Best MT5 brokers

MetaTrader 5 is the reference platform for retail forex and CFD trading. It ships with 38 native technical indicators, a robust strategy tester, Expert Advisor support in MQL5, and a wider range of tradable instruments than MT4. We surface the reviewed brokers that offer MT5 alongside solid regulation.

1. #1
   

   FP Markets

   4.19 / 5

   Intermediate to advanced traders who want platform variety (MT4, MT5, cTrader, TradingView, Iress) and broad market access (10,000+ instruments) at competitive ECN pricing, provided they register under the ASIC or CySEC entity.

   Min. deposit

   $100

   Spread from

   0.0 pips

   Regulation

   ASIC, CYSEC

   Platforms

   MT4, MT5

   Read review
2. #2
   

   Tickmill

   4.19 / 5

   Active forex traders, scalpers, and algorithmic traders who prioritize ultra-low Raw account spreads, fast execution, and zero-fee funding under strong Tier-1 regulation, over broad multi-asset coverage or weekend support.

   Min. deposit

   $100

   Spread from

   0.0 pips

   Regulation

   FCA, CYSEC

   Platforms

   MT4, MT5

   Read review
3. #3
   

   GO Markets

   4.06 / 5

   Intermediate to advanced traders who prioritise low raw-spread commissions, ASIC regulatory oversight, and platform choice across MT4, MT5, cTrader, and TradingView over structured beginner education or US/Canadian access.

   Min. deposit

   $0

   Spread from

   0.0 pips

   Regulation

   ASIC, CYSEC

   Platforms

   MT4, MT5

   Read review
4. #4
   

   Eightcap

   4.01 / 5

   Intermediate to advanced traders who prioritise TradingView platform integration, crypto CFD variety, and tight raw spreads, especially active scalpers and algorithmic traders comfortable using third-party platforms.

   Min. deposit

   $100

   Spread from

   0.0 pips

   Regulation

   ASIC, FCA

   Platforms

   MT5, TRADINGVIEW

   Read review
5. #5
   

   BlackBull Markets

   3.90 / 5

   Intermediate to advanced traders who prioritise ECN execution, raw spreads, and platform flexibility (including TradingView and cTrader) over investor compensation coverage and deep educational resources.

   Min. deposit

   $0

   Spread from

   0.0 pips (ECN Prime); 0.8 pips (ECN Standard)

   Regulation

   FMA, FSA-SEYCHELLES

   Platforms

   MT4, MT5

   Read review
6. #6
   

   Global Prime

   3.88 / 5

   Intermediate to advanced forex and CFD traders who prioritize transparent A-book execution and low trading costs over educational support or platform variety.

   Min. deposit

   $0

   Spread from

   0.0 pips

   Regulation

   ASIC, VFSC

   Platforms

   MT4, MT5

   Read review
7. #7
   

   Fusion Markets

   3.87 / 5

   Intermediate to advanced traders who prioritize low per-trade costs and platform flexibility over education or broad asset coverage.

   Min. deposit

   $0

   Spread from

   0.0 pips

   Regulation

   ASIC, FSA SEYCHELLES

   Platforms

   MT4, MT5

   Read review
8. #8
   

   TMGM

   3.79 / 5

   Intermediate to advanced traders who prioritise tight ECN spreads, institutional-grade execution infrastructure, and broad instrument access, especially those interested in share CFD trading via DMA.

   Min. deposit

   $100

   Spread from

   0.0 pips

   Regulation

   ASIC, FMA-NZ

   Platforms

   MT4, MT5

   Read review
9. #9
   

   Spec Markets

   3.51 / 5

   Intermediate to active traders comfortable with offshore regulation who prioritize competitive ECN spreads, low minimum deposit, and copy trading / EA support over regulatory strength or platform breadth.

   Min. deposit

   $50

   Spread from

   0.0 pips (ECN)

   Regulation

   FSC-MAURITIUS, ASIC

   Platforms

   MT5

   Read review