best metatrader 4 brokers

Best MetaTrader4 Brokers

MetaTrader4 is undoubtedly a widely used trading platform globally. Almost every broker prefers and utilizes this software. This platform is suitable for beginners and mediocre clients. Even some professionals choose MT4. MetaTrader4 is free to use except for a few of them. This content contains an overview platform. It also discloses the best Metatrader4 brokers in the world with their brief introduction.

MetaTrader4 Overview

MetaTrader4 is the production of Meta Quotes. This platform came into existence in 2005. 

This platform is accessible to every kind of system. You can operate it everywhere on mobile (android, windows, and iOS), on the web as well as the desktop. 

The features may vary from device to device to some extent. For a detailed view of MetaTrader4, visit our website.

Best MetaTrader4 Brokers in detail

Here are a few finest and competent MetaTrader4 brokers.

1. AvaTrade

The foundation year of this broker is 2006. It is regulated by the Central Bank of Ireland.

The minimum deposit is $100. Avatrade offers you maximum leverage of 400:1. Avatrade has its own trading platform. But, it also offers MetaTrader4 and 5 as their trading platforms. You can trade CFDs, Cryptos, Stocks, Bonds, ETFs, and Options.

Read more at: Avatrade Review

2. Admiral Markets

Admiral Market is a UK based broker. This broker came to birth in 2001. It has regulations with the Financial Conduct Authority (FCA), United Kingdom.

 The minimum deposit is $100. The maximum leverage you can avail of at Admiral Markets is 1:30. This broker allows MetaTrader 4 and 5 integration. It has more than 3,000 financial instruments to trade. These assets include forex, stocks, commodities, cryptos, ETFs, bonds, and indices.

3. CMC Markets

This company is quite old and operational since 1989. It is also a UK-based brokerage firm. It has regulations with the Financial Conduct Authority of the UK.

The minimum deposit is $100. The maximum leverage you can avail of is 1:30 for retail clients. However, for professionals, the ratio is  1:500. CMC Markets integrates Web Trader along with MetaTrader4. This broker also allows Spread betting. You can trade in different assets like CFDs, Forex, Cryptos, Commodities, Stocks, Treasuries, and Custom indices.

Read more at: CMC Markets

4. Darwinex

The foundation year of Darwinex is 2012. It is regulated by FCA, UK.

By using Darwinex, you can trade more than 300 instruments. They include metals, CFDs, Cryptos, Indices, stocks, and forex. Agricultural commodities and energies are not available. The minimum deposit is 500$.  Leverage is 20:1 for retail clients. However, professional clients can avail 50:1. Darwinex also uses MetaTrader4 as its trading platform.

5. ETX Capital

This broker is since 2007. It is regulated by FCA, UK.

The minimum deposit is $100. The maximum leverage a retail trader can avail of is 1:30. For a professional trader, leverage is 1:300. ETX also offers MetaTrader4 as its trading platform. You can trade with CFDs, forex, stocks, commodities, indices, bonds, and cryptos. There are more than 4500 instruments.

Read more at: ETX Capital

6. FXCM

FXCM came to market in 1991. It is regulated by the Financial Conduct Authority, UK.

The minimum deposit is   $360 for Europeans.   For non-Europeans, it is $50.  Maximum leverage for retail clients is 1:30. It integrates Ninja Trader, Zulutrade, and MetaTrader4. You can trade with CFDs, Forex, and cryptos.

7. OctaFX

This broker came into existence in 2011. It has regulation with Cyprus Securities and Exchange Commission, Cyprus.

The minimum deposit for OctaFX is $50.Retail clients can use 500:1 of leverage. Professionals can use 1:1200 as leverage. It has CFDs, Forex, and Cryptos. It also offers ECN trading.OctaFX allows MetaTrader4 and 5.

8. Swissquote

Swissquote Bank Limited is based in Switzerland. It is regulated by the Swiss Financial Market Supervisory Authority (FINMA).

Swissquote offers 3-4 account types. The minimum deposit varies from the account type.  There is no account opening fee. The maximum leverage for retail clients is 1:20 to 1:30. This broker also uses MetaTrader4. You can trade with stocks, forex, CFDs, and cryptos.

9. Pepperstone

Pepperstone is an Australian broker. This broker has been working since 2010. It is regulated by the AISC.

There is no initial deposit.  Leverage for Australian retail clients is 500:1. In the European region, it is 30:1. Pepperstone uses MetaTrader4 and 5. You can trade CFDs, Forex, and cryptos.

10. XM

This broker has been working since 2009. It is regulated by the AISC.

The minimum deposit is $5. Traders can use leverage up to 1:888. XM uses  MetaTrader 4.   You can trade with CFDs, forex, cryptos, and stocks.

Read more at: XM

Verdict (Best MetaTrader4 Brokers)

Almost all of the top-ranked brokerage firms use MetaTrader4.  MetaTrader4 is user-friendly software. It has some exciting free features.  This is the reason for the best choice for beginners. It has some defects, but it is the primary choice of brokers.

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