Top Mt5 Brokers for 2021

We found 11 online brokers that are appropriate for Trading Mt5.

Best Mt5 Brokers Guide

Updated October 26, 2021

MT5 Brokers

Before you begin your search for the leading MT5 brokers in the industry, it is crucial to be aware of what the term means and how exactly it is different compared to the previous version, i.e., MT4.

MT actually means Meta Trader. It is the most recently released version of the multifunctional trading platform. Individuals who offer their clients this latest form of retail foreign exchange trading platform are commonly referred to as MT5 brokers.

An MT5 broker is a fiscal mediator that is responsible for carrying out buying and selling operations on financial tools like foreign exchange (or Forex) market currencies, indices, precious metals, cryptocurrencies, raw materials, energies and more.

What Is MT5?

MT5 has several platforms offering the users the option to trade in several financial instruments including stocks, commodities, indices and currencies. These platforms also support trading on multiple accounts at the same time, thus facilitating the ease of monitoring multiple accounts from a single trading platform. MT5 is also offering complimentary trade updates for its clients, which further ensures that the platform and the clients remain updated with the latest market movements. This also facilitates clients to gain exposure to new trading opportunities which they would not be able to get access to on other platforms.

Some of the key features that an MT5 Broker Review may cover are the availability of trading robots on the platform, the availability of custom indicators, the ability to generate trading signals and even the ability to trade using leverage. Traders looking for a platform to trade can make use of the MT5 Platform and as many as they want since it is a fully customizable platform with an easy to understand graphical user interface. The MT5 platform allows the users to choose between a wide range of indicators such as Simple Moving Averages, moving average convergence divergence or MACD and gives them the option to create their own custom indicator. These trading robots, have been known to generate winning trades on a regular basis and are one of the reasons why MT5 brokers have become so popular.

MT5 is one of the most popular and well known names in the FX trading software world. With an expansive product offering including four different primary forex brokers, as well as numerous add-on features, the company has been successful with its widespread popularity.

History Of MT5 Brokers

Formed by MetaQuotes Software Corp and released in the year 2010, the MT5 trading platform came after the release of the highly popular MT4 and offers a modular interface to take care of individual needs through MT5 brokers. Keeping the same logo, MT5 was designed for the advanced trader, with a large suite of trading tools. The program comes with numerous built-in trading indicators and robots. The interface can also be translated into around thirty-one different languages.

MT5’s multi-functional program is best for advanced traders with experience. It allows users to use multiple accounts with numerous brokers. The program offers users price data and allows the use of a particular type of non-tradable assets like physical gold to offer margin for open spots of other instruments and generate customized financial symbols.

MT5 also has web, desktop, and mobile versions of the program. The desktop version comes with tools for algorithmic trading and comprehensive price analysis applications via trading copy trading, expert advisors (or EAs) or trading bots.

In essence, MT5 is a mediator between you as a trader and the trading platform of your choosing. Experienced traders will oftentimes go for MT5 as it offers a vast number of features and applications. For instance, as mentioned earlier, MT5 lets you set up a forex EA, which means that you can trade twenty-four-seven in a passive fashion.

MT5 is also ideal for carrying out technical analysis. Aside from being compatible with quite a number of indicators, you can also personalize your screen and even use chart drawing tools. MT5 also enables you to trade risk-free through a brokerage demo account.

If you are a trader interested in taking your trading ventures to the next level, the best thing to do is go with a broker that is open and compatible with MT5. In this regard, you will be able to gain access to a vast variety of chart drawing tools, technical indicators, and the option to install automated systems of trade.

How Many Brokers Offer MT5

There are not a lot of brokers offering MT5 trading as an option. Over 250 brokers offer MT5 as it is the leading trading platform that trading platforms use along side MT4. If a broker doesnt offer MT4 or MT5 they probably have their own bespoke trading software.

How Much Does MT5 Cost

A newcomer could expect for the price of MT4 to be 100K USD. MT5, on the other hand, begins at 75K USD for a thousand users and in return, runs up to 300K USD for two-hundred thousand trader accounts. It is apparent that MetaQuotes has – in an attempt to attract adoption from new brokers – not made MT5 pricier than its previous model, i.e., MT4.

In case an existing MT4 broker considers expanding its horizons and either wants to move over to MT5 or offer both options for their customers, a new full-fledged license will be required. You might expect for older MetaQuotes clients to be able to negotiate lowered pricing, but there is still a certain cost involved.

For newer traders, it best for them to practice trading on a demo account before moving ahead to a live MT5 account.

Is MT5 Commission Free

Platform charges tend to vary. In essence, this comes as one of the most crucial metrics that a trader will need to consider before actually going with an MT5 broker. A lot of MT5 brokers offer accounts in several types, and those accounts have their own varying pricing plans.

For instance, standard accounts, which are usually meant for casual traders not having copious amounts of experience normally do not come with any commission fees (0 percent) on all markets. However, the trader will have to pay a lowered competitive spread.

If you happen to be a more seasoned trader who prefers to stake larger volumes, an ECN account, which stands for Electronic Communication Network account, might suit you best. An ECN account means that traders can directly gain access to the interbank market without any sort of intervention from brokers. Otherwise known as a “Raw” account, it allows traders to trade significant forex pairs from 0.0 pips. This type of account is also accompanied by a flat commission which is normally around 2 to 3 USD per trade.

Any other fees you need to be wary of are associated with withdrawals, deposits, inactive accounts, and overnight financing.

MT5 Brokers Platform Types

The MT5 platform, similarly to the MT4 platform, can be accessed by traders as the following:

MT5 Desktop Client

The MT5 desktop client is meant to be used for Windows computers. It is basically the downloadable version of the MT5 platform. The desktop version comes with real as well as free-of-cost demo accounts. It comes with approximately a hundred interactive charts, twenty-one time frames for in-depth technical analysis of exchange futures, stocks, currencies and precious metals. The platform also offers more than eighty more indicators and several more required for Forex trading.

MT5 Web Trader

MT5 web trader is a web-based version of MT5 and can be viewed by users via Google Chrome as well as other commonly used browsers. Users do not need to download any software for this as everything is available on browsers. It is a light version of the platform; that means it can be opened without any difficulties even with a poor internet connection. The broker provides their customers with an individual URL that can be used by them to gain access to the service via the trader’s login information. Since this is a light version of MT5, it only comes with twenty-four interactive charts and thirty technical indices.

MT5 Mobile Apps

The mobile application versions of the MT5 platform are offered in two different formats, i.e., one for iOS devices like the iPhone and iPad, and the other for Android phones and tablets. Similar to the Web version of MT5, the mobile app offers thirty preinstalled indicators. Although it is offered as a light version of the program, the MT5 mobile application can easily send all types or orders and also includes the One-Click Trading option. The MT5 trading application can be found on both the Appstore for iOS devices and the Google Play Store for Android devices. It should be noted that the time zone set by your broker cannot be changed using your devices.

MT5 Multi-Asset Institutional Platform

The MT5 Multi-Asset Institutional Platform works best for larger broker operations that occur internationally. The platform includes assets registered in the forex, exchange index, stocks, and commodities futures markets. This version of the platform is a package deal interface that is compatible with white label licenses, exchange connection, features an enhanced back-office as well as various APIs for webpage integration. In contrast to MT4, the MT5 platform includes a full-hedging option.

MT5 Forex Brokers

Forex is inter-bank foreign exchange market which possesses a trading volume that surpasses all other fiscal markets. Foreign exchange trading is available round the clock through international information networks. Currency buying and selling operations are not just available to banks, they are also available to retail trading establishments. Speculation, among other things, is the main key to benefitting from forex, i.e., buying low and selling high.

The most commonly used currencies in Forex include the Japanese Yen, Euro Canadian dollar, Swiss Franc, US dollar, Pound Sterling, and Australian dollar. These foreign exchange currencies form pairs e.g., EUR/USD, GBP/USD, USD/JPY, and USD/CHF.

A trader can gain access to the currency market with the help of a Forex broker. As their name suggests, MT5 Forex brokers are basically Forex brokers that provide their customers the opportunity to carry out trading using the MT5 platform.

All you need for that is a computer (while smartphones and tablets work just as fine) with an internet connection, with the MT5 program which is free to download. Currency buying and selling orders can be sent from the program directly. In reference to fundamental and technical analysis, the trader attempts to predict the currency movement. What this means is that you buy a currency at its lowest possible price and then sell it when its value goes up. The trader’s earned revenue is equivalent to the consequent difference between the buying and selling price of the invested currency.

Since all execution models, market insight and all potential trade types included, are now available on the MT5 platform, MT5 brokers are now in even more demand compared to before. However, it should be noted that not all forex brokers offer MT5 platforms.

All leading forex brokers offer traders the best possible trading conditions, all the while providing them the freedom of managing accounts and placing trades.

MT5 Stock Brokers

MT5 stock brokers provide traders the opportunity to invest in shares and trade currencies via MT5.

MT5 offers fundamental insights into stocks, forex, commodities, and other tools. The analysis offers essential information associated with the stock of a chosen company, i.e., its financial assets and business profile overall. It also offers finance-based news as well as other economic conditions that may cause prices to fluctuate. The analysis also covers basic events in relation to the stock along with other educational content. The offered information consists of an economic calendar for keeping tabs on important events that can affect trading activities. The app picks out information that is relevant, enabling users to stay away from information overload. It is ideal for investors to opt for stocks having a good underlying base.

Technical analysis enables traders to execute considerably profitable daytime and short-term trades. This type of analysis includes indicators like market depth along with other types of indicators that make both short and long-term trends explicit. The technical analysts then consider the supply forces as well as other considerations relevant to the operation.

MT5 Crypto brokers

Over time, MT5 has become popular for not only traders, but cryptocurrency holders as well. Traders can now trade a wide range of virtual currencies like Bitcoin, Ethereum and more in MT5 so they can take part in the digital currency trend. Brokers also benefit from the growing revenue opportunities as the crypto trend keeps grabbing the headlines for touching levels never seen before in the history of Forex. Trading digital currencies in MT5 is a simple and attractive option owing to the number of benefits offered.

Cryptocurrency trading via the MT5 platform normally has its own particular contract requirements that are required by the broker.

MT5 Futures Brokers

Futures is considered a derivative product. It serves as a financial agreement between two parties requiring one party to produce a commodity or financial tool at a set date in the future. The other party is then required to pay a set price for it at the set time. The corresponding commodity or financial asset that is the desired product of the contract is known as an underlying asset.

These types of contracts are not always aimed at buying or selling assets. In a lot of cases, participants in the market make consistent purchases and sales of futures (or the other way around) in order to gain revenue from the difference in price. In that event, the contracts are removed from the transaction subject, thereby becoming separate financial tools.

MT5 Vs MT4

The amount of time frames in MT5 is 21, whereas in the previous version, i.e., MT4, it is only 9. Users can open an infinite number of charts in MT5 but MT4 comes with a limit of 128.

MT5 is suitable for advanced traders. MT4, on the other hand, is best for novices. MT5 provides users with an economic calendar. On the other hand, MT4 does not offer such a feature or any other feature similar to that.

In the most recent MT5 version, broker support is required. It is the opposite when it comes to MT4.

In the most recent MT5 version you need will need broker assistance, while in MT4 this is the opposite.

MT4 is specifically built to support CFD forex instruments. MT5, in contrast, is a packaged state-of-the-art multiple-asset trading program. It covers both centralized and decentralized fiscal markets. These include futures, stocks, and FX trading tools.

MT5 functions faster in comparison to MT4. MT4 is a 32-bit, single-threaded program, while the MT5 platform is 64-bit and multi-threaded.

MT4 and MT5 both come with internal mailing options. However, MT5 provides this service accompanied with attachments. Both platforms do not let users send out emails outside the program.

MT4 only allows hedging. In contrast, MT5 allows both netting and hedging.

MT5 Advantages

MT5 Disadvantages

MT5 Broker Regulation

The MetaTrader platform is (in ideal situations) authorized by brokers before being provided to traders. It is among the most used trading platforms for CFDs trading internationally and retail foreign exchange.

However, unregulated brokers also exist, and it is best to be wary of that fact. Unregulated brokers are to be avoided completely. This is because such brokers cannot guarantee the delivery of services that are in line with the protection of the client’s funds.

For this reason, it is ideal to carefully choose your broker and be wary of their regulation status. Reputable brokers holding FINMA, FCA, or other similar licenses are, in fact, are set up according to international standard. They protect their clients every step of the way, even going so far as to compensate the trader in case anything goes wrong with their firm.

IC Markets

IC Markets

The global nature of the internet has made it possible for companies like IC Markets Trading Platform to make profits from their online investment activities. A traders success is often dependent on its online trading strategies and tools. This platform offers trading platforms need to provide the best services to their clients. These include an active and proactive customer support network that takes care of all the technical issues that may arise during trading sessions.

The IC Markets trading software platform is an integrated trading platform, which comes with the ability to trade over all major worldwide financial markets. The IC Markets platform comes seamlessly integrated with MetaTrader5. It also provides the necessary features required by trading brokers and makes use of advanced trading tools. Users can also connect to IC Markets's online demo account. This gives users a chance to practice trading with fake money so that they can get familiarized with the various features of the platform before making the final investment decision. IC Markets are known for very tight spreads and fast order execution speeds.

XTB

XTB

For any trader that needs to trade at the international stage, XTB provides a full service suite of products designed for daily foreign exchange trading. This product offers a fully automated trading platform, four primary trading floors and four major currency pairs. It also includes three demo accounts that allow the trader to get a feel for the product and its features. For more information on film, the best advice anyone can give a new customer is to simply test the service use before purchasing the actual product.

One of the first services that the company offers its customers is the XTB MT5 trading platform. With an easy to navigate interface, it allows the user to get a good feel for the product and the various features that it provides. The user can test form using the free 'practice account' until they are ready to open a real trade.

In addition to the XTB Forex Broker service, the company also provides additional options for their traders.

AvaTrade

AvaTrade

AvaTrade is one of the best MT5 brokers today. With great reviews from clients, this company has quickly become a top broker in terms of popularity. It is considered as the largest and oldest MT5 broker in the UK, with branches in Germany, Japan, Ireland, Spain, and many other countries. Many people have had good experiences with AvaTrade which is why the company enjoys a very high success rate among its users.

One great attraction that many clients have had with AvaTrade is the fact that they offer two types of accounts. The first type is the standard expo broker account which allows for trading in the currency pairs of your choice along with a wide range of international markets. The second account, called the managed fxpro account, allows you to invest in the market but still keep control of your personal finances. This is done by having a special cash balance in your account which you use for making trades. The two account types work very well together for most traders as traders have a flexible trading method without needing to worry about money in the bank.

Pepperstone

Pepperstone

Pepperstone trading platform has become one of the most popular worldwide online forex trading platforms. Pepperstones Metatrader platform is great for both experienced and new traders. The trading account can be funded with a deposit made in the currency of choice by the trader. The user is free to use funds in the account for buying and selling currencies as and when necessary. There are also a variety of features available on the Pepperstone Metatrader platform such as the ability to manage funds, real-time market updates, live charts etc.

There are two ways to trade on the Pepperstone trading platform. First, either through the use of the web-based demo trading software or through desktop trading. To start trading, you should log into your account using your username and password and create a demo trade using.

XM

XM

XM Forex Brokers provides financial advisory services on forex currency pairs. They are the leading private broker in Australia offering the most comprehensive and effective service for traders and investors. XM forex broker provides an easy-to-use interface for trading with highly reliable trading options and flexible trading conditions for a wide assortment of international clients. XM trading experience originates from its extensive experience in the global out-of-the-counter global markets. The firm has continued to develop and add value to the way it conducts business, making it more convenient for its customers.

XM is the only forex broker in Australia which offers three highly efficient trading platforms: the Forex Megadroid, the FAP Turbo and the Supra Forex. With these effective trading tools, clients can enjoy highly flexible trading conditions and take advantage of a number of trading opportunities. By using the fully automated software, the XM expert advisers are able to make predictions on currency price movements and provide information on market changes that could help traders and investors make better decisions.

We've collected thousands of datapoints and written a guide to help you find the best Mt5 Brokers 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 mt5 brokers below.

Reputable Mt5 Brokers Checklist

There are a number of important factors to consider when picking an online Mt5 trading brokerage.

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 Mt5 Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Mt5 Brokers of 2021 compared

Here are the top Mt5 Brokers.

Compare Mt5 Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are mt5 brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more mt5 brokers that accept mt5 clients

Broker IC Markets AvaTrade Roboforex Pepperstone XM FXPrimus Admiral NordFX Swissquote ThinkMarkets Markets.com
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) Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), 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 License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060 Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), BVI Financial Services Commission (BVI FSC)
Min Deposit 200 250 1 200 5 100 200 1 1000 No minimum deposit 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 200,000+ 10,000+ 89,000+ 3,500,000+ 10,000+ 10,000+ 10,000+ 300,000+ 500,000+ 4,000,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable 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, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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roboforex
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xm
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fxprimus
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admiralmarkets
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nordfx
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swissquote
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thinkmarkets
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marketscom
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 Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 67% 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
Demo IC Markets
Demo
AvaTrade
Demo
Roboforex
Demo
Pepperstone
Demo
XM
Demo
FXPrimus
Demo
Admiral Markets
Demo
NordFX
Demo
Swissquote
Demo
ThinkMarkets
Demo
Markets.com
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, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, CA, JP, SG, MY, JM, IR, TR No US RU, 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 RU, BR, CH, SG, JP, US, CA, BE, IL, TR, NZ, SY, IR, IQ, HK, PR, CN


All Mt5 brokers in more detail

You can compare Mt5 Brokers 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 Mt5 Brokers for 2021 article further below. You can see it now by clicking here

We have listed top Mt5 brokers below.

Mt5 Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. 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 Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by 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
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
Swissquote
(3/5)
Min deposit : 1000
Swissquote was established in 1999 and is used by over 300000+ traders. Losses can exceed deposits Swissquote offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
ThinkMarkets
(3/5)
Min deposit : 0
ThinkMarkets was established in 2010 and is used by over 500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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 ThinkMarkets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), 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 License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060
Markets.com
(3/5)
Min deposit : 100
Markets.com was established in 2008 and is used by over 4000000+ traders. 67% 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 Markets.com offers Forex, CFDs, Spread Bets (Spread Bets are only available to UK customers).

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), BVI Financial Services Commission (BVI FSC)

Learn more Learn more about IC Markets.
Losses can exceed deposits