MetaTrader 5 (MT5) is a multi-asset trading platform used by millions of traders. The platform features comprehensive analysis tools and offers many ways of advanced customization.
Below you will find what we consider to be the best MT5 Forex brokers for 2022.
How to choose an MT5 broker
In order to choose a good MT5 broker, you should consider the following criteria.
Since just about any serious forex broker is offering MT4, the following criteria separate the good from the bad:
- Licence and regulation
- Speed of order execution
- Pricing, Spreads & Fees
- Customer Support
- Order processing (STP or Market Making)
Best MT5 Broker List
We consider the following broker to be the best for MT5 traders.
Pepperstone – Best MT5 Broker 2022
Pepperstone is used by over 300,000 traders from more than 170 countries. In addition to MT5, it also offers trading through MT4, cTrader, and TradingView.
Pepperstone is regulated in several jurisdictions including FCA, ASIC, BaFIN, and has an offshore entity in the Bahamas.
🏆 Best TradingView Broker 2022
✅ 1:30 | 1:400 leverage
✅ MT4, MT5 & cTrader
✅ 1200+ instruments
✅ Raw interbank spreads
✅ Fast 24/5 customer support
Blueberry Markets – Best Customer Service 2022
Blueberry Markets is an Australian forex and CFDs broker that can boast thousands of 5-star ratings from forex traders.
They offer a full MetaTrader suite including of course MT5.
Their offshore entity is located in the Bahamas, regulated by the SCB, offers leverage up to 1:500 for retail traders.
🏆 Best MetaTrader Broker 2022
✅ 1:500 Leverage
✅ Spreads from 0.0
✅ No Dealing Desk (NDD)
✅ Top Rated Broker with FPA
✅ 24/7 Customer Support
MetaTrader 5 is a more modern and upgraded version of the industry-standard MT4 platform.
By using one of the brokers mentioned above, you can rest assured that you will have an excellent trading experience with MT5.