In this article, I will cover the Best Crypto Broker for MT4 and their distinguishing features.
Be it lowest spreads, best execution speed, or advanced trading tools, I have got the right platform for your crypto trading needs. Let us checkout the best brokers who offer crypto trading on MT4.
Key Points Comparison of Crypto Brokers for MT4
| Broker | Key Point |
|---|---|
| IC Markets | Low spreads, high liquidity, ideal for scalping and EA trading. |
| Pepperstone | Ultra-fast execution, low commissions, and multiple MT4 add-ons. |
| FxPro | No dealing desk, competitive spreads, and negative balance protection. |
| HFM (HotForex) | Multiple account types, low minimum deposit, and strong regulation. |
| Eightcap | Tight spreads, crypto-focused, and robust MT4 support. |
| Admiral Markets | Advanced analytics tools, low-cost trading, and educational resources. |
| FBS | High leverage, user-friendly platform, and micro accounts available. |
| Exness | Instant withdrawals, 24/7 trading, and low spreads. |
| Octa | Commission-free trading, floating spreads, and fast execution. |
| VT Markets | Raw spreads, fast order execution, and reliable customer support. |
Top Crypto Broker for MT4 – Comprehensive Analysis
1. IC Markets
IC Markets boasts some of the most competitive conditions for forex spreads for MT4, starting from 0.0 pips, ideal for scalpers and day traders.
The firm has a reputation of high execution slippage during very fast market conditions, which is improved further by its deep liquidity and rapid order execution speeds.
Due to its sophisticated trading algorithms, automated trading strategies, and support for EAs, IC Markets also caters to algorithmic traders.
With 24/7 access to the markets, the broker is ideal for crypto trading. Being Australia’s broker and regulated by ASIC, CySEC and FSA, the firm has a robust framework that features negative balance protection.
Its reliability, low costs, and advanced trading features make IC Markets popular amongst crypto traders.
IC Markets – Crypto Broker for MT4 Overview
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.0 pips (raw spreads) |
| Leverage | Up to 1:500 |
| Execution Speed | Ultra-fast execution, low latency |
| Trading Instruments | Crypto CFDs, including BTC, ETH, LTC |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | ASIC, CySEC, FSA |
| Minimum Deposit | $200 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | Low-cost trading with deep liquidity |
2. Pepperstone
Pepperstone is well known for the low-cost crypto trading on MT4 with spreads as little as 0.0 pips. Their super fast execution speeds make Pepperstone great for high frequency and algorithmic traders.
The platform has sophisticated MT4 add-ons, such as Smart Trader Tools, which improves efficiency by giving out market information and automating trading activities.
Pepperstone trades a variety of crypto pairs with strong liquidity. The broker is regulated by ASIC, FCA, and BaFin which guarantees a safe trading environment.
Their competitive pricing, powerful MT4 tools, and robust regulations make it an ideal platform for crypto traders looking for efficiency and reliability.
Pepperstone – Crypto Broker for MT4 Overview
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.0 pips (Razor account) |
| Leverage | Up to 1:500 |
| Execution Speed | Ultra-fast with low latency |
| Trading Instruments | Crypto CFDs, including BTC, ETH, XRP |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | ASIC, FCA, BaFin |
| Minimum Deposit | $200 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | Low fees with advanced MT4 add-ons |
3. FxPro
With MT4, FxPro stands at the frontier of crypto trading, providing NDD execution with no additional broker interference, which guarantees fair and competitive pricing.
The broker provides a floating spread, starting from 0.3 pips, and guarantees negative balance protection to prevent traders from losing more than intended.
FxPro is a great option for technical traders due to its advanced charting features, customizable indicators, and EAs.
It has low slippage and fast order execution, which is ideal in highly volatile crypto markets. FxPro is well regulated by CySEC, FCA, and FSCA, making trading secure.
The combination of low spreads, fast execution, and strong regulation makes FxPro a trusted broker among crypto traders.
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.3 pips (floating spreads) |
| Leverage | Up to 1:200 |
| Execution Speed | Fast execution with NDD model |
| Trading Instruments | Crypto CFDs, including BTC, ETH, LTC |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | CySEC, FCA, FSCA |
| Minimum Deposit | $100 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | No-dealing-desk execution, low slippage |
4. HFM (HotForex)
This broker offers competitive spreads starting from 0.1 pips and a staggering 1:1000 leverage ratio which are a welcoming feature for both small and large scale traders.
A reliable name in the crypto trading space, HFM (formerly HotForex) stands out with its low trading costs and flexible account types.
Traders on HFM enjoy negative balance protection and quick trade execution with little slippage.
The platform caters to automated trading through EAs as well as provides a range of technical indicators for crypto analysis. The broker is regulated by CySEC, FCA and DFSA which provides traders an added layer of protection in the trading sphere.
The combination of low fees, negative balance protection, flexible leverage, and strong regulatory compliance makes HFM a solid option for traders.
HFM (HotForex) – Crypto Broker for MT4 Overview
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.1 pips (floating spreads) |
| Leverage | Up to 1:1000 |
| Execution Speed | Fast execution with low latency |
| Trading Instruments | Crypto CFDs, including BTC, ETH, XRP |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | CySEC, FCA, DFSA |
| Minimum Deposit | $5 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | Low deposit, flexible leverage options |
5. Eightcap
Through its fast execution and automated trading support with EAs, Eightcap stands out for actively providing more than 250 crypto CFDs.
The broker is one of the few crypto-centric ones that have remarkable support for MT4 with tight spreads reaching up to 0.0 pips, therefore making it a wonderful choice for crypto enthusiasts.
Aim is ideal for traders looking to focus on digital assets with low cost and reliable customer service.
As an added benefit, the broker is regulated by ASIC and SCB which guarantees its users a safe trading environment.
With its seamless integration to MT4 along low fees, Eightcap has solidified itself as a go-to platform for traders.
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.0 pips (raw spreads) |
| Leverage | Up to 1:500 |
| Execution Speed | Fast execution with low latency |
| Trading Instruments | 250+ crypto CFDs, including BTC, ETH |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | ASIC, SCB |
| Minimum Deposit | $100 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | Large crypto selection, low spreads |
6. Admiral Markets
Admiral Markets offers various types of trading in crypto through MT4, from scalping to day trading.
The broker is superbly rated online due to their variety of educational materials and offer of low-cost trading with starting spreads of 0.1 pips.
Their MetaTrader Supreme Edition comes with enhanced market sentiment analysis and advanced trading widgets alongside other features.
Admiral Markets is compliant with CySEC and FCA regulations, which is beneficial due to their fast execution, minimal slippage, and excellent reputation.
With balance protection, traders are also safeguarded from excessive losses. In sum, with its extensive educational content, competitive spreads, and feature-rich MT4 environment, Admiral Markets is fit for all traders, beginners and veterans alike.
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.1 pips (floating spreads) |
| Leverage | Up to 1:500 |
| Execution Speed | Fast execution with low latency |
| Trading Instruments | Crypto CFDs, including BTC, ETH, XRP |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | CySEC, FCA, ASIC |
| Minimum Deposit | $100 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | Advanced analytics and MT4 add-ons |
7. FBS
FBS offers lower entry costs and their promotions directly targets active traders. This allows novice and professional crypto traders alike to leverage their account starting from 1:3000 with more friendly automated trading options.
Pico accounts are also offered as a beginner friendly option and can be opened through MT4 with the minimum deposit.
EAs for automated strategies are supported alongside a fast execution speed guarantee that ensure commission-free trading.
Queries are also solved thanks to reliable customer support. Crypto trading is a simplified process due to FBS being regulated by IFSC and CySEC.
8. Exness
Exness is among the most popular crypto brokers for MT4, providing quick and instant withdrawals throughout the day.
The spreads start from 0.0 pips and leverage can go up 1:200. Additionally, Exness is also known for providing orders at blazing speed which makes it great for scalping and algorithmic trading.
It accepts EAs and provides advanced charting tools for technical analysis. Exness is regulated under CySEC, FCA, and FSA which enables the traders to feel secure and protected.
The brokers’ flexible and reliable services make Exness very popular among active crypto traders.
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.0 pips (raw spreads) |
| Leverage | Up to 1:200 |
| Execution Speed | Ultra-fast execution with low latency |
| Trading Instruments | Crypto CFDs, including BTC, ETH, XRP |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | CySEC, FCA, FSA |
| Minimum Deposit | $10 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | Instant withdrawals, low-cost trading |
9. Octa
Octa provides an effortless solution for users looking to perform commission-free crypto trading. Formerly known as OctaFX, Octa also provides an easy MT4 platform.
Spreads are free-floating, with the lowest point at 0.4 pips, and execution speed is among the top for the industry.
Octa enables losing balance protection, therefore users cannot lose more money than they deposited in the account.
EAs are accepted for automated trading and an array of risk management tools is offered. Regulated by CYSEC and FCA, Octa guarantees a safe environment.
The friendly user interface, competitive spreads, and swift execution make it the go-to place for most novice and expert users of crypto on MT4.
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.4 pips (floating spreads) |
| Leverage | Up to 1:500 |
| Execution Speed | Fast execution with low latency |
| Trading Instruments | Crypto CFDs, including BTC, ETH, LTC |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | CySEC, FCA |
| Minimum Deposit | $25 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | Commission-free trading, fast execution |
10. VT Markets
Setting a strong contending position in crypto trading on MT4, VT Markets provides fast order execution. The broker also provides low commissions and reliable liquidity which ensure minimal slippage.
EAs are supported, and advanced charting tools for detailed market analysis are offered. VT Markets offers negative balance protection, strong customer support, and protection from financial losses.
Being regulated by ASIC and FSCA ensures a safe trading environment. VT Markets is an attractive option for crypto traders seeking low trading costs, reliable execution, and strong customer support when trading on MT4.
VT Markets – Crypto Broker for MT4 Overview
| Feature | Details |
|---|---|
| Platform | MT4 (MetaTrader 4) |
| Spreads | From 0.0 pips (raw spreads) |
| Leverage | Up to 1:500 |
| Execution Speed | Fast execution with low latency |
| Trading Instruments | Crypto CFDs, including BTC, ETH, XRP |
| Automated Trading | Supports EAs and scalping strategies |
| Regulation | ASIC, FSCA |
| Minimum Deposit | $100 |
| Trading Hours | 24/7 crypto trading |
| Key Benefit | Low fees, reliable liquidity |
Why Is MT4 Important For Crypto Trading?
Advanced Charting and Analysis:
Traders, crypto or otherwise, can always do intensive research and analysis using charts and MT4 makes this even easier for them by offering advanced and powerful charting tools that come with templates, indicators, and multiple timeframes. With all of this in mind, crypto traders can be sure to perform a detailed analysis to make better-informed decisions based on the trends available.
Automated Trading With EAs:
With MT4, traders can use automated expert advisors, or EAs, which makes automation of crypto strategies possible. With these in place, trades can be made regardless of the trader’s availability to execute them, which brings efficiency and better results.
Fast Execution And Low Latency:
Rapid order execution is ensured with MT4. For traders who do scalping and high-frequency trading, minimum slippage is a requirement, especially when the crypto market opens and is very volatile.
User-Friendly Interface:
With the platforms’ easy construction, even new crypto traders will have no problem making trades or analyzing trades and data. As a whole, the interface makes things easier instead of more complicated.
Customization And Flexibility:
Tailor-made affiliates can benefit from third-party scripts, tools, and indicators on MT4 that come with unmatched flexibility when it comes to customization for crypto trading strategies.
Reliable And Secure
As harmless as trading seems, there is always a concern regarding security and reliability. Trading of crypto is now eased thanks to MT4 as their data encryption is robust, and their services are guaranteed to be stable and secure.
Conclusion
Getting a good crypto broker for MT4 is critical for smooth trading. Exness, Pepperstone, and IC Markets are the most popular brokers due to their low execution spreads, quick execution, and high liquidity, especially for active and high-volume traders.
Eightcap gives access to a wide variety of crypto pairs, while HFM and FBS appeal to smaller traders because of their highly accessible low deposit requirements combined with high leverage.
Admiral Markets and VT Markets offer good reliability of execution together with advanced features, while stable providers Octa and FxPro offer favorable prices. In summary, having a broker with low fees, consistent execution, and good regulation is very important for successful trading of cryptos on MT4.
