Top 10 MetaTrader 4 UK Brokers

Our best MT4 brokers UK list in Sept 2021 is.

  • Pepperstone Pepperstone - Best MT4 Forex Broker Overall
  • XTB XTB - Top MT4 Forex Broker For Trading CFDs
  • ThinkMarkets ThinkMarkets - Good Broker For Spread Betting With MT4
  • FXCM FXCM – Best For Copy Trading With MT4 Platform
  • City Index UK City Index - Good Risk Management Features
  • FxPro UK FxPro - Forex Broker Great MT4 Technical Analysis Feature
  • forex.com logo Forex.com - Best Forex Broker For Currency Pair Range
  • avatrade logo AvaTrade - Broker With Top MT4 Platform For Mobile Trading

Pepperstone
ThinkMarkets
XTB
FxPro
City Index
Our Rating
9.17
7.67
7.42
5.46
6.83
78.2% of retail CFD accounts lose money
75.5% of retail investor accounts lose money when trading CFDs
80% of retail investor accounts lose money when trading CFDs with this provider.
76.14% of retail CFD accounts lose money
73% of retail CFD accounts lose money

Regulations and Licenses

Feature
Pepperstone
ThinkMarkets
XTB
FxPro
City Index
MAS (Singapore)
CYSEC (Cypus)

Brokerage

Feature
Pepperstone
ThinkMarkets
XTB
FxPro
City Index
EUR/USD Avg. Raw Spread
0.79
0.1
1.71
0.8
GBP/USD Avg. Raw Spread
1.49
2.4
1.8
AUD/USD Avg. Raw Spread
0.87
3.4
0.9
EUR/USD Standard Spread
0.69
1.2
0.7
1.58
0.8
EUR/USD Fixed Spreads
1.71
Commissions (USD Base)
GBP £2.29 Side-Trip (MetaTrader)
£2.50 per side
USD$0.45 (cTrader)
Commission Rebates
Minimum Deposit
GBP £200
£0
USD $100
Swap Free Account
No Inactivity Fees
Funding Methods
3
6
5
4
6
No Funding Fees

Markets and Instruments

Feature
Pepperstone
ThinkMarkets
XTB
FxPro
City Index
Currency Pairs
61+
38+
48+
70+
84+
Cryptocurrency CFDs
12
5+
9+ (16 cross pairs)
5+
Index CFDs
14+
21+
42+
24+
21+
Share CFDs
300+
1200+
1750+
150+
4500+
Commodities CFD
15+
10+
22+
10+
29+
Stockbroking
N/A
Retail Max. Leverage
30:1
30:1
30:1
30:1
20:1
Professional Leverage
500:1
500:1
200:1
500:1
400:1

Trading Platforms + Tools

Feature
Pepperstone
ThinkMarkets
XTB
FxPro
City Index
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
(MT4 only)
MT4 only
Social + Copy Trading

Allowed but not supported
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
(Aust/Europe only)
(Aust/Europe only)

Europe Only
Demo Account
Unique Feature 1
Commission rebates for active traders
Guaranteed Negative Protection
xStation 5 trading platform
1,300,000 client accounts
Trade in 4,500 global markets
Unique Feature 2
Award Winning Customer Support
Uptime record of 99.99%
Award winning CFD provider
Choice of CFD or Spreads Betting
Flexible leverage

Overall