MT5 Forex Brokers

MT5 Forex brokers are fx brokers that offer their clients the opportunity to trade through the MT5 pltform. The MetaTrader 5 (MT5) is the new and updated version of the industry leading tradng platform MT4. The company behind both projects, Metaquotes, has kept all of the positive features of the previous version and adding a few new and long awaited improvements.

The new MT5 platform got a brand new collection of candlestick time frames, that are now available for long term as well as short term traders. In addition, the economic calendar was directly integrated with the price charts and has small bookmarks on the time axis in the bottom. All of these new features of course can be filtered or fully removed from the calendar menu.

The MQL Marketplace is still available on the MT5 platform, but the old indicators and Expert Advisors which were developed for MT4 are no longer supported on the new platform. New and updated versions are being developed, but it will take some time until their volume reaches the old volumes of the MT4 platform.

At first, the MT5 platform was designed with the prospect of trading futures and stocks. Therefore, a trader was not able to have a long and a short position open at the same time (also known as “hedging”). However, as the platform evolved hedging became a prominent feature for forex traders. Forex brokers, at their discretion, may offer the opportunity to their clients to hedge certain instruments under certain trading conditions.

Here is also a list of MT4 forex brokers. But do keep in mind that, Metaquotes hinted it will eventually stop supporting the old MT4 platform as the MT5 platform is poised to dominate the financial markets.

 

Here is a list of brokers that offer forex trading on the MT5 platform

 

Rank
Broker
Regulation
Min. Deposit
Min. Spread
Start Trading
1
Fxtm
FCA, CySec, FSB
$5
0.1
Open Account
Review
2
Avatrade
CySec, FCA
$100
2.1
Open Account
3
Plus500
FCA, Cysec
$100

0.7
Open Account
4
Easymarkets
CySec, ASIC
$100

0.8
Open Account
5
24option
CySec
$100
2.1
Open Account
6
Markets.com
CySec,FSB
$100
1.7
Open Account
7
Etoro
CySec,FCA,ASIC
$200
0.6
Open Account
8
Ufx
CySec
$500
0.5
Open Account
9
Cityindex
FCA
$100
1.8
Open Account
10
Forex.com
FCA
$250
1.8
Open Account
11
Fxcm
FCA,ASIC,NFA
$100
1.4
Open Account
12
XM
FCA,CySec,ASIC
$100
2
Open Account
13
Exness
CySec,ASIC
$100
0.9
Open Account
14
Fbs
CySec,IFSC
$1
0.9
Open Account
15
Etx capital
FCA
$100
0.9
Open Account
16
FXPro
FCA,CySec
$100
0.7
Open Account
17
HYCM
FCA,CySec
$100
1.9
Open Account
18
IronFX
FCA,CySec
$100
2.2
Open Account
19
ATFX
FCA,CySec,ASIC
$100
0.8
Open Account
20
Alpari
FCA,CySec,IFSC
$100
0.3
Open Account
21
IQ Options
CySec
$100
1.2
Open Account
22
Libertex
CySec
$100
0.6
Open Account
23
AAA Trade
CySec
$100
0.5
Open Account
24
AETOS
CySec
$100
1
Open Account
25
Q8 trade
CMA
$100
1
Open Account