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 58-89% 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
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Broker
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Minimum Deposit
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ECN (Min. Deposit)
▾▴
Leverage
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MT4 MT5 Bonus
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Review
1 IC Markets $200 /€ $200 /€ ≤500:1
Review
2 RoboForex $10 / 0.001₿ $10 / 0.001₿ ≤2000:1
Review
3 Exness $1 /€ $300 /€ ≤9999:1 •
EEA
 ≤30:1
Review
4 Alpari $200 /€ $300 /€ ≤1000:1
Review
5 XM Group $30 /€
Residents within EEA are not eligible for this bonus
Review
6 FBS $1 /€ ≤3000:1 •
EEA
 ≤30:1
$100 /€
Residents within EEA are not eligible for this bonus
Review
7 HotForex ≤1000:1
Review
8 InstaForex $1 /€ ≤200:1 $500 /€
Review
9 FXTM $10 /€ $200 /€
Review
10 LiteForex $10 /€ ≤1000:1 •
EEA
 ≤30:1
Review
11 FX Choice $100 / 0.01₿ $100 / 0.01₿ ≤200:1
Review
12 AMarkets $100 /€ $200 /€ ≤1000:1
Review
13 Forex.com $100 /€
Review
14 Admiral Markets $1 /€ ≤500:1 •
EEA
 ≤30:1
Review
15 Vantage Fx $100 /€ $500 /€ ≤500:1
Review
16 AvaTrade $100 /€ ≤400:1 •
EEA
 ≤30:1
Review
17 FxPro $100 /€ ≤500:1 •
EEA
 ≤30:1
Review
18 FreshForex $1 /€ $1 /€ ≤2000:1 $2020 /€
Review
19 FXOpen $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10 / 0.001₿
Review
20 NordFX $5 /€ $1000 /€ ≤1000:1
Review
21 JustForex $1 /€ $100 /€ ≤3000:1 •
EEA
 ≤30:1
$30 /€
Residents within EEA are not eligible for this bonus
Review
22 FP Markets $100 $100 ≤500:1
Review
23 FortFS $5 /€ $500 /€ ≤1000:1 $35 /€
Review
24 FiboGroup $1 /€ $50 /€ ≤1000:1
Review
25 OctaFx $50 /€ $100 /€ ≤500:1
Review
26 Pepperstone $200 /€ $200 /€ ≤500:1 •
EEA
 ≤30:1
Review
27 AM Broker $100 /€ $1000 /€ ≤500:1 $100 /€
Residents within EEA are not eligible for this bonus
Review
28 ForexChief $100 /€ ≤1000:1
Review
29 GrandCapital $10 /€ $500 /€ ≤2000:1 $500 /€
Review
30 Land-FX $300 /€ $2000 /€ ≤500:1
Review
31 CityIndex $100 /€
Review
32 GO Markets $200 /€ ≤500:1
Review
33 ThinkMarkets $250 /€ $2000 /€ ≤500:1 •
EEA
 ≤30:1
Review
34 Tifia $10 /€ $500 /€ ≤1000:1
Review
35 HF Markets $50 /€ ≤30:1
Review
36 HYCM $100 /€ ≤500:1 •
EEA
 ≤30:1
Review
37 Deriv $5 /€ ≤1000:1 •
EEA
 ≤30:1
Review
38 Libertex $100 ≤30:1
Review
39 Markets.com $100 /€ ≤300:1 •
EEA
 ≤30:1
Review
40 Naga $250 /€ ≤30:1
Review
41 RoboMarkets $100 /€ $100 /€ ≤30:1
Review
Minimum Deposit $200 /€
ECN $200 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $10 / 0.001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Minimum Deposit $1 /€
ECN $300 /€ (Min. Deposit)
Leverage ≤9999:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $200 /€
ECN $300 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

MT4
MT5
Bonus $30 /€
Residents within EEA are not eligible for this bonus

Minimum Deposit $1 /€
Leverage ≤3000:1 •
EEA
 ≤30:1
MT4
MT5
Bonus $100 /€
Residents within EEA are not eligible for this bonus

Leverage ≤1000:1
MT4
MT5

Minimum Deposit $1 /€
Leverage ≤200:1
MT4
MT5
Bonus $500 /€

Minimum Deposit $10 /€
ECN $200 /€ (Min. Deposit)
MT4
MT5

Minimum Deposit $10 /€
Leverage ≤1000:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $100 / 0.01₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤200:1
MT4
MT5

Minimum Deposit $100 /€
ECN $200 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $100 /€
MT4
MT5

Minimum Deposit $1 /€
Leverage ≤500:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $100 /€
ECN $500 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $100 /€
Leverage ≤400:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $100 /€
Leverage ≤500:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $1 /€
ECN $1 /€ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $2020 /€

Minimum Deposit $1 / 0.0001₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $10 / 0.001₿

Minimum Deposit $5 /€
ECN $1000 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $1 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤3000:1 •
EEA
 ≤30:1
MT4
MT5
Bonus $30 /€
Residents within EEA are not eligible for this bonus

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $5 /€
ECN $500 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Bonus $35 /€

Minimum Deposit $1 /€
ECN $50 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $50 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $200 /€
ECN $200 /€ (Min. Deposit)
Leverage ≤500:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $100 /€
ECN $1000 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $100 /€
Residents within EEA are not eligible for this bonus

Minimum Deposit $100 /€
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $10 /€
ECN $500 /€ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $500 /€

Minimum Deposit $300 /€
ECN $2000 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $100 /€
MT4
MT5

Minimum Deposit $200 /€
Leverage ≤500:1
MT4
MT5

Minimum Deposit $250 /€
ECN $2000 /€ (Min. Deposit)
Leverage ≤500:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $10 /€
ECN $500 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $50 /€
Leverage ≤30:1
MT4
MT5

Minimum Deposit $100 /€
Leverage ≤500:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $5 /€
Leverage ≤1000:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $100
Leverage ≤30:1
MT4
MT5

Minimum Deposit $100 /€
Leverage ≤300:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $250 /€
Leverage ≤30:1
MT4
MT5

Minimum Deposit $100 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤30:1
MT4
MT5


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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 58-89% 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 ·