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Best MT5 Brokers 2026: Which Brokers Actually Run MetaTrader 5

Which brokers really run MetaTrader 5 in 2026? We compare MT5 support, spreads, minimum deposits and regulation across 3 brokers — and name the one that unlocks our signals free.

At a glance

Short answer: all three brokers we rank support MT5 — XS (MT4 and MT5), then Pepperstone with MT4, MT5, cTrader and TradingView, then Capital.com with live and demo MT4 and MT5 accounts that run Expert Advisors for automated trading, and the only one of the three offering a swap-free account to Saudi and UAE residents. All three brokers we rank support MetaTrader 5: XS, Pepperstone and Capital.com. For the widest MT5 set-up, Pepperstone pairs MT5 with MT4, cTrader and TradingView on 0.0-pip Razor spreads under ASIC, FCA and CySEC. XS offers MT4 and MT5 only and is the single broker here that unlocks our trading signals free, via a $400 deposit that stays your own capital. Every signal we publish carries an exact entry, take-profit and stop-loss, so it executes identically on MT5, MT4 or any other platform.

  • All 3 brokers support MT5 — XS, Pepperstone, Capital.com
  • XS runs MT4 and MT5 (no cTrader or TradingView) — and is the only route to our signals free, with a $400 deposit that stays yours
  • Widest MT5 set-up: Pepperstone — MT5 + MT4 + cTrader + TradingView, 0.0-pip Razor spreads, ASIC/FCA/CySEC
  • Lowest deposit: XS has no minimum on its Standard account; Pepperstone starts at $10 and Capital.com at $20
  • MT5 is not simply newer-is-better — MT4 still has the deeper library of indicators and expert advisors
  • Trading is risky. No platform, broker or signal removes that — never trade money you cannot afford to lose

Which brokers support MetaTrader 5 in 2026?

MetaTrader 5 is the platform most signal traders actually execute on, and the first thing worth knowing is that MT5 support is not universal — even among well-known, well-regulated brokers. Of the three brokers we rank, all three run MT5.

XS runs both MetaTrader 4 and MetaTrader 5 and nothing else — no cTrader, no TradingView. Pepperstone and Capital.com support MT4 and MT5 alongside their other platforms.

MetaTrader 5 support, spreads and minimums compared

MetaTrader 5 support, spreads and minimums compared
BrokerMT5MT4Min depositSpreads fromKey regulators
XSYesYes$00.1 pips (Elite, plus commission)ASIC, CySEC, FSCA and others
PepperstoneYesYes$100.0 pipsASIC, FCA, CySEC
Capital.comYesYes$200.6 pipsFCA, CySEC, ASIC

MT5 vs MT4 — what actually changes

MT5 is not simply a newer MT4. They are separate platforms that do not share indicators, expert advisors or account logins. Choosing between them is a real decision, not an upgrade path.

MT5 adds more timeframes (21 against MT4's 9), more order types including true depth-of-market, a built-in economic calendar, and a faster strategy tester. It also handles exchange-traded instruments such as shares more naturally, which is why brokers with broad stock offerings tend to push it.

MT4 remains the older, lighter standard — and it keeps one decisive advantage: the deepest library of third-party indicators and expert advisors anywhere in retail trading. If you already depend on a specific EA or custom indicator, check which platform it was written for before you pick a broker. Porting is not automatic.

For following our signals, either works. Every call we publish states an exact entry, take-profit and stop-loss, and both platforms place all three order types natively. The platform changes the interface, not the trade.

Best MT5 broker for the widest platform choice: Pepperstone

Pepperstone (rank 2 in our broker ranking) offers the broadest platform line-up of any broker we list: MT5, MT4, cTrader and TradingView. Spreads start at 0.0 pips on the Razor account with a clear per-lot commission, and it is regulated by seven authorities including ASIC, FCA and CySEC — making it, alongside Capital.com, one of the two FCA-regulated brokers on our list.

That combination suits two groups in particular: traders who want MT5 but are not certain they will stay on it, and algo traders who may want to move a strategy between MT5, cTrader and TradingView without changing broker. Full detail in the Pepperstone review.

Regulated brokers we work with

  • XS4.7/54.7 / 5

    No minimum deposit on the Standard account, MT4 and MT5, and raw spreads on the Elite account — plus our full trading signals service free when you fund your account with $400 through our link.

    Min. deposit
    $0
    Spreads from
    0.1 pips
    Open account
  • Pepperstone4.6/54.6 / 5

    One of the most heavily regulated brokers on our list — ASIC, FCA and CySEC among seven authorities — with spreads from 0.0 pips on the Razor account and a choice of MT4, MT5, cTrader and TradingView.

    Min. deposit
    $10
    Spreads from
    0.0 pips
    Open accountRisk warning (Pepperstone, as published Oct 2026): 73.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider under the FCA, 74.1% under CySEC, 76.1% under BaFin, 80% under the SCB and 88% under the CMA (Kenya). The figure depends on the licensed entity your account is opened with. Make sure you understand how CFDs work and whether you can afford the high risk of losing your money.
  • Capital.com4.5/54.5 / 5

    A slick, FCA- and CySEC-regulated broker with 3,000+ markets, zero-commission spread-only pricing and a $20 minimum — strong for traders who want breadth and a modern app.

    Min. deposit
    $20
    Spreads from
    0.6 pips
    Open account

Brokers

Ready to start?

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Open a trading account with XS through our link and deposit $400 — the capital stays in your account, yours to trade — and you unlock full signals access free, replacing a subscription worth around $2,500/yr.

  1. 1Open an XS account through our link
  2. 2Deposit $400 — the capital stays yours to trade
  3. 3Send your proof on Telegram and get every signal free
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Our trading signals are a separate service run by Best Trading Signal. They are not provided or endorsed by any broker; free access with an XS deposit is our own offer.

Trading forex and CFDs involves substantial risk of loss. Signals are analyst opinions, not investment advice.

The free-signals route: XS

XS runs MetaTrader 4 and MetaTrader 5 on web, desktop and mobile, and nothing else: there is no cTrader and no TradingView. For a trader who wants MT5 with an MT4 fallback and no other platform in the mix, that is a simplification rather than a limitation.

XS is our rank-1 broker for one disclosed reason: open an account through our link, deposit $400 — which stays in your account as your own trading capital, not a fee — and our complete signals service unlocks free, the same feed paying subscribers receive. We are an affiliate and we earn a commission, and we say plainly that XS operates through separately licensed group entities, and which one serves you depends on your country, so its protections differ from one client to the next — Pepperstone and Capital.com are the better-known multi-authority names. It earns rank 1 on the offer, not on regulation. See the XS review and our methodology.

Widest market range on MT5: Capital.com

Capital.com (rank 3) runs MT5 alongside MT4, TradingView and its own native app, and gives access to 3,000+ markets — forex, shares, indices, commodities, crypto, ETFs and thematic baskets — through the same MT5 login. Pricing is spread-only with zero commission, from 0.6 pips, and the $20 minimum deposit is the lowest barrier to a broker offering that much market breadth on MT5.

Its swap-free availability is limited rather than offered as standard across every account, so confirm your specific market and region before assuming it applies. Full detail in the Capital.com review.

How to choose your MT5 broker

Work through it in this order. First, regulation — if tier-one oversight is your priority, Pepperstone (ASIC, FCA, CySEC) is the strongest MT5 option we list. Second, cost — Pepperstone's 0.0-pip Razor is the tightest but carries commission, while Capital.com's 0.6-pip account has no commission at all; compare total cost rather than the headline spread. Third, barrier to entry — XS has no minimum on its Standard account, Pepperstone's minimum is $10 and Capital.com's is $20.

Fourth, and only if it applies to you: the platform lock. If you need cTrader specifically, only Pepperstone offers it; XS runs MT4 and MT5 only.

Whatever you choose, no broker and no platform removes market risk. Leveraged trading can lose money quickly. Start on a demo account, size positions so a single loss cannot damage you, and read our published weekly track record — including the losing weeks — before committing real capital.

Ready to start?

Save up to $2,500/yr

Get the signals free

Open a trading account with XS through our link and deposit $400 — the capital stays in your account, yours to trade — and you unlock full signals access free, replacing a subscription worth around $2,500/yr.

  1. 1Open an XS account through our link
  2. 2Deposit $400 — the capital stays yours to trade
  3. 3Send your proof on Telegram and get every signal free
Open an XS account
Prefer to just subscribe?

No broker account needed — subscribe through our Telegram bot and start receiving every signal with a clear entry, take-profit and stop-loss.

Subscribe on Telegram

Our trading signals are a separate service run by Best Trading Signal. They are not provided or endorsed by any broker; free access with an XS deposit is our own offer.

Trading forex and CFDs involves substantial risk of loss. Signals are analyst opinions, not investment advice.

Written and reviewed by
Best Trading Signal — editorial & analysis team

We review brokers on licensing, cost and withdrawals — and state the cons, not just the pros. How our signals are produced · Risk Disclosure · Last updated September 12, 2026

Frequently asked questions

Yes. Capital.com lets you add a live or demo MT4 or MT5 account from inside your Capital.com account (Settings → My accounts), and both platforms run Expert Advisors for automated trading — Capital.com notes it is not responsible for EA performance. MT5 is not available to UK residents. In our order Capital.com sits right after Pepperstone, which adds cTrader to MT4 and MT5; of the two, only Capital.com offers a swap-free account to Saudi and UAE residents.

All three brokers we rank support MT5: XS, Pepperstone and Capital.com. All three also run MT4; only Pepperstone adds cTrader.

For the widest set-up, Pepperstone — MT5 alongside MT4, cTrader and TradingView, with 0.0-pip Razor spreads and regulation from ASIC, FCA and CySEC. For the widest market range on MT5, Capital.com at a $20 minimum with zero commission. For free access to our trading signals, XS, which runs MT4 and MT5 and unlocks the signals with a $400 deposit that stays your own capital.

Not universally. MT5 has more timeframes, more order types, depth of market, a built-in economic calendar and a faster strategy tester. MT4 has the deeper library of third-party indicators and expert advisors. They are separate platforms and do not share EAs or indicators, so if you rely on a specific tool, check which platform it was written for before choosing a broker.

Yes. Every signal we publish carries an exact entry, take-profit and stop-loss, and MT5 places all three natively. The signals are identical whichever platform or broker you use — the platform changes the interface, not the trade.

XS has no minimum deposit on its Standard account. Pepperstone's minimum deposit is $10, though around $200 is a more practical working balance, and Capital.com requires $20. Note that a low minimum is not the same as low cost — spreads, commission and position sizing matter far more, which we cover in the low deposit brokers guide.

Pepperstone offers swap-free accounts only to residents of the countries on its published eligibility list, which excludes the UAE and Saudi Arabia; Capital.com offers swap-free access in a limited list of countries and markets rather than as standard; XS lists a swap-free option on its Standard and Elite accounts. Availability varies by regulated entity and country of residence, so confirm the terms with each broker at registration.

Yes. MT5 itself is free to download on web, desktop and mobile — you get access through your broker account. What you pay is the broker's trading cost: the spread, and a commission on accounts such as Pepperstone's Razor.

Yes, through XS. Open an account via our link and deposit $400 — the money stays in your account as your own trading capital — and the complete signals service unlocks free on MT5. Alternatively, use any broker you prefer and subscribe through our Telegram bot; the calls are identical either way.

Related guides

Trading forex, CFDs and crypto carries a substantial risk of loss and is not suitable for every investor — our signals are analyst opinions, not guaranteed profits, and past performance does not guarantee future results.

Last updated September 12, 2026

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