Best MT4 Brokers in Iceland

FxPro is a global forex and CFD broker founded in 2006 and headquartered in Limassol, Cyprus, with offices in London. Regulated by FCA, CySEC, FSCA, and SCB, it serves traders in Iceland with access to over 2,100 instruments across forex, indices, stocks, commodities, and cryptocurrencies. Known for fast execution, competitive spreads, and four platforms: MT4, MT5, cTrader, and FxPro Platform.

BlackBull Markets is a regulated multi-asset broker headquartered in Auckland, New Zealand, offering an institutional-grade trading environment for retail and professional traders. The broker serves clients in over 180 countries and provides access to more than 26,000 instruments, including stocks, forex, CFDs, commodities, ETFs and bonds. Traders can operate through platforms such as TradingView, MetaTrader 4, MetaTrader 5 and cTrader, as well as proprietary solutions like BlackBull CopyTrader and BlackBull Invest. Account types include ECN Standard, ECN Prime and Prime+, with spreads starting from 0.0, competitive commissions and leverage of up to 1:500, depending on the setup.

IC Markets is a global forex and CFD broker founded in 2007 and headquartered in Sydney, Australia. Regulated by ASIC, CySEC, and FSA Seychelles, it serves traders in Iceland with access to over 2,200 instruments including forex, indices, commodities, stocks, and cryptocurrencies. Known for ultra-low spreads and fast execution, it supports MT4, MT5, cTrader, and TradingView.

AvaTrade is a leading broker in the Forex and CFD market. Since its founding in Ireland in 2006, AvaTrade has experienced exponential growth: by 2026, the company had over 8 million clients. AvaTrade offers CFDs on Forex, Indices, Commodities, Cryptocurrencies, Stocks, Bonds, Options, and Futures.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

NAGA is a social trading and investing platform founded in 2015 and headquartered in Cyprus, offering stocks, CFDs, crypto, and copy trading features. Regulated by CySEC and other authorities, it serves traders in Iceland with access to thousands of instruments and a unique social trading community. Known for its NAGA AutoCopy feature and competitive trading conditions.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.