MetaTrader 5

Main features

• Twenty-one timeframes, six pending order types, depth of market.
• Built-in economic calendar and news.
• Hedging or netting accounting, chosen by the broker.
• Thirty-eight built-in indicators and a large marketplace.

Charts

The same chart types as MT4 with more timeframes and a cleaner object model. Templates and profiles save layouts; charts can be detached.

Orders

Market and pending orders including buy stop limit and sell stop limit, fill policies for partial fills, and attached stop loss, take profit and trailing stop. Trailing stops run in the terminal, as on MT4.

Automated trading

Expert advisors in MQL5, an object-oriented language, with a multi-threaded strategy tester that can test several instruments at once and use real tick data. The right choice for new automation projects on MetaTrader.

Desktop, web and mobile

Windows desktop is the full product and runs on macOS and Linux through compatibility layers. The web terminal covers trading and charts; mobile apps cover trading, charts and alerts.

Brokers offering MetaTrader 5

IC Markets 9.5/10

Tier-one regulated ASIC, CySEC, Seychelles FSA, Bahamas SCB, Kenya CMA

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TabTrade 9.3/10

Unregulated Financial Services Commission Mauritius, Investment Dealer, Licence GB26206419

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AvaTrade 9.2/10

Tier-one regulated Central Bank of Ireland, ASIC, BVI FSC, FSCA, Japan FSA, FFAJ, ADGM FSRA, CySEC, CMA Kenya, Israel Securities Authority

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FxPro 9.1/10

Tier-one regulated FCA, CySEC, FSCA, SCB Bahamas, Seychelles FSA

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XM 9.1/10

Tier-one regulated Belize FSC, CySEC, ASIC, DFSA, FSCA

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Markets.com 9.0/10

Tier-one regulated CySEC, FSCA, SVG registration

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Admirals 8.9/10

Tier-one regulated FCA, CySEC, ASIC, FSCA, Seychelles FSA, JSC Jordan, CMA Kenya, EFSA

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Eightcap 8.7/10

Tier-one regulated ASIC, FCA, CySEC, SCB Bahamas, Seychelles FSA, Mauritius FSC

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easyMarkets 8.6/10

Tier-one regulated CySEC, ASIC, Seychelles FSA, BVI FSC, FSCA

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HF Markets 8.5/10

Tier-one regulated FCA, CySEC, FSCA, Seychelles FSA, CMA Kenya, DFSA, Mauritius FSC

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MultiBank Group 8.5/10

Tier-one regulated ASIC, MAS, CySEC, CIMA, UAE SCA/CMA, Mauritius FSC, Seychelles FSA, Vanuatu VFSC, plus additional group registrations/licences

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FXTM 8.3/10

Unregulated FSC Mauritius, FSCA South Africa, CMA Kenya

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GO Markets 8.3/10

Tier-one regulated ASIC, CySEC, FSC Mauritius

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ThinkMarkets 8.2/10

Tier-one regulated ASIC, FCA, CySEC, FSCA, Seychelles FSA, DFSA, CIMA, Mauritius FSC, New Zealand FMA

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Capital.com 7.9/10

Tier-one regulated FCA, ASIC, CySEC (319/17, 463/25), Securities Commission of The Bahamas, UAE Capital Market Authority

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FP Markets 7.9/10

Tier-one regulated ASIC, CySEC, FSCA, Seychelles FSA, Mauritius FSC, CMA Kenya

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FXOpen 7.9/10

Tier-one regulated FCA, CySEC

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ACY Securities 7.8/10

Tier-one regulated ASIC, FSCA South Africa, ACY Capital LLC registered in Saint Vincent, the Grenadines

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Axi 7.8/10

Tier-one regulated ASIC, FCA, New Zealand FMA, DFSA

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Fusion Markets 7.8/10

Tier-one regulated ASIC, Seychelles FSA, Vanuatu VFSC

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46 more brokers offer MetaTrader 5; filter the broker directory by platform to see them all.

Prop firms offering MetaTrader 5