Best MetaTrader 5 Forex Brokers

MetaTrader 5, also known simply as MT5, is the updated and redesigned version of the popular MT4 trading platform from Russian company MetaQuotes Software. The upgraded trading platform was released in 2010, five years after the original MT4 platform. However, uptake among brokers and in the trading community of the new platform was slow since it was not backward compatible with several important elements of the original platform. Among these things were significant changes to the programming language used to develop automated trading strategies, known as Expert Advisors on the platform.

Today, MetaTrader 5 is more common, and most brokers offer their clients the choice between MT4 and MT5. While the original MT5 was only available as a downloadable software for Windows computers, the platform is today also available in web-based versions that run directly in the trader’s internet browser, as well as in mobile versions.

USA flag

Are you from the US? Check this list.

RoboForex RoboForex (2009) Leverage: up to 1:2000 Deposit: from 10 USD Spreads:  low  low Location: Belize Instruments: Currencies Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards PayPal Skrill Neteller Perfect Money Trustly iDeal Sofort Bitcoin Bitсoin Cash Ethereum Liteсoin Ripple Tether Giropay SticPay AstroPay Przelewy24 MultiBank Group MultiBank Group (2005) Leverage: up to 1:500 Deposit: from 50 USD Spreads:  low  low Location: Australia Austria Germany Spain UAE Singapore British Virgin Islands Cayman Islands Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller UnionPay Perfect Money Bitcoin POLi PayTrust88 DNA Markets DNA Markets (2019) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Bitcoin Tether NordFX NordFX (2008) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  low  low Location: Saint Lucia Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay Perfect Money Bitcoin Ethereum Liteсoin Tether SticPay HFM HFM (2007) Leverage: up to 1:2000 * Deposit: from 5 USD Spreads:  low  low Location: UK Cyprus South Africa UAE Saint Vincent and the Grenadines Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Bonds Platforms: Web MetaTrader 4 MetaTrader 5 FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller PayRedeem FasaPay UnionPay WebMoney Bitcoin Ethereum Liteсoin Tether BitPay Fibo Group Fibo Group (1998) Leverage: up to 1:1000 * Deposit: from 1 USD Spreads:  mid  mid Location: Cyprus British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Wire Transfer Credit Cards Skrill Neteller FasaPay WebMoney Perfect Money Qiwi BitPay EcoPayz PaySafeCard RegularPay CashU Darwinex Darwinex (2012) Leverage: up to 1:30 Deposit: from 500 USD Spreads:  low  low Location: UK Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: MetaTrader 4 MetaTrader 5 Social Platform FIX API (protocol) Wire Transfer Credit Cards PayPal Skrill UnionPay Trustly FxPro FxPro (2006) Leverage: up to 1:500 * Deposit: from 100 USD Spreads:  mid  mid Location: UK Cyprus Bahamas Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Wire Transfer Credit Cards PayPal Skrill Neteller UnionPay IC Markets IC Markets (2007) Leverage: up to 1:500 * Deposit: from 200 USD Spreads:  low  low Location: Australia Cyprus Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds Platforms: Web MetaTrader 4 MetaTrader 5 cTrader TradingView Social Platform FIX API (protocol) Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay BitPay Bpay POLi Klarna FxOpen FxOpen (2005) Leverage: up to 1:500 * Deposit: from 1 USD Spreads:  low  low Location: Australia UK Saint Kitts and Nevis Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 TradingView Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Perfect Money Yandex Money Qiwi Bitcoin Ethereum Liteсoin RBK Money Intellect Money PaySafeCard TradeView TradeView (2004) Leverage: up to 1:400 Deposit: from 100 USD Spreads:  low  low Location: Cayman Islands Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: MetaTrader 4 MetaTrader 5 cTrader Currenex Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay ePayments BitWallet Uphold BitPay EcoPayz SticPay PayTrust88 Anzo Capital Anzo Capital (2015) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia Belize Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay WebMoney Yandex Money Qiwi BitWallet POLi GO Markets GO Markets (2006) Leverage: up to 1:500 * Deposit: from 200 AUD Spreads:  low  low Location: Australia Cyprus Mauritius Instruments: Currencies Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay Bpay POLi OctaFX OctaFX (2011) Leverage: up to 1:500 Deposit: from 25 USD Spreads:  low  low Location: Saint Lucia Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller Bitcoin Ethereum Liteсoin Tether Forex.com Forex.com (2001) Leverage: up to 1:50 * Deposit: from 100 USD Spreads:  mid  mid Location: US UK Japan Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 TradingView NinjaTrader Specific FIX API (protocol) Wire Transfer Credit Cards FBS FBS (2009) Leverage: up to 1:3000 * Deposit: from 5 USD Spreads:  mid  mid Location: Cyprus Belize Instruments: Currencies Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller Perfect Money BitWallet SticPay AvaTrade AvaTrade (2007) Leverage: up to 1:400 * Deposit: from 100 USD Spreads:  low  low Location: Australia Ireland Poland South Africa UAE Japan British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Perfect Money iDeal Giropay AstroPay SafetyPay Klarna Przelewy24 ZotaPay Admiral Markets Admiral Markets (2001) Leverage: up to 1:1000 * Deposit: from 200 USD Spreads:  low  low Location: Australia UK Cyprus Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller UnionPay Trustly iDeal POLi AstroPay SafetyPay Klarna Przelewy24 ZotaPay FxChoice FxChoice (2010) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  mid  mid Location: Belize Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller PayRedeem FasaPay Perfect Money Trustly AdvCash Bitcoin Bitсoin Cash Ethereum Liteсoin Ripple Tether POLi Epay PaySafeCard SticPay AstroPay XM Group XM Group (2009) Leverage: up to 1:888 Deposit: from 5 USD Spreads:  low  low Location: Australia UK Cyprus UAE Belize Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller WebMoney Yandex Money Qiwi LeoPrime LeoPrime (2017) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  low  low Location: Marshall Islands Seychelles Vanuatu Instruments: Currencies Crypto Indices Metals Energies Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller UnionPay Perfect Money Alipay Exness Exness (2008) Leverage: up to 1:2000 * Deposit: from 1 USD Spreads:  low  low Location: UK Cyprus Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller WebMoney Perfect Money Yandex Money Qiwi Bitcoin Tether FP Markets FP Markets (2005) Leverage: up to 1:500 Deposit: from 100 AUD Spreads:  low  low Location: Australia Cyprus Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 cTrader TradingView Specific Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay Perfect Money Bitcoin Bitсoin Cash Ethereum Liteсoin Dash Ripple Tether Google Pay Apple Pay SticPay HYCM HYCM (1977) Leverage: up to 1:500 * Deposit: from 100 USD Spreads:  mid  mid Location: UK Cyprus UAE Saint Vincent and the Grenadines Cayman Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller WebMoney Perfect Money Bitcoin SwissQuote SwissQuote (2000) Leverage: up to 1:100 * Deposit: from 1000 USD Spreads:  mid  mid Location: UK Switzerland Malta UAE Singapore Hong Kong Instruments: Currencies Crypto Indices Metals Energies Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific FIX API (protocol) Wire Transfer Credit Cards FXTM FXTM (2011) Leverage: up to 1:2000 * Deposit: from 10 USD Spreads:  low  low Location: UK Cyprus Mauritius Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller PayRedeem FasaPay UnionPay WebMoney Perfect Money Yandex Money Qiwi Bitcoin Ethereum Liteсoin Dash Tether Google Pay DusuPay DixiPay CashU InstaForex InstaForex (2007) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  high  high Location: Cyprus Saint Vincent and the Grenadines British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific Binary Platform Wire Transfer Credit Cards Skrill Neteller UnionPay Trustly Qiwi ePayments iDeal Sofort Bitcoin Liteсoin Tether POLi Giropay Przelewy24 NAGA NAGA (2015) Leverage: up to 1:500 Deposit: from 50 USD Spreads:  mid  mid Location: Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards PayPal Skrill Neteller iDeal Sofort Bitcoin Bitсoin Cash Ethereum Liteсoin Dash Giropay Grand Capital Grand Capital (2006) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  mid  mid Location: Saint Vincent and the Grenadines Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller PayRedeem FasaPay WebMoney Perfect Money Payza AdvCash Bitcoin Ethereum Tether RegularPay Payeer PayTrust88 FxGlory FxGlory (2011) Leverage: up to 1:3000 Deposit: from 1 USD Spreads:  mid  mid Location: Saint Vincent and the Grenadines Instruments: Currencies Crypto Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards PayPal Skrill Neteller WebMoney Perfect Money Payza Bitcoin Ethereum Liteсoin Ripple Epay SticPay TradersWay TradersWay (2011) Leverage: up to 1:1000 Deposit: from 5 USD Spreads:  low  low Location: Dominica Instruments: Currencies Crypto Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Wire Transfer Credit Cards Skrill Neteller FasaPay Perfect Money Bitcoin Ethereum Liteсoin Ripple Tether Aetos Aetos (2007) Leverage: up to 1:30 Deposit: from 250 USD Spreads:  mid  mid Location: Australia UK Instruments: Currencies Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller AAFX AAFX (2015) Leverage: up to 1:2000 Deposit: from 100 USD Spreads:  low  low Location: Mwali Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay WebMoney Perfect Money Bitcoin AAAFx AAAFx (2007) Leverage: up to 1:500 * Deposit: from 10 USD Spreads:  low  low Location: Greece South Africa Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller UnionPay Qiwi iDeal Sofort Bitcoin Ethereum Tether Giropay AstroPay Przelewy24 Trade360 Trade360 (2013) Leverage: up to 1:100 * Deposit: from 500 USD Spreads:  high  high Location: Estonia Cyprus Marshall Islands Instruments: Currencies Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards Skrill Neteller Trustly SafeCharge EightCap EightCap (2009) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia Bahamas Seychelles Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 TradingView Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Bitcoin Tether Bpay POLi LiteFinance LiteFinance (2005) Leverage: up to 1:1000 Deposit: from 50 USD Spreads:  mid  mid Location: Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller Perfect Money AdvCash Bitcoin Bitсoin Cash Ethereum Liteсoin Ripple Tether UFX UFX (2007) Leverage: up to 1:400 Deposit: from 100 USD Spreads:  high  high Location: Cyprus Vanuatu Instruments: Currencies Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards Skrill Neteller UnionPay WebMoney Qiwi iDeal Sofort POLi Giropay PaySafeCard CashU No1 Capital Markets No1 Capital Markets (2017) Leverage: up to 1:1000 Deposit: from 5 USD Spreads:  low  low Location: Vanuatu Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards FasaPay Perfect Money Bitcoin Bitсoin Cash Ethereum Liteсoin Dash Ripple Tether INGOT Brokers INGOT Brokers (2006) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards PayPal Bitcoin Ethereum Tether POLi AMarkets AMarkets (2007) Leverage: up to 1:3000 Deposit: from 100 USD Spreads:  low  low Location: New Zealand Saint Vincent and the Grenadines Mwali Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Neteller FasaPay Perfect Money AdvCash Bitcoin Ethereum Liteсoin Tether Arum Capital Arum Capital (2017) Leverage: up to 1:30 Deposit: from 500 USD Spreads:  low  low Location: Cyprus Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 5 FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller Qiwi Amana Capital Amana Capital (2010) Leverage: up to 1:500 * Deposit: from 50 USD Spreads:  mid  mid Location: UK Cyprus UAE Lebanon Malaysia Mauritius Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Perfect Money Qiwi AdvCash Apple Pay Epay Moneta Ru Payeer Pepperstone Pepperstone (2010) Leverage: up to 1:200 Deposit: from 200 AUD Spreads:  low  low Location: Australia UK Germany Cyprus UAE Bahamas Instruments: Currencies Crypto Indices Metals Energies Softs Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Qiwi Bpay POLi Markets.com Markets.com (2008) Leverage: up to 1:300 * Deposit: from 100 USD Spreads:  mid  mid Location: Australia UK Cyprus South Africa British Virgin Islands Instruments: Currencies Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards PayPal Skrill Neteller iDeal Sofort Giropay Think Markets Think Markets (2010) Leverage: up to 1:500 * Deposit: from 5 USD Spreads:  low  low Location: Australia New Zealand UK Cyprus South Africa UAE Japan Cayman Islands Mauritius Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific FIX API (protocol) Wire Transfer Credit Cards PayPal Skrill Neteller BitPay Bpay POLi XtreamForex XtreamForex (2015) Leverage: up to 1:1000 Deposit: from 5 USD Spreads:  low  low Location: Marshall Islands Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Perfect Money Qiwi Bitcoin JFD Bank JFD Bank (2011) Leverage: up to 1:400 * Deposit: from 500 USD Spreads:  mid  mid Location: Germany Cyprus Vanuatu Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Sofort SafeCharge FreshForex FreshForex (2004) Leverage: up to 1:2000 Deposit: from 10 USD Spreads:  mid  mid Location: Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards FasaPay WebMoney Perfect Money AdvCash Bitcoin Bitсoin Cash Ethereum Liteсoin Ripple Tether JustForex JustForex (2012) Leverage: up to 1:3000 Deposit: from 1 USD Spreads:  low  low Location: Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Skrill Neteller FasaPay Perfect Money Qiwi BitWallet SticPay FXDD FXDD (2004) Leverage: up to 1:200 * Deposit: from 10 USD Spreads:  mid  mid Location: Malta Mauritius Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 FIX API (protocol) Wire Transfer Credit Cards Neteller UnionPay ActivTrades ActivTrades (2001) Leverage: up to 1:400 * Deposit: from 500 GBP Spreads:  mid  mid Location: UK Italy Bahamas Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 TradingView Specific Wire Transfer Credit Cards PayPal Skrill Neteller Sofort BDSwiss BDSwiss (2012) Leverage: up to 1:2000 Deposit: from 10 USD Spreads:  mid  mid Location: Mauritius Mwali Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Bitcoin Bitсoin Cash Ethereum Liteсoin Dash Ripple Tether AstroPay World Forex World Forex (2007) Leverage: up to 1:1000 Deposit: from 1 USD Spreads:  mid  mid Location: Saint Vincent and the Grenadines Saint Lucia British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific Binary Platform Wire Transfer Credit Cards WebMoney Perfect Money Yandex Money Qiwi AdvCash Bitcoin Dash Google Pay Apple Pay Moneta Ru FXPrimus FXPrimus (2009) Leverage: up to 1:1000 Deposit: from 15 USD Spreads:  low  low Location: Vanuatu Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay Bitcoin EcoPayz SafeCharge Crypto Rocket Crypto Rocket (2018) Leverage: up to 1:500 Deposit: from 0.0001 BTC Spreads:  mid  mid Location: Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Bitcoin Capex Capex (2016) Leverage: up to 1:300 * Deposit: from 1000 USD Spreads:  mid  mid Location: Cyprus South Africa Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards Skrill Neteller Trustly SafeCharge VantageFX VantageFX (2009) Leverage: up to 1:500 Deposit: from 200 USD Spreads:  low  low Location: Australia UK Cayman Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Bpay POLi AstroPay TeleTrade TeleTrade (2000) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  mid  mid Location: Cyprus Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay WebMoney Yandex Money Qiwi BlackBull Markets BlackBull Markets (2014) Leverage: up to 1:500 Deposit: from 200 USD Spreads:  low  low Location: New Zealand Instruments: Currencies Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 TradingView FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay Pocket Option Pocket Option (2017) Leverage: up to --- Deposit: from 10 USD Spreads:  ---  --- Location: Marshall Islands Instruments: Currencies Crypto Metals Energies Stocks Platforms: Web MetaTrader 5 Social Platform Binary Platform Wire Transfer Credit Cards PayRedeem WebMoney Perfect Money AdvCash Bitcoin Bitсoin Cash Ethereum Liteсoin Ripple Tether TIO Markets TIO Markets (2019) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  low  low Location: Saint Vincent and the Grenadines Mwali Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay Bitcoin Ethereum Tether Tifia Markets Tifia Markets (2011) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  mid  mid Location: Vanuatu Instruments: Currencies Indices Metals Energies Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay Perfect Money Bitcoin xChief xChief (2014) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  low  low Location: Mwali Instruments: Currencies Crypto Indices Metals Energies Platforms: MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller FasaPay Perfect Money AdvCash Bitcoin Bitсoin Cash Ethereum Liteсoin Ripple CryptoAltum CryptoAltum (2020) Leverage: up to 1:500 Deposit: from 0.0001 BTC Spreads:  mid  mid Location: Marshall Islands Instruments: Currencies Crypto Indices Metals Platforms: Web MetaTrader 5 Credit Cards Bitcoin Bitсoin Cash Ethereum Liteсoin Ripple Tether XBTFX XBTFX (2019) Leverage: up to 1:500 Deposit: from 0.0001 BTC Spreads:  low  low Location: Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 5 cTrader Specific Wire Transfer Bitcoin Bitсoin Cash Ethereum Liteсoin Dash Ripple Tether Just2Trade Just2Trade (2015) Leverage: up to 1:30 Deposit: from 100 USD Spreads:  low  low Location: Cyprus Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 CQG Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller UnionPay WebMoney Yandex Money Trustly Qiwi iDeal Bitcoin Ethereum Tether POLi Giropay Moneta Ru Klarna Przelewy24 Alipay IFC Markets IFC Markets (2006) Leverage: up to 1:400 Deposit: from 1 USD Spreads:  mid  mid Location: Malaysia British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller WebMoney Perfect Money Bitcoin BitWallet Arum Trade Arum Trade (2018) Leverage: up to 1:200 Deposit: from 1 USD Spreads:  low  low Location: Vanuatu Instruments: Currencies Crypto Indices Metals Energies Platforms: MetaTrader 5 FIX API (protocol) Skrill Neteller Perfect Money AstroPay FxFlat FxFlat (1997) Leverage: up to 1:30 Deposit: from 200 EUR Spreads:  mid  mid Location: Germany Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards PayPal Skrill Sofort Giropay TMGM TMGM (2013) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia New Zealand Mauritius Vanuatu Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay POLi SticPay Alipay GT IO GT IO (2020) Leverage: up to 1:1000 Deposit: from 5 USD Spreads:  mid  mid Location: South Africa Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Bitcoin Ethereum Tether SticPay Doo Prime Doo Prime (2014) Leverage: up to 1:400 Deposit: from 100 USD Spreads:  low  low Location: Mauritius Vanuatu Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: MetaTrader 4 MetaTrader 5 TradingView Specific Social Platform FIX API (protocol) Wire Transfer Credit Cards PayPal UnionPay Bitcoin Ethereum Tether PayTrust88 GBE Brokers GBE Brokers (2015) Leverage: up to 1:30 Deposit: from 500 USD Spreads:  mid  mid Location: Germany Cyprus Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards PayPal Skrill Neteller Errante Errante (2019) Leverage: up to 1:500 * Deposit: from 50 USD Spreads:  mid  mid Location: Cyprus Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Perfect Money Trustly iDeal Sofort Bitcoin Ethereum Ripple Tether Giropay SticPay CashU Przelewy24 M4Markets M4Markets (2019) Leverage: up to 1:1000 Deposit: from 5 USD Spreads:  low  low Location: Cyprus UAE Seychelles Instruments: Currencies Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Social Platform Wire Transfer Skrill Neteller PayRedeem FasaPay UnionPay Perfect Money BitWallet SticPay Alipay VT Markets VT Markets (2016) Leverage: up to 1:500 Deposit: from 200 USD Spreads:  low  low Location: Australia UK Cayman Islands Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay Tether Bpay POLi ACY Securities ACY Securities (2013) Leverage: up to 1:500 Deposit: from 50 USD Spreads:  low  low Location: Australia Vanuatu Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill UnionPay PayTrust88 ALB ALB (2017) Leverage: up to 1:30 Deposit: from 200 USD Spreads:  mid  mid Location: Malta Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Wire Transfer Credit Cards Pacific Union Pacific Union (2015) Leverage: up to 1:500 Deposit: from 20 USD Spreads:  low  low Location: Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay Bitcoin Tether Alipay
Oops, no brokers were found in our database
Loading more results

Background of MetaTrader 5

The MetaTrader 5 platform (MT5) was created in 2010 by Metaquotes Inc as a successor to the wildly popular MT4 platform. However, it has found it very hard to displace the MT4 from the market, to the extent that the MT5 is now being offered in conjunction with the MT4 by almost all retail brokers that offer this platform. In other words, it is a bad marketing strategy for a retail broker to offer just the MT5 platform, without offering the MT4. Perhaps the reason for the slow uptake of the MT5 by retail traders and their brokers alike is because not much effort has been put into highlighting the advancements that the MT5 will bring to retail forex trading. The truth is, the MT5 is a vast improvement on the MT4. What this article will do is not just to show you the forex brokers for the MT5 platform, but also show you why you should seriously consider jettisoning your MT4 package for the MT5 platform offered by the forex brokers on our list.

MT5: Superior in Many Ways to the MT4

The MetaTrader 5 platform is an advancement of the MT4 in many ways, and when properly utilized, it has the potential in changing the game for retail traders looking for advanced performance in their trading. So in what ways is the MT5 a superior trading software to the MT4?

Infographics: Superiority of MetaTrader 5 over MetaTrader 4

A) Speed

Due to the fact that it is built on the more advanced 64-bit multi-threaded technology, the MT5 platform is faster and more stable than the 32-bit, mono-threaded MT4 platform.

B) Chart Tools

The forex brokers for MetaTrader 5 present an important feature when it comes to charting: the ability to open multiple charts. Traders who monitor correlated assets will attest to the fact that switching form one chart to another can be very dreary business. But with the MT5, you can open as many charts as you want, and monitor several asset charts at the same time.

C) Backtesting

Enhanced backtesting and optimization are strategy testing advancements that you will find on forex brokers offering the Metatrader 5. In the MT4, it is only possible to test and optimize one asset at a time. This has been improved in the MT5, as it is possible to carry out backtesting and optimization of multiple assets at the same time. Furthermore, the process has been given a speed boost, enabling faster strategy testing and optimization. So if for instance, you want to test a strategy for Yen crosses, it is possible to select several pairs featuring the JPY and perform the strategy tests on these pairs at the same time, and at faster speeds than before.

D) Hedging

The MT5 allows you to hedge positions in the forex market. You can hold as many positions on a currency pair as possible, and each order is displayed in the order ticket as a new trade.

E) Multilingual Learning Program

There is now a built-in learning program which is multilingual. Traders who speak 30 languages that include English, Mandarin, German, Portuguese and Spanish, can now visit the MT5 learning section and get interactive learning by switch to their preferred language interface using the View tab. Over 100 interactive tips are provided, enabling traders to seamlessly learn about the MT5 and how to use it.

F) Enhanced Order Management

MetaTrader 5 now has an enhanced order management system which not only provides up to 6 order types (unlike 4 types in the MT4), but provides the ability to manage these orders easily.

Unique Trading Features of MT5 Forex Brokers

The MT5 platform has some interesting features that you will not find in the MT4. This is part of what makes this platform truly unique.

Infographics: Unique trading features of MT5 Forex brokers

A) Depth of Market

The Order Book, otherwise known as the Depth of Market tool, is a feature of the MT5 that shows the level of commitment of buyers and sellers of an asset. The Depth of Market tool shows the prices at which the asset is being offered. It also shows how much buying and selling volume is at play for each price level. This therefore works as a great tool to know where the orders and prices will flow.

B) Increased Number of Charting Tools

The MT5 boasts of an increased number of charting tools which are also more advanced than those of the MT4 platform. For instance, there are 38 native technical indicators, 44 analytical tools and 21 timeframes. For instance, Elliot wave tools and graphical objects have been added to the analytical tools available for traders. This provides a total of 80 indicators for technical analysis.

C) Better Listing and Categorization of Market Products

The Market tab in the MT5 has been redesigned to classify products available on the MQL Marketplace as they are. Rather than have a blanket listing as was the case with the MT4, traders can now click the Market tab, and click on the sub-divisions as follows: Experts, indicators, Libraries, Favourites and Downloads.

D) Increased Number of Timeframes

The number of timeframes has been increased in the MT5 platform. This means that other time frame charts not previously available on the MT4 are now found on the MT5. So instead of 9 time frames on the MT4, the forex brokers for Metatrader 5 can offer you 21 time frames.

Other Features Found Exclusively on MT5 Forex Platforms

Here are some of the other features that the forex brokers for MT5 will offer you exclusively on their platforms.

— Embedded Chat

It is now possible to use the embedded chat function within the MT5 platform to communicate with other members of the MT5 community website. This is a seamless function that operates in just the same way the trader can pay for items on the MQL Community website from the account balance in the platform.

— An Economic Calendar

The forex brokers for MT5 have solved a major problem confronting traders: that of shuffling between platform and webpages that carry the Economic Calendar. Now you can view the forex news calendar in one location; your MT5 platform. The economic calendar has been revised and now features the ability to select the current day, current week, previous or month, or any time schedule you want to view. You can also view data by country or currency.

— Partial order filling

Now you can have part of your trade order filled at a certain price and the other components filled at other prices. This is unlike the MT4 where the entire order must be filled at the listed market or limit/stop price.

There is so much that you can do with the forex brokers for Metatrader 5. All you need to do is to select one of the MT5 forex brokers listed above in order to get the best from this advanced trading platform.

Show Results