Trading PlatformBest MetaTrader 5 Forex Brokers

MetaTrader 5 is a trading platform developed by MetaQuotes. The brokers listed here provide access to MetaTrader 5 (MT5), MetaQuotes' multi-asset trading platform known for its enhanced order management and support for algorithmic strategies. MT5 enables traders to deploy Expert Advisors (EAs) using the MQL5 language, access multi-currency trading, use 38 built-in indicators across 21 timeframes, and benefit from an integrated economic calendar for macro event tracking. MT5 natively supports hedging strategies, making it suitable for traders seeking flexibility with overlapping positions. When comparing MT5 brokers, verify whether they enable all available asset classes and advanced order types, as support varies by provider and server setup.

We currently list 42 forex brokers that support MetaTrader 5. The full list is shown above, sorted by overall rating.

MetaTrader 5 suits a range of experience levels. Beginners may find the platform's charting and order management tools helpful, while more advanced traders can take advantage of automation and custom indicator features. The best way to evaluate it is to open a free demo account.

Many brokers that offer MetaTrader 5 provide iOS and Android apps so you can trade on the go. Check individual broker listings for confirmed mobile support.

MetaTrader 5 is typically provided free of charge by the broker when you open an account. Some brokers may offer additional premium features or data subscriptions, but the core platform is generally included at no extra cost.