Best MetaTrader 5 Brokers 2025
After extensive hands-on testing, these MetaTrader 5 brokers offer the best trading conditions.
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1Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
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2Introduced in 2020, RedMars, situated in Cyprus, provides competitive spreads across over 300 trading instruments with a leverage of up to 1:500. They offer three account tiers, namely, Standard, Pro, and VIP, catering to different budgets and levels of trading experience. RedMars also features a speedy, entirely digital account creation process.
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3Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
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4Plexytrade, founded in 2024 and based in Saint Lucia, is an ECN/STP broker. It caters to active traders and offers four account choices. It also allows crypto transactions and a notably high leverage of up to 1:2000, due to its unregulated status.
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5Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
MT5 Brokers Comparison
| Broker |  |
USD Account |
VPS Hosting |
AutoTrading |
|---|---|---|---|---|
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✓ | ✓ | Expert Advisors (EAs) on MetaTrader | |
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✓ | ✗ | Expert Advisors (EAs) on MetaTrader | |
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✓ | ✗ | Yes (EAs & FIX APIs) | |
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✓ | ✓ | Expert Advisors (EAs) on MetaTrader | |
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✓ | ✗ | Expert Advisors (EAs) on MetaTrader | |
| Broker | |
USD Account |
VPS Hosting |
AutoTrading |
Broker Details Comparison
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
|---|---|---|---|---|---|---|
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✓ | $100 | 0.01 Lots | 1:50 | Forex, Stocks, Futures, Futures OptionsForex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
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✓ | €250 | 0.01 Lots | 1:30 (Retail), 1:500 (Pro) | CFDs, Forex, Stocks, Indices, Commodities, Cryptos | MT5 |
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✓ | $100 | 0.01 Lots | 1:200 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | JForex, MT4, MT5 |
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✓ | $50 | 0.01 | 1:2000 | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5 |
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✓ | $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, TradingCentral, DupliTrade |
| 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 |
|---|---|---|---|---|
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✗ | ✓ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| 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 |
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| 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 |
|---|---|---|---|---|---|---|---|
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | €250 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $50 | 0.01 | ✗ | ✗ | ||
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✓ | $300$100 | 0.01 Lots | ✗ | ✗ | ||
| 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 |
|---|---|---|---|---|---|---|---|---|
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | ✗ | ✗ | 1:30 (Retail), 1:500 (Pro) | ✗ | ✗ |
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Yes (EAs & FIX APIs) | ✗ | ✓ | ✗ | ✗ | 1:200 | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✗ | ✓ | ✗ | ✓ | 1:30 (Retail) 1:400 (Pro) | ✓ | ✗ |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 2.7% | ✓ | ✗ | ✗ | ✓ | ✓ | ✗ | ✓ |
| 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 |
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| 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 |
|---|---|---|---|---|---|---|
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✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | €20 one-off, €10 thereafter | Variable | 0.7 | 65 | |
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✗ | CHF 100 | 0.1 | 0.1 | 0.1 | |
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✗ | ✗ | 5 | 0.7 | 1.1 | |
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✓ | $50 | 0.13 | 0.9 | BTC <1%, ETH 2% | |
| 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.
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.
Pros
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
- 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 a selection of top trading platforms and additional features. These include Trading Central research, a SMART Signals pattern scanner, trading signals, and strategy builders.
Cons
- 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.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
Why Trade With RedMars?
RedMars is suitable for expert traders in the EU who are comfortable with the MetaTrader 5 platform, as the broker is approved by the CySEC. However, due to its minimal education and research tools, it is not recommended for beginners.
Pros
- The broker accepts several payment options such as wire transfers, credit cards, e-wallets, and notably, cryptocurrencies for trading related transactions.
- The broker is among a few firms that provide a special account for VIPs featuring premium support and exclusive event invitations.
- RedMars provides a superior trading platform, MT5, equipped with 21 timeframes, multiple analytical tools, customizable templates, and algorithmic trading.
Cons
- The trading platform is simple, lacking advanced features like Islamic account, PAMM account, or copy trading.
- RedMars provides a constrained trading platform, offering just 300 instruments. This is quite limited compared to top competitors such as BlackBull Markets, which boasts 26,000 assets.
- RedMars is not suitable for new traders. It lacks educational resources, has no user-friendly platform, requires a high minimum deposit, and demonstrated insufficient customer support during testing.
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.
Pros
- 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.
- The proprietary JForex platform is advanced, offering tools for algorithmic trading, detailed charting, and access to deep liquidity for traders.
- Dukascopy provides tight spreads starting at 0.1 pips, leverage up to 1:200 (based on jurisdiction), and volume-based commissions that benefit high-frequency traders.
Cons
- JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
- Certain account types, like MT4/MT5 accounts, need a higher minimum deposit of $1,000. This might not be suitable for traders with limited budgets.
- 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 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.
Pros
- Plexytrade, though unregulated, ensures trader safety by offering negative balance protection and maintaining segregated accounts for client funds.
- 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.
Cons
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
- Plexytrade only accepts deposits and withdrawals through cryptocurrencies. It does not support bank cards, wire transfers, or e-wallets.
- The platform doesn't offer social or copy trading options. This means that novice traders cannot mirror the actions of more accomplished traders, unlike on platforms such as eToro.
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.
Pros
- AvaTrade enhances its products with AvaFutures, offering an alternative to trade over 35 markets with low trading margins.
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
- 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.
Cons
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
- 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.
Filters
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.
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.
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.
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.
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.
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.
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.