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Metatrader 5 is one of the most advanced forex trading platform in the world. While many brokers offer a MT5 platform, there is a huge difference between the trading experience on Metatrader 5 depending on the broker you choose.
A good MT5 forex broker will have low spreads, ultra fast execution, a wide range of assets and a very good reputation. If you want to trade using the MT5 platform for PC, MAC, iOS or Android, you should choose one of the brokers above in order to benefit from the best MT5 trading conditions in the world.
Our rating of forex brokers is comprised of five tiers:
Tier 1 - A score between 80 and 100
Tier 2 - A score between 60 and 79
Tier 3 - A score between 40 and 59
Tier 4 - A score between 20 and 39
Tier 5 - A score between 1 and 19
Below you will find the major forex brokers ranked under five tiers, from best (Tier 1) to worst (Tier 5):
What does each tier represent? See below:
Tier 1 - The best of the best. Why settle for less?
Tier 2 - Good, reliable and honest. Good enough for most traders.
Tier 3 - Decent brokers, but nothing special about them.
Tier 4 - Poor quality brokers. Can give you headaches if you use them.
Tier 5 - Suspicious. Better to avoid, as there are plenty of safer options.
Since there are several high tier brokers, we think it is not worth the risk working with a lower tier one. While low tier brokers can also offer decent services, you will generally find much better conditions with those that are high rated.
We hope that our comparison will prove useful, and we wish you good luck in your trading activities.
Risk Warning: Forex and CFD trading is risky and can result in the loss of your entire investment. Trading with leverage involves risks that some people may not fully understand. It is not recommended to trade leveraged products unless fully understanding the risks. Never trade with money you cannot afford to lose.
Disclaimer: The information on this website is for informational purposes only and does not represent a recommendation from our part. We are not liable for any loss that you may incur from trading with any of the brokers presented on this page. This website is not intended for people residing in the United States of America or any other country where forex trading is illegal.