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0.1 pips
JSE, CMA, FSA-Seychelles, FSC, B.V.I FSC, FSCA
USD 3
Exness Terminal, MT4, MT5
Unlimited:1
Exness has a unique offer among top-tier brokers, great for aggressive strategies if used responsibly
Funds reach mobile wallets in seconds with no manual approval
MT4 micro account suited for beginner risk management and strategy testing
Perfect for running MT4 Expert Advisors around the clock
Traders must first trade 5 lots and close 10 orders to enable
Requires separate app for social trading access
Exness | Best for: traders who want high leverage and MT4 automation capabilities
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0.0 pips
CMA, FSA-Seychelles, FSC, FCA, FSCA
USD 0
HFM Trading App, MT4, MT5
2000:1
HFM offers fast deposits and withdrawals with same-day processing
Includes Cent, Premium, and Zero Spread MT4 accounts tailored to different trader needs
Welcome, deposit, and loyalty bonuses help boost small initial capital
Includes MT4 usage training for beginners
Non-Zero accounts may have higher average spreads than competitors
Professional traders may find MT4 features basic compared to MT5
HFM | Best for: Beginners and intermediate traders seeking MT4 stability and promotions
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0 pips
CMA, BaFin, SCB, DFSA, ASIC, CySEC, FCA
USD 0
Pepperstone Platform, TradingView, MT4, cTrader, MT5
200:1
Designed for algo traders, Pepperstone’s MT4 uses Equinix LD5 servers in London for ultra-low latency.
Includes 28 expert plugins like mini terminal, sentiment trader, stealth orders, and alarm manager—rare even among MT4 brokers.
Brings OCO, partial close, and risk-to-reward tools directly into the interface, no coding needed.
Razor account gives 0.0 pip spreads + £2.29 commission per lot on the same MT4, with no dealing desk.
Built-in VPS integration for 24/5 EA operation—free if trading volume is met.
The platform is enhanced through add-ons, but the core layout remains default.
May disrupt strategy testing if not reactivated.
Pepperstone | Best For: Advanced MT4 traders using EAs and fast execution
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0.9 pips
ISA, FRSA, CBI, FSA-Japan, ASIC, CySEC, FSCA
USD 100
AvaOptions, Avatrade Social, MT4, MT5
400:1
Offers fixed spreads on MT4 accounts, helping traders avoid widening spreads during news events.
Globally regulated across multiple jurisdictions, including ASIC in Australia and FSCA in South Africa.
Fully integrates MT4 with DupliTrade and ZuluTrade—rare among MT4 brokers.
Education tools, and video tutorials make AvaTrade suitable for MT4 newcomers.
Does not offer ECN or raw spread pricing; costs can be higher for high-frequency traders.
No Smart Trader tools or advanced plugins offered with MT4 compared to brokers like Pepperstone.
AvaTrade | Best For: Beginners and part-time traders looking for MT4 with fixed spreads and easy-to-use tools
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0.6 pips
BMA, CFTC, FINMA, FMA, BaFin, DFSA, FSA-Japan, MAS, ASIC, FSCA, FCA
USD 0
TradingView, L2 Dealer, MT4
200:1
From Forex to indices, commodities, and cryptocurrencies
Raw-like spreads starting from 0.6 pips and zero commissions on Forex trades
Including Trade Terminal, Stealth Orders, Correlation Matrix, and a dozen indicators
This powerful automated technical analysis tool scans the markets for opportunities you might have missed
The deposit fees for credit card and PayPal are higher compared to other brokers
IG | Best for: Multi-asset traders using the MT4 platform
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