OCOctaFX OctaFX Review
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MT4 Brokers: Compare MetaTrader 4 Forex Brokers
Compare forex brokers that offer the MetaTrader 4 (MT4) platform. See broker type, minimum spread, minimum deposit, minimum position size and maximum leverage side by side, then open an account with the MT4 broker that suits your trading style and budget.
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Featured Forex Brokers with Bonus Offers
Our editors' picks this month, ranked by user rating, bonus value and account conditions.
OCOctaFX 
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Broker list
MT4 Brokers Comparison Table
| Broker | Trading Platform | Broker Type | Min. Deposit | Promotion | User Reviews | Official Site |
|---|---|---|---|---|---|---|
 ATATFXATFX |
MetaTrader4 (MT4), Web Platform and Mobile | STP/ECN | $100 | 50% Forex Deposit Bonus | (5.0/5) | Open AccountView Profile |
 CACapitalCapital |
Trade Platform - Mobile Apps, Web Platform, MetaTrader 4 (for CYSEC/ASIC), TradingView | Market Maker | $20 if the funds are transferred via credit/debit card, Apple Pay, or PayPal. For bank transfers, the minimum deposit is $250 | No | No reviews yet | Open AccountView Profile |
 CACapitalxtendCapitalxtend |
MetaTrader4, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader | STP/ECN | $200 | 30% Forex Deposit Bonus | (5.0/5) | Open AccountView Profile |
 CECedarFXCedarFX |
MT4 Desktop, Mobile, WebTrader | STP/ECN | $10 | 0% Commission Account / Eco Account | (5.0/5) | Open AccountView Profile |
 FXFXPRIMUSFXPRIMUS |
MetaTrader 4 (MT4) | STP/ECN | $100 | 100% Forex Deposit Bonus | No reviews yet | Open AccountView Profile |
 INInstaForexInstaForex |
MetaTrader 4 (MT4) | STP/ECN | $1 | $500 to $5000 Free Bonus | (3.0/5) | Open AccountView Profile |
 IRIronFXIronFX |
MetaTrader 4 | MM/ECN/STP | $100 | 100% Sharing Bonus | No reviews yet | Open AccountView Profile |
 MUMultiBankMultiBank |
ECN Pro Platform, MultiBank Pro MT4 Platform, Maximus MT4 Platform, MT5 Platform, Web Tra… | STP/ECN | $50 | 100% Deposit Bonus | No reviews yet | Open AccountView Profile |
| OCOctaFXOctaFX |
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile MT4, Web Platforms and More Trading Platfo… | STP/ECN | $25 | 50% Forex Deposit Bonus | (5.0/5) | Open AccountView Profile |
 RMRockfort MarketsRockfort Markets |
MetaTrader 4 | STP/ECN | $100 | No | No reviews yet | Open AccountView Profile |
 TITickmillTickmill |
MetaTrader 4 | NDD | $100 | $30 Bonus *only for FSA Clients | No reviews yet | Open AccountView Profile |
 VAValetaxValetax |
MT4 for Desktop, MT4 Web Terminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader MT4 Mu… | STP/ECN | $1 | Forex Demo Contest and Live Contest Promotions | No reviews yet | Open AccountView Profile |
No broker matches that search. Clear the search box or choose "All broker types".
Why Traders Still Choose MetaTrader 4
MetaTrader 4 is the most widely used retail forex platform. It is light, stable on older computers and phones, and it has the largest library of expert advisors (EAs), custom indicators and scripts written in MQL4.
When you compare MT4 brokers, look beyond the platform itself: the spread, commission, execution model and server location decide how well your EAs and manual trades perform.
- Expert advisors: check that the broker allows EAs, hedging and scalping.
- VPS: some MT4 brokers offer a free VPS for 24/5 automated trading.
- Account type: ECN/STP accounts usually have raw spreads plus commission.
Which Trading Platform Should You Choose?
MetaTrader 4
The classic forex platform. It is light, stable and has the biggest library of expert advisors and custom indicators.
MetaTrader 5
21 timeframes, more pending order types, a built-in economic calendar and access to stocks and futures.
cTrader and Web Trader
cTrader has a clean interface with Level II market depth. A web trader runs in your browser with nothing to install.
How We Review Forex Brokers
Every broker on FXNewBonus is checked against the same list, so you can compare brokers on equal terms. We open demo and live accounts, test deposits and withdrawals, read the bonus terms line by line and collect ratings from real traders.
Regulation and safety
Licence, segregated client funds, negative balance protection and company history.
Trading costs
Average EUR/USD spread, commission per lot, swap rates and inactivity fees.
Trading platforms
MetaTrader 4, MetaTrader 5, cTrader, web trader and mobile apps, plus execution speed.
Bonus and promotions
No deposit bonus, deposit bonus, rebates and the real trading volume needed to withdraw.
Deposit and withdrawal
Minimum deposit, payment methods, processing time and withdrawal fees.
Support and user reviews
Live chat response time, support languages and verified ratings from our readers.
How to Open an Account With a Forex Broker
- Compare brokers in the table above and shortlist two or three that match your platform and budget.
- Read the full review using "View Profile" to check regulation, fees and bonus rules.
- Open a demo account to test execution, spreads and the mobile app.
- Verify your identity with a passport or ID and a proof of address.
- Fund your account or claim a no deposit bonus, then start with a small position size.
Minimum Deposit: How Much Do You Need?
Minimum deposits on this list range from $1 at InstaForex up to $200 at Capitalxtend. If you want to test a broker without risking your own money, start with a forex no deposit bonus.
MT4 Brokers: Frequently Asked Questions
What is an MT4 broker?
An MT4 broker is a forex or CFD broker that lets clients trade through the MetaTrader 4 platform on desktop, web and mobile.
Is MT4 free to use?
Yes. MT4 is free to download from your broker. The broker earns from spreads, commissions or swaps on your trades.
Can I use expert advisors with every MT4 broker?
Most MT4 brokers allow EAs, but some limit scalping or high-frequency strategies. Read the account terms before you trade.
What minimum deposit do MT4 brokers ask for?
It depends on the broker and the account type. On this list the lowest minimum deposit is $1 at InstaForex.