MetaTrader 4
Free forex trading terminal with charting, trading robots and copy trading, offered through brokers.
Updated · AppBreakup editorial · Windows, macOS, Linux, iOS, Android, Web
Is MetaTrader 4 free?
Yes, free to use
Switch from MetaTrader 4 to
All 2
TradingViewFree plan: Yes ($0, no card)
WebullFree plan + paid
- Verified facts
- 5 of 5
- Alternatives ranked
- 2
- Approved reviews
- 0
- Visits sent from here
- 0
About MetaTrader 4
MetaTrader 4 is a trading platform from MetaQuotes that forex and CFD brokers give their clients. You download it for free, connect to your broker's server, and get live quotes, charts with technical indicators, one-click orders and alerts. Its best-known feature is automated trading: Expert Advisors written in the MQL4 language can trade for you, and the built-in Strategy Tester runs them against historical data. A marketplace sells robots and indicators, and the Signals service lets you copy other traders' positions. Apps for iPhone, iPad and Android and a web terminal let you trade away from your desk. MetaQuotes has since released MetaTrader 5, which adds stocks and futures, but MT4 is still updated and widely offered by forex brokers. The platform itself costs nothing; what you pay depends on your broker's spreads and fees, and paid robots and signals cost extra. MetaQuotes does not provide brokerage services itself.
Best for: Forex traders who want automated trading with Expert Advisors and wide broker support.
MetaTrader 4 pricing (checked Nov 8, 2026)
Each line is quoted from MetaTrader 4's own site, with the page it came from.
| Plan or term | What it says | Checked | Source |
|---|---|---|---|
| Price | Free download | Nov 8, 2026 | metatrader4.com |
Pros and cons
What works
- Free download, offered by a very large number of brokers
- Expert Advisors and Strategy Tester for automated trading
- Huge library of third-party indicators and robots
- Desktop, mobile and web versions
Why people leave
- Mainly forex and CFDs, without the stock and futures markets of MetaTrader 5
- Charting looks dated next to TradingView
- You can only trade through a broker that supports it
MetaTrader 4 vs TradingView and Webull
From each app's listing and the prices verified on its own site. A dash means we haven't verified it yet.
| Attribute | MetaTrader 4 | TradingView | Webull |
|---|---|---|---|
| Pricing | Free | Free plan + paid | Free plan + paid |
| Verified price | — | — | — |
| Free plan | Free app | Yes ($0, no card) | Yes |
| Open source | No | No | No |
| Self-hostable | No | No | No |
| Platforms | Windows, macOS, Linux, iOS, Android, Web | Web, Windows, macOS, Linux, iOS, Android | Web, Windows, macOS, iOS, Android |
Top MetaTrader 4 alternatives
See all 2- 1TradingView64.8
Modern browser-based charts and a huge community of shared scripts, with broker integrations.
- 2Webull40.9
Commission-free US stocks and options with advanced charts and paper trading built in.
Why people left MetaTrader 4
In reviewers' own words, from reviews of the apps they moved to. These are their opinions, not ours.
No switching stories yet. If you moved away from MetaTrader 4, review the app you switched to and tell us why.
Reviews
No approved reviews yet. How we verify reviewers
Write a review of MetaTrader 4
MetaTrader 4: common questions
What is MetaTrader 4?
MetaTrader 4: Free forex trading terminal with charting, trading robots and copy trading, offered through brokers. Best for forex traders who want automated trading with Expert Advisors and wide broker support. Available for Windows, macOS, Linux, iOS, Android and Web.
Is MetaTrader 4 free?
Yes, MetaTrader 4 is free to use.
How much does MetaTrader 4 cost?
MetaTrader 4 is free to use. Price: Free download. Checked on MetaTrader 4's own site, November 2026.
Is MetaTrader 4 open source?
No, MetaTrader 4 is not open source.
What platforms does MetaTrader 4 run on?
MetaTrader 4 is available for Windows, macOS, Linux, iOS, Android and Web.
What are the best alternatives to MetaTrader 4?
The highest-ranked MetaTrader 4 alternatives right now are TradingView and Webull. See the full ranked list for pricing, platforms and verified facts.
MetaTrader 4 vs TradingView: what's the difference?
MetaTrader 4 is free to use; TradingView is free with paid plans. Both run on Windows, macOS, Linux, iOS, Android and Web.