Looking for Best MT5 Forex Brokers? Not sure who is truly regulated and legit Forex Broker offering MT5 MetaTrader5 trading platform? Or which Broker is suitable and best for you?

We provide answers to all the questions in this article. We researched and compared all Forex brokers with MT5 and check their regulation status, spread & commission, the time for deposit & withdrawal and many more findings.

What is MetaTrader5 (MT5)

MT5 or MetaTrader5 is a trading platform and a market leading software widely used worldwide. MT5 is a newer generation of famous MetaTrader4 developed by MetaQuotes and is updated with newest features based on MQL5 and great for algorithmic trading via Expert Advisors EAs and has numerous Mt5 indicators, add-ons and plugins.

Many brokers still mainstay on MT4 due to its popularity and do not offer MT5, yet MT5 is very growing in demand due to its powerful capabilities. Read MetaTrader Wikipedia and check official website MetaTrader5.

MT5 Forex Brokers
MT5 Forex Brokers

Best MT5 Brokers

To select the Best Brokers that work with MetaTrader5 we research and compare only well-Regulated and trusted Forex Brokers that have MT5 platform and review details of license, spread and commission, deposits and withdrawals time, education and customer service. Here is our List of Top MT5 Forex Brokers by category:

  • GO Markets – Best MT5 for Beginners
  • ThinkMarkets – Best Cryptocurrency MT5 Broker
  • FXTM – Best ECN Forex Brokers with MT5
  • Admiral Markets – Best MT5 Broker with Lowest spreads  
  • Forex.com – Best US MT5 Forex Broker 

What makes a good MT5 Broker?

You should check 4 points that makes broker a good MT5 Forex Broker, compare licenses, trading conditions, account offering and markets or platforms you may need.  

  • Must be licensed by the reputable authority like FCA in the UK, ASIC in Australia or MAS in Singapore for traders funds safety
  • Offer MT5 MetaTrader platform and suitable for you account type with no restriction on strategies including run of EAs
  • Provide good range of trading instruments and tools with trading costs are low
  • Run quality Customer Service and provide education to solve traders issues

Top Brokers with MetaTrader5 List & Review

Here we made a list of Brokers for MT5 platform trading that are regulated and considered safe. In addition to the top 5 best brokers for MetaTrder5 mentioned above here is our List and Forex Broker Comparison:

Forex BrokerMT5 BrokerWhy they are our top picksOur Review
GO MarketsYesIf you are beginning trader wish to use popular MetaTarder5 or looking for Forex Brokers MT5 investment robot on EAs – GO Markets might be your choice. EAs are included with no restrictions, plus GO Markets has different accounts and powerful tools great for beginners like MT4 Genesis, a-Quant strategies, with education courses and good support.  Visit GO Markets site

GO Markets Review
Admiral MarketsYesLooking for Forex Brokers with lowest spreads with MT5 and PayPal Forex Brokers – check Admiral Markets. Admiral Markets EUR/USD spread averages at 0.6 which is much lower than average 1.2 on other brokers plus its proposal is very wide with MT5 or MT4 platforms, fixed or floating spreads proposal also suitable for beginners.Visit Admiral Markets site

Admiral Markets review
ThinkMarketsYesThinkMarkets might be the best MT5 Forex brokers to trade Bitcoin Cryptocurrency. There are various Cryptos available fo trading and we found lowest spread for MT5 platform for Bitcoin ThinkMarkets only 30.08 while average Bitcoin is around 73.Visit ThinkMarkets site

ThinkMarkets Review
Interactive BrokersYesInteractiveBrokers should be the best for professional traders and is Forex Futures trading brokers using MT5. IB has great trading software with powerful tools and analysis, is one of the largest Brokers with great instruments proposal plus is among low costs ECN brokers in US.Visit InteractiveBrokers site  

Interactive Brokers
FXTMYesFXTM might be the best fit if you are looking for MT5 ECN Broker list. FXTM offers 3 ECN accounts – ECN account, ECN Zero account & ECN Pro account, and a choice for Forex Broker ECN MT4 and MT5 platforms and great education section.Visit FXTM site

FXTM review
IC MarketsYesIC Markets might be your good for platform selection also for copy trading via ZuluTrade. IC Markets providing MT4, MT5 and cTrader also you get extra tools like Correlation Matrix, Chart Trading, PAMM and MAM accounts.Visit IC Markets site  

IC Markets Review
Forex.comYesForex.com is among two MT5 brokers US and one of largest Forex Brokers with MT5. Forex.com has both MT4 and MT5 platform with extra tools like VPS and great analysis, also Forex.com is a part of a large financial holding with a good standing and reputation.Visit Forex.com site  

Forex.com Review

More on MT5 Forex Brokers

To get started with Forex Brokers using MT5 platform it is better to navigate and narrow categories to select broker that offer your trading need also available at you region. Here we answer some common questions and compare Forex Broker Reviews.

US Forex Brokers MT5

All US Forex Brokers MT5 platform that are located in the United States provide good trading conditions and regulated environment. One of the largest MT5 American Forex brokers is Interactive Brokers, also Forex.com

MT5 UK Brokers

UK Forex Brokers supporting MT5 including some of the largest Forex brokers like Forex.com or FXTM.

MT5 Australia Forex Brokers

Australia brokers that support MT5 are ThinkMarkets and Pepperstone.

South Africa MT5 Forex Brokers

Brokers in South Africa or those regulated brokers that accept South Africa traders and offer MetaTrader5 platform including FP markets and FXTM.

Author of this review

By Jimmy O'Brien

Author of this review

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

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