Best MetaTrader 5 Brokers 2026

Last updated June 18, 2026

Compare the top brokers offering MetaTrader 5 by MetaQuotes. 24 verified brokers ranked.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
Marcus Campbell

Written by

Marcus Campbell

Edina Balazs

Fact Checked by

Edina Balazs

Top Shortlist for Global

#1
VT Markets
VT Markets
Review
#2
Exness
Exness
Review
#3
RoboForex
RoboForex
Review
Full Comparison
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Last reviewed:
By:Marcus Campbell
Fact-checked by:Edina Balazs

What is MetaTrader 5?

MetaTrader 5 is a trading platform developed by MetaQuotes. MetaTrader 5 (MT5) is the successor to MT4, offering enhanced features including more order types, additional timeframes (21 vs 9), built-in economic calendar, depth-of-market display, and access to stocks and futures markets. MT5 is required by some regulators and offers improved backtesting capabilities.

Why Trade on MetaTrader 5?

MetaTrader 5 (MT5) is the successor to MT4, offering enhanced features including more order types, additional timeframes (21 vs 9), built-in economic calendar, depth-of-market display, and access to stocks and futures markets. Our current ranking starts with VT Markets where it is available, followed by Exness, RoboForex, and Vantage. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Trading Conditions

BrokerLink
VT Markets0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$50Open
Exness0.0 pips (Raw) | 0.2 pips (Standard)$1Open
RoboForex0.0 pips (Prime) | 1.4 pips (Pro)$10Open
Vantage0.0 pips (Raw ECN)$50Open
FP Markets0.0 pips (Raw)$100Open
BlackBull Markets0.0 pips (ECN Prime)$0Open
Hantec Markets0.0 pips (Raw ECN) | 1.2 pips (Standard)$10Open
Capital.com0.6 pips (Standard)$20Open
XM0.6 pips (Ultra Low) | 1.6 pips (Standard)$5Open
IC Markets0.0 pips (Raw) | 0.8 pips (Standard)$200Open
FXTM0.0 pips (ECN) | 1.5 pips (Standard)$10Open
AvaTrade0.9 pips (Standard)$100Open
FxPro0.0 pips (Raw+) | 1.2 pips (Standard)$100Open
Axi0.0 pips (Pro)$0Open
Tickmill0.0 pips (Raw) | 1.6 pips (Classic)$100Open
ThinkMarkets0.0 pips (ThinkZero)$0Open
HFM1.0 pips (Premium) | 0.0 pips (Zero)$0Open
HYCM0.2 pips (Raw)$100Open
IQ Option0.8 pips$10Open
QuotexN/A (Digital options)$10Open
Libertex0.0 pips (Commission-based)$10Open
GO Markets0.0 pips (GO Plus+) | 1.1 pips (Standard)$0Open
Pepperstone0.0 pips (Razor) | 1.0 pips (Standard)$0 (Recommended $200)Open
Forex.com1.2 pips (Standard) | 0.2 pips (Raw)$100Open

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.

VT Markets logo
Our Rating
4.8/5.0
Best Fortraders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing
Min Deposit$50

VT Markets Review Summary

VT Markets supports MetaTrader 5. EUR/USD from 0.0 pips (Raw ECN) | 1.2 pips (Standard STP). Min deposit: $50.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Exness logo
Our Rating
4.8/5.0
Best ForLow-cost traders, high-volume day traders & scalpers
Min Deposit$1

Exness Review Summary

Exness supports MetaTrader 5. EUR/USD from 0.0 pips (Raw) | 0.2 pips (Standard). Min deposit: $1.

Pros
  • Regulation varies by entity
  • Minimum deposit: $1
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
RoboForex logo
Our Rating
4.3/5.0
Best ForHigh-leverage traders, automated trading & varied account types
Min Deposit$10

RoboForex Review Summary

RoboForex supports MetaTrader 5. EUR/USD from 0.0 pips (Prime) | 1.4 pips (Pro). Min deposit: $10.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Vantage logo
Our Rating
4.4/5.0
Best ForRaw spread traders & Australian forex enthusiasts
Min Deposit$50

Vantage Review Summary

Vantage supports MetaTrader 5. EUR/USD from 0.0 pips (Raw ECN). Min deposit: $50.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
FP Markets logo
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100

FP Markets Review Summary

FP Markets supports MetaTrader 5. EUR/USD from 0.0 pips (Raw). Min deposit: $100.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
BlackBull Markets logo
Our Rating
4.3/5.0
Best ForECN traders & New Zealand-based clients
Min Deposit$0

BlackBull Markets Review Summary

BlackBull Markets supports MetaTrader 5. EUR/USD from 0.0 pips (ECN Prime). Min deposit: $0.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Hantec Markets logo
Our Rating
4.4/5.0
Best ForExperienced traders, institutional clients & multi-asset investors
Min Deposit$10

Hantec Markets Review Summary

Hantec Markets supports MetaTrader 5. EUR/USD from 0.0 pips (Raw ECN) | 1.2 pips (Standard). Min deposit: $10.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Capital.com logo
Our Rating
4.6/5.0
Best ForBeginners, AI-driven trading & mobile-first traders
Min Deposit$20

Capital.com Review Summary

Capital.com is a multi-regulated broker with Capital.com Web Platform, Capital.com App, MT4, TradingView access, 0.6 pips (Standard) on EUR/USD, and $20 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Triple Tier-1 regulated (FCA + CySEC + ASIC)
  • AI-powered trading insights and analytics
  • Award-winning proprietary mobile app
  • Low $20 minimum deposit
Cons
  • No MT5 support
  • No cTrader platform
  • Relatively young broker (founded 2016)
XM logo
Our Rating
4.7/5.0
Best ForBeginners, education-focused traders & low deposit users
Min Deposit$5

XM Review Summary

XM supports MetaTrader 5. EUR/USD from 0.6 pips (Ultra Low) | 1.6 pips (Standard). Min deposit: $5.

Pros
  • Regulation varies by entity
  • Minimum deposit: $5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
IC Markets logo
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200

IC Markets Review Summary

IC Markets supports MetaTrader 5. EUR/USD from 0.0 pips (Raw) | 0.8 pips (Standard). Min deposit: $200.

Pros
  • Regulation varies by entity
  • Minimum deposit: $200
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
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Frequently Asked Questions About MetaTrader 5 Brokers

Frequently Asked Questions

MetaTrader 5 is a trading platform developed by MetaQuotes. MetaTrader 5 (MT5) is the successor to MT4, offering enhanced features including more order types, additional timeframes (21 vs 9), built-in economic calendar, depth-of-market display, and access to stocks and futures markets. MT5 is required by some regulators and offers improved backtesting capabilities.
The best MetaTrader 5 brokers in 2026 are VT Markets (4.8/5), Exness (4.8/5), RoboForex (4.3/5).
MetaTrader 5 is free to use with most forex brokers. The broker provides the platform at no cost, and you only pay trading-related fees (spreads and commissions).
Yes, MetaTrader 5 is available on iOS and Android devices. Most brokers offer dedicated mobile apps for MetaTrader 5.

Top Searched Questions

Which brokers offer MetaTrader 5 in 2026?

Most major forex brokers now offer MT5 alongside MT4. MT5 brokers worth considering provide: access to stocks, indices, and crypto CFDs alongside forex; the depth-of-market window for seeing liquidity; 21 timeframes vs MT4's 9; and the built-in economic calendar. Check if they support hedging mode.

What advantages does MT5 have over MT4?

MT5 offers: 21 timeframes (vs 9 on MT4), built-in economic calendar, depth-of-market, 38 technical indicators (vs 30), 44 analytical objects (vs 31), multi-threaded strategy tester, and access to exchange-traded instruments. MT5 uses MQL5 which supports OOP programming for more complex EAs.

Is MT5 better than other trading platforms?

MT5 excels at multi-asset trading (forex + stocks + crypto CFDs) and algorithmic strategy development. TradingView beats it for charting and social features. cTrader offers better Level II pricing. MT4 has a larger EA library. Choose MT5 if you need multi-asset access with strong automation capabilities.
Information automatically localized based on "mt5 brokers" and related trends.

Sources & References

  1. Exness
  2. Vantage
  3. Hantec Markets
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. BrokerAnalysis

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Not Financial Advice:

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.

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BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our AI Content Policy.

Regional Availability Notice

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.