MT5 Forex Brokers

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

Risk Warning: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor 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. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.

Top ▾▴	Broker ▾▴	Minimum Deposit ▾▴	ECN (Min. Deposit) ▾▴	Leverage ▾▴	MT4	MT5	Bonus ▾▴	Review	➦
1	IC Markets	$200 /€	$200 /€	≤500:1	✔	✔	–	Review	www
2	RoboForex	$10 / 0.001₿	$10 / 0.001₿	≤2000:1	✔	✔	–	Review	www
3	Exness	$1 /€	$300 /€	≤9999:1 • EEA ≤30:1	✔	✔	–	Review	www App Store Google Play
4	XM Group	$5 /€	–	≤500:1 • EEA ≤30:1	✔	✔	$30 /€ Residents within EEA are not eligible for this bonus	Review	www
5	Alpari	$200 /€	$300 /€	≤1000:1	✔	✔	–	Review	www
6	FBS	$1 /€	–	≤3000:1 • EEA ≤30:1	✔	✔	$100 /€ Residents within EEA are not eligible for this bonus	Review	www
7	Admiral Markets	$1 /€	–	≤500:1 • EEA ≤30:1	✔	✔	–	Review	www
8	LiteForex	$10 /€	–	≤1000:1 • EEA ≤30:1	✔	✔	–	Review	www
9	FXTM	$10 /€	$500 /€		✔	✔	–	Review	www
10	Forex.com	$100 /€	–		✔	✔	–	Review	www
11	Vantage Fx	$100 /€	$500 /€	≤500:1	✔	✔	–	Review	www
12	FxPro	$100 /€	$100 /€	≤500:1 • EEA ≤30:1	✔	✔	–	Review	www
13	NordFX	$5 /€	$1000 /€	≤1000:1	✔	✔	–	Review	www
14	FreshForex	$1 /€	$1 /€	≤2000:1	✔	✔	$2021 /€	Review	www
15	AvaTrade	$100 /€	–	≤400:1 • EEA ≤30:1	✔	✔	–	Review	www
16	HotForex	$5 /€	–	≤1000:1 • EEA ≤30:1	✔	✔	–	Review	www
17	FX Choice	$100 / 0.01₿	$100 / 0.01₿	≤200:1	✔	✔	–	Review	www
18	FXOpen	$1 / 0.0001₿	$100 / 0.01₿	≤500:1	✔	✔	$10 / 0.001₿	Review	www
19	FiboGroup	$1 /€	$50 /€	≤1000:1	✔	✔	–	Review	www
20	OctaFx	$50 /€	$100 /€	≤500:1	✔	✔	–	Review	www
21	Pepperstone	$200 /€	$200 /€	≤500:1 • EEA ≤30:1	✔	✔	–	Review	www
22	FortFS	$5 /€	$500 /€	≤1000:1	✔	✔	$35 /€	Review	www
23	AMarkets	$100 /€	$200 /€	≤1000:1	✔	✔	–	Review	www
24	ForexChief	$100 /€	–	≤1000:1	✔	✔	–	Review	www
25	GrandCapital	$10 /€	$500 /€	≤2000:1	✔	✔	$500 /€	Review	www
26	FP Markets	$100	$100	≤500:1	✔	✔	–	Review	www
27	CityIndex	$100 /€	–		✔	✔	–	Review	www
28	InstaForex	$1 /€	–	≤200:1 • EEA ≤30:1	✔	✔	$500 /€	Review	www
29	Land-FX	$300 /€	$2000 /€	≤500:1	✔	✔	–	Review	www
30	Deriv	$5 /€	–	≤1000:1 • EEA ≤30:1	–	✔	–	Review	www
31	GO Markets	$200 /€	–	≤500:1	✔	✔	–	Review	www
32	Tifia	$10 /€	$500 /€	≤1000:1	✔	✔	–	Review	www
33	HYCM	$100 /€	–	≤500:1 • EEA ≤30:1	✔	✔	–	Review	www
34	RoboMarkets	$100 /€	$100 /€	≤30:1	✔	✔	–	Review	www

1 IC Markets Review
Minimum Deposit	$200 /€
ECN	$200 /€ (Min. Deposit)
Leverage	≤500:1
MT4	✔
MT5	✔
Click here to visit IC Markets »

2 RoboForex Review
Minimum Deposit	$10 / 0.001₿
ECN	$10 / 0.001₿ (Min. Deposit)
Leverage	≤2000:1
MT4	✔
MT5	✔
Click here to visit RoboForex »

3 Exness Review
Minimum Deposit	$1 /€
ECN	$300 /€ (Min. Deposit)
Leverage	≤9999:1 • EEA ≤30:1
MT4	✔
MT5	✔
www App Store Google Play

4 XM Group Review
Minimum Deposit	$5 /€
Leverage	≤500:1 • EEA ≤30:1
MT4	✔
MT5	✔
Bonus	$30 /€ Residents within EEA are not eligible for this bonus
Click here to visit XM Group »

5 Alpari Review
Minimum Deposit	$200 /€
ECN	$300 /€ (Min. Deposit)
Leverage	≤1000:1
MT4	✔
MT5	✔
Click here to visit Alpari »

6 FBS Review
Minimum Deposit	$1 /€
Leverage	≤3000:1 • EEA ≤30:1
MT4	✔
MT5	✔
Bonus	$100 /€ Residents within EEA are not eligible for this bonus
Click here to visit FBS »

7 Admiral Markets Review
Minimum Deposit	$1 /€
Leverage	≤500:1 • EEA ≤30:1
MT4	✔
MT5	✔
Click here to visit Admiral Markets »

8 LiteForex Review
Minimum Deposit	$10 /€
Leverage	≤1000:1 • EEA ≤30:1
MT4	✔
MT5	✔
Click here to visit LiteForex »

9 FXTM Review
Minimum Deposit	$10 /€
ECN	$500 /€ (Min. Deposit)
MT4	✔
MT5	✔
Click here to visit FXTM »

10 Forex.com Review
Minimum Deposit	$100 /€
MT4	✔
MT5	✔
Click here to visit Forex.com »

11 Vantage Fx Review
Minimum Deposit	$100 /€
ECN	$500 /€ (Min. Deposit)
Leverage	≤500:1
MT4	✔
MT5	✔
Click here to visit Vantage Fx »

12 FxPro Review
Minimum Deposit	$100 /€
ECN	$100 /€ (Min. Deposit)
Leverage	≤500:1 • EEA ≤30:1
MT4	✔
MT5	✔
Click here to visit FxPro »

13 NordFX Review
Minimum Deposit	$5 /€
ECN	$1000 /€ (Min. Deposit)
Leverage	≤1000:1
MT4	✔
MT5	✔
Click here to visit NordFX »

14 FreshForex Review
Minimum Deposit	$1 /€
ECN	$1 /€ (Min. Deposit)
Leverage	≤2000:1
MT4	✔
MT5	✔
Bonus	$2021 /€
Click here to visit FreshForex »

15 AvaTrade Review
Minimum Deposit	$100 /€
Leverage	≤400:1 • EEA ≤30:1
MT4	✔
MT5	✔
Click here to visit AvaTrade »

16 HotForex Review
Minimum Deposit	$5 /€
Leverage	≤1000:1 • EEA ≤30:1
MT4	✔
MT5	✔
Click here to visit HotForex »

17 FX Choice Review
Minimum Deposit	$100 / 0.01₿
ECN	$100 / 0.01₿ (Min. Deposit)
Leverage	≤200:1
MT4	✔
MT5	✔
Click here to visit FX Choice »

18 FXOpen Review
Minimum Deposit	$1 / 0.0001₿
ECN	$100 / 0.01₿ (Min. Deposit)
Leverage	≤500:1
MT4	✔
MT5	✔
Bonus	$10 / 0.001₿
Click here to visit FXOpen »

19 FiboGroup Review
Minimum Deposit	$1 /€
ECN	$50 /€ (Min. Deposit)
Leverage	≤1000:1
MT4	✔
MT5	✔
Click here to visit FiboGroup »

20 OctaFx Review
Minimum Deposit	$50 /€
ECN	$100 /€ (Min. Deposit)
Leverage	≤500:1
MT4	✔
MT5	✔
Click here to visit OctaFx »

21 Pepperstone Review
Minimum Deposit	$200 /€
ECN	$200 /€ (Min. Deposit)
Leverage	≤500:1 • EEA ≤30:1
MT4	✔
MT5	✔
Click here to visit Pepperstone »

22 FortFS Review
Minimum Deposit	$5 /€
ECN	$500 /€ (Min. Deposit)
Leverage	≤1000:1
MT4	✔
MT5	✔
Bonus	$35 /€
Click here to visit FortFS »

23 AMarkets Review
Minimum Deposit	$100 /€
ECN	$200 /€ (Min. Deposit)
Leverage	≤1000:1
MT4	✔
MT5	✔
Click here to visit AMarkets »

24 ForexChief Review
Minimum Deposit	$100 /€
Leverage	≤1000:1
MT4	✔
MT5	✔
Click here to visit ForexChief »

25 GrandCapital Review
Minimum Deposit	$10 /€
ECN	$500 /€ (Min. Deposit)
Leverage	≤2000:1
MT4	✔
MT5	✔
Bonus	$500 /€
Click here to visit GrandCapital »

26 FP Markets Review
Minimum Deposit	$100
ECN	$100 (Min. Deposit)
Leverage	≤500:1
MT4	✔
MT5	✔
Click here to visit FP Markets »

27 CityIndex Review
Minimum Deposit	$100 /€
MT4	✔
MT5	✔
Click here to visit CityIndex »

28 InstaForex Review
Minimum Deposit	$1 /€
Leverage	≤200:1 • EEA ≤30:1
MT4	✔
MT5	✔
Bonus	$500 /€
Click here to visit InstaForex »

29 Land-FX Review
Minimum Deposit	$300 /€
ECN	$2000 /€ (Min. Deposit)
Leverage	≤500:1
MT4	✔
MT5	✔
Click here to visit Land-FX »

30 Deriv Review
Minimum Deposit	$5 /€
Leverage	≤1000:1 • EEA ≤30:1
MT4	–
MT5	✔
Click here to visit Deriv »

31 GO Markets Review
Minimum Deposit	$200 /€
Leverage	≤500:1
MT4	✔
MT5	✔
Click here to visit GO Markets »

32 Tifia Review
Minimum Deposit	$10 /€
ECN	$500 /€ (Min. Deposit)
Leverage	≤1000:1
MT4	✔
MT5	✔
Click here to visit Tifia »

33 HYCM Review
Minimum Deposit	$100 /€
Leverage	≤500:1 • EEA ≤30:1
MT4	✔
MT5	✔
Click here to visit HYCM »

34 RoboMarkets Review
Minimum Deposit	$100 /€
ECN	$100 /€ (Min. Deposit)
Leverage	≤30:1
MT4	✔
MT5	✔
Click here to visit RoboMarkets »

✚

MetaTrader 5 Platform

Metatrader5 (MT5), which was released in 2010, is a popular trading platforms as Metatrader 4 (MT4). Metatrader 5 is a more recent version of MT4 but MT4 is still popular for different reasons:

Simple and user-friendly software.
Designed with MQL code language, which is faster and easier to compile.
Almost all types of trading methods – hedging and LIFO, while MT5 does not support hedging and implements FIFO by default.
Takes up less memory space than MT5.

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.

Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor 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.

The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation and is not directed at residents of: Belgium · France · Japan · Latvia · Turkey · United States ·