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MetaTrader 5 Forex Brokers

A list of Forex brokers that offer MetaTrader 5 as one of the trading platforms. MetaTrader 5 has many new features compared to the previous version of the software (MetaTrader 4). It still supports various expert advisors, custom indicators and scripts, but also provides a better Strategy Tester, news event objects, built-in market for trading products and a more flexible development environment. If you look for a simple trading platform with an outstanding functionality combined with thousands of free indicators and automated strategies, choosing an MT5 broker will give you that. You will find 16 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Regulation Spread US
EXNESS $100 7.5 0.01        1:2000   
Platforms
  • MetaTrader 4
  • MetaTrader 5
Regulation
  • CRFIN (Russia)
  • CySEC
  • Financial Dispute Resolution (NZ)
  • FSP (New Zealand), 181164
Countries RU 
InstaForex $1 3.1 0.0001         1:1000   
Platforms
  • MetaTrader 4
  • MetaTrader 5
Regulation
  • RAFMM
Countries RU 
RoboForex $10 5.5 0.001        1:500   
Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
Regulation
  • FSCL (New Zealand)
  • FSP (New Zealand), 246525
Countries EG HK ID LV MD MY NZ RO RU TH TW 
Forex4you $1 5.5 0.0001        1:500   
Platforms
  • MetaTrader 4
  • MetaTrader 5
Regulation
  • FSC (BVI), SIBA/L/12/1027
Countries AZ GB IN LV MY RU VG 
LiteForex $20 5.3 0.001       1:1000   
Platforms
  • MetaTrader 4
  • MetaTrader 5
Regulation
  • RAFMM
Countries ID MY RU 
Mayzus (ex-United World Capital) $25 8.2 0.01       1:500   
MasterForex $1 - 0.01      1:500   
ActivTrades $250 8.0 0.01    1:400   
Admiral Markets $10 1.8 0.1     1:500   
N2 Capital Markets $2,000 - 1   1:2000   
MRC Markets $20 - 0.1      1:500   
SunbirdFX $100 4.0 0.01        1:100   
FIBO $300 - 0.01         1:200   
Weltrade $20 - 0.01        1:500   
Sensus Capital $2,500 - 0.01      1:200   
GOMarkets $500 6.8 0.001      1:500   

MetaTrader 5 is not as popular as MetaTrader 4, but it is a trading platform with its distinct features. Consider the following reasons to choose a broker supporting MT5:

  • You want only one consolidated position per currency pair.
  • You want one of the best possible backtesting tools in the industry. It comes with free self-downloading high-quality historical data for dozens of currency pairs.
  • You would like to use a built-in Signals service, where trading signals are supplied and executed within one platform, automatically.
  • You develop your own trading tools and would like to use multiple free code libraries and standard classes.


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