Spread betting is one of the preferred ways for UK based traders to speculate on price movements in financial markets. Investors rate Metatrader 4 (MT4) as one of their favourite platforms due to its wide adoption in the industry and many features and tutorials which are available. The retail trader’s favourite multi asset platform with web, desktop and mobile versions. It became a favourite because it’s offered by most brokers and it has the core functionalities of a good platform including – multiple charts, order types including trailing stop loss and alerts. It also gives traders the opportunity to customise and enhance the platform by using EAs (Expert Advisors). Expert Advisors are scripts which traders can either purchase or code themselves. They also allow traders to automate their trading strategies.
Metaquotes released MT4 more than 15 years ago and because of that and the release of MT5, they stopped issuing new MT4 licenses in order to get the Forex and CFD providers and traders to make the transition to MT5. You can check our MT4 vs MT5 comparison here. Thus mainly brokers which acquired MT4 licenses already still offer the platform to their clients.
Broker Review Contents
Here are some spread betting brokers which offer MT4:
Pepperstone
Pepperstone was launched in 2010 and since then it has gathered momentum to become one of the most respected FX, CFDs and Spread Betting brokers. Trusted by more than 90,000 clients and regulated by the Financial Conduct Authority (FCA) and Australian Securities and Investments Commission (ASIC), they keep client money segregated from their company funds. Spread Betting clients in the UK are trading with Pepperstone UK and further to their funds being segregated, they are also covered by the Financial Services Compensation Scheme (FSCS). Thus, in terms of trust, regulation and experience they are one of the top spread betting providers in the UK.
Pepperstone offer support in 8+ languages including English, Spanish, Chinese and Arabic. You can contact them via email, phone, whatsapp and chat. They offer support 24/5.
In terms of platforms, Pepperstone offer both MT4 and MT5, the two mainstream trading platforms from Metaquotes. They also offer cTrader platform – another popular platform with retail traders. Metatrader platforms have web, desktop, and mobile versions.
Pepperstone has an educational section on its website with sections on trading forex and shares. They also have trading guides and hold regular webinars to help spread betting traders learn about markets. Pepperstone also have in house market analysts who post market analysis daily. Trading tools in the form of apps (Expert Advisers EAs) for MT4 and MT5 are available. Also, industry leading Autochartist tool can help traders to pick trading opportunities. They are also one of the spread betting brokers which offers MT4.
In terms of markets and symbols offered, you can access over 1200 symbols across the following markets: Forex, Commodities, Indices, Stocks and Cryptos.
Popular funding methods that are available with Pepperstone include: Credit/Debit cards, Bank Transfer, Paypal and Skrill/Neteller.
VISIT PEPPERSTONE PEPPERSTONE REVIEW
ThinkMarkets
Established in 2010, ThinkMarkets gathered momentum to become one of the leading FX, CFDs and Spread Betting brokers. Regulated by the FCA, FSCA and ASIC, they keep client money segregated from their company funds. Spread Betting clients in the UK are trading with ThinkMarkets UK and further to their funds being segregated, they are also covered by the FSCS. ThinkMarkets have also purchased additional insurance which covers their clients for up to 1million GBP in the event of broker default. This makes them one of the top spread betting brokers in terms of safety of client funds and particularly attractive for high net worth spread betting traders who might want to deposit bigger sums.
ThinkMarkets offer support in 8+ languages including English, Spanish, Chinese and Arabic. You can contact them via email, phone and chat. They offer support 24/7.
In terms of platforms, ThinkMarkets offer both MT4 and MT5. They also offer their unique platform called ThinkTrader– another popular platform with retail traders. Traders can spread bet on MT4 with ThinkMarkets.
ThinkMarkets has an educational section on its website with sections on trading different asset classes. They also have trading guides and hold regular webinars. ThinkMarkets also have in house market analysts who post market analysis daily. Trading tools in the form of apps (EAs) for MT4 and MT5 are available. Also, industry leading Autochartist tool can help traders to pick trading opportunities.
In terms symbols offered when you spread bet with ThinkMarkets, you can access over 30 symbols across the following markets: Forex, Commodities, and Indices. If you want more symbols, you can try their CFD account which has more than 1000 symbols.
Popular funding methods that are available with ThinkMarkets include: Credit/Debit cards, Bank Transfer and Skrill/Neteller.
VISIT THINKMARKETS THINKMARKETS REVIEW
Avatrade
Founded in 2006, Avatrade became one of the best FX, CFDs and Spread Betting brokers. Regulated by the Central Bank of Ireland, Financial Sector Conduct Authority (FSCA), CySEC and Australian Securities and Investments Commission (ASIC), they keep client money segregated from their company funds. Spread Betting clients in the UK are trading with Avatrade EU (Central Bank of Ireland regulated) and further to their funds being segregated, they are also covered by compensation scheme.
Avatrade offer support in 10+ languages including English, Russian, Spanish, Chinese and Arabic. You can contact them via email, phone, and chat. They offer support 24/5.
In terms of platforms, Avatrade offer both MT4 and MT5, the two mainstream trading platforms from Metaquotes. They also offer their unique platform called AvatadeGO. Metatrader platforms have web, desktop, and mobile versions. This makes them one of the few spread betting brokers which offer MT4.
Avatrade has an educational section on its website which caters to traders with different types of ability – from beginners to experts. They also have trading guides and hold regular webinars to help spread betting traders learn about markets. Avatrade also have in house market analysts who post market analysis daily. They also have Avasocial app which allows you to copy other traders.
In terms of markets and symbols offered when you spread bet with Avatrade, you can access over 200 symbols across the following markets: Forex, Commodities, Stocks, Crypto and Indices. Although this is a diverse range of symbols and markets, there are other spread betting providers who offer more.
Popular funding methods that are available with Avatrade include: Credit/Debit cards, Bank Transfer, Paypal and Skrill/Neteller.
VISIT AVATRADE AVATRADE REVIEW
FXCM
Established in 1999, FXCM gathered momentum to become one of the leading FX, CFDs and Spread Betting brokers. Regulated by the Financial Conduct Authority (FCA), and CySEC, they keep client money segregated from their company funds. Spread Betting clients in the UK are trading with FXCM UK and further to their funds being segregated, they are also covered by the Financial Services Compensation Scheme (FSCS).
FXCM offer support in 10+ languages including English, Spanish, Chinese and Arabic. You can contact them via email, phone, and chat. They offer support 24/5.
In terms of platforms, FXCM offer MT4, the leading trading platform from Metaquotes. They also offer their unique platform called Trading Station– another popular platform with retail traders. NinjaTrader is also an option for FXCM clients. Their platforms have web, desktop, and mobile versions. FXCM gives traders the opportunity to spread bet on MT4.
FXCM has an educational section on its website with sections on trading forex and different asset classes. They also have trading guides and hold regular webinars to help spread betting traders learn about markets. FXCM also have in house market analysts who post market analysis daily.
In terms of markets and symbols offered when you spread bet with FXCM, you can access over 90 symbols across the following markets: Forex, Stocks, Commodities, and Indices. This is where their offering on spread betting isn’t that good, as other provider offer more markets.
Popular funding methods that are available with FXCM include: Credit/Debit cards and Bank Transfer.
IG
IG was established in 1974 and since then it has gathered momentum to become one of the leading FX, CFDs and Spread Betting brokers. Regulated by the Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA) and Australian Securities and Investments Commission (ASIC), they keep client money segregated from their company funds. Spread Betting clients in the UK trade with IG UK and further to their funds being segregated, they are also covered by the Financial Services Compensation Scheme (FSCS).
IG offer support in many languages including English, Spanish, German and Portuguese. You can contact them via email, phone, and chat. They offer support 24/7.
In terms of platforms, IG offer MT4, one of the mainstream trading platforms from Metaquotes. They also offer their unique platform which is very popular platform with retail traders. Their platforms have web, desktop, and mobile versions. IG are one of the first spread betting brokers which offers MT4.
IG has an educational section on its website with sections on trading forex and different asset classes. They also have trading guides and hold regular webinars to help spread betting traders learn about markets. They focus on interactive education with online trading courses and IG Academy. IG also have in house market analysts who post market analysis daily. Trading tools in the form of apps (Expert Advisers EAs) for MT4 are available. Trading signals and Pro-real time charts are at your disposal as well.
Finally in terms of markets and symbols offered when you spread bet with IG, you can access over 17000 symbols across the following markets: Forex, Stocks, ETFs, Commodities, and Indices.
You can check a full list of brokers which offer Spread Betting on MT4 here.
