Best Brokers for MT5 2025
Pros and Cons
- Advanced Charting Tools: The MT5 platform offers a wide range of charting tools and technical indicators, providing traders with better market analysis capabilities.
- Multi-Asset Support: MT5 supports trading in multiple asset classes, including forex, stocks, commodities, and cryptocurrencies, offering versatility to users.
- Improved Order Types: MetaTrader 5 features advanced order types like Buy Stop Limit and Sell Stop Limit, enhancing the control over trades.
- Faster Processing Speed: MetaTrader 5 boasts improved performance, making it faster in executing trades and loading market data compared to its predecessor, MT4.
- Hedging and Netting Options: The platform allows both hedging and netting, catering to different trading strategies.
- Integrated Economic Calendar: MT5 provides an in-platform economic calendar that allows investors to track major events and data releases without leaving the platform.
- Complex for Beginners: The platform can be overwhelming for novices due to its advanced features and complex interface.
- Limited Support: While popular, not all brokers offer MT5, limiting choices for those who prefer this platform.
- Less Community Support than MT4: MetaTrader 5 still has fewer community resources compared to MT4, making it slightly harder to find custom indicators and Expert Advisors (EA).
Introduction to MetaTrader 5
MetaTrader 5 is a powerful, multi-asset trading platform designed by MetaQuotes Software.
Released in 2010 as the successor to MetaTrader 4 (MT4), it offers a wide array of advanced features, catering to both beginners and professionals.
While MT4 became a favorite among forex traders, MT5 expands its focus beyond forex trading, supporting various asset classes, including stocks, futures, commodities, and cryptocurrencies.
It also introduces more advanced tools for technical and fundamental analysis, along with improved execution speed, more order types, and a more flexible interface.
Choosing the right broker is crucial to making the most of the MT5 platform.
In this article, we will explore the best MetaTrader 5 firms available, focusing on real-world data, practical insights, and key features.
Whether you’re a beginner entering the trading world or an educated investor, this guide will help you understand which companies offer the best conditions for using MT5.
What is MetaTrader 5 (MT5)?
MT5 is the fifth version of the MetaTrader platform, designed for forex, stock, futures, and CFD trading.
It’s often praised for its multi-asset capability, offering access to various financial markets from a single platform.
While MT4 is still widely used, MT5 introduces a more comprehensive suite of features, including advanced charting tools, additional timeframes, a built-in economic calendar, and more order types like Buy Stop Limit and Sell Stop Limit.
MT5 also provides more flexibility for algorithmic trading.
The platform supports the use of Expert Advisors (EA) for automated trading strategies and enables traders to back test their strategies across multiple asset classes.
Key Features of MT5
| Feature | Description |
| Multi-asset support | Allows trading across different asset classes, including forex, stocks, commodities, and cryptocurrencies. |
| Timeframes | Provides 21 timeframes, compared to 9 in MT4, offering more flexibility for analysis. |
| Order types | Offers advanced order types such as Buy Stop Limit and Sell Stop Limit for better trade control. |
| Charting tools | Features more than 80 technical indicators, multiple charting options, and customizable layouts. |
| Execution speed | Optimized for faster trade execution and data processing, which is crucial for high-frequency traders. |
| Economic calendar | Built-in tool that helps people track major market-moving events without leaving the platform. |
These features make MT5 an ideal platform for those looking for more advanced capabilities and a multi-asset environment.
It also provides a highly flexible and customizable interface, making it easier for investors to tailor the platform to their individual trading strategies.
Who Should Use MT5?
MT5 is suitable for traders of all experience levels, though it’s particularly beneficial for those who want access to more than just forex markets.
Its multi-asset support makes it ideal for users looking to diversify their portfolios.
Additionally, experienced market participants who rely heavily on technical analysis and algorithmic trading will find MT5’s advanced features advantageous.
For beginners, MetaTrader 5 can also be a good choice, especially if they intend to explore multiple asset classes over time.
However, MT5’s array of tools and features can be overwhelming for absolute beginners.
How to Choose the Best MT5 Broker
When choosing an MT5 broker, there are several key factors that everybody should consider.
These factors can have a direct impact on trading performance, costs, and overall experience.
Here’s what you should look for:
Regulation
Regulation is a critical factor and regulated brokers are required to adhere to strict standards, which can include client fund protection, transparent operations, and fair dealing.
Choosing a company regulated by top-tier authorities like the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), or Cyprus Securities and Exchange Commission (CySEC) is always a safe bet.
Trading Costs
Trading costs are another major consideration.
These include spreads, commissions, and swaps (overnight fees).
While some brokers offer tight spreads but charge commissions, others may offer commission-free trading but with wider spreads.
Investors should evaluate the total cost of trading to determine which company provides the most cost-efficient option for their strategy.
IC Markets and Exness are known for their tight spreads and low commissions, which makes them suitable for users who are sensitive to trading costs.
Leverage
Leverage allows traders to control larger positions with a smaller amount of capital.
However, leverage also magnifies risk, so it’s important to choose a company that offers reasonable leverage based on your risk tolerance.
Firms like RoboForex, Exness, and JustMarkets are known for offering high leverage, which can be an advantage for those with smaller accounts but also increases the potential for higher losses.
Account Types
Most brokers offer different types of accounts to cater to various trading styles.
For instance, some brokerages provide Standard, Pro, and Raw Spread accounts, each with different conditions regarding spreads, commissions, and leverage.
Beginners may benefit from companies that offer cent accounts, like RoboForex, as they allow traders to trade smaller amounts while gaining real-world trading experience.
Customer Support
The quality of customer support can make a big difference in the trading experience.
It’s important to choose a broker that offers reliable and accessible customer service, especially during market hours.
XM, JustMarkets, and Exness offer 24/7 support via various channels, including live chat, phone, and email.
Top MT5 Brokers Reviewed
There are several MT5 brokers that stand out in the market due to their excellent trading conditions, customer service, and platform reliability.
Let’s take a closer look at some top brokers available today:
Exness
Exness is one of the most well-known and highly regarded brokers offering the MetaTrader 5 platform.
It was established in 2008 and has grown significantly over the years, providing a wide range of assets and trading conditions tailored for both beginners and seasoned investors.
Regulation and Security
Exness is regulated by multiple authorities, including the FCA, CySEC, and FSCA, ensuring high levels of security and transparency.
Traders using Exness can feel confident that their funds are protected and that the company operates with integrity.
Trading Conditions
Exness is known for offering highly competitive trading conditions, including spreads starting from 0.1 pips on major currency pairs and leverage up to 1:2000, depending on the jurisdiction and asset class.
Exness also offers 5 account types, including Standard, Pro, and Zero accounts, which cater to users with different experience levels and strategies.
Additional Features
One of Exness’s standout features is its fast execution speed, which makes it ideal for high-frequency traders.
The broker also offers access to more than 120 currency pairs, indices, commodities, and cryptocurrencies.
| Account Type | Features |
| Standard Account | Low minimum deposit, leverage up to 1:2000, spreads from 0.3 pips. |
| Pro Account | Faster execution, spreads from 0.1 pips, no commissions on forex trades. |
| Zero Account | Spreads starting from 0.0 pips, fixed commissions, ideal for scalpers and high-frequency traders. |
IC Markets
IC Markets is widely regarded as one of the top brokers for users using the MT5 platform, especially among day traders, scalpers, and algorithmic traders.
Established in 2007, IC Markets has built a solid reputation for offering tight spreads, fast execution, and a wide range of assets.
Regulation and Security
IC Markets is regulated by the ASIC and CySEC, ensuring high levels of transparency and security.
The company is also known for providing institutional-grade liquidity, which ensures that market participants benefit from competitive pricing and deep liquidity.
Trading Conditions
IC Markets is popular for offering some of the tightest spreads in the industry, starting from 0.0 pips on major forex pairs.
The firm also offers leverage up to 1:500 and has a minimum deposit requirement of $200.
This makes IC Markets a cost-effective option for both retail and professionals.
Additional Features
IC Markets provides several additional trading tools, including Autochartist and Trading Central, which help customers perform advanced technical analysis.
It also offers high-speed execution, thanks to its partnership with top-tier liquidity providers.
RoboForex
RoboForex is another popular broker that caters to both beginners and professionals.
The company offers 6 account types and provides access to a wide range of markets, including forex, stocks, commodities, and cryptocurrencies.
Regulation and Security
RoboForex is regulated by the IFSC in Belize, ensuring a basic level of transparency and security.
While this is not considered a top-tier regulator, RoboForex has a strong reputation for providing a safe trading environment and protecting client funds.
Trading Conditions
RoboForex offers highly competitive spreads, with major forex pairs starting from 0.3 pips.
It also provides leverage up to 1:2000, which is among the highest in the industry.
Additionally, RoboForex offers 7 account types, including cent accounts, which are ideal for beginners looking to trade smaller amounts.
Additional Features
RoboForex provides several additional trading tools, including VPS hosting, Copy FX (a copy trading platform), and access to the MetaTrader Market, where traders can purchase trading robots and indicators.
XM
XM is a global broker known for its excellent customer service, competitive trading conditions, and wide range of educational resources.
It offers full support for the MT5 platform and provides access to over 1,000 financial instruments.
Regulation and Security
XM is regulated by several top-tier authorities, including the FCA, CySEC, and ASIC.
This ensures that XM operates in a transparent and secure manner, giving clients peace of mind.
Trading Conditions
XM offers spreads starting from 0.6 pips on major forex pairs, and leverage up to 1:888.
The company also provides a wide range of account types, including Standard, Micro, and XM Ultra Low accounts, making it suitable for people of all experience levels.
Additional Features
In addition to MT5’s advanced tools, XM offers a wide array of educational resources, including webinars, tutorials, and market analysis.
These resources make XM an excellent choice for beginners who want to expand their skills.
JustMarkets
JustMarkets is a popular broker that provides access to a wide range of financial instruments, including forex, commodities, indices, and cryptocurrencies.
The company is known for its competitive trading conditions and excellent customer support.
Trading Conditions
JustMarkets offers spreads starting from 0.5 pips on major forex pairs and leverage up to 1:3000, which is among the highest available.
The firm also provides several account types, including Standard, Pro, and Raw Spread accounts, allowing customers to choose the account that best fits their needs.
Educational Resources
JustMarkets offers a range of educational tools, including tutorials, webinars, and market analysis.
These resources are designed to help beginners strengthen their skills and develop more effective trading strategies.
Customer Support
JustMarkets offers 24/7 support through live chat, phone, and email.
The support team is highly responsive, ensuring that clients can get assistance whenever they need it.
Comparison of Leading MetaTrader 5 Brokers
| Broker | Regulation | Spreads | Execution Speed | Account Types | Assets Offered | Customer Support | Deposit & Withdrawal Methods |
| Exness | FCA, CySEC, FSCA | From 0.1 pips | Fast | Standard, Pro, Zero | Forex, Cryptos, Commodities, Stocks | 24/7 Live Chat | Bank Transfer, Credit Card, eWallets |
| IC Markets | ASIC, CySEC | From 0.0 pips | Ultra-Fast | Standard, Raw Spread, cTrader | Forex, Stocks, Cryptos, Commodities | 24/7 Live Chat | Bank Transfer, PayPal, Credit Card |
| RoboForex | IFSC | From 0.3 pips | Fast | Cent, Standard, ECN | Forex, Stocks, Commodities, Indices | 24/5 Live Chat | Bank Transfer, Skrill, Neteller |
| XM | CySEC, ASIC, FCA | From 0.6 pips | Fast | Standard, Micro, XM Ultra Low | Forex, Stocks, Commodities, Indices | 24/5 Live Chat | Bank Transfer, Credit Card, eWallets |
| JustMarkets | FSA (Seychelles) | From 0.5 pips | Fast | Standard, Pro, Raw Spread | Forex, Indices, Cryptos, Commodities | 24/7 Live Chat | Bank Transfer, Credit Card, Cryptos |
| FBS | CySEC, IFSC | From 0.0 pips | Fast | Standard, Cent, ECN | Forex, Metals, Stocks, Cryptos | 24/5 Live Chat | Bank Transfer, Skrill, Neteller |
| Pepperstone | ASIC, FCA | From 0.0 pips | Ultra-Fast | Standard, Razor | Forex, Commodities, Cryptos, Shares | 24/5 Live Chat | Bank Transfer, PayPal, Credit Card |
| Tickmill | FCA, CySEC | From 0.0 pips | Fast | Classic, Pro, VIP | Forex, Indices, Commodities, Bonds | 24/5 Live Chat | Bank Transfer, Skrill, Neteller |
| Vantage | ASIC, CIMA | From 0.0 pips | Fast | Standard, Raw ECN, Pro ECN | Forex, Commodities, Indices, Shares | 24/5 Live Chat | Bank Transfer, Skrill, Neteller |
| LiteFinance | CySEC | From 0.1 pips | Fast | Classic, ECN | Forex, Cryptos, Commodities, Indices | 24/5 Live Chat | Bank Transfer, Skrill, Neteller |
| FXTM | FCA, CySEC | From 0.1 pips | Fast | Standard, ECN, Cent | Forex, Commodities, Stocks, Indices | 24/7 Live Chat | Bank Transfer, Skrill, Neteller |
| Deriv | MFSA, FSA | From 0.5 pips | Fast | Standard, Advanced | Forex, Cryptos, Indices, Commodities | 24/7 Live Chat | Bank Transfer, Cryptos, eWallets |
| Admirals | FCA, ASIC, CySEC | From 0.5 pips | Fast | Standard, Pro, Zero | Forex, Stocks, Commodities, ETFs | 24/5 Live Chat | Bank Transfer, PayPal, Credit Card |
| FXOpen | FCA, ASIC | From 0.0 pips | Fast | ECN, STP, Micro | Forex, Cryptos, Commodities, Stocks | 24/5 Live Chat | Bank Transfer, Skrill, Neteller |
| OctaFX | CySEC | From 0.4 pips | Fast | Standard, ECN | Forex, Commodities, Indices, Cryptos | 24/5 Live Chat | Bank Transfer, Skrill, Neteller |
| BDSwiss | CySEC, FSC | From 0.3 pips | Fast | Classic, VIP, Raw | Forex, Commodities, Stocks, Indices | 24/5 Live Chat | Bank Transfer, Credit Card, Skrill |
| Pepperstone | ASIC, FCA | From 0.0 pips | Ultra-Fast | Standard, Razor | Forex, Commodities, Cryptos, Shares | 24/5 Live Chat | Bank Transfer, PayPal, Credit Card |
| HYCM | FCA, CySEC | From 0.2 pips | Fast | Fixed, Classic, Raw | Forex, Stocks, Commodities, Cryptos | 24/5 Live Chat | Bank Transfer, Credit Card, Skrill |
| IronFX | FCA, ASIC | From 0.1 pips | Fast | Standard, Premium, VIP | Forex, Metals, Commodities, Indices | 24/5 Live Chat | Bank Transfer, Skrill, Neteller |
Conclusion
MetaTrader 5 is a highly versatile trading platform that provides a wide range of tools and features for clients of all experience levels.
Whether you are a beginner looking to explore different asset classes or an avid market participant relying on advanced technical analysis and algorithmic trading, MT5 offers a platform that can meet your needs.
When choosing a broker, it’s important to consider factors such as regulation, trading costs, leverage, account types, and customer support.
Exness, IC Markets, RoboForex, XM, and JustMarkets stand out for their excellent support for MetaTrader 5, offering competitive trading conditions, fast execution speeds, and a wide range of financial instruments.
By selecting the right company, you can make the most of the powerful features of MT5 and improve your chances of success in the financial markets.
Frequently Asked Questions
What is the difference between MT4 and MT5?
MT5 offers more advanced features, such as additional order types, more timeframes, and a built-in economic calendar. It also supports more asset classes compared to MT4.
Is MT5 suitable for beginners?
MetaTrader 5 can be used by beginners, but its advanced features may be overwhelming at first. It is better suited for experienced traders or those planning to trade multiple asset classes.
Can I use my MT4 account to log in to MT5?
No, MT4 and MT5 operate on different servers, and you cannot use an MT4 account on MT5. You will need to open a new account if you wish to use MetaTrader 5.
Which brokers offer MetaTrader 5?
Many reputable companies, including Exness, IC Markets, and XM, offer MT5 to their clients. Be sure to check the platform support before signing up.
Does MT5 allow automated trading?
Yes, MT5 supports automated trading through Expert Advisors and provides a robust strategy tester for backtesting.
Is MT5 faster than MT4?
Yes, MetaTrader 5 has a faster processing speed and allows for quicker trade execution and data loading.
Can I trade stocks and commodities on MetaTrader 5?
Yes, MT5 supports a wide range of asset classes, including forex, stocks, commodities, and cryptocurrencies.
Is it available on mobile devices?
Yes, MT5 is available on both iOS and Android, offering full functionality on mobile devices.
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Last updated: September 8, 2025
