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2026 Annual Reviewv2026.2

2026 annual review

Best MT4 Forex Brokers (2026)

MT4 has outlived every platform that was meant to replace it. These brokers still maintain MetaTrader 4 as a supported terminal for live accounts, ranked on the same eight-pillar review we apply to everything on this site.

Ranked on the weighted overall review score across all eight pillars. · Reviewed by James Cole · Registers checked by Priya Nair · Updated August 2026

Shortlist

The ranking at a glance

6 brokers qualified from 141 tested.

#BrokerOverallTrustEUR/USDMin. dep.Awards won
1Pepperstone9.0870.60noneVisit
2FxPro8.9780.90$100
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Visit
3FOREX.com8.8931.00$100
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Visit
4City Index8.7830.50$100
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Visit
5CMC Markets8.7890.50none
—
Visit
6IG Group8.7930.60noneVisit
Notes

Why each broker placed where it did

01

Pepperstone

Maintains MetaTrader 4 for live accounts, with a weighted review score of 9.0/10 and 3 verified tier-1 licence(s).

Pepperstone delivers a compelling package for serious traders, combining strong regulatory oversight with tight spreads and a comprehensive platform selection. While its research offerings are not the most extensive, the core trading experience is solid and reliable.

9.0trust 87Full report
02

FxPro

Maintains MetaTrader 4 for live accounts, with a weighted review score of 8.9/10 and 1 verified tier-1 licence(s).

FxPro stands as a reputable and well-established broker, founded in 2006 and headquartered in London. Its primary strength lies in its robust regulatory framework, featuring licenses from the FCA, CySEC, FSCA, and SCB, which instils confidence regarding fund security and operational transparency. The platform selection is a significant advantage, offering the industry-standard MetaTrader 4 and 5, alongside cTrader, appealing to a wide spectrum of trading preferences. Competitive pricing, particularly on raw spread accounts, further enhances its appeal. While its educational content could be more comprehensive for beginners, the broker's focus on execution quality and diverse market access positions it strongly for experienced CFD traders.

8.9trust 78Full report
03

FOREX.com

Maintains MetaTrader 4 for live accounts, with a weighted review score of 8.8/10 and 4 verified tier-1 licence(s).

FOREX.com stands as a highly regulated and proficient broker, particularly suited for dedicated forex traders. Its combination of strong regulatory backing, competitive pricing for active users, and advanced trading platforms establishes it as a credible option within the retail forex market.

8.8trust 93Full report
04

City Index

Maintains MetaTrader 4 for live accounts, with a weighted review score of 8.7/10 and 2 verified tier-1 licence(s).

City Index stands as a highly regulated and experienced broker, offering a competitive trading environment with a strong selection of platforms. Its historical presence and association with a Nasdaq-listed parent company reinforce its credibility. While certain operational details like the exact minimum deposit require direct verification, the overall proposition is robust for serious traders.

8.7trust 83Full report
05

CMC Markets

Maintains MetaTrader 4 for live accounts, with a weighted review score of 8.7/10 and 3 verified tier-1 licence(s).

CMC Markets is a well-established broker that provides a secure trading environment through its robust regulatory framework and long operational history. Its proprietary Next Generation platform offers advanced tools for experienced traders, while the zero minimum deposit makes it accessible for newcomers. The stated competitive spreads, alongside a comprehensive product range, positions CMC Markets as a strong contender for traders prioritising both security and sophisticated trading capabilities.

8.7trust 89Full report
06

IG Group

Maintains MetaTrader 4 for live accounts, with a weighted review score of 8.7/10 and 7 verified tier-1 licence(s).

IG Group, founded in 1974 and listed on the London Stock Exchange, represents a robust choice for retail and professional traders. Its extensive regulatory framework, competitive pricing for key instruments, and comprehensive platform options are significant advantages. The recent FINRA disciplinary action against its US subsidiary, tastytrade, for reporting failures, however, highlights an area where internal compliance oversight warrants attention.

8.7trust 93Full report

We may earn a commission when a reader opens an account through a link on this page. It has no bearing on the order above, which is produced mechanically from the measurement named at the top of the page. See the methodology and affiliate disclosure.