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MT5 Brokers

Metaquotes released Metatrader 5 (MT5) on June 1 2010, after almost eight months of beta testing. To meet the US regulatory requirements, Metaquotes re-designed the entire position management module. In result hedging on MT5 was prohibited and traders are no longer enabled to keep opposite positions in the same currency pair. Unlike MT4, buying and selling the same currency pair on MT5 result in zero position. 
 
In addition MT5 position management is complied with the CFTC First-In-First-Out (FIFO) rule. For instance, if you hold 1 lot long EUR/USD @ 1.3000 and then buy another lot EUR/USD @ 1.3200, you will see just one open position in your MT5 account: 2 lots long EUR/USD @ 1.3100. In case of closing just one lot, the first open lot is considered closed.
 
If you are choosing between MT5 and MT5 right now, check our MT4 vs MT5 cheat sheet. 
 
Below is a list of MT5 forex brokers. Only 4 of the brokers listed below offer Live MT5 accounts: Vantage FX, Nord FX, InstaForex and LiteForex
 
For MT4 forex brokers list click here
 


MT5 Brokers

Broker Regulated Min deposit Leverage Spread Promotion
$100 1:300 1 pip 1 pip spread
on all majors
$2000 1:500 2 pips
$1 1:50 1 pip 10% Bonus
$200 1:500 1.6 pips 100% Bonus
$250 1:50 2 8% Bonus
$10 1:500 2 pips 30% Bonus
$25 1:400 2 pips
$5 1:500 from 0 $8 bonus
no deposit
$10 1:200 0.8 pips 25% Bonus
on first deposit
$1 1:500 0.8 pips
$10 1:1000 3 pips 30% Bonus
$1 1:500 1
$1 1:500 1 pips
$350 1:50 1.5 pips 100% bonus
$250 1:400 2
$1 1:500
$100 1:1000 1 pip
$100 1:200 2 pips
$10 1:500 2 pips 25% Bonus
$1 1:500 1 pip
$200 1:200 1 pips
$100 1:100 1 pip
$200 1:500 from 0
$100 1:400 2 pips
$1 1:500 2 pips 50%
of spreads
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