MetaTrader 5 Guide
Updated July 23, 2021
MetaTrader 5
MetaTrader 5 is a multi-functional electronic trading platform. It is the successor of MetaTrader 4 and was officially launched in 2010. It is institutional and multi-asset and enables commodities and stock trading while MetaTrader 4 is limited to just Forex trading.
MetaTrader 5 is made available across devices including mobile and tablet apart from a web version. Besides facilitating trading, it offers some valuable additional services like a freelance database of trading strategy developers, built-in trading robots, virtual hosting service and copy trading. It comes free and is offered by brokers. It is also equipped with 31 languages.
MetaTrader 5 Pros and Cons
Even though MetaTrader 5 is the successor of MetaTrader 4 and approximately a decade has passed since its launch, MetaTrader 4 is still more popular than MetaTrader 5. Let us have a look to some of the significant pros and cons of MetaTrader 5.
MetaTrader 5 Pros
- The MetaTrader 5 is equipped with an easy user interface and is considered as one of the best with respect to analytical tools being offered.
- The software allows a total of 8 types of pending orders as well as twenty-one timeframes.
- It allows a plethora of asset classes.
- It offers an economic calendar.
MetaTrader 5 Cons
- MetaTrader 5 has disabled hedging for exchange markets.
- The programming language of MetaTrader 5 is different from MetaTrader 4 and hence MetaTrader 4 need to learn the techniques again.
- The advanced tools are not ideal for beginners.
Who is MetaTrader 5 Good for?
MetaTrader 5 is perfect for experienced and advanced traders as it is a multi-functional and multi-asset platform. It facilitates working with several accounts simultaneously with different brokers. It provides price data. It allows using of physical gold and other non-tradable assets to provide margin to traders for the opening of positions.
MetaTrader 5 is like a blessing to day traders as they require a fast, reliable, powerful and robust platform.
MetaTrader 5 Tools
MetaTrader 5 comes with superior tools such as algorithm trading and comprehensive price analysis. Its robot or Expert Advisors (EAs) plays important role in automation trading.
The language used in the platform is MQL5 to enable a plethora of additional functions like copying deals, analyzing news, creating as well as sending reports and tracking financial symbols 24/7.
The platform helps in automating a successful trading strategy and traders can choose one of the several available EAs. The EAs may come free to download or can be rented. It is determined by the reputation of the program and its usefulness.
The copy trading feature of MetaTrader 5 is excellent at facilitating the reproduction of trades automatically. Traders can just subscribe to some of the successful trader signals.
MetaTrader 5 Customer Help Support
The platform is good at customer support and offers a help page on several common issues like price charts, algorithmic trading, trading signal, trading robot, copy trading, mobile trading and virtual hosting.
The MetaTrader 5 platform has representative offices in a couple of countries including Bulgaria, Cyprus, Japan, Thailand, Singapore, Pakistan, UAE, Turkey, China and Australia.
MetaTrader 5 Compatibility
The platform runs smoothly on Windows 2008, 7, 8 and 11. The minimal processor required is SSE2, Platinum 4/Athlon 64. It also runs on MacOS but with the help of Wine software. It supports Android and is an open source software.
MetaTrader 5 Price
MetaTrader 5 is free to download for brokerage clients and can be either done from the website of your MT5 broker or from the MetaQuotes website. Initially, it is suggested to begin with a demo account to gain experience and learn how the MT5 software functions.
Brokers offer the MT5 platform with three difference license options - entry license, standard license and enterprise license.
MetaTrader 5 Easy UI
The software is easily downloadable and is quick to downloaded across systems. It is straightforward and comes with an easy user-interface. Opening a demo account is simple.
MetaTrader 5 Verdict
Upgraded from MetaTrader 4, the MetaTrader 5 is one of the most popular electronic trading version platforms. It is not limited to Forex trading unlike its predecessor but is a multi-functional platform. It enables the trading of stocks and commodities. We have covered many aspects of the platform in this post, including the pros and cons.
However, it is a debated topic whether MetaTrader 5 is better or MetaTrader 4. The question is valid as even after about ten years of the launching of MetaTrader 5, the predecessor is still more popular. But practically traders need to decide which fits best.
It is multi-functional and hence a plethora of opportunities can be explored if there is an interest in relearning the platform. It is different from MetaTrader 4 as its programming has been done with a different language. It is also not restricted to just Forex trading.
We've collected thousands of datapoints and written a guide to help you find the best MetaTrader 5 for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best MetaTrader 5 below.
Reputable MetaTrader 5 Checklist
There are a number of important factors to consider when picking an online MetaTrader 5 trading brokerage.
- Check your MetaTrader 5 broker has a history of at least 2 years.
- Check your MetaTrader 5 broker has a reasonable sized customer support of at least 15.
- Does the MetaTrader 5 broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your MetaTrader 5 broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your MetaTrader 5 broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your MetaTrader 5 can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering MetaTrader 5.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below MetaTrader 5.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 MetaTrader 5 of 2021 compared
Here are the top MetaTrader 5.
Compare MetaTrader 5 min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are MetaTrader 5. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more MetaTrader 5 that accept MetaTrader 5 clients
| Broker |
IC Markets
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
ThinkMarkets
|
NordFX
|
Markets.com
|
Swissquote
|
Admiral
|
FXPro
|
| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), Financial Services Authority Seychelles (FSA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Min Deposit | 200 | 250 | 1 | 200 | 5 | No minimum deposit | 1 | 250 | 1000 | 200 | 100 |
| Funding |
|
|
|
|
|
|
|
|
|
|
|
| Used By | 180,000+ | 200,000+ | 10,000+ | 89,000+ | 3,500,000+ | 500,000+ | 10,000+ | 10,000+ | 300,000+ | 10,000+ | 1,866,000+ |
| Benefits |
|
|
|
|
|
|
|
|
|
|
|
| Accounts |
|
|
|
|
|
|
|
|
|
|
|
| Spreads |
|
|
|
|
|
|
|
|
|
|
|
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
| Support |
|
|
|
|
|
|
|
|
|
|
|
| Learn More |
Sign
Up with icmarkets |
Sign
Up with avatrade |
Sign
Up with roboforex |
Sign
Up with pepperstone |
Sign
Up with xm |
Sign
Up with thinkmarkets |
Sign
Up with nordfx |
Sign
Up with marketscom |
Sign
Up with swissquote |
Sign
Up with admiralmarkets |
Sign
Up with fxpro |
| Risk Warning | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | 79.83% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
AvaTrade Demo |
Roboforex Demo |
Pepperstone Demo |
XM Demo |
ThinkMarkets Demo |
NordFX Demo |
Markets.com Demo |
Swissquote Demo |
Admiral Markets Demo |
FxPro Demo |
| Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | BR, KR, IR, IQ, SY, JP, US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | No | AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | US | US, CA, JP, SG, MY, JM, IR, TR | US, CA, IR |
All MetaTrader 5 in more detail
You can compare MetaTrader 5 ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top MetaTrader 5 for 2021 article further below. You can see it now by clicking here
We have listed top MetaTrader 5 below.
MetaTrader 5 Table of Contents
- MetaTrader 5 Explained
- 6 Factors to Consider when Choosing MetaTrader 5
- Are Your MetaTrader 5 Trusted And Established?
- Are The MetaTrader 5 World Leading?
- What are the MetaTrader 5 Commissions and Fees?
- What are the MetaTrader 5 Funding and Withdrawl Methods?
- Find MetaTrader 5 with Round-the-clock support?
- Make sure the MetaTrader 5 Offer Comprehensive Trader resources?
- Why MetaTrader 5 needs to be regulated?
- MetaTrader 5 FAQ
- What are the best MetaTrader 5 brokers?
- What is the best MetaTrader 5 broker?
- Related MetaTrader 5 Reviews
- Related MetaTrader 5 Alternatives
- Related MetaTrader 5 Comparisons
MetaTrader 5 Explained
Trading the financial markets with MetaTrader 5 when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for MetaTrader 5 is the platform that a MetaTrader 5 offer.
Choose MetaTrader 5 that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need MetaTrader 5 that you can rely on.
6 Factors to Consider when Choosing MetaTrader 5
Follow these five rules for selecting a broker that's right for you:
Are Your MetaTrader 5 Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated MetaTrader 5 broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is AvaTrade.
AvaTrade was established 2006, and in operation for 12 years AvaTrade have a head office in The British Virgin Islands.
AvaTrade is regulated. This means AvaTrade are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
ThinkMarkets
|
| Year Established | 2007 | 2006 | 2009 | 2010 | 2009 | 2010 |
| Head Office | Australia | The British Virgin Islands | Cyprus | Australia | Cyprus | London and Australia |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), Financial Services Authority Seychelles (FSA) |
| Used By | 180,000+ | 200,000+ | 10,000+ | 89,000+ | 3,500,000+ | 500,000+ |
| Negative balance protection | Yes | No | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit IC Markets | Visit AvaTrade | Visit Roboforex | Visit Pepperstone | Visit XM | Visit ThinkMarkets |
| Risk Warning | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money |
Are The MetaTrader 5 World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 232 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for MetaTrader 5 is AvaTrade . AvaTrade Segregates clients funds and offers over 1000 instruments.
| Broker |
IC Markets
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
ThinkMarkets
|
| Instruments Available | 232 | 1000 | 100 | 100 | 1000 | 1200 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | US | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | BR, KR, IR, IQ, SY, JP,US | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | US, CAN, JP, FR, BEL |
| Forex pairs offered | 65 | 80 | 35 | 70 | 80 | 40 |
| Forex pairs offered | 65 | 80 | 35 | 70 | 80 | 40 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes | No | Yes |
| Commodities Offered | 19 | 16 | 21 | 16 | 15 | 10 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | No | No | No |
| Stocks Offered | 110 | 99 | 0 | 60 | 160 | 1200 |
| UK Shares | Yes | Yes | Yes | No | No | Yes |
| US Shares | Yes | Yes | Yes | No | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | No | Yes | Yes |
What are the MetaTrader 5 Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated MetaTrader 5 broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated MetaTrader 5 broker AvaTrade offers Forex, CFDs, Spread Betting, Social Trading. AvaTrade minimum deposit is 250. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
ThinkMarkets
|
| Min Deposit | 200 | 250 | 1 | 200 | 5 | 0 |
| Withdrawl Fees | No | No | Yes | No | No | No |
| Inactivity Fees | No | No | No | Yes | Yes | No |
| Deposit Fees | Varies | No | No | No | No | skrill 2%, neteller 2% |
| CFD Commission Fees | Yes | No | No | Yes | No | No |
What are the MetaTrader 5 Funding and Withdrawal Methods?
When dealing with MetaTrader 5 having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
ThinkMarkets
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | No | No |
| Skrill | Yes | No | No | Yes | No | Yes |
| Payoneer | No | Yes | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find MetaTrader 5 with Round-the-clock support?
Customer service is very important when dealing with MetaTrader 5.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
MetaTrader 5 customer support can include Phone answering services, Live chat support and Email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
AvaTrade support a wide range of languages including English, Italian, German, French, Greek, and Hebrew
IC Markets and AvaTrade offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
AvaTrade
|
Roboforex
|
Pepperstone
|
XM
|
ThinkMarkets
|
| Support |
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Italian, German, French, Greek, and Hebrew | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Italian, French, Vietnamese, Thai, Chinese, Japanese, Arabic |
| Learn More | Visit IC Markets | Visit AvaTrade | Visit Roboforex | Visit Pepperstone | Visit XM | Visit ThinkMarkets |
| Risk Warning | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money |
Make sure the MetaTrader 5 Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and AvaTrade work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why MetaTrader 5 needs to be regulated?
A regulated MetaTrader 5 broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
MetaTrader 5 brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
MetaTrader 5 List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
