Best MT5 Brokers

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

	EUR/USD (EURUSD) AUD/USD (AUDUSD) EUR/USD (EURUSD) GBP/USD (GBPUSD) USD/CHF (USDCHF) USD/INR (USDINR)	Leverage	Commission / lot	Min. deposit
InstaForex Standard Account	3 pips 3 pips 3 pips 3 pips NA NA	1:1000 1:1000 1:1000 1:1000 NA NA	$0	$1	Visit broker »
LiteForex Cent Account	3 pips 3 pips 3 pips 5 pips NA NA	1:1000 1:1000 1:1000 1:1000 NA NA	$0	$10	Visit broker »
LiteForex Classic Account	2 pips 2 pips 2 pips 4 pips NA NA	1:500 1:500 1:500 1:500 NA NA	$0	$100	Visit broker »
InstaForex Eurica Account	0 pips 0 pips 0 pips 0 pips NA NA	1:1000 1:1000 1:1000 1:1000 NA NA	$30	$1	Visit 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.

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