What "MT4 Supported" means in the context of forex trading in Cyprus
In this context, "MT4 Supported" indicates that a Cyprus-based forex broker makes the MetaTrader 4 (MT4) platform available to its clients. MT4 is a trading platform that provides market access, charting, order entry and execution, and support for automated trading strategies (Expert Advisors). For traders in Cyprus, a broker that supports MT4 enables the use of that specific software environment to place trades and analyse markets rather than requiring a proprietary platform.
Why it matters to retail traders in Cyprus
Choosing a broker that supports MT4 can influence the trading experience in several practical ways:
- Familiar interface and workflow, reducing the learning curve for traders already accustomed to MT4.
- Support for automated strategies and Expert Advisors, which can be important for algorithmic or systematic approaches.
- Built-in technical analysis tools and the ability to add custom indicators, aiding chart-based decision making.
- Availability across devices and compatibility with third‑party tools that integrate with MT4, giving flexibility in how and where trades are monitored.
What to look for when picking an MT4-supported broker
When evaluating MT4-supported brokers in Cyprus, consider factors beyond platform availability: confirm which MT4 versions are offered (desktop, web, mobile), review order execution policies and trading costs, check available account types and margin/leverage arrangements, and assess customer support and system reliability. It is also advisable to test the brokers MT4 setup on a demo account to verify execution and connectivity before committing live funds.
Risk reminder: Trading forex and CFDs carries risk and may not be suitable for all investors; only trade with capital you can afford to lose.Top 10 Cyprus MT4 Supported Forex Brokers — Minimum Deposit Unspecified
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10 Cyprus MT4 Supported Brokers Comparison — Amount Unspecified
Forex Broker
License
Minimum Spread
Maximum Leverage
Minimum Deposit
Open Account
Details
Compare
Broker Profiles
FXCM Broker Overview |
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| Positioning | Multi-regulated broker offering MT4 and proprietary platforms |
| Why choose FXCM | FXCM is regulated by several authorities including ASIC, FCA, CYSEC and ISA and offers both a self-developed platform and MT4. The firm holds full MT4/5 licensing for its trading software. Trading environment metrics show high grades across speed and cost (trade environment grade AA, speed AA, cost AAA) with average execution speed around 360.9 ms and average slip of 0.6. Account details are not listed in the provided data. |
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Finalto Broker Overview |
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| Positioning | FCA- and CYSEC-regulated broker with MT4/MT5 support |
| Why choose Finalto | Finalto is regulated by multiple authorities including the FCA, CYSEC, ASIC and others, and provides MT4, MT5 and a self-developed platform with full MT4/5 licensing. The company has been established since 2014. Account-level details are not listed in the provided data. The available information also notes uncertainty around regulatory status and mentions operational limitations such as no biometric login and slower customer support response times. |
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GO Markets Broker Overview |
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| Positioning | ASIC- and CYSEC-regulated broker with MT4, MT5 and cTrader |
| Why choose GO Markets | GO Markets is regulated by ASIC, FSA (Seychelles) and CYSEC, and offers multiple platforms including MT4, MT5, cTrader and a proprietary platform. The broker lists two account types (GO Plus+ and Standard) with maximum leverage up to 500, and both accounts allow EAs and scalping. Trade environment data indicates mixed performance (grade A, speed grade B, slip grade AAA) with average execution speed around 469.6 ms and average slip of -2.5. Available deposit methods include bank transfer, VISA/MASTER, Skrill and Neteller. High leverage is available; trading with leverage increases risk. |
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fpmarkets Broker Overview |
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| Positioning | ASIC- and CYSEC-regulated broker supporting MT4, MT5 and cTrader |
| Why choose fpmarkets | fpmarkets is regulated by ASIC and CYSEC and offers MT4, MT5, cTrader and a proprietary platform under full MT4/5 licensing. The broker lists Raw and Standard accounts with a minimum deposit of USD 100 and maximum leverage up to 500; both accounts permit EAs and scalping. Trade environment grades are strong (grade AA, speed AA, cost AAA) with average execution speed around 371.9 ms and average slip about 0.5. A range of deposit methods is provided. High leverage is offered; trading with leverage increases risk. |
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Axi Broker Overview |
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| Positioning | Multi-regulated broker offering MT4/MT5 and several account types |
| Why choose Axi | Axi is regulated by ASIC, FCA, FMA and CYSEC and provides MT4, MT5 and a proprietary platform with full MT4/5 licensing. The broker lists multiple account types including Standard and Professional accounts with maximum leverage up to 500, and accounts permit EAs and scalping. Trade environment metrics are strong (grade AA, speed AA, cost AA) with average execution speed around 301.3 ms and average slip near 0.1. The provider also reports multiple regulatory disclosures and a higher number of user complaints, which users should consider when assessing the broker. High leverage is available; trading with leverage increases risk. |
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Fortrade Broker Overview |
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| Positioning | Regulated broker with proprietary and MT4 trading platforms |
| Why choose Fortrade | Fortrade is regulated by multiple authorities including the FCA, CIRO, ASIC and CYSEC, and offers a self-developed platform alongside MT4 with full MT4/5 licensing. The firm was established in 2014. Account specifics are not provided in the data. The available information also records multiple regulatory disclosures and a relatively high number of user complaints, which may warrant further due diligence before account opening. |
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LIRUNEX Broker Overview |
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| Positioning | CYSEC-regulated broker with high maximum leverage and MT4 support |
| Why choose LIRUNEX | LIRUNEX is regulated by CYSEC and LFSA and offers MT4, MT5 and a proprietary platform under full MT4/5 licensing. The broker provides several account types (LX-Prime, LX Standard, LX-Pro) with minimum deposits listed from USD 25 and maximum leverage up to 2000; EAs and scalping are permitted. Trade environment grades indicate an overall A rating with strong speed and slip grades (speed AA, slip AAA) and average execution speed around 349.8 ms. A wide range of deposit methods is listed. Very high leverage is offered; trading with leverage increases risk. |
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ATFX Broker Overview |
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| Positioning | Global-regulated broker offering MT4/MT5 and multiple account tiers |
| Why choose ATFX | ATFX is regulated across several jurisdictions including FCA, CYSEC, ASIC and others, and supports MT4, MT5 and a proprietary platform with full MT4/5 licensing. The broker lists four account types (Raw Pro, Edge, Raw, Standard) with minimum deposits from USD 50 and maximum leverage up to 400; EAs and scalping are permitted. Trade environment metrics show lower grades in some areas (overall grade C, speed grade D) with average execution speed around 910.8 ms and average slip of 1.0. The provider has recorded regulatory disclosures and user complaints in the data. Leverage up to 400 is available; trading with leverage increases risk. |
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capital.com Broker Overview |
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| Positioning | Multi-regulated broker with MT4/MT5 and proprietary platforms |
| Why choose capital.com | capital.com is regulated by multiple authorities including CYSEC, FCA and ASIC, and provides MT4, MT5 and a proprietary trading platform with full MT4/5 licensing. The firm was established in 2017. Specific account and leverage details are not provided in the data. The available information records multiple regulatory disclosures and a higher number of user complaints, which users may wish to review before opening an account. |
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IronFX Broker Overview |
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| Positioning | CYSEC-regulated broker with several account types and MT4 support |
| Why choose IronFX | IronFX is regulated by CYSEC and other authorities including the FCA and FSCA, and offers MT4 plus a proprietary platform with full MT4/5 licensing. The broker lists multiple account types (ECN VIP, Raw ECN, Standard Fixed, Standard Floating) with varying maximum leverage up to 2000 and support for EAs and scalping. Product coverage includes forex, metals, indices and commodities. The provided data notes limitations such as lack of biometric login and slower customer support response times. Very high leverage is available; trading with leverage increases risk. |
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Details of Cypriot brokers supporting MT4
Account Types & Suitability
Below is an overview of each Cyprus MT4-supported broker's account lineups and which trader profiles each account is generally suited to.
- FXCM — Account types are not specified in this summary; prospective clients should consult the broker for current account options and which accounts best match different trading styles.
- Finalto — Account lineup details are not provided here; traders should check with Finalto for minimums, spreads and account features to determine suitability.
- GO Markets — Offers a GO Plus + account (spreads from 0.0, leverage up to 500, EA and scalping allowed) suited to active, execution-sensitive traders and EA users, while the Standard account (spreads from 0.8, leverage up to 500) is more appropriate for casual or cost-transparent traders.
- fpmarkets — Provides Raw (from 0.0) and Standard (from 1.0) accounts with a $100 AUD (or equivalent) minimum and up to 500:1 leverage; the Raw account suits traders seeking tighter spreads and lower execution costs, while the Standard account suits traders who prefer spread-inclusive pricing across 70+ FX pairs, metals, indices and commodities.
- Axi — Offers a Standard Account (0.4), a Professional Account (0.0) and an account labeled 专业账户 (0.0), all permitting EAs and scalping; the zero-spread Professional/专业账户 options are aimed at traders focused on minimal spreads, while the Standard account suits typical retail traders.
- Fortrade — Specific account details are not listed here; traders should review Fortrade's published account types to assess which best fits their experience and trading frequency.
- LIRUNEX — Offers LX Standard (from $25, spreads from 1.5) for lower-deposit or entry-level traders, and LX-Prime / LX‑Pro (from $200, spreads from 0.0, leverage up to 2000) that suit higher-volume or execution-focused traders who seek raw spreads and higher leverage.
- ATFX — Lists Raw Pro and Raw accounts (from 0.0) alongside Edge (from 0.8) and Standard (from 1.1) accounts, all with a $50 minimum and up to 400:1 leverage; raw accounts suit traders prioritizing low spreads, while Edge and Standard are geared toward traders preferring spread-inclusive pricing.
- capital.com — Account type specifics are not included in this summary; check directly with capital.com for current MT4-compatible account options and their suitability for different trader profiles.
- IronFX — Offers ECN VIP (forex 0.3, gold 1.1), Raw ECN (Forex 0, gold 1.1), Standard Fixed and Standard Floating (Forex 1.2, gold 2.5) across a range of leverage settings; Raw ECN and ECN VIP are aimed at traders seeking tighter spreads and ECN-style execution, while the Standard accounts suit traders who prefer fixed or floating spread structures across forex, metals, indices, commodities and other instruments.
When choosing an account, new traders should compare minimum deposits, typical spreads, available leverage and permitted strategies (EA/scalping) and, where possible, test on a demo account; remember that trading CFDs with leverage involves a high risk of loss and may not be suitable for all investors.
Deposit & Withdrawal Methods
Available funding channels affect convenience, payment options and accessibility for deposits and withdrawals; brokers operating from Cyprus may offer different methods depending on account type and client location.
- FXCM: Check the broker official site for current options.
- Finalto: Check the broker official site for current options.
- GO Markets:
- MASTER
- Skrill
- VISA
- Bank transfer
- Neteller
- fpmarkets:
- VISA, Mastercard
- International bank wire
- PerfectMoney
- Neteller
- m2p crypto payments
- AstroPay
- Skrill
- Monetix Wallet
- Bank transfer
- NETELLER
- Axi: Check the broker official site for current options.
- Fortrade: Check the broker official site for current options.
- LIRUNEX:
- Bitpay
- Moneybookers
- Neteller
- AliPay
- cashU
- WeChat Pay
- WebMoney
- PerfectMoney
- Paypal
- Debit Card
- Wire Transfer
- Skrill
- Local Deposits
- UnionPay
- Multiple local methods
- Credit Card
- ATFX:
- PerfectMoney
- Skrill
- Neteller
- VISA
- MASTER
- Bank transfer
- capital.com: Check the broker official site for current options.
- IronFX: Check the broker official site for current options.
Promotion terms, fees and available payment channels can change; check each broker's official site for the most up-to-date details.
Leverage, Spread & Trading Costs
The table below summarises advertised maximum leverage, representative spreads on common MT4 account types, and any available measured trading‑environment metrics reported for these Cyprus MT4 brokers.
- FXCM — MT4 supported. Advertised maximum leverage not specified and no lowest spread listed. Reported trading‑environment metrics: average execution speed 360.9 ms, average slippage 0.6, and reported average cost 13.69 across 717 traders; overall trade environment grade: AA.
- Finalto — MT4 supported. Advertised maximum leverage not specified and no lowest spread listed. No measured trading‑environment data reported.
- GO Markets — MT4 supported. Advertised maximum leverage up to 500. Representative spreads: GO Plus + account main spread 0.0 and Standard account main spread 0.8. Reported trading metrics: average execution speed 469.6 ms, average slippage -2.5, and reported average cost 0.0 across 479 traders; trade environment grade: A.
- fpmarkets — MT4 supported. Advertised maximum leverage up to 500. Representative spreads: Raw account main spread 0.0 and Standard account main spread 1.0. Reported trading metrics: average execution speed 371.9 ms, average slippage 0.5, and reported average cost 9.07 across 946 traders; trade environment grade: AA.
- Axi — MT4 supported. Advertised maximum leverage up to 500. Representative spreads: Standard account main spread 0.4; Professional (and 专业账户) main spread 0.0. Reported trading metrics: average execution speed 301.3 ms, average slippage 0.1, and reported average cost 16.43 across 667 traders; trade environment grade: AA.
- Fortrade — MT4 supported. Advertised maximum leverage not specified and no lowest spread listed. No measured trading‑environment data reported.
- LIRUNEX — MT4 supported. Advertised maximum leverage up to 2000. Representative spreads: LX‑Prime and LX‑Pro main spread 0.0; LX Standard main spread 1.5. Reported trading metrics: average execution speed 349.8 ms, average slippage -1.0, and reported average cost 27.33 across 377 traders; trade environment grade: A.
- ATFX — MT4 supported. Advertised maximum leverage up to 400. Representative spreads: Raw Pro and Raw main spread 0.0; Edge main spread 0.8; Standard main spread 1.1. Reported trading metrics: average execution speed 910.8 ms, average slippage 1.0, and reported average cost 6.0 across 1,445 traders; trade environment grade: C.
- capital.com — MT4 supported. Advertised maximum leverage not specified and no lowest spread listed. No measured trading‑environment data reported.
- IronFX — MT4 supported. Advertised maximum leverage up to 2000 overall, with account‑level limits shown (ECN VIP max 200, Raw ECN max 1000, Standard Fixed/Floating max 2000). Representative spreads: Raw ECN main spread 0.0; ECN VIP main spread 0.3; Standard Fixed and Standard Floating main spread 1.2. No measured trading‑environment data reported.
Leverage can amplify both gains and losses; consider available leverage limits, spreads and reported trading costs when selecting an account and use risk management appropriate to your experience and objectives.
Platform Support & Software
The entries below summarize the trading platforms each broker supports and the stated platform license or qualification. Server locations are noted where provided to indicate geographical coverage that may affect connectivity or latency for traders in Cyprus and the wider European region. Trading CFDs on margin carries risk and may not be suitable for all investors.
- FXCM: Supports Self-developed platform and MT4. Qualification: Full LicenseMT4/5. Top servers are listed in the United States and Hong Kong, with no Cyprus-based server shown; primary coverage appears focused on North America and Asia.
- Finalto: Supports MT4, MT5 and a Self-developed platform. Qualification: Full LicenseMT4/5. Top servers span the United States, United Kingdom, Germany and several Asian markets (Hong Kong, Japan, Singapore, South Korea), indicating both transatlantic and Asian coverage though no Cyprus server is listed.
- GO Markets: Supports cTrader, Self-developed, MT4 and MT5. Qualification: White LabelMT4/5. Top servers include Australia, United Kingdom, United States and Singapore among others, reflecting APAC and UK/US presence but no explicit Cyprus server.
- fpmarkets: Supports MT4, MT5, Self-developed and cTrader. Qualification: Full LicenseMT4/5. Top servers include the United States, United Kingdom, Netherlands and Luxembourg, showing EU and US coverage; no Cyprus server is indicated.
- Axi: Supports Self-developed platform as well as MT4 and MT5. Qualification: Full LicenseMT4/5. Top servers are concentrated in the United States and the United Kingdom with additional coverage in Asia; Cyprus is not listed among top servers.
- Fortrade: Supports Self-developed platform and MT4. Qualification: Full LicenseMT4/5. Top servers include Germany, Netherlands and the United Kingdom alongside multiple international locations, suggesting European and global routing without a listed Cyprus server.
- LIRUNEX: Supports Self-developed platform, MT4 and MT5. Qualification: Full LicenseMT4/5. Top servers include the United Kingdom, China, United States and Luxembourg, indicating some EU and global presence though no Cyprus server is shown.
- ATFX: Supports Self-developed platform, MT5 and MT4. Qualification: Full LicenseMT4/5. Top servers listed include China, United Kingdom, Hong Kong and Singapore among others, providing strong APAC and UK coverage; Cyprus is not listed.
- capital.com: Supports MT5, Self-developed platform and MT4. Qualification: Full LicenseMT4/5. Top servers are shown in Ireland and Germany with limited additional locations, indicating some EU-based routing though no Cyprus-specific server is given.
- IronFX: Supports a Self-developed platform and MT4. Qualification: Full LicenseMT4/5. Top servers include the United Kingdom, Japan and notably Cyprus (listed), along with multiple European and Asian locations; this indicates direct local server presence in Cyprus as well as broader international coverage.
Summary & Recommendations
This comparison highlights key differences among Cyprus-registered MT4-supporting brokers on regulation, platform choice, leverage, account options, measured trading environment metrics and minimum deposit requirements.
- For multi-jurisdiction regulation: Choose FXCM — regulated by ASIC, FCA, CYSEC and ISA and established in 2003, offering broad oversight across regions.
- For varied platform choices: Choose GO Markets — provides MT4, MT5, cTrader and a self-developed platform to suit different execution preferences.
- For highest available leverage: Choose IronFX — lists maximum leverage up to 2000 across multiple account types.
- For the lowest documented minimum deposit: Choose LIRUNEX — the LX Standard account shows a minimum deposit of USD 25 for entry-level testing.
- For the strongest measured trading environment: Choose fpmarkets — trade_env grade AA with cost_grade AAA and 946 reported traders, indicating competitive execution metrics.
Consider starting with the lowest minimum deposit (USD 25) to test a broker and platform before scaling positions.
Risk reminder: Trading leveraged CFD products carries a high risk of loss and may not be suitable for all investors.
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