Best MetaTrader 4 FX brokers: features, regulation, and more

Best MetaTrader 4 Forex brokers | The best picks for trading in 2025

MetaTrader 4 (MT4) remains a top choice for traders worldwide, offering powerful tools and customizable features. This article showcases the best MT4 brokers, including XM Group, XTB, AvaTrade, NAGA, and HF Markets, highlighting their standout features, regulation, and what sets them apart for traders of all levels.

Top MetaTrader 4 brokers for 2025: best platforms for Forex and CFD trading

Top MetaTrader 4 brokers

MetaTrader 4 (MT4) has been a cornerstone of the trading world, offering unparalleled charting tools, expert advisors, and a seamless trading experience. With countless brokers supporting MT4, finding the right one can be challenging. In this article, we’ve rounded up the top MetaTrader 4 brokers, showcasing their standout features, reliability, and why they’re the preferred choice for traders worldwide.

 

XM Group MetaTrader 4

XM Group is a well-established Forex and CFD broker, founded in 2009, and regulated by reputable entities like CySEC, ASIC, and the FSC. Known for its transparency and client fund security, XM offers traders access to over 1,000 instruments across Forex, stocks, indices, commodities, and cryptocurrencies.

98
Min. deposit
5$
Min. Spread
0.6
Bonus
Max. leverage
1:1000
Used by
5000000+
Trading platforms
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
Bitcoin, Sofort, UnionPay, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
IFSC
ASIC
98
Min. deposit
5$
Max. leverage
1:1000
Bonus
Used by
5000000+
Min. Spread
0.6
Trading platforms
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
Bitcoin, Sofort, UnionPay, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
IFSC
ASIC

  • Regulation: CySEC, ASIC, FSC.
  • Key features:
  1. MT4 specialization: XM Group provides a fully optimized MetaTrader 4 experience, offering over 1,000 instruments directly through the platform, including Forex, commodities, indices, and more.
  2. Fast execution: Orders are executed at lightning speed with a no-requote policy, ensuring traders benefit from precise and reliable trading conditions on MT4.
  3. Advanced MT4 tools: XM enhances the standard MT4 with additional plugins and tools, such as trading signals and market analysis, to boost decision-making efficiency.
  4. Free VPS: Keep your Expert Advisors (EAs) running 24/7 without interruptions.
  5. Educational support: Beginner-friendly with comprehensive tutorials on using MT4, including charting, indicators, and EAs.
  6. Trading accounts on MT4: XM Group offers multiple account types optimized for MT4, including Standard, Micro, and Ultra Low accounts, with competitive spreads starting at 0.6 pips and leverage up to 1:888 (depending on the region).
  7. MT4 accessibility: Traders can use MT4 on desktop, web, and mobile devices, ensuring seamless access to their accounts anytime, anywhere.
  • Ideal for: XM Group is perfect for traders looking for a user-friendly yet feature-rich MT4 platform. It’s especially suitable for beginners who want to learn the ropes and for experienced traders leveraging MT4’s advanced capabilities.

 

XTB MetaTrader 4

XTB is a well-established Forex and CFD broker, founded in 2002, and regulated by reputable financial authorities such as the FCA, CySEC, and the KNF. Known for its excellent customer support and powerful trading platforms, XTB offers access to a wide range of markets including Forex, stocks, indices, commodities, and cryptocurrencies.

98
Min. deposit
-
Min. Spread
0.5
Bonus
Max. leverage
1:500
Used by
656997+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill
! Trading is a risky activity. Up to 74-83% of traders lose their money
Regulated by
FSC
CNMV
KNF
FCA
CySEC
98
Min. deposit
-
Max. leverage
1:500
Bonus
Used by
656997+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill
Regulated by
FSC
CNMV
KNF
FCA
CySEC
Broker type
Forex & CFDs
Open account
! Trading is a risky activity. Up to 74-83% of traders lose their money

  • Regulation: FCA, CySEC, KNF.
  • Key features:
  1. xStation 5 platform: XTB’s proprietary trading platform, xStation 5, offers a fast, user-friendly interface with advanced charting tools, technical indicators, and risk management features. It provides direct access to over 1,500 markets, including Forex, stocks, and commodities.
  2. MetaTrader 4 (MT4): In addition to xStation 5, XTB also supports MetaTrader 4, one of the most popular trading platforms worldwide, offering a wide range of automated trading tools and expert advisors (EAs).
  3. Fast execution: XTB ensures rapid order execution with minimal slippage and no requotes, ensuring traders have the best possible conditions for their trades.
  4. Educational resources: XTB offers extensive educational materials, including webinars, video tutorials, and eBooks, to help traders improve their knowledge and skills. Their platform also features in-depth market analysis and insights.
  5. Risk management tools: The platform provides useful risk management features, such as stop-loss and take-profit orders, guaranteed stop orders, and negative balance protection, helping traders safeguard their positions.
  6. Demo accounts: XTB offers free demo accounts with full access to all features of the trading platforms, allowing new traders to practice without risking real money.
  7. Mobile trading: XTB’s mobile apps provide the flexibility to trade from anywhere, offering full platform functionality, real-time price alerts, and advanced charting tools on the go.
  8. Account types: XTB offers competitive spreads and leverages, with account types suitable for different traders. Account options include Standard and Pro accounts, with leverage up to 1:500 depending on the region and account type.
  • Ideal for: XTB is ideal for traders of all experience levels, from beginners to advanced traders. Its user-friendly platform, robust educational tools, and wide range of tradable markets make it a strong choice for those looking for a reliable, feature-rich broker. Advanced traders will appreciate the powerful xStation 5 platform and its comprehensive charting and risk management features.

XTB

 

AvaTrade MetaTrader 4

AvaTrade is a versatile and globally recognized online trading broker, founded in 2006, and regulated by top-tier financial authorities such as the Central Bank of Ireland, ASIC, FSCA, and the Financial Services Agency of Japan. AvaTrade offers access to more than 1,250 trading instruments across multiple asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies, making it a solid choice for traders worldwide.

97
Min. deposit
50$
Min. Spread
0.1
Bonus
Max. leverage
1:400
Used by
350000+
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC
97
Min. deposit
50$
Max. leverage
1:400
Bonus
Used by
350000+
Min. Spread
0.1
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC

  • Regulation: Central Bank of Ireland, ASIC, FSCA, Financial Services Agency of Japan, British Virgin Islands Financial Services Commission.
  • Key features:
  1. Multiple trading platforms: AvaTrade provides a wide range of platforms to cater to traders of all types, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGo, AvaOptions, AvaSocial, and more. Whether you prefer a classic platform like MT4 or a more modern, proprietary mobile app, AvaTrade has you covered.
  2. AvaTradeGo: This mobile trading app has won multiple awards for its sleek interface and innovative tools, including AvaProtect, a feature that provides protection on specific trades against potential losses for a predetermined fee. AvaTradeGo offers an excellent user experience with high-speed execution and an easy-to-use interface.
  3. Autotrading options: AvaTrade supports auto trading through platforms such as ZuluTrade, DupliTrade, and Capitalise.ai, making it easier for traders to implement automated strategies and copy experienced traders.
  4. AvaOptions: Designed for those interested in trading options, AvaOptions provides a specialized platform for trading vanilla options with advanced risk management tools, available on both mobile and web versions.
  5. Extensive educational resources: AvaTrade offers a wealth of educational content, including video tutorials, eBooks, and daily market analysis. Whether you’re a beginner or an experienced trader, you’ll find in-depth information on trading strategies, technical analysis, and market fundamentals.
  6. Risk management: AvaTrade features various risk management tools, including AvaProtect and the Guardian Angel system. AvaProtect offers protection on trades for up to $1,000,000, providing reimbursement on losing trades if activated. This tool is available on both AvaTradeGo and WebTrader.
  7. Competitive spreads and leverage: AvaTrade offers competitive spreads across a wide range of assets, and leverage options depending on the region and asset type. Spreads start from as low as 0.9 pips for Forex, with leverage up to 1:400 available in certain regions.
  8. Diverse range of assets: AvaTrade gives traders access to a broad selection of markets, including Forex, cryptocurrencies (Bitcoin, Ethereum, Ripple, Litecoin, and more), stocks, indices, ETFs, commodities, and bonds. This broad selection allows for a diverse range of trading strategies and portfolio diversification.
  9. Client fund security: AvaTrade ensures the safety of client funds by keeping them in segregated accounts, providing an additional layer of security for traders.
  • Ideal for: AvaTrade is ideal for both beginner and advanced traders looking for a reliable, regulated broker with a wide selection of platforms, diverse trading instruments, and risk management tools. Its extensive educational resources and advanced features such as AvaProtect and social trading make it particularly suitable for traders looking for versatility and protection in their trading.

 

NAGA Markets MetaTrader 4

NAGA is an innovative online trading broker and social trading platform, established in 2015 and regulated by the Cyprus Securities and Exchange Commission (CySEC). Known for its emphasis on social trading, NAGA connects traders globally, enabling them to learn, share strategies, and copy trades directly on its platform. With a user-friendly interface, a diverse range of trading instruments, and support for MetaTrader 4 (MT4), NAGA caters to both beginners and experienced traders looking for a collaborative and feature-rich trading environment.

96
Min. deposit
250$
Min. Spread
0.7
Bonus
Max. leverage
1:1000
Used by
1000000+
Trading platforms
Web Platform
MetaTrader 5
MetaTrader 4
Deposit methods
Maestro, GiroPay, iDEAL, PayPal, Credit/Debit Cards, Skrill
Regulated by
FCA
CySEC
96
Min. deposit
250$
Max. leverage
1:1000
Bonus
Used by
1000000+
Min. Spread
0.7
Trading platforms
Web Platform
MetaTrader 5
MetaTrader 4
Deposit methods
Maestro, GiroPay, iDEAL, PayPal, Credit/Debit Cards, Skrill
Regulated by
FCA
CySEC

  • Regulation: Cyprus Securities and Exchange Commission (CySEC)
  • Key Features:
  1. Social trading ecosystem: NAGA’s standout feature is its social trading network, allowing users to copy trades of top-performing traders automatically. This makes it an excellent option for beginners seeking to learn from experienced professionals while benefiting from real-time insights and strategies.
  2. Support for MetaTrader 4 (MT4): NAGA provides access to the globally renowned MT4 platform, known for its advanced charting tools, technical indicators, and support for automated trading via Expert Advisors (EAs). This ensures compatibility with industry-standard tools, making it ideal for more experienced traders.
  3. Diverse range of instruments: NAGA offers over 1,000 trading instruments, including Forex, stocks, cryptocurrencies, commodities, indices, and ETFs, allowing traders to build diversified portfolios.
  4. Proprietary platform: In addition to MT4, NAGA offers its own advanced trading platform and mobile app, featuring integrated social feeds, one-click trade copying, and real-time portfolio tracking within an intuitive interface.
  5. Cryptocurrency wallet and exchange: NAGA integrates a cryptocurrency wallet and exchange, enabling users to store, buy, and trade cryptocurrencies directly, making it particularly attractive to crypto enthusiasts.
  6. Competitive fees and spreads: NAGA offers competitive spreads starting from 0.8 pips for Forex and transparent fee structures for trading and copying trades.
  7. Educational resources: NAGA provides a comprehensive range of educational content, including webinars, tutorials, and trading tips. Live market updates and analysis help traders stay informed about financial trends and events.
  8. Gamification elements: With features like leaderboards, NAGA gamifies trading, allowing users to track top traders, earn rewards, and build their reputation in the community.
  • Ideal for: NAGA is perfect for traders who value social trading and an engaging community-driven experience. Its combination of support for MT4, proprietary tools, and cryptocurrency integration makes it suitable for beginners and seasoned traders alike. Whether you want to copy trades, explore advanced charting, or trade across multiple asset classes, NAGA offers the tools and flexibility to meet your needs.

 

HF Markets MetaTrader 4

HF Markets (HotForex) is a global online trading broker, established in 2010 and regulated by several top-tier financial authorities, including the Cyprus Securities and Exchange Commission (CySEC), the UK’s Financial Conduct Authority (FCA), and the South African Financial Sector Conduct Authority (FSCA). Known for its wide range of trading instruments and user-friendly platform options, HF Markets caters to traders of all experience levels.

96
Min. deposit
5$
Min. Spread
0.1
Bonus
Max. leverage
1:1000
Used by
3500000+
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
-
Regulated by
FCA
DFSA
FSCA of South Africa
FSA UK
SVGFSA
96
Min. deposit
5$
Max. leverage
1:1000
Bonus
Used by
3500000+
Min. Spread
0.1
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
-
Regulated by
FCA
DFSA
FSCA of South Africa
FSA UK
SVGFSA

  • Regulation: Cyprus Securities and Exchange Commission (CySEC), UK Financial Conduct Authority (FCA), South African Financial Sector Conduct Authority (FSCA)
  • Key features:
  1. Diverse range of trading instruments: HF Markets offers over 500 instruments, including Forex, commodities, indices, stocks, ETFs, and precious metals. This allows traders to diversify their portfolios and trade a variety of asset classes.
  2. Multiple trading platforms: HF Markets supports the globally recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with its own proprietary trading app. These platforms feature advanced charting tools, automated trading capabilities, and real-time market analysis, making it ideal for both beginner and advanced traders.
  3. Competitive spreads and leverage: HF Markets offers competitive spreads starting from as low as 0.1 pips on Forex, with leverage up to 1:1000. This allows traders to maximize their potential while managing risk effectively.
  4. Copy trading: HF Markets provides a Copy Trading feature, enabling traders to follow and copy the trades of professionals. This is an excellent tool for beginners looking to learn from experienced traders while potentially earning profits from their strategies.
  5. VPS hosting: HF Markets offers VPS hosting services, providing low-latency access to the markets for automated trading and ensuring that your trades run seamlessly 24/7.
  6. Mobile trading app: The HF Markets mobile app offers an intuitive interface for trading on the go. With access to advanced charts, real-time quotes, and account management features, it’s perfect for traders who want flexibility and mobility.
  7. Customer support: With multilingual customer support available 24/5, HF Markets ensures that traders from around the world have access to prompt assistance in their native language.
  • Ideal for: HF Markets is ideal for both new and experienced traders who want access to a broad range of trading instruments, competitive pricing, and educational resources. Whether you’re looking to trade on advanced platforms like MT4/MT5, follow experienced traders via Copy Trading, or make use of VPS hosting, HF Markets provides all the tools you need to succeed in the markets.

 

Best MT4 Forex brokers - FAQ

MetaTrader 4 (MT4) is one of the most popular trading platforms, providing traders with advanced charting tools, automated trading capabilities via Expert Advisors (EAs), and seamless trade execution.
XM Group is a great choice for beginners, offering educational resources, a user-friendly MT4 experience, and a free VPS for running EAs without interruptions.
Yes, brokers like XM Group, AvaTrade, and NAGA support cryptocurrency trading on MetaTrader 4, allowing you to trade digital currencies like Bitcoin and Ethereum. Use our special buttons to sign up with them.
Yes, the brokers featured in this article, including XM Group, XTB, AvaTrade, NAGA, and HF Markets, are all regulated by top-tier financial authorities like the FCA, CySEC, and ASIC.
VPS hosting allows traders to run their trading systems 24/7 without interruption, providing low-latency access to the markets. Brokers like XM Group, HF Markets, and AvaTrade offer VPS hosting services to enhance trading performance.