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Our 2 top picks for Compare MT5
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

Markets.com
- Strong tier-1 regulation (FCA, CySEC, ASIC)
- Easy-to-use Marketsx platform with sentiment tools
- Investment Strategy Builder & 'Blends'

Pepperstone
- Top-tier liquidity with frequent 0.0 pip spreads
- Exceptional platform choice including TradingView and cTrader
- Award-winning 24/5 customer support
Why these two
Both brokers are shortlisted specifically for Compare MT5, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
What are the best mt5 brokers in 2026?
How we compare mt5 brokers
MetaTrader 5 adds more timeframes, a built-in economic calendar, and faster multi-asset execution. Our current ranking starts with Markets.com where it is available, followed by Pepperstone, VT Markets, and Exness. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
How these brokers compare
12 brokers · how we rank
Side-by-side ranking of the best mt5 brokers in 2026.
| Broker | Withdrawal | Why This Broker | Execution Type | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|
![]() | 0.6 pips | $100 | 1-2 business days | #4 pick for mt5: Beginner-to-intermediate multi-asset CFD traders who value research tools. | Market Execution | FCA (UK)CySEC (Cyprus)ASIC (Australia) | |
![]() | 0.0 pips (Razor) | 1.0 pips (Standard) | $0 (Recommended $200) | 1-2 business days | #1 pick for mt5: Advanced traders, automated trading & TradingView enthusiasts. | NDD & STP | ASIC (Australia)FCA (UK)CySEC (Cyprus) | |
![]() | 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) | $50 | 1-2 business days | #3 pick for mt5: traders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing. | ECN / STP | ASIC (Australia)FSCA (South Africa)FSC (Mauritius) | |
![]() | 0.0 pips (Raw) | 0.2 pips (Standard) | $1 | Instant | #2 pick for mt5: Low-cost traders, high-volume day traders & scalpers. | Market Execution | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 0.0 pips (Raw) | $100 | Same day to 1 business day | #10 pick for mt5: ECN traders, scalpers & Australian clients. | ECN / DMA | ASIC (Australia)CySEC (Cyprus)SVG FSA | |
![]() | 1.0 pips (Premium) | 0.0 pips (Zero) | $0 | 24 hours | #12 pick for mt5: Bonus hunters, high leverage users & versatile traders. | STP / ECN capabilities | FCA (UK)CySEC (Cyprus)DFSA (Dubai) | |
![]() | 0.6 pips (Ultra Low) | 1.6 pips (Standard) | $5 | 24 hours | #5 pick for mt5: Beginners, education-focused traders & low deposit users. | Market Execution | CySEC (Cyprus)ASIC (Australia)DFSA (Dubai) | |
![]() | 0.0 pips (Raw) | 0.8 pips (Standard) | $200 | 24-48 hours | #7 pick for mt5: Scalpers, EA traders & low-latency algorithmic trading. | True ECN | ASIC (Australia)CySEC (Cyprus)Seychelles FSA | |
![]() | 0.9 pips (Standard) | $100 | 1-2 business days | #9 pick for mt5: Beginners, copy traders & options enthusiasts. | Market Maker | Central Bank of IrelandASIC (Australia)FSCA (South Africa) | |
![]() | 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN) | $50 | 24 hours | #6 pick for mt5: High-volume traders who confirm which specific MultiBank entity and licence covers their country. | ECN | SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia) | |
![]() | 0.0 pips (GO Plus+) | 1.1 pips (Standard) | $0 | 1-2 business days | #11 pick for mt5: Australian traders, MetaTrader users & low-cost ECN accounts. | STP / ECN | ASIC (Australia)CySEC (Cyprus)FSC (Mauritius) | |
![]() | 1.2 pips (Standard) | 0.2 pips (Raw) | $100 | 1-2 business days | #8 pick for mt5: US traders, experienced analysts & volume traders. | Market Maker + DMA | CFTC/NFA (USA)FCA (UK)ASIC (Australia) |












We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

Markets.com Review Summary
#4 on this mt5 comparison, rated 4.7/5. Best positioned for: Beginner-to-intermediate multi-asset CFD traders who value research tools. Front-line verdict: Strong tier-1 regulation (FCA, CySEC, ASIC).
Pros
- Strong tier-1 regulation (FCA, CySEC, ASIC)
- Easy-to-use Marketsx platform with sentiment tools
- Investment Strategy Builder & 'Blends'
Cons
- Inactivity fee after just 3 months
- 0.6% currency conversion fee

Pepperstone Review Summary
#1 on this mt5 comparison, rated 4.8/5. Best positioned for: Advanced traders, automated trading & TradingView enthusiasts. Front-line verdict: Top-tier liquidity with frequent 0.0 pip spreads.
Pros
- Top-tier liquidity with frequent 0.0 pip spreads
- Exceptional platform choice including TradingView and cTrader
- Award-winning 24/5 customer support
Cons
- Educational content is good but not standard-setting
- No proprietary mobile app (relies on MetaQuotes/cTrader apps)

VT Markets Review Summary
#3 on this mt5 comparison, rated 4.8/5. Best positioned for: traders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing. Front-line verdict: 100% deposit bonus on first deposit (minimum deposit $50).
Pros
- 100% deposit bonus on first deposit (minimum deposit $50)
- Raw ECN account with 0.0 pip spread potential
- MT4 and MT5 available across desktop and mobile
Cons
- Entity, leverage, and protection level vary by country
- Free signals are educational support, not profit guarantees

Exness Review Summary
#2 on this mt5 comparison, rated 4.8/5. Best positioned for: Low-cost traders, high-volume day traders & scalpers. Front-line verdict: Ultra-tight spreads from 0.0 pips.
Pros
- Ultra-tight spreads from 0.0 pips
- Instant automated withdrawals 24/7
- Unlimited leverage options
Cons
- No cTrader or TradingView integration
- Educational resources are relatively basic

FP Markets Review Summary
FP Markets is a multi-regulated broker with MT4, MT5, cTrader, IRESS access, 0.0 pips (Raw) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- True ECN pricing from 0.0 pips
- ASIC and CySEC regulated
- cTrader and IRESS platforms
Cons
- $100 minimum deposit
- IRESS platform has additional fees

HFM Review Summary
HFM is a multi-regulated broker with MT4, MT5, HFM App access, 1.0 pips (Premium) | 0.0 pips (Zero) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Excellent mobile app functionality with in-app trading
- No minimum deposit required to start
- Zero account features competitive 0.0 pip spreads with low commission
Cons
- No proprietary desktop platform (relies on MT4/MT5)
- Account types and regulations can be confusing to navigate

XM Review Summary
#5 on this mt5 comparison, rated 4.7/5. Best positioned for: Beginners, education-focused traders & low deposit users. Front-line verdict: Outstanding daily webinars and educational courses.
Pros
- Outstanding daily webinars and educational courses
- No deposit or withdrawal fees
- Strict no re-quotes policy with 99.35% execution in <1s
Cons
- Spreads on Standard account are wider than competitors
- No crypto trading on weekends

IC Markets Review Summary
IC Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (Raw) | 0.8 pips (Standard) on EUR/USD, and $200 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
Cons
- Customer service can be slower during peak times
- Protection and leverage depend heavily on your account entity

AvaTrade Review Summary
AvaTrade is a multi-regulated broker with MT4, MT5, AvaTradeGO, WebTrader, AvaOptions, AvaSocial access, 0.9 pips (Standard) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Heavily regulated across 7+ jurisdictions
- Excellent mobile app (AvaTradeGO)
- DupliTrade and AvaSocial copy trading
Cons
- Spreads slightly wider than ECN brokers
- Inactivity fee after 3 months

MultiBank Review Summary
MultiBank is a multi-regulated broker with MT4, MT5 access, 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Real UAE SCA and VARA licences plus additional entity-specific regulators
- Large claimed paid-up capital ($322M+)
- Tight ECN commission ($3/lot)
Cons
- Marketing claims of '18+ regulators' are inflated — some versions of that count include non-trading registries
- $60/month inactivity fee is aggressive
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Frequently Asked Questions About Compare MT5 Forex Brokers ()
Frequently Asked Questions
Top Searched Questions
Which brokers offer MetaTrader 5 in 2026?
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Sources & References
- Pepperstone Trading Platforms— Pepperstone
- Exness Accounts— Exness
- HFM Trading Accounts— HFM
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.