CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

MetaTrader 5 Brokers, Ranked by Dossier Score

Regulated forex brokers that offer MetaTrader 5, ordered by how well the entity serving your country is regulated.

This list shows the brokers in our database that offer MetaTrader 5 and hold at least one tier 1 or tier 2 licence. The order is set by Dossier Score for your country, not by commission.

What to check before choosing

A platform works the same at every broker; the account behind it does not. Compare the entity that would serve you, the pricing model of the MetaTrader 5 account, and whether the broker allows your trading style. Read our MetaTrader 5 guide for what the platform does well and where it falls short.

How this list is ranked: brokers must match the criteria above and hold at least one tier 1 or tier 2 licence. They are then ordered by Dossier Score. Measured trading cost is not part of the ranking yet. Methodology.

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
1 Swissquote Founded 1996 Listed Bank 89 Swissquote Bank Ltd FINMA Tier 1 $1,000 MT4MT5Own platform Review Visit site
2 FOREX.com Founded 2001 Listed 62 GAIN Global Markets Inc. CIMA #25033 Tier 3 (offshore) $100 Own platformMT4MT5TradingView Review Visit site
3 OANDA Founded 1996 54 OANDA Global Markets Ltd BVI FSC Tier 3 (offshore) $0 Own platformMT4MT5TradingView Review Visit site
4 Pepperstone Founded 2010 54 Pepperstone Markets Limited SCB #SIA-F217 Tier 3 (offshore) $0 MT4MT5cTraderTradingView Review Visit site
5 AvaTrade Founded 2006 50 Ava Trade Markets Ltd BVI FSC #SIBA/L/13/1049 Tier 3 (offshore) $100 MT4MT5Own platform Review Visit site
6 Admirals Founded 2001 48 Admirals SC Ltd FSA Seychelles #SD073 Tier 3 (offshore) $100 MT4MT5 Review Visit site
7 ThinkMarkets Founded 2010 48 TF Global Markets Int Limited FSA Seychelles #SD060 Tier 3 (offshore) $0 MT4MT5TradingViewOwn platform Review Visit site
8 Eightcap Founded 2009 46 Eightcap Global Ltd SCB #SIA-F220 Tier 3 (offshore) $100 MT4MT5TradingView Review Visit site
9 Vantage Founded 2009 46 Vantage Global Limited VFSC #700271 Tier 3 (offshore) $50 MT4MT5TradingViewOwn platform Review Visit site
10 Exness Founded 2008 42 Exness (SC) Ltd FSA Seychelles #SD025 Tier 3 (offshore) $10 MT4MT5Own platform Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.

CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.