Best MetaTrader 5 (MT5) Forex Brokers 2026
Multi-asset trading on MT5. stocks, forex, crypto, commodities all in one platform
Quick Answer: Best Forex Brokers for Best MetaTrader 5 (MT5) Forex Brokers 2026
The best MT5 forex brokers in 2026 are: 1) IC Markets – MT5 with ECN execution and deep liquidity; 2) XM – MT5 with 1000+ instruments including stocks and crypto; 3) FP Markets – MT5 with 10,000+ instruments including share CFDs; 4) Exness – MT5 with extended trading sessions; 5) AvaTrade – MT5 with multi-asset trading including options. MT5 offers more timeframes, order types, and asset classes than MT4.
Top 5 Best MetaTrader 5 (MT5) Forex Brokers 2026 (2026)
Ranked by spreads, execution quality, regulation, and trader reviews.
We rate IC Markets highest for MT5 ECN with deep institutional liquidity, raw 0.0 pip spreads, and co-located servers for ultra-fast execution.
XM works best for MT5 with 1000+ instruments including stocks, crypto, commodities, and forex all accessible from one platform.
FP Markets suits MT5 with 10,000+ instruments including share CFDs, raw ECN spreads, and ASIC + CySEC regulation.
Exness stands out for MT5 with extended trading sessions and instant withdrawal functionality integrated with the Exness Trader app.
AvaTrade works well for MT5 multi-asset trading including forex options, with multi-regulated safety across 6 global jurisdictions.
Side-by-Side Broker Comparison
| Broker | Min Deposit | Spreads | Regulation | Score | Platforms |
|---|---|---|---|---|---|
| IC Markets | $200 | 0.0 pips (Raw) | ASIC, CySEC, FSA | 4.7 | MT4, MT5, cTrader |
| XM | $5 | 0.6 pips (Standard) | CySEC, ASIC, DFSA, FSC | 4.5 | MT4, MT5 |
| FP Markets | $100 | 0.0 pips (Raw) | ASIC, CySEC, FSA | 4.6 | MT4, MT5, cTrader, Iress |
| Exness | $10 | 0.0 pips (Zero) | CySEC, FSCA, FSA | 4.8 | MT4, MT5 |
| AvaTrade | $100 | 0.9 pips (Standard) | ASIC, CBI, FSCA, ADGM | 4.6 | MT4, MT5, AvaTradeGO |
How We Test and Rank These Brokers
Every broker on this page was tested with a real funded account. We measure live spreads across multiple trading sessions, test withdrawal speed and reliability, verify regulatory status directly with licensing authorities, and factor in thousands of verified Trustpilot reviews from actual traders.
Brokers cannot buy higher rankings. If a broker falls short during testing, it gets removed regardless of any commercial arrangement. Our goal is to save you the time and risk of testing brokers yourself. Read our full testing methodology.
IC Markets: MT5 Platform
We rate IC Markets highest for MT5 ECN with deep institutional liquidity, raw 0.0 pip spreads, and co-located servers for ultra-fast execution.
IC Markets spreads, measured Mon, 17 Aug 2026 05:16:12 UTC
Compare all 12 brokers →Account: Raw · Commission: $3.50/side per lot
| Pair | Spread | Cost / lot | vs Median |
|---|---|---|---|
| EUR/USD | 0.0 pips | $0.00 | ≈ market |
| GBP/USD | 0.1 pips | $1.00 | -0.1 pips |
| USD/JPY | 0.0 pips | $0.00 | -0.1 pips |
| XAU/USD | 0.1 pips | $0.50 | -0.1 pips |
Source: IC Markets public trading conditions, sampled during normal liquidity. Cost calculated at $10/pip per standard lot. How we measure · Raw JSON. Total tracked pairs: 8.
Best MetaTrader 5 (MT5) Forex Brokers 2026: FAQs
Rankings based on live spread sampling, execution quality, regulation, and Trustpilot scores. We open and fund real accounts. Brokers cannot pay for higher rankings. Last updated: August 2026.