In this article, you will find the MetaTrader 5 brokers list that has been carefully selected to suit all trading styles.
Metatrader 5 is called the best solution for organizing brokerage business in the financial markets.
It’s a full-cycle platform that covers everything a business could need to deliver comprehensive brokerage services without the need for extra software.
This is why many brokers make this available to their clients. Let’s dive in to learn more.
- MT5 APP
- METATRADER 5 BROKERS LIST
- METATRADER 5 BROKER REVIEW
- BEST METATRADER 5 BROKERS
- METATRADER 5 MINIMUM DEPOSIT
- IS METATRADER 5 LEGIT?
- MT4 BROKERS LIST
- METATRADER 5 BROKERS UK
- BEST BROKER FOR METATRADER 5 USA
- WHICH BROKER IS BEST FOR MT5?
- WHAT BROKER SHOULD I USE FOR META TRADER?
- IS META TRADER 5 A BROKER?
- HOW DO I FIND A BROKER ON METATRADER 5?
MT5 APP
MT5 app is a mobile trading platform for forex and stock markets. It allows traders to invest in stocks and trade currencies using MetaTrader 5.
Real-time quotations, financial news, FX and stock charts, technical analysis, and online trading are all available on your MT5.
Demo accounts are available for free. You can download the MT5 app on Google Play Store and Apple Store.
READ ALSO: MT4 OR MT5 FOR BEGINNERS
METATRADER 5 BROKERS LIST
Below are MetaTrader 5 brokers list that is popular among traders:
| BROKER | PLATFORMS | YEAR |
| XM | MetaTrader4, MetaTrader5, XM Webtrader | 2009 |
| FXTM | MetaTrader4, MetaTrader5, MT4 MultiTerminal, WebTrader | 2011 |
| FxPro | MetaTrader4, MetaTrader5, cTrader, FxPro Edge | 2006 |
| HFM | MetaTrader4, MetaTrader5, Mobile Trading, iPhone, iPad, Android, WebTrader, FIX/API | 2010 |
| Legacyfx | MetaTrader5 | 2012 |
| Pepperstone | MetaTrader4, MetaTrader5, cTrader, TradingView | 2010 |
| FP markets | MetaTrader4, MetaTrader5, WebTrader, Iress | 2005 |
| FBS | MetaTrader 4, MetaTrader 5, MetaTrader Mobile, Online FBS MT4/5 WebTrader, MultiTerminal, FBS Trader | 2009 |
| Avatrade | MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader, AvaTradeGO, AvaSocial | 2006 |
| Roboforex | MetaTrader4, MetaTrader5, cTrader, R WebTrader, R MobileTrader, R StocksTrader | 2009 |
| Exness | MetaTrader4, MetaTrader5 | 2008 |
| Litefores | MetaTrader4, MetaTrader5, Sirix | 2005 |
| Fxopen | MetaTrader4, MetaTrader5, WebTrader | 2003 |
| BROKER | PLATFORMS | REGULATION |
| XM | MetaTrader4, MetaTrader5, XM Webtrader | ASIC, CySEC, IFSC |
| FXTM | MetaTrader4, MetaTrader5, MT4 MultiTerminal, WebTrader | CySEC, FCA, IFSC |
| FxPro | MetaTrader4, MetaTrader5, cTrader, FxPro Edge | CySEC, FCA, FSCA, SCB |
| HFM | MetaTrader4, MetaTrader5, Mobile Trading, iPhone, iPad, Android, WebTrader, FIX/API | CySEC, FSC, FSB, FCA, BaFin, DFSA |
| Legacyfx | MetaTrader5 | VFSC, CySEC, NBRB, BaFin, FCA, FSP |
| Pepperstone | MetaTrader4, MetaTrader5, cTrader, TradingView | CYSEC, BAFIN, CMA, SCB, DFSA, ASIC, FCA |
| FP markets | MetaTrader4, MetaTrader5, WebTrader, Iress | ASIC, CySEC |
| FBS | MetaTrader 4, MetaTrader 5, MetaTrader Mobile, Online FBS MT4/5 WebTrader, MultiTerminal, FBS Trader | IFSC, CySEC, ASIC, FSCA |
| Avatrade | MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader, AvaTradeGO, AvaSocial | MiFiD, CBI, FSA, ASIC, SFB, BVI, ADGM, FSRA, CySEC |
| Roboforex | MetaTrader4, MetaTrader5, cTrader, R WebTrader, R MobileTrader, R StocksTrader | FSC |
| Exness | MetaTrader4, MetaTrader5 | CySEC, FCA |
| Litefores | MetaTrader4, MetaTrader5, Sirix | RMI BCA |
| Fxopen | MetaTrader4, MetaTrader5, WebTrader | FCA, ASIC, FC |
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METATRADER 5 BROKER REVIEW
The most recent version of the well-known and commonly used forex trading platform is MetaTrader 5.
Many forex traders around the world have been using it since its beta release, and we want to take advantage of this opportunity to test the exciting new forex trading software by creating a MetaTrader 5 review that focuses on how relevant and valuable MT5 is to a trader.
Overall, the appearance and interface are comparable to the previous edition, which is a wonderful decision given the popularity of MetaTrader 4 because of its versatility and ease of use.
In this post, three important characteristics will be highlighted.
- Interface
- Indicators
- Advanced functions
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MT5(MetaTrader 5) INTERFACE
The interface is focused on the main window, where you may view many forex price action graphs at once or focus on a single huge panel to trade your favorite pair with simplicity.
You will find that some of the icons on the new MT5 are similar to the MT4 version.
After using the MT5 software I noticed that it is much faster and more responsive in my opinion.
However, MT4 is doing just fine in terms of trading.
Managing numerous accounts with MT5 is easier than ever before.
The Navigator’s new account pane allows you to quickly switch between accounts and apply different trading styles to different accounts with minimal delay. This wasn’t the case with MT4.
MT5 INDICATORS
Forex indicators have been grouped into four divisions in the new MetaTrader 5: “Trend,” “Oscillators,” “Volumes,” and “Bill Williams.”
The custom indicator is another category where traders can store their generated or purchased indicators.
Several new indicators in MT5 are not available in MT4 software, such as the triple exponential moving average, a double exponential moving average, Market Facilitation Index, and others.
There are seven new indicators in all. This new indicator can be used by traders and investors to improve market analysis and risk management.
With the growth in technology, many traders and investors are beginning to add robots to their trading live accounts. This is where the advanced functions of Meta Trader 5 come in.
ADVANCED FUNCTIONS
The new version of the MT5 script is reliable, this new version fixes earlier faults and errors while also improving and condensing the language to make it more efficient and user-friendly.
The pre-made chart-in-chart style is now featured in the Expert Advisor, allowing for more in-depth analysis especially for technical traders to test their scripted strategy.
PURPOSE OF METATRADER 5 API
- Report API expands the reports that are produced by the MetaTrader 5 trade servers.
- Server API can help you add more functions to MetaTrader 5 Trade Server and MetaTrader 5 History Server.
- Gateway API is used for MetaTrader 5 integration with other trading systems and the creation of custom data feeds.
- Manager API allows you to develop custom administration and management utilities, or even your manager terminal.
- Web API is used for platform integration with web resources and other services of the company.
QUICK SUMMARY OF ALL THE FEATURES OF META TRADER 5
- Trading currencies and stocks anywhere in the world 24/7
- Built-in market analysis tools: 30 technical indicators and 24 analytical objects
- Full-featured trading system with Market Depth and all types of trade execution
- Netting and hedging position accounting systems
- Full set of trade orders, including pending and stop orders
- 3 chart types and 9 timeframes
- Built-in chat, financial news, alerts, and push notifications
- Extended version for iPad
In summary, the MT5 version was able to meet user expectations, solving all challenges of the MT4 version and even more.
The response of the MT5 is superb and it’s highly recommended that you try it.
BEST METATRADER 5 BROKERS
There are numerous good Metatrader 5 brokers; nonetheless, you will have to choose one to employ for your trading.
In my years of trading, I’ve used a variety of Metatrader 5 brokers and have concluded that XM is the best Metatrader 5 broker, and this is why.
The XM MT5 combines all of the groundbreaking capabilities of the XM MT4 with 1000 CFDs on stocks (Shares), making it the ideal multi-asset platform.
Trade Forex and CFDs on stocks, cryptocurrencies, and gold, oil, and equity indices on a single platform with no requotes or rejections and leverage up to 888:1.
XM MT5 FEATURES
- Over 1000 Instruments, including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Cryptocurrencies, CFDs on Precious Metals, and CFDs on Energies.
- 1 Single Login to 7 Platforms
- Spreads as low as 0.6 pips
- Full EA Functionality
- One-Click Trading
- All Order Types Supported
- Over 80 Technical Analysis Objects
- Market Depth of Latest Price Quotes
- Hedging Allowed.
MAIN FEATURES ON XM MT5
- A multi-asset platform for over 1000 instruments
- Ability to display 100 charts simultaneously
- Supports all order types, including market, pending, stop orders, and trailing stop
- Over 80 Technical Indicators and over 40 Analytical Objects
- Superior built-in MQL5 development environment
- Mobile trading for Android & IOS
- Web trading for Windows, Mac, and Linux operating systems
- Internal mailing system
- Multi-currency tester and alerts.
METATRADER 5 MINIMUM DEPOSIT
Meta Trader 5 is multi-asset trading software; the minimum deposit is decided by the broker you choose.
Because the broker is in charge of all funding and withdrawals, and your funds are held in their bank account.
IS METATRADER 5 LEGIT?
Yes, it is legit. I believe his query was posed by a newcomer to the forex trading industry. MetaTrader 5 is a well-known and trusted trading platform.
Millions of traders throughout the world rely on it. The company was established in the year 2000 and is headquartered in Cyprus.
MT4 BROKERS LIST
Many leading brokers offer MT4 to their clients.
Here are a few of them:
- XM
- FXTM
- Forex.com
- Admiral markets
- IG market
- Oanda
- FXpro
- IC markets
- InstaForex
- Exness
- Roboforex
- FBS
- HANTEC
- Deriv
- XTB
- AvaTrade
- Tickmill
- Pepperstone
And more.
METATRADER 5 BROKERS UK
A rising number of brokers support MT5, giving traders more options for trading platforms.
Because of the multi-asset nature of Metatrader 5, clients who desire a seamless trading experience are increasingly choosing MT5 brokers, which include traders in the United Kingdom.
The following are MetaTrader 5 broker UK:
- XM
- IC markets
- Pepperstone
- FP Markets
- FXPro
- Admirals
- Tickmill
- HF markets
- see more forex mt5 brokers.
BEST BROKER FOR METATRADER 5 USA
Metatrader 5 is not accessible to US clients at the time of writing this article, but it is available to international clients.
Nonetheless, the best broker for MetaTrader 5 USA goes to forex.com
Other USA brokers that offer MetaTrader 5 are:
- IG markets
- Oanda
WHICH BROKER IS BEST FOR MT5?
The best broker for MT5 is XMXM for many reasons below:
1) Over 1000 Instruments, including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Cryptocurrencies, CFDs on Precious Metals, and CFDs on Energies.
2) 1 Single Login to 7 Platforms.
3) Spreads as low as 0.6 pips.
4) Full EA Functionality.
5) One-Click Trading.
6) All Order Types Supported.
7) Over 80 Technical Analysis Objects.
8) Market Depth of Latest Price Quotes.
9) Hedging Allowed
WHAT BROKER SHOULD I USE FOR META TRADER?
You should use XM as your broker, they have good offers for new clients both on MT4 and MT5 and their spread is super low.
IS META TRADER 5 A BROKER?
No, MetaTrader 5 is a multi-asset platform that allows you to trade Forex, equities, and futures. It is not a broker.
HOW DO I FIND A BROKER ON METATRADER 5?
When looking for a broker on Metatrader 5, make sure the broker’s offer matches or complements your trading style.
I recommend Xm since its MetaTrader 5 capabilities are suitable for a wide range of trading techniques.