MT5 or MetaTrader5 is a new evolution generation of the market leading, widely used MT4 platform developed by the MetaQuotes company, that allows multi-asset enhanced trading features to Forex, Stocks and Futures. The superior tools and comprehensive price analysis that MT4 is known for were brought even further, through the various supported execution models already available in MT5, with Market Depth and all possible types of trade orders

What are the features of trading with MT5?

Now the MT5 platform enables a hedging option system with the possibility to go short or long in multiple positions of the same financial instrument. There is no limitation of indicators as the built-in MetaTrader MQL Market brings the widest place to purchase or rent developed technical indicators, including trading robots or Expert Advisors. These systems and robots deliver copy trading capability and are specifically designed for MT5 and its advanced systems. Actually, one of the most impressive features of the platform is exactly Algorithmic Trading that implies automated trading through specialized applications to choose from or allow own development.

Is FXTM a MT5 forex broker?

Yes, FXTM is a MT5 forex broker.

Is FP Markets a MT5 forex broker?

Yes, FP markets is a MT5 forex broker.

MT5 Brokers

MT5 or MetaTrader5 is a new evolution of the market-leading generation, widely used MT4 platform developed by the MetaQuotes that allows multi-asset enhanced trading feature to Forex, Comoodotoes and now also features Stocks and Futures too.

Read more about MetaTrader Wikipedia and the official website MetaTrader5.

MT4 vs MT5

MT5 was introduced back in 2010 and is based on next generation of software whereas the superior tools and comprehensive price analysis that MT4 is known for were brought even further. Various supported execution models are now available in MT5, with included Market Depth and all possible types of trade orders already in.

Also, the MT5 platform enables more options that were missing in MT4 alike hedging option system with the possibility to go short or long in multiple positions of the same financial instrument, also find advanced in-depth analytics and more.

What are the benefits trading with MT5

There are many good words to say about MT5, as the platform represents an all-in-one concept, offers impressive analytical tools and a modern look with the allowance to open hundreds of charts and perform analysis through truly advanced institutional-grade features.

*MT5 Indicators & add-ons or plugins

Another famous feature of the MT5 platform and its previous version is great range of indicators and add-ons with various plugins that designed to enhance your trading capabilities. There is no limitation of indicators as the built-in MetaTrader MQL Market brings the widest place to purchase or rent developed technical indicators.

*MT5 EA & VPN

Well-known and popular trading robots or Expert Advisors are also enhanced in MT5, as these systems and robots offer copy trading capability and are specifically designed for MT5 and its advanced systems. Actually, one of the most impressive features of the platform is exactly Algorithmic Trading based on next-generation MQL5, which is not compatible with MQL4.

EAs imply automated trading through specialized applications and match developed environment through MetaEditor allowing to choose from or create own parameters.

*MT5 backtesting

One more great feature is that MT5 allows easier backtesting and run of strategies, as MT4 demands to run backtest via VPS or locally.

*MT5 Switch Brokers.

Likewise, with MT4, you can switch brokers via the MT4 platform, meaning to use the execution venue or broker but operate with your saved layouts or parameters set.

Best MetaTrader (MT5) Brokers

Its freshly developed features indeed enhance the capacity of the platform and bringing a higher level of a trading environment with an answer to the most demanding trading need.

Currently, the brokers offering MT5 are quite many and growing, while our list of MT5 Forex Brokers may support your particular choice and consists only of Regulated Brokers that are highly ranked and recommended to trade with.

FP Markets– Best Overall MT5 Broker 2020
FBS – Lowest Spread MT5 Broker 2020
GO Markets – Best MT5 Broker for Beginners 2020
FXTM – Best ECN MT5 Broker 2020
Pepperstone– Best for Scalping and EA Trading MT5 Broker 2020

MT5 Forex Brokers List

This is the complete list of regulated brokers offer MT5 platform.

Broker	Detail
FXTM	Min. Deposit: US$200 Max. Leverage: 1:30 \| 1:200 Trading Platforms: MT4, MT5, FTXM Trader Regulation: CySEC,FCA, FSCA	1 FXTM Review
GO Markets	Min. Deposit: 200 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5, WebTrader Regulation: ASIC, CySEC	2 GO Markets Review
FP Markets	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC	3 FP Markets Review
Pepperstone	Min. Deposit: 200 US$ Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4, MT5, cTrader Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN	4 Pepperstone Review
BDSwiss	Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App Regulation: ESMA, CySEC, FSC, NFA, FSA	5 BDSwiss Review
Axiory	Min. Deposit: 50 US$ Max. Leverage: 1:777 Trading Platforms: MT4, cTrader Regulation: IFSC	Axiory Review
HotForex	Min. Deposit: 5 US$ Max. Leverage: 1:30 \| 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA	HotForex Review
Eightcap	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: ASIC	Eightcap Review
BlackBull Markets	Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA	BlackBull Markets Review
Capital.com	Min. Deposit: 20 US$ Max. Leverage: 1:30 Trading Platforms: MT4, Capital.com WebTrader and Mobile App Regulation: CySEC, FCA, NBRB	Capital.com Review