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 /€ $200 /€ ≤500:1
Review
2 RoboForex $10 /€ $10 /€ ≤2000:1
Review
3 Exness $1 /€ $300 /€ ≤9999:1 •  ≤30:1
Review
4 XM Group $5 /€ ≤500:1 •  ≤30:1 $30 /€
Review
5 Alpari $200 /€ $300 /€ ≤1000:1
Review
6 FBS $1 /€ ≤3000:1 •  ≤30:1 $100 /€
Review
7 Admiral Markets $1 /€ ≤500:1 •  ≤30:1
Review
8 LiteForex $10 /€ ≤1000:1 •  ≤30:1
Review
9 FXTM $10 /€ $500 /€
Review
10 Forex.com $100 /€
Review
11 Vantage Fx $100 /€ $500 /€ ≤500:1
Review
12 FxPro $100 /€ $100 /€ ≤500:1 •  ≤30:1
Review
13 NordFX $5 /€ $1000 /€ ≤1000:1
Review
14 FreshForex $1 /€ $1 /€ ≤2000:1 $2020 /€
Review
15 AvaTrade $100 /€ ≤400:1 •  ≤30:1
Review
16 HotForex $5 /€ ≤1000:1 •  ≤30:1
Review
17 FX Choice $100 /€ $100 /€ ≤200:1
Review
18 FXOpen $1 /€ $100 /€ ≤500:1 $10 /€
Review
19 FiboGroup $1 /€ $50 /€ ≤1000:1
Review
20 OctaFx $50 /€ $100 /€ ≤500:1
Review
21 Pepperstone $200 /€ $200 /€ ≤500:1 •  ≤30:1
Review
22 FortFS $5 /€ $500 /€ ≤1000:1 $35 /€
Review
23 AMarkets $1 /€ $200 /€ ≤1000:1
Review
24 ForexChief $100 /€ ≤1000:1
Review
25 FP Markets $100 $100 ≤500:1
Review
26 CityIndex $100 /€
Review
27 InstaForex $1 /€ ≤200:1 •  ≤30:1 $500 /€
Review
28 Land-FX $300 /€ $2000 /€ ≤500:1
Review
29 Binary.com $5 /€ ≤1000:1 •  ≤30:1
Review
30 GO Markets $200 /€ ≤500:1
Review
31 Tifia $10 /€ $500 /€ ≤1000:1
Review
32 HYCM $100 /€ ≤500:1 •  ≤30:1
Review
33 RoboMarkets $100 /€ $100 /€ ≤30:1
Review
Minimum Deposit $200 /€
ECN $200 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

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

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

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

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

Minimum Deposit $1 /€
Leverage ≤3000:1 •  ≤30:1
MT4
MT5
Bonus $100 /€

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

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

Minimum Deposit $10 /€
ECN $500 /€ (Min. Deposit)
MT4
MT5

Minimum Deposit $100 /€
MT4
MT5

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

Minimum Deposit $100 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤500:1 •  ≤30:1
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 $2020 /€

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

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

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

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

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 •  ≤30:1
MT4
MT5

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

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

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

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

Minimum Deposit $100 /€
MT4
MT5

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

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

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

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

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

Minimum Deposit $100 /€
Leverage ≤500:1 •  ≤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 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 ·