The best MT4 Forex Platforms

I do 90% of my trading on etoro these days, and they don't offer an MT4 platform.  I love the webtrader, but there are people who still like the “oldschool” software and want to use something like MT4.    If you don't know what MT4 is then I wouldn't bother learning about it – just use something like plus500 or etoro that offers something more modern.  But if you do want to use it, then here the two brokers I recommend:


XM offers MT4 for PC, MAC and a WebTrader, so no matter what you use you're going to be covered.   While many other brokers are focusing on expanding the number of investment products they offer, XM is still hardcore forex focused and offers some of the best spreads out there.

As a broker they've been around for ages and have earned a solid reputation.  You can try them out with a free virtual account to see if they're for you, or just jump in with a free $30 no deposit bonus which is nice.  When people ask me what the best forex broker is, I usually point them to XM as it's never let me down.

Find out more about XM


EasyMarkets (used to be easyforex) offers more than Forex but they still offer MT4 for trading.  So if you're looking to trade in much more than forex, then this is the platform for you.  I love the fact that they offer a huge range of stocks including the Australia top 200.

EasyMarkets are really looking to innovate and push the broker game forwards.  For example, their new “risk free” trading option allows you to optionally add Deal Cancellation to your trade, so you can cancel a losing trade without losing any money!  Sounds pretty awesome to me.

Find out more about EasyMarkets

What's your favorite MT4 broker?  Let me know in the comments.

Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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