MT4 Forex Brokers In 2023

MetaTrader 4, often referred to as MT4, is a third-party trading platform used to trade forex and contracts for difference (CFDs), linked to the trader’s preferred broker. MT4, which was initially released in 2005 and developed by Metaquotes Software Corporation, is currently the most widely used third-party platform for forex trading. Over 95% of the forex brokers provide this platform available on their own websites.

Below is a list of the best forex trading brokers that offer or primarily use the MT4 platform, each ranked as the best in their respective areas.

Forex BrokerMin. DepositMaximum LeveragePopularityVisit Site
PU Prime$501:100HighPU Prime Review
JustMarkets$11:3000HighJustMarkets Review
RoboForex$01:1000HighRoboForex Review
OctaFx$251:500HighOctaFx Review
FBS$51:3000HighFBS Review
Grand Capital

“CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.