Trading on MetaTrader 5 is becoming more and more popular because it is a unique multi-market platform, which allows users to make trades on the stock exchange, Forex, and futures markets. So, you can get everything the financial market can offer you using only one trading platform.
To provide profitable trading on MetaTrader 5, it is necessary to find a trustworthy brokerage company.
How to recognize an experienced and reliable broker today? Pay attention to the following factors:
· Reputation and duration of work
· Number of offered trading instruments
· Spreads, commissions, and fees
· Withdrawal limits
· Provided trading modes
· Main regulations
· Speed of transactions
· Support service quality
Focusing on these criteria, it will not be complicated to define the best broker for MetaTrader 5 trading.
To make the selection even easier, concentrate on industry leaders. Today, there are the five top MetaTrader 5 brokerage companies:
· RoboForex
· Admiral Markets
· AVATrade
· Vantage
· FP Markets
RoboForex
Main features:
· Availability of Copy trading
· Eight asset classes
· Great choice of trading tools
· Leverage level — 1:500
· The lowest investment sum — $10
· Diverse types of accounts
Admiral Markets
Main features:
· Provision of the advanced variant of MetaTrader 5 — MetaTrader Supreme Edition, which presents new indicators like Central Trading analytics and sentiment instrument
· Leverage level — 1:500
· Min first investment sum — $100 for European, $250 for UK traders, and $25 for all other users
· Low spreads
· Availability of installation of expert advisors and VPS connecting to the MT5
AVATrade
Main features:
· Tight fixed spreads
· Leverage level — 1:400
· The lowest deposit sum — $100
· Zero deposit and payout fees
Vantage
Main features:
· The most flexible trading platform due to the availability of three types of MetaTrader 5 accounts
· The lowest investment amount — $200 (for US users — $500)
· Tight spreads
· Focused on experienced traders
· Leverage level — 1:500
· Over 40 currency pairs
· Additional instrument — Smart Trader Tools, which presents the market situation analytics
FP Markets
Main features:
· The use of new technologies assures low latency
· Min sum of the first investment — $100
· Leverage level — 1:500
· Copy trading
· Possibility of VPS use for Forex trading and EAs installation