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Best MetaTrader 4 Brokers 2026

Brokers supporting MetaTrader 4, the most popular platform for forex trading. We have ranked them automatically based on their latest data and our team's ratings, with the list updating alongside any changes to broker details.

Last updated: 23 October 2026 10 brokers

What does a broker need to make this list?

  • Supports MetaTrader 4
  1. 1 IG

    IG

    • ✓ Top-tier licences (FCA, ASIC, DFSA, CFTC, NFA, MAS, FINMA, BaFin, JFSA, FMA)
    • ✓ Minimum deposit $0
    • ✓ Supports MetaTrader 4
    Licences
    FCA, ASIC, DFSA, CFTC
    Minimum deposit
    $0
    Maximum leverage
    1:200

    IG is a financial brokerage group founded in London in 1974, offering trading in CFDs, forex, shares, ETFs, options, and futures through entities regulated by authorities including the UK's FCA, Germany's BaFin, Switzerl...

    Read the review

    69% of retail CFD accounts lose money with this broker.

  2. 2 Oanda

    Oanda

    • ✓ Top-tier licences (FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF)
    • ✓ Minimum deposit $0
    • ✓ Supports MetaTrader 4
    Licences
    FCA, ASIC, CFTC, NFA
    Minimum deposit
    $0
    Maximum leverage
    1:888

    OANDA is a forex and CFD broker established in 1996, offering trading in currency pairs, indices, commodities, metals, shares, and cryptocurrencies via MetaTrader 4 and 5, TradingView, and its mobile app. The group opera...

    Read the review

    75% of retail CFD accounts lose money with this broker.

    • ✓ Top-tier licences (FCA, DFSA, SFC, MAS, FINMA, CSSF)
    • ✓ Supports MetaTrader 4
    Licences
    FCA, CySEC, DFSA, SFC
    Minimum deposit
    $1,000
    Maximum leverage
    1:100

    Swissquote is a Swiss banking group headquartered in Gland and listed on the SIX Swiss Exchange, providing banking and investment services alongside forex and CFD trading on stocks, indices, commodities, and cryptocurren...

    Read the review

    • ✓ Top-tier licences (FCA, ASIC, CFTC, NFA, MAS)
    • ✓ Minimum deposit $100
    • ✓ Supports MetaTrader 4
    Licences
    FCA, CySEC, ASIC, CFTC
    Minimum deposit
    $100

    FOREX.com is a forex and CFD broker established in 2001 in the United States, owned by the US-listed StoneX Group. It operates through entities regulated by bodies including the US CFTC and NFA, the UK FCA, Cyprus's CySE...

    Read the review

    77% of retail CFD accounts lose money with this broker.

    • ✓ Top-tier licences (ASIC, CBI, JFSA, FSRA)
    • ✓ Minimum deposit $100
    • ✓ Offers an Islamic account
    • ✓ Supports MetaTrader 4
    Licences
    CySEC, ASIC, CBI, FSCA
    Minimum deposit
    $100
    Maximum leverage
    1:400
    Islamic account
    ✓ Yes

    Founded in 2006 and headquartered in Dublin, Ireland, AvaTrade is a broker offering forex and CFD trading on stocks, indices, commodities, cryptocurrencies, and ETFs, as well as FX options. Its entities operate under lic...

    Read the review

    70% of retail CFD accounts lose money with this broker.

  3. 6 Axi

    Axi

    • ✓ Top-tier licences (FCA, ASIC, DFSA, FMA)
    • ✓ Minimum deposit $0
    • ✓ Offers an Islamic account
    • ✓ Supports MetaTrader 4
    Licences
    FCA, CySEC, ASIC, DFSA
    Minimum deposit
    $0
    Maximum leverage
    1:1000
    Islamic account
    ✓ Yes

    Axi is a forex and CFD broker founded in Sydney, Australia, in 2007, operating via entities regulated by authorities including Australia's ASIC, the UK's FCA, Cyprus's CySEC, and Dubai's DFSA. It offers trading across cu...

    Read the review

    71.4% of retail CFD accounts lose money with this broker.

    • ✓ Top-tier licences (FCA, ASIC, DFSA, BaFin)
    • ✓ Minimum deposit $0
    • ✓ Offers an Islamic account
    • ✓ Supports MetaTrader 4
    Licences
    FCA, CySEC, ASIC, DFSA
    Minimum deposit
    $0
    Maximum leverage
    1:400
    Islamic account
    ✓ Yes

    Pepperstone is a forex and CFD broker founded in Melbourne, Australia in 2010, operating through regulated entities licensed by authorities including Australia's ASIC, the UK's FCA, Cyprus's CySEC, Dubai's DFSA, and the...

    Read the review

    73-89% of retail CFD accounts lose money with this broker.

    • ✓ Top-tier licences (ASIC, MAS, BaFin)
    • ✓ Minimum deposit $50
    • ✓ Offers an Islamic account
    • ✓ Supports MetaTrader 4
    Licences
    CySEC, ASIC, FSA, MAS
    Minimum deposit
    $50
    Maximum leverage
    1:1000
    Islamic account
    ✓ Yes

    MultiBank Group is a multi-entity broker founded in 2005, offering forex and CFD trading on stocks, indices, commodities, and cryptocurrencies via MetaTrader 4, MetaTrader 5, and its proprietary MB Trader platform. Its s...

    Read the review

    74-89% of retail CFD accounts lose money with this broker.

    • ✓ Top-tier licences (FCA, ASIC)
    • ✓ Minimum deposit $10
    • ✓ Offers an Islamic account
    • ✓ Supports MetaTrader 4
    Licences
    FCA, CySEC, ASIC, SCB
    Minimum deposit
    $10
    Maximum leverage
    1:30
    Islamic account
    ✓ Yes

    Capital.com is a CFD broker launched in 2016, offering trading in forex, indices, commodities, shares, and cryptocurrencies via its proprietary web platform and mobile app, as well as TradingView and MetaTrader 4 and 5....

    Read the review

    65-89% of retail CFD accounts lose money with this broker.

    • ✓ Top-tier licences (FCA, ASIC)
    • ✓ Minimum deposit $100
    • ✓ Offers an Islamic account
    • ✓ Supports MetaTrader 4
    Licences
    FCA, CySEC, ASIC, FSA
    Minimum deposit
    $100
    Maximum leverage
    1:500
    Islamic account
    ✓ Yes

    Eightcap is a CFD broker founded in Melbourne, Australia in 2015, operating through regulated entities in Australia, the United Kingdom, Cyprus, the Bahamas, Seychelles, and Mauritius. It offers trading in forex, indices...

    Read the review

    59.57% of retail CFD accounts lose money with this broker.

How do the top 3 brokers compare?

Comparison table IG IG Broker Oanda Oanda Broker Swissquote Swissquote Broker
Licences FCA, ASIC, DFSA, CFTC, NFA, MAS, FINMA, BaFin, JFSA, FMA, FSCA, BMA Best FCA, ASIC, CFTC, NFA, CIRO, MAS, KNF, FSC (VG) FCA, DFSA, SFC, MAS, FINMA, CSSF, CySEC, FSCA, MFSA
Minimum deposit $0 Best $0 Best $1,000
Maximum leverage 1:200 1:888 1:100
Trading platforms MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, ProRealTime, L2 Dealer MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App MetaTrader 4, MetaTrader 5, CFXD, Mobile App
Markets Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs)
Demo account ✓ Yes ✓ Yes ✓ Yes
Copy trading ✗ No ✓ Yes —
Founded 1974 1996 1996
Headquarters London, United Kingdom — Gland, Switzerland
Read the review Read the review Read the review

Data is for information only and may change; always check the official website before opening an account.

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How do we rank brokers?

A broker joins the list automatically when it meets every criterion according to its up-to-date data, then the list is ranked by editor rating, then licence strength. Data comes from the brokers' official websites and regulator registers and is reviewed regularly.

Frequently asked questions

Which are the best metatrader 4 brokers in 2026?

IG ranks first on our list, followed by Oanda, Swissquote, out of 10 brokers.

Which of the best metatrader 4 brokers has the lowest minimum deposit?

IG, with a minimum deposit of $0.

Do the best metatrader 4 brokers offer an Islamic account?

Yes, these offer a swap-free Islamic account: AvaTrade, Axi, Pepperstone, MultiBank Group, Capital.com, Eightcap.

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