Intro and winners
Check out the top pros of the best Metatrader 5 brokers available in the United States, updated for 2025:
- Fusion Markets is the best MetaTrader 5 broker in 2025. - Low trading and non-trading fees. Fast and easy account opening. Great customer service.
- Hantec Markets - Low forex and CFD fees. No deposit or withdrawal fees. Extensive forex and CFD offering.
- IC Markets - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
- Pepperstone - Fast and fully digital account opening. Seamless and free deposit and withdrawal. Great educational materials.
- GO Markets - Low forex and CFD fees. Fast account opening. Great educational tools.
- Tickmill - Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
- Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
- FP Markets - Low forex fees. Easy and fast account opening and funding. Great education tools.
- Eightcap - Low forex fees. Seamless, quick account opening. Free deposit and withdrawal.
- TMGM - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
Key features of the best MetaTrader 5 brokers
While many online brokers that work with the MetaTrader 5 platform offer an excellent service, the ones in our top list go the extra mile.
| Broker | MT4 available | MT5 available |
|---|---|---|
| Fusion Markets | ||
| Hantec Markets | ||
| IC Markets | ||
| Pepperstone | ||
| GO Markets | ||
| Tickmill | ||
| Admirals (Admiral Markets) | ||
| FP Markets | ||
| Eightcap | ||
| TMGM |
Popularity of the best MetaTrader 5 brokers
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Trading fees at the best MetaTrader 5 brokers
In most cases, the key broker selection criteria is how much you have to pay for a trade in spreads, commissions and other trading costs, so we collected the most important forex spreads in the table below to help with your calculations.
| Broker | EURUSD spread | GBPUSD spread |
|---|---|---|
| Fusion Markets | 0.0 | 0.0 |
| Hantec Markets | 0.5 | 0.6 |
| IC Markets | 0.0 | 0.0 |
| Pepperstone | 0.1 | 0.2 |
| GO Markets | 0.2 | 0.5 |
| Tickmill | 0.1 | 0.3 |
| Admirals (Admiral Markets) | 0.1 | 0.5 |
| FP Markets | 0.1 | 0.5 |
| Eightcap | 0.1 | 0.2 |
| TMGM | 0.1 | 0.1 |
If you are unsure how brokerage fees work, check out this article on the various fees, charges and costs.
Service fees at the top MetaTrader 5 brokers
Serivce or non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Broker | Account fee | Inactivity fee |
|---|---|---|
| Fusion Markets | ||
| Hantec Markets | ||
| IC Markets | ||
| Pepperstone | ||
| GO Markets | ||
| Tickmill | ||
| Admirals (Admiral Markets) | ||
| FP Markets | ||
| Eightcap | ||
| TMGM |
Recommended for forex traders looking for low fees and a chance to use the MetaTrader 4 platform
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74-89% of retail CFD accounts lose money
| Fusion Markets snapshot | |
|---|---|
| Mobile app score | 3.8 stars |
| Minimum deposit | $0 |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku |
| Read review | For a detailed analysis of Fusion Markets services, check out our review for 2025. |
Recommended for traders who prefer the MetaTrader platform and value a reliable mobile trading experience for trading on the go
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58% of retail CFD accounts lose money
| Hantec Markets snapshot | |
|---|---|
| Mobile app score | 4.4 stars |
| Minimum deposit | $10 |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, Neteller |
| Read review | For a detailed analysis of Hantec Markets services, check out our review for 2025. |
Recommended for forex and CFD traders who value easy account opening and free deposit/withdrawal options
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70.64% of retail CFD accounts lose money
| IC Markets snapshot | |
|---|---|
| Mobile app score | 3.8 stars |
| Minimum deposit | $200 |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna |
| Read review | For a detailed analysis of IC Markets services, check out our review for 2025. |
Recommended for forex traders looking for great account opening and customer service
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75.1% of retail CFD accounts lose money
| Pepperstone snapshot | |
|---|---|
| Mobile app score | 3.8 stars |
| Minimum deposit | $0 |
| Deposit methods | Bank transfer, Credit/debit cards, POLi, BPay, PayPal, Neteller, Skrill, Union Pay, MPESA+FaceID |
| Read review | For a detailed analysis of Pepperstone services, check out our review for 2025. |
Recommended for forex traders who like the MetaTrader platform
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72% of retail CFD accounts lose money
| GO Markets snapshot | |
|---|---|
| Mobile app score | 3.8 stars |
| Minimum deposit | $0 |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, Neteller |
| Read review | For a detailed analysis of GO Markets services, check out our review for 2025. |
Recommended for forex traders looking for low fees who are familiar with the MetaTrader 4 platform
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74% of retail CFD accounts lose money
| Tickmill snapshot | |
|---|---|
| Mobile app score | 3.8 stars |
| Minimum deposit | $100 |
| Deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal |
| Read review | For a detailed analysis of Tickmill services, check out our review for 2025. |
Recommended for forex traders who are familiar with the MetaTrader trading platforms
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74% of retail CFD accounts lose money
| Admirals (Admiral Markets) snapshot | |
|---|---|
| Mobile app score | 4.3 stars |
| Minimum deposit | $100 |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong, Perfect Money |
| Read review | For a detailed analysis of Admirals (Admiral Markets) services, check out our review for 2025. |
Recommended for forex and CFD traders familiar with the MetaTrader and IRESS trading platforms
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72.5% of retail CFD accounts lose money
| FP Markets snapshot | |
|---|---|
| Mobile app score | 3.8 stars |
| Minimum deposit | $50 |
| Deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal, Asia Banks, Sticpay, fasapay, Virtual Pay, Rupee Payments, Rapyd, Perfect Money, pagsmile, Cryptocurrency Solution, Crypto (finrax), mybux, ypay, Apple Pay, Google Pay, B2Binpay |
| Read review | For a detailed analysis of FP Markets services, check out our review for 2025. |
Recommended for forex traders who prefer the MetaTrader platform
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74-89% of retail CFD accounts lose money
| Eightcap snapshot | |
|---|---|
| Mobile app score | 3.8 stars |
| Minimum deposit | $100 |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, Neteller, PayPal, Wise, PayRetailers, fasapay, WorldPay, uPOP, BPay, POLi Payment |
| Read review | For a detailed analysis of Eightcap services, check out our review for 2025. |
Recommended for forex traders who prefer the MetaTrader platform
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80.26% of retail CFD accounts lose money
| TMGM snapshot | |
|---|---|
| Mobile app score | 3.8 stars |
| Minimum deposit | $100 |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, Neteller, fastpay, UND&PHP ewallet, MYR QR, Revolut, Wise, Asia Instant Pay |
| Read review | For a detailed analysis of TMGM services, check out our review for 2025. |
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How did BrokerChooser pick the best brokers for MetaTrader 5?
- We checked whether the broker is overseen by a trusted regulator,
- Compared fees (including spreads, withdrawal fee, commission),
- Paid special attention to forex and CFD fees,
- Tested the MetaTrader 5 platform at each broker,
- Checked the number of currency pairs available for trading,
- Opened an account and tested the services (charting, features, usability) with real money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.
FAQ
What is a MetaTrader 5 broker?
A MetaTrader 5 broker is an online broker that connects you to MetaTrader, which is a popular trading platform developed by MetaQuotes Software Corp. MetaTrader has two versions: MetaTrader 4 and MetaTrader 5.
MetaTrader 4, released in 2005, is designed primarily for forex trading. MT4 is the most widely used platform in forex trading.
MetaTrader 5, released in 2010, is a multi-asset platform that allows you to trade stocks, bonds, options, and futures besides forex. Note that the platform is like an empty shell, your broker determines which specific products and financial markets you have access to on the platform. MT5 is great for advanced technical analysis and trading strategy thanks to the vast amount of technical analysis tools.
The brokers in our top list provide access to the same trading platform. However, there are differences in pricing or in the number of available markets or products. Therefore, it is important to choose the MetaTrader broker that offers the best conditions for you.
If you want a deeper understanding of how these trading platforms work, check out this detailed analysis of the MetaTrader platforms, tested by our team of experts.
Can MetaTrader 5 be trusted?
Yes, MetaTrader 5 is a fully legitimate trading platform used by millions of traders worldwide. A large number of online brokers work with MetaTrader 5, meaning their clients trade on this platform.
What is the minimum deposit for MetaTrader 5?
The amount of the minimum deposit will depend on your broker, it is not set by MetaTrader 5. Some online brokers do not require a minimum deposit when you open an account with them, others do, and the amount typically ranges from $20 to a couple thousand dollars. Note that most brokers require a minimum deposit if you want to open a margin account.
Which is the best Metatrader 5 broker?
These are the top MetaTrader 5 brokers in the world in 2025:
- Fusion Markets - Low trading and non-trading fees. Fast and easy account opening. Great customer service.
- Hantec Markets - Low forex and CFD fees. No deposit or withdrawal fees. Extensive forex and CFD offering.
- IC Markets - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
- Pepperstone - Fast and fully digital account opening. Seamless and free deposit and withdrawal. Great educational materials.
- GO Markets - Low forex and CFD fees. Fast account opening. Great educational tools.
- Tickmill - Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
- Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
- FP Markets - Low forex fees. Easy and fast account opening and funding. Great education tools.
- Eightcap - Low forex fees. Seamless, quick account opening. Free deposit and withdrawal.
- TMGM - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
Want to understand the MetaTrader 5 platforms in more detail?
Check out these articles written by our brokerage and trading experts:
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
