#1
One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.
- Min deposit:
- $200
- Leverage:
- 1:500
- EUR/USD:
- 0.10 pips
- Commission:
- $7/lot
Best MT5 Forex Brokers
Top MetaTrader 5 forex brokers ranked by trust score and trading costs.
Top 10 brokers — best mt5 forex brokers
#2
Award-winning Australian broker, top choice for cTrader and algo traders. Razor account offers raw spreads with $7/lot commission.
- Min deposit:
- $200
- Leverage:
- 1:500
- EUR/USD:
- 0.09 pips
- Commission:
- $7/lot
#3
One of the most trusted forex brokers worldwide. Founded 1996, regulated by 6+ tier-1 authorities including US CFTC. No minimum deposit, transparent pricing, deep institutional liquidity.
- Min deposit:
- $0.00
- Leverage:
- 1:200
- EUR/USD:
- 0.30 pips
- Commission:
- $0.00/lot
#4
Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.
- Min deposit:
- $100
- Leverage:
- 1:500
- EUR/USD:
- 0.10 pips
- Commission:
- $6/lot
#5
StoneX Group subsidiary. Strong US presence with CFTC-NFA regulation. Raw account with 0.0 pips spread plus $5/lot commission.
- Min deposit:
- $100
- Leverage:
- 1:400
- EUR/USD:
- 0.20 pips
- Commission:
- $5/lot
#6
AU-headquartered broker with strong global presence. Competitive Raw account, copy trading via DupliTrade and ZuluTrade integration.
- Min deposit:
- $50
- Leverage:
- 1:500
- EUR/USD:
- 0.20 pips
- Commission:
- $6/lot
#7
Cost-leader broker with industry-low $4/lot commission on Pro account. FCA regulated. No-frills, execution-focused broker for serious traders.
- Min deposit:
- $100
- Leverage:
- 1:500
- EUR/USD:
- 0.10 pips
- Commission:
- $4/lot
#8
New Zealand-headquartered broker, FMA regulated. ECN execution with no minimum deposit on Standard account. Excellent fit for NZ residents.
- Min deposit:
- $0.00
- Leverage:
- 1:500
- EUR/USD:
- 0.10 pips
- Commission:
- $6/lot
#9
20+ year established London broker. Multiple platforms including cTrader, MT4, MT5, and own FxPro platform. Strong execution with No Dealing Desk model.
- Min deposit:
- $100
- Leverage:
- 1:500
- EUR/USD:
- 0.20 pips
- Commission:
- $7/lot
#10
Massive global broker with industry-best instant withdrawals. Extreme leverage available (up to 1:Unlimited on some accounts). Strong in Asia, Africa, and Latin America.
- Min deposit:
- $10
- Leverage:
- 1:2000
- EUR/USD:
- 0.30 pips
- Commission:
- $7/lot
FAQ
How do you rank brokers in this category?
We weight regulation, trust score, EUR/USD spread, commission per lot, platform support, and execution policy. We never accept payment for ranking.
Are these brokers safe?
All brokers in our top picks are regulated by at least one tier-one authority (ASIC, FCA, FMA, CySEC, or MAS). Always verify the entity you're signing up with — many brokers run multiple legal entities with different protections.
Do you earn a commission?
Yes. We earn an affiliate commission when you sign up through our links, at no extra cost to you. This funds the site and never affects our rankings.