3 Best MT5 Forex Brokers in USA
The 3 Best MT5 Forex Brokers for US Clients – Rated and Reviewed. We have listed the Best Forex Brokers with MT5 accepting traders in the United States.
| Broker | Website | |
|---|---|---|
| 🥇 |  | Visit Broker |
| 🥈 |  | Visit Broker |
| 🥉 |  | Visit Broker |
| 4 |  | Visit Broker |
| 5 |  | Visit Broker |
| 6 |  | Visit Broker |
| 7 |  | Visit Broker |
In this in-depth guide, you will learn:
- The Best MetaTrader 5 (MT5) Forex Brokers that Accept US Traders – a List
- Is MT5 Forex Brokers Legit?
- What is the MetaTrader 5 Minimum Deposit?
- MT4 or MT5 – What is Best?
- The Best MT5 Forex Brokers for Beginners in the USA.
and much, MUCH more!
3 Best MT5 Forex Brokers – a Comparison
| 🔎 Broker | 🚀 Open an Account | 🤝 Accepts US Clients | 💶 Min. Deposit |
| 🥇 OANDA | 👉 Click Here | ✅Yes | None |
| 🥈 Forex.com | 👉 Click Here | ✅Yes | 50 USD |
| 🥉 Trading.com | 👉 Click Here | ✅Yes | 50 USD |
3 Best MT5 Forex Brokers in the USA (2024)
- ☑️ Oanda – Overall, The Best MT5 Forex Broker in the US.
- ☑️ Forex.com – The Best Forex Broker for Beginners.
- ☑️ Trading.com – Best New Online Trading Experience for US traders.
OANDA
OANDA is an award-winning Forex and CFD service provider with a global reach. The Broker is regulated by several global entities, including the NFA. Moreover, US Clients are accepted without restriction. The OANDA account selection includes:
- Standard Account
- Core Account
- Premium Account
- Premium Core Account
No Minimum deposit is required to open an OANDA live trading or demo account. In addition, Islamic, Swap-Free trading is supported.
| 🔎 Broker | 🥇 OANDA |
| 💶 Minimum Deposit | None |
| 📌 Account Types | Standard, Elite Trader |
| 🆓 Demo Account | ✅Yes |
| 🎁 Bonus Offers | ✅Yes |
| ✏️ Education | ✅Yes |
| 📲 Mobile Trading | ✅Yes |
| 🖱️ Trading Platform | MetaTrader 4 |
| 🚀Open an Account | 👉 Click Here |
Trading Platforms
Trading Platforms supported include MetaTrader 4, MetaTrader 5, and, the FxTrade Mobile App. Notable factors and features of the MT5 option include:
- Available for Web, Desktop, and Mobile
- Advanced Trading Tools
- Improved Charting Capabilities
- One-Click Trading
- Automated Trading Strategies
and much more!
Pros and Cons
| ✅ Pros | ❌ Cons |
| Great trading platforms | Only FX and CFD available for most clients |
| Outstanding research tools | Lacking Customer Support |
| Low trading fees | Inactivity fee |
Our Insights
OANDA offers a good overall trading platform selection. Beginner and Established Traders will benefit from MetaTrader 5 and its impressive list of features.
Forex.com
Forex.com is a trusted Brokerage regulated by several entities. Regulations by renowned and trusted agencies include the CFTC. Account Types supported are:
- Spread Only Account
- RAW Pricing Account
- MT4 Account
- MT5 Account
- Corporate Account
In addition, a Virtually Funded Demo Account is available. The Minimum Deposit required to open a Forex.com Live Trading account is 100 USD.
| 🔎 Broker | 🥇Forex.com |
| 💰 Min. Deposit | $100 USD |
| 📈 Spreads from | 0.1 |
| 📉 Commissions | ✅ Yes |
| 💴 Inactivity Fee | ✅ Yes |
| 💶 Deposit Fee | ✅ Yes - Third-Party |
| 💵 Withdrawal Fee | ✅ Yes - Third-Party |
| 💻 Trading Platforms | MT4, MT5, Proprietary |
| 🆓 Demo Account | ✅ Yes |
| 🚀 Open an Account | 👉 Click Here |
Trading Platforms
Trading Platforms supported by Forex.com include TradingView, MetaTrader 4, and, MetaTrader 5. In addition, a proprietary online Trading Platform and Mobile App is available for download. Notable factors and Features of MetaTrader 5 include:
- Access to 15 Custom Indicators
- Over 300 CFD Stocks
- Simple Search Function
- Nine EAs including Sentiment Trader
- Over 20 Trading Tools
and much more!
Pros and Cons
| ✅Pros | ❌Cons |
| Low Forex Fees | Limited to Forex and CFDs |
| Variety of Currency Pairs | High Stock CFD fees |
| Diverse technical tools | Not user friendly |
Our Insights
Broker Highlights include a good selection of proprietary and third-party trading platforms. Moreover, the Broker is well-known for its Financial Transparency.
Trading.com
Trading.com is a well-regulated and Popular Forex and CFD Broker in the United States, and, across the Globe. In addition, it is a registered RFED with CFTC and a Member of the NFA. An all-in-one, T1 Account is available, with a 50 USD Minimum deposit requirement.
In addition, an Islamic, Swap-Free Account and Demo Trading Option are available.
| 🔎 Broker | 🥇 Trading.com |
| 💴 Min. Deposit | 50 USD |
| ⏰ Customer Support | 24/5 |
| 4️⃣ MetaTrader 5 | ✅Yes |
| 5️⃣ MetaTrader 4 | None |
| 🎁 No Deposit Bonus | ✅Yes |
| ⭐ Accounts | T1 Account |
| ☪️ Islamic Option | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Trading Platforms
Trading Platforms supported by Trading.com include WebTrader, a Proprietary Mobile App, and, MetaTrader 5. Notable Features of MT5 include:
- Access to Over 21 Timeframes
- A comprehensive list of Technical Indicators
- Drawing Tools
- Ability to create synthetic currency pairs and custom indices
- Fast Response Times
- Efficient Order Processing
and much more!
Pros and Cons
| ✅Pros | ❌Cons |
| Bonus Offers | Single Account Option |
| Low Min. Deposit | Limited Trading Platforms |
| MetaTrader 5 | No MetaTrader 4 |
Our Insights
The Benefits of Trading.com include access to Bonus Offers, Educational Resources, and, Responsive Customer Support. However, the Broker offering is limited to a single trading account and a limited selection of trading platforms.
What is MetaTrader 5?
MT5 or MetaTrader 5 is a platform for Forex, Stocks, CFDs, and, Futures trading. Key benefits of using MT5 include Advanced Trading Tools, Enhanced Charting capabilities, and, comprehensive analytical tools.
In Conclusion
MetaTrader 5 (MT5) offers access to a wide range of Technical Tools and Indicators, automated trades, Expert Advisors (EAs), and, trading Robots. It is available to both Novice and experienced traders.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
| 🥈 | | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
| 🥉 | | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker |
| 4 | | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 | | Read Review | FSC, FSA, VFSC | USD 10 | Visit Broker |
| 6 | | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
| 7 | | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker |
| 8 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
| 10 |  | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best MetaTrader 5 Forex Brokers that accept US Traders, we found 3 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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Faq
MT5 or MetaTrader 5 is a platform for Forex, Stocks, CFDs, and, Futures trading.
Key benefits of using MT5 include Advanced Trading Tools, Enhanced Charting capabilities, and, comprehensive analytical tools.
MetaTrader 4 and MetaTrader 5 are available.
Broker Regulations by renowned and trusted agencies include the CFTC, and, it accepts US Clients.
The Trading.com minimum deposit is 50 USD.
| Broker | Website | |
|---|---|---|
| 🥇 | | Visit Broker |
| 🥈 | | Visit Broker |
| 🥉 | | Visit Broker |
| 4 | | Visit Broker |
| 5 | | Visit Broker |
| 6 | | Visit Broker |
| 7 | | Visit Broker |
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