Which brokers work with MT5?
MetaTrader 5 is a modern popular with traders from all around the world platform. It gives an opportunity to execute operations with Forex, stocks and futures. It has some differences from the previous version (MT4). For example, new time frames, new instruments for technical analysis (Elliott waves, Fibonacci levels). A lot of experienced traders prefer this very platform, but not all brokerage companies work with it. Read on, and you will learn, which of them support MT5, description and advantages of each one.
- FX Club.
- Global FX.
- Capital Markets
This broker has been providing its services since 1997. Its big experience guarantees high quality. There are more than 230 financial instruments, including currency pairs, CFDs on oil, precious metals, indices, stocks, agricultural commodities, and cryptocurrencies. This company can boast round-the-clock client support, regular promotional activities, education, a wide range of payment ways. Minimal deposit is absent. Leverage is 1:600.
This one was established in 2008. During more than 10 years, it has managed to gain popularity and trustworthiness. It is regulated by CySEC and FCA. Client support is day and night, 13 languages. 130 currency pairs are available. There is a large choice of account types. The main variants are:
- Cent. Min deposit is absent, spread is from 0,3 points, min lot is 0,01 (cent).
- Mini. No minimal deposit, spread – from 0,3, min lot – 0,01.
- Classic. Min deposit is 2000$, spreads are from 0,1, min lot is 0,1.
- ECN. Deposit is minimum 300$, leverage is up to 1:200, min lot – 0,1, spreads – from 0.
This brokerage company was founded in 2009 in Canada. It is international and has representations in 6 world economic centers:
- the USA;
There is a great choice of financial instruments: more than 90 currency pairs, commodities (WTI, BRENT), 4 precious metals, a lot of CFDs and stocks.
Trading conditions are rather favorable: instant order execution, low spreads, the absence of re-quotes. There are some other advantages: 24/5 client support, free educational programs, an opportunity of algorithmic trade, copying experienced traders’ strategies.
Innovative NDD (No Dealing Desk) format used in ECN-accounts implies the direct data exchange between the trader and the market maker, and, therefore, excludes the possibility of intervention in trading process. Max. leverage 1:500, CFD More than 3000 most liquid US Stocks CFDs.
This is a young, but still successful broker. It is based in Malta. Available financial instruments are currency pairs, stocks, indices, metals, oil, commodities, futures. Leverage is up to 1:300, spreads – from 3 pips, the number of account types – 4.