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Best MT5 Brokers

MetaTrader 5 is the successor to MetaTrader 4, the world's most popular retail FX trading platform. Compare MT5 brokers now.

FXTM
FXTM »
ECN Account ?
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FxPro
FxPro »
MT5 Floating - Market Exec. ?
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LiteForex
LiteForex »
Classic Account ?
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LiteForex
LiteForex »
Cent Account ?
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Leverage ?Commission / lot ?Min. deposit ? 
FXTM
FXTM »
ECN Account ?
0.1 pips
1:500
$2$500Visit broker
FxPro
FxPro »
MT5 Floating - Market Exec. ?
1.4 pips
1:500
$0$500Visit broker
LiteForex
LiteForex »
Classic Account ?
2 pips
1:500
$0$100Visit broker
LiteForex
LiteForex »
Cent Account ?
3 pips
1:1000
$0$10Visit broker
     

MT5 was released in 2011 as a successor to MetaTrader 4, the world's most popular retail Forex trading platform.

MetaTrader 4 vs. 5

If you are comfortable trading on MetaTrader 4, you might wonder what MetaTrader 5 has to offer:

  • CFDs on stocks, indices and commodities alongside Forex (MT4 is primarily focussed on the Forex market). Note that the range of markets and securities will ultimately depend on your broker.
  • Six types of pending orders and two types of stop orders (MT4 has four types of pending orders).
  • A wider choice of chart time-frames.
  • Additional technical indicators

Automated trading

MetaTrader 5 also supports Expert Advisors, robots that allow you to automate trades and account management tasks. However, you should note that MetaTrader 4 robots are not compatible with MetaTrader 5. If you are particularly keen on using a certain EA, you'll need to check compatibility with your chosen platform.

You can write your own EAs with MetaQuotes Language 5 (MQL5), the platform's built-in programming language. MQL5 is an object-orientated programming language which means you'll feel right at home with it if you're familiar with C++, C#, VB.NET or Java.

Mobile trading

MetaTrader 5 is also available on iPhone and Android. Manage your account, trade online and perform technical analysis drawing on 14 of the most popular indicator in one place.

FXTM

Trade 45 currency pairs and CFDs on shares, indices and metals with market execution ... More »

easyMarkets

Trade Forex and CFDs on metals, commodities and indices on tight fixed spreads from a... More »

FxPro

Trade 69 currency pairs, spot indices, energies, metals and shares on floating spread... More »

HotForex

Trade Forex as well as CFDs on cryptocurrencies, shares, indices, metals and more on ... More »