MetaTrader 4 (MT4) is a widely used trading platform for its user-friendly interface and robust features. However, in the USA, only a limited number of brokers offer MT4 as the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) set stringent regulatory requirements.
When you know how to trade forex, choosing a suitable broker and the right trading platform is crucial in maximizing your profits. Before reading this article, check our top forex trading strategies that help you enhance your profit potential.
Quick insights
The 3 best MT4 brokers in the USA are namely:
Top 3 MT4 Forex Brokers in the USA for 2025
As of 2025, the following are some of the top regulated forex brokers with MetaTrader 4 in the United States:
TastyFX
Tastyfx is recognized for its beginner-friendly approach as it offers MT4 with a minimum deposit of $100. They are known for their user-friendly interface and they provide competitive spreads. Below are the reasons why trade Forex on MT4 with Tastyfx.
- Low-latency FX trading
- Tight spreads on forex pairs
- Free MT4 trading add-ons
- MT4 mobile app platform
- Over 50 FX pairs to trade on
- FX support for MT4 traders
OANDA
OANDA is renowned for its competitive spreads and advanced trading platforms, including MT4. They also offer a range of currency pairs and provide quality analytics to assist traders. The minimum deposit requirement of $0 makes it accessible for traders with varying capital levels. MT4 in OANDA is largely preferred for the following reasons:
- Automated trading programs known as expert advisors (EAs)
- Advanced charting package to access (MT4 charts)
- Proprietary MT4 plug-in and premium upgrade
FOREX.com
FOREX.com is a popular, well-regulated US-based forex broker, and it provides access to a wide range of trading tools, including MT4. Below are the key reasons why traders prefer the FOREX.COM MT4 platform:
- The power of Expert Advisors (EAs)
- Advanced charts
- Secure
- One-tap trading
If you are looking for a regulated US forex broker that offers MT4, FOREX.com is a solid choice. With a good combination of platform features, regulatory safety, and customer support, FOREX.com ensures a secure trading environment for US residents.
Key Features to Look for in a Regulated US MT4 Broker
There are several key features you should consider when selecting a regulated US MT4 broker because you need to ensure you choose a reliable and trustworthy broker who meets your trading needs. The most important aspects to look for are here:
Regulation and compliance
It is quite important to make sure the broker is regulated by US authorities such as Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). Such regulations ensure that the broker adheres to strict standards for security, transparency, and client protection as well.
MT4 platform features
Traders should ensure the broker provides the complete features of MetaTrader 4 MT4, including advanced charting tools, multiple timeframes, and support for Expert Advisors (EAs) for automated trading.
Spreads and fees
You should look for forex brokers USA MetaTrader 4, who offer very low and competitive spreads on popular currency pairs such as EUR/USD. If you want to minimize trading costs, tight spreads are essential. It is also crucial to understand the broker’s commission structure as some brokers charge a commission per trade in addition to spreads, while others may charge only spreads. Unless you are clear on the total cost of trading, you may not be able to calculate your profit or loss.
Leverage
For forex trading, the maximum allowed leverage for retail traders is 50:1, which can limit the amount of margin you can use for trades. It is necessary to check if the leverage offered aligns with your trading strategy.
Execution speed
One of the most important aspects to look for in a broker is execution speed, that is fast order execution with minimal slippage.
Deposit and withdrawal options
Traders should ensure that the Forex broker MetaTrader4 offers a variety of secure and convenient payment methods for deposits and withdrawals, such as bank transfers, card payments, and online payment systems like PayPal or Skrill.
It is also necessary to check if we have affordable account minimums because some brokers require a higher deposit. The withdrawal process should also be smooth and timely.
Security measures
Other important features to look for is data protection and two-factor authentication (2FA). A regulated broker should use strong encryption and secure servers to protect your information. 2FA adds an additional layer of security to your account, which is critical for protecting your assets from unauthorized access.
Trading Conditions & Spreads of US Forex Brokers
The trading conditions and spreads you are offered are crucial to your trading costs and potential profitability when choosing a US-regulated forex broker. You need to know when to trade in forex to maximize your profits. You should also look for competitive spreads, low commission rates, appropriate leverage levels, and a suitable trading platform.
Tastyfx, OANDA, FOREX.com are the top 3 MT4 forex brokers listed in this article. They offer competitive trading conditions and low spreads compared to the other brokers in the market. However, it is essential to review their specific offerings depending on your needs.
How to Choose the Best Forex Broker for MetaTrader 4?
MetaTrader 4 MT4 and MetaTrader 5 MT5 are the most popular for their enhanced trading experience and are largely used forex trading platforms in the financial markets worldwide. Starting trading with MT4 is also quite easy for experienced traders.
There are steps to consider before choosing the best forex broker. If you want to know how to choose the best forex brokers MetaTrader 4, check below features that make MT4 a favorite among forex traders:
User-friendly interface
The best feature of MT4 is it allows you to tailor the platform’s layout and workspace to suit your needs. This platform has a simple, clean interface that is easy to navigate even for beginners.
Advanced charting and technical analysis tools
MT4 generally offers customizable charts including multiple timeframes and various other chart types. This platform includes over 30 built-in trading indicators, such as moving averages, Relative Strength Index (RSI), Bollinger Bands, and more. MT4 also provides drawing tools like trendlines, Fibonacci retracement, and channels, that help traders analyze price movements.
Automated trading with EAs
Automated trading via Expert Advisors (EAs) is one of the standout features of MT4. EAs are typically custom-built scripts that can automatically execute trades based on predefined strategies, thereby eliminating the need for manual intervention.
Order management and execution
MT4 supports multiple order types as follows:
- Market orders
- Pending orders
- Stop loss and take profit orders
- Trailing stop
- One-click trading
Security features
MT4 uses 256-bit encryption for secure data transmission between the broker’s server and your device and this ensures that your personal and financial data remains protected. Some forex brokers offer two-factor authentication (2FA) to secure your trading account.
Multi-device compatibility
MT4 is available for Windows and Mac computers and provides full functionality for desktop traders. The MT4 mobile trading app is also available for iOS and Android devices, which allows you to trade on the go and access your account from anywhere. Some brokers offer MT4 WebTrader to trade directly from your browser where you do not risk downloading or installing anything.
Cross-asset trading
MT4 is most commonly used for forex trading, yet it also supports other assets including commodities, indices, and cryptocurrencies. This feature helps traders diversify their portfolios within the same platform.
Conclusion
MT4 is an unbelievably powerful and versatile trading platform, that provides both beginner and advanced traders with the tools necessary for successful trading. Since MT4 supports advanced charting and technical analysis tools and also automated trading with Expert Advisors, it allows forex traders to implement and execute complex strategies with ease.
There are numerous and best forex trading apps offered by brokers worldwide. If you are serious about trading in the forex market or other asset classes, MT4 remains one of the top choices available.
Pro Tip
Always verify if your broker provides a demo account facility in their trading platforms. Explore our best forex brokers and find a suitable one using our broker finder tool. Discover numerous investment options including, finance, banking, crypto, trading, etc.
