Best MetaTrader 5 forex brokers

One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.

Min deposit:

$200

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

Award-winning Australian broker, top choice for cTrader and algo traders. Razor account offers raw spreads with $7/lot commission. Multi-regulated across ASIC, FCA, CySEC, DFSA and BaFin.

Min deposit:

$200

Leverage:

1:500

EUR/USD:

0.09 pips

Commission:

$7/lot

One of the most trusted forex brokers worldwide. Founded 1996, regulated by 6+ tier-1 authorities including US CFTC. No minimum deposit, transparent pricing, deep institutional liquidity.

Min deposit:

$0.00

Leverage:

1:200

EUR/USD:

0.30 pips

Commission:

$0.00/lot

Swiss bank-grade broker offering forex and CFDs alongside traditional banking. FINMA-regulated and listed on the SIX Swiss Exchange — a premium choice for security-focused traders willing to accept higher entry costs.

Min deposit:

$1,000

Leverage:

1:100

EUR/USD:

1.30 pips

Commission:

$0.00/lot

Geneva-based Swiss bank broker with FINMA and JFSA regulation, running an ECN model on its proprietary JForex platform. Tight raw spreads and CHF 100,000 investor protection make it a serious pick for algo and systematic traders.

Min deposit:

$100

Leverage:

1:200

EUR/USD:

0.20 pips

Commission:

$7/lot

Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$6/lot

Long-running UK FCA broker with 25 years of operating history and four-jurisdiction regulation. Combines its proprietary ActivTrader platform with full MT4, MT5 and TradingView access, plus FSCS protection up to £85,000 for UK clients.

Min deposit:

$0.00

Leverage:

1:400

EUR/USD:

0.70 pips

Commission:

$0.00/lot

AU-headquartered broker with strong global presence. Competitive Raw account, copy trading via DupliTrade and ZuluTrade integration.

Min deposit:

$50

Leverage:

1:500

EUR/USD:

0.20 pips

Commission:

$6/lot

StoneX Group subsidiary. Strong US presence with CFTC-NFA regulation. Raw account with 0.0 pips spread plus $5/lot commission.

Min deposit:

$100

Leverage:

1:400

EUR/USD:

0.20 pips

Commission:

$5/lot

German BaFin-licensed broker founded in 1997 — one of the oldest fully-domestic Germany-regulated forex brokers still operating. Niche EU-only player with broad platform support including AgenaTrader and Interactive Brokers' TWS.

Min deposit:

$200

Leverage:

1:30

EUR/USD:

0.80 pips

Commission:

$5/lot

Cost-leader broker with industry-low $4/lot commission on Pro account. FCA regulated. No-frills, execution-focused broker for serious traders.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$4/lot

New Zealand-headquartered broker, FMA regulated. ECN execution with no minimum deposit on Standard account. Excellent fit for NZ residents.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$6/lot

20+ year established London broker. Multiple platforms including cTrader, MT4, MT5, and own FxPro platform. Strong execution with No Dealing Desk model.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.20 pips

Commission:

$7/lot

Multi-asset CFD broker operated by Safecap Investments under the Finalto Group, with CySEC, FCA, ASIC and FSCA entities. The MarketsX proprietary platform layers sentiment data and analyst coverage over standard MT4/MT5 access.

Min deposit:

$200

Leverage:

1:300

EUR/USD:

0.70 pips

Commission:

$0.00/lot

Estonian-founded global broker (formerly Admiral Markets). 20+ years experience. MT5 specialist with extensive add-ons via Supreme Edition.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$6/lot

Massive global broker with industry-best instant withdrawals. Extreme leverage available (up to 1:Unlimited on some accounts). Strong in Asia, Africa, and Latin America.

Min deposit:

$10

Leverage:

1:2000

EUR/USD:

0.30 pips

Commission:

$7/lot

AU/UK broker since 2010. ThinkTrader proprietary platform plus MT4/MT5. Strong global presence with offices in 8 countries.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

AU broker (formerly AxiTrader, founded 2007). FMA-NZ regulated. Strong copy trading via Axi Select. Raw spreads with $7/lot commission.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

Global broker with multi-jurisdictional licensing (CySEC, ASIC, FSCA, FSC-Belize, IFSC). Strong cTrader and MT4/MT5 offering, low minimum deposits, and broad product range.

Min deposit:

$5

Leverage:

1:1000

EUR/USD:

0.70 pips

Commission:

$0.00/lot

AU-based broker (founded 2009). Strong crypto CFD coverage and TradingView integration. Raw spreads with $7/lot commission. Smaller than Pepperstone but rapidly growing.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

Multi-regulated global broker since 2006. Best for fixed spread trading and AvaProtect risk-management tool. AvaSocial copy trading platform included.

Min deposit:

$100

Leverage:

1:400

EUR/USD:

0.90 pips

Commission:

$0.00/lot

Multi-region CFD broker with entities in Cyprus, UAE, Lebanon, Jordan. Offers tight spreads on forex, indices, commodities, and equities through MT4/MT5 plus their proprietary platform.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.50 pips

Commission:

$7/lot

ASIC-regulated Melbourne broker since 2006 with the full platform suite — MT4, MT5, cTrader, TradingView and proprietary GO TradeX. AUD and NZD base currencies and PayPal funding suit local retail traders.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.00 pips

Commission:

$6/lot

Multi-region broker headquartered in London with strong regulatory presence in Jordan, Cyprus and the UAE. STP execution model and zero minimum on the Standard account, with raw spreads from 0.0 pips for active traders.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.60 pips

Commission:

$4/lot

Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.

Min deposit:

$10

Leverage:

1:1000

EUR/USD:

0.00 pips

Commission:

$4/lot

Cyprus-based CFD broker (Indication Investments / Forex Club lineage) with a 25+ year brand history and a distinctive multiplier-based pricing model. App-led with 50+ crypto CFDs — popular across continental Europe and Latin America.

Min deposit:

$100

Leverage:

1:30

EUR/USD:

0.50 pips

Commission:

$0.00/lot

One of the longest-running CFD brokers (since 2001), known for fixed spreads, dealCancellation and freeze-rate features. Regulated by ASIC and CySEC with a $25 entry point on the Standard account.

Min deposit:

$25

Leverage:

1:2000

EUR/USD:

0.70 pips

Commission:

$0.00/lot

Part of the Henyep Group operating since 1977 in financial services. FCA and DFSA-licensed with a Fixed account that suits volatile-period trading and a Raw account for tight ECN-style execution.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.20 pips

Commission:

$8/lot

Sydney-headquartered broker with ASIC, CySEC and Vanuatu entities, marketed as the rebrand of Royal Financial Trading. Up to 1:1000 leverage offshore, $5 starter accounts, and Financial Commission membership for added dispute resolution.

Min deposit:

$5

Leverage:

1:1000

EUR/USD:

0.60 pips

Commission:

$7/lot

Seven-jurisdiction broker including FCA, CySEC and DFSA, with the broadest emerging-market license footprint of any MetaTrader-only broker. Account variety includes Cent, Premium, Zero and Auto tiers.

Min deposit:

$0.00

Leverage:

1:2000

EUR/USD:

1.20 pips

Commission:

$0.00/lot

Multi-platform broker offering MT4, MT5, cTrader, TradingView and the proprietary R StocksTrader on a single account suite. CopyFX is a long-running social trading platform with broad strategy depth.

Min deposit:

$10

Leverage:

1:2000

EUR/USD:

0.00 pips

Commission:

$4/lot

High-leverage broker with a $1 cent account and 1:3000 offshore leverage. Heavy promotional and rebate presence in Asia and Latin America, with ASIC and CySEC entities for regulated access.

Min deposit:

$1

Leverage:

1:3000

EUR/USD:

0.90 pips

Commission:

$0.00/lot