The MetaTrader 5 is a trading platform developed by MetaQuotes who also designed the popular MetaTrader 4 forex trading platform. The MetaTrader 5 is a great all-around trading platform that can be used to trade forex and a range of CFDs. It can either be downloaded as a desktop platform, used as a web trading portal or accessed on a mobile device.
Today, many CFD and forex brokers offer the MetaTrader 5 platform either on its own or together with the MetaTrader 4. On this page, we’ll walk you through some of the benefits of the MT5, and we will also provide a list of all the regulated MetaTrader 5 brokers that we recommend to our readers.
Check out our guide to trading platforms for more options!
Using the MetaTrader 5
The MetaTrader 5 is a powerful multi-asset trading platform and the first-hand choice for most modern traders. It was developed to complement the already established MetaTrader 4 which is best for forex trading.
In addition to providing some excellent trading opportunities on the world’s leading instruments as CFDs, the MetaTrader 5 can be used for analytic work, price signals, and more.
MetaTrader 5 Compatibility
Besides being powerful and easy to use, one of the reasons why the MetaTrader 5 is so popular in today’s industry is compatibility. You see, MetaTrader 5 brokers can offer the platform in several different versions.
The main platform is a desktop trading platform that you can download to computers running on Mac OS, Windows, and Linux which means most traders have access to it.
If you trade on a shared computer or use a Chromebook or Windows 10 S that doesn’t allow for third-party downloads, you can use the web platform instead. The MetaTrader 5 web trading platform is a little limited compared to the desktop version but still versatile enough to offer you every feature you would need.
As if that wasn’t enough, the MetaTrader 5 also comes in a mobile version. You can download the MT5 mobile platform to Android and iOS devices and trade CFDs on your smartphone, tablet, iPhone or iPad.
As you can see, the MT5 platform can be used by anyone regardless of which device you prefer to trade on.
MetaTrader 5 Brokers
If you’re interested in using the Metatrader 5 for your trading needs, you need to locate a
broker offering the MetaTrader 5. Unfortunately, the MT5 is not as popular as the MetaTrader 4 and the number of brokers offering it is smaller. However, there is still a good selection of MetaTrader 5 brokers that you can choose from and we have listed all of them below.
The Best MetaTrader 5 Brokers:
Follow any of the links above to be directed to our unbiased and detailed broker reviews where you can learn more about their products and services. And if for any reason you don’t find a broker that you like in that list, we suggest you check out our list of MetaTrader 4 forex brokers. Alternatively, you can visit our guide of the best CFD brokers to see if any of the brokers that have developed their own platforms will suit you better.