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AlphaScala

Best Brokers for MetaTrader 5 (2026)

MT5 brokers with multi-asset support and advanced order types. We compared 8 brokers by regulation, spreads, platform quality, and features.

Quick Answer

IC Markets is the best MT5 broker in 2026, with multi-asset support, advanced order types, and the same raw ECN pricing available on MT4.

1
IC MarketsNot yet reviewed
ASIC, CySEC, SCB
Spreads from 0.0 pipsMin deposit $200Leverage 1:500
True ECN Deep liquidity Scalping friendly
Best for: Scalpers and high-volume traders needing the tightest spreads
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2
PepperstoneNot yet reviewed
FCA, ASIC, CySEC
Spreads from 0.0 pipsMin deposit $0Leverage 1:500
No min deposit Active Trader program Smart Trader Tools
Best for: Experienced traders who want zero minimum deposit and pro tools
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3
Vantage
4.4
ASIC, FCA
Spreads from 0.0 pipsMin deposit $50Leverage 1:500
Raw ECN spreads Copy trading Free VPS
Best for: Active traders wanting raw ECN spreads and copy trading
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4
FP MarketsNot yet reviewed
ASIC, CySEC
Spreads from 0.0 pipsMin deposit $100Leverage 1:500
DMA pricing Stock CFDs IRESS platform
Best for: Stock CFD traders who want DMA pricing and IRESS
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5
XM
4.4
CySEC, ASIC, IFSC
Spreads from 0.6 pipsMin deposit $5Leverage 1:1000
Micro accounts $30 bonus Free education
Best for: Beginners with small accounts who want strong education
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6
EightcapNot yet reviewed
ASIC, FCA, SCB
Spreads from 0.0 pipsMin deposit $100Leverage 1:500
TradingView integration Crypto CFDs AI tools
Best for: TradingView users who trade crypto and traditional markets
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7
FBSNot yet reviewed
CySEC, ASIC, IFSC
Spreads from 0.5 pipsMin deposit $1Leverage 1:3000
Cent accounts Copy trading Cashback program
Best for: Traders starting with very small capital ($1 minimum)
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8
eToroNot yet reviewed
FCA, CySEC, ASIC
Spreads from 1.0 pipsMin deposit $50Leverage 1:30
Social trading Copy traders Real stocks
Best for: Social traders who want to copy top performers
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Where a page ranks brokers, the order is our editorial assessment of regulation, trading conditions, and features; country lists not yet verified for that country are listed A to Z and are not rankings. Prop firms (funded-account challenges) are not brokers and are not listed here. Commission we may earn does not affect the order. Trading involves risk. Affiliate links may generate commission at no extra cost to you.