Best MetaTrader 5 Brokers 2025

After extensive hands-on testing, these MetaTrader 5 brokers offer the best trading conditions.

Author Image Writer
Paul Holmes
Checker Image Fact Checker
Tobias Robinson
Editor Image Editor
James Barra
Brokers With:
MetaTrader 5
Showing top 5 of 38 matching brokers.
  1. 1
    Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5

    Our tests showed PlexyTrade's MT5 had competitive spreads starting at 0.6 pips on major pairs without commissions. Execution speed was consistent, ideal for mid-term traders. The MT5 asset range includes forex and popular CFDs, but advanced platform features were more limited compared to other firms in our rankings.

    Demo Account
    Yes
    Minimum Deposit
    $50
    Minimum Trade
    0.01
    Leverage
    1:2000
    Copy Trading
    No
    Regulator
    No
    Instruments
    CFDs, Forex, Indices, Stocks, Commodities, Crypto
    Platforms
    MT4, MT5
    Account Currencies
    USD, EUR
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    No
    Guaranteed Stop Loss
    No
  2. 2
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4

    In our testing, FOREX.com's MT5 provided reliable execution with spreads around 0.8 pips on EUR/USD and competitive commissions on RAW accounts ($5 per side). MT5 offers a range of assets, including forex, indices, commodities, and cryptocurrencies, with strong platform stability.

    Demo Account
    Yes
    Minimum Deposit
    $100
    Minimum Trade
    0.01 Lots
    Leverage
    1:50
    Copy Trading
    No
    Regulator
    NFA, CFTC
    Instruments
    Forex, Stock CFDs, Futures, Futures OptionsForex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto
    Platforms
    WebTrader, Mobile, MT4, MT5, TradingView
    Account Currencies
    USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    Yes
    Guaranteed Stop Loss
    No
  3. 3
    Trust Platform Assets Fees Accounts Research Education Mobile Support 3.6

    Using Dukascopy’s MT5, we experienced excellent execution speed with raw spreads starting at 0.1 pips and $3.50 per side in commissions. The MT5 platform provides deep liquidity and advanced charting tools.

    Demo Account
    Yes
    Minimum Deposit
    $100
    Minimum Trade
    0.01 Lots
    Leverage
    1:200
    Copy Trading
    No
    Regulator
    FINMA, JFSA, FCMC
    Instruments
    CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options
    Platforms
    JForex, MT4, MT5
    Account Currencies
    USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN
    Automated Trading
    Yes (EAs & FIX APIs)
    AI
    No
    Guaranteed Stop Loss
    No
  4. 4
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.9

    During our test of AvaTrade’s MT5 platform, its zero-commission model and consistent spreads of about 0.9 pips on major currencies were notable. The platform offers a good range of assets in forex, crypto, indices, and commodities, but its execution speed and slippage control were not as advanced as some other top MT5 brokers.

    Demo Account
    Yes
    Minimum Deposit
    $300$100
    Minimum Trade
    0.01 Lots
    Leverage
    1:30 (Retail) 1:400 (Pro)
    Copy Trading
    Yes
    Regulator
    ASIC, CySEC, FSCA, ISA, CBI, JFSA, FSRA, BVI, ADGM, CIRO, AFM
    Instruments
    CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
    Platforms
    WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade
    Account Currencies
    USD, EUR, GBP, CAD, AUD
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    Yes
    Guaranteed Stop Loss
    No
  5. 5
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6

    In tests, Exness' MT5 had tight spreads from 0.0 pips on Raw accounts with $3.50 per side commissions. Execution was fast, even in high volatility, with full access to expert advisors for automated trading.

    Demo Account
    Yes
    Minimum Deposit
    Varies based on the payment system
    Minimum Trade
    0.01 Lots
    Leverage
    1:Unlimited
    Copy Trading
    Yes
    Regulator
    FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC
    Instruments
    CFDs on Forex, Stocks, Indices, Commodities, Crypto
    Platforms
    Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral
    Account Currencies
    USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    No
    Guaranteed Stop Loss
    No

MT5 Brokers Comparison

Broker
US Flag
USD Account
VPS Hosting
AutoTrading
Plexytrade
Expert Advisors (EAs) on MetaTrader
FOREX.com
Expert Advisors (EAs) on MetaTrader
Dukascopy
Yes (EAs & FIX APIs)
AvaTrade
Expert Advisors (EAs) on MetaTrader
Exness
Expert Advisors (EAs) on MetaTrader
Broker
US Flag
USD Account
VPS Hosting
AutoTrading

Broker Details Comparison

Broker
Demo Account
Minimum Deposit
Minimum Trade
Leverage
Assets
Platforms
Plexytrade $50 0.01 1:2000 CFDs, Forex, Indices, Stocks, Commodities, Crypto MT4, MT5
FOREX.com $100 0.01 Lots 1:50 Forex, Stock CFDs, Futures, Futures OptionsForex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto WebTrader, Mobile, MT4, MT5, TradingView
Dukascopy $100 0.01 Lots 1:200 CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options JForex, MT4, MT5
AvaTrade $300$100 0.01 Lots 1:30 (Retail) 1:400 (Pro) CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade
Exness Varies based on the payment system 0.01 Lots 1:Unlimited CFDs on Forex, Stocks, Indices, Commodities, Crypto Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral
Broker
Demo Account
Minimum Deposit
Minimum Trade
Leverage
Assets
Platforms

Safety Comparison

Compare how safe the Best MetaTrader 5 Brokers 2025 are.

Broker
Trust Rating
Guaranteed Stop Loss
Negative Balance Protection
Segregated Accounts
Plexytrade
2.3
FOREX.com
4.9
Dukascopy
3.5
AvaTrade
4.8
Exness
4.1
Broker
Trust Rating
Guaranteed Stop Loss
Negative Balance Protection
Segregated Accounts

Mobile Trading Comparison

Compare the mobile trading features of the Best MetaTrader 5 Brokers 2025.

Broker
Mobile Apps
iOS Rating
Android Rating
Smart Watch App
Plexytrade iOS & Android
4.8
4.7
FOREX.com iOS & Android
3.6
3.8
Dukascopy iOS & Android
4.6
3.7
AvaTrade iOS & Android
4.3
4.0
Exness iOS & Android
4.4
4.8
Broker
Mobile Apps
iOS Rating
Android Rating
Smart Watch App

Comparison for Beginners

Compare how suitable the Best MetaTrader 5 Brokers 2025 are for beginners.

Broker
Demo Account
Minimum Deposit
Minimum Trade
Education Rating
Support Rating
Fractional Shares
Demo Competitions
Plexytrade $50 0.01
3.5
3.8
FOREX.com $100 0.01 Lots
4.5
4.3
Dukascopy $100 0.01 Lots
3.5
4.0
AvaTrade $300$100 0.01 Lots
4.5
4.3
Exness Varies based on the payment system 0.01 Lots
2.8
4.5
Broker
Demo Account
Minimum Deposit
Minimum Trade
Education Rating
Support Rating
Fractional Shares
Demo Competitions

Comparison for Advanced Traders

Compare how suitable the Best MetaTrader 5 Brokers 2025 are for advanced or professional traders.

Broker
Automated Trading
VPS
API
AI
Pro Account
Leverage
Low Latency
Extended Hours
Plexytrade Expert Advisors (EAs) on MetaTrader 1:2000
FOREX.com Expert Advisors (EAs) on MetaTrader 1:50
Dukascopy Yes (EAs & FIX APIs) 1:200
AvaTrade Expert Advisors (EAs) on MetaTrader 1:30 (Retail) 1:400 (Pro)
Exness Expert Advisors (EAs) on MetaTrader 1:Unlimited
Broker
Automated Trading
VPS
API
AI
Pro Account
Leverage
Low Latency
Extended Hours

Accounts Comparison

Compare the trading accounts offered by Best MetaTrader 5 Brokers 2025.

Broker
Demo Account
Interest on Cash
Islamic Account
Joint Account
Managed Account
PAMM
MAM
LAMM
Pro Account
Plexytrade
FOREX.com
Dukascopy
AvaTrade USD: 2.7%
Exness
Broker
Demo Account
Interest on Cash
Islamic Account
Joint Account
Managed Account
PAMM
MAM
LAMM
Pro Account

Detailed Rating Comparison

Compare how we rated the Best MetaTrader 5 Brokers 2025 in key areas.

Broker
Trust
Platforms
Assets
Mobile
Fees
Accounts
Research
Education
Support
Plexytrade
2.3
4.0
3.5
4.8
3.5
3.3
2.8
3.5
3.8
FOREX.com
4.9
4.6
4.3
3.7
4.6
4.0
4.8
4.5
4.3
Dukascopy
3.5
4.3
3.8
4.2
3.0
3.5
4.5
3.5
4.0
AvaTrade
4.8
4.3
4.5
4.2
3.8
4.3
4.3
4.5
4.3
Exness
4.1
3.8
3.5
4.6
3.8
4.3
4.3
2.8
4.5
Broker
Trust
Platforms
Assets
Mobile
Fees
Accounts
Research
Education
Support

Fee and Cost Comparison

Compare the cost of trading with the Best MetaTrader 5 Brokers 2025.

Broker
Cost Rating
Fixed Spreads
Inactivity Fee
CFD Stocks Spread
EUR/USD Spread
Crypto Spread
Plexytrade
3.5
5 0.7 1.1
FOREX.com
4.6
$15 0.14 1.2 BTC 1.4%, ETH 2%
Dukascopy
3.0
CHF 100 0.1 0.1 0.1
AvaTrade
3.8
$50 0.13 0.9 BTC <1%, ETH 2%
Exness
3.8
$0 0.5 (Apple Inc.) 0.0 Floating
Broker
Cost Rating
Fixed Spreads
Inactivity Fee
CFD Stocks Spread
EUR/USD Spread
Crypto Spread

Broker Popularity

See how popular the Best MetaTrader 5 Brokers 2025 are in terms of number of clients.

Broker Popularity
Exness
800,000
FOREX.com
450,000
Dukascopy
400,000
AvaTrade
400,000

Why Trade With Plexytrade?

Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Christian Harris
Review Author

Pros

  • Plexytrade is a unique offshore broker that accepts US residents as clients. This makes it one of the few offshore brokers that serve US-based traders.
  • Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
  • Plexytrade supports various trading tactics such as quick buying and selling, risk management, and computer-based trading.

Cons

  • Plexytrade only accepts deposits and withdrawals through cryptocurrencies. It does not support bank cards, wire transfers, or e-wallets.
  • The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
  • Plexytrade isn't regulated in key regions, which raises the risk for traders who open an account or deposit money.

Why Trade With FOREX.com?

FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Christian Harris
Review Author

Pros

  • FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
  • FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
  • Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.

Cons

  • The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
  • FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
  • US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
Go to FOREX.com
74-76% of retail accounts lose money with this provider.

Why Trade With Dukascopy?

If you're an experienced trader, Dukascopy offers the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the assurance of a Swiss-regulated bank and broker.
Christian Harris
Review Author

Pros

  • Dukascopy offers top-notch research, including a professional TV studio in Geneva for financial news, market analysis, and daily expert insights.
  • The proprietary JForex platform is advanced, offering tools for algorithmic trading, detailed charting, and access to deep liquidity for traders.
  • Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a broker and a bank, providing high-level financial security and compliance with strict standards.

Cons

  • Dukascopy's withdrawal fees are higher than most competitors we've tested, especially for bank wire transfers, which may discourage traders who need frequent fund access.
  • JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
  • Dukascopy offers educational resources and 24/7 support, but its complex platforms and tools require extensive testing and can overwhelm new traders.

Why Trade With AvaTrade?

AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Christian Harris
Review Author

Pros

  • Years later, AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
  • AvaTrade introduced AvaFutures for low-margin global market access and expanded in 2025 by adding CME’s Micro Grain Futures. Later that year, they integrated with TradingView.
  • AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.

Cons

  • The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
  • While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
  • AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
Go to AvaTrade
79% of retail accounts lose money with this provider.

Why Trade With Exness?

Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Christian Harris
Review Author

Pros

  • Competitive spreads for USOIL and BTCUSD in 2024 start from 0 pips, with low commissions from $2 per side.
  • Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
  • Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.

Cons

  • Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
  • MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
  • Retail trading services are not available in some areas, including the US, UK, and EU, making them less accessible compared to leading brokers like Interactive Brokers.
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Methodology

We reviewed a wide range of brokers offering MetaTrader 5 (MT5) across desktop, web, and mobile.

Using hands-on testing and hundreds of data points, we ranked these brokers based on features, functionality, and user experience.

The MT5 brokers listed here represent the top-rated choices from our comprehensive analysis.

BrokerListings.com Broker Testing Methodology

What To Look For in an MT5 Broker

Drawing on our team’s years of evaluating MT5 brokers and my personal experience using the platform, these are the key factors to consider:

Trading Costs: Low Spreads and Commissions

Trading costs can eat into your profits, so look for brokers that offer competitive spreads and low commissions.

Pepperstone and Fusion Markets both stood out during testing for their excellent pricing for active traders.

The best brokers for MT5 will also have transparent fee structures, so you know exactly what you’re paying for every trade.

Variety of Tradable Assets

A good MT5 broker offers a wide range of tradable assets.

While its predecessor, MT4, primarily focused on forex, MT5 was built for multi-asset trading. So whether you’re into forex, stocks, precious metals, or cryptocurrencies, having multiple options under one roof is super convenient.

It’s all about giving you flexibility and diversification in your trading.

Tradable assets on MetaTrader 5

Regulation and Trustworthiness

You want a broker regulated by a reputable authority, such as ASIC, the FCA, CySEC, or a similar organization.

Regulation ensures your funds are safe and that the broker operates transparently. Always check a broker’s credentials before committing.

I know that top brokers take extra measures to ensure the security of your funds. So, I always look for MT5 brokers that offer segregated accounts, which means your money is kept separate from the broker’s operational funds, reducing the risk in case of financial difficulties.

Execution Speed and Reliability

MT5 is known for its speed, but it’s only as good as the broker’s execution.

Look for brokers with fast execution speeds and minimal slippage, especially if you’re into scalping or high-frequency trading. Nobody wants to miss out on a good trade because of delays.

Leverage Options

Leverage can be a double-edged sword, but it can also amplify your trading power when used wisely.

I’ve discovered that the best MT5 brokers, like Interactive Brokers, IC Markets and IG, offer flexible leverage options tailored to different trading strategies and risk levels.

Just be sure to understand the risks involved – your losses are also amplified.

Customer Support

Even experienced traders hit a snag sometimes. Responsive customer support is key, whether it’s a platform issue or a question about your account.

The best MT5 brokers offer 24/7 support via multiple channels – live chat, email, and phone. AvaTrade excelled during testing here, with average response times of less than three minutes via live chat.

Educational Resources and Tools

Knowledge is power, especially in trading.

Top MT5 brokers like Fusion Markets often provide a wealth of educational resources like webinars, tutorials, market analysis and even guides and tips to getting the most out of MT5.

These tools can help you sharpen your skills and make informed trading decisions.

Accessing video guides for MT5 from Fusion Markets broker

Deposit and Withdrawal Flexibility

It is crucial to have a seamless deposit and withdrawal experience. Look for brokers that support multiple payment methods and offer quick processing times.

You’ll find debit cards and wire transfers at most MT5 brokerages, but firms are increasingly offering e-wallets like PayPal and even crypto solutions like Bitcoin transactions.

You want to spend more time trading, not waiting for funds to clear.

Bonus Features: VPS and Copy Trading

Some MT5 brokers like IC Markets go the extra mile with features like Virtual Private Servers (VPS) for uninterrupted trading or copy trading options where you can mimic the strategies of successful traders.

These extras can enhance your trading experience significantly.

Accessing a VPS on MT5

Platform Customization and Add-Ons

MT5 is highly customizable, but some brokers take it a step further by offering tailored plugins or proprietary add-ons.

Admirals enhanced the core MT5 platform with its Supreme Edition package, introducing advanced tools such as the Mini Terminal for seamless trade execution and management, and the Tick Chart Trader, which enables pinpoint accuracy by tracking real-time price fluctuations.

These extras can enhance your trading with better analytics, advanced charting tools, or even bespoke trading signals.

Account Types and Minimum Deposits

Different traders have different needs. The best MT5 brokers offer a variety of account types, catering to beginners, intermediates, and pros.

Look for brokers with flexible minimum deposits, with a growing number of providers we’ve tested having no minimum deposit, so you can start small and scale up as your confidence grows.

Broker Reputation

A broker’s reputation can speak volumes. So, I always suggest traders check out online reviews, forums, and social media for real user feedback.

I know that an MT5 broker who consistently receives praise for reliability, transparency, and customer service is usually a good bet.

Mobile Trading Experience

In today’s fast-paced world, it is essential to trade on the go. The best MT5 brokers make sure their mobile apps are as robust as their desktop platforms.

Look for a broker that offers a seamless, intuitive mobile trading experience without sacrificing crucial features.

Mobile trading download link on MT5

Social Trading Features

Some MT5 brokers integrate social trading into their platforms, allowing you to connect with other traders, share strategies, or follow experienced traders.

This can be particularly beneficial for beginners looking to learn from pros.

Demo Accounts

I’d suggest always testing the waters before committing real money. The top MT5 brokers provide demo accounts with virtual funds, letting you practice and get comfortable with the platform. This is a great way to test your strategies without risking capital.

Most of our recommendations, like Vantage, Trade Nation, and Fusion Markets, offer demos which can be renewed if required.

Risk Management Tools

Managing risk is crucial in trading.

Leading MT5 brokers offer advanced risk management tools, such as stop-loss orders, take-profit orders, and negative balance protection, to help you stay in control and protect your investments.

New order on MetaTrader 5 platform

Market Research and Analysis

Access to top-notch market research and analysis can give you an edge.

Look for brokers that provide daily market updates, expert insights, and comprehensive analysis. These resources can help you make more informed trading decisions.

Bonus Offers

While not a deciding factor, I’ve discovered that promotional offers and bonuses can be a nice perk. Some brokers offer deposit bonuses, cashback, or loyalty programs, which can add value to your trading experience.

Make sure you read the terms and conditions carefully as many, such as those offered by FXCC, IC Markets and OANDA, are time and region-limited.

Multilingual Support

If English isn’t your first language, consider MT5 brokers that offer support in multiple languages. XM is a frontrunner here with multilingual assistance in over 25 languages.

Having customer service and platform information in your native language can make a big difference in your overall experience.

Innovation and Tech Updates

The trading world is constantly evolving, and so should your broker.

The best MT5 brokers stay ahead of the curve by regularly updating their technology, introducing new features, and adapting to market trends. This ensures you always have the latest tools at your disposal.

Consider these factors, and you can find an MT5 broker that aligns with your trading needs and helps you make the most of this powerful platform.

FAQ

Are All MT5 Brokers the Same?

No, our research and direct experience shows MT5 brokers can differ significantly in terms of execution models (STP, ECN, or market maker), trading fees, customer support, and additional tools.

Some brokers offer unique enhancements, such as custom indicators, advanced analytics, or integrated trading tools, which can make a big difference in your trading experience.

Always compare MT5 brokers to find the one that best suits your trading style and needs.

Article Sources

MetaTrader 5