Non-MetaTrader forex brokers are the brokers that do not offer MetaTrader 4 or MetaTrader 5 trading platforms. Instead, these brokers offer their own proprietary trading platforms, NinjaTrader, cTrader, TradingView, or similar trading platforms. We compared dozens of brokers in areas such as regulations, customer service, and overall experience to help you choose the best. The following are our top 10 non-MetaTrader forex brokers.
Best Non-MetaTrader Forex Brokers
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Exceptional Execution
US Clients
Scalping
Pros
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OANDA is among the few international online forex brokers that accept U.S. clients.
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The broker’s trading platforms are unique with features of various valuable tools and resources, including the famous Dow Jones Forex Select news and trading calculators.
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OANDA does not require a fixed initial deposit on the standard account.
Cons
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OANDA’s financial offerings have some irregularities that may only suit some traders
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-Trading on OANDA may incur several fees, including a monthly inactivity fee
Withdrawal fee
N/A
Deposit fee
4
Max leverage
1:50
Min deposit
N/A
Top Regulators
CFTC, NFA
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trusted
Available in
1
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Exceptional Execution
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US Clients
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Scalping
Pros
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OANDA is among the few international online forex brokers that accept U.S. clients.
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The broker’s trading platforms are unique with features of various valuable tools and resources, including the famous Dow Jones Forex Select news and trading calculators.
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OANDA does not require a fixed initial deposit on the standard account.
Cons
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OANDA’s financial offerings have some irregularities that may only suit some traders
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-Trading on OANDA may incur several fees, including a monthly inactivity fee
- Withdrawal feeN/A
- Deposit feeN/A
- Max Leverage1:50
Free VPS hosting
24/7 Customer Service
Very High Leverage
Pros
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Ultra-High Leverage: Capitalcore offers one of the highest leverage in the industry. Traders can get much bigger positions with 1:2000 leverage when trading with Classic accounts.
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Swap-Free Accounts & No Hidden Fees: The broker does not charge overnight swap interest or trading commissions on any instrument. The company also does not charge inactivity fees, withdrawal fees, and deposit fees unlike other brokers.
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Binary Options and CFD Trading Options: Trade 35+ forex pairs, major stock indices, metals, cryptos, and even binary options.
Cons
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Offshore Regulation: Capitalcore is not regulated by a tier -1 regulator. The company operates under an offshore IFSA regulation in St. Vincent & the Grenadines.
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No MT4/MT5 or cTrader Support: The broker only offers proprietary platforms, with no MetaTrader or other third-party platforms for those who prefer industry-standard software or automated EA trading.
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Limited Number of Tradable Assets: Capitalcore lacks many tradable assets. For example, the broker does not offer ETFs and only has limited commodities like no agricultural products.
Withdrawal fee
$0
Deposit fee
4.1
Max leverage
1:2000
Min deposit
$10
Top Regulators
No
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Available in
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Free VPS hosting
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24/7 Customer Service
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Very High Leverage
Pros
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Ultra-High Leverage: Capitalcore offers one of the highest leverage in the industry. Traders can get much bigger positions with 1:2000 leverage when trading with Classic accounts.
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Swap-Free Accounts & No Hidden Fees: The broker does not charge overnight swap interest or trading commissions on any instrument. The company also does not charge inactivity fees, withdrawal fees, and deposit fees unlike other brokers.
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Binary Options and CFD Trading Options: Trade 35+ forex pairs, major stock indices, metals, cryptos, and even binary options.
Cons
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Offshore Regulation: Capitalcore is not regulated by a tier -1 regulator. The company operates under an offshore IFSA regulation in St. Vincent & the Grenadines.
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No MT4/MT5 or cTrader Support: The broker only offers proprietary platforms, with no MetaTrader or other third-party platforms for those who prefer industry-standard software or automated EA trading.
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Limited Number of Tradable Assets: Capitalcore lacks many tradable assets. For example, the broker does not offer ETFs and only has limited commodities like no agricultural products.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:2000
Specialized trading accounts
24/7 instant money withdrawal
Proprietary platform
Mobile trading
Pros
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Lack of Investor Protection Features: Libertex offers much higher leverage than most brokers. Retail traders can enjoy leverage up to 1:999 on CFD trades, enabling traders to control much bigger positions for their investments.
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Extensive Range of Tradable Instruments and Stocks: Libertex provides access to 250+ CFDs across forex, commodities, indices, metals, energies, cryptocurrencies, ETFs, and bonds. Uniquely, the broker also allows investing in real stocks with over 300 stocks.
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Major and Proprietary Trading Platforms: You can access popular trading platforms like MT4 and MT5. In addition, you can also trade with the company’s proprietary trading platform.
Cons
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Offshore Regulatory Status: Libertex.org is not regulated by top-tier authorities like CySEC or FCA. Instead, it operates under offshore jurisdictions (St. Vincent & the Grenadines and Mauritius).
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Lack of Investor Protection Features: Being offshore regulated, Libertex does not offer security features like investor protection schemes that brokers with a tier-1 regulation offer.
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No Islamic (Swap-Free) Accounts: The broker does not offer Islamic accounts for interest-free trading. All accounts incur overnight swap charges on CFD positions.
Withdrawal fee
$0
Deposit fee
4.8
Max leverage
1:600
Min deposit
€100
Top Regulators
CySEC
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trusted
Not available in
3
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Specialized trading accounts
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24/7 instant money withdrawal
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Proprietary platform
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Mobile trading
Pros
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Lack of Investor Protection Features: Libertex offers much higher leverage than most brokers. Retail traders can enjoy leverage up to 1:999 on CFD trades, enabling traders to control much bigger positions for their investments.
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Extensive Range of Tradable Instruments and Stocks: Libertex provides access to 250+ CFDs across forex, commodities, indices, metals, energies, cryptocurrencies, ETFs, and bonds. Uniquely, the broker also allows investing in real stocks with over 300 stocks.
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Major and Proprietary Trading Platforms: You can access popular trading platforms like MT4 and MT5. In addition, you can also trade with the company’s proprietary trading platform.
Cons
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Offshore Regulatory Status: Libertex.org is not regulated by top-tier authorities like CySEC or FCA. Instead, it operates under offshore jurisdictions (St. Vincent & the Grenadines and Mauritius).
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Lack of Investor Protection Features: Being offshore regulated, Libertex does not offer security features like investor protection schemes that brokers with a tier-1 regulation offer.
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No Islamic (Swap-Free) Accounts: The broker does not offer Islamic accounts for interest-free trading. All accounts incur overnight swap charges on CFD positions.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:600
Rating
4.4
/ 5
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Retail investor losses range from 72% to 95% across regulators (CySEC: 72.2%, BaFin: 72.6%, FCA: 72%, SCB: 80%, CMA: 75–95%).
Free VPS hosting
24/7 instant money withdrawal
Specialized trading accounts
Pros
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Strong Regulatory Oversight
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Fast Execution Speeds
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Wide Range of Trading Instruments
Cons
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Platform Complexity for Beginners
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Limited Educational Resources for Advanced Traders
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Limited Demo Account Access
Withdrawal fee
N/A
Deposit fee
4.6
Max leverage
N/A
Min deposit
N/A
Top Regulators
ASIC, BaFIN, CYSEC, FCA
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trusted
Not available in
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Free VPS hosting
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24/7 instant money withdrawal
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Specialized trading accounts
Pros
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Strong Regulatory Oversight
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Fast Execution Speeds
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Wide Range of Trading Instruments
Cons
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Platform Complexity for Beginners
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Limited Educational Resources for Advanced Traders
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Limited Demo Account Access
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
Start trading
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Retail investor losses range from 72% to 95% across regulators (CySEC: 72.2%, BaFin: 72.6%, FCA: 72%, SCB: 80%, CMA: 75–95%).
Specialized trading accounts
Pros
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Highly Regulated and Trustworthy
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Excellent Educational Resources
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User-Friendly Platforms
Cons
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High Inactivity Fees
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High Pricing for Retail Accounts
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Does Not Allow US & Canadian Clients
Withdrawal fee
$0
Deposit fee
4.1
Max leverage
1:400
Min deposit
$100
Top Regulators
ASIC, CBI
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Not available in
5
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Specialized trading accounts
Pros
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Highly Regulated and Trustworthy
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Excellent Educational Resources
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User-Friendly Platforms
Cons
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High Inactivity Fees
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High Pricing for Retail Accounts
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Does Not Allow US & Canadian Clients
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:400
No minimum deposit
No inactivity fee
Financial Times Subscription
WebTrader Platform
Trading Education
Pros
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No minimum deposit
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No inactivity fees
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15000 tradable instruments
Cons
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No MetaTrader Support
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Limited availability
Withdrawal fee
$0
Deposit fee
4.3
Max leverage
1:30
Min deposit
$0
Top Regulators
FCA
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Not available in
6
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No minimum deposit
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No inactivity fee
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Financial Times Subscription
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WebTrader Platform
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Trading Education
Pros
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No minimum deposit
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No inactivity fees
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15000 tradable instruments
Cons
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No MetaTrader Support
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Limited availability
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:30
Start trading
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65% of retail CFD accounts lose money with this broker.
Best for Advanced Trader
Proprietary trading platform
Multiple regulations
Wide range of trading Instruments
Pros
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
Cons
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
Withdrawal fee
No
Deposit fee
4.3
Max leverage
1:100
Min deposit
No
Top Regulators
ASIC, FCA, JFSA, CySEC, FINMA
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Not available in
7
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Best for Advanced Trader
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Proprietary trading platform
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Multiple regulations
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Wide range of trading Instruments
Pros
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
Cons
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
- Withdrawal feeNo
- Deposit feeNo
- Max Leverage1:100
Multilingual Customer Support
Extensive Range of CFDs
Pros
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Extensive Range of Tradable CFDs: SuxxessFX offers around double (320+ in total) the number of tradable assets you usually get from a broker.
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No Withdrawal, Deposit, and Inactivity Fees: The trading fees from SuxxessFX are very straightforward with no fees on withdrawals, deposits, and inactivity.
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Proprietary Mobile and Browser Trading Apps: Instead of third-party trading platforms, SuxxessFX offers proprietary WebTrader and mobile trading apps.
Cons
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No MetaTrader 4 or MetaTrader 5 Options: MetaTrader 4 and MetaTrader 5 are super popular trading platforms among traders. SuxxessFX does not offer these platforms.
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Lack of Educational Resources: Brokers usually have extensive material for traders on their websites. SuxxessFX has a brief FAQs section on their website instead.
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Offshore Regulation: Even though the company is registered in Cyprus, the company operates under FSA Seychelles regulation. It could be a step to avoid strictness tier-1 regulatory bodies usually have.
Withdrawal fee
$0
Deposit fee
4.1
Max leverage
1:200
Min deposit
$250
Top Regulators
No
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Not available in
Expand
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Multilingual Customer Support
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Extensive Range of CFDs
Pros
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Extensive Range of Tradable CFDs: SuxxessFX offers around double (320+ in total) the number of tradable assets you usually get from a broker.
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No Withdrawal, Deposit, and Inactivity Fees: The trading fees from SuxxessFX are very straightforward with no fees on withdrawals, deposits, and inactivity.
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Proprietary Mobile and Browser Trading Apps: Instead of third-party trading platforms, SuxxessFX offers proprietary WebTrader and mobile trading apps.
Cons
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No MetaTrader 4 or MetaTrader 5 Options: MetaTrader 4 and MetaTrader 5 are super popular trading platforms among traders. SuxxessFX does not offer these platforms.
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Lack of Educational Resources: Brokers usually have extensive material for traders on their websites. SuxxessFX has a brief FAQs section on their website instead.
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Offshore Regulation: Even though the company is registered in Cyprus, the company operates under FSA Seychelles regulation. It could be a step to avoid strictness tier-1 regulatory bodies usually have.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:200
24/5 Support
Proprietary Mobile App
Pros
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A Wide Range of Tradable Assets: TradGrip offers around 250 tradable assets including forex, cryptocurrencies, stocks, commodities, indices, and ETFs.
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Multiple Tiered Accounts for All Traders: You get the option to choose from 3 live trading accounts Silver, Gold, and Platinum and a demo account.
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WebTrader and Proprietary Mobile App: Trade with the browser based WebTrader or trade from the company’s proprietary mobile trading app.
Cons
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No Swap Free or Islamic Accounts: Swap-free or Islamic accounts are not available on TradGrip. All the accounts charge swap fees for overnight positions. However, swap discounts are available on Gold and Platinum accounts.
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Offshore Regulation: TradGrip is regulated by MISA in the Union of Comoros. MISA is not a tier 1 regulator.
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No MT4 or MT5 Options: TradGrip offers WebTrader and does not offer MetaTrader 4 and MetaTrader 5 trading platforms.
Withdrawal fee
$0
Deposit fee
4.1
Max leverage
1:200
Min deposit
$250
Top Regulators
No
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Not available in
9
Expand
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24/5 Support
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Proprietary Mobile App
Pros
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A Wide Range of Tradable Assets: TradGrip offers around 250 tradable assets including forex, cryptocurrencies, stocks, commodities, indices, and ETFs.
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Multiple Tiered Accounts for All Traders: You get the option to choose from 3 live trading accounts Silver, Gold, and Platinum and a demo account.
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WebTrader and Proprietary Mobile App: Trade with the browser based WebTrader or trade from the company’s proprietary mobile trading app.
Cons
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No Swap Free or Islamic Accounts: Swap-free or Islamic accounts are not available on TradGrip. All the accounts charge swap fees for overnight positions. However, swap discounts are available on Gold and Platinum accounts.
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Offshore Regulation: TradGrip is regulated by MISA in the Union of Comoros. MISA is not a tier 1 regulator.
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No MT4 or MT5 Options: TradGrip offers WebTrader and does not offer MetaTrader 4 and MetaTrader 5 trading platforms.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:200
Multilingual Support
Pros
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Extensive Range of Tradable Assets: CapPlace offers around 300 tradable assets ranging from forex, cryptocurrencies, stocks, commodities, indices, and ETFs.
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Tiered Accounts for All Traders: You get the option to choose from 3 live trading accounts (Silver, Gold, and Platinum) and a demo account.
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Mobile App and WebTrader: Trade with the browser-based WebTrader or trade from the company’s app on Android and iOS devices.
Cons
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No Swap-Free or Islamic Accounts: Swap-free or Islamic Accounts are not available on CapPlace. All the accounts charge swap fees for overnight held positions.
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Offshore Regulation: CapPlace is regulated by MISA in the Union of Comoros. MISA is not a tier-1 regulator.
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No MT4 or MT5 Options: CapPlace does not offer MetaTrader4 and MetaTrader5 trading platforms.
Withdrawal fee
$0
Deposit fee
4.1
Max leverage
1:200
Min deposit
$250
Top Regulators
No
Add to compare list
Not available in
10
Expand
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Multilingual Support
Pros
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Extensive Range of Tradable Assets: CapPlace offers around 300 tradable assets ranging from forex, cryptocurrencies, stocks, commodities, indices, and ETFs.
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Tiered Accounts for All Traders: You get the option to choose from 3 live trading accounts (Silver, Gold, and Platinum) and a demo account.
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Mobile App and WebTrader: Trade with the browser-based WebTrader or trade from the company’s app on Android and iOS devices.
Cons
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No Swap-Free or Islamic Accounts: Swap-free or Islamic Accounts are not available on CapPlace. All the accounts charge swap fees for overnight held positions.
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Offshore Regulation: CapPlace is regulated by MISA in the Union of Comoros. MISA is not a tier-1 regulator.
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No MT4 or MT5 Options: CapPlace does not offer MetaTrader4 and MetaTrader5 trading platforms.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:200
The Guide to Choosing a Non-MetaTrader Platform
Let’s take a short overview of the list of the leading non-MT4 platforms presented in the Forex trading market. The majority of non-MetaTrader Forex brokers offer their customers the ECN-trading-friendly platform Currenex, which allows operating swaps and spot Forex using Straight-Through Processing. It perfectly suits traders who operate large volumes because ECN is recognized as the most cost-effective trading.
The rest trading platforms on the list are developed by the best non-MetaTrader Forex broker means and meet each company’s special requirements. That’s why traders can experience certain confusion due to the lack of common features all other platforms have. So, you should lay particular emphasis on a non-MetaTrader Forex platform that you are going to use as a main tool in trading.
Trading Station II can offer its users a tremendous variety of orders types and working modes allowing placing orders in one click, double click, or in a special mode, called “click and confirm.” cTrader is another ECN-trading friendly platform that suggests a tool for conducting a market technical survey in pair with extended charting package. ActTrader Forex brokers allow users to fasten trading, e.g. opening new positions and managing current ones, via a one-click feature. Flexibility and the ability to detach windows serve as additional benefits of this platform. Mirror Trader is taken for a social Forex platform, which has an interesting ability to mirror other traders’ actions and skip off manual trading.