Global Broker Regulation Inquiry App
WikiFX
Sergey5 
1-2 years
What are the pros and cons of MetaTrader 4?
Broker Issues
Regulation
2025-06-30
United States
WikiFX
Reply
MetaTrader 4 is registered in Hong Kong. It offers many trading instruments like forex, commodities, indices, stocks, and cryptocurrencies. It provides variable spreads starting from 0.5 and leverage up to 1:500. However, it is unregulated, has many complaints about fund withdrawals and potential scams, and its main website is down.
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