Choosing the best forex broker with MT4 ensures access to one of the most trusted trading platforms in the industry, offering robust charting, custom indicators, and expert advisor (EA) automation. Whether you’re a beginner or professional trader, MetaTrader 4 remains a gold standard for forex due to its speed, flexibility, and widespread broker support.
This guide ranks the top MT4 brokers in 2025 based on execution quality, regulation, spreads, tools, and reliability.
Why Trade Forex on MT4?
Key Features
- One-click trading
- 9 timeframes and 30+ indicators built-in
- Supports Expert Advisors (EAs) for algorithmic trading
- Backtesting tools for strategies
- Highly customisable interface
- Compatible with desktop, web, and mobile apps
Advantages
- Low resource usage
- Widespread broker compatibility
- Excellent for scalping, hedging, and automation
- Rich library of custom indicators and scripts
Best Forex Brokers with MT4 (2025)
1. Vantage – Best MT4 Broker for ECN Execution
- Regulation: ASIC, CIMA
- Spreads: From 0.0 pips (Raw ECN)
- Leverage: Up to 1:500
- Tools: Smart Trader Tools, MT4 Web + Mobile
- Best For: Scalpers, EAs, and traders needing raw spreads
- MT4 Features: Custom templates, VPS hosting, trade copier
2. Intertrader – Best MT4 Broker for UK Traders
- Regulation: FCA (FRN 597312)
- Spreads: Fixed from 0.6 pips
- Leverage: Up to 1:30 (retail), 1:200 (pro)
- Tools: Spread betting MT4 module
- Best For: Tax-free spread betting and GBP accounts
- MT4 Features: Simple UI, strong FCA protection
3. AvaTrade – Best MT4 Broker for Fixed Spreads
- Regulation: ASIC, FSCA, BVI
- Spreads: From 0.9 pips (fixed)
- Leverage: Up to 1:400
- Tools: AvaProtect, risk tools, Autochartist
- Best For: Beginner and mobile-focused traders
- MT4 Features: Risk-managed interface, seamless mobile sync
4. Pepperstone – Best MT4 Broker for EAs and Algo Trading
- Regulation: FCA, ASIC, CySEC
- Spreads: From 0.0 pips (Razor account)
- Leverage: 1:30 (retail), 1:500 (pro)
- Tools: VPS, Smart Trader Suite, Capitalise.ai
- Best For: Advanced EA users and automation strategies
- MT4 Features: Tight latency, fast execution infrastructure
5. XM – Best MT4 Broker for Global Accessibility
- Regulation: CySEC, IFSC
- Spreads: From 0.1 pips (Zero account)
- Leverage: Up to 1:888
- Tools: Free education, signals, VPS
- Best For: Global traders, multiple language support
- MT4 Features: Islamic accounts, fast onboarding
Comparison Table
| Broker | Regulation | Spread Type | Leverage | Best For |
|---|---|---|---|---|
| Vantage | ASIC, CIMA | Raw ECN | Up to 1:500 | ECN execution, scalping, EAs |
| Intertrader | FCA | Fixed | 1:30 / 1:200 | UK traders, spread betting |
| AvaTrade | ASIC, FSCA, BVI | Fixed | Up to 1:400 | Beginners, mobile, fixed cost |
| Pepperstone | FCA, ASIC | Raw ECN | 1:30 / 1:500 | Algo and EA trading |
| XM | CySEC, IFSC | Variable | Up to 1:888 | Global clients, education, support |
How to Open an MT4 Account with a Forex Broker
- Choose a regulated broker that supports MT4
- Visit the broker’s site and select “Open Live Account”
- Choose MT4 as your preferred trading platform
- Complete the KYC verification
- Download the MT4 terminal or use the web/mobile version
- Fund your account and start trading
Tips for Trading on MT4
- Use Smart Trader Tools or plugin packs to enhance capabilities
- Install custom indicators and EAs (.ex4 files) for automation
- Regularly backup your profiles and templates
- Run a VPS for uninterrupted trading, especially with EAs
- Practise on a demo MT4 account before going live
Key Takeaways
- MT4 remains the most trusted and feature-rich forex platform in 2025.
- Vantage and Pepperstone offer top-tier MT4 ECN conditions for pros and algo traders.
- Intertrader is ideal for UK-based MT4 users seeking FCA protection and tax-free spread betting.
- AvaTrade and XM support mobile-focused and global traders with MT4 stability and extras.
- Always combine MT4 with risk tools, proper strategy, and education for success.
Frequently Asked Questions
Which forex broker has the best MT4 platform?
Vantage and Pepperstone offer the best MT4 setups with raw spreads, fast execution, and ECN liquidity.
Is MT4 still supported in 2025?
Yes. MT4 remains one of the most popular and widely supported forex trading platforms worldwide.
Can beginners use MT4?
Absolutely. MT4 is beginner-friendly with an intuitive layout and available demo accounts.
Do MT4 brokers support mobile trading?
Yes. All top MT4 brokers offer mobile apps for iOS and Android with full trading functionality.
Can I run Expert Advisors on MT4?
Yes. MT4 was built to support automated strategies and runs EAs efficiently using VPS setups.
Leave a Reply
Please log in or register to share your thoughts.