US Forex Brokers MT4 List

Our May 2022 best MetaTrader 4 USA brokers are.

  • ig logo new IG US - Best MT4 Broker Overall
  • forex.com logo new Forex.com - Good Rewards With Active Trader
  • oanda logo OANDA - Great MT4 Broker With No Minimum Deposit
  • atc brokers logo new ATC Brokers - Good MT4 Forex Broker for Beginners

IG
Forex.com
Oanda
Our Rating
8.23
7.28
7.26
79% of retail investor accounts lose money when trading spread bets and CFDs with this provider
72% of retail investor accounts lose money when trading CFDs with this provider.
76.6% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
IG
Forex.com
Oanda
NFA or CFTC (USA)

Brokerage

Feature
IG
Forex.com
Oanda
EUR/USD Avg. Raw Spread
-
-
-
GBP/USD Avg. Raw Spread
-
-
-
AUD/USD Avg. Raw Spread
-
-
-
EUR/USD Standard Spread
1.0
1.50
1.1
EUR/USD Fixed Spreads
-
-
-
Commissions (USD Base)
$5.00
$5.00
Minimum Deposit
$450
$100
$0
Swap Free Account
No Inactivity Fees
Funding Methods
4+
4+
4+
No Funding Fees

Markets and Instruments

Feature
IG
Forex.com
Oanda
Currency Pairs
80+ (Spot)
84+ (Standard Account)
60+ (DMA Account)
70+ (Spot)
Cryptocurrency CFDs*
-
-
-
Index CFDs
-
-
-
Share CFDs
-
-
-
Commodities CFD
-
2+ (Spot)
-
Stockbroking
-
-
-
Retail Max. Leverage (USA)
Major Pairs 50:1
Minor Pairs 20:1
Spot 50:1
Futures 6.25:1
Major Pairs 50:1
Minor Pairs 33:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
IG
Forex.com
Oanda
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
MetaTrader 4 only
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Guaranteed stop loss orders
Choice of trading platforms
Forex specialist in USA

Overall

IG
Forex.com
Oanda