Best MT5 brokers – List of forex brokers offering Metatrader 5

Broker	Country	Rating	Min. Deposit	Website
	UK, EU, SA, Dubai	4.3/5	$5	Read the review
	Australia	4/5	$200	Read the review
	UK	4/5	n/a	Read the review
	Cyprus, UK, South Africa, Seychelles, British Virgin Islands	4/5	$10	Read the review
	Bulgaria	4/5	$500	Read the review
	UK	3.8/5	$100	Read the review
	Cyprus	3.6/5	$100	Read the review
	UK	3/5	$200	Read the review
	Malta	3/5	$5	Read the review
	Cyprus	3/5	€250	Read the review
	Cyprus	3/5	$50	Read the review
	Australia, Germany, Switzerland, Spain, Dubai, BVI, Cayman Islands	3/5	$50	Read the review
	Cyprus	3/5	$100	Read the review
	Seychelles	3/5	$5	Click for a special offerWebsite
	Cyprus	3/5	€200	Read the review
	Cyprus	3/5	$5	Read the review
	Australia	3/5	$0	Read the review
	Cyprus	3/5	$20 000	Read the review
	Seychelles	3/5	$25	Read the review
	Cyprus	2.9/5	$250	Read the review
	Indonesia	2.9/5	$10	Read the review
	Australia	2.9/5	$100	Read the review
	Cyprus	2.7/5	$500	Read the review
	Mauritius	2.6/5	$5	Read the review
	Cyprus	2.2/5	$250	Read the review
	SVG	2.1/5	$250	Read the review
	Belize, China	2/5	N/A	Read the review
	Saint Vincent and the Grenadines	2/5	$100	Read the review
	Cambodia	2/5	$100	Read the review
	Seychelles	2/5	$0	Read the review
	Seychelles	2/5	$100	Read the review
	SVG	2/5	$100	Read the review
	Montenegro	2..9/5	$1	Read the review
	Bahamas	2/5	$100	Read the review
	Mauritius	2/5	$1	Read the review
	South Africa	2/5	$1	Read the review
	Marshall Islands	1.9/5	$250	Read the review
	Georgia	1.9/5	N/A	Read the review
	SVG	1.9/5	$100	Read the review
	Vanuatu	1.9/5	$100	Read the review
	Vanuatu	1.9/5	$10	Read the review
	Mauritius	1.7/5	$250	Read the review
	SVG	1.5/5	$10	Read the review
	SVG	1.5/5	$100	Read the review
	Belize	1.5/5	$100	Read the review
	SVG	1.5/5	$250	Read the review
	SVG	1.5/5	$250	Read the review
	UK	1.5/5	N/A	Read the review
	UAE	1.5/5	$100	Read the review
	SVG	1.5/5	$0	Read the review
	SVG	1.4/5	$500	Read the review
	USA	1.3/5	$1000	Read the review
	N/A	1.3/5	N/A	Read the review
	SVG	1.3/5	$250	Read the review
	N/A	1.3/5	$250	Read the review
	UK	1.3/5	$100	Read the review
	UK	1.3/5	$500	Read the review
	UAE	1.3/5	$1000	Read the review
	Jordan	1.3/5	$50	Read the review
	Iraq	1.3/5	$100	Read the review
	SVG	1.2/5	$250	Read the review
	South Africa	1.2/5	$100	Read the review
	N/A	1.2/5	$5000	Read the review
	Vanuatu	1.2/5	$250	Read the review
	Seychelles	1.2/5	$500	Read the review
	UK	1.2/5	$10	Read the review
	SVG	1.2/5	$10	Read the review
	Marshall Islands	1.2/5	$500	Read the review
	Estonia	1.2/5	$250	Read the review
	SVG	1.2/5	$10	Read the review
	Vanuatu	1.2/5	N/A	Read the review
	SVG	1.2/5	$250	Read the review
	Marshall Islands	1.2/5	$250	Read the review
	Marshall Islands	1.2/5	$250	Read the review
	SVG	1.2/5	$1000	Read the review
	N/A	1.2/5	N/A	Read the review
	Marshall Islands	1.2/5	$5	Read the review
	South Africa	1.2/5	$150	Read the review
	SVG	1.2/5	N/A	Read the review
	Belize, SVG	1.2/5	$15	Read the review
	N/A	1.1/5	$100	Read the review
	Seychelles	1.1/5	$200	Read the review
	Marshall islands	1.1/5	$250	Read the review
	SVG	1.1/5	$250	Read the review
	Vanuatu	1/5	-	Read the review
	SVG	1/5	$200	Read the review
	Hong Kong	1/5	$1	Read the review
	Vanuatu	1/5	$500	Read the review
	Bulgaria, Marshall Islands	1/5	$200	Read the review
	N/A	1/5	$250	Read the review
	SVG	1/5	$100	Read the review
	Hong Kong, Russia	1/5	$1000	Read the review
	US	1/5	$500	Read the review
	UK	1/5	$10	Read the review
	SVG	1/5	$500	Read the review
	SVG	1/5	$100	Read the review
	UK	1/5	$500	Read the review
	Belize	1/5	$500	Read the review
	Seychelles	1/5	$5000	Read the review
	UK	1/5	N/A	Read the review
	Hong Kong	1/5	N/A	Read the review
	SVG	1/5	$250	Read the review
	Georgia	1/5	$10	Read the review
	Vanuatu	1/5	$500	Read the review
	Marshal Islands	1/5	n/a	Read the review
	UK	1/5	$100	Read the review
	USA	1/5	$250	Read the review
	UK	1/5	$500	Read the review
	South Africa	1/5	$100	Read the review
	SVG	1/5	N/A	Read the review
	Marshall Islands	1/5	$500	Read the review
	SVG	1/5	$100	Read the review
	Vanuatu	1/5	$200	Read the review
	SVG	1/5	$1	Read the review
	Marshall Islands	1/5	$500	Read the review
	UK	1/5	$500	Read the review
	Seychelles	1/5	$50	Read the review
	SVG	1/5	$100	Read the review
	n/a	1/5	$5000	Read the review
	Vanuatu	1./5	N/A	Read the review
	UK	1/5	$2000	Read the review
	UAE	1/5	$5000	Read the review
	SVG	1/5	$10	Read the review
	Marshall Islands	1/5	$100	Read the review
	UK	1/5	n/a	Read the review
	UK	1/5	$250	Read the review
	Vanuatu	1/5	$1	Read the review
	SVG	1/5	$250	Read the review
	Dominica	1/5	$250	Read the review
	SVG	1/5	$50	Read the review
	Austria	1/5	$500	Read the review
	Dubai	1/5	$100	Read the review
	New Zealand	1/5	$50	Read the review
	SVG	1/5	$500	Read the review
	Seychelles	1/5	50	Read the review
	Australia	1/5	€500	Read the review
	UK/ Denmark/ SVG	1/5	$250	Read the review
	SVG/ UK	1/5	$200	Read the review
	SVG	1/5	N/A	Read the review
	BVI	1/5	$300	Read the review
	Mauritius	1 /5	N/A	Read the review
	SVG	1/5	250	Read the review
	Vanuatu	1/5	$500	Read the review
	SVG	1/5	$250	Read the review
	SVG	1/5	5000	Read the review
	SVG	1/5	$100	Read the review
	N/A	1/5	N/A	Read the review
	-	1/5	$1,000	Read the review
	N/A	1/5	$100	Read the review
	UK	1/5	$10	Read the review
	UK	1/5	$100	Read the review
	Marshall Islands	1/5	$250	Read the review
	UK	1/5	N/A	Read the review
	SVG	1/5	$100	Read the review
	SVG	1/5	N/A	Read the review
	UK	1/5	$1	Read the review
	Malta	1/5	$500	Read the review
	Australia	1/5	N/A	Read the review
	UK	1/5	$100	Read the review
	SVG	1/5	$50	Read the review
	N/A	1/5	$250	Read the review
	SVG	1/5	$2500	Read the review
	SVG	1/5	$100	Read the review
	SVG	1/5	$1000	Read the review
	Seychelles	1/5	$10	Read the review
	N/A	1/5	N/A	Read the review
	UK	1/5	$1000	Read the review
	N/A	1/5	$100	Read the review
	UK	1/5	$100	Read the review
	SVG	1/5	$50	Read the review
	UK	1/5	$100	Read the review
	UK	1/5	$1	Read the review
	Hong Kong	1/5	N/A	Read the review
	Marshall Islands	1/5	0	Read the review
	Belize, SVG	1/5	N/A	Read the review
	SVG	1/5	$99	Read the review
	Luxembourg	1/5	$250	Read the review
	UK, SVG	1/5	$10	Read the review
	SVG, Australia, Canada	1/5	$100	Read the review
	SVG	1/5	$50	Read the review
	Australia	1/5	N/A	Read the review
	SVG, Malaysia, HK	1/5	$500	Read the review
	Canada	1/5	N/A	Read the review
	N/A	1/5	N/A	Read the review
	N/A	1/5	$200	Read the review
	SVG	1/5	$200	Read the review
	Belize	1/5	$10	Read the review
	UK	1/5	$5	Read the review
	UK	1/5	$1000	Read the review
	Unknown	1/5	$1	Click for a special offerWebsite
	SVG	1/5	$50	Click for a special offerWebsite
	Unknown	1/5	$250	Click for a special offerWebsite
	SVG	1/5	€500	Read the review
	Unknown	1/5	$50	Click for a special offerWebsite
	Unknown	1/5	$100	Click for a special offerWebsite
	Unknown	1/5	$5000	Click for a special offerWebsite
	SVG	1/5	$100	Read the review
	Unknown	1/5	$10	Click for a special offerWebsite
	UK	1/5	$50	Read the review
	Unknown	1/5	N/A	Click for a special offerWebsite
	SVG	1/5	N/A	Read the review
	N/A	1/5	$100	Read the review
	Unknown	1/5	$250	Click for a special offerWebsite
	Nigeria	1/5	$50	Read the review
	SVG	1/5	$100	Click for a special offerWebsite
	Unknown	1/5	N/A	Click for a special offerWebsite
	Unknown	1/5	N/A	Click for a special offerWebsite
	Dominica	1/5	$250	Click for a special offerWebsite
	Unknown	1/5	N/A	Click for a special offerWebsite
	SVG	1/5	N/A	Click for a special offerWebsite
	Unknown	1/5	N/A	Click for a special offerWebsite
	SVG	1/5	N/A	Click for a special offerWebsite
	SVG	1/5	$250	Click for a special offerWebsite
	N/A	1/5	$1000	Read the review
	N/A	1/5	N/A	Read the review
	N/A	1/5	$10	Read the review
	HK	1/5	$5000	Read the review
	UK	1/5	$100	Read the review
	UK, Australia	1/5	N/A	Read the review
	Seychelles	1/5	N/A	Read the review
	N/A	1/5	$100	Read the review
	SVG	1/5	$250	Read the review
	SVG	1/5	100 AUD	Read the review
	Vanuatu, Honduras	1/5	$100	Read the review
	N/A	1/5	$250	Read the review
	N/A	1/5	$5	Read the review
	USA	1/5	N/A	Read the review
	UK	1/5	N/A	Read the review
	SVG	1/5	-	Read the review
	Mauritius	1/5	N/A	Read the review
	UK	1/5	$100	Read the review
	Seychelles	1/5	$5	Read the review
	UK	1/5	$100	Read the review
	Malaysia	1/5	N/A	Read the review
	SVG	1/5	$100	Read the review
	Mauritius	1/5	$100	Read the review
	Mauritius	1/5	$500	Read the review
	SVG	1/5	$10	Read the review
	Australia	1/5	$50	Read the review
	Vanuatu	-	$500	Read the review

When choosing a forex broker, the software provided is a key factor. MetaTrader 5 is a popular multi-asset platform for trading forex, exchange instruments and futures. Actually, it is a newer and improved version of the industry leader MT4, which was released in 2010.

The MT5 has kept most of the well-familiar features of its predecessor. It has the same great charting package and support for technical analysis indicators and automated trading systems (EAs) as its predecessor. Unfortunately, the MT4 and MT5 do not run using the same programming languages. Therefore, experts that are coded to work on the MT4 will not function on the MT5 – they have to be re-written (or converted).

On the other hand, the main advantage of MetaTrader 5 over MT4 is the fact that it enables traders to execute trades on different financial markets (including exchange-traded stocks) through a single account. In addition, MT5’s execution is faster and after the hedging option was added to it in 2016, among other enhancements, it gained popularity both among forex traders and brokers. Metaquotes has actually made a number of significant changes to the functionality of the MT5, giving it certain advantages over the MT4, as the company is trying to outphase the latter. The company is pushing hard for traders and brokers to adopt MT5. Here are some of the key features of this platform and advantages over the MT4.

Key features:

• More Instruments (stocks and futures)
• Advanced market depth feature (with a tick chart and Time & Sales information)
• New & improved back-tester (which allows faster and simultaneous multi-currency pair back testing)
• Additional order types (“Buy Stop Limit” and “Sell Stop Limit”)
• Supports both the traditional netting and hedging options
• More indicators (80+)

In addition to the desktop and mobile versions, the MetaTrader 5 is available on the web and can be accessed from any device.

Unfortunately, as of September 2022, MetaTrader 5 is not available for download on Apple AppStore. Apple pulled out both MT5 and its predecessor MT4 because neither of the platforms was in compliance with the current App Store Review Guidelines. This will not affect current users of the software but has resulted in significant losses for its creators, the Cypriot-based company MetaQuotes. This ban will surely have further consequences on the forex industry since these two platforms are immensely popular with literally millions of traders relying on them (MT5 currently has more than 10 million downloads and 385 000 reviews on Android PlayStore). As of October 2022, MetaQuotes is reportedly in contact with Apple and trying to solve the issue.

Latest news about Metatrader 5