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.

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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 Exness $1 /€ $300 /€ ≤9999:1
Review
2 RoboForex $10 / 0.001₿ $10 / 0.001₿ ≤2000:1
Review
3 IC Markets $200 /€ $200 /€ ≤500:1
Review
4 Alpari $200 /€ $300 /€ ≤1000:1
Review
5 LiteForex $10 /€ ≤1000:1
Review
6 XM Group $5 /€ $30 /€
Residents within EEA are not eligible for this bonus
Review
7 FBS $1 /€ ≤3000:1 •
EEA
 ≤30:1
$70
Residents within EEA are not eligible for this bonus
Review
8 JustForex $1 /€ $100 /€ ≤3000:1
Review
9 HotForex ≤1000:1
Review
10 InstaForex $1 /€ ≤1000:1 $500
Review
11 Vantage Fx $100 /€ $500 /€ ≤500:1
Review
12 NordFX $5 /€ $1000 /€ ≤1000:1
Review
13 OctaFx $50 /€ $100 /€ ≤500:1
Review
14 AMarkets $100 /€ $200 /€ ≤1000:1
Review
15 Forex.com $100 /€
Review
16 FreshForex $1 /€ $1 /€ ≤2000:1 $2021
Review
17 AvaTrade $100 /€ ≤400:1 •
EEA
 ≤30:1
Review
18 Deriv $5 /€ ≤1000:1 •
EEA
 ≤30:1
Review
19 FX Choice $100 / 0.01₿ $100 / 0.01₿ ≤200:1
Review
20 admirals $1 /€ ≤500:1 •
EEA
 ≤30:1
Review
21 FXTM $50 /€ $500 /€
Review
22 FXOpen $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10
Review
23 Tifia $10 /€ $500 /€ ≤1000:1
Review
24 FP Markets $100 $100 ≤500:1
Review
25 FiboGroup $1 /€ $50 /€ ≤1000:1
Review
26 FxPro $100 /€ ≤200:1 •
EEA
 ≤30:1
Review
27 IFC Markets $1000 /€ ≤400:1
Review
28 Pepperstone $200 /€ $200 /€ ≤30:1
Review
29 Oanda $1 /€ ≤200:1
Review
30 HYCM $100 /€ ≤500:1
Review
31 ForexChief $100 /€ ≤1000:1
Review
32 GrandCapital $10 /€ $500 /€ ≤2000:1 $500
Review
33 Land-FX $300 /€ $2000 /€ ≤500:1
Review
34 CityIndex $100 /€
Review
35 Coinexx 0.001₿ ≤500:1
Review
36 Eightcap $100 /€ ≤500:1
Review
37 ActivTrades $100 /€ ≤200:1
Review
38 Libertex $100 ≤30:1
Review
39 worldforex $1 /€ ≤1000:1 $10 /€
Review
40 Amegafx $1 ≤1000:1 $40
Review
41 RoboMarkets $100 /€ $100 /€ ≤30:1
Review
42 ThinkMarkets $250 /€ $2000 /€ ≤500:1 •
EEA
 ≤30:1
Review
43 Naga $250 /€ ≤1000:1 •
EEA
 ≤30:1
Review
44 Markets.com $100 /€ ≤300:1 •
EEA
 ≤30:1
Review
45 GO Markets $200 /€ ≤500:1 •
EEA
 ≤30:1
Review
46 HF Markets $50 /€ ≤30:1
Review
Minimum Deposit $1 /€
ECN $300 /€ (Min. Deposit)
Leverage ≤9999:1
MT4
MT5

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

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

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

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

Minimum Deposit $5 /€
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 $70
Residents within EEA are not eligible for this bonus

Minimum Deposit $1 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤3000:1
MT4
MT5

Leverage ≤1000:1
MT4
MT5

Minimum Deposit $1 /€
Leverage ≤1000:1
MT4
MT5
Bonus $500

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

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

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

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

Minimum Deposit $100 /€
MT4
MT5

Minimum Deposit $1 /€
ECN $1 /€ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $2021

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

Minimum Deposit $5 /€
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 $1 /€
Leverage ≤500:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $50 /€
ECN $500 /€ (Min. Deposit)
MT4
MT5

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

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

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

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

Minimum Deposit $100 /€
Leverage ≤200:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $1000 /€
Leverage ≤400:1
MT4
MT5

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

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

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

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 0.001₿
Leverage ≤500:1
MT4
MT5

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

Minimum Deposit $100 /€
Leverage ≤200:1
MT4
MT5

Minimum Deposit $100
Leverage ≤30:1
MT4
MT5

Minimum Deposit $1 /€
Leverage ≤1000:1
MT4
MT5
Bonus $10 /€

Minimum Deposit $1
Leverage ≤1000:1
MT4
MT5
Bonus $40

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

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

Minimum Deposit $250 /€
Leverage ≤1000:1 •
EEA
 ≤30:1
MT4
MT5

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

Minimum Deposit $200 /€
Leverage ≤500:1 •
EEA
 ≤30:1
MT4
MT5

Minimum Deposit $50 /€
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: Australia · Belgium · Canada · France · Israel · Japan · Latvia · New Zealand · Portugal · Turkey · United States ·