Best MetaTrader 4 Brokers 2026

Pros

• Industry-leading withdrawal speed (instant/seconds)
• Exceptional transparency with public financial reports
• Massive liquidity - $4.5+ trillion monthly volume
• No inactivity, deposit, or withdrawal fees

Cons

• Not available to EU retail clients, US, UK, Canada, Australia
• Retail clients routed to offshore entities for leverage
• Customer support can be busy during peak times
• Limited stock CFD selection compared to competitors

Pros

• No minimum deposit on Standard and Pro accounts
• Strong ASIC and FCA regulation
• Competitive raw spreads from 0.0 pips
• Axi Select capital allocation program

Cons

• Inactivity fee after 12 months ($10/month)
• Elite account requires $25,000 minimum
• Limited stock CFD selection compared to competitors
• No ETFs available

Pros

• Very low $5 minimum deposit
• Multiple account types for all levels
• Excellent educational resources (industry-leading)
• Fast execution with no-requotes policy

Cons

• Not publicly traded - less financial transparency
• No cryptocurrency trading (regulated entities)
• Inactivity fee after 90 days ($15/month then $5/month)
• Standard account spreads wider than competitors

Pros

• One of the most regulated brokers globally (9 licenses)
• Commission-free trading model
• Fixed spreads - predictable costs
• Unique AvaProtect risk management tool

Cons

• Fixed spreads are wider than ECN/Raw spread brokers
• Higher inactivity fee ($50/quarter after 3 months)
• No ECN or raw spread account option
• Cryptocurrency spreads can be high

Pros

• Low $10 minimum deposit
• High leverage up to 1:2000
• Excellent CopyFX copy trading
• Powerful R StocksTrader platform

Cons

• Offshore regulation (FSC Belize - Tier-3)
• Not available in USA/EU/UK/Australia
• Mixed customer reviews on withdrawals

Pros

• Strong multi-regulator oversight (FCA, CySEC, FSCA)
• Excellent account variety for all trader levels
• Outstanding local payment methods (Africa/Asia)
• Low minimum deposit ($0-$5 on most accounts)

Cons

• US clients not accepted
• Inactivity fee after 6 months ($5/month)
• Leverage caps apply in EU/UK jurisdictions
• Some features limited by regulatory entity

Pros

• FMA Tier-1 regulation (New Zealand)
• 26,000+ instruments via BlackBull Shares
• Excellent ECN execution (<75ms latency)
• Direct TradingView integration

Cons

• $5 flat withdrawal fee on all methods
• ECN Institutional requires $20,000 minimum
• Limited cryptocurrency selection
• No FSCS or ICF investor compensation

Pros

• Very low trading costs
• Fast execution speeds
• Allowed for all strategies
• Strong regulation

Cons

• Limited non-forex product range
• No crypto for UK clients

Pros

• Award-winning ThinkTrader mobile app
• Strong multi-regulatory oversight (8 regulators)
• $1M insurance protection beyond standard coverage
• Raw spreads from 0.0 pips on ThinkZero

Cons

• Standard account spreads average compared to competitors
• ThinkZero requires $500 minimum deposit
• Not publicly traded
• Limited cryptocurrency leverage (2:1 in regulated regions)

Pros

• Decades of stability
• Fixed spreads available
• Good educational webinars

Cons

• High inactivity fee ($10/mo)
• Raw spread commission high ($4/side)

Pros

• Regulated by 7 jurisdictions including 4 Tier-1
• Ultra-tight raw spreads on Razor (avg 0.1 pips EUR/USD)
• Fast execution - ideal for scalpers/EAs
• MT4, MT5, cTrader, TradingView support

Cons

• Standard account spreads wider than Razor
• Commission varies by platform
• No proprietary mobile app
• Research less extensive than IG

Pros

• Regulated by 8+ top-tier authorities (FCA, ASIC, CFTC, etc.)
• Huge range of 17,000+ instruments including options & futures
• FTSE 250 listed company with high financial transparency
• Top-tier educational academy and daily market analysis

Cons

• Admin fee on overnight funding increased to 1.5% (Dec 2026)
• Higher spreads on UK small-cap shares (2026 update)
• No Islamic (swap-free) account available
• MetaTrader 4 offering is limited compared to proprietary platform

Pros

• ASIC and CySEC Tier-1 regulation
• Ultra-tight raw spreads from 0.0 pips
• Excellent for scalping and EAs
• Low latency execution (Equinix)

Cons

• $200 minimum deposit
• Limited educational resources
• Research tools could be expanded
• No FSCS protection

Pros

• Regulated by 6 Tier-1 authorities
• 28+ years of clean regulatory history
• No minimum deposit requirement
• Competitive spreads from 0.6 pips

Cons

• Inactivity fee after 12 months
• No individual stock CFDs
• Limited cryptocurrency offering
• Higher spreads than some ECN brokers

Pros

• Publicly traded & highly regulated
• Huge asset selection (12k+)
• Advanced platform features (NextGen)

Cons

• High stock CFD fees for small trades
• Data fees for some exchanges

Pros

• Extremely safe (Publicly traded parent)
• Great for US traders
• TradingView charts

Cons

• Spreads on standard account not best in class
• No crypto for UK retail

Pros

• ASIC and CySEC Tier-1 regulation
• Raw spreads from 0.0 pips
• 10,000+ instruments available
• Excellent platform variety (MT4/MT5/cTrader/Iress/TradingView)

Cons

• Iress platform requires $1,000 minimum
• Limited cryptocurrency selection
• Demo account expires after 30 days
• Iress monthly fee (waivable)

Pros

• Maximum safety (Swiss Bank)
• Huge product range (3M+)
• Banking integrated

Cons

• High fees
• Higher minimum deposit

Pros

• Strong ASIC & FCA regulation
• Competitive Raw ECN pricing
• Excellent social trading options
• Free VPS for active traders

Cons

• High minimum deposit for Pro account
• Limited crypto selection

Pros

• NDD Execution
• Supports MT4, MT5, cTrader
• Reliable reputation

Cons

• Fees can be higher on standard accounts
• No crypto in UK

Pros

• Best in class for Crypto CFDs
• Great automation tools
• TradingView direct integration

Cons

• Educational content is thin
• Stock selection limited compared to big players

Pros

• Highly regulated (FCA, ASIC)
• Excellent proprietary platform
• Great educational resources

Cons

• Smaller product range than some competitors
• Inactivity fees apply

Pros

• Huge leverage options
• Cent accounts for beginners ($1 deposit)
• Global presence
• Extremely fast withdrawals

Cons

• High spreads on lower tier accounts
• Withdrawal fees on some methods

Pros

• Transparency
• Tight fixed spreads (0.6)
• Excellent customer vibe

Cons

• No MT5
• Limited advanced tools

Pros

• Swap-free on all accounts
• Excellent mobile app
• Great copy trading community

Cons

• Limited instrument range (cfd only)
• Offshore focus

Pros

• New FCA license adds trust
• Excellent mobile app
• Low commissions on ECN

Cons

• Newer brand
• Offshore entity for high leverage