Top Mt5 Brokers for 2022

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

Best Mt5 Brokers Guide

Updated May 25, 2022

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 means Meta Trader. It is the most recently released version of the multifunctional trading Forex 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 The MT5 Trading Platform?

MT5 has several trading 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 that 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.

Experienced 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 custom indicator. These trading robots have been known to generate winning trades regularly 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 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 retail investor 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.

How Many Brokers Offer MT5

Over 300 brokers provide MT5, which is the dominant trading platform that trading systems, in addition to MT4, utilise to execute trades. If a broker does not provide MT4 or MT5, it is likely that they have developed their own proprietary trading platform. There aren't many online brokers who provide MT5 trading as a trading alternative, so look around.

How Much Does MT5 Cost?

A newcomer could expect 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. 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 want to switch over to MT5 or offer both choices for their clients, a new full-fledged license will be required. You might expect older MetaQuotes clients to be able to negotiate lowered pricing, but there is still a certain cost involved.

Newer traders should practise 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 any MT5 broker. A lot of MT5 brokers offer accounts in several types, and those accounts have 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 Forex markets. However, the trader will have to pay a lowered competitive spread.

MT5 Brokers Platform Types

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

MT5 Desktop Client

The MT5 desktop client is meant to be used for Windows computers. It is 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, and 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; which 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 of 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 established 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 trading 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 an inter-bank foreign exchange market that possesses a trading volume that surpasses all other financial 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 trading Forex, i.e., buying low and selling high.

MT5 Forex Currencies

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 Forex 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 Forex brokers that provide their customers with the opportunity to carry out trading using the MT5 platform.

MT5 Trading

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. About 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, brokers are now in even more demand compared to before. However, it should be noted that not all brokers offer platforms.

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

MT5 Stockbrokers

MT5 stockbrokers provide Forex traders with 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 concerning the stock along with other educational content.

The offered information consists of an economic calendar for tracking notable events that can affect trading activities. The app picks out relevant information, enabling users to stay away from information overload. It is ideal for retail investors to opt for stocks having a good underlying base.

Technical analysis enables active 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 Forex 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 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) to gain revenue from the price difference. 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 by 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

One of the main benefits of the platform is that traders are not limited to using integral analytical resources like MT5 graphs, indicators, and tables. Because of MQL5, which is a high-performance and object-focused language. It enables traders to establish their technological indicators.

MT5 also provides improved order management options like including orders with multiple deals, partial fills included. A new position is opened every time a trader has a position open at a symbol and executes a new deal. That is the central idea that makes up the MT5 hedging system. Traders can establish “Take-Profit” as well as “Stop-Loss” levels. The program also lets them look up the profit level for every position. The most prominent advantages of using MT5 are:

Offers Access To Real Volume-Traded Data

MT5 allows clients to access actual volume-traded data, not just tick volume data. Tick volume means the number of price movements that have taken place during the bar. With the previous version, i.e., MT4, it is impossible to know the actual volume of the lots or contracts that have been traded.

MT5 Is A Multi-Market Platform

Bear in mind that the MT5 platform is a platform that caters to multiple markets. This means you can perform trades in both decentralized and centralized markets.

MT5 Allows You To Download Tick History

You can use MT5 to download tick history and discuss it with your broker. The MT4 only allows you to save tick history manually, and that leads to many restrictions. You have to keep your MT4 program on all day, and despite that, you cannot save all the ticks. In this case, you cannot find out what the top traded cluster in the chosen range was.

MT5 Offers Four Execution Modes

The MetaTrader5 platform offers four diverse types of order execution modes, i.e., Market, Request, Exchange, and Instant. The operation execution mode is determined by the broker for every financial product being traded.

Other, just as useful advantages of using MT5 include:

MT5 Offers Useful Analytical Tools

MT5 provides a complete list of analytical tools, allowing traders to perform accurate analysis and prediction. It allows traders to open up to a hundred charts simultaneously, in twenty-one unique timeframes. Other tools include thirty-eight technical indicators, seventeen display layouts for client indicators, and four scaling modes. Not only do these tools help execute thorough technical analysis, but also enable traders to look up the liquidity status of the market and make informed decisions based on that.

Other, just as useful advantages of using MT5 include:

MT5 Disadvantages

Can I Use MT5 Without A Broker’s Help?

It is not entirely possible to use MT5 without the assistance of a broker. After installing MT5, it is best to register with a reputable broker. It is a way you MT5 program links you to the broker.

How Do I Deposit Money In MT5?

A trader cannot deposit funds in MT5 without the availability of a broker account. To deposit funds in an MT5 account, you have to log in to the broker’s membership area. The next steps are to choose a deposit method, put in the deposit amount, and then complete a transaction. You may use a credit or debit card, bank transfer, cheque, or bill payment as your deposit method, among others. Brokers constantly add new payment methods, sometimes even daily. The bank transfer option can be accessed only on working days.

If it is your first time depositing funds, it is crucial to wait for the money to be cleared before you use it again to trade. You will also be required to provide proof of the deposit.

Normally, brokers provide MT5 on their websites, along with support features for it.

How Do I Withdraw Money From MT5?

Traders who have an MT5 account can withdraw money by going to the “File” menu and choosing the withdrawal options. From here, you can select the withdrawal method you think is right. Some brokers also accept payments in crypto.

It helps to guarantee that your chosen Forex broker requests their clients to withdraw their funds through their client portal (which is very secure). The time it takes to withdraw the funds varies, based on the chosen transaction mode, and whether it is an international or domestic transfer.

How Do I Check My MT5 Balance?

All account-related information can be accessed in the “Terminal” or “Toolbox” window, found at the bottom of your MetaTrader5 screen. The terminal contains three tabs that you need to open to check your account balance.

In the Trade tab, you can see your account balance, free margin, margin, equity and any pending orders or open positions in your account.

Traders keep this tab open at any time as it displays most of the vital information needed for their ongoing trades. All the digits there are refreshed in real-time.

Why Do I Need A Forex Broker?

First and foremost, a retail trader must have access to the market via an electronic trading platform. The primary trading instrument for a trader is a trading platform as it enables a Forex broker to look up current quotes. A trader can also analyze market situations through such platforms. Traders can open trades, and send orders to buy or sell currencies at a current price.

However, you cannot gain access to Forex’s trading terminal without a Forex broker. A broker normally buys an expensive license to be authorized to use a MetaTrader program. They also pay the fees for it every month. That is when they establish the connection to liquidity providers so they can transfer customers’ trades to the open market. You cannot trade without a platform as well as the ECN capabilities a broker offers retail clients. Only brokers can offer access to currency buy/sell activities. While it is possible to trade without a broker, it is not recommended.

MT5 Broker Regulation

The MetaTrader5 platform is (in ideal situations) authorized by brokers before being provided to professional traders. It is among the most used trading systems for trading CFDs 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 financial services authority licenses are set up according to international standards. 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.

MT5 Brokers Verdict

An online trading platform is one of the most vital tools for trading in the forex market. Even though it is true that traders can pick their platforms, the options, in reality, are limited by the broker they choose. This is because not all automated trading systems are offered by every broker out there.

MT5 is an excellent option for advanced as well as day traders with its cross-functional platform, a vast collection of trading tools, and an exemplary choice of tradable asset categories. MT5 is also chosen by individuals wanting to provide a broad range of brokerage services to customers not needing any additional software.

We've collected thousands of datapoints and written a guide to help you find the best Mt5 Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider 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 2022 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 Roboforex AvaTrade Pepperstone XM NordFX FXPro Admiral ThinkMarkets FXPrimus Forex.com
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) 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), License No: 209/13 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) 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), Markets In Financial Instruments Directive (MiFID) Financial Conduct Authority (FCA), The Australian Securities and Investments Commission (ASIC), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA), Commodities Futures Trading Commission (CFTC), The Monetary Authority of Singapore (MAS), Financial Services Agency (FSA), The Securities and Futures Commission (SFC), Cyprus Securities & Exchange Commission (CySEC)
Min Deposit 200 1 100 200 5 1 100 200 No minimum deposit 100 100
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+ 10,000+ 300,000+ 89,000+ 3,500,000+ 10,000+ 1,866,000+ 10,000+ 500,000+ 10,000+ 200,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • 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
  • Low min deposit
  • Offers Negative Balance Protection
  • 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
  • Guaranteed stop loss
  • 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
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and 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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pepperstone
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xm
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nordfx
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fxpro
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admiralmarkets
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thinkmarkets
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fxprimus
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forexcom
Risk Warning Losses can exceed deposits Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider 74-89 % of retail investor accounts lose money when trading CFDs Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider 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 Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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.
Demo IC Markets
Demo
Roboforex
Demo
AvaTrade
Demo
Pepperstone
Demo
XM
Demo
NordFX
Demo
FxPro
Demo
Admiral Markets
Demo
ThinkMarkets
Demo
FXPrimus
Demo
Forex.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 US, JP BE, BR, KP, NZ, TR, US, CA, SG AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW US, CA, IL, KR, IR, MM, CU, SD, SY No US, CA, IR US, CA, JP, SG, MY, JM, IR, TR 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 AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. BE


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 2022 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 ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
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 ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

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

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro 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 ECN account
Islamic account VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
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 ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
FXPro
(3/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
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 ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
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 ECN 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
FXPrimus
(3/5)
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 ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Forex.com
(3/5)
Min deposit : 100
Forex.com was established in 1999 and is used by over 200000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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. Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies. Cryptocurrency availability with Forex.com is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), The Australian Securities and Investments Commission (ASIC), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA), Commodities Futures Trading Commission (CFTC), The Monetary Authority of Singapore (MAS), Financial Services Agency (FSA), The Securities and Futures Commission (SFC), Cyprus Securities & Exchange Commission (CySEC)

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Losses can exceed deposits
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Losses can exceed deposits