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Forex MT5 Brokers

IFC Markets
Overall
Summary
Pros/Cons

IFC Markets is a 61% trusted from users ratings

Regulators :CySEC
Country :United Kingdom United Kingdom
Established :2006
Max. Leverage :1:400
Trading Platform :MT4, MT5
US Clients :
Min. Deposit :1 USD

Pros

  • Innovative trading solutions
  • Well-regulated
  • Competitive spreads

Cons

    WELTRADE
    Overall
    Summary
    Pros/Cons

    WELTRADE is a 51% trusted from users ratings

    Regulators :IFSC
    Country :Seychelles Seychelles
    Established :2006
    Max. Leverage :1:500
    Trading Platform :Desktop, Mobile, MT4, MT5
    US Clients :
    Min. Deposit :25 USD

    Pros

    • beneficial trading conditions;
    • a wide range of financial instruments for trading: currency pairs, indices, stocks, goods, cryptocurrencies;
    • ability to open different types of accounts, depending on clients’ goals and expertise;
    • individual account for cryptocurrency trading;

    Cons

    • the minimum deposit is $25;
    • no PAMM investments;
    • withdrawals can take up to 30 minutes.
    CMC Markets
    Overall
    Summary
    Pros/Cons

    CMC Markets is a 70% trusted from users ratings

    Regulators :FCA
    Country :United Kingdom United Kingdom
    Established :1989
    Max. Leverage :1:200
    Trading Platform :WebTrader
    US Clients :
    Min. Deposit :200 USD

    Pros

    • Low forex fees
    • Great web and mobile platforms
    • Advanced research and educational tools

    Cons

    • High stock CFD fees
    • Only CFDs are available
    • Customer support only 24/5
    FXCC
    Overall
    Summary
    Pros/Cons

    FXCC is a 69% trusted from users ratings

    Regulators :CySEC, MiFID, FCA
    Country :Cyprus Cyprus
    Established :2010
    Max. Leverage :1:150
    Trading Platform :MT4
    US Clients :
    Min. Deposit :100 USD

    Pros

    • CySEC Licensed
    • STP Order Execution
    • Low Spreads

    Cons

    • Limited trading instruments
    • Limited Education
    Axi
    Overall
    Summary
    Pros/Cons

    Axi is a 64% trusted from users ratings

    Regulators :FCA, ASIC
    Country :Australia Australia
    Established :2007
    Max. Leverage :1:400
    Trading Platform :WebTrader, MT4
    US Clients :
    Min. Deposit :0 USD

    Pros

    • Low forex fees
    • No withdrawal/deposit fees
    • Fully digital account opening

    Cons

    • Only forex and CFD trading
    • Limited research tools
    • 24/5 customer service
    FXCM
    Overall
    Summary
    Pros/Cons

    FXCM is a 64% trusted from users ratings

    Regulators :BaFin, FCA
    Country :United Kingdom United Kingdom
    Established :1999
    Max. Leverage :1:200
    Trading Platform :MT4
    US Clients :
    Min. Deposit :50 USD

    Pros

    • Easy Account Setup
    • Good Technical Tools
    • High-Quality Education

    Cons

    • Limited Product Portfolio
    • High Withdrawal Fees
    FP Markets
    Overall
    Summary
    Pros/Cons

    FP Markets is a 73% trusted from users ratings

    Regulators :ASIC
    Country :Australia Australia
    Established :2005
    Max. Leverage :1:500
    Trading Platform :MT4
    US Clients :
    Min. Deposit :200 USD

    Pros

    • Low Forex Fees
    • MetaTrader 4 And 5 Offered
    • Easy, Fast Account Opening

    Cons

    • High Stock CFD Fees
    • High Minimum Deposit For Some Accounts
    eToro
    Overall
    Summary
    Pros/Cons

    eToro is a 69% trusted from users ratings

    Regulators :CySEC, FCA
    Country :Cyprus Cyprus
    Established :2007
    Max. Leverage :1:400
    Trading Platform :WebTrader
    US Clients :
    Min. Deposit :50 USD

    Pros

    • Free stock and ETF trading
    • Seamless account opening
    • Social trading

    Cons

    • High non-trading fees
    • Only one account base currency
    • Customer support should be improved