Best MT4 and MT5 Brokers for 2026, Including US Picks

Written by Steven Hatzakis
Director of Online Broker Research

Fact-checked by Joey Shadeck
Research Analyst

Edited by John Bringans
Managing Editor

October 05, 2026

Fact Checked

Steven Hatzakis
Director of Online Broker Research

Steven Hatzakis is the Global Director of Online Broker Research and Partner with Reink Media Group, parent of StockBrokers.com. He has spoken and moderated numerous forex and finance industry panels across the globe and has been in the finance industry for more than 20 years.

See full bio

Why you can trust us

Led by Jessica Inskip, Director of Investor Research, the StockBrokers.com research team collects thousands of data points across hundreds of variables. We evaluate features important to every kind of investor, including beginners, casual investors, passive investors, and active traders. We carefully track data on margin rates, trading costs, and fees to rate stock brokers across our proprietary testing categories.

Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on StockBrokers.com. Learn more about how we test.

Whether you're a beginner trader or an experienced stock market investor, diversifying into other asset classes has become an increasingly common strategy as online brokers and trading platforms move toward a truly multi-asset future.

The MetaTrader platform suite, which includes MetaTrader 4 and MetaTrader 5, remains one of the most widely supported choices for crossing from securities into foreign exchange (forex) trading. MT5 in particular extends beyond forex to support stock and futures trading directly, making it a flexible option for multi-asset traders. In this guide, we cover the best MetaTrader brokers for 2026 based on our independent research and testing.

Best MetaTrader brokers for stock trading in 2026

The best MetaTrader brokers for 2026 are IC Markets, CMC Markets, FOREX.com, tastyfx, and BlackBull Markets. FOREX.com and tastyfx are the two that accept U.S. clients.

To build this list of the best MetaTrader brokers for 2026, our research team evaluated each broker across our full Trust Score framework, platform quality, pricing transparency, available MetaTrader versions (MT4 and MT5), execution quality, and supported markets. Every broker below was independently tested and verified to offer MetaTrader as part of its platform lineup.

Overall Score

4.5/5

Best broker for MetaTrader

Minimum Deposit: $200
Trust Score: 83
Tradeable Symbols (Total): 7435

Why we like it

Review

IC Markets’ competitive pricing and scalable execution make it an excellent option for algorithmic traders. IC Markets delivers an impressive range of social copy-trading platforms and platform plugins, and the broker’s research and educational offerings have recently improved.

Pros

0.72-pip all-in EUR/USD cost on the Raw Spread account.
3,500+ symbols with strong support for algorithmic and high-volume trading.
Multiple third-party platforms (MT4, MT5, cTrader, TradingView) with integrated plugins.

Cons

Real share trading is restricted to Aussie stocks via IC Shares (Australian residents only).
No proprietary trading platform or in-house app.
Research and education trail category leaders.

Overall Score

5.0/5

Cash equities via CMC Invest

Minimum Deposit: $0
Trust Score: 99
Tradeable Symbols (Total): 21710

Why we like it

Review

CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of nearly 12,000 tradeable instruments. CMC Markets’ proprietary Next Generation trading platform is packed with quality research and innovative trading tools.

Pros

12,000+ instruments and 303 forex pairs available.
Next Gen platform is packed with tools, charts, and research.
Industry-best pricing with low spreads and active trader perks.

Cons

MetaTrader 4 has fewer symbols and limited product depth.
No automated trading on CMC's proprietary platform.
Education lacks progress tracking or interactive features.

Overall Score

5.0/5

Full MT suite, plus stocks

Minimum Deposit: $100
Trust Score: 99
Tradeable Symbols (Total): 5500

Why we like it

Review

FOREX.com (StoneX) is known for providing forex traders a well-rounded offering. It is publicly traded and offers FX traders a large variety of trading tools. Beyond offering its own proprietary trading platform, FOREX.com also offers the full MetaTrader suite to customers, making it an ideal choice for investors of all experience levels.

Pros

Standard and RAW Pricing accounts available.
VIP cash rebates for high-volume traders.
Backed by Fortune 100 StoneX Group.

Cons

U.S. standard account averaged 1.62 pips on EUR/USD.
Forex-only for U.S. clients (no CFDs).
Tools spread across multiple platforms.

Overall Score

5.0/5

MT4 and MT5, forex only

Minimum Deposit: $0
Trust Score: 99
Tradeable Symbols (Total): 85

Why we like it

Review

tastyfx, IG’s newest brand, provides an experience specifically designed for U.S. forex traders. tastyfx delivers a 1.15-pip average EUR/USD spread on its commission-free standard account, advanced trading tools, and an excellent platform suite for web and mobile. Under the IG brand, it has won many of ForexBrokers.com's most prestigious Annual Awards and ranks at or near the top of nearly every major category.

Pros

Five platforms including MT4, MT5, TradingView.
Backed by IG Group, eight Tier-1 regulators.
No minimum deposit, commission-free standard account.

Cons

Forex-only (no CFDs or stocks for U.S. clients).
IG Academy not integrated into tastyfx.
ProRealTime charges monthly fee below volume threshold.

Overall Score

4.5/5

Full MT suite and BlackBull Shares

Minimum Deposit: $0
Trust Score: 77
Tradeable Symbols (Total): 26000

Why we like it

Review

BlackBull Markets offers multiple platforms, including the full MetaTrader suite (MetaTrader 4 and MetaTrader 5), cTrader, TradingView, and multiple social copy trading apps. It also offers a growing range of third-party trading tools from Autochartist and Acuity. In our 2026 Annual Awards, BlackBull Markets earned Best in Class honors for Range of Investments.

Pros

Real share and ETF investing via BlackBull Invest (powered by Interactive Brokers' TWS).
26,000+ tradeable symbols across stocks, forex, and CFDs.
Broad platform support: MetaTrader, cTrader, and TradingView, plus multiple copy trading tools.

Cons

Education content is thin compared to top brokers.
No proprietary mobile app.
Relatively small number of regulatory licenses.

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Top picks for MetaTrader brokers

1. IC Markets - Best broker for MetaTrader

Overall Score

4.5/5

MetaTrader 4 (MT4)

Yes

MetaTrader 5 (MT5)

Yes

IC Markets' MetaTrader 4 and MetaTrader 5 are formidable options for manual and algorithmic trading, including for scalping, and come packed with add-ons and plugins to enhance the default MetaTrader setup.

A loaded toolkit. MetaTrader users at IC Markets gain access to the Advanced Trading Tools package, a suite of platform add-ons developed by FX Blue. IC Markets also provides installable third-party plugins from Trading Central and Autochartist. Together these expand charting, order management, and signal generation well past what the stock MetaTrader build offers, without forcing you onto a separate platform.

Built for execution speed. The IC MetaTrader 4 and 5 servers sit in the Equinix NY4 data center in New York, cross-connected to pricing providers for low-latency fills. There are no trading restrictions, no minimum order distance, and a freeze level of zero, so you can place orders right up against the market price. On the Raw Spread account, EUR/USD averaged 0.02 pips, or 0.72 pips all-in with the $7.00 round-turn commission. MetaTrader carries a higher commission at IC Markets than cTrader or TradingView.

Steven's take:

"When I'm testing a broker for algo and scalping strategies, execution conditions tell me more than headline spreads. IC Markets' zero freeze level and NY4 hosting are exactly what serious automated traders should be looking for."

Steven Hatzakis
Director of Online Broker Research

Proven track record. It's also worth noting that in the ForexBrokers.com Annual Awards, IC Markets has won the top spot for MetaTrader for four years straight. Learn more by reading my IC Markets review over at ForexBrokers.com.

2. CMC Markets - Cash equities via CMC Invest

Overall Score

5.0/5

MetaTrader 4 (MT4)

Yes

MetaTrader 5 (MT5)

Yes

CMC Markets is our top choice for MetaTrader brokers that offer cash equities or the ability to trade actual shares (not CFDs). While CMC Markets does offer CFDs on its MT4 platform to non-US investors, shares are available on its CMC Invest platform (depending on your country of residence and the applicable CMC Markets entity that holds your account).

Both MetaTrader platforms, plus FX Blue extras. CMC Markets offers MT4 globally and MT5 in select regions, including the U.K., Australia, and Canada. MT5 brings more order types, a built-in economic calendar, and hedging alongside netting, and it adds share CFDs that MT4 lacks. The broker pairs this with no restrictions on scalping strategies and a dozen FX Blue add-ons, including a mini terminal, correlation matrix, and sentiment trader, plus 15 extra indicators.

FX Active fees for active traders. The FX Active account pairs MetaTrader with minimum spreads of zero and a commission of 0.0025% of notional per side, or $5.00 round turn on a standard lot. EUR/USD averaged 0.65 pips on FX Active, or 1.15 pips all-in. The standard account averaged 1.3 pips. You can also link a TradingView account to trade CMC pricing through TradingView's charts.

Highly trusted and forex-deep. CMC Markets is a highly trusted, publicly traded (LSE: CMCX) broker regulated across multiple Tier-1 jurisdictions. Traders who are interested in dabbling in the forex market will find a wide selection of tradable symbols; CMC Markets has nabbed the ForexBrokers.com Annual Award for #1 Most Currency Pairs three years in a row. Check out my CMC Markets review on ForexBrokers.com.

3. FOREX.com - Full MT suite, plus stocks

Overall Score

4.5/5

MetaTrader 4 (MT4)

Yes

MetaTrader 5 (MT5)

Yes

FOREX.com, part of StoneX (NASDAQ: SNEX), is a highly trusted, top-ranking forex broker that offers the full MetaTrader suite (both MT4 and MT5). FOREX.com also offers a proprietary platform suite, and multiple account types depending on your trading needs, including MetaTrader in the U.S. and globally. U.S. clients can open MT5 on either the spread-only or RAW account. The U.S. spread-only account averaged 1.62 pips on EUR/USD in October 2025 data provided by FOREX.com, and the U.S. RAW account adds a $14 round-trip commission.

A well-equipped MetaTrader setup. Traders at FOREX.com gain access to third-party platforms like Trading Central and MetaTrader add-ons from FX Blue including Expert Advisors (EAs), which give a boost to the brokers' overall MetaTrader offering. The broker bundles a suite of nine ready-to-use EAs and 15 custom indicators as a free download for both MT4 and MT5, along with FX Blue live sentiment data, so algorithmic and discretionary traders both have plenty to work with out of the box.

Education that has won awards. FOREX.com's high-quality educational content helped it win the ForexBrokers.com 2024 Annual Award for #1 Interactive Educational Experience. The depth here makes FOREX.com a solid landing spot for traders newer to MetaTrader who want to grow into automated strategies.

Feedback on your trading. Clients also benefit from FOREX.com's in-house Performance Analytics, which combines behavioral finance and quantitative analysis of your trading history to deliver feedback on a per-trade and post-trade basis. Find out more by reading my FOREX.com review.

4. tastyfx - MT4 and MT5, forex only

Overall Score

5.0/5

MetaTrader 4 (MT4)

Yes

MetaTrader 5 (MT5)

Yes

Part of the IG Group, tastyfx is a forex-only broker built for U.S. traders, and it now offers MetaTrader 4 and MetaTrader 5 alongside its proprietary web platform, TradingView, and ProRealTime. With 85 currency pairs, it covers more forex ground than most U.S. competitors, even though it sticks strictly to spot forex with no other asset classes.

MetaTrader add-ons and a low barrier to entry. tastyfx layers third-party signals from Autochartist and PIA First into the platform, plus a range of extra MT4 indicators and add-ons for traders who want more than the default setup. The standard account charges no commission and has no minimum deposit. EUR/USD averaged 1.15 pips on the standard account during testing. The Zero+ account charges $5 per side and lands at 0.95 pips all-in. Find out more by reading my tastyfx review on ForexBrokers.com

5. BlackBull Markets - Full MT suite and BlackBull Shares

Overall Score

4.0/5

MetaTrader 4 (MT4)

Yes

MetaTrader 5 (MT5)

Yes

BlackBull Markets offers both MetaTrader 4 and MetaTrader 5 for desktop, web, and mobile, alongside cTrader, TradingView, and its own BlackBull Shares platform (powered by Interactive Brokers' TWS). The New Zealand-based broker runs ECN execution on MetaTrader for algorithmic and active traders. The Prime account averaged 0.16 pips on EUR/USD, or 0.76 pips all-in after a $6 round-turn commission. The commission-free Standard account averaged 1.16 pips.

A plain setup with room to grow. Where some brokers pile on plugins, BlackBull keeps its MetaTrader offering straightforward, with no proprietary add-ons layered on top of the default platform. What you get is a clean, reliable build paired with a growing product range and support for a handful of third-party social copy trading platforms. For traders who want MetaTrader without the extras, that simplicity is part of the appeal. Learn more by reading my BlackBull Markets review.

FAQs

Is MetaTrader a broker?

No. MetaTrader is trading software, not a broker. MetaQuotes develops MT4 and MT5 and licenses them to brokers, so you need an account with a broker that offers MetaTrader to trade on it. The platform is free to use. Your costs come from the broker's spreads, commissions, and fees, and your broker decides which markets you can trade.

Which brokers offer MetaTrader 4?

All five brokers on this list offer MT4: IC Markets, CMC Markets, FOREX.com, tastyfx, and BlackBull Markets. FOREX.com and tastyfx are the two that offer MT4 to U.S. clients.

Most brokers list fewer markets on MT4 than on MT5 because MT4 caps the number of symbols. BlackBull lists 311 symbols on MT4 and 2,500 on MT5. CMC Markets limits its MT4 offering to 1,024 instruments.

Feature	MT4	MT5
Chart timeframes	9	21
Built-in indicators	30	38
Order types	4	6
Position handling	Hedging only	Hedging and netting
New broker licenses	Not issued since 2018	Available

MT5 passed MT4 in trading volume at the start of 2025.

Can you use MetaTrader to trade stocks?

Yes, MetaTrader 5 (MT5) supports stock trading and is offered by a growing number of the best international stock brokers. Whether you can trade stock CFDs or cash equities (exchange-traded securities and funds) will depend on your broker and country of residence. Though MT5 supports the ability to trade stocks, MT4 does not. The range of markets available to you will depend entirely on your broker.

Note: Many brokers that offer stock trading on MT5 do not accept U.S. clients, and some brokers may only offer stocks on MT5 as CFDs.

Does MetaTrader 4 (MT4) support stock trading?

Generally speaking, MT4 supports only a handful of stocks, indices and derivatives, because the range of symbols that can be added is limited to just over 1,200, and its technology infrastructure is not compatible for integration with stock exchanges. MetaTrader 5 (MT5) supports thousands of symbols and is the de facto choice for brokers when integrating stocks into their MetaTrader platforms.

Which US brokers offer MetaTrader 5?

FOREX.com and tastyfx both offer MT5 and MT4 to U.S. clients, and they are the only two brokers on this list that accept U.S. residents. tastyfx also offers MT5 inside an IRA.

Yes, the MetaTrader platform suite is available in the U.S. from the following U.S.-regulated brokers in 2026:

tastyfx (powered by IG): Offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
FOREX.com (part of StoneX Group): Offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
OANDA: Offers MetaTrader 4 (MT4) in the U.S., and MetaTrader 5 (MT5) only outside the U.S.
Trading.com: Only offers the MetaTrader 5 (MT5) platform.

It’s worth noting that most forex brokers offering stock trading on MT5 are international and offer them as contract for differences (CFDs), which are not available to U.S. residents. This means that while you can use MT5 in the U.S., the range of products that you can trade will generally be limited to forex and metals.

Can I trade US30 on MetaTrader 5?

Yes, in most cases (depending on the broker you choose) indices are typically available from regulated MT5 brokers alongside their forex and stock offering. The US30 aims to track the underlying price of the futures index for the Dow Jones Industrial Average (DJIA) based on the 30 stocks that comprises the index. Brokers try to replicate the index and offer it as a CFD or futures product.

Our research

Why you should trust us

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

All content on StockBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Read our Generative AI policy to learn more.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust.

How we tested

In order to assess the best brokers for traders looking to use the MetaTrader 5 platform, we researched and tested each individual broker’s MetaTrader offering.

We examine a wide range of features and evaluate forex brokers based on our own data-driven variables. We determine whether the broker offers the MetaTrader 4 and/or MetaTrader 5 software developed by MetaQuotes Software Corp, and we look for a number of supplementary features that can distinguish MetaTrader offerings. Features that our researchers look for include custom Expert Advisors (Experts or EAs), the availability of the signals market, the ability to use VPN, the number of account types and execution methods, among a host of other data-driven variables.

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About the Editorial Team

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.

Joey Shadeck is the Content Strategist and Research Analyst for StockBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to 10 years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

John Bringans is the Managing Editor of StockBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.