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Top 6 MetaTrader Brokers for Traders Who Want MT4 and MT5 Flexibility

Our Blog Gilbert Arthur

MetaTrader remains relevant because many traders prefer software they already understand instead of relearning a proprietary terminal every time they change brokers. MT4 still has a large following around Expert Advisors and familiar workflows, while MT5 adds broader analytical tools and a more modern architecture. The broker behind the platform matters just as much, since account structure, execution, device access, and additional software differ considerably. 

Some firms keep MetaTrader at the center of the experience, while others place it beside TradingView, cTrader, or their own interfaces. With those differences in mind, these six brokers deserve a closer look.

1. OneRoyal: A MetaTrader-First Setup Backed by 20+ Years

OneRoyal has been operating since 2006 and keeps both MT4 and MT5 at the heart of its trading environment. Clients can choose either platform when opening a live account, rather than being pushed automatically toward one terminal. Desktop versions are available for Windows and Mac, while MetaTrader mobile apps cover iOS and Android. MT5 can also be accessed through a browser, which is useful when installing desktop software is inconvenient. The combination is straightforward, particularly for someone arriving with an existing MetaTrader routine.

The distinction between its two terminals goes beyond a newer interface. OneRoyal presents MT4 as the simpler, established option, while MT5 adds more analytical and customization tools. Several practical details shape the choice:

  • MT4: 30 built-in technical indicators and support for Expert Advisors;
  • MT5: 38 pre-installed indicators, 21 timeframes, and 44 graphical analysis tools;
  • Device access: Desktop and mobile versions are available for both terminals;
  • Account choice: Clients select MT4 or MT5 when creating a live trading account;
  • Browser use: MT5 includes a WebTrader option without a desktop installation.

There is no separate OneRoyal trading app replacing MetaTrader on mobile devices. For traders specifically looking for MT4 or MT5 rather than another proprietary ecosystem, that may be less of a drawback than it first appears.

Most Suitable For

OneRoyal makes sense for traders who want MetaTrader to remain the main workspace instead of an optional side platform. It is especially relevant for users switching brokers but hoping to preserve a familiar MT4 or MT5 routine.

2. Pepperstone: MetaTrader Alongside Several Serious Alternatives

Pepperstone takes a broader approach because MT4 and MT5 sit beside cTrader, TradingView, and Pepperstone’s own platform. Both MetaTrader versions support browser access, mobile apps, automated trading, backtesting, and customizable indicators. The broker lists more than 1,350 instruments across its supported platform lineup. This gives traders room to remain with MetaTrader today without locking themselves into it permanently. Few brokers in this ranking offer as many credible alternatives under the same account ecosystem.

That wider platform menu is Pepperstone’s defining difference here. A trader can work with EAs on MetaTrader, move toward TradingView charting, or explore cTrader without immediately needing another broker. The software picture includes:

  • MetaTrader 4: Desktop, browser, Android, and iOS access;
  • MetaTrader 5: The same broad cross-device availability;
  • Automation: EA support and backtesting on both MetaTrader versions;
  • Alternatives: cTrader, TradingView, and Pepperstone’s proprietary platform;
  • Browser flexibility: Every platform in the current lineup has a web version.

The extra choice is valuable, although someone committed exclusively to MetaTrader may never use much of it. Pepperstone becomes more interesting when future platform flexibility matters.

Where It Makes the Most Sense

This setup favors traders who like MT4 or MT5 but do not want their broker relationship tied permanently to MetaTrader. It also suits users experimenting with different charting, automation, and execution environments.

3. Tickmill: A Focused Choice Without an Overloaded Platform Menu

Tickmill keeps the MetaTrader proposition relatively clean by making MT4 and MT5 its two main CFD trading platforms. Both versions are available on Windows, macOS, iOS, Android, and through WebTrader. MT5 brings 38 technical indicators and 21 timeframes, while also supporting algorithmic trading. The absence of a long list of competing terminals makes the choice easier for someone already committed to MetaTrader. Instead of deciding between several software ecosystems, the main question becomes whether MT4 or MT5 better suits the existing workflow.

Tickmill’s platform offering is narrower than Pepperstone’s, but narrower does not automatically mean weaker. It reduces software clutter and keeps attention on the two MetaQuotes terminals. The relevant points are fairly compact:

  • Core platforms: MT4 and MT5;
  • Operating systems: Windows and macOS versions are supported;
  • Mobile trading: Both platforms work on iOS and Android;
  • Web access: WebTrader is available for MT4 and MT5;
  • MT5 tools: 38 indicators, 21 timeframes, and support for algorithmic strategies.

There is less need to compare several unrelated interfaces before getting started. That simplicity may be attractive to traders who see the platform as a tool rather than a reason to choose a broker.

A Natural Match For

Tickmill is a logical candidate for traders who already know they want MetaTrader and have little interest in proprietary software. The straightforward MT4 and MT5 lineup also reduces the amount of platform testing required at the outset.

4. FP Markets: MetaTrader With Room to Expand Beyond It

FP Markets supports both MetaTrader generations across desktop, browser, and mobile environments. Its MT4 setup includes customizable charts, one-click trading, MarketWatch, live pricing, and automated trading tools. MT5 builds on that with additional order types, 21 timeframes, depth of market, and a more advanced strategy tester. WebTrader allows either version to run directly inside a browser without requiring an installation. Traders who eventually want another interface can also look at cTrader and TradingView within the wider FP Markets platform range.

The browser implementation deserves particular attention because it covers both MT4 and MT5. That makes switching devices easier without forcing the trader onto a different proprietary web terminal. A few elements distinguish the setup:

  • MT4 access: Windows, Mac, mobile, and WebTrader versions;
  • MT5 access: Desktop, mobile, and browser formats;
  • Algorithmic trading: Expert Advisors are supported within MetaTrader;
  • WebTrader: No separate software installation is required;
  • Other choices: cTrader and TradingView sit outside the MetaTrader offering.

FP Markets therefore occupies an interesting middle ground between a MetaTrader-only broker and a platform marketplace. The additional interfaces are there, but they do not push MT4 or MT5 into the background.

Better Aligned With

FP Markets can work well for someone who switches regularly between desktop and browser trading while keeping MetaTrader as the common base. It also leaves an easy route toward cTrader or TradingView if priorities change later.

5. XM: Familiar MetaTrader Access With an Additional Mobile Route

XM supports both MT4 and MT5 while also maintaining its own XM App. Its MT4 version includes more than 50 indicators and charting tools, one-click trading, Expert Advisor support, and MQL4 resources. MT5 expands the analytical side with more than 58 indicators and 44 analytical objects according to XM’s current platform page. Both terminals can be used on mobile devices, and MT5 is also offered through WebTrader. That gives existing MetaTrader users a recognizable environment while leaving the branded app available as another route into the service.

The practical split between MT4 and MT5 is quite clear on XM’s own platform pages. MT4 preserves the older workflow, while MT5 puts more analytical material within the terminal. The current arrangement includes:

  • MT4 tools: 50+ indicators and graphical tools;
  • MT5 tools: 58+ indicators and 44 analytical objects;
  • Automated trading: Expert Advisors are supported;
  • Mobile use: Smartphone and tablet versions are available;
  • Additional access: XM also operates a separate branded application.

XM offers enough surrounding infrastructure to feel broader than a pure MetaTrader broker. At the same time, users who want MT4 or MT5 are not forced to abandon either platform for the proprietary app.

Particularly Relevant To

XM may appeal to traders who want familiar MetaTrader software but appreciate having another mobile option available. It can also suit users deciding gradually between MT4 and MT5 rather than committing to the newer terminal immediately.

6. D Prime: Multiple MetaTrader Routes Plus Its Own Cloud Platform

D Prime supports MT4 and MT5 alongside D Prime InTrade, TradingView access, and FIX API connectivity. MT4 is available across Windows, Mac, Android, iOS, and WebTrader, so the older terminal is not limited to desktop use. MT5 covers the same major device categories while adding its newer analytical and order-management framework. The broker’s own platform documentation highlights Expert Advisors on both MetaTrader generations, with MQL4 used on MT4 and MQL5 on MT5. Its broader software lineup makes D Prime noticeably more layered than a broker built around only two terminals.

One unusual part of the setup is that MetaTrader is only one layer of the available technology. InTrade creates a separate cloud-based route, while TradingView adds another charting environment. The choice breaks down as follows:

  • MT4: Desktop, mobile, and WebTrader access;
  • MT5: Windows, Mac, Android, iOS, and browser availability;
  • Automation: EA support through the MetaTrader ecosystem;
  • Proprietary option: D Prime InTrade works through web and mobile;
  • Additional connectivity: TradingView and FIX API broaden the software selection.

That breadth creates flexibility, but it can also introduce choices that a MetaTrader-only user does not need. The value depends on whether those extra routes are genuinely likely to become part of the trading setup.

A Better Choice When

D Prime is worth considering when MetaTrader access is important but not expected to be the only software requirement. Traders who want several interfaces under one broker may get more use from its broader technology stack than someone looking solely for a basic MT4 account.

Final Thoughts

The six brokers all support MT4 and MT5, yet they package those platforms in noticeably different ways. OneRoyal keeps the experience centered on familiar MetaTrader access, Tickmill follows a similarly focused route, while Pepperstone, FP Markets, XM, and D Prime surround the terminals with additional software choices. Deciding between them therefore requires more than checking whether an MT4 or MT5 logo appears on the website, since device access, automation tools, account conditions, and alternative platforms can change the experience considerably. 

Traders should also verify the legal entity and conditions available in their country before opening an account. Forex and leveraged CFD trading involve substantial risk, and platform familiarity does not reduce the possibility of financial loss.