Best MetaTrader 4 (MT4) Prop Firms
Compare prop firms offering MetaTrader 4 platform. Trade with the world's most popular forex platform and earn cashback.
Key Considerations for MT4
- Most widely supported platform with the largest library of third-party EAs and indicators
- Only supports forex and CFDs — no native stock or futures trading
- MQL4 programming language for custom EAs is simpler but less powerful than MQL5
- Being gradually phased out by MetaQuotes in favour of MT5 — check long-term availability
MetaTrader 4 remains the most widely used forex trading platform globally, and for good reason. Its combination of reliability, extensive indicator library, and support for automated trading (Expert Advisors) makes it the preferred choice for millions of traders worldwide. Many prop firms recognize this preference and offer MT4 as their primary or alternative trading platform.
Trading with MT4 on a prop firm funded account gives you access to all the platform's powerful features - advanced charting, custom indicators, algorithmic trading, and one-click execution - but with the firm's capital instead of your own. This combination is ideal for traders who have mastered MT4 and want to scale their proven strategies with larger account sizes.
When choosing an MT4 prop firm, verify that all your required features are supported. Some firms may restrict certain EA types, specific indicators, or have limitations on maximum position sizes. The firms below all fully support MetaTrader 4 with comprehensive feature access and competitive funding terms.
Why Trade on MT4?
Advantages
- Largest EA library and indicator ecosystem
- Simple and reliable — battle-tested since 2005
- Low resource usage on any device
- One-click trading with instant execution
Limitations
- Limited to forex/CFDs — no stocks or futures
- Being phased out by MetaQuotes
- Single-threaded backtesting is slow
- Outdated interface compared to modern platforms
Best MT4 Prop Firms
FundedNext
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
FXIFY
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
FTMO
Cashback
N/A
Platforms
⚠️ Risk: Prop trading involves significant risk. Only invest what you can afford to lose.
Leverage Comparison
| Firm | Standard Accounts | Swing Accounts |
|---|---|---|
 FundedNext | 1:100 | 1:30 |
 FXIFY | 1:30 | 1:30 |
 FTMO | 1:100 | 1:30 |
Available Trading Instruments
| Firm | Forex | Commodities | Indices | Crypto | Stocks |
|---|---|---|---|---|---|
| FundedNext | 43 | 5 | 13 | 9 | - |
| FXIFY | 70 | 5 | 10 | 80 | - |
| FTMO | 40 | 8 | 10 | 5 | - |
FundedNext
FXIFY
FTMO
Platform Features & Capabilities
| Firm | Demo Account | API Trading | Expert Advisors | Copy Trading |
|---|---|---|---|---|
| FundedNext | ||||
| FXIFY | ||||
| FTMO |
FundedNext
FXIFY