MT5 Brokers

Metatrader 5 (MT5) is an upgraded version of the forex industry's most popular kid – Metatrader 4, however this platform has a slightly different target in mind: it is designed for trading commodities and stocks, rather than forex. Which is not to say it's no good for trading currencies – on the contrary. 
MT5 features most of the goodness of its predecessor, and more – it comes with 79 technical analysis tools, 21 chart time frames, and the possibility to open up to 100 charts simultaneously. 
A MQL5 programming environment is built in straight into the platform to facilitate creating custom technical indicators and trading robots (Expert Advisors, or EAs). 
Strategy-wise, MT5 is similar to MT4 as it supports all types of orders – market, pending and stop. There are two major differences from MT4, though: first off, hedging is not allowed. This means that if you open a long and a short position of the same contract size for the same currency pair, this will result in a zero position. Secondly, MT5 complies with the CFTC's FIFO (First-In-First-Out) 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.
Below is a list of MT5 forex brokers. Many brokers still only offer demo MT5 accounts, but plenty also support live accounts on the platform. 
For MT4 forex brokers list click here

MT5 Brokers

Broker Country Regulation Leverage Min.deposit Review
Cyprus CySec 1:1000 $5 Review Website
UK, Cyprus FCA, CySEC 1:500 $100 Review Website
UK, Cyprus FCA, CySec 1:888 $5 Review Website
Belize IFSC 1:200 $100 Review Website
Cyprus CySEC 1:400 $300 Review Website
Belize IFSC 1:3000 $1 Review Website
Australia ASIC 1:500 $200 Review
Cyprus, Belize CySec 1:1000 $1 Review
Malta MFSA 1:50 $250 Review
Bulgaria FSC, FCA, CNMV, BaFIN 1:200 N/A Review
FCA 1:400 $100 Review
Montenegro No 1:100 $1 Review
Switzerland FINMA 1:500 $2000 Review
Belize IFSC 1:500 $200 Review
1:500 $1 Review
1:50 $500 Review
1:500 $1 Review
UK, Cyprus, Australia, Estonia FCA, CySEC, ASIC, EFSA 1:500 $200 Review
Australia, UK ASIC 1:200 $200 Review
Cyprus CySec 1:500 $50 Review
Mauritius, Cyprus FSC, CySEC 1:500 $5 Review
BVI FSC 1:400 $300 Review
Czech Republic CNB Review
Cyprus CySEC 1:500 $200 Review
Belize, SVG IFSC 1:1000 $1 Review
Cyprus CySEC 1:400 $100 Review
Cyprus CySEC 1:100 $2000 Review
Russia Bank of Russia 1:50 $2000 Review
Cyprus CySEC 1:200 None Review
Bulgaria FSC 1:200 $100 Review
Indonesia BAPPEBTI 1:400 $500 Review
Cyprus CySec 1:2000 $1 Review
US CFTC/NFA 1:50 $1 Review
USA. New Zealand FMA 1:500 $200 Review
St. Vincent N/A 1:500 $100 Review
Russia Central Bank of Russia 1:1000 $1 Review
1:300 $100 Review
SVG N/A 1:100 $1 Review
Philippines N/A 1:300 $250 Review
Belize None 1:1000 $5 Review
Vanuatu None 1:300 $200 Review
SVG None 1:200 $1 Review
SVG N/A 1:500 $1 Review
Vanuatu VFSC 1:1000 VFSC Review
UK N/A 1:100 $200 Review
Vanuatu VFSC 1:1000 None Review
Cyprus VFSC 1:400 N/A Review

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