Trading forex and CFDs carries high risk. Information is educational, not advice.
The newer MetaTrader

Best MT5 Forex Brokers

MetaTrader 5 adds more order types, deeper history and extra assets over MT4. These brokers offer a full MT5 experience with hedging and netting modes.

Our top picks

Ranked by our editorial methodology — not by who pays us.

1
FXTM ★★★★★ 4.9/5
Min deposit$5
SpreadFrom 0.1 Pip
Leverage1:1000
PlatformsMT5
2
RoboForex ★★★★★ 4.7/5
Min deposit$10
Spreadfrom 0.0 for Pro-accounts (average is 0.8) and 2 pips for Fix-accounts on EUR/USD
Leverage1:2000
PlatformsMT4, MT5, WebTrader
3
easyMarkets ★★★★☆ 4.4/5
Min deposit$25
Spread0.1 Pip
Leverage1:400
PlatformsMT4, MT5, WebTrader
4
LiteFinance ★★★★☆ 4.3/5
Min deposit$10
Spread0.8 pips
Leverage1:1000
PlatformsMT5
5
InstaForex ★★★☆☆ 2.9/5
Min deposit$1
Spread2 pips on EUR/USD
Leverage1:1000
PlatformsMT4, MT5, WebTrader

Want the full picture? Compare all 25 brokers side-by-side →

Why we picked these

  • Filtered to brokers that support MetaTrader 5.
  • Ranked by editorial score, then regulation strength.
  • MT5's extra timeframes, indicators and Economic Calendar suit traders who outgrow MT4.

Frequently asked questions

MT4 or MT5 — which should I pick?

If your indicators and EAs are MT4-only, stay on MT4. MT5 is more capable but not backward-compatible, so existing MT4 tools will not load.

Can I use MT5 and MT4 at the same broker?

Often yes, but they are usually separate accounts with separate logins. Check before you commit.

Does MT5 mean more markets?

Typically yes — many MT5 brokers add stocks, futures and more instruments beyond forex and CFDs.