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 24 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
XM.COM $5 5.1 0.01 1:888
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    AU CY GR HU
  • Regulation
    • ASIC, 443670
    • BaFin, 124161
    • CNMV (Spain), 2010157773
    • CONSOB (Italy), 3046
    • CySEC, 120/10
    • FCA (UK), 538324
    • FSP (New Zealand), FSP235905
FXTM $5 8.8 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    CY GB NG
  • Regulation
    • CySEC, 185/12
    • FCA (UK), 600475
    • FSB (South Africa), 46614
    • IFSC (Belize), SC/60/345/TS and IFSC/60/345/APM.
EXNESS $1 7.3 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • Mobile Trading Platform
    • Web Trading
  • Countries
    CY VC
  • Regulation
    • CySEC, 178/12
    • FCA (UK), 730729
    • IFSA (St. Vincent and Grenadines), 21927 (IBC 2014)
RoboForex $1 4.8 0.01 1:500
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • cTrader
    • WebTrader
  • Countries
    CN EG GB HK ID LT LV MD MY NZ RO RU TH TW
  • Regulation
    • CySEC, 191/13
    • FSCL (New Zealand), 4148
    • FSP (New Zealand), 246525
    • IFSC (Belize), IFSC/60/271/TS/14
InstaForex $1 7.8 0.0001 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    RU
  • Regulation
    • RAFMM
LiteForex $10 5.4 0.01 1:1000
Binary.com $10 - 0.01 1:1000
MFX Broker $1 6.6 0.01 1:500
FIBOGroup $1 4.6 0.01 1:1000
ActivTrades $100 7.4 0.01 1:400
Admiral Markets $200 8.4 0.01 1:500
SunbirdFX $100 1.2 0.01 1:100
IC Markets $200 5.0 0.01 1:500
OctaFX $100 - 0.01 1:500
NordFX $1 - 0.01 1:1000
Swissquote $1,000 - 0.1 1:100
Alfa-Forex $1 6.5 0.01 1:100
Vinson Financials $200 8.4 0.1 1:500
1BillionForex $100 - 0.01 1:200
FX Choice $100 - 0.01 1:200
Key To Markets $100 - 0.01 1:500
NAS Broker $50 - 0.01 1:1000
Alpari $1 4.7 0.01 1:500
FxPro $100 8.4 0.01 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.