Best MT4 Brokers 2026: The Desk’s MetaTrader 4 Picks
Broker Desk, 2026
By Ken Chigbo, Founder, KenMacro, UK macro desk. Updated 2026-06-04.
The short answer
Spreads run raw from 0.0 pips with commission or standard from around 1.1 pips, the minimum is $100, and leverage reaches 1:500 on the offshore entity. Regulation sits with ASIC and FSCA for those regions, with offshore coverage for most retail clients, which is the trade you make for the leverage. UK residents are not accepted, so confirm the entity for your region before funding. Blueberry Markets, IC Markets and Star Trader also run MT4 and earn places on the page for specific jobs: TradingView and copy trading, raw ECN scalping, and high published leverage respectively. The pick reflects platform breadth, pricing and fit with a macro desk workflow rather than headline leverage alone.
The desk verdict
Who this is for
This page is for traders who already know they want MetaTrader 4 and need a broker that runs it properly, not as an afterthought. The desk judged each name on the MT4 build itself, the pricing you actually pay (raw plus commission or standard mark-up), the minimum to get live, the leverage on offer, and the regulatory entity you are likely to be onboarded under. We flagged who each broker suits and, just as importantly, who should look elsewhere. Because KenMacro routes through a real macro desk rather than a generic affiliate funnel, the watch-outs are written plainly: offshore entities, regional restrictions and account minimums are called out so you can match the broker to your size, style and jurisdiction.
The comparison
How the desk scores brokers
No paid placement decides these rankings. The desk weighs regulation and client-fund protection, the true all-in trading cost, the withdrawal and support record, platform and execution quality, and fit by trader type. Affiliate relationships are disclosed: KenMacro may earn a commission if you open an account through a link, at no cost to you, and that never changes the order. Every broker listed has been checked against its public regulator record.
The brokers, ranked
Blueberry Markets
Blueberry Markets is the pick if you want MT4 in the same account as cTrader and TradingView, with copy trading bolted on. The Direct account quotes raw from 0.0 pips with roughly $7 round-turn commission, the minimum is $100, and leverage runs to 1:500 offshore. Tier-1 protection only applies under the ASIC entity (AFSL 535887); most retail clients are onboarded via Mauritius FSC or Vanuatu VFSC.
Best for: all-round trading, copy trading and TradingView users. Regulation: ASIC for Australia; offshore (Mauritius FSC, Vanuatu VFSC) for most retail clients. Platforms: MT4, MT5, TradingView, cTrader. Watch-out: tier-1 protection only under the ASIC entity; most retail clients are onboarded offshore.
Star Trader
Star Trader earns a place for traders chasing high published leverage and copy tools on MT4 or MT5, with a low $50 minimum. Spreads are competitive but account-dependent, so price the exact account before committing size. Regulation is offshore for retail clients, so weigh the protection trade-off carefully against the leverage on offer.
Best for: high leverage and copy tools. Regulation: offshore for retail clients. Platforms: MT4, MT5. Watch-out: offshore regulation, so weigh protection against the leverage on offer.
IC Markets
IC Markets is the MT4 choice when raw spreads and scalping matter most. The Raw Spread account quotes true ECN from 0.0 pips, and you can run MT4 next to MT5 or cTrader on the same login. The minimum is $200, higher than the others on this page, and most retail clients sit under the Seychelles FSA entity rather than ASIC or CySEC.
Best for: the tightest raw spreads, scalping and cTrader. Regulation: ASIC and CySEC for those regions; Seychelles offshore for most retail. Platforms: MT4, MT5, cTrader. Watch-out: the $200 minimum is higher than some, and the regulation is offshore for most retail.
Quick routing
If TradingView charting plus copy trading on MT4 matters more, Blueberry Markets is the cleaner fit, especially if you also want cTrader on the same account. If you are scalping and the raw spread is the only number that counts, IC Markets and its true ECN Raw Spread account is the desk’s call, assuming the $200 minimum is comfortable. If high published leverage and a $50 entry are the priority, Star Trader is the route, with offshore protection priced in.
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Frequently asked
Which broker is best for MetaTrader 4 in 2026?
Leverage reaches 1:500 on the offshore entity, with ASIC and FSCA covering their respective regions. UK residents are not accepted, so confirm which entity applies to you before opening an account.
Do all these brokers actually support MT4?
Yes. Blueberry Markets, IC Markets and Star Trader both offer MetaTrader 4. Blueberry and IC Markets pair it with MT5 and Blueberry also add TradingView, with Blueberry and IC Markets offering cTrader as well. Star Trader keeps it simple with MT4 and MT5. If you want MT4 next to TradingView in the same broker, Blueberry is the natural choices.
What is the cheapest MT4 broker for raw spreads?
On raw pricing, IC Markets quotes true ECN from 0.0 pips on the Raw Spread account and is the desk’s pick when the spread is the only number that matters. Blueberry Markets also quote raw from 0.0 pips with commission on their respective raw or Direct accounts. The right answer depends on the round-turn commission and your typical trade size; price the exact account against your strategy before deciding.
What is the minimum deposit to trade MT4 with these brokers?
Minimums on this page range from $50 to $200. Star Trader is the lowest entry at $50. Blueberry Markets starts at $100, which is the desk’s preferred entry point for serious MT4 use because it unlocks the main account types. IC Markets sits at $200, higher than the others but in line with its raw ECN positioning. Match the minimum to the size you actually intend to trade.
Is it safe to trade MT4 with an offshore broker?
It depends on your tolerance for the trade-off. Offshore entities (Seychelles FSA, Mauritius FSC, Vanuatu VFSC and similar) typically allow higher leverage, up to 1:500 on Blueberry and IC Markets, but offer less retail protection than ASIC, CySEC or FSCA. If tier-1 protection matters more than leverage, ask to be onboarded under the ASIC or CySEC entity where eligible. Star Trader is offshore-only for retail clients, so weigh that carefully.
Educational and general information only, not financial advice. CFDs and forex are complex, leveraged instruments and a high percentage of retail accounts lose money. Check a broker’s regulation and the exact entity you are onboarded under before depositing. KenMacro has commercial partnerships with some brokers referenced and may earn a commission if you open an account, at no cost to you.
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