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Home / Best MetaTrader 5 (MT5) Forex Brokers 2026
Expert Rankings, Updated June 2026

Best MetaTrader 5 (MT5) Forex Brokers 2026

Multi-asset trading on MT5. stocks, forex, crypto, commodities all in one platform

MT5 Platform
Multi-Asset
Advanced Orders
By Guilherme J. · Lead Broker Reviewer, forex.mobileReviewed June 2026

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) HFM – MT5 with full stock CFD access and multi-regulated safety; 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.

IC Markets logo
IC
IC MarketsMT5 ECN Deep Liquidity4.7/5
★★★★½4.8★ Trustpilot (54,844 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.

MT4MT5cTrader
ASIC Regulated
Min Deposit
$200
Spreads From
0.0 pips (Raw)
Regulated by
ASIC, CySEC, FSA
Open Free Account →Full Review
XM logo
XM
XMMT5 1000+ Assets4.5/5
★★☆☆☆2.3★ Trustpilot (3,130 reviews)

XM works best for MT5 with 1000+ instruments including stocks, crypto, commodities, and forex all accessible from one platform.

MT4MT5
CySEC Regulated
Min Deposit
$5
Spreads From
0.6 pips (Standard)
Regulated by
CySEC, ASIC, DFSA, FSC
Open Free Account →Full Review
HFM logo
HF
HFMMT5 + Stock CFDs4.4/5
★★★★☆4.3★ Trustpilot (2,927 reviews)

HFM suits MT5 with full stock CFD access (1000+ shares), HFcopy social trading integration, and FCA + CySEC + DFSA + FSCA multi-regulation.

MT4MT5
FCA Regulated
Min Deposit
$0
Spreads From
0.0 pips (Zero)
Regulated by
FCA, CySEC, FSCA, FSA, DFSA
Open Free Account →Full Review
Exness logo
EX
ExnessMT5 Extended Sessions4.8/5
★★★★½4.7★ Trustpilot (29,957 reviews)

Exness stands out for MT5 with extended trading sessions and instant withdrawal functionality integrated with the Exness Trader app.

MT4MT5
CySEC Regulated
Min Deposit
$10
Spreads From
0.0 pips (Zero)
Regulated by
CySEC, FSCA, FSA
Open Free Account →Full Review
AvaTrade logo
AV
AvaTradeMT5 + Options Trading4.6/5
★★★★½4.8★ Trustpilot (12,776 reviews)

AvaTrade works well for MT5 multi-asset trading including forex options, with multi-regulated safety across 6 global jurisdictions.

MT4MT5AvaTradeGO
ASIC Regulated
Min Deposit
$100
Spreads From
0.9 pips (Standard)
Regulated by
ASIC, CBI, FSCA, ADGM
Open Free Account →Full Review

Side-by-Side Broker Comparison

BrokerMin DepositSpreadsRegulationScorePlatforms
IC Markets$2000.0 pips (Raw)ASIC, CySEC, FSA4.7MT4, MT5, cTrader
XM$50.6 pips (Standard)CySEC, ASIC, DFSA, FSC4.5MT4, MT5
HFM$00.0 pips (Zero)FCA, CySEC, FSCA, FSA, DFSA4.4MT4, MT5
Exness$100.0 pips (Zero)CySEC, FSCA, FSA4.8MT4, MT5
AvaTrade$1000.9 pips (Standard)ASIC, CBI, FSCA, ADGM4.6MT4, 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.

#1 Rated for Best MetaTrader 5 (MT5) Forex Brokers 2026

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.

Open IC Markets Account →
74-89% of retail accounts lose money

IC Markets spreads, measured Mon, 29 Jun 2026 05:16:10 UTC

Compare all 12 brokers →

Account: Raw · Commission: $3.50/side per lot

PairSpreadCost / lotvs Median
EUR/USD0.0 pips$0.00-0.1 pips
GBP/USD0.1 pips$1.00-0.1 pips
USD/JPY0.0 pips$0.00-0.1 pips
XAU/USD0.1 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.

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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: June 2026.

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