Best MT5 Brokers

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

RegulatorsFlexible leverage ?Minimum deposit ? 
FxPro

FxPro
MT5 Floating - Market Exec.

Bahamas, CySEC, South Africa, UK
1:500
1.4 pips
$500Visit website
Risk warning ?
HotForex

HotForex
Micro Account

CySEC, France, Germany, Maurit... »
CySEC, France, Germany, Mauritius, South Africa, UK «
1:1000
1.2 pips
$5Visit website
OctaFX

OctaFX
Pro Account - MT5

Saint Vincent and the Grenadines
1:200
0.5 pips
$500Visit website
FP Markets

FP Markets
Standard ECN Account (MT5)

Australia
1:500
1.45 pips
$100Visit website
FP Markets

FP Markets
ECN Raw Account (MT5)

Australia
1:500
0.45 pips
$100Visit website
LiteForex

LiteForex
Classic Account

None
1:500
2.2 pips
$50Visit website
Risk warning ?
     

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.

Plus500

Trade 50+ currency pairs and CFDs on shares, indices and commodities on fixed or floating spreads. ... More

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FxPro

Trade 70+ currency pairs, spot indices, energies, metals and shares on fixed spreads with instant ... More

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HotForex

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

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