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.

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

Minimum Deposit $1 / 0.0001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

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

Minimum Deposit $5 /€
MT4
MT5
Bonus $30 /€ Residents within EEA are not eligible for this bonus

Minimum Deposit $1 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤3000:1
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 $10 /€
Leverage ≤1000:1
MT4
MT5

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

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

10
Review
Leverage ≤1000:1
MT4
MT5

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

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

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

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

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

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

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

Minimum Deposit $10 /€
ECN $10 /€ (Min. Deposit)
Leverage ≤500:1 • EEA ≤30:1
MT4
MT5

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

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

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

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

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

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

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

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

Minimum Deposit $100 /€
MT4
MT5

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

29
Review
Minimum Deposit $100 /€
Leverage ≤500:1
MT4
MT5

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

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

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

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

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

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

Minimum Deposit $1 /€
ECN $500 /€ (Min. Deposit)
MT4
MT5

Minimum Deposit $100
Leverage ≤30:1
MT4
MT5

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

Minimum Deposit 0.001₿
Leverage ≤500:1
MT4
MT5

Minimum Deposit $1
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $100 /€
MT4
MT5

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

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

Minimum Deposit $100 /€
Leverage ≤300:1 • 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 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: Australia · Belgium · Canada · Spain · France · Israel · Japan · Latvia · New Zealand · Portugal · Turkey · United States ·