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The 5 Best Brokers for MetaTrader 5

best mt5 brokers

The time has come to move beyond casual charting and start trading like a professional. While basic price action and indicators like RSI are a good starting point, serious traders go much further—they develop robust strategies, backtest their ideas, and even automate their systems.

To do this effectively, they rely on professional-grade platforms like MetaTrader 5. But the platform alone isn’t enough—you also need a broker that offers direct integration, low latency, and the right trading conditions.

In this article, we’ll explore the 5 best brokers to trade with MetaTrader 5, so you can take your trading to the next level with the tools and support professionals use.

metatrader trading platform

Who are the best MT5 brokers?

This section is crucial, as there are hundreds of brokers that integrate the MT5 platform into their services. MetaTrader, one of the most well-known and best trading platforms globally and is highly popular among online brokers. In the United Kingdom, for example, brokers like Capital.com, Admiral Markets, XM, ActivTrades, OANDA, Pepperstone, and Swissquote offer support for MetaTrader 5 (MT5).

In the next section, we'll explore which brokers are the best for trading with MT5, considering factors such as usability, security, and commissions.

Capital.com

Capital.com is a global online broker with a strong reputation in the trading community. It offers access to a diverse range of financial instruments, including forex, stocks, commodities, indices, ETFs, and cryptocurrencies. With its focus on providing a seamless trading experience and advanced technological tools, Capital.com has become a top choice for traders worldwide.

capital.com trading platform

Capital.com enhances the trading experience through its intuitive platform, providing easy access to a range of features designed for both novice and experienced traders:

  • Access to over 3,000 instruments: Including stocks, forex, commodities, ETFs, and cryptocurrencies, enabling diversified portfolios.
  • Real-time market data: Stay updated with up-to-the-minute market data and instant price feeds.
  • Advanced trading tools: Including over 75 technical indicators, risk management features, and customisable charts.
  • AI-powered insights: Leverage AI technology for personalised market predictions, helping traders make informed decisions.
  • Leverage options: Capital.com offers high leverage, up to 1:30 for retail clients in forex and more for professional accounts.

Is Capital.com the Best Broker for Advanced Traders?

Capital.com stands out as a versatile broker suitable for traders seeking advanced tools and a user-friendly platform. Its integration with AI-powered trading insights and diverse financial instruments offers a complete solution for traders of all levels. Key highlights include:

  • Comprehensive product range: Trade a wide variety of financial instruments with competitive spreads.
  • Advanced trading platform: Capital.com offers its proprietary trading platform and MetaTrader 4 (MT4) for experienced traders.
  • Regulation: Capital.com is regulated by top-tier authorities, including the FCA in the UK, ensuring a safe and secure trading environment.
  • Educational resources: Capital.com offers extensive educational material, making it ideal for beginners to learn and grow their trading skills.

💶 Minimum deposit: $20
📝 Regulation: FCA, CySEC, ASIC
⭐️ Rating: 8/10

👉 In summary, Capital.com is an excellent choice for traders looking for a user-friendly platform with access to advanced trading tools, competitive trading conditions, and strong regulatory oversight. It stands out with its AI-powered insights, educational resources, and diverse product range.

ActivTrades

ActivTrades is a global broker with a solid track record in the online trading market. It offers access to more than 1,000 financial instruments in seven asset classes, including forex, stocks, indices, ETFs, commodities, bonds, and cryptocurrencies.

In fact, if we had to highlight something about the broker, it is its order execution speed, with an execution time of up to 0.004 seconds per order sent. No wonder it is the broker chosen by more than 100,000 traders in 170 countries around the world.

activtrades trading platform

Overall, ActivTrades enhances a professional trading experience by offering full integration with MetaTrader 5, allowing:

  • Access to more than 1,000 derivatives on stocks, ETFs, indices, or commodities, in addition to other products available on MetaTrader 4.
  • Fast execution of trades, with average times of less than 0.004 seconds.
  • Advanced analytical tools, including more than 80 technical indicators and 21 timeframes.
  • Automated trading through the use of expert advisors (EAs) and custom scripts.
  • Depth of Market (DOM), providing a complete view of order volume.

Is ActivTrades the best broker to integrate with MetaTrader 5?

ActivTrades stands out as a solid option for traders looking to operate on MetaTrader 5 due to:

  • Wide range of financial instruments, allowing effective portfolio diversification.
  • Competitive trading conditions, with tight spreads and no hidden fees.
  • Strong regulation, being authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
  • Investor protection, offering additional insurance of up to 1 million euros for client funds.

💶 Minimum deposit: $100
📝 Regulation: FCA 
⭐️ Rating: 8.5/10

👉 In summary, ActivTrades offers robust integration with MetaTrader 5, complemented by a wide range of financial instruments and favorable trading conditions, in terms of speed and costs.

OANDA

OANDA is a global broker with over 25 years of experience in the online trading market. Traditionally it was a forex broker, but after its regulator change, it has recently incorporated derivatives on all types of products (indices, currencies, ETFs, etc.), as well as more than 2200 European and American stocks available for cash investment from 0 commissions (in the case of American stocks).

oanda trading platform

And on an operational level, we are possibly talking about one of the most professional brokers, as it allows you to integrate your trading account with professional platforms such as MetaTrader 5 or Tradingview, allowing you to:

  • Access multiple markets: Trade in forex, indices, commodities, stocks, and cryptocurrencies from a single platform, with the ability to view more than 100 open charts in parallel.
  • Advanced analytical tools: More than 38 technical indicators, 22 analytical tools, and 21 timeframes for detailed analysis.
  • Automated trading: Compatibility with expert advisors (EAs) and custom scripts to automate strategies, with ultra-fast execution times.
  • Depth of Market (DOM): Provides a complete view of order volume, useful for sophisticated strategies.

Is OANDA the best broker to integrate with MetaTrader 5?

OANDA provides strong integration with MetaTrader 5 (MT5), making it an excellent choice for traders who prioritise:

  • Access to global markets: OANDA offers forex, indices, commodities, and bonds on MT5, giving traders access to a wide range of tradable instruments.
  • Competitive pricing: OANDA offers low spreads with no hidden commissions, which is highly beneficial for traders who value cost efficiency.
  • Advanced charting and analysis: The platform provides a range of advanced charting tools, technical indicators, and customisable features.
  • Regulation and trust: OANDA is highly regulated in multiple jurisdictions, including the FCA in the UK, providing a secure trading environment for clients.
  • No minimum deposit: OANDA allows clients to start trading with no minimum deposit, which makes it an appealing choice for new traders.

💶 Minimum deposit: $1 (no fixed minimum for most accounts)
📝 Regulation: FCA 
⭐️ Rating: 8/10

👉 In short, OANDA offers robust integration with MetaTrader 5, complemented by a wide range of financial instruments and professional trading conditions.

Pepperstone

Pepperstone is a global broker with a solid track record in the online trading market. It offers access to more than 1,200 financial instruments, all of which are derivatives on forex, stocks, indices, commodities, and cryptocurrencies, but with quite user-friendly management fees.

pepperstone trading platform

In this way, and as is often the case with pure trading brokers, Pepperstone seeks to enhance the trader's experience by offering full integration with professional platforms like MetaTrader 5 (MT5), allowing:

  • Advanced and Proprietary Analytical Tools: More than 38 technical indicators in 21 time frames for detailed analysis. Additionally, the entire Metatrader suite will also be compatible with Pepperstone's proprietary tools, such as their Autochartist packages or Smart Trader Tools.
  • Access to Multiple Markets: Trade in forex, indices, commodities, stocks, and cryptocurrencies from a single platform, with the ability to program up to 500 orders in total.
  • Fast Execution of Trades: With ultra-fast execution times, ideal for strategies that require precision.
  • Automated Trading: Compatibility with expert advisors (EAs) and custom scripts to automate strategies, thanks to its MetaQuotes Language (MQL).

Is Pepperstone the best broker to integrate with MetaTrader 5?

Pepperstone is an excellent choice for traders looking to operate on MetaTrader 5 (MT5) due to:

  • Comprehensive asset selection: Pepperstone offers access to a wide range of forex pairs, commodities, indices, and cryptocurrencies, allowing for effective diversification.
  • Competitive pricing: The broker is known for its tight spreads and low commission structures, making it attractive for active traders and scalpers.
  • Fast execution speeds: Pepperstone boasts low latency and high-speed order execution, ideal for traders who rely on speed to capture small price movements.
  • Strong regulation: With regulation from authorities like the FCA in the UK, ASIC in Australia, and others, Pepperstone ensures a high level of trust and transparency.
  • Enhanced trading conditions: The broker provides flexible leverage options and no requotes, improving the trading experience on MT5.

💶 Minimum deposit: $200
📝 Regulation: FCA 
⭐️ Rating: 9/10

👉 In summary, Pepperstone offers seamless integration with MetaTrader 5, backed by competitive pricing, fast execution, and strong regulatory oversight. It's a fantastic choice for traders seeking a reliable and low-cost trading environment.

Admirals Markets

Admirals Markets is a globally recognised broker offering a solid trading environment and access to a wide range of financial instruments. It provides forex, stocks, commodities, indices, and ETFs through the powerful MetaTrader platforms (MT4 and MT5). Admirals’ combination of competitive conditions, advanced tools, and strong regulation makes it a trusted option for both retail and professional traders.

admirals markets logo

Admirals offers a range of sophisticated tools and features, perfect for traders at all levels:

Powerful trading platforms: Admirals provides access to both MT4 and MT5, offering fast execution, advanced charting features, and support for automated trading strategies.

Market insights and research: Admirals delivers daily market analysis, expert commentary, and access to Trading Central for professional-grade insights and trade ideas.

Competitive leverage: Admirals offers leverage up to 1:30 for retail clients (as per ESMA regulations), with the possibility of higher leverage for professional clients.

Low spreads: Admirals provides tight spreads on major forex pairs and other instruments, making it attractive for active traders.

Is Admirals Markets the best broker for retail traders?

The availability of both MT4 and MT5 platforms gives traders flexibility, while competitive trading conditions and strong regulatory oversight enhance its appeal. Whether you're a beginner or a seasoned trader, Admirals offers the tools and support needed to trade with confidence.

Global regulation: Admirals is authorised by several leading financial regulators, including the FCA in the UK, CySEC in Europe, and ASIC in Australia.

Educational content: Admirals offers a wide range of resources, including webinars, courses, and trading tutorials to support traders in their development.

💶 Minimum deposit: from £1
📝 Regulation: FCA (UK)
⭐️ Rating: 8.7/10

Key features of the best MetaTrader 5 (MT5) brokers

  • Full MT5 access with multi-asset trading and advanced tools.
  • Wide range of markets: forex, stocks, indices, and more.
  • Fast execution and low-latency infrastructure.
  • Tight spreads and transparent fees.
  • Regulated by top-tier authorities (e.g. FCA, CySEC).
  • Expert Advisors (EAs) and VPS support for automation.
  • Free demo accounts for practice and strategy testing.
  • Educational content and reliable customer support.
  • Leverage options tailored to region and experience.

How to decide which broker best suits you

1. Define your trading style

  • Are you a beginner, day trader, or long-term investor?
  • Do you want to trade manually or use automation?

2. Check platform compatibility

  • Make sure the broker supports your preferred platform (e.g. MetaTrader 5, cTrader, proprietary app).
  • Test usability with a demo account.

3. Consider regulation and safety

  • Choose brokers regulated by trusted authorities (e.g. FCACySECASIC).
  • Check if client funds are kept in segregated accounts.

4. Compare fees and spreads

  • Look at trading commissionsspreadsswap rates, and inactivity fees.
  • For small accounts, avoid brokers with high minimum deposits or fixed monthly charges.

5. Evaluate available assets

  • Make sure the broker offers the markets you want to trade: forex, stocks, crypto, etc.

6. Review customer support

  • Look for responsive, multilingual support (especially during market hours).
  • Check if live chat, email, and phone options are available.

7. Explore educational resources

  • Some brokers offer webinars, articles, and tutorials to help you grow.
  • Ideal for beginners or those switching platforms.

FAQs

What is MetaTrader 5?

MetaTrader 5 (MT5) is a multi-asset trading platform developed by MetaQuotes Software, widely used by traders around the world to trade in financial markets. However, it is an evolution of MetaTrader 4 (MT4), designed to offer more tools, functionalities, and flexibility. Although both platforms are popular, MT5 is focused on providing additional features for more advanced traders and a wider range of markets.

In fact, despite being a more powerful tool, it has not managed to displace its predecessor, MetaTrader 4.

This is because its programming language (MQL5) is different and many of the Expert Advisors or programs for automated trading (robots) have been designed with an MQL4 language (that of MetaTrader 4).

So much so that a good part of the large number of trading tools that were designed for MetaTrader 4 cannot be used in MetaTrader 5 and, therefore, many traders continue to use the previous platform. In this regard, it should be noted that MetaTrader 5 is not a new version of MetaTrader 4 (although it may seem so). It is an independent trading platform.

So, if you’re considering which platform is right for you, particularly when searching for the best broker for MetaTrader 5 in the UK, it’s crucial to understand the strengths of each platform. While MT5 offers more advanced tools, many traders still swear by MT4. If you’re asking, what is the best broker for MetaTrader 5, make sure to choose one that supports MT5’s unique features, as well as the flexibility to switch between both platforms if needed.

Why Choose MT5?

While MT4 remains a solid option for forex trading, MT5 is the ideal tool for omnibus traders who are looking to:

  • Expand their operations to different financial markets.
  • Benefit from more comprehensive and detailed technical analysis.
  • Implement automated strategies more efficiently.
  • Take advantage of advanced tools such as market depth and additional order types.

What are the main features of MetaTrader 5?

  • Multi-asset: Allows trading not only in forex but also in stocks, futures, indices, and commodities.
  • Advanced charts and technical analysis: Offers up to 21 timeframes, more than 80 technical indicators, and drawing tools for detailed analysis.
  • Depth of Market (DOM): Provides a complete view of order volume, useful for more sophisticated strategies.
  • Automated trading: Compatible with expert advisors (EAs) and custom scripts to automate strategies.
  • MQL5 programming language: More robust than MQL4, allows the development of complex trading indicators and robots.
  • Integrated economic calendar: Ideal for traders who analyse the impact of economic events on their decisions.
  • Hedging and netting: Supports both order management systems.
  • Versatility: Available on desktop, web, and mobile applications, adapting to the needs of the modern trader.

What is the difference between MetaTrader 4 and 5?

Greater number of available markets

  • MT4 primarily focuses on the forex market, being ideal for traders who operate exclusively in this field.
  • MT5, on the other hand, allows trading in multiple financial markets, such as stocks, futures, options, ETFs, commodities, bonds, and cryptocurrencies, significantly expanding the possibilities for traders interested in diversifying their portfolio.

Faster Optimisation for Automated Strategies

  • MetaTrader 5 introduces multi-thread optimisation, which uses multiple processing cores to test and optimise automated trading strategies more quickly and efficiently.
  • In comparison, MT4 only allows optimisation on a single core, which can be slower, especially for complex strategies.

Support for Additional Timeframes and More Detailed Analysis

  • MT5 offers 21 timeframes, including options like 2 minutes, 6 hours, or 12 hours, among others. This provides greater flexibility for technical analysis and tracking specific trends.
  • MT4, on the other hand, only has 9 timeframes, limiting the level of detail in chart analysis.

Improvements in Market Depth (DOM) and Order Management

  • In MetaTrader 5, the market depth (DOM) is fully integrated, showing detailed information about the volume of orders available at different prices. This is especially useful for scalping and intraday trading strategies.
  • Additionally, MT5 introduces different types of pending orders, such as "Buy Stop Limit" and "Sell Stop Limit", offering greater control over order execution. MT4 does not include these options, being limited to 4 types of pending orders.
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