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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
www.4xp.com		$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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