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

What are the benefits of 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. See Infinox broker which also trades on MT5.

*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, 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

Best MetaTrader (MT5) Brokers

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

  • FP Markets– Best Overall MT5 Broker 2022
  • BDSwiss – Lowest Spread MT5 Broker 2022
  • BlackBull Markets – Best MT5 Broker for Beginners 2022
  • HFM – Best ECN MT5 Broker 2022
  • Pepperstone– Best for Scalping and EA Trading MT5 Broker 2022

Why Brokers use MT4 not MT5?

MT5 is a newer version with better look and more clear design, additional and more comprehensive tools compared to MT4. See Exness broker which also trades on MT5.  However, MT4 still remains the most popular and used platform in the industry with largest volumes operated daily, also different EA Robots so many traders prefer to use MT4 still reflecting on broker’s choice of the platform.

Brokers who use MT5?

Brokers who use MT5 platform may offer only MT5 or both MT4 and MT5 platforms, which is solely dependent on broker offering. Check FP markets or FXTM  for MT5 platform trading.

MT5 Forex Brokers List

This is the complete list of Top Forex Trading Brokers offering MT5 platform.

Broker Detail
hycm-forex-broker HYCM
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: FCA, CySEC, DFSA, CIMA, FSC
HYCM Review