Best MT5 Forex Brokers (Metatrader 5)

by Filippo | Feb 20, 2017 | Best Brokers | 0 comments

InvestinGoal » Best Brokers » Best MT5 Forex Brokers (Metatrader 5)

Though it has always been a bit in the shade, in these last years more and more users have increasingly showed interested for the best MT5 forex brokers.

To facilitate the search, we have selected our TOP 7 of the best metatrader 5 brokers.

The MetaTrader 5 platform was born as an evolution of the still popular and widely used MT4, the simpler and lighter model.

The MT5 platform of the MetaQuotes company offers more tools and capabilities than its predecessor, and is designed to also support several more instruments such as CFDs, stocks, indices, futures and options.

If you’re wondering why the MT5 did not automatically replace the MT4, I’ll explain it very simply.

As you may know, with the MT4 any programmer could create their own programs and indicators, and run them freely on the platform.

And the same can be done with MT5.

The “problem” is that the MT5 is written with a new and more modern programming language, which is incompatible with the MT4 one, and this means that all the additional programs and indicators created for the MT4 are not available on the MT5.

However, I would not worry too much, because there’s still plenty of programs for the MT5.

The brokers that offer the possibility to use the MT5 are many and growing.

Here we have collected the names of the most solid, most awarded and most respected (among the most important aspects when you have to choose a broker) brokers to help you in your choice.

So, here is our list of the best MT5 brokers.

(This post is part of the top 10 forex brokers series)

Top 7 of the Best Brokers for the Forex Metatrader 5

1. FxPro MT5

Always among the most famous and awarded, the London-based broker FxPro has been awarded Best MT5 Broker on the latest UK Forex Awards 2016. For sure the best choice to try the forex Metatrader 5.

Regulations: CySEC, FCA, FSB, DFSA, SCB
Minimum Deposit: $ 100
Open a MT5 account with FxPro

2. Admiral Markets MT5

Founded in 2001 in Russia and strongly growing in recent years, also Admiral Markets was among the nominees for the best MT5 broker for 2016. Today Admiral Markets is a global brokers with offices all around the world.

Regulations: FCA
Minimum Deposit: $ 1,000
Open a MT5 account with Admiral Markets

3. Active Trades MT5

Founded in Switzerland in 2001 and then moved to London, also Active Trades was nominated among the best broker 2016 for Metatrader 5. Active Trades is very active in Europe, especially in Germany and Italy.

Regulations: FCA
Minimum Deposit: $ 100
Open a MT5 account with Active Trades

4. Exness MT5

Fourth nominated as best MT5 forex broker we have Exness, a relatively young Cypriot-Russian broker, founded in 2008. Despite his young age he already managed to win several awards.

Regulations: CySEC
Minimum Deposit: No minimum
Open a MT5 account with Exness

5. ForexTime FXTM MT5

Last nominee in the UK Forex Awards 2016 in the category MT5 Platforms is Forextime (FXTM), broker based in Cyprus and also winner of several awards over the years.