Best MetaTrader 4 (MT4) Brokers In The UK 2025
Whether you’re a seasoned trader or just getting started, choosing the right MetaTrader 4 (MT4) broker can make or break your strategy.
With tight spreads, fast execution, and FCA regulation at the top of your checklist, we’ve done the heavy lifting to spotlight the best MT4 brokers that give UK investors an edge in the markets.
Top MetaTrader 4 Brokers
-
When we evaluated Pepperstone's MT4, execution was extremely swift with spreads starting at 0.1 pips, plus a $7 per lot commission on Razor accounts. The Smart Trader Tools plugin provided real benefits, including sentiment, mini-terminal, and trade management tools. EA automation operated seamlessly, and the mobile version replicated desktop performance in live trades.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
In our tests, FXCC's MT4 offered raw spreads from 0.1 pips on the ECN XL account with zero commission—perfect for traders. Execution was precise, and EA automation ran smoothly. Though the indicator set is basic, FXCC enhances value by integrating economic calendars and news feeds directly into the platform.
Instruments Regulator Platforms CFDs, Forex, Indices, Commodities, Crypto CySEC MT4, MT5 Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:500 -
When we assessed IC Markets’ MT4, execution speeds were among the swiftest, perfect for high-frequency tactics. Spreads on EUR/USD averaged 0.1 pips with a $7 commission per lot. With EA automation, VPS integration, and advanced tools such as Depth of Market, the platform excelled for dedicated algorithmic traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto ASIC, CySEC, FSA, CMA MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $200 0.01 Lots 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) -
Upon testing IC Trading’s MT4, the platform exhibited stable execution, with spreads averaging 1.5 pips on major pairs and no commission charges. EA automation functioned seamlessly. However, the indicator library was basic. The mobile MT4 version operated reliably, but offered fewer add-on tools and social trading features than some larger MT4 brokers.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures FSC MT4, MT5, cTrader, AutoChartist, TradingCentral Min. Deposit Min. Trade Leverage $200 0.01 Lots 1:500 -
During testing, Eightcap’s MT4 offered swift execution and spreads starting at 0.0 pips on the Raw account. The commission was $3.50 per side for each standard lot, with an all-in cost of roughly 0.76 pips. The platform supports micro lots and provides smooth EA automation. The mobile MT4 was fast, and Capitalise.ai integration allowed for algorithmic trading without coding.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities ASIC, FCA, CySEC, SCB MT4, MT5, TradingView Min. Deposit Min. Trade Leverage £100 0.01 Lots 1:30 -
In our tests, Fusion Markets’ MT4 showed impressive ultra-low spreads starting at 0.0 pips, plus a $7 per lot commission on ECN accounts. Execution is swift and dependable, perfect for scalpers and EAs. The platform accommodates micro lots, automation, and mobile trading. Although add-ons are limited, the core MT4 experience remains efficient and economical.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto ASIC, VFSC, FSA MT4, MT5, cTrader, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:500 -
Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas.
Instruments Regulator Platforms Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) FCA, ASIC, FSCA, SCB, FSA MT4 Min. Deposit Min. Trade Leverage $0 0.1 Lots 1:500 (entity dependent)
Pepperstone
FXCC
IC Markets
IC Trading
Eightcap
Fusion Markets
Trade NationSafety Comparison
Compare how safe the Best MetaTrader 4 (MT4) Brokers In The UK 2025 are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| FXCC | ✘ | ✔ | ✘ | ✔ | |
| IC Markets | ✘ | ✔ | ✘ | ✔ | |
| IC Trading | ✘ | ✘ | ✘ | ✔ | |
| Eightcap | ✔ | ✔ | ✘ | ✔ | |
| Fusion Markets | ✘ | ✔ | ✘ | ✔ | |
| Trade Nation | ✔ | ✔ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Best MetaTrader 4 (MT4) Brokers In The UK 2025 support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| FXCC | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| IC Markets | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| IC Trading | ✔ | ✔ | ✔ | ✔ | ✘ | ✘ |
| Eightcap | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Fusion Markets | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Trade Nation | ✔ | ✔ | ✔ | ✘ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Best MetaTrader 4 (MT4) Brokers In The UK 2025 at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| FXCC | iOS & Android | ✘ | ||
| IC Markets | iOS & Android | ✘ | ||
| IC Trading | iOS & Android | ✘ | ||
| Eightcap | iOS & Android | ✘ | ||
| Fusion Markets | iOS & Android | ✘ | ||
| Trade Nation | iOS & Android | ✘ |
Beginners Comparison
Are the Best MetaTrader 4 (MT4) Brokers In The UK 2025 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| FXCC | ✔ | $0 | 0.01 Lots | ||
| IC Markets | ✔ | $200 | 0.01 Lots | ||
| IC Trading | ✔ | $200 | 0.01 Lots | ||
| Eightcap | ✔ | £100 | 0.01 Lots | ||
| Fusion Markets | ✔ | $0 | 0.01 Lots | ||
| Trade Nation | ✔ | $0 | 0.1 Lots |
Advanced Trading Comparison
Do the Best MetaTrader 4 (MT4) Brokers In The UK 2025 offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| FXCC | Expert Advisors (EAs) on MetaTrader | ✘ | 1:500 | ✔ | ✘ | ✔ | ✘ |
| IC Markets | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✘ | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✔ | ✘ | ✔ | ✘ |
| IC Trading | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✘ | 1:500 | ✔ | ✘ | ✔ | ✘ |
| Eightcap | TradingView Bots | ✘ | 1:30 | ✔ | ✘ | ✔ | ✘ |
| Fusion Markets | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✘ | 1:500 | ✔ | ✘ | ✔ | ✘ |
| Trade Nation | Expert Advisors (EAs) on MetaTrader | ✘ | 1:500 (entity dependent) | ✘ | ✘ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Best MetaTrader 4 (MT4) Brokers In The UK 2025.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| FXCC | |||||||||
| IC Markets | |||||||||
| IC Trading | |||||||||
| Eightcap | |||||||||
| Fusion Markets | |||||||||
| Trade Nation |
Our Take On Pepperstone
"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."Tobias Robinson
Reviewer
Pros
- Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex.
- The award-winning customer support can be accessed through phone, email, or live chat. During tests, response times have consistently been under 5 minutes.
- Pepperstone now offers spread betting via TradingView, delivering a streamlined and tax-efficient trading experience with sophisticated analytical tools.
Cons
- Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
- Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
- Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
Our Take On FXCC
"FXCC remains a top choice for forex traders, offering over 70 currency pairs, very tight spreads from 0.0 pips in tests, and high leverage up to 1:500 with the ECN XL account."
Pros
- FXCC is a trusted and licensed broker under the regulation of CySEC, a leading European authority ensuring excellent safeguarding standards.
- The complimentary education section, featuring the 'Traders Corner' blog, provides a wide array of resources suitable for traders of all experience levels.
- There are no deposit fees other than standard cryptocurrency mining charges, which benefits active traders.
Cons
- FXCC's exclusive MetaTrader platform is a limitation, especially when compared to more versatile options like AvaTrade, which offers five different platforms to cater to various trader needs.
- The range of research tools, such as Trading Central and Autochartist, is quite limited. Leading platforms in this category, like IG, offer more advanced features.
- Unaware traders might face steep withdrawal fees, such as a notable $45 for bank transfers.
Our Take On IC Markets
"IC Markets provides excellent pricing, swift execution, and easy deposits. With cutting-edge charting tools like TradingView and the Raw Trader Plus account, it continues to be a preferred option for intermediate and advanced traders."
Pros
- As a well-regulated and reputable broker, IC Markets focuses on client safety and transparency to provide a dependable global trading experience.
- Access over 2,250 CFDs across diverse markets like forex, commodities, indices, shares, bonds, and cryptocurrencies. This variety enables traders to employ diversified strategies.
- IC Markets provides reliable 24/5 support, especially for account and funding queries, drawing from direct experience.
Cons
- IC Markets provides metals and cryptocurrencies for trading through CFDs, though the selection is narrower compared to brokers such as eToro. This limits opportunities for traders focused on these asset classes.
- Certain withdrawal methods incur fees, including a $20 charge for wire transfers. These costs can reduce profits, particularly with frequent withdrawals.
- Interest is not paid on idle cash, a feature gaining popularity with alternatives such as Interactive Brokers.
Our Take On IC Trading
"IC Trading offers an ideal environment, featuring top-tier execution speeds of around 40 milliseconds, extensive liquidity, and advanced charting tools, perfect for scalpers, traders, and algorithmic traders."Christian Harris
Reviewer
Pros
- IC Trading provides exceptional flexibility, allowing traders to open as many as 10 live accounts and 20 demo accounts. This enables the management of distinct profiles for various activities, including manual and algorithmic trading.
- The streamlined digital account setup allows traders to commence trading swiftly, eliminating lengthy paperwork. Testing shows the process takes mere minutes.
- Trading Central and Autochartist provide valuable technical analysis and actionable ideas. These tools are readily available within the account area or on the cTrader platform.
Cons
- Customer support was inadequate during testing, with multiple live chat attempts going unanswered and emails ignored. This raises significant concerns regarding their capacity to manage urgent trading issues.
- Although IC Trading operates under the reputable IC Markets group, it is licensed by the FSC in Mauritius, a regulator known for its limited financial transparency and lack of robust safeguards.
- Unlike IC Markets, IC Trading lacks support for social trading via the IC Social app or the ZuluTrade platform.
Our Take On Eightcap
"Eightcap excels for traders, offering diverse charting platforms, educational Labs, and AI tools. With over 120 crypto CFDs, it stands out in crypto trading and has won our 'Best Crypto Broker' award twice consecutively."
Pros
- In 2021, Eightcap enhanced its lineup, now providing an extensive range of cryptocurrency CFDs. It offers crypto/fiat and crypto/crypto pairs, along with crypto indices for comprehensive market exposure.
- With spreads starting at 0 pips, minimal commission charges, and leverage up to 1:500 for select clients, Eightcap delivers affordable and flexible trading opportunities. These conditions suit various strategies, such as trading and scalping.
- Eightcap has excelled in all essential trading areas, surpassing all rivals to clinch our 'Best Overall Broker' award for 2024. It also earned the titles of 'Best Crypto Broker' and 'Best TradingView Broker' for 2025.
Cons
- Despite the growing range of tools available, Eightcap lacks popular industry resources such as Autochartist and Trading Central. These provide advanced charting analytics, live news, and essential market insights for traders focused on short-term strategies.
- Eightcap must enhance its range of over 800 instruments to rival top competitors like Blackbull Markets, which offers 26,000+ assets, especially improving its limited commodities selection.
- The demo account is available for 30 days, after which it requires a request for extension. This is less convenient than XM's offering, which provides an unlimited demo mode.
Our Take On Fusion Markets
"Fusion Markets offers forex traders competitive pricing with minimal spreads, low commissions, and new TradingView integration. It is an excellent choice, especially for Australian traders, given its base and regulation by ASIC."
Pros
- The market analysis tools, Market Buzz and Analyst Views, are excellent for identifying opportunities and are seamlessly incorporated into the client dashboard.
- Fusion Markets consistently impresses traders with its competitive pricing, featuring tight spreads and lower-than-average commissions. These cost-effective options are particularly attractive to those engaging in frequent trading.
- The selection of charting platforms and social trading features is outstanding. Options like MT4, MT5, cTrader, and the newer TradingView meet diverse trader preferences.
Cons
- The broker stands out with its extensive selection of currency pairs, surpassing most competitors. However, its alternative investment options are merely average, lacking stock CFDs outside the US.
- Unlike AvaTrade, there is no specialised trading platform or app tailored for beginners, which is a significant disadvantage.
- Traders from outside Australia need to register with loosely regulated international firms that offer limited protection, lacking both safeguards and negative balance protection.
Our Take On Trade Nation
"Trade Nation is ideal for novice traders seeking diverse markets on an easy-to-use platform. It offers no minimum deposit, complimentary funding options, and robust educational resources."
Pros
- The trading firm provides narrow spreads and a clear pricing structure.
- A variety of trading platforms and apps, such as MT4, make the brand suitable for experienced traders.
- Global traders can use accounts in various currencies.
Cons
- Reduced legal safeguards with an offshore entity.
How Investing.co.uk Chose The Best MT4 Brokers
To compile our list of the best UK brokers that support MT4, we followed a data-driven process:
- Drew on our continually updated database of online brokers operating in or accessible to UK traders.
- Isolated those that offer MT4 on desktop, web, or mobile platforms.
- Ranked these brokers using our in-house scoring system, which combines over 200 quantitative metrics with the real-world insights of our UK-based testers.
How To Pick A MetaTrader 4 Broker
- Tools, add-ons, and education offered by a broker can make a big difference when using MT4. Access to custom indicators, signal services, or advanced dashboards can enhance the platform’s default features, helping you make more informed decisions or automate parts of your strategy. Quality educational resources—like MT4-specific webinars, step-by-step tutorials, or walkthroughs—help you learn how to navigate the platform, place trades, and use features like stop-loss or pending orders correctly. Brokers that actively support beginners with these tools not only reduce your learning curve but also help prevent costly mistakes in live trading.
- Different account types like STP, ECN, and Raw Spread help you manage costs and execution quality. STP accounts typically offer market-based spreads with no dealing desk interference, ideal for beginners seeking simplicity with moderate costs. ECN accounts, on the other hand, connect you directly to liquidity providers with ultra-tight spreads but charge a commission per trade—better suited for scalping or high-volume trading. Raw Spread accounts are often a hybrid, offering institutional pricing with added transparency. Trading conditions such as leverage limits, stop-out levels, and even spreads can vary by account type and platform, so checking how they apply specifically to MT4 helps ensure a smoother live trading experience.
- Costs and fees directly affect your long-term profitability. Spreads—either fixed or variable—can significantly vary between brokers and account types, especially during high volatility, impacting your entry and exit prices. Some MT4 accounts charge commissions per lot traded (familiar with ECN or Raw Spread accounts), which may offer lower spreads but add fixed costs per trade. Swap or overnight fees apply when holding leveraged positions overnight, which can quietly accumulate if you’re a swing trader. Also, be aware of hidden costs like inactivity charges or withdrawal fees—these don’t appear in the trading interface but can affect your overall return, especially on smaller accounts.
- The range of tradable instruments determines the flexibility and diversity of your trading strategy. We’ve found some brokers limit the number of forex pairs, indices, or commodities offered on MT4 compared to their proprietary platforms, which can restrict your market access. For example, if you plan to trade gold or crypto, make sure those assets are supported within MT4—not just listed on the broker’s website. The quality of data feeds also matters: accurate pricing, depth of market (DOM), and real-time tick data help improve trade execution and chart analysis. Choosing a broker with a broad, well-integrated MT4 asset offering ensures you’re not limited as your skills grow.
- Execution quality and infrastructure directly impact how accurately and quickly your trades are filled. High slippage or frequent order rejections—especially during volatile market conditions—can erode profits or lead to unintended losses. For algorithmic trading using Expert Advisors (EAs), access to a VPS (Virtual Private Server) ensures that trades execute with minimal delay, even if your local device is offline. Server location also matters—UK-based traders benefit from brokers with low-latency servers in London or nearby financial hubs, reducing execution lag and improving trade reliability in fast-moving markets.
- Reliable customer service with MT4-specific support is paramount, especially for beginners who may run into setup or technical issues. Whether you’re installing the MT4 platform, configuring EAs, or troubleshooting indicator errors, access to knowledgeable and responsive support can save time and prevent trading disruptions. Brokers that offer 24/5 live chat, clear user guides, and step-by-step onboarding for MT4 reduce the chances of missed trades due to login errors or platform misconfigurations.
When I first started using MT4, I assumed every broker offered the same experience—but I soon realised that factors like execution speed, server stability, and the quality of support in handling fundamental MT4 issues made a significant difference.The platform itself is powerful, but its smooth operation depends on the broker behind it.
What Is MetaTrader 4?
MT4 is a powerful third-party trading platform designed primarily for forex and CFD trading.
It offers real-time price feeds, interactive charts, over 30 built-in indicators, and a suite of drawing tools to help you analyse market movements with precision.
One of MT4’s standout features is its support for automated trading via EAs, which let you program and backtest strategies without manual input—ideal for building discipline and consistency. The platform also supports over 2,000 free custom indicators and scripts, allowing for advanced customisation.
Trusted UK brokers like IG, Pepperstone, and FxPro offer MT4 because of its proven reliability, fast execution, and low system resource usage. For beginner traders, MT4 provides a solid foundation—it’s intuitive enough to get started quickly, yet technical enough to grow with you as your trading skills develop.
MT4 offers solid charting and trading tools, though its interface can feel dated
Pros Of MetaTrader 4
- Lightweight & high-performance execution: MT4 is resource-efficient and runs smoothly even on older hardware, reducing the risk of platform slowdowns during volatile market conditions. Its stable architecture ensures fast order execution and minimal latency, which is essential for time-sensitive strategies like day trading or scalping.
- Advanced charting with custom indicators: MT4 provides multi-timeframe charting, over 30 built-in technical indicators, and supports custom indicators written in MQL4. You can layer multiple indicators, customise parameters, and set visual alerts—ideal for developing, testing, and refining technical trading strategies.
- Automated trading with EAs: Using MT4’s built-in MQL4 scripting language, you can create or import EAs to fully automate trading. These EAs can execute trades based on predefined rules and can be backtested using historical tick data, allowing you to optimise strategies and remove emotional bias from decision-making.
Cons Of MetaTrader 4
- Outdated user interface & ecosystem: MT4’s interface, while functional, hasn’t seen major design updates in years. It lacks some of the modern features, such as drag-and-drop order management, integrated news feeds, or advanced risk management tools, seen in newer platforms we use. Additionally, the MQL4 ecosystem is less actively developed than its successor, MT5, which limits future-proofing for more advanced or diversified trading approaches.
- Limited asset coverage by default: MT4 was initially built for forex trading, so while many brokers now offer CFDs on indices, commodities, and stocks through the platform, asset coverage often depends on broker-side integration. This can limit access to a broader range of markets compared to multi-asset platforms designed with native support for stocks, ETFs, or crypto.
- No native support for two-factor authentication (2FA): Unlike more modern platforms, MT4 lacks built-in two-factor authentication, which means account security is mainly dependent on broker implementation. This can expose you to additional cybersecurity risks, particularly if you use EA scripts or third-party plugins from less trusted sources.
At first, I didn’t pay much attention to account types or trading conditions—I just opened what was available. But over time, I realised that factors such as commission structures, spreads, and stop-out levels directly affected how my trades performed. Understanding how these work on MT4 helped me avoid numerous small, costly mistakes.
Bottom Line
Choosing the best MT4 broker in the UK comes down to more than just FCA regulation or reputation—it’s about how well the broker integrates with the MT4 platform itself.
From execution speed and account types to fees, available instruments, and platform support, each factor can shape your trading experience.
Whether you’re just starting or looking to optimise a strategy with EAs, selecting a broker that offers strong MT4 performance, transparent costs, and responsive support can make a significant difference in your results.