Tuesday, January 5, 2021

Best MetaTrader 4 Brokers for 2021

Meta Trader 4 trading













One of the essential tools for online traders is undoubtedly the trading platform. When it comes to choosing a trading platform, the majority knows or at least heard of MetaTrader4 or MT4. Even though new technology is developing fast, thousands and million traders use MT4 as a mainstay.

MetaTrader 4 is developed in 2000 by MetaQuotes Software Corp and initially released in 2005. Today, the MetaTrader suite, licensed by brokers and offered to traders, is among the most popular trading platforms for CFDs and retail forex trading globally.

MT4 is the most popular trading platforms on the planet. As for Forex trading, it most certainly is. Various statistics are floating around that you can look into. Still, the average statistic states that something along the lines of 90% of all retail trading in the currency markets is done with the MetaTrader platform.

There are a few reasons for the popularity of the MetaTrader 4 trading platform. First of all, it was the first trading platform to come with an in-built scripting language, called the MQL4. With this, traders can create their expert advisors (EAs) for algorithmic trading or automated trading.

Secondly, the MetaTrader 4 trading platform also comes with an advanced charting package. The charts can support multiple timeframes. There is an extensive library of technical indicators that traders can access to overlay trading chart of the trading instrument, for a more accurate reading of the market. Furthermore, MetaTrader 4 is well known for its iron-clad security. The platform uses 128-bit encryption to offer the users a safe and secure trading environment. It is highly customizable and allows users to change the language of the user interface and look of the trading screen.

Is MetaTrader 4 for trading forex only?

The MetaTrader 4 platform (MT4) is predominantly for forex trading. However, depending on the broker, MT4 often comes with other symbols such as CFDs on indices, commodities, futures, energies, and metals.

Choosing the right MetaTrader 4 broker for you

Finding the best MetaTrader 4 broker for investing and trading forex can be difficult. 

If you are a trader who insists on using the MetaTrader4 to trade with, you will need to choose a broker offering this generic platform. When selecting the MetaTrader broker, traders should consider the broker's trustworthiness (where it is regulated), the number of tradeable securities offered, pricing, customer service quality, and any available add-ons offered beyond the default MetaTrader experience.

After you decide on a broker you want to use for MetaTrader 4, you open and fund a brokerage account. After that, you can start trading CFDs and forex with MetaTrader 4. Also, most brokers offer demo accounts so you can use virtual funds to practise trading before funding with real money.

Compare the best Forex brokers for MetaTrader 4 in 2021


To help you narrow down the brokers' choice that supports this powerful trading platform, we have collated the best MT4 brokers below. Here is a list of the best MetaTrader 4 brokers that will help you start trading forex in 2021.


>>> City Index <<<

City Index logo

 City Index Review on WiBestBroker.com Click Here. 


Broker name: Gain Capital

Operating since: 1983.

Offices in: United Kingdom

Regulated by: FCA

Website: www.cityindex.co.uk

Trading platforms: Web Trader, AT Pro, MetaTrader 4

Minimum deposit: N/A

Depositing options: N/A

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>>> Libertex <<<

Libertex logo

 Libertex Review on WiBestBroker.com Click Here. 


Broker name: Libertex

Operating since: 1997.

Offices in: Cyprus

Regulated by: CySEC

Website: www.libertex.com

Trading platforms: MetaTrader 4, Libertex

Minimum deposit: N/A

Depositing options: N/A

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 >>> FXCM <<<

FXCM logo

 FXCM Review on WiBestBroker.com Click Here. 


Broker name: FXCM

Operating since: 1999.

Offices in: United Kingdom

Regulated by: FATCA

Website: www.fxcm.com

Trading platforms: Trading Station, MetaTrader 4

Minimum deposit: 50

Depositing options: N/A

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>>> LiteForex <<<

LiteForex logo

 LiteForex Review on WiBestBroker.com Click Here. 


Broker name: LiteForex

Operating since: 2005.

Offices in: Marshall Island

Regulated by: Marshall Island's Business Corporation Act

Website: www.liteforex.com

Trading platforms: MetaTrader 4, MetaTrader 5

Minimum deposit: $50

Depositing options: N/A

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>>> XTB <<<

XTB logo

 XTB Review on WiBestBroker.com Click Here. 


Broker name: N/A

Operating since: 2005.

Offices in: Belize

Regulated by: FCA

Website: www.xtb.com

Trading platforms: xStation 5, xStation  Mobile

Minimum deposit: N/A

Depositing options: N/A

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>>> IC Markets <<<

IC Markets logo

 IC Markets Review on WiBestBroker.com Click Here. 


Broker name: International Capital Markets Pty Ltd

Offices in: Australia

Operating since: 2007.

Regulated by: ASIC

Trading platforms: MetaTrader 4, Metatrader 5, cTrader, Web Trader

Website: www.icmarkets.com

Minimum deposit: N/A

Depositing options: Credit and debit cards, PayPal, Skrill, Bpay, Union Pay, Neteller, FasaPay, Broker to Broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Bitcoin Wallet, UnionPay, Wire Transfer, and many more.

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>>> Forex4you <<<

 Forex4you Review on WiBestBroker.com Click Here. 


Broker name: Forex4you

Operating since: 2007.

Offices in: Virgin Island

Regulated by: FSC

Website: www.forex4you.com

Trading platforms: MetaTrader 4, Web Trader

Minimum deposit: 1

Depositing options: N/A

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>>> Exness <<<

Exness logo

 Exness Review on WiBestBroker.com Click Here. 


Broker name: Exness

Operating since: 2008.

Offices in: Cyprus and Venezuela

Regulated by: N/A

Website: www.exness.com

Trading platforms: MetaTrader 4, MetaTrader 5, Mobile Platform, MetaTrader 4 Web Terminal

Minimum deposit: $1 (for Mini Account)

Depositing options: N/A

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>>> FXChoice <<<

FXChoice logo

 FXChoice Review on WiBestBroker.com Click Here. 


Broker name: FXChoice

Operating since: 2010.

Offices in: Belize

Regulated by: IFSC

Website: www.myfxchoice.com

Trading platforms: MetaTrader 4, MetaTrader 5, Web Trader

Minimum deposit: 100

Depositing options: N/A

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>>> FSMSmarts <<<

FSMSmart logo

 FSMSmarts Review on WiBestBroker.com Click Here. 


Broker name: FSMSmarts

Operating since: 2017.

Offices in: Switzerland

Regulated by: N/A

Website: www.fsmsmarts.com

Trading platforms: Meta Trader 4, Meta Trader 5

Minimum deposit: N/A

Depositing options: Visa, Master Card, Maestro

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>>> HQBroker <<<

HQBroker logo

 HQBroker Review on WiBestBroker.com Click Here. 


Broker name: HQBroker

Operating since: 2017.

Offices in: Hong Kong

Regulated by: N/A

Website: www.hqbroker.com

Trading platforms: MetaTrader 4 for Desktop, Mobile (Android and Apple) and Tablet, and Web Trader

Minimum deposit: N/A

Depositing options: N/A

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 >>> ROinvesting <<<


ROinvesting logo


 ROinvesting Review on WiBestBroker.com Click Here. 


Broker name: ROinvesting

Operating since: 2017.

Offices in: Cyprus

Regulated by: CySEC

Website: www.roinvesting.com

Trading platforms: WebTrader, MetaTrader 4, MobileTrader

Minimum deposit: 250$

Depositing options: Visa, Maestro, MasterCard, Skrill, Neteller, PayPal, SafeCharge, MIR Limited, Wirecard, Decta, etc.

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>>> HFTrading <<<

HFTrading logo

 HFTrading Review on WiBestBroker.com Click Here. 


Broker name: HFTrading

Operating since: 2018.

Offices in: New Zealand

Regulated by: ASIC/FMA

Website: www.hftrading.com

Trading platforms: MetaTrader 4

Minimum deposit: $250

Depositing options: N/A

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 >>> ETFinance <<<

ETFinance logo

 ETFinance Review on WiBestBroker.com Click Here. 


Broker name: ETFinance

Operating since: 2019.

Offices in: Cyprus

Regulated by: CySEC

Website: www.etfinance.eu

Trading platforms: MetaTrader 4, WebTrader, Mobile App

Minimum deposit: $250

Depositing options: N/A

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>>> OnlineMarketShare <<<

 OnlineMarketShare Review on WiBestBroker.com Click Here. 


Broker name: OnlineMarketShare

Operating since: 2019.

Offices in: The Commonwealth of Dominica

Regulated by: N/A

Website: N/A

Trading platforms: Meta Trader 4

Minimum deposit: $250

Depositing options: N/A

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>>> 101investing <<<

101investing logo

 101investing Review on WiBestBroker.com Click Here. 


Broker name: 101investing

Operating since: 2020.

Offices in: Cyprus

Regulated by: CySEC

Website: www.101investing.com

Trading platforms: Meta Trader 4

Minimum deposit: 100$

Depositing options: N/A

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>>> Brokereo <<<

 Brokereo Review on WiBestBroker.com Click Here. 


Broker name: Brokereo

Operating since: 2020.

Offices in: Cyprus

Regulated by: CySEC

Website: www.brokereo.com

Trading platforms: MT4, Mobile, Web

Minimum deposit: 250$

Depositing options: N/A

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>>> DeltaMarket <<<

DeltaMarket logo

 DeltaMarket Review on WiBestBroker.com Click Here. 


Broker name: Global World Ltd.

Operating since: 2020.

Offices in: Republic of the Marshall Islands

Regulated by: N/A

Website: www.deltamarket.net

Trading platforms: Meta Trader 4

Minimum deposit: $250

Depositing options: N/A

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>>> FinMarket <<<

FinMarket logo

 FinMarket Review on WiBestBroker.com Click Here. 


Broker name: FinMarket

Operating since: 2020.

Offices in: Cyprus

Regulated by: CySEC

Website: www.finmarket.com

Trading platforms: MetaTrader 4, WebTrader, MobileTrader

Minimum deposit: 250$

Depositing options: N/A

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>>> T1Markets <<<

 T1Markets Review on WiBestBroker.com Click Here. 


Broker name: T1Markets

Operating since: 2020.

Offices in: Cyprus

Regulated by: CySec

Website: www.t1markets.com

Trading platforms: Meta Trader 4, WebTrader, MobileTrader

Minimum deposit: $250

Depositing options: N/A

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 >>> Forex.com <<<

Forex.com logo

 Forex.com Review on WiBestBroker.com Click Here. 


Broker name: Forex.com

Operating since: N/A

Offices in: USA

Regulated by: N/A

Website: www.forex.com

Trading platforms: MetaTrader 4

Minimum deposit: 50

Depositing options: N/A

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 >>> ThinkMarkets <<<


ThinkMarkets logo

 ThinkMarkets Review on WiBestBroker.com Click Here. 


Broker name: ThinkMarkets

Operating since: N/A

Offices in: Bermuda

Regulated by: FCA

Website: www.thinkmarkets.com

Trading platforms: MetaTrader 4, ThinkTrader

Minimum deposit: 250

Depositing options: N/A

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>>> TurboForex <<<

TurboForex logo

 TurboForex Review on WiBestBroker.com Click Here. 


Broker name: TurboForex

Operating since: N/A

Offices in: Marshall Island

Regulated by: N/A

Website: www.turboforex.com

Trading platforms: MetaTrader 4

Minimum deposit: 250

Depositing options: N/A

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