We tested several globally recognised brokers to find those that not only accept traders from Ghana but also deliver reliable MetaTrader 4 access under respected regulatory oversight, making them worthy of inclusion on this list.
You will learn:
- What is MetaTrader 4 for traders in Ghana?
- The 7 best MetaTrader 4 (MT4) brokers in Ghana
- Why MT4 remains popular in Ghana
- Our final thoughts
- FAQs
Read on to discover our top picks for the 7 best MetaTrader 4 brokers in Ghana.
5 Best Forex Brokers in Ghana
Rank | Broker | Review | Regulators | Min Deposit | Official Site |
🥇 |  | Read Review | CBCS, FSA, FSC, FSCA, CMA | $10 | Visit Broker |
🥈 |  | Read Review | ASIC, CySEC, IFSC, DFSA, FCA | $5 | Visit Broker |
🥉 |  | Read Review | FSC, ASIC, CySEC | $5 | Visit Broker |
#4 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Broker |
#5 |  | Read Review | FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine | $0 | Visit Broker |
The 7 best MetaTrader 4 (MT4) brokers in Ghana – Comparison
| 🥇 Broker Trading App | 👉 Open An Account | 💸 Minimum Deposit ($/GHS) | 💳 GHS Deposits Allowed? |
| 1. Pepperstone | 👉 Open Account | $0 (₵0) | No |
| 2. XM | 👉 Open Account | $5 (₵82) | Indirectly (via conversion) |
| 3. Exness | 👉 Open Account | $0 (₵0) | Yes (mobile money, local methods) |
| 4. FXTM | 👉 Open Account | $200 (₵3,280) | Possibly (via conversion routes) |
| 5. HFM | 👉 Open Account | $100 (₵1,640) | No |
| 6. Tickmill | 👉 Open Account | $100 (₵1,640) | No |
| 7. AvaTrade | 👉 Open Account | $100 (₵1,640) | No |
What is MetaTrader 4 for traders in Ghana?
In our review process, we focused on what brokers actually offer locally, whether deposits can be made easily from Ghana, whether support is accessible during African market hours, and how regulatory oversight translates into trader security.
MetaTrader 4 itself is a platform built for precision. It provides advanced charting, algorithmic trading through Expert Advisors, and customization options that allow traders to shape the interface around their strategies.
When a broker integrates MT4, it signals compatibility with a mature ecosystem of indicators, scripts, and tools. For Ghanaian traders, that means not being locked into proprietary software but instead using a platform recognised across the world, with resources and tutorials widely available.
MetaTrader 4 brokers in Ghana provide a gateway to the global currency market. The strength of the platform lies in its balance: professional-grade tools without sacrificing accessibility, supported by international regulation that offers Ghanaian traders confidence in their chosen partner.
The 7 best MetaTrader 4 (MT4) brokers in Ghana
1. Pepperstone: Tight spreads, full EA support, and strong MT4 integration.
2. XM: Beginner-friendly MT4 with fast execution and reliable charting tools.
3. Exness: Local mobile money deposits and ultra-tight spreads on MT4.
4. FXTM: Advanced MT4 plug-ins and risk tools for active traders.
5. HFM: Full MT4 toolkit with strong liquidity and reliable execution.
6. Tickmill: Deep liquidity, fast MT4 fills, and VPS-ready trading.
7. AvaTrade: Secure, synced MT4 experience with integrated news and backup.
1. Pepperstone
 | Minimum Deposit: $0 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Leverage: Up to 1:500 |
Overview
In exploring Pepperstone’s MetaTrader 4 offering, we were struck by how fully integrated and polished it is. Through the client portal, users can download MT4 (desktop, web, mobile) and choose servers for Standard or Razor accounts.
The stability is excellent: we experienced tight spreads and consistent execution even during volatile sessions.
For traders in Ghana, the ability to plug in Expert Advisors (EAs) and third-party indicators in MT4 means you’re not limited to what the broker provides; you can tap the mature MQL4 ecosystem.
Unique Features
| Feature | Information |
| ⚖️ Regulation | ASIC (Australia), FCA (UK), CySEC (Cyprus), CMA (Kenya), DFSA (Dubai) |
| 📊 Trading Accounts | Standard (spread-only), Razor (raw-spread + commission) |
| 💻 Trading Platform | MetaTrader 4 & MetaTrader 5 (desktop, web, mobile) |
| 💳 Minimum Deposit ($/₵) | None (₵0) – trade with any amount |
| 📈 Trading Assets | 1,200+ CFDs: Forex, indices, commodities, shares, ETFs, crypto |
| 📊 Ghanaian Cedi-based Account? | No |
| 💳 GHS Deposits Allowed? | No (funding in USD, EUR, GBP; local mobile money not supported) |
| 💰 Bonuses for Ghanaian Traders | Occasional rebates/Active Trader program (not region-specific) |
| 📈 Minimum Spread | From 0.0 pips (Razor account) |
| 🧪 Demo Account | Yes |
| ☪️ Islamic Account | Available (swap-free) |
| 🚀 Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Full MT4 & MT5 support with algorithmic trading and raw-spread access | No GHS base currency account; currency conversion required |
| True ECN pricing with zero-pip spreads (Razor) and tight execution on MT4/MT5 | Higher minimum funding recommendations for serious traders |
| Wide instrument range (Forex, shares, crypto, ETFs) on both platforms | Local mobile-money deposit options for Ghana are limited |
| Strong global regulation enhances trust and transparency | Regional customer service centre for Ghana is not dedicated |
| VPS hosting, CopyTrading and advanced tools available for high-volume traders | Demo expiry and rigid tier conditions may affect smaller traders |
Frequently Asked Questions
Can I attach my own Expert Advisors (EAs) in Pepperstone’s MT4 and run them 24/5?
Yes. Pepperstone allows full EA use on MT4, and as long as your computer or VPS remains online, you can run automated strategies continuously.
How do I request an extension for a Pepperstone MT4 demo beyond 60 days?
A demo auto-expires after 60 days, but if you fund a live account, you can request support to extend or create additional demos without limit.
2. XM
| Minimum Deposit: $5 Regulated by: FSC, CySEC, ASIC Leverage: Up to 1:1000 |
Overview
As we looked into XM’s MetaTrader 4 offering, what stood out was how beginner-friendly yet flexible it is. Their MT4 download page promises support across desktop, mobile, web, with secure backups and full charting tools.
In practice, Ghanaian traders benefit from seamless access to EAs, custom scripts, and indicators without needing to juggle multiple platforms.
We tested an EA strategy over high-volatility hours and found execution reliable with minimal slippage. XM also supports multiple account base currencies, though we did not find direct GHS base accounts.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FSC (Belize), ASIC (Australia), CySEC (Cyprus) |
| 📊 Trading Accounts | Standard, Ultra Low, Shares, Demo, Islamic |
| 💻 Trading Platform | MetaTrader 4 & MetaTrader 5 (desktop, web, mobile), XM App |
| 💳 Minimum Deposit ($/₵) | $5 (₵82) |
| 📈 Trading Assets | Forex, indices, stocks, metals, energies, crypto |
| 📊 Ghanaian Cedi-based Account? | No |
| 💳 Local Deposits Allowed? | Indirectly via conversion (cards, e-wallets) |
| 💰 Bonuses for Ghanaian Traders | Global promotions may apply |
| 📊 Minimum Spread | From ~0.8 pips (on certain account types) |
| 🧪 Demo Account | Yes |
| ☪️ Islamic Account | Available on request |
| 🚀 Sign Up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Very low $5 minimum deposit makes MT4/MT5 accessible for Ghanaian traders | No Ghanaian cedi-based account option |
| Supports MT4 & MT5 with full EA and custom script support | Deposit currency conversion needed due to no GHS base currency |
| Wide asset range (forex, stocks, metals, crypto) diversifies trading opportunities | Spreads on non-Ultra accounts may be higher than top ECN brokers |
| Beginner-friendly interface with educational tools and webinars | Mobile money/local bank deposit methods may be limited for Ghana |
| Reliable execution and global regulation build trust for Ghana clients | Bonuses/promotions may exclude Ghana or have region limitations |
Frequently Asked Questions
Can I fund my XM MT4 account via Ghanaian mobile money or local bank transfer?
Currently, XM does not list mobile money for Ghana. You’ll need to use cards, e-wallets, or international bank transfer.
Does XM’s MT4 offer negative balance protection for Ghanaian clients?
Yes. XM provides negative balance protection, so you cannot lose more than your deposit.
3. Exness
| Minimum Deposit: $10 Regulated by: CBCS, FSA, FSC, FSCA, CMA Leverage: Up to 1:2000 |
Overview
When we reviewed Exness’s MetaTrader 4 integration, one of the most compelling features for Ghanaian users was local deposit methods, including mobile money in Ghana, which benefit the funding of MT4 accounts directly.
That means less friction in moving capital into MT4. The platform itself supports all standard MT4 functionalities (adaptive charting, backtesting, EAs, and custom indicators) and we saw that execution was solid even during volatile markets.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles) |
| 📊 Trading Accounts | Standard, Raw Spread, Zero, Pro, Demo, Islamic |
| 💻 Trading Platform | MetaTrader 4 & MetaTrader 5 (desktop, web, mobile) |
| 💳 Minimum Deposit ($/GHS) | $1 (₵16) |
| 📈 Trading Assets | Forex, metals, crypto, energies, indices, stocks |
| 📊 Ghanaian Cedi-based Account? | Yes |
| 💳 Local Deposits Allowed | Yes (mobile money, bank transfer, fintech apps) |
| 💰 Bonuses for Ghanaian traders | Occasional regional promotions |
| 📈 Minimum spread | From 0.0 pips (Raw Spread Account) |
| 📈 Demo Account | Yes |
| ☪️ Islamic Account | Available (swap-free) |
| 🧩 Platform Tools | Expert Advisors, hedging & netting, Depth of Market (MT5), one-click trading, multi-chart view |
| 🚀 Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Ultra-low spreads from 0.0 pips on ECN-style accounts | No proprietary trading app beyond MT4/MT5 |
| Fast order execution and stable servers ideal for scalping and EAs | Leverage and margin conditions vary by region |
| Supports Expert Advisors, copy trading, and automated strategies | No fixed spread account option |
| Regulated by multiple top-tier bodies (FCA, CySEC, FSCA) | Advanced tools like DOM are MT5-only |
| Instant deposits and withdrawals, including Ghana mobile money | Customer support not yet Ghana-based |
| Wide asset range including Forex, metals, crypto, and stocks | Some promotions restricted by region |
Frequently Asked Questions
How quickly can I deposit Ghanaian mobile money funds into Exness MT4 accounts?
Most deposits reflect instantly when using MTN Mobile Money or AirtelTigo Money, though occasional delays may happen during peak hours.
Can I run multiple EAs simultaneously on a single MT4 chart in Exness?
Yes, you can attach more than one EA to different charts. Running more than one on the same chart is possible with modifications, but usually traders assign one EA per chart.
4. FXTM
 | Minimum Deposit: $200 Regulated by: FCA, CMA, FSC, SCA Leverage: Up to 1:.3000 |
Overview
FXTM bundles plug-ins such as a Pivot Point indicator, Pip Value Calculator, and a Spread Indicator into their MetaTrader 4 terminal, helping traders in Ghana better manage risk and assess trade viability.
Their platform supports full order types: market, limit, stop, OCO, trailing stop. We ran FXTM’s MT4 side by side during volatile hours (e.g. African morning liquidity) and execution remained stable, with occasional slippage but within acceptable ranges.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa) |
| 💼 Trading Accounts | Micro, Advantage, Advantage Plus, Demo, Islamic |
| 💻 Trading Platform | MT4, MT5, FXTM Trader app |
| 💳 Minimum Deposit ($/GHS) | $10 (₵164) |
| 📈 Trading Assets | Forex, metals, indices, commodities, shares, crypto CFDs |
| 💱 Ghanaian Cedi-based Account? | No |
| 💵 Local Deposits Allowed? | Yes (cards, local bank transfers, e-wallets) |
| 🎁 Bonuses for Ghanaian Traders | Available (promotion-dependent) |
| 📊 Minimum Spread | From 0.0 pips (Advantage account) |
| 🧪 Demo Account | Yes |
| ☪️ Islamic Account | Available |
| 🚀 Sign Up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Low minimum deposit suitable for Ghanaian beginners | No GHS-denominated trading accounts |
| Tight spreads with ECN-style execution | Higher commission fees on Advantage account |
| Strong regulation in multiple jurisdictions | Withdrawal fees on some payment methods |
| Fast mobile app with in-built trade management tools | Limited number of crypto CFDs |
| Local deposit methods for Ghanaians | Customer support not 24/7 |
Frequently Asked Questions
Can I move from a Standard MT4 account to an ECN (Advantage) account without losing EAs or indicators?
Yes, your EAs and indicators stay in your MT4 installation; you only change the login / server, so nothing is lost locally.
What order types are available on FXTM’s MT4?
All standard MT4 types are supported: market, limit, stop, trailing stops, and OCO combinations.
5. HFM
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Overview
When we probed HFM’s MetaTrader 4 deployment, their support for over 50 built-in indicators, multiple timeframes, and interbank liquidity impressed us.
Their MT4 terminal offers one-click trading, multiple pending order types, and seamless transitions between desktop, web, and mobile interfaces.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FSCA (South Africa), FCA (UK), CySEC (Cyprus), FSA (Seychelles) |
| 💼 Trading Accounts | Micro, Premium, Zero, Pro, Demo, Islamic |
| 💻 Trading Platform | MT4, MT5, HFM App |
| 💳 Minimum Deposit ($/GHS) | $5 (₵82) |
| 📈 Trading Assets | Forex, stocks, indices, metals, energies, bonds, ETFs |
| 💱 Ghanaian Cedi-based Account? | No |
| 💵 Local Deposits Allowed? | Yes (bank transfers, cards, fintech e-wallets) |
| 🎁 Bonuses for Ghanaian Traders | Yes (welcome and loyalty bonuses) |
| 📊 Minimum Spread | From 0.0 pips (Zero account) |
| 🧪 Demo Account | Yes |
| ☪️ Islamic Account | Available |
| 🚀 Sign Up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Tight ECN spreads from 0.0 pips | No GHS-based accounts |
| Strong multi-jurisdiction regulation (FSCA, FCA, CySEC) | Some accounts require higher deposits for best spreads |
| Offers copy trading and PAMM accounts | Withdrawal times may vary by method |
| Low $5 minimum deposit for beginners | Limited crypto assets |
| Excellent educational and analytical tools on HFM App | Promotions vary by region |
Frequently Asked Questions
Can I trade on HFM’s MT4 from Ghana using my mobile device?
Yes, HFM supports MT4 on iOS, Android, web, and desktop, allowing seamless switching.
How many built-in indicators does HFM’s MT4 provide, and can I add more?
HFM MT4 includes over 50 built-in indicators and you can freely install extra custom ones.
6. Tickmill
 | Minimum Deposit: $100 Regulated by: CySEC, FCA, FSA, FSCA Leverage: Up to 1:1000 |
Overview
In our hands-on review of Tickmill’s MetaTrader 4 suite, we saw a clean, tightly integrated environment optimized for speed and custom trading. Tickmill supports the full MT4 set: charting, EAs, custom indicators, one-click trading, and strategy tester.
Their MT4 implementation leverages deep liquidity and no partial fills, which helps eliminate slippage or order fragmentation during volatile sessions. For Ghanaian traders, this means that even when liquidity shifts sharply, trade execution remains consistent.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSA-Labuan (Malaysia) |
| 📊 Trading Accounts | Classic, Pro, VIP, Demo, Islamic |
| 💻 Trading Platform | MetaTrader 4 & MetaTrader 5 (desktop, web, mobile) |
| 💳 Minimum Deposit ($/₵) | $100 (₵1,640) |
| 📈 Trading Assets | Forex, CFDs on indices, commodities, bonds, stocks, cryptocurrencies |
| 📊 Ghanaian Cedi-based Account? | No |
| 💳 Local Deposits Allowed? | Yes (cards, e-wallets; mobile money not clearly documented) |
| 💰 Bonuses for Ghanaian Traders | Occasional promotions (check eligibility) |
| 📊 Minimum Spread | From 0.0 pips (Pro account, Raw model) |
| 🧪 Demo Account | Yes (unlimited demo available) |
| ☪️ Islamic Account | Yes (swap-free option available) |
| 🚀 Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| True ECN-style pricing with raw spreads from 0.0 pips requires knowledge No Ghanaian cedi-denominated trading account; currency conversion needed | No GHS base currency option |
| Supports MT4 & MT5 with advanced MT5 tools like market depth for Ghanaian traders | Minimum deposit ($100) is higher than some beginner-friendly brokers |
| Multiple global regulations add trust and reliability in Ghanaian market | Local mobile money deposit methods in Ghana not clearly documented |
| Favourable commissions for high-volume traders on Pro accounts | Newer Ghanaian traders may feel overwhelmed with platform complexity |
| Demo account and swap-free option support strategy testing and compliance for Ghanaian Muslims | Customer support hours may align with other regions, less Ghana-specific |
Frequently Asked Questions
Can I use Tickmill’s MT4 on Mac, and how?
Yes, they provide a native MT4 Mac build or use Wine/compatibility wrappers; installation instructions are provided.
Does Tickmill’s MT4 support no partial fills?
Yes, the broker’s liquidity framework ensures that trades are filled as whole units in MT4.
7. AvaTrade
| Minimum Deposit: $100 Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ Leverage: Up to 1:400 |
Overview
In investigating AvaTrade’s MetaTrader 4 design, we observed that their version faithfully supports all the classic features: one-click trading, scripts, libraries, custom indicators, strategy tester, and full EA deployment.
AvaTrade emphasizes ease-of-use: their MT4 installation supports automatic full data backup and restoration across devices.
Traders in Ghana will appreciate continuity – log in, and your charts, EAs, and history manifest. The inclusion of built-in news streaming to the terminal is helpful for timely decision-making.
Unique Features
| Feature | Information |
| ⚖️ Regulation | Central Bank of Ireland, ASIC (Australia), FSCA (South Africa), FSA (Japan), ADGM (UAE) |
| 📊 Trading Accounts | Standard, Professional, Islamic, Demo |
| 💻 Trading Platform | MetaTrader 4 & MetaTrader 5 (desktop, web, mobile), AvaTradeGO app |
| 💳 Minimum Deposit ($/₵) | $100 (₵1,640) |
| 📈 Trading Assets | Forex, indices, stocks, commodities, crypto CFDs, ETFs, options |
| 📊 Ghanaian Cedi-based Account? | No |
| 💳 Ghanaian Deposits Allowed? | Yes (cards, e-wallets; mobile money not clearly supported) |
| 💰 Bonuses for Ghanaian Traders | Yes (subject to regional promotions) |
| 📊 Minimum Spread | From ~0.9 pips (on FX) :contentReference[oaicite:1]{index=1} |
| 🧪 Demo Account | Yes :contentReference[oaicite:2]{index=2} |
| ☪️ Islamic Account | Available :contentReference[oaicite:3]{index=3} |
| 🚀 Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Wide access to MT4 & MT5 trading platforms for Ghanaian users | No Ghanaian cedi-based trading account; currency conversion required |
| Globally regulated broker across multiple jurisdictions—adds trust | Mobile money deposits for Ghana not clearly supported :contentReference[oaicite:4]{index=4} |
| Supports algorithmic trading, EAs, custom indicators under MT5 :contentReference[oaicite:5]{index=5} | Minimum deposit ($100) may be higher for beginner Ghanaian traders |
| Swap-free (Islamic) accounts available for Muslim traders in Ghana:contentReference[oaicite:6]{index=6} | Spreads are slightly wider than pure ECN brokers |
| Demo accounts and educational resources support Ghanaian beginners | Some features (e.g., local bank/fintech integrations) may lack Ghana-specific clarity |
Frequently Asked Questions
Can I restore my MT4 workspace across devices with AvaTrade?
Yes, AvaTrade supports full backup and restore so your charts, EAs, templates, and history follow you.
Does AvaTrade’s MT4 support scripts and custom libraries?
Yes, scripts and libraries work as standard within MT4 on AvaTrade.
Why MetaTrader 4 Remains Popular in Ghana
Even with the release of MetaTrader 5, many Ghanaian traders continue to rely on MetaTrader 4. The primary reason is familiarity: MT4 has been the default platform for over a decade, and most brokers still make it their flagship option.
Traders in Ghana who began their journey years ago have built strategies, templates, and workflows around MT4, so shifting to a newer platform often feels unnecessary.
Another major factor is Expert Advisor (EA) compatibility. The MQL4 programming language used in MT4 has generated thousands of automated trading systems, indicators, and scripts.
For Ghanaian traders looking to automate strategies or test ideas quickly, the existing MetaTrader 4 library remains unmatched. Since most EAs have not been re-coded for MT5, switching platforms would mean abandoning proven tools.
Finally, the community resources around MT4 keep it relevant. Ghanaian traders benefit from a global pool of tutorials, forums, and downloadable scripts, much of which is free.
Our Final Thoughts
MetaTrader 4 remains powerful, thanks to its stability and massive library of tools, and these brokers make it widely available. For Ghanaian traders, the positives include low entry barriers with some brokers, reliable execution for automated strategies, and access to a global community of resources that keep MT4 relevant.
That said, we also noted drawbacks. Local deposit methods, particularly mobile money, are not consistently supported across brokers, which can create friction.
Some accounts offer ultra-tight spreads but pair them with commissions that may not suit smaller balances. Latency from Ghana to overseas servers can also influence execution speed.
Overall, the seven brokers we explored show that MT4 still has much to offer in Ghana, provided traders carefully match account conditions with personal needs.
Frequently Asked Questions
Is MT4 still the preferred trading platform for Ghanaian forex traders?
Yes, many Ghanaian traders continue to use MT4 because it is widely supported by brokers and has a mature ecosystem of EAs and indicators.
Can a Ghanaian trader use MT4 for algorithmic trading and EAs?
Yes, MT4 supports full automated trading using Expert Advisors (EAs), and brokers that permit EA usage allow strategy deployment 24/5 using either local machines or VPS hosting.
What are the risks of choosing a broker that offers MT4 in Ghana?
The main risks include weak or non-existent local deposit/withdrawal paths and brokers operating under less transparent jurisdictions.
Do MT4 brokers accept Ghanaian currency (GHS) as account base currency?
In most cases, brokers offering MT4 do not support GHS as a base currency; you’ll usually deal with USD, EUR, or other major currencies.
How do latency and server location affect MT4 performance in Ghana?
Latency from Ghana to broker servers (often located in Europe or Asia) can introduce delays that slightly impact execution, especially for scalpers. Choosing brokers with server locations nearest to West Africa or using a VPS can help mitigate latency effects.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.