The Best MT5 Brokers Reviewed for 2025

MT5 is the newest and more feature-rich version of the MetaTrader series. While fewer brokers support MT5 than MT4, it comes packed with additional analysis tools that will appeal to seasoned traders.

In this comparison guide, we reveal the four best MT5 brokers for 2025. Read on to choose an MT5 broker that offers tight spreads, low fees, and support for your preferred markets.

Reviewing the best brokers for MT5

We’ll now dive into our reviews of the best MT5 brokers for 2025.

1. AvaTrade – Commission-free trading on more than 1,000 leveraged markets    

AvaTrade is also an established MetaTrader 5 broker with a solid track record. It was launched in 2006 and is now regulated in nine different jurisdictions: Japan, South Africa, Ireland, Canada, Cyprus, Israel, the UAE, Australia, and the British Virgin Islands. AvaTrade is known for fair and transparent trading conditions.

The broker supports a wide range of assets, all backed by leveraged CFDs. In the forex department, you’ll be able to trade 53 currency pairs. Major pairs come with very competitive spreads, starting at 0.8 pips, with no commission, except on futures.

If you’re looking for exposure to the best cryptocurrencies, AvaTrade has you covered. Some of its most popular cryptocurrency markets include Bitcoin, Stellar, Dash, Chainlink, EOS, and Solana.

AvaTrade also offers a comprehensive selection of commodities. This includes energies, agricultural products, and precious metals such as gold and silver.

The platform also supports currency options. However, you won’t be able to trade options on MT5. Instead, AvaTrade has its own proprietary platform, AvaOptions, for this. What’s more, you can also trade ETFs, bonds, and indices.

You won’t need to pay any deposit or withdrawal fees. You can deposit funds instantly with a debit/credit card or e-wallet. Bank wires are also an option, but this will delay the deposit process by several days. The minimum deposit is $100 or the local currency equivalent.

As it’s a CFD specialist, you can bet on rising as well as falling markets with long and short positions. It also offers leverage on all supported markets. Depending on your location, leverage of up to 400:1 is available. This will drops to 30:1 if you’re based in the UK, as per FCA leverage limits. 

Nevertheless, AvaTrade also offers a free demo account. You can connect this to MT5, allowing you to try AvaTrade without risking any money.

Read our review of this broker for more detail.

Broker	FX Pairs	Other Assets	EUR/USD Spread	Account Types	Account Fees	Max. Leverage
AvaTrade	53	Stocks, ETFs, indices, cryptocurrencies, commodities, bonds, options	From 0.9 pips	Standard – 0% commission trading	$50/quarter inactivity fee after 3 months	400:1

2. PrimeXBT: High-leverage crypto, forex, commodities & indices trading

PrimeXBT is a trading platform launched in 2018, providing users with access to leveraged trading on a wide range of financial markets. Regulated in Saint Vincent and the Grenadines, PrimeXBT focuses on offering seamless trading tools and competitive conditions.

It has its own proprietary platforms, as well as an MT5 standard and an MT5 professional account.

The platform supports trading on more than 180 markets, including more than 100 forex pairs, plus cryptocurrencies, commodities, stocks and indices. Crypto enthusiasts will find popular assets such as Bitcoin, Ethereum, and Ripple’s XRP, while forex traders can access major, minor, and exotic currency pairs.

For commodities, traders can speculate on the prices of oil, gold, and silver. Indices from major global economies, such as the S&P 500 and FTSE 100, are also available.

PrimeXBT stands out for its leverage offering, allowing traders to magnify their positions up to 100:1 on cryptocurrencies and 1000:1 on forex.

This makes it a suitable platform for both experienced and high-risk-tolerant traders. Additionally, users can go long or short on any supported market, enabling them to potentially profit in both bullish and bearish conditions.

The platform charges a competitive trading fee structure, with fees as low as 0.01% for crypto market maker trades. There are no deposit fees, and withdrawals only incur blockchain-specific charges. Funding your account is simple, as PrimeXBT accepts cryptocurrencies like Bitcoin directly.

PrimeXBT also offers a copy trading feature, allowing users to replicate the strategies of successful traders. This makes it a great choice for beginners looking to learn from more experienced market participants.

To find out more about this broker, read our review.

Broker	FX Pairs	Other Assets	EUR/USD Spread	Account Types	Account Fees	Max. Leverage
PrimeXBT	100+	CFDs on forex, cryptocurrencies, indices, stocks, commodities	From 0.1%	Standard, Premium, VIP, Islamic	None	1000:1

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3. Libertex: Offers flexibility of CFD and direct share trading with no commissions

Libertex offers trading on more than 350 CFDs as well as direct share and ETF trading. Its MT5 account allows trading on forex, stocks, indices, commodities cryptocurrencies, and ETFs. It also provides an MT4 platform and its own platform, Libertex and a social trading platform.

Its MT5 account includes spreads as low as 0.0 pips with $0.04 fees or no-commission trades with spreads as low as 0.6 pips.

Some of Libertex’s features include negative balance protection, fractional share trading, copy trading and a demo account with $50,000 in practice money.

You can open an account for only $100 and the company’s welcome bonus program means you can get back 10% of trading commissions paid as a bonus converted into real money. Libertex will pay the converted bonus to your trading account in installments. 

In addition, the broker offers a bonus of up to $200 in Apple, Google, or Tesla shares and $10 for the first cryptocurrency purchase.

Note that while Libertex.com has more than three million clients, it’s not available outside of Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, Switzerland Iceland, Liechtenstein and Norway. 

The broker charges a €10 monthly inactivity fee after 180 days of inactivity. Libertex also charges withdrawal fees for most payment processors, with the exception being Skrill.

Broker	FX Pairs	Other Assets	EUR/USD Spread	Account Types	Account Fees	Max. Leverage
Libertex	50+	CFDs on stocks, ETFs, indices, crypto, commodities, bonds and direct buying of stocks	No spreads, but only commissions, which on EUR/USD average approximately 0.008%.	CFD, Portfolio, Islamic	A $10 monthly inactivity fee is charged after 180 days of inactivity.	999:1

4. Vantage Markets: Low spreads on its MT5 platform

Not only is Vantage Markets a good MT5 broker for safety, but it offers some of the lowest fees in the industry. For example, spreads in forex pairs are ultra-tight, trading from 0.0 pips on EUR/USD with ECN accounts and from 1.4 pips with standard accounts.

Vantage Markets is one of the most established brokers around, launched in 2009 and headquartered in Sydney. It now has more than 800,000 clients worldwide, which shows the popularity of this broker.

Aside from offering over 40 forex pairs, Vantage Markets supports other asset classes too. For example, you can trade indices, crypto, commodities such as oil and gas, commission-free stocks, as well as ETFs and bonds.

If you want to take Vantage Markets for a test drive before making a deposit, you can open a free demo account. Connect it to MT5 and it comes with $100,000 in paper trading funds. This is also a great way to get a feel for the MT5 platform before risking any money.

Vantage Markets also come with a vast library of educational resources. Learn about forex VPS and how to use it or get free trading signals and market sentiment analysis to enhance your trading strategies.

Broker	FX Pairs	Other Assets	EUR/USD Spread	Account Types	Account Fees	Max. Leverage
Vantage Markets	40+	Stocks, ETFs, indices, crypto, commodities, bonds	From 0.0 pips on ECN accounts and from 1.4 pips on Standard accounts for EUR/USD	Standard and ECN	ECN accounts pay from $2 round turn full lot commission	500:1

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Best MT5 forex brokers comparison

We’ve reviewed the best MT5 brokers for 2025. Now let’s summarize the key takeaways for each broker.

MT5 Broker	FX Pairs	Other Assets	EUR/USD Spread	Account Types	Account Fees	Max. Leverage
AvaTrade	53	Stocks, ETFs, indices, cryptocurrencies, commodities, bonds, options	From 0.9 pips	Standard – 0% commission trading	$50/quarter inactivity fee after 3 months	400:1
Prime XBT	100+	CFDs on forex, cryptocurrencies, indices, stocks, commodities	From 0.1%	Standard, Premium, VIP, Islamic, demo	None	1000:1
Libertex	50+	CFDs on stocks, ETFs, indices, crypto, commodities, bonds and direct buying of stocks	From 0.0 pips	CFD, Portfolio, Islamic	CFD trading commissions vary. Inactivity fee of €10 after 180 days	999:1
Vantage Markets	40+	CFDs on stocks, ETFs, crypto, indices, commodities, bonds	From 0.0 pips on ECN accounts and from 1.4 pips on Standard accounts	Standard STP, Raw ECN, Pro ECN, Perpetual, Cent	ECN accounts pay from $2 round turn full lot commission	500:1

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What assets can you trade on MT5?

One of the best things about MT5 is that it’s a multi-asset trading platform. This means that you can trade a wide range of financial markets without needing to use multiple providers.

However, MT5 is a third-party trading suite and not a brokerage. As such, the assets and markets you have access to will depend on which MT5 forex broker you sign up with.

Nonetheless, here’s an overview of what assets you can trade at the best MT5 brokers discussed today:

Forex

Forex is the most traded asset class globally. This means that most MT5 brokers support major and minor currency pairs.

This includes the likes of EUR/USD and GBP/USD. You should also have access to exotic pairs, such as TRY/USD and IDR/USD.

Commodities 

The best MT5 brokers also support commodities. Most offer a combination of energies, agricultural products, and precious metals.

For instance, at Vantage Markets , you can trade the following commodities:

• Precious metals: Gold, silver, palladium, platinum, copper
• Energies: Crude oil, heating oil, natural gas
• Agricultural products: Corn, wheat, sugar, soybean, cocoa

When you trade commodities on MT5, you’ll be doing so via CFDs. This means that you won’t own the underlying commodities. Instead, you simply need to speculate whether you believe the commodity spot price will rise or fall.

Stocks 

MT5 is one of the best platforms to day trade stocks. After all, you’ll have access to unlimited charts, technical indicators, drawing tools, and fundamental news. All within the same platform.

Vantage Markets offers a good selection of stocks, mainly from the US markets. This includes Apple, Amazon, Tesla, and other large-cap companies. AvaTrade and Pepperstone also support stocks. The latter covers exchanges in the US, UK, Australia, Hong Kong, and Germany.

Just remember, you won’t own the underlying shares when trading stocks on MT5. Once again, you’ll be trading CFDs.

Indices  

If you’re looking for exposure to a broader economy,  indices could be the way to go. The best MT5 brokers offer more than a dozen indices markets.

This usually includes the Dow Jones, S&P 500, Russell 2o00, and FTSE 100. Some MT5 brokers also cover indices in emerging markets – such as China, India, and South Africa.

Cryptocurrencies  

If you’re looking to trade cryptocurrencies, you might be inclined to use a traditional exchange. Some of the best crypto exchanges include Coinbase and Binance. However, you can also trade cryptocurrencies on MT5 if your chosen broker supports them.

You’ll be trading cryptocurrency CFDs, meaning you can go long or short. Moreover, you can also trade cryptocurrencies with leverage on MT5.

Other Assets  

While the assets outlined above are most commonly traded, some MetaTrader 5 brokers also support:

• Futures
• Options
• Bonds
• ETFs

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Why use MT5? Benefits revealed

You have many options when choosing an online trading platform. So that begs the question – why is MT5 so popular with traders?

Let’s explore some of the main benefits of trading via MT5 in 2025.

Custom trading screens

MT5 is ideal if you want to create your own custom trading screen. There are many customization options that you can choose from. This includes an unlimited number of charts on your screen at any given time.

For example, suppose you want to trade major forex pairs. You might specialize in EUR/USD, GBP/USD, and TRY/USD. You could have all three pricing charts displayed on your screen simultaneously. This means you’ll never miss a market movement.

In addition, you can also set your own color schemes. While some traders opt for a clear layout with a white background, others prefer darker colors.

High-level technical analysis  

MT5 is the ultimate trading platform for performing high-level technical analysis. By default, MT5 comes with 38 technical indicators. These are divided into subcategories, such as volume, trend, and oscillator indicators. You can choose your preferred indicator and add it directly to your pricing chart.

In addition, MT5 allows you to import your own custom technical indicators. These can be obtained through the MQL5 marketplace or third-party providers. To help you perform technical analysis effectively, MT5 also supports 44 analytical objects. These can be applied to indicator windows and live pricing charts.

Fundamental analysis 

Many traders are unaware that MT5 is also ideal for fundamental analysis. This will allow you to stay up-to-date on key market movements for your preferred assets. For example, you can receive notifications when a blue-chip stock releases an earnings report. Or when a central bank meeting results in an interest rate hike.

However, MT5 does not provide financial news itself. On the contrary, this will be provided by your chosen MT5 broker. As such, it’s important to choose a broker that offers fundamental data in real-time. This can then be imported into MT5, so you’ll never miss a market beat.

Unlike MT4, MT5 also comes with a built-in economic calendar. This features more than 600 macroeconomic indicators from 15 markets. For example, the US, European Union, Japan, and the UK.

You can choose which countries you want to receive news about. If you’re a forex trader, it might be worth choosing them all. After all, the MT5 economic calendar supports important events like central bank meetings, financial stability reports, industrial production levels, and confidence indexes.

Deploy an automated trading robot 

If you’re interested in automated trading robots – MT5 is a must. This platform was designed for this purpose, allowing you to deploy your own robots 24/7.

First, you will need to purchase a robot that aligns with your preferred strategy and markets. If you visit the MQL5 marketplace – which is backed by MT5, you’ll find thousands of robots for sale. These are not created by MT5 but by third-party developers and traders.

Prices vary considerably, depending on the popularity and past performance of the robot. We like that each robot comes with reviews and ratings, allowing you to choose a strategy that actually works. Moreover, some robots can be rented on a monthly basis or purchased outright.

One of the most popular MT5 robots is Quantum Emperor. This specializes exclusively in GBP/USD. However, this MT5 robot will cost you $199.99 per month, or $999.99 for lifetime access. If you’re looking for something more budget-friendly, you might consider Network AI.

This robot extracts real-time financial news and interprets it via artificial intelligence. It will then place trades accordingly. This MT5 robot costs just $50 for lifetime access.

After you’ve rented or purchased a robot, you can install it into your MT5 software. We would suggest testing the robot in demo mode for several weeks to see how it performs in live market conditions.

You can make adjustments to the robot manually if needed. Just remember, when you activate via your main MT5 brokerage account, it will trade with real money. As such, the backtesting process is crucial.

MQL5 copy trading

Another way to automate your trades on MT5 is via copy trading. This is called ‘trading signals’ on MT5 (not to be confused with the best forex signals), but the process works the same. For example, you’ll first need to choose a trader to copy via the MQL5 marketplace.

Once again, you’ll have thousands of options to choose from. That said, when compared to robots, trading signals are a lot more affordable.

Most plans average $30 to $45 per month and you can cancel at any time. You’ll be presented with lots of information when choosing a trader to copy. Most importantly, this includes the past performance of the trader since using MT5. You’ll also see their trading history, statistics, and risk profile.

Once you have purchased a subscription, all future trades will be mirrored. This will be proportional to the amount you want to risk on the trader.

• For example, suppose you allocate $1,000 to a forex trader.
• The trader risks 3% of their bankroll buying EUR/USD.
• In your account, you’ll also buy EUR/USD, but at a stake of $30 (3% of $1,000.
• When the trader closes the EUR/USD position, so will you.
• Any profits or losses will be reflected in your brokerage account.

Just like robots, you can test drive your chosen trader in demo mode. Consider doing this for at least a few weeks so you can get an overview of how the trader performs. If you find the trader doesn’t meet your expectations, you can cancel your subscription.

Multi-device support 

MT5 is available on most device types, ensuring that you’re never more than a click away from your trading account.

The majority of traders will use the MT5 desktop software. Not only because it offers full charting functionality but also support for copy trading and robots. MT5 for Mac, Windows, and Linux is free to download.

It’s also wise to download the MT5 app. The MetaTrader 5 app is available on both iOS and Android. You can connect this to your main MT5 brokerage account. This will enable you to execute trades when you don’t have access to your desktop device.

Demo trading

MT5 is one of the best platforms for demo trading. While it doesn’t directly offer demo accounts, you can open one for free with most MT5 brokers. For example, it takes seconds to open a Vantage Markets demo account.

You won’t need to make a deposit to activate it, let alone provide any payment details. Vantage Markets will fund your MT5 demo account with $100,000 in virtual capital.

This is more than enough to get used to how MT5 works. You can also use your demo account to practice new strategies. After all, you won’t be trading with real capital. Another use case for MT5 demo accounts is for backtesting trading robots. T

his is also the case when trying a new copy trader for the first time. Your chosen brokerage will provide live pricing data to MT5, so you’ll be trading in actual market conditions. But with virtual funds instead of real money.

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Read our guide to our methodology to see it in more detail.

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Conclusion

MT5 is one of the best trading platforms for advanced traders – especially those relying on high-level chart analysis. We’ve ranked the best MT5 brokers in the market, and AvaTrade is a clear winner.

AvaTrade supports everything from forex and commodities to cryptocurrencies, indices, and stocks. It offers super-low trading fees, low commissions and forex spreads starting from 0.9 pips.

You can bet on rising as well as falling markets with long and short positions at this MT5 broker with its range of CFDs. It also offers leverage on all supported markets. Depending on your location, leverage of up to 400:1 is available.

Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment.

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References

• EUR/USD rate on Bloomberg.com
• TradingView exotic currencies rates
• Financial Times commodity markets page
• S&PGlobal page on S&P 500
• FCA policy statements on CFD limits
• Explanation of backtesting on The Street
• Lexis-Nexus explanation of KYC

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FAQs on MT5 brokers