Which spread betting brokers offer MetaTrader?
Verdict
- Pepperstone offers spread betting on both MetaTrader 4 and MetaTrader 5 in the UK, and is our pick: it states this account by account, with no commission on spread bets.
- The same Pepperstone spread betting account also runs on TradingView, cTrader and Pepperstone's own web platform and app.
- Capital.com, IG, CMC Markets and StoneX Trading list MetaTrader too, but their pages in our data don't say spread bets run on it; confirm before you open an account.
- Spreadex publishes no MT4 or MT5, and Plus500's UK site shows neither MetaTrader nor spread betting.
Many UK traders learned on MetaTrader and want to keep their charts, indicators and expert advisors when they switch to spread betting. Not every firm lets spread bets run on MT4 or MT5, even when it offers MetaTrader for CFDs. Pepperstone says plainly which platforms each UK account supports, and the spread betting account gets the widest list.
Pepperstone: spread bets on MT4 and MT5
Pepperstone Limited (FCA 684312) lists five platforms for its UK spread betting account: MT4, MT5, TradingView, cTrader and its own web platform and app. Stakes are in pounds per point, there is no commission, and the account opens from £10. MetaTrader users also get Pepperstone's Smart Trader Tools add-ons, such as Trade Terminal, Correlation Matrix and Mini Terminal.
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Which Pepperstone UK account runs where
Spread betting has fuller platform access than the Standard CFD account, which is limited to Pepperstone's own platform, MT5 and cTrader.
| Platform | Spread betting | Standard CFD | Razor CFD |
|---|---|---|---|
| MetaTrader 4 | Yes | No | Yes |
| MetaTrader 5 | Yes | Yes | Yes |
| TradingView | Yes | No | Yes |
| cTrader | Yes | Yes | Yes |
| Pepperstone web/app | Yes | Yes | Yes |
What other UK firms publish about MetaTrader
Where a firm lists MetaTrader but doesn't say which account it serves, ask support whether you can open a spread betting account on it before you deposit.
- Capital.com: lists MT4 and MT5, offers UK spread betting, and states that expert advisors are allowed. Whether spread bets run on MetaTrader isn't stated in our data.
- IG: lists MT4 and MT5 alongside its own platform, ProRealTime, L2 Dealer and TradingView.
- CMC Markets: lists MT4, including WebTrader, next to its Next Generation platform.
- StoneX Trading: lists MT4 and TradingView, and offers spread betting and CFD accounts.
- Spreadex: its own platform, apps and TradingView; we found no MT4 or MT5.
MT4 or MT5 for spread betting
Both work on Pepperstone's spread betting account, so the choice comes down to your tools. Keep MT4 if your expert advisors and custom indicators are written for it; Pepperstone supports algorithmic trading and EAs on both versions. Move to MT5 if you're starting fresh. If you mainly chart rather than automate, TradingView on the same account may suit you better.
Questions to ask before you switch
- Does the spread betting account, not just the CFD account, run on MetaTrader?
- Are stakes shown in pounds per point inside MT4/MT5, and how is position size entered?
- Will your EAs run unchanged, and is a VPS available? Pepperstone offers a free VPS to eligible and professional clients.
- Are the same markets available on MetaTrader as on the broker's own platform?
Sources
Platform lists as published by each firm.
Can I spread bet on MetaTrader 4 with Pepperstone?
Yes. Pepperstone lists MT4 and MT5 for its UK spread betting account.
Can I use expert advisors on a spread betting account?
At Pepperstone, MetaTrader supports expert advisors, and spread betting runs on MT4 and MT5. Test an EA on small stakes first, because pounds-per-point sizing differs from lots.
Does Spreadex offer MetaTrader?
We found no MT4 or MT5 on Spreadex's site; it offers its own platform, apps and TradingView.
Spread bets are leveraged derivatives and carry a high risk of losing money quickly. Pepperstone states that 73.6% of retail investor accounts lose money when trading spread bets and CFDs with it. Not investment advice; confirm platform terms with each firm.