MT5 Brokers

  1. What are MT5 Forex Brokers?
  2. Best MT5 Brokers
  3. What are the benefits trading with MT5
  4. Why Brokers use MT4 not MT5?
  5. Brokers who use MT5?
  6. MT5 Forex Brokers List

What are MT5 Forex Brokers?

MT5 Forex Brokers are brokers using MT5 or MetaTrader5 platform 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.

📈Trading InstrumentsForex, CFDs, Stocks, Futures
💻Programming LanguageMQL5
🔎Technical Analysis Tools38
📊Graphical Objects44

Best MetaTrader (MT5) Brokers

Here is our selection of Best MT5 Forex Brokers by category to support your choice, list consists only of Regulated Brokers that are highly ranked and recommended to trade with.

  • FP Markets– Best Overall MT5 Broker 2021
  • FBS– Lowest Spread MT5 Broker 2021
  • GO Markets – Best MT5 Broker for Beginners 2021
  • FXTM – Best ECN MT5 Broker 2021
  • Pepperstone– Best for Scalping and EA Trading MT5 Broker 2021

What are the benefits trading with MT5

There are many benefits at 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, with copy trading capability specifically designed for MT5 for its advanced systems. 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 the MT4 demand to run backtest via VPS or locally.

*MT5 Switch Brokers.

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

MT5 brokers

Why Brokers use MT4 not MT5?

MT5 Being newer version and despite its benefits, new additional and more comprehensive tools MT4 still remains the most popular and used platform in the industry with largest volumes operated daily.

Brokers who use MT5?

Brokers who use MT5 platform may offer only MT5 or both MT4 and MT5 platforms, however solely depending on broker offering. Check FP markets or FXTM.

MT5 Forex Brokers List

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

Broker Detail
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App
Regulation: CySEC, FSC, FSA
1
BDSwiss Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull 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 review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, cTrader
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
HotForex Review HotForex
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA
5
HotForex Review
Axiory logo Axiory
Min. Deposit: 10 US$
Max. Leverage: 1:777
Trading Platforms: MT4, MT5, cTrader
Regulation: IFSC
Axiory Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, FBS trader, CopyTrade
Regulation: CySEC, IFSC, FSCA, ASIC
FBS Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: ASIC
Eightcap Review
Global GT
Min. Deposit: 5 US$
Max. Leverage: 1:1000
Trading Platforms: MT5, WebTrader
Regulation: FSCA, SFSA
Global GT Review
ActivTrader Broker review ActivTrades
Min. Deposit: 250 US$
Max. Leverage: 1:30
Trading Platforms: ActivTrader, MT4, MT5
Regulation: FCA, CBS
ActivTrades Review