo Account
Yes
Regulated By
IFSC
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
CIX Markets is an FCA-regulated online trading broker offering powerful tools.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.1 lots
Bonus
None
Trade on the financial markets with the latest technology at City Credit Capital.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.
Demo Account
Yes
Regulated By
CySEC, IFSC
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
None
FXDD offers online trading in six major asset classes on the MT4, MT5 and WebTrader platforms.
Demo Account
Yes
Regulated By
Malta Financial Services Authority (MFSA), Mauritius Financial Services Commission (MFSC)
MT4 Integration
Yes
Min. Deposit
$/£1
Min. Trade
0.01 lots
Bonus
None
Start trading forex and CFD products on the MetaTrader 4 platform at Finotrade.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Bonus
None
FxGlory offers leveraged trading in forex and commodities through the MT4 desktop and mobile platform.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$1
Min. Trade
0.01 lots
Bonus
None
Trade12 offers multi-asset trading with tiered account levels to suit different needs.
Demo Account
No
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
RoboForex is a multi-asset online broker offering powerful trading aides.
Demo Account
Yes
Regulated By
IFSC
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Bonus
None
DirectFX is an offshore online forex broker offering MT4 trading.
Demo Account
No
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
Trade Q8 is an online broker in the MENA region offering forex & multi-asset trading.
Demo Account
Yes
Regulated By
FSA (Seychelles)
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
None
Min. Trade
0.01 lots
Bonus
None
LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
$20
Min. Trade
0.01 lots
Bonus
None
TIO Markets offers 120 instruments, MetaTrader platforms & PAMM accounts.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.
Demo Account
Yes
Regulated By
ASIC, VFSC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
Swissquote is an FCA-regulated FX & CFD broker offering 160+ trading products.
Demo Account
Yes
Regulated By
FCA, FINMA
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Bonus
None
With multiple trading products and an advanced suite of analysis tools, Darwinex is an excellent online broker.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$500
Min. Trade
0.01 lots
Bonus
None
LiteForex Europe is an FX and CFD broker offering sophisticated trading tools.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
$50
Min. Trade
0.01 lots
Bonus
None
EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.
Demo Account
Yes
Regulated By
Unregulated
MT4 Integration
Yes
Min. Deposit
$10
Min. Trade
0.01 lots
Bonus
None
Trade FX, stocks, cryptos and commodities with powerful trading tools at eXcentral.
Demo Account
No
Regulated By
CySEC, FSCA
MT4 Integration
Yes
Min. Deposit
$250
Min. Trade
0.01 lots
Bonus
None
SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
Demo Account
Yes
Regulated By
None
MT4 Integration
Yes
Min. Deposit
None
Min. Trade
0.01 lots
Bonus
None
Capital Index is a spread betting, FX & CFD provider offering reasonable trading fees.
Demo Account
Yes
Regulated By
FCA, ASIC, SCB
MT4 Integration
Yes
Min. Deposit
$100
Min. Trade
0.01 lots
Bonus
None
TeleTrade offers ECN accounts with tight spreads & powerful trading platforms.
Demo Account
Yes
Regulated By
CySEC
MT4 Integration
Yes
Min. Deposit
100 EUR/USD
Min. Trade
0.01 lots
Bonus
None
Trade stocks, forex and commodities on the CrescoFX platform & MT4 app.
Demo Account
Yes
Regulated By
FCA
MT4 Integration
Yes
Min. Deposit
$1,000
Min. Trade
0.01 lots
Bonus
None
Forex4you offers retail trading on a choice of top trading platforms.
Demo Account
Yes
Regulated By
BVI FSC
MT4 Integration
Yes
Min. Deposit
No minimum
Min. Trade
0.01 lots
Bonus
None

Due to its popularity, many of the best brokers offer MetaTrader 4, often alongside proprietary software.

Each broker will have their own spreads, fees and commission system. Regulated UK brokers offer free negative balance protection and limits on margin and leverage levels. MetaTrader 4 time zones are also set by the broker, meaning there are differences between the functionality of MT4 across brokers. But, with the MultiTerminal functionality, you can hold accounts with multiple firms.

As a guide, see a list of the best MT4 brokers. Most offer web and mobile downloads on Android and iOS.

What Is MetaTrader 4?

MT4 was developed in 2005 by MetaQuotes. The platform primarily facilitates forex trading, but investing is also available on a range of other markets, including Bitcoin (BTC), Ripple (XRP) and other cryptos. The software is licensed to brokers who typically offer it to clients at no cost.

MetaTrader 4 trading platformMetaTrader 4 trading platform

How To Get Started With MetaTrader 4

Learning how to trade on MetaTrader 4 can seem daunting. Fortunately, we’ve compiled a few top tips for getting started.

Firstly, register for an account with an online broker who will provide you with MetaTrader 4 login credentials. A link to install the MT4.exe file is available directly from broker websites. You can also download the free zip from MetaQuotes. Alternatively, visit the MT4 web trader site.

Open the platform and login with the details provided by your broker. It’s recommended you start with a MetaTrader 4 demo account to practice how to trade before you make real investments on a live account.

System Requirements

MetaTrader 4 is suitable for download on Macbook, PC and Linux computers. However, some technical indicators are specifically designed for Windows, so the download of additional software such as Wine or Parallels is required to enable these functions.

MT4 is suitable for Windows 7 and 8 32-bit devices but the developers at MetaQuotes recommend a minimum of 64-bit processing speed and a Windows 10 software download where possible. Mac and Windows traders have been known to link their Raspberry Pi 3 to MT4. The platform is no longer available on Windows Vista or XP. MetaQuotes explained this move was to protect customers from vulnerabilities resulting from outdated software.

The MT4 4 app works for both Android APK (including Chromebook) and Apple devices such as iPhone and iPad. It is also compatible with Windows Phone 8.1, but reviews suggest functionality is limited and issues are frequent. App tutorials are available on many MT4 community forums.

How To Execute A Trade

The MT4 platform can seem intimidating at first, so we’d recommend you start on a demo account before trading with real money.

  • From the MetaTrader 4 toolbar, click ‘New Order’ and then select your currency pair
  • Select your order type: either ‘Market Execution’ or ‘Pending order’
  • Input your position size in the volume field. In forex, 1 lot is equal to 100,000 units of the base currency, meaning 1000 GBP would be 0.01 lots
  • Add any notes or comments. This functionality is great for those keeping a trading journal
  • Click BUY or SELL
  • You’ll then receive notification that your trade has been executed
MetaTrader 4 instant order

MetaTrader 4 instant order

If you selected pending order as your order type, you’ll have the option to choose:

  • Buy or Sell Limit – An order to buy or sell at a set price or lower
  • Buy Stop or Sell Stop – An order that will not execute until it reaches a certain price
MetaTrader 4 pending orders

MetaTrader 4 pending orders

Then, enter your position size, stop loss and take profit levels. Set an expiry date on your pending order to help you manage your open positions. Click ‘Place Order’ to submit.

How To Edit A Position

To edit a stop loss or take profit level, right-click on the position and select ‘Modify or Delete Order’. Edit as required and hit ‘Modify’.

Modify order in MetaTrader 4

Modify order in MetaTrader 4

To create a trailing stop, right-click on your position and select the number of points you would like to apply. To remove the trailing stop, right-click again and select ‘None’.

To close a position entirely, right-click and select ‘Close Order’, then click the yellow button.

Keyboard Shortcuts Explained

MT4 has a few keyboard shortcuts that make it easier to navigate, these include:

  • New Order – F9
  • MT4 User Guide – F1
  • Launch MetaEditor for indicators and Expert Advisors – F4
  • Full-Screen Mode – F11
  • Activate/deactivate EA – Ctrl+E
  • Enable Crosshair – Ctrl+F

MT4 Trading Charts

Chart functionality is a highly praised feature on MetaTrader 4. All the charts are customisable. You can change the colours for entry-level and stop-loss lines and even select your own background colour.

You can easily change the timeframes of the charts by clicking through the default options.

  • M = minute (i.e M5 means five minutes)
  • H = hour (i.e H1 means one hour)
  • D = day (i.e D1 means one day)
  • MN = month (i.e MN2 means two months)
MetaTrader 4 charts

MetaTrader 4 charts

But, you don’t have to stick to those available. Timeframes are also customisable so you can create a 3 minute, 10 minute or 8 hour chart if required.

If there’s functionality you believe would improve usability, it’s likely someone has created a Java API add-on for this. Search the MetaTrader 4 community for pips calculators, candle time and spread indicators.

Expert Advisors

MT4 has an extensive Codebase where you can buy and sell Expert Advisors to help with your trading strategy. An Expert Advisor, or EA, is an automated trading robot. They use algorithms that look at signals in historical and real-time data that execute trades according to a pre-determined logic. You can create your own EA on MT4, but to do so, you’ll need to use a programming language such as Python. EAs are similar to copy trading where you mirror successful trader positions automatically.

MetaTrader 4 automated trading

MetaTrader 4 automated trading

It’s important you exercise caution if you want to buy an off-the-shelf EA. Since trades will execute automatically, it’s crucial you have evidence of thorough backtesting and historical profitability or you could see your account emptied in a flash.

For your EA to work, you’ll also need to download a Virtual Private Server (VPS) to MetaTrader 4. The platform restricts trading to when you’re using it. A VPS enables trades to be executed even while you’re away. They also speed up execution, preventing slippage.

MT4 Indicators

Dozens of built-in indicators are offered. To add an indicator to your chart, go to ‘Insert’ and ‘Indicators’, you’ll then see a selection. But, being MetaTrader 4, these are highly customisable. You can even create your own from scratch if you need to. So, if you want a Zigzag, EMA, B-clock or Elliott Wave indicator, you’re not necessarily restricted by your broker’s default options.

MetaTrader 4 indicators

MetaTrader 4 indicators

MT4 Customer Support

Contact the MT4 Technical Support Centre for help with troubleshooting. If the platform keeps crashing, is frozen or just not working, start by closing the application and restarting your computer. If you’re still seeing glitches or it’s not loading, your laptop software may need updating.

MetaTrader 4 support forum

MetaTrader 4 support forum

Common problems with MetaTrader 4 include the ‘off quotes’ error message. This can occur if there are connectivity issues or the best price is not within the ‘maximum deviation’ parameters set.

The ‘invalid account’ error is usually due to incorrect login credentials. Check these notifications with your broker. It will keep saying this if you’re trying to access your account during weekends and holidays outside of market trading hours.

If you’re still having problems, try the ‘Contact Us’ page where an MT4 Manager can help with most questions.

Since MetaTrader 4 is one of the most popular trading platforms, the online community is vast. If there are widespread issues e.g a server is down, not responding or keeps freezing, the community will be talking about what is wrong through online forums. Often they’re a great source of troubleshooting and will be able to tell you if you cannot place an order because there are new plugins you must have, or you’re waiting for an update. Plus, there are hundreds of user guides and tutorial PDFs to explain everything from swaps to signals.

Platform Comparison

MetaTrader 4 vs MetaTrader 5

Both platforms are hugely popular in the forex trading community. They offer extensive customisation and analysis. However, there are marginal differences when you compare the two. For example, MT5 has eight more indicators and there are six types of pending orders vs MT4, plus the slick option to view your screen in dark mode.

But, the primary difference is that MetaTrader 4 was designed for forex traders, whilst MT5 was built to include trading on CFDs on commodities such as gold, stocks and futures. Contrary to popular belief, one is not an upgrade of the other. They have different purposes. Those keen to trade on the S&P 500 or US 30 will prefer MT5.

MetaTrader 4 vs MetaTrader 5

MetaTrader 4 vs MetaTrader 5

MetaTrader 4 vs TradingView

TradingView now offers real-time trading, making it a strong competitor for MetaTrader 4. In fact, MT4 is increasingly difficult to run on macOS with the new Catalina update. Therefore, Mac users often find TradingView a good alternative. Proponents love the 100 indicators vs the measly 30 on MT4. It’s also generally a fresher interface – with MT4 looking reasonably outdated these days. Of course, there’ll always be MT4 loyalists due to the extensive list of broker partnerships.

MetaTrader 4 vs TradingView

MetaTrader 4 vs TradingView

Proprietary Software

Many of the best brokers offer their own proprietary software as an option. But, when you compare the functionality on MetaTrader 4 vs its competitors, there’s no contest. For example, Trading 212 is great for those who trade stocks, but for the technical charting required for forex, MT4 takes the podium. XTB and ZuluTrade do not offer MT4 for traders.

Brokers such as IG, OANDA, and eToro also have their own downloadable software but tend to offer the MT4 platform alongside it because of its popularity. Other leading brokers that offer MT4 include FXPro, XM, AvaTrade, 24Option and Admiral Markets.

How To Withdraw Funds From MT4

To withdraw funds on MetaTrader 4, go to Money Operation within the Trader’s Room and click ‘Withdraw Funds’. Fill in the amount you’d like to request. Withdrawal times and fees vary between brokers. Note, you will get a ‘not enough money’ error if you do not have the account balance requested.

Final Word On MetaTrader 4

MetaTrader 4 can seen intimidating for new traders. But, with just a little training, you’ll be on course to start a career in forex. Many of the most popular brokers use the platform, so you’ll have no trouble finding one you’d like to work with. Executing trades, withdrawing funds and adding customisable indicators is easy. But, as forex trading popularity explodes, competitor platforms are emerging with increased default functionality and fresher charts.

FAQ

Is MetaTrader 4 Legit?

MetaTrader 4 is perhaps the most popular forex trading platform on the market. It is offered as an option for traders at over 750 brokers worldwide, even alongside proprietary software. However, traders should check that the broker they trade with is regulated. MetaQuotes, the developers behind MT4, do not necessarily endorse brokerages that own a licence to the software.

Can You Make Money On MetaTrader 4?

Yes, MetaTrader 4 is a platform that facilitates forex trading. Successful traders across the globe have learned how to utilise the software to make profitable trades. But upside is not guaranteed. Traders should be aware that extensive analysis and market knowledge is required.

What Are The Computer System Requirements For MetaTrader 4?

MetaTrader 4 was created for Windows PCs. However, Mac and Linux users can trade on the platform by downloading additional software such as Wine or Parallel.

Is MetaTrader 5 Better Than MetaTrader 4?

MetaTrader 4 continues to be the most popular trading platform for forex traders. However, MetaTrader 5 does have additional functionality, including more indicators, pending orders and customisation. MT5 is better suited for trading stocks, options and CFDs. Which is better is primarily down to trader preference.

How Do You Download MetaTrader 4?

MetaTrader 4 can be downloaded directly from your broker. Sign up to an account with your chosen brokerage. You’ll then receive MT4 login credentials. Load your account with funds or for newbies, activate a demo account and get trading.