Best MetaTrader 5 Brokers

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

AvaTrade (AvaTrade.com) is an award winning online broker. Access a wide range of markets spanning Forex, crypto-currencies, shares, metals and more on competitive spreads.

  • Currency pairs: 60
  • Markets: Commodities (CFD), Cryptos (CFD), Energy (CFD), Forex (CFD), Indices (CFD), Metals (CFD), Shares (CFD)
  • Platforms: Copy trading, MetaTrader 4, MetaTrader 5
  • Regulators: Australia, BVI, Ireland, Japan, South Africa, UAE
  • Incorporated: 2006

$100
deposit

1:400
leverage

0.9 pips
EUR/USD

$100
deposit

1:30
leverage

0.9 pips
EUR/USD

$100
deposit

1:400
leverage

1.9 pips
EUR/USD

$100
deposit

1:30
leverage

1.9 pips
EUR/USD

$100
deposit

1:400
leverage

0.6 pips
EUR/USD

Risk warning ?

FxPro (FxPro.com) is a global broker, winner of 60+ awards including "Best FX Provider" in the 2019, 2017 and 2016 Online Personal Wealth Awards.

  • Currency pairs: 70+
  • Markets: Commodities (CFD), Energy (CFD), Forex (CFD), Indices (CFD), Metals (CFD), Shares (CFD)
  • Platforms: Copy trading, cTrader, MetaTrader 4, MetaTrader 5
  • Regulators: Bahamas, CySEC, South Africa, UK
  • Incorporated: 2006

$500
deposit

1:500
leverage

1.51 pips
EUR/USD

Risk warning ?

HotForex (HotForex.com) is an award winning Forex and commodity broker, providing trading services and platforms to both retail and institutional clients.

  • Currency pairs: 47
  • Markets: Commodities (CFD), Cryptos (CFD), Energy (CFD), Forex (CFD), Indices (CFD), Metals (CFD), Shares (CFD)
  • Platforms: Copy trading, Currenex, MetaTrader 4, MetaTrader 5, Mirror trading
  • Regulators: CySEC, France, Germany, Mauritius, South Africa, UK
  • Incorporated: 2010

$5
deposit

1:1000
leverage

1.2 pips
EUR/USD

LiteForex (LiteForex.com) is an international ECN Forex broker. Trade a wide range of markets on Metatrader 4 or 5. LiteForex accepts a wide range of deposit methods, including Bitcoin, Monero and other cryptos.

  • Currency pairs: 56
  • Markets: Cryptos (CFD), Energy (CFD), Forex (CFD), Indices (CFD), Metals (CFD), Shares (CFD)
  • Platforms: Copy trading, MetaTrader 4, MetaTrader 5, Mirror trading
  • Regulators: CySEC
  • Incorporated: 2005

$50
deposit

1:500
leverage

2 pips
EUR/USD

$50
deposit

1:500
leverage

0 pips + $5/lot
EUR/USD

Risk warning ?

Trade Forex and CFDs on over 10,000 stocks, indices, commodities and currency pairs when you open an IRESS account with FPMarkets. FPMarkets also supports MetaTrader 4 and 5.

  • Currency pairs: 65+
  • Markets: Commodities (CFD), Cryptos (CFD), Energy (CFD), Forex (CFD), Indices (CFD), Metals (CFD), Shares (CFD)
  • Platforms: Copy trading, MetaTrader 4, MetaTrader 5
  • Regulators: Australia, CySEC
  • Incorporated: 2005

$100
deposit

1:500
leverage

1.19 pips + $3.5/lot
EUR/USD

$100
deposit

1:500
leverage

0.09 pips + $3.5/lot
EUR/USD

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.


LQDFX

Gold Account [Islamic]

Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4. STP ... More

  • $20 deposit
  • 1:300 leverage ?
  • 1.1 pips EUR/USD

AvaTrade

Islamic Account [BVI]

Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not ... More

  • $100 deposit
  • 1:400 leverage ?
  • 1.9 pips EUR/USD
Risk warning ?

HotForex

Islamic Account

Trade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads ... More

  • $100 deposit
  • 1:500 leverage ?
  • 1.2 pips EUR/USD

eToro

Islamic Account [EU]

Trade 47 currency pairs, crypto-currencies, popular stocks, indices, gold and silver with no ... More

  • $1000 deposit
  • 1:30 leverage ?
  • 3 pips EUR/USD
Risk warning ?