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Best MT4 Forex Brokers

Top MetaTrader 4 forex brokers ranked by trust score and trading costs.

Top 10 brokers — best mt4 forex brokers

#1 IC MarketsTrust 9.3/10
ASIC
CySEC
FSA-Seychelles

One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.

Min deposit:
$200
Leverage:
1:500
EUR/USD:
0.10 pips
Commission:
$7/lot
Read full review →
#2 PepperstoneTrust 9.2/10
ASIC
FCA
CySEC

Award-winning Australian broker, top choice for cTrader and algo traders. Razor account offers raw spreads with $7/lot commission.

Min deposit:
$200
Leverage:
1:500
EUR/USD:
0.09 pips
Commission:
$7/lot
Read full review →
#3 IGTrust 9.1/10
ASIC
FCA
BaFin

Worlds largest CFD provider. LSE-listed (IGG) since 1974. Regulated globally including US CFTC. ProRealTime, MT4, and own platforms.

Min deposit:
$0.00
Leverage:
1:200
EUR/USD:
0.60 pips
Commission:
$0.00/lot
Read full review →
#4 OANDATrust 9.0/10
ASIC
FCA
CFTC-NFA

One of the most trusted forex brokers worldwide. Founded 1996, regulated by 6+ tier-1 authorities including US CFTC. No minimum deposit, transparent pricing, deep institutional liquidity.

Min deposit:
$0.00
Leverage:
1:200
EUR/USD:
0.30 pips
Commission:
$0.00/lot
Read full review →
#5 CMC MarketsTrust 8.9/10
ASIC
FCA
BaFin

LSE-listed UK broker (CMCX) since 1989. Award-winning Next Generation proprietary platform. 12,000+ instruments. Strong choice for UK and AU traders.

Min deposit:
$0.00
Leverage:
1:500
EUR/USD:
0.30 pips
Commission:
$0.00/lot
Read full review →
#6 FP MarketsTrust 8.9/10
ASIC
CySEC
FSCA

Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.

Min deposit:
$100
Leverage:
1:500
EUR/USD:
0.10 pips
Commission:
$6/lot
Read full review →
#7 Forex.comTrust 8.8/10
CFTC-NFA
FCA
ASIC

StoneX Group subsidiary. Strong US presence with CFTC-NFA regulation. Raw account with 0.0 pips spread plus $5/lot commission.

Min deposit:
$100
Leverage:
1:400
EUR/USD:
0.20 pips
Commission:
$5/lot
Read full review →
#8 VantageTrust 8.8/10
ASIC
FCA
CIMA

AU-headquartered broker with strong global presence. Competitive Raw account, copy trading via DupliTrade and ZuluTrade integration.

Min deposit:
$50
Leverage:
1:500
EUR/USD:
0.20 pips
Commission:
$6/lot
Read full review →
#9 TickmillTrust 8.7/10
FCA
CySEC
FSA-Seychelles

Cost-leader broker with industry-low $4/lot commission on Pro account. FCA regulated. No-frills, execution-focused broker for serious traders.

Min deposit:
$100
Leverage:
1:500
EUR/USD:
0.10 pips
Commission:
$4/lot
Read full review →
#10 BlackBull MarketsTrust 8.6/10
FMA-NZ
FSA-Seychelles

New Zealand-headquartered broker, FMA regulated. ECN execution with no minimum deposit on Standard account. Excellent fit for NZ residents.

Min deposit:
$0.00
Leverage:
1:500
EUR/USD:
0.10 pips
Commission:
$6/lot
Read full review →

FAQ

How do you rank brokers in this category?

We weight regulation, trust score, EUR/USD spread, commission per lot, platform support, and execution policy. We never accept payment for ranking.

Are these brokers safe?

All brokers in our top picks are regulated by at least one tier-one authority (ASIC, FCA, FMA, CySEC, or MAS). Always verify the entity you're signing up with — many brokers run multiple legal entities with different protections.

Do you earn a commission?

Yes. We earn an affiliate commission when you sign up through our links, at no extra cost to you. This funds the site and never affects our rankings.