Compare Top MT4 Brokers in the UK
MT4 or MetaTrader 4 is currently offered by over 600 brokers worldwide. Compare the top MT4 brokers to ensure you get the best pricing, tools, analysis, welcome bonus and features.
Spread betting, CFD and MT4 trading carry a high level or risk and can result in losses that exceed your deposits. Featured brokers appear first. Learn about how brokers are ranked...
|Broker||FX Spreads (pips from)||Index Spreads||Features||Markets Offered||Active Clients||More Info|
| FTSE: 1pt
|16,000+||195,000|| Visit IG
| FTSE: 0.5pt
|4,000||230,000|| Visit XTB
| FTSE: 1pt
|12,000||20,000||Visit City Index|
What is MT4?
MT4 is the abbreviation for MetaTrader 4. MT4 is one of the best trading platforms and is owned and operated by MetaQuotes Software Corp. MT4 provides retail or private clients with a trading platform with institutional grade execution and functionality. Find out more…
Over 600 brokers offer MT4 - make sure you trade with the best
MT4 is one of the most versatile ways to trade the Forex, index and commodity markets. Compare the best UK MT4 brokers offering MT4 here. This is a list of the top MT4 FX brokers that provide the tightest spreads, the lowest costs, the best welcome bonuses. We only show MT4 brokers with offices in London (the most active FX market). All the brokers are authorised and regulated by the Financial Conduct Authority where client funds are segregated and protected under FSCS.
Trading Forex and CFDs on MT4
MT4 is one of the most popular ways for traders to speculate on Forex markets and CFD (Contracts for Difference). The MT4 trading platform is excellent for all traders from absolute beginner to seasoned professionals.
All about MetaTrader 4
MetaTrader 4 is an exceptionally flexible trading platform, advanced tools of technical analysis, Trading Signals, mobile and automatic trading — MetaTrader 4 has all the bells and whistles that even the biggest traders need to improve their Forex trading
Open an MT4 Demo Account
If you are new to MT4 (or trading Forex) the best way to get started is to open an MT4 demo account. We show a list of all the brokers in the UK that offer MT4 as well as who will let you try the MT4 platform before having to deposit funds.
UK Brokers for MT4 Forex Trading
If you want to trade forex on MT4 you will be better off with a broker that is based and regulated in the UK. We have comparison tables of the best forex brokers that you can filter down to those that offer MT4. When you trade with a UK regualted MT4 broker some of your funds are protected by the FSCS as well as the enhanced regulatory requirements of the UK regulator, the FCA.
Technical Analysis on MT4
Trading Forex is all about market timing. Most MT4 traders are short term speculators and job in and out of the FX market on an intra day basis. The best research tool for spotting and confirming trading idea is technical analysis. By using the advanced technical analysis tools available on MT4 traders should be able to increase their edge on the markets.
Trading & Order Types
MT4 offers a little more than just buy and sell that some cut down retail platforms offer. Trade market, limit, stop to open, run trailing stops and run longs short positions in the same pair with the hedging tools. The order functionality of MT4 makes trading on it one of the most precise and flexible platforms around.
Download MT4 Trading Platform
The simplest way to download the right version of MT4 is to download it from the broker you want to trade with. There are currently over 600 brokers offering MT4 to their clients. But it’s important to make sure you only open an account with a UK regulated MT4 Broker where you get the best services and regulatory protection from the FCA.
Compare MT4 Brokerage Accounts
If you don’t know where to start when looking for an MT4 broker, use our comparison service. We provide a comparison table to UK based MT4 brokers. These brokers are all regulated and of good reputation – as well as being well established MT4 providers. It is very important that when you choose to lodge funds with a broker that they are properly protected. Your best chance of being as secure as possible is to only trade with a UK based broker that is regulated by the FCA (Financial Conduct Authority).
Automated Trading on MetaTrader 4
One of the strongest and most popular features is the ability to trade automatically on MT4. The automatic trading feature has been active since 2006 and tens of thousands of traders have used the function. The automated trading is two sided so you can either follow other traders via copy trading or upload your own code to the market place and sell it to potential followers in the MT4 market place where traders can buy robots & indicators. In the market place you’ll also find the complete array of MT4 signals and can search by filters to find a Forex trading signal.
Mobile Trading with Metatrader 4
Unlike many other mobile trading platforms, MT4 iPhone & iPad and Android OS MT4 trading platforms and mobile technology are almost identical to the desktop version. You get the same functionality, access, trading options and the ability to analyse technical analysis on the move. If you want to try out the MT4 Mobile platforms open an account with one of the MT4 brokers in our comparison tables.
Who are the best FCA Regulated MetaTrader 4 (MT4) Brokers?
FCA regulation is one of the most important factors when choosing your MT4 broker. An MetaTrader 4 broker being FCA regulated means that as a client your funds are pretected and you can be sure that your broker needs to adhere to a stricter set or rules than brokers regulated else where.
There are many other issues that an MT4 broker being regulated by the FCA will probably be better at too - these include compliance, Anti Money Laundering (AML) and customer service. Being a fully FCA regulated MetaTrader 4 broker will also mean that the company is based in the UK, meaning you can pop in and visit your broker if yo have any questions you'd like to ask in person.
Most brokers are happy to take face to face client meetings - even though MT4 is an online platform brokerage in the UK is still a relationships business and most account executives will work hard to keep clients happy and informed.
Here are the Top Three FCA regulated MT4 (MetaTrader 4) Brokers in the UK at the moment.
- ETX Capital have been going since 1965 and in 2002 launched a private client service TradIndex, then in 2002 re-branded this as ETX. They are a well-established broker and provide excellent customer service. Their MT4 offering is pretty good and provides access to a full range of markets that are also available on their other trading platforms.
- IG are one of the oldest spread betting brokers and as such are very innovative. They rely mainly on their own in house platform to cater to their 100,000 or so active clients. But also provide MT4.
- City Index are another of the big spread betting brokers. Again they offer their own platform and solid access to the markets with some very tight spreads on major pairs. If you have traded MT4 with City Index let us know how you got on by reviewing City Index MetaTrader 4 offering.