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The best MetaTrader 5 brokers

The regulated brokers that offer MetaTrader 5, ranked using our 40-criteria methodology.

MetaTrader 5 is the second generation of MetaTrader, launched by MetaQuotes in 2010. The platform was designed for multi-asset trading: forex, CFDs, futures and stocks. Compared with MT4, it offers 21 timeframes instead of 9, a built-in economic calendar, market depth (DOM), more order types and a more modern programming language, MQL5.

Among the regulated brokers in our comparison, eight offer MetaTrader 5: AvaTrade, FOREX.com, FP Markets, XM, Eightcap, Axi, Vantage and BlackBull. Note that MT5 is not backward compatible with robots (Expert Advisors) and indicators written in MQL4. Traders who use existing automated strategies therefore need to rewrite them or keep MetaTrader 4 alongside.

We rate each broker on 40 criteria grouped into 5 pillars: regulation, fees, platforms, instruments and customer service. The ranking below applies our public methodology.

Which brokers offer MetaTrader 5?

8 brokers in our comparison offer MetaTrader 5, ranked by overall rating. Availability can vary by country and by the group entity that opens your account.

  1. 1

    AvaTrade

    9.6/10
    • Regulated on 6 continents
    • $100 minimum deposit
    • Forex options with AvaOptions
    Visit AvaTrade Read review
  2. 2

    FOREX.com

    9.5/10
    • Owned by StoneX (Nasdaq: SNEX)
    • Regulated by the CFTC, NFA and FCA
    • Native TradingView integration
    Visit FOREX.com Read review
  3. 3

    FP Markets

    9.4/10
    • Raw spreads from 0.0 pip
    • MT4, MT5, cTrader and TradingView
    • ASIC and CySEC regulated
    Visit FP Markets Read review
  4. 4

    XM

    9.2/10
    • $5 minimum deposit
    • Micro accounts for small positions
    • Support in 30+ languages
    Visit XM Read review
  5. 5

    Eightcap

    9.1/10
    • Strong TradingView integration
    • Raw spreads from 0.0 pip
    • Regulated by ASIC and the FCA
    Visit Eightcap Read review
  6. 6

    Axi

    9.0/10
    • No minimum deposit
    • Regulated by ASIC, the FCA and the DFSA
    • Axi Copy and Axi Select programs
    Visit Axi Read review
  7. 7

    Vantage

    8.9/10
    • MT4, MT5, TradingView and ProTrader
    • Raw ECN spreads from 0.0 pip
    • Copy trading built in
    Visit Vantage Read review
  8. 8

    BlackBull

    8.8/10
    • No minimum deposit on ECN Standard
    • MT4, MT5, cTrader and TradingView
    • 26,000+ instruments
    Visit BlackBull Read review

Ranking updated on , based on our public 40-criteria methodology.

What does MetaTrader 5 offer?

21 timeframes and built-in DOM

Finer technical analysis and visibility on market depth for active traders.

Native multi-asset trading

Trade forex, CFDs, indices, commodities and stocks from a single interface.

MQL5 language

Object-oriented robots and indicators, with an extended standard library.

Built-in economic calendar

Follow economic releases without leaving the platform.

Frequently asked questions

No, the two coexist. MT5 targets multi-asset trading and traders looking for advanced features. MT4 remains widespread for forex-only trading and for its vast ecosystem of MQL4 Expert Advisors.

No. MQL4 and MQL5 are not compatible. Robots and indicators must be rewritten or bought in an MT5 version.

Among the regulated brokers in our comparison, AvaTrade, FOREX.com, FP Markets, XM, Eightcap, Axi, Vantage and BlackBull offer MT5. Availability can vary by country and by the entity that opens your account: always check the broker's official platforms page.

Compare brokers side by side

Fees, platforms, regulation and instruments of the brokers we review, on a single page.

Open the comparison tool Read our methodology