MT5 Forex Brokers

Find below a list of the best MetaTrader 5 / MT5 Forex Brokers and compare the features.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail CFD accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Popularity
Min. Deposit 1 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Bonus $30
Popularity
Min. Deposit 200 €
ECN
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓

75.99% of retail CFD accounts lose money

Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓

72% of retail CFD accounts lose money

Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:1000
Platforms MT5 ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓

75% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30

77% of retail CFD accounts lose money

Popularity
ECN
Platforms MT4 ✓ MT5 ✓ cTrader ✓

66% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:400
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 200 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 20 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Bonus 120%
Popularity
Min. Deposit 200 €
ECN
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 50 €
ECN (min. deposit) 500 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 30 €
ECN (min. deposit) 500 €
Leverage ≤1:3000
Platforms MT4 ✓ MT5 ✓

74.73% of retail CFD accounts lose money

Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓

72% of retail CFD accounts lose money

Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 2000 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30

72.2% of retail CFD accounts lose money

Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $50

65.69% of retail CFD accounts lose money

Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $100

81.48% of retail CFD accounts lose money

Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 500 €
Leverage ≤1:500
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1000 €
ECN (min. deposit) 1000 €
Leverage ≤1:400
Platforms MT4 ✓ MT5 ✓

71% of retail CFD accounts lose money

Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:200
Platforms MT4 ✓ MT5 ✓

79% of retail CFD accounts lose money

Popularity
ECN
Leverage ≤1:30
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 50 €
ECN (min. deposit) 500 €
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $10

MetaTrader 5 (MT5) is a software platform for online trading in the forex, CFD and futures markets. It is developed and maintained by MetaQuotes software corporation. It is the successor to MetaTrader 4 (MT4) and offers a range of new features, such as improved charting capabilities, more advanced technical analysis tools, and additional order types. It also includes advanced backtesting and optimization options for automated trading strategies. The platform is available for Windows, Mac, iOS and Android, and can be used with multiple brokers and financial markets worldwide.

Here are the improvements made on MT5:

  • New language and better scripting tools for writing custom indicators and expert advisors.
  • Be able to use more financial products (commodities, indices, and equity CFDs).
  • Six types of pending orders and two types of stop orders.
  • Variety of Charts and Timeframes.
  • Additional technical indicators, analytical objects, and graphical objects.
  • Traders may use a variety of indicators that can be attached to their charts.
  • Improved Strategy Tester for EAs.
  • Economic calendar tab with news, events and schedules.