Metatrader 4

The Top-Rated Metatrader 4 Brokers in the United States for 2025

Platform
HelloSafe Rating
Features
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#1
Best Platform for Forex Trading
#1Recommended Offer
Recommended Offer
HelloSafe Rating
4.9
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
0.6%
Minimum Deposit
$100 - No deposit fees
Integrated Software
MT4, MT5 and TradingView
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
0.6%
Minimum Deposit
$100 - No deposit fees
Integrated Software
MT4, MT5 and TradingView
The most affordable on the market
  • Low fees on indices
  • Free demo account
  • Option for automated trading
  • MetaTrader Platform
  • Low fees on indices
  • Free demo account
  • Option for automated trading
  • MetaTrader Platform
5 Things You Should Know About Eightcap

Is EightCap reliable?

Yes, EightCap is a reliable platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a strictly regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe choice recognized in the industry.

Why choose EightCap?

EightCap combines performance and flexibility. The platform offers a wide range of assets and tools like MT4 and MT5, ideal for sophisticated traders. Are you a beginner? No problem: Demo accounts and innovative integrations like TradingView make learning intuitive and efficient.

What fees does EightCap charge?

At EightCap, fees depend on the account chosen: Raw accounts have spreads from 0 pips with a commission of $3.5 per lot. Standard accounts have slightly higher spreads, but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.

Who is EightCap for?

Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you a beginner? Use guides and demo accounts to understand the basics. Are you more advanced? With tools like MT5 and competitive spreads, you can further develop your strategies.

Is it easy to withdraw money from EightCap?

Withdrawing your profits from EightCap is easy and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.

Is EightCap reliable?

Yes, EightCap is a reliable platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a strictly regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe choice recognized in the industry.

Why choose EightCap?

EightCap combines performance and flexibility. The platform offers a wide range of assets and tools like MT4 and MT5, ideal for sophisticated traders. Are you a beginner? No problem: Demo accounts and innovative integrations like TradingView make learning intuitive and efficient.

What fees does EightCap charge?

At EightCap, fees depend on the account chosen: Raw accounts have spreads from 0 pips with a commission of $3.5 per lot. Standard accounts have slightly higher spreads, but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.

Who is EightCap for?

Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you a beginner? Use guides and demo accounts to understand the basics. Are you more advanced? With tools like MT5 and competitive spreads, you can further develop your strategies.

Is it easy to withdraw money from EightCap?

Withdrawing your profits from EightCap is easy and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.

#2
Largest Asset Portfolio
#2
HelloSafe Rating
4.8
Available Assets
Stocks, ETFs, Forex, Indices, Cryptos
Commission per Share
0.06 %
Minimum Deposit
$0 - No deposit fees
Integrated Software
MT4, Trading View, and ProRealTime
Available Assets
Stocks, ETFs, Forex, Indices, Cryptos
Commission per Share
0.06 %
Minimum Deposit
$0 - No deposit fees
Integrated Software
MT4, Trading View, and ProRealTime
Globally recognized platform
  • No Fees on ETFs
  • Educational Resources
  • Copy Trading Available
  • 4.5% interest on uninvested funds
  • No Fees on ETFs
  • Educational Resources
  • Copy Trading Available
  • 4.5% interest on uninvested funds
74% of CFD accounts lose money. Your capital is at risk.
5 Things You Should Know About IG

Is IG reliable?

Yes, IG is a recognized trading platform regulated by leading authorities such as the FCA in the UK and the AMF in France. It protects customer funds through segregated accounts and ensures increased security. Many users confirm its reliability and transparency in handling transactions.

Why choose IG?

IG is ideal for beginners and experienced traders alike. Its simple user interface and practical tools such as the ProRealTime feature make it easier to learn trading. The platform offers a wide range of assets, from stocks to cryptocurrencies, while emphasizing an active community to exchange ideas and make progress together.

What fees does IG charge?

IG stands out with competitive fees, with no commissions on the purchase of stocks and ETFs. Spreads are affordable and there are no fees for deposits. However, inactivity fees may apply if your account is inactive for 2 years. The platform focuses on transparency to avoid surprises.

Who is IG suitable for?

IG is suitable for all types of investors. If you are a beginner, you will benefit from a clear user interface and demo accounts to learn at your own pace. For experienced traders, IG offers powerful tools and a wide range of assets, from stocks to options, to refine your trading strategies.

Is it easy to withdraw money from IG?

Withdrawing your money from IG is easy and fast. You can use various methods such as bank transfer, PayPal, or credit card. Withdrawals are processed quickly and the fees are transparent. Thousands of customers confirm the smooth process and direct access to their funds.

Is IG reliable?

Yes, IG is a recognized trading platform regulated by leading authorities such as the FCA in the UK and the AMF in France. It protects customer funds through segregated accounts and ensures increased security. Many users confirm its reliability and transparency in handling transactions.

Why choose IG?

IG is ideal for beginners and experienced traders alike. Its simple user interface and practical tools such as the ProRealTime feature make it easier to learn trading. The platform offers a wide range of assets, from stocks to cryptocurrencies, while emphasizing an active community to exchange ideas and make progress together.

What fees does IG charge?

IG stands out with competitive fees, with no commissions on the purchase of stocks and ETFs. Spreads are affordable and there are no fees for deposits. However, inactivity fees may apply if your account is inactive for 2 years. The platform focuses on transparency to avoid surprises.

Who is IG suitable for?

IG is suitable for all types of investors. If you are a beginner, you will benefit from a clear user interface and demo accounts to learn at your own pace. For experienced traders, IG offers powerful tools and a wide range of assets, from stocks to options, to refine your trading strategies.

Is it easy to withdraw money from IG?

Withdrawing your money from IG is easy and fast. You can use various methods such as bank transfer, PayPal, or credit card. Withdrawals are processed quickly and the fees are transparent. Thousands of customers confirm the smooth process and direct access to their funds.

#3
Top Rated on TrustPilot
#3
HelloSafe Rating
4.8
Available Assets
Forex, CFD, Commodities, Indices, Cryptos
Commission per Share
0.25%
Minimum Deposit
$100 - No deposit fees
Integrated Software
MT4 and MT5
Available Assets
Forex, CFD, Commodities, Indices, Cryptos
Commission per Share
0.25%
Minimum Deposit
$100 - No deposit fees
Integrated Software
MT4 and MT5
Ideal for beginners
  • Reduced fees on stocks
  • Free demo account
  • Copy Trading available
  • 3% interest on uninvested cash
  • Reduced fees on stocks
  • Free demo account
  • Copy Trading available
  • 3% interest on uninvested cash
5 Things You Should Know About Avatrade

Is Avatrade reliable?

AvaTrade is a trustworthy broker regulated by key institutions, starting with the AMF in France, but also by the Central Bank of Ireland, ASIC (Australia), and the FSA (Japan). The company has been active since 2006 and offers solid guarantees, notably the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it enjoys the trust of both beginner and experienced traders.

Why choose Avatrade?

AvaTrade combines simplicity and expertise. The tutorials, demo accounts, and free training help you learn at your own pace. The advanced tools like MT4/MT5 offer endless possibilities as you progress. You don't have to be an expert: AvaTrade adapts to you.

What fees does Avatrade charge?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity fees with regular use. You can focus on learning and your investments without surprises when paying.

Who is AvaTrade suitable for?

AvaTrade is suitable for everyone: Beginners can benefit from detailed training content and demo accounts, while advanced traders can find tools such as automated trading or vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.

Is it easy to withdraw money from Avatrade?

Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.

Is Avatrade reliable?

AvaTrade is a trustworthy broker regulated by key institutions, starting with the AMF in France, but also by the Central Bank of Ireland, ASIC (Australia), and the FSA (Japan). The company has been active since 2006 and offers solid guarantees, notably the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it enjoys the trust of both beginner and experienced traders.

Why choose Avatrade?

AvaTrade combines simplicity and expertise. The tutorials, demo accounts, and free training help you learn at your own pace. The advanced tools like MT4/MT5 offer endless possibilities as you progress. You don't have to be an expert: AvaTrade adapts to you.

What fees does Avatrade charge?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity fees with regular use. You can focus on learning and your investments without surprises when paying.

Who is AvaTrade suitable for?

AvaTrade is suitable for everyone: Beginners can benefit from detailed training content and demo accounts, while advanced traders can find tools such as automated trading or vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.

Is it easy to withdraw money from Avatrade?

Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.

Forex Specialist
HelloSafe Rating
4.7
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
From 0.1%
Minimum Deposit
$50 – No deposit fees
Integrated Software
MT4, MT5, and ProTrader
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
From 0.1%
Minimum Deposit
$50 – No deposit fees
Integrated Software
MT4, MT5, and ProTrader
Very Competitive Fees
  • Fast Customer Support
  • No Fees on CFDs
  • Copy Trading Available
  • MetaTrader 4&5 Platform
  • Fast Customer Support
  • No Fees on CFDs
  • Copy Trading Available
  • MetaTrader 4&5 Platform
5 Things You Should Know About Vantage

Is Vantage reliable?

Vantage is a reliable broker regulated by recognized authorities like ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, which are protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trusted platform.

Why choose Vantage?

Vantage stands out for its balance between accessibility and professional tools. Beginners benefit from guidance with demo accounts and educational materials, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a diverse range of assets and transparent fees, Vantage caters to a broad audience seeking reliable and powerful trading conditions.

What fees does Vantage charge?

Fees at Vantage are tailored to everyone. On ECN accounts, spreads start at 0 pips with a commission of $3 per lot. Standard accounts offer slightly higher spreads but without commission. There are no deposit or withdrawal fees, and inactivity costs are limited. With Vantage, you stay in control of your costs to invest efficiently.

Who is Vantage suitable for?

Vantage is ideal for traders looking for professional conditions, but is still accessible for beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources here.

Is it easy to withdraw money from Vantage?

Withdrawing funds from Vantage is quick and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and low fees, so you can easily access your profits.

Is Vantage reliable?

Vantage is a reliable broker regulated by recognized authorities like ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, which are protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trusted platform.

Why choose Vantage?

Vantage stands out for its balance between accessibility and professional tools. Beginners benefit from guidance with demo accounts and educational materials, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a diverse range of assets and transparent fees, Vantage caters to a broad audience seeking reliable and powerful trading conditions.

What fees does Vantage charge?

Fees at Vantage are tailored to everyone. On ECN accounts, spreads start at 0 pips with a commission of $3 per lot. Standard accounts offer slightly higher spreads but without commission. There are no deposit or withdrawal fees, and inactivity costs are limited. With Vantage, you stay in control of your costs to invest efficiently.

Who is Vantage suitable for?

Vantage is ideal for traders looking for professional conditions, but is still accessible for beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources here.

Is it easy to withdraw money from Vantage?

Withdrawing funds from Vantage is quick and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and low fees, so you can easily access your profits.

Expert for Stocks and CFDs
HelloSafe Rating
4.6
Available Assets
Stocks, ETFs, CFDs, Indices, Cryptos
Commission per Share
0%
Minimum Deposit
$0 - No deposit fees
Integrated Software
MT4 and xStation 5
Available Assets
Stocks, ETFs, CFDs, Indices, Cryptos
Commission per Share
0%
Minimum Deposit
$0 - No deposit fees
Integrated Software
MT4 and xStation 5
Diverse learning materials
  • No Fees on Stocks
  • Unlimited Demo Account
  • Copy Trading Available
  • 4.5% interest on uninvested capital
  • No Fees on Stocks
  • Unlimited Demo Account
  • Copy Trading Available
  • 4.5% interest on uninvested capital
5 Things You Should Know About XTB

Is XTB reliable?

XTB is a reliable broker regulated in France by the AMF and supervised by reputable authorities such as the FCA and CySEC. It protects its clients' funds in segregated accounts, guaranteeing a secure trading environment. With millions of users, XTB is establishing itself as a reliable and transparent platform.

Why Choose XTB?

XTB stands out with its intuitive platform and powerful tools like xStation, ideal for all levels. With a wide range of assets, including stocks, cryptos, and forex, investing becomes accessible. Furthermore, the extensive educational content enables traders to develop quickly and become more autonomous.

What fees does XTB charge?

XTB offers competitive fees, especially 0% commission on the purchase of stocks and ETFs. Spreads are attractive and deposits are free. Withdrawals over $100 are free, and prolonged inactivity may result in fees after one year. Transparency is at the heart of the model.

Who is XTB for?

XTB is suitable for both beginners and experienced investors. Beginners will appreciate the educational resources and ease of use, while experienced traders will benefit from advanced tools and a wide selection of assets to diversify their strategies.

Is it easy to withdraw money from XTB?

XTB facilitates withdrawals thanks to various options such as bank transfer and e-wallets. Requests are usually processed within 24 hours, ensuring quick access to funds. There are no fees above a certain amount, and the process is clear and secure.

Is XTB reliable?

XTB is a reliable broker regulated in France by the AMF and supervised by reputable authorities such as the FCA and CySEC. It protects its clients' funds in segregated accounts, guaranteeing a secure trading environment. With millions of users, XTB is establishing itself as a reliable and transparent platform.

Why Choose XTB?

XTB stands out with its intuitive platform and powerful tools like xStation, ideal for all levels. With a wide range of assets, including stocks, cryptos, and forex, investing becomes accessible. Furthermore, the extensive educational content enables traders to develop quickly and become more autonomous.

What fees does XTB charge?

XTB offers competitive fees, especially 0% commission on the purchase of stocks and ETFs. Spreads are attractive and deposits are free. Withdrawals over $100 are free, and prolonged inactivity may result in fees after one year. Transparency is at the heart of the model.

Who is XTB for?

XTB is suitable for both beginners and experienced investors. Beginners will appreciate the educational resources and ease of use, while experienced traders will benefit from advanced tools and a wide selection of assets to diversify their strategies.

Is it easy to withdraw money from XTB?

XTB facilitates withdrawals thanks to various options such as bank transfer and e-wallets. Requests are usually processed within 24 hours, ensuring quick access to funds. There are no fees above a certain amount, and the process is clear and secure.

Forex Specialist
HelloSafe Rating
4.6
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
$0.10
Minimum Deposit
$0 - No deposit fees
Integrated Software
MT4, MT5, CTrader, TradingView
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
$0.10
Minimum Deposit
$0 - No deposit fees
Integrated Software
MT4, MT5, CTrader, TradingView
Quality Education
  • Low fees on CFDs
  • Automated Trading
  • MetaTrader Platform
  • Dedicated customer service
  • Low fees on CFDs
  • Automated Trading
  • MetaTrader Platform
  • Dedicated customer service
5 Things You Should Know About Pepperstone

Is Pepperstone reliable?

Yes, Pepperstone is a reliable trading platform regulated by reputable authorities such as the FCA (United Kingdom) and ASIC (Australia). It ensures the security of funds through segregated accounts and advanced security protocols. Users appreciate the transparency and strict regulation that frame the operations on this platform.

Why choose Pepperstone?

Pepperstone stands out for its accessibility and tools tailored to all profiles. With an intuitive platform and powerful tools like cTrader, both beginners and experienced traders can take advantage of a wide range of assets, from currencies to indices. The focus is on competitive spreads and fast order execution.

What fees are there at Pepperstone?

Pepperstone offers attractive fees with spreads from 0 pips on Raw accounts, but with a small commission of $3.5 per lot. Standard accounts do not incur commissions, but spreads are slightly wider. No fees on deposits, and withdrawal fees are transparent and reasonable.

Who is Pepperstone for?

Pepperstone is perfect for traders of all levels. Beginners benefit from tutorials and demo accounts for practice, while advanced users appreciate the speed of the platform and access to high-end trading tools. Its variety of assets allows everyone to find their field.

Is it easy to withdraw funds from Pepperstone?

Withdrawing money from Pepperstone is a simple and fast process. You can make your withdrawals via bank transfer, credit card, or electronic wallets. Requests are typically processed within 1 to 2 business days, with transparent withdrawal fees and a clear process that is valued by many users.

Is Pepperstone reliable?

Yes, Pepperstone is a reliable trading platform regulated by reputable authorities such as the FCA (United Kingdom) and ASIC (Australia). It ensures the security of funds through segregated accounts and advanced security protocols. Users appreciate the transparency and strict regulation that frame the operations on this platform.

Why choose Pepperstone?

Pepperstone stands out for its accessibility and tools tailored to all profiles. With an intuitive platform and powerful tools like cTrader, both beginners and experienced traders can take advantage of a wide range of assets, from currencies to indices. The focus is on competitive spreads and fast order execution.

What fees are there at Pepperstone?

Pepperstone offers attractive fees with spreads from 0 pips on Raw accounts, but with a small commission of $3.5 per lot. Standard accounts do not incur commissions, but spreads are slightly wider. No fees on deposits, and withdrawal fees are transparent and reasonable.

Who is Pepperstone for?

Pepperstone is perfect for traders of all levels. Beginners benefit from tutorials and demo accounts for practice, while advanced users appreciate the speed of the platform and access to high-end trading tools. Its variety of assets allows everyone to find their field.

Is it easy to withdraw funds from Pepperstone?

Withdrawing money from Pepperstone is a simple and fast process. You can make your withdrawals via bank transfer, credit card, or electronic wallets. Requests are typically processed within 1 to 2 business days, with transparent withdrawal fees and a clear process that is valued by many users.

Table of Contents
  • What is Metatrader 4?
  • What is a Metatrader 4 broker?
  • Why choose a broker offering Metatrader 4?
  • The Assets You Can Trade with a Metatrader 4 Broker
  • The Cost of Using Metatrader 4
  • Who Are Metatrader 4 Brokers For?
  • The Alternatives to Metatrader 4 Brokers
  • The Features of Metatrader 4
  • How to Open a Metatrader 4 Account
  • How to use Metatrader 4?
  • Our Guide to Choosing the Best Metatrader 4 Broker
  • FAQ

What is Metatrader 4?

Metatrader 4, created by MetaQuotes Software and released in 2005, is a popular trading platform primarily designed for Forex and CFD trading.

It serves both retail and professional traders in the US by providing real-time order execution, comprehensive technical analysis tools, and the flexibility to trade manually or automate strategies using Expert Advisors (EAs).

Metatrader 4 is supported by a wide range of brokers and offers compatibility across desktop (Windows, macOS), mobile devices (iOS, Android), and web browsers.

Despite the arrival of newer platforms, Metatrader 4 remains widely used due to its simplicity, stable operation, and robust ecosystem—featuring a strong community, custom indicators, and algorithmic trading bots.

Today, Metatrader 4 continues to be a relevant and reliable choice for US traders seeking a versatile and proven trading environment.

What is a Metatrader 4 broker?

A broker Metatrader 4 refers to a brokerage firm that offers traders access to the Metatrader 4 platform, providing the technical infrastructure needed to execute trades, receive real-time pricing data, and manage accounts using this platform. The broker acts as the connection between the trader and the financial markets, ensuring smooth order execution and access to critical trading features. Not all brokers are compatible with Metatrader 4, so it is important for traders to select a broker that explicitly supports the platform.

  • A trading account with unique login credentials for secure access to Metatrader 4
  • Access to a variety of financial instruments such as forex, indices, commodities, cryptocurrencies, and stocks via CFDs
  • Transparent trading conditions, including clear information on spreads, leverage, fees, and execution models
  • Full support for Metatrader 4 features including automated trading with Expert Advisors, the use of technical indicators, and conditional order types

Many traders in the US choose brokers offering Metatrader 4 for its stability, advanced capabilities, and the flexibility to trade a wide range of global markets.

Why choose a broker offering Metatrader 4?

Choosing a broker compatible with Metatrader 4 is valuable for both beginner and experienced traders in the United States due to the platform’s longstanding reputation, system stability, and large user base globally. Metatrader 4’s compatibility with regulated brokers ensures a secure and transparent trading environment, making it a common standard when evaluating options. The features, flexibility, and robust community support make Metatrader 4 a highly regarded choice among US traders seeking efficient trade execution and analytical tools.

Advantages

  • ✅ Broad broker compatibility, including support from many regulated US brokers
  • ✅ User-friendly interface, ideal for both beginners and professionals
  • ✅ Reliable order execution and stable platform performance
  • ✅ Extensive range of built-in technical indicators and charting tools
  • ✅ Full support for automated trading via Expert Advisors (EAs)
  • ✅ Large global community contributing custom indicators, scripts, and trading robots
  • ✅ Availability on desktop, web, and mobile devices for flexible access

Disadvantages

  • ❌ Outdated design compared to newer trading platforms
  • ❌ Limited support for trading non-forex products with some US brokers
  • ❌ Fewer advanced risk management tools than some modern alternatives
  • ❌ No native support for two-factor authentication or more recent security updates
  • ❌ May not directly integrate with third-party analytics or portfolio tools
icon

Summary

Metatrader 4 brokers remain highly relevant for US traders who value a proven, stable, and easy-to-use trading environment, especially for forex and CFD markets. Its balance of reliability, flexibility, and a strong online support community continues to make it a preferred choice despite the emergence of newer platforms.

The Assets You Can Trade with a Metatrader 4 Broker

Brokers offering Metatrader 4 provide access to a broad range of asset classes, often through contracts for difference (CFDs). This approach allows traders in the US to speculate on price movements without owning the underlying assets, offering flexibility for both short- and long-term trading strategies.

CategoryExample AssetsAccess TypeInterest with Metatrader 4
ForexEUR/USD, USD/JPY, GBP/USDCFDs (Spot Forex)Advanced charting and technical tools
IndicesS&P 500, NASDAQ 100, Dow JonesCFDs on IndicesIndex-wide exposure, portfolio diversification
CommoditiesGold, Crude Oil, Silver, Natural GasCFDs on CommoditiesHedge against inflation and global events
CryptocurrenciesBitcoin, Ethereum, LitecoinCFDs on CryptoTrade volatile digital assets, 24/7 availability
Stocks (CFD)Apple, Tesla, Amazon, GoogleCFDs on StocksShort-sell or leverage on leading stocks
Forex
Example Assets
EUR/USD, USD/JPY, GBP/USD
Access Type
CFDs (Spot Forex)
Interest with Metatrader 4
Advanced charting and technical tools
Indices
Example Assets
S&P 500, NASDAQ 100, Dow Jones
Access Type
CFDs on Indices
Interest with Metatrader 4
Index-wide exposure, portfolio diversification
Commodities
Example Assets
Gold, Crude Oil, Silver, Natural Gas
Access Type
CFDs on Commodities
Interest with Metatrader 4
Hedge against inflation and global events
Cryptocurrencies
Example Assets
Bitcoin, Ethereum, Litecoin
Access Type
CFDs on Crypto
Interest with Metatrader 4
Trade volatile digital assets, 24/7 availability
Stocks (CFD)
Example Assets
Apple, Tesla, Amazon, Google
Access Type
CFDs on Stocks
Interest with Metatrader 4
Short-sell or leverage on leading stocks

Currencies (Forex)

Metatrader 4 is widely recognized for its capacity to trade major, minor, and exotic currency pairs through CFDs. Traders can benefit from high liquidity, tight spreads, and a variety of order types. Examples of popular forex pairs are:

  • EUR/USD
  • USD/JPY
  • GBP/USD

Stock indices

Indices are available as CFDs on Metatrader 4, allowing traders to speculate on the performance of entire markets rather than individual stocks. This offers a way to diversify and manage overall market exposure. Frequently traded indices include:

  • S&P 500
  • NASDAQ 100
  • Dow Jones

Commodities

Trading commodities via Metatrader 4 usually involves CFDs that track the price movements of popular hard and soft commodities. This asset class is useful for portfolio diversification or hedging inflationary risks. Common examples include:

  • Gold
  • Crude Oil
  • Silver
  • Natural Gas

Cryptocurrencies

Through Metatrader 4, some US brokers offer cryptocurrency CFDs, enabling traders to capitalize on the volatility of digital currencies without directly holding crypto assets. This market is known for its high volatility and nonstop trading hours. Key cryptocurrencies include:

  • Bitcoin
  • Ethereum
  • Litecoin

Stocks (CFD)

Metatrader 4 supports the trading of leading US and international shares as CFDs. This allows traders to speculate on price movements, use leverage, and go long or short on stock positions. Frequently available stocks are:

  • Apple
  • Tesla
  • Amazon
  • Google

Availability and features depend on the broker and current US regulations.

The Cost of Using Metatrader 4

For individual traders in the US, access to Metatrader 4 is typically free, as most brokers providing the platform do not charge a direct fee to use it. Instead, the costs of trading through Metatrader 4 arise from the conditions set by the broker, rather than from the platform provider itself.

Fee TypeExplanation
SpreadThe difference between the buy and sell price of each instrument; varies by asset
CommissionFixed or variable charges applied to each trade, depending on broker’s pricing model
Swap/Overnight FeesCosts (or credits) for holding positions overnight; determined by instrument and broker
Inactivity FeesCharges that may apply if no trading activity occurs over a specified period
Deposit/Withdrawal FeesFees that may be charged for funding or withdrawing from your trading account
Spread
Explanation
The difference between the buy and sell price of each instrument; varies by asset
Commission
Explanation
Fixed or variable charges applied to each trade, depending on broker’s pricing model
Swap/Overnight Fees
Explanation
Costs (or credits) for holding positions overnight; determined by instrument and broker
Inactivity Fees
Explanation
Charges that may apply if no trading activity occurs over a specified period
Deposit/Withdrawal Fees
Explanation
Fees that may be charged for funding or withdrawing from your trading account

In addition to standard broker-related costs, traders using Metatrader 4 might encounter optional expenses for enhanced features or greater customization:

  • Purchase or subscription to paid Expert Advisors (automated trading bots)
  • Acquisition of custom or premium indicators
  • Rental of VPS (Virtual Private Server) for uninterrupted automated trading

Who Are Metatrader 4 Brokers For?

Brokers offering Metatrader 4 are suitable for a wide spectrum of trader profiles in the United States, including both beginners and experienced professionals. This suitability arises from the platform’s accessibility, user-friendly interface, broad educational resources, and advanced technical features. The flexibility in trading approaches and compatibility with automated tools makes Metatrader 4 relevant to traders seeking efficiency and control over their strategies.

Profils de trader

ProfileCharacteristicsRelevance of Metatrader 4
BeginnerNew to trading, learning basics, needs intuitive toolsUser-friendly interface, demo accounts, educational resources, straightforward setup
IntermediateSome experience, exploring strategies, uses analysis toolsWide range of indicators, custom scripting, flexible order management
ExpertAdvanced skills, algorithmic trading, multi-market focusFull support for automation (EAs), portfolio management, advanced charting
Beginner
Characteristics
New to trading, learning basics, needs intuitive tools
Relevance of Metatrader 4
User-friendly interface, demo accounts, educational resources, straightforward setup
Intermediate
Characteristics
Some experience, exploring strategies, uses analysis tools
Relevance of Metatrader 4
Wide range of indicators, custom scripting, flexible order management
Expert
Characteristics
Advanced skills, algorithmic trading, multi-market focus
Relevance of Metatrader 4
Full support for automation (EAs), portfolio management, advanced charting

Metatrader 4 is especially well-suited for Forex and CFD trading, and is favored by technical traders who rely on charting and custom indicators. However, it has limitations when it comes to direct access to stocks, options, or more complex asset classes, as it is primarily designed for margin products and online retail trading.

Objectifs et stratégies compatibles

StrategyDescriptionWhy Metatrader 4 is suitable
ScalpingMultiple small trades in short timeframesFast execution, customisable scripts, and low-latency order management
Day tradingOpening and closing positions within a single trading dayReal-time data, advanced charting, order types for active trading
Swing tradingHolding trades over days to weeksAnalytical tools, multi-timeframe charts, stable execution
Automated tradingUsing trading robots or scripts (EAs) for executionBuilt-in automation, strategy backtesting, plug-in support
Multi-assetTrading across various markets (e.g., forex, indices, commodities)Access to diverse CFDs, flexible market coverage via broker integration
Scalping
Description
Multiple small trades in short timeframes
Why Metatrader 4 is suitable
Fast execution, customisable scripts, and low-latency order management
Day trading
Description
Opening and closing positions within a single trading day
Why Metatrader 4 is suitable
Real-time data, advanced charting, order types for active trading
Swing trading
Description
Holding trades over days to weeks
Why Metatrader 4 is suitable
Analytical tools, multi-timeframe charts, stable execution
Automated trading
Description
Using trading robots or scripts (EAs) for execution
Why Metatrader 4 is suitable
Built-in automation, strategy backtesting, plug-in support
Multi-asset
Description
Trading across various markets (e.g., forex, indices, commodities)
Why Metatrader 4 is suitable
Access to diverse CFDs, flexible market coverage via broker integration

Overall, Metatrader 4 remains a versatile and robust platform, suitable for different trading styles and strategies, particularly for those focused on Forex, CFDs, and technical analysis.

The Alternatives to Metatrader 4 Brokers

While Metatrader 4 is a key reference point for US traders, the market offers numerous alternative platforms developed by competitors or brokers themselves. Some of these provide more modern interfaces, expanded asset access—including spot equities—or enhanced charting and social trading features, catering to varying trader needs.

PlatformDeveloped byKey strengthsTarget audienceBrokers
Metatrader 4MetaQuotesAutomated trading, vast library of indicators & scriptsForex & CFD traders, algorithmicForex.com, OANDA, IG
MetaTrader 5MetaQuotesMulti-asset support, more order types, deeper analyticsMulti-asset & futures tradersForex.com, OANDA, Tradestation
cTraderSpotwareModern UI, advanced order management, transparencyFX traders, day tradersPepperstone, FXPro, IC Markets
TradingViewTradingView Inc.Cloud-based, visual charting, social sharing, scriptingVisual/technical & crypto tradersOANDA, FOREX.com, Gemini
ProprietaryMajor brokersSeamless integration, custom tools, direct asset accessEquity & options tradersCharles Schwab, TD Ameritrade
Metatrader 4
Developed by
MetaQuotes
Key strengths
Automated trading, vast library of indicators & scripts
Target audience
Forex & CFD traders, algorithmic
Brokers
Forex.com, OANDA, IG
MetaTrader 5
Developed by
MetaQuotes
Key strengths
Multi-asset support, more order types, deeper analytics
Target audience
Multi-asset & futures traders
Brokers
Forex.com, OANDA, Tradestation
cTrader
Developed by
Spotware
Key strengths
Modern UI, advanced order management, transparency
Target audience
FX traders, day traders
Brokers
Pepperstone, FXPro, IC Markets
TradingView
Developed by
TradingView Inc.
Key strengths
Cloud-based, visual charting, social sharing, scripting
Target audience
Visual/technical & crypto traders
Brokers
OANDA, FOREX.com, Gemini
Proprietary
Developed by
Major brokers
Key strengths
Seamless integration, custom tools, direct asset access
Target audience
Equity & options traders
Brokers
Charles Schwab, TD Ameritrade
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To remember

Despite strong competition, Metatrader 4 remains a dependable and widely trusted platform, particularly suitable for traders seeking robust automation and custom strategy deployment.

The Features of Metatrader 4

FeatureDescription
⏱️ Real-time tradingExecute trades with up-to-the-second pricing and rapid order execution
🛠️ Order managementFull support for stop loss, take profit, and trailing stop to help manage positions
📊 Technical analysis toolsBuilt-in indicators, oscillators, and custom indicator support for advanced analysis
📈 Interactive chartsMultiple chart types, timeframes, zoom, and drawing tools for comprehensive market analysis
⚙️ Automated tradingDevelop and run Expert Advisors (EAs), custom scripts, and strategies with backtesting
🔔 Alerts and notificationsSet personalized alerts via sound, email, or push notifications for market events
🔒 SecurityAdvanced encryption of data for user and account protection
📱 Multi-device compatibilityDesktop, mobile, and web versions for flexible trading from any device
⏱️ Real-time trading
Description
Execute trades with up-to-the-second pricing and rapid order execution
🛠️ Order management
Description
Full support for stop loss, take profit, and trailing stop to help manage positions
📊 Technical analysis tools
Description
Built-in indicators, oscillators, and custom indicator support for advanced analysis
📈 Interactive charts
Description
Multiple chart types, timeframes, zoom, and drawing tools for comprehensive market analysis
⚙️ Automated trading
Description
Develop and run Expert Advisors (EAs), custom scripts, and strategies with backtesting
🔔 Alerts and notifications
Description
Set personalized alerts via sound, email, or push notifications for market events
🔒 Security
Description
Advanced encryption of data for user and account protection
📱 Multi-device compatibility
Description
Desktop, mobile, and web versions for flexible trading from any device

Metatrader 4 provides a real-time trading environment, allowing users to execute trades swiftly and monitor prices with high accuracy. Its order management tools include essential functions like stop loss, take profit, and trailing stop orders, supporting users in risk management and trade strategy.

The platform offers a robust set of technical analysis tools, such as dozens of native indicators, oscillators, and the ability to load or create custom indicators for deeper market study. Interactive charting includes multiple chart types, customizable timeframes, and drawing tools to visualize trends and patterns clearly.

Automated trading is a cornerstone of Metatrader 4, with full support for scripting, the use of Expert Advisors, and historical backtesting for strategy refinement. Alert systems—covering sound, email, and push notifications— help traders stay aware of market movements in real time.

Multi-device compatibility means traders can access markets from desktop applications, mobile devices, or the web client, enabling continuous connectivity and flexibility.

These features, combined with its reliability and adaptability, make Metatrader 4 a preferred platform for both new and experienced traders in the US.

How to Open a Metatrader 4 Account

Opening a Metatrader 4 account requires choosing a broker that supports the platform. After successfully setting up your account with the broker, you will receive login details, enabling you to access Metatrader 4 from your preferred computer or mobile device.

StepDescription
Choose a brokerSelect a US-regulated broker offering Metatrader 4 access
Complete the registration formFill out the broker’s online application with the required personal details
Verify your identity (KYC)Provide ID documents and proof of address to meet regulatory requirements
Select account typeDecide between a demo account (with virtual funds) or a live account
Download Metatrader 4Install the platform on your computer, smartphone, or tablet
Log in with broker credentialsUse the provided login and server details to access Metatrader 4
Make your first depositFund the live account to start trading with real money
Steps to open a Metatrader 4 trading account.
Choose a broker
Description
Select a US-regulated broker offering Metatrader 4 access
Complete the registration form
Description
Fill out the broker’s online application with the required personal details
Verify your identity (KYC)
Description
Provide ID documents and proof of address to meet regulatory requirements
Select account type
Description
Decide between a demo account (with virtual funds) or a live account
Download Metatrader 4
Description
Install the platform on your computer, smartphone, or tablet
Log in with broker credentials
Description
Use the provided login and server details to access Metatrader 4
Make your first deposit
Description
Fund the live account to start trading with real money
Steps to open a Metatrader 4 trading account.
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Tip

Consider starting with a demo account to get comfortable with Metatrader 4’s features before switching to real trading.

How to use Metatrader 4?

Metatrader 4 is a comprehensive platform that allows you to manage all aspects of your trading operations. This step-by-step guide will help you use Metatrader 4 efficiently, whether you are new to trading or seeking to improve your platform skills.

Search for an asset on Metatrader 4

  • Open the “Market Watch” window (Ctrl+M or via the “View” menu).
  • Right-click in the Market Watch area and select “Show All” to display the full list of available assets.
  • To add a specific asset, right-click and choose “Symbols.” Find the desired asset (for example, USD/JPY), then click “Show” to add it to your list.

Use indicators on Metatrader 4

  • Go to the “Insert” menu and select “Indicators.”
  • Choose from the built-in options such as Moving Average, RSI, or MACD.
  • Configure the indicator’s parameters in the settings window.
  • The indicator will instantly appear on your active chart.
  • To remove, right-click on the indicator in the chart and select “Delete Indicator.”

Place an order with Metatrader 4

  • Click the “New Order” button on the toolbar or right-click the relevant symbol in Market Watch and select “New Order.”
  • Specify the trade volume (lots).
  • Set your preferred stop loss and take profit levels.
  • Choose the order type:
    • “Market Execution” for immediate execution
    • “Pending Order” for a deferred trade
  • Click “Buy” or “Sell” according to your strategy.
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Concrete example

Suppose you want to buy the EUR/USD pair. Open a new order, choose a volume (e.g., 0.10 lots), set a stop loss at 1.0850 and a take profit at 1.0950. Once the order is placed, it appears in the “Trade” section of the terminal, displaying all your chosen parameters.

One-click trading mode is also available, allowing you to open or close positions instantly—this can be particularly useful for active traders like scalpers who need to react quickly to market changes.

Our Guide to Choosing the Best Metatrader 4 Broker

Not all Metatrader 4 brokers are equal—there are important technical, financial, and regulatory factors to consider. To make an informed decision, traders should compare brokers across these key criteria. The goal is to choose a reliable broker that matches your profile and trading strategy.

🔎 Criterion / AdviceDescriptionWhy it matters
🛡️ RegulationEnsure the broker is registered with a US authority (e.g., NFA, CFTC)Protects client funds; ensures legal and transparent operations
⚡ Execution typeCompare market execution (STP/ECN) with dealing desk executionAffects order speed and limits potential conflicts of interest
💸 Spreads and feesReview spread types (fixed/variable) and any commissionsDirectly impacts total trading costs on Metatrader 4
🏦 LeverageConfirm available leverage, aligned with US regulationsDetermines risk exposure and margin requirements
📈 Available assetsAssess the range of tradable products (FX, commodities, indices, CFDs, etc.)Supports portfolio diversification and trading flexibility
🛠️ MT4 tool compatibilityCheck broker support for all core and advanced Metatrader 4 featuresEnsures optimal use of indicators and automation tools
🧪 Demo account availabilityUse a demo account to explore the broker’s services and trading conditions risk-freeHelps you learn and evaluate the broker’s environment
📞 Customer serviceEvaluate response times, language coverage, and support hoursEssential for resolving technical or account issues promptly
🧭 Platform testing adviceOpen a demo account to verify stability, speed, and platform usabilityConfirms that Metatrader 4 meets your specific needs
Key criteria for evaluating and selecting a Metatrader 4 broker.
🛡️ Regulation
Description
Ensure the broker is registered with a US authority (e.g., NFA, CFTC)
Why it matters
Protects client funds; ensures legal and transparent operations
⚡ Execution type
Description
Compare market execution (STP/ECN) with dealing desk execution
Why it matters
Affects order speed and limits potential conflicts of interest
💸 Spreads and fees
Description
Review spread types (fixed/variable) and any commissions
Why it matters
Directly impacts total trading costs on Metatrader 4
🏦 Leverage
Description
Confirm available leverage, aligned with US regulations
Why it matters
Determines risk exposure and margin requirements
📈 Available assets
Description
Assess the range of tradable products (FX, commodities, indices, CFDs, etc.)
Why it matters
Supports portfolio diversification and trading flexibility
🛠️ MT4 tool compatibility
Description
Check broker support for all core and advanced Metatrader 4 features
Why it matters
Ensures optimal use of indicators and automation tools
🧪 Demo account availability
Description
Use a demo account to explore the broker’s services and trading conditions risk-free
Why it matters
Helps you learn and evaluate the broker’s environment
📞 Customer service
Description
Evaluate response times, language coverage, and support hours
Why it matters
Essential for resolving technical or account issues promptly
🧭 Platform testing advice
Description
Open a demo account to verify stability, speed, and platform usability
Why it matters
Confirms that Metatrader 4 meets your specific needs
Key criteria for evaluating and selecting a Metatrader 4 broker.
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Tip

Go beyond marketing claims—objectively review each criterion, compare multiple brokers, and always test the platform with a demo account before trading live.

FAQ

Why choose a broker offering Metatrader 4 rather than another type of platform?

Metatrader 4 is known for its user-friendly interface, advanced charting tools, and compatibility with both manual and automated trading. Many traders value its stability, the wide availability of expert advisors, and the strong ecosystem of online support. This makes it a trusted choice for both beginners and experienced users.

How to install Metatrader 4 and connect to my broker account?

You can download Metatrader 4 directly from your broker’s website or the official MetaQuotes site. After installing, launch the platform and enter your broker’s server details and login credentials, which you receive after opening a trading account. This process enables you to access your account and begin using the platform.

What types of assets can I trade with a Metatrader 4 broker?

Available assets depend on your broker but typically include forex currency pairs, commodities, indices, and sometimes CFDs on stocks or cryptocurrencies. It is important to check your broker’s asset list, as US regulations limit access to some products, and offerings may vary accordingly.

Are Metatrader 4 brokers regulated and reliable?

Whether a Metatrader 4 broker is regulated depends on the broker, not the platform itself. In the US, look for registration with the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC). Choosing a regulated broker enhances client fund safety and transparency.

Can I trade on Metatrader 4 from a mobile or tablet?

Yes, Metatrader 4 is available as a free mobile app for both iOS and Android devices. These apps allow you to manage trades, analyze charts, and monitor the markets on the go. This flexibility is especially useful for active traders who need access outside the desktop platform.

What fees should I expect with a Metatrader 4 broker (spread, commission, swap)?

Common fees include spreads, which vary by instrument, and may be fixed or variable. Some brokers charge commissions on top of spreads, especially for certain account types, while swap fees apply for overnight positions. Always review your broker’s full fee schedule to avoid surprises before trading.

Why choose a broker offering Metatrader 4 rather than another type of platform?

Metatrader 4 is known for its user-friendly interface, advanced charting tools, and compatibility with both manual and automated trading. Many traders value its stability, the wide availability of expert advisors, and the strong ecosystem of online support. This makes it a trusted choice for both beginners and experienced users.

How to install Metatrader 4 and connect to my broker account?

You can download Metatrader 4 directly from your broker’s website or the official MetaQuotes site. After installing, launch the platform and enter your broker’s server details and login credentials, which you receive after opening a trading account. This process enables you to access your account and begin using the platform.

What types of assets can I trade with a Metatrader 4 broker?

Available assets depend on your broker but typically include forex currency pairs, commodities, indices, and sometimes CFDs on stocks or cryptocurrencies. It is important to check your broker’s asset list, as US regulations limit access to some products, and offerings may vary accordingly.

Are Metatrader 4 brokers regulated and reliable?

Whether a Metatrader 4 broker is regulated depends on the broker, not the platform itself. In the US, look for registration with the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC). Choosing a regulated broker enhances client fund safety and transparency.

Can I trade on Metatrader 4 from a mobile or tablet?

Yes, Metatrader 4 is available as a free mobile app for both iOS and Android devices. These apps allow you to manage trades, analyze charts, and monitor the markets on the go. This flexibility is especially useful for active traders who need access outside the desktop platform.

What fees should I expect with a Metatrader 4 broker (spread, commission, swap)?

Common fees include spreads, which vary by instrument, and may be fixed or variable. Some brokers charge commissions on top of spreads, especially for certain account types, while swap fees apply for overnight positions. Always review your broker’s full fee schedule to avoid surprises before trading.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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