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.


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.

MT5 brokers

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
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5, FTXM Trader
Regulation: CySEC,FCA, FSCA
FXTM Review
GO Markets
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, WebTrader
Regulation: ASIC, CySEC
GO Markets Review
FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
FP Markets Review
Pepperstone review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader
Pepperstone Review
BDSwiss 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
BDSwiss Review
Axiory logo Axiory
Min. Deposit: 50 US$
Max. Leverage: 1:777
Trading Platforms: MT4, cTrader
Regulation: IFSC
Axiory Review
HotForex Review HotForex
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA
HotForex Review
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: ASIC
Eightcap Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
BlackBull Markets Review
Min. Deposit: 20 US$
Max. Leverage: 1:30
Trading Platforms: MT4, WebTrader and Mobile App
Regulation: CySEC, FCA, NBRB Review