Top MT5 Forex brokers list

MetaTrader 5, also known as MT5, is a highly popular and advanced multi-asset trading platform developed by MetaQuotes Software Corp. The company is also responsible for the development of MT5's predecessor, MT4. MT5, along with MT4, provides traders with a wealth of advanced features, such as chart analysis tools, technical indicators, and various useful functions to manage price charts and execute trades. Thanks to its advanced capabilities and widespread popularity among the trading community, the majority of Forex brokers now offer MT5. If you're looking for the best MT5 Forex brokers, the first step is to search for reliable, well-regulated brokers who offer all MT5 features for free. The MT5 trading platform comes equipped with numerous built-in indicators, ranging from Moving Averages to Oscillators like MACD and RSI. In the hands of experienced traders, MT5 proves to be a robust trading software that facilitates analysis and trading across a diverse range of markets, including Forex pairs, indices, commodities, cryptocurrencies, and stocks. Below, we have compiled the best MT5 Forex brokers list to help traders find reliable brokers offering all the essential features of this platform.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
AvaTrade read review
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
RoboForex read review
MT4MT5cTraderDeposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
FSC Belize
Platforms
MT4, MT5, cTrader +1 more
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.64
Pepperstone read review
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.28
MT4MT5Copy tradingHigh leveragePAMM
Regulations
CIMA, CySEC, FCA UK
Platforms
MT4, MT5
8.10
easyMarkets read review
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
7.92
Tickmill read review
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
MT5 is renowned for its advanced features and trading robots. These automated trading systems, known as Expert Advisors or EAs, offer a unique ability to fully automate the trading process. Additionally, MT5's MQL5 programming language allows users to write or create custom indicators. The programming IDE is conveniently built into MT5, accessible with just one click at any time. Top MT5 FX brokers not only offer the platform but also support EAs and social trading, seamlessly integrated into MT5. MT5 provides numerous order types, including market orders, stop orders, and limit orders. The platform's execution speeds are fast, and with a reliable broker, traders can execute trades instantly, gaining a significant advantage over web platforms. However, it's important to note that MT5 is complex software, requiring some time to master its useful features and start trading effectively. For this reason, the best MT5 Forex brokers also provide video tutorials and articles to help new users familiarize themselves with the platform. This support ensures a smoother learning curve for beginners.

FAQs about MT5

What is the MT5 platform?

MetaTrader 5 or MT5 was developed by MetaQuotes Software Corp. It is an advanced multi-asset trading platform widely used by the trading community. It offers chart analysis tools, technical indicators, and a dedicated programming language to create custom indicators and trading robots called EAs.

Can I trade stocks with MT5?

Yes, MT5 is a multi-asset platform that enables traders to trade not only currencies, but also stocks, bonds, and futures. MT5 is a versatile choice for those interested in diverse trading opportunities in several markets at once.

Is MT5 good for beginners?

MT5 is an advanced trading platform and can be complex for beginners, but many top forex brokers offer video tutorials and articles to help newbies familiarize themselves with the platform, making it accessible to traders at all skill levels.