Best MetaTrader 5 (MT5) Brokers In The UK 2026
In the fast-moving world of forex and CFD trading, having the right platform is only half the battle—choosing the right broker can make all the difference. But not all MT5 brokers are created equal. We reveal the top MT5 brokers that deliver on regulation, reliability, and results.
Top MetaTrader 5 Brokers
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When we evaluated Pepperstone’s MT5 platform, execution was extremely rapid—even on volatile assets. Razor accounts offered spreads averaging 0.1–0.3 pips on EUR/USD with $3.50 commissions per side. There is no minimum deposit required and no inactivity fee, alongside a vast range of CFDs. Advanced order tools and sophisticated risk features were accessible.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Using Eightcap's MT5, we experienced precise execution, featuring spreads from 0.0 pips and $3.50 per side commissions on Raw accounts. The platform provides an extensive CFD selection, covering cryptocurrencies and indices. A notable feature is FlashTrader, an advanced tool designed for swift order execution and automation.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities ASIC, FCA, CySEC, SCB MT4, MT5, TradingView Min. Deposit Min. Trade Leverage £100 0.01 Lots 1:30 -
During our practical testing, FOREX.com's MT5 offered dependable execution with standard spreads about 0.8 pips on EUR/USD and appealing commissions on their RAW accounts ($5 per side). MT5 includes a comprehensive asset range, spanning forex, indices, commodities, and cryptocurrencies, ensuring stable platform performance.
Instruments Regulator Platforms Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA WebTrader, Mobile, MT4, MT5, TradingView Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 -
Vantage's MT5 demonstrated rapid execution, perfect for traders, offering raw spreads starting at 0.0 pips with $3 commissions per side. It maintained stable pricing and dependable order execution even during volatility, positioning Vantage as a top choice for dedicated MT5 traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting FCA, ASIC, FSCA, VFSC ProTrader, MT4, MT5, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $50 0.01 Lots 1:30 -
Tickmill is a worldwide broker regulated by respected authorities like CySEC and FCA. It has attracted hundreds of thousands of traders, executing over 530 million trades. Its edge lies in sophisticated tools, informative resources, and competitive fees.
Instruments Regulator Platforms Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds FCA, CySEC, FSA, DFSA, FSCA Tickmill Webtrader, MT4, MT5, TradingView Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:1000 -
In our tests, FxPro’s MT5 consistently executed trades quickly, with spreads starting at 0.6 pips on major pairs in commission-free accounts. For raw pricing, commissions begin at $45 per $1 million traded. MT5 supports a wide range of assets, such as forex, indices, metals, and energies.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Anzo Capital is an offshore broker providing leveraged CFDs on over 100 instruments, such as forex, stocks, indices, and metals. It supports the MetaTrader 4 and MetaTrader 5 platforms. Traders can opt for an STP account with spreads from 1.4 pips and no commission or an ECN account with spreads from zero and a $4 round-turn commission. A variety of payment methods, including cryptocurrency deposits, are accepted.
Instruments Regulator Platforms CFDs, Forex, Precious Metals, Stocks FSC, SVGFSA, FCA MT4, MT5 Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:1000
Pepperstone
Eightcap
Forex.com
Vantage FX
Tickmill
FXPro
Anzo CapitalSafety Comparison
Compare how safe the Best MetaTrader 5 (MT5) Brokers In The UK 2026 are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| Eightcap | ✔ | ✔ | ✘ | ✔ | |
| Forex.com | ✔ | ✔ | ✘ | ✔ | |
| Vantage FX | ✔ | ✔ | ✘ | ✔ | |
| Tickmill | ✔ | ✘ | ✘ | ✔ | |
| FXPro | ✔ | ✔ | ✘ | ✔ | |
| Anzo Capital | ✔ | ✘ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Best MetaTrader 5 (MT5) Brokers In The UK 2026 support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Eightcap | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Forex.com | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Vantage FX | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Tickmill | ✔ | ✘ | ✘ | ✔ | ✔ | ✘ |
| FXPro | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| Anzo Capital | ✘ | ✔ | ✔ | ✔ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Best MetaTrader 5 (MT5) Brokers In The UK 2026 at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| Eightcap | iOS & Android | ✘ | ||
| Forex.com | iOS & Android | ✘ | ||
| Vantage FX | iOS & Android | ✘ | ||
| Tickmill | ✔ | ✘ | ||
| FXPro | iOS & Android | ✘ | ||
| Anzo Capital | iOS & Android | ✘ |
Beginners Comparison
Are the Best MetaTrader 5 (MT5) Brokers In The UK 2026 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| Eightcap | ✔ | £100 | 0.01 Lots | ||
| Forex.com | ✔ | $100 | 0.01 Lots | ||
| Vantage FX | ✔ | $50 | 0.01 Lots | ||
| Tickmill | ✔ | $100 | 0.01 Lots | ||
| FXPro | ✔ | $100 | 0.01 Lots | ||
| Anzo Capital | ✔ | $100 | 0.01 Lots |
Advanced Trading Comparison
Do the Best MetaTrader 5 (MT5) Brokers In The UK 2026 offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| Eightcap | TradingView Bots | ✘ | 1:30 | ✔ | ✘ | ✔ | ✘ |
| Forex.com | Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 | ✔ | ✔ | ✔ | ✘ |
| Vantage FX | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 | ✔ | ✘ | ✘ | ✘ |
| Tickmill | ✔ | ✘ | 1:1000 | ✘ | ✘ | ✘ | ✘ |
| FXPro | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✔ | ✔ | ✘ |
| Anzo Capital | Myfxbook AutoTrade plus Expert Advisors (EAs) on MetaTrader | ✘ | 1:1000 | ✔ | ✘ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Best MetaTrader 5 (MT5) Brokers In The UK 2026.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| Eightcap | |||||||||
| Forex.com | |||||||||
| Vantage FX | |||||||||
| Tickmill | |||||||||
| FXPro | |||||||||
| Anzo Capital |
Our Take On Pepperstone
"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."Tobias Robinson
Reviewer
Pros
- Pepperstone now offers spread betting via TradingView, delivering a streamlined and tax-efficient trading experience with sophisticated analytical tools.
- Pepperstone offers rapid execution speeds of approximately 30ms, enabling swift order processing and execution, making it ideal for traders.
- The award-winning customer support can be accessed through phone, email, or live chat. During tests, response times have consistently been under 5 minutes.
Cons
- Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
- Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
- Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
Our Take On Eightcap
"Eightcap excels for traders, offering diverse charting platforms, educational Labs, and AI tools. With over 120 crypto CFDs, it stands out in crypto trading and has won our 'Best Crypto Broker' award twice consecutively."
William Berg
Reviewer
Pros
- Eightcap has excelled in all essential trading areas, surpassing all rivals to clinch our 'Best Overall Broker' award for 2024. It also earned the titles of 'Best Crypto Broker' and 'Best TradingView Broker' for 2025.
- With spreads starting at 0 pips, minimal commission charges, and leverage up to 1:500 for select clients, Eightcap delivers affordable and flexible trading opportunities. These conditions suit various strategies, such as trading and scalping.
- Eightcap excels with a suite of advanced trading tools, such as MT4 and MT5, and has recently joined the 100-million-user social trading network, TradingView.
Cons
- Despite a helpful array of educational guides and e-books in Labs, Eightcap lags behind IG's extensive resources for aspiring traders. IG boasts a dedicated Academy app and features 18 diverse course categories.
- Despite the growing range of tools available, Eightcap lacks popular industry resources such as Autochartist and Trading Central. These provide advanced charting analytics, live news, and essential market insights for traders focused on short-term strategies.
- Eightcap must enhance its range of over 800 instruments to rival top competitors like Blackbull Markets, which offers 26,000+ assets, especially improving its limited commodities selection.
Our Take On Forex.com
"FOREX.com excels in serving traders of all levels, offering more than 80 currency pairs, spreads starting at 0.0 pips, and competitive commissions. Its robust charting platforms provide over 100 technical indicators and comprehensive research tools."Tobias Robinson
Reviewer
Pros
- FOREX.com provides top-tier forex rates beginning at 0.0 pips, along with attractive cashback rebates up to 15% for dedicated traders.
- The in-house Web Trader continues to stand out as one of the best-designed platforms for aspiring traders with a slick design and over 80 technical indicators for market analysis.
- An abundance of educational resources is available, such as tutorials, webinars, and an extensive YouTube channel, designed to enhance your understanding of financial markets.
Cons
- Demo accounts are typically limited to 90 days, hindering effective strategy testing.
- US clients are not protected against negative balances, which means you could end up owing more than your initial deposit.
- FOREX.com's MT4 platform provides around 600 instruments, a notable reduction compared to the more than 5,500 options on its other platforms.
Our Take On Vantage FX
"Vantage is an ideal choice for CFD traders looking for a well-regulated broker with access to the dependable MetaTrader platforms. With a swift sign-up process and a minimum deposit of $50, starting trading is simple and fast."Tobias Robinson
Reviewer
Pros
- Opening a live account is both straightforward and swift, requiring under 5 minutes to complete.
- ECN accounts offer competitive terms, featuring spreads starting at 0.0 pips and a commission of $1.50 per trade side.
- The broker recently expanded its range of CFDs, offering more trading opportunities.
Cons
- Regrettably, cryptocurrencies are accessible solely to clients in Australia.
- It's unfortunate that some clients must register with the offshore firm, which provides reduced regulatory safeguards.
- To access optimal trading conditions, a substantial deposit of $10,000 is required. This includes a commission of $1.50 per transaction per side.
Our Take On Tickmill
"Tickmill stands out for traders, particularly with the Raw account, offering nearly no pip spreads and exceptionally swift order execution."Tobias Robinson
Reviewer
Pros
- Drawing from our trading experience, Tickmill consistently executes orders rapidly—averaging around 59 milliseconds—with minimal slippage or requotes. This reliability ensures traders can trust their entry and exit prices without delay, safeguarding against potential costs in fast markets.
- Tickmill holds licences from regulators such as the FCA and CySEC, ensuring tangible advantages. Client funds are segregated in secure accounts, and negative balance protection is in place. This guarantees you won't owe more than your deposit, offering reassurance during market fluctuations.
- With the Raw Spread account, spreads are remarkably tight, occasionally reaching zero pips, complemented by a clear per-trade commission. This arrangement minimises trading costs, offering a crucial benefit for frequent trades and eliminating hidden fees that erode profits.
Cons
- Tickmill's demo accounts exclude certain platforms, including its proprietary one, complicating strategy practice. This limitation poses challenges for testing skills comprehensively, particularly with newer Tickmill tools, before engaging in live trading.
- Tickmill targets forex pairs, select stock CFDs, indices, and limited commodities. If you prefer trading across diverse asset classes like cryptocurrencies or a wider array of stocks, options here are restricted versus brokers offering thousands of instruments.
- If you prefer cTrader's interface and advanced order options, you won't find them here. Tickmill utilises MetaTrader 4 and 5, TradingView, and its own platform but lacks cTrader. This may hinder those who depend on cTrader's features or tools like cTrader Copy.
Our Take On FXPro
"FxPro is an excellent choice for traders, offering swift execution speeds under 12ms, reduced fees since 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge."Tobias Robinson
Reviewer
Pros
- FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
- FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
- FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
Cons
- FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
- FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
- There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
Our Take On Anzo Capital
"Anzo Capital is ideal for traders seeking high-leverage CFDs, offering flexibility in choosing between STP and ECN accounts."Tobias Robinson
Reviewer
Pros
- A minimal deposit requirement of $100.
- MetaTrader 4 platform
- Forex, oil, and silver trading with spreads starting from zero pips.
Cons
- Unavailable in the United States
- Inactivity fees
- Week regulatory oversight
How Investing.co.uk Chose The Top MT5 Brokers
Our team of UK traders combined 200+ data points with hands-on testing to review brokers offering MetaTrader 5.
We assessed execution, spreads, commissions, platform stability, and advanced MT5 features like multi-asset support and sophisticated charting.
Each broker was then ranked by their overall rating, helping UK traders find the most reliable and cost-effective MT5 providers.
What To Look For In A MetaTrader 5 Broker
- Brokers regulated by the Financial Conduct Authority (FCA) must meet stringent capital adequacy requirements, segregate client funds, and provide negative balance protection. This means your capital is held in top-tier banks, away from the broker’s operational funds, reducing counterparty risk in the event of insolvency.
- Fast order execution (often less than 50ms) and low slippage are essential for price-sensitive strategies like swing trading around breakout or retracement levels. A broker’s connection to Tier-1 liquidity providers can dramatically reduce latency, especially during high-volatility events.
- Tight spreads look attractive on paper, but they’re meaningless if widening occurs during peak trading hours or news events. Analyse historical spread data across multiple sessions and compare effective trading costs, including commissions and overnight swap rates, to get the true cost picture.
- MT5 can handle forex, CFDs, futures, and exchange-traded instruments, but the depth-of-market (DOM) view will reveal whether a broker truly offers institutional-grade liquidity. Limited depth means larger orders can move the market against you, inflating entry costs and risking stop-loss integrity.
- Unreliable price feeds can lead to phantom wicks, missed fills, and skewed backtests. Look for brokers with redundant server setups and low downtime history, and test their data feed consistency against a secondary market source to ensure accuracy in your technical analysis.
- While MT5 supports features like DOM, one-click trading, hedging, and custom indicators, we’ve found some brokers disable or limit them—especially hedging for compliance reasons. This can cripple certain strategies, so verify functionality on a live or demo account before funding.
- Efficient capital movement isn’t just about convenience—it’s a liquidity safeguard for your trading. A broker with same-day withdrawals, transparent fee policies, and multiple funding options ensures you can respond quickly to new opportunities or reduce exposure during high-risk periods.
Trading on MT5 taught me that the platform’s tools are only as sharp as the broker’s infrastructure behind them—fast charts and smart scripts mean nothing if your fills lag or your liquidity runs dry when the market heats up.
What Is MetaTrader 5?
MT5 is a multi-asset third-party trading platform designed for forex, CFDs, and exchange-traded instruments, offering faster backtesting, more order types, and enhanced charting compared to its MT4 predecessor.
MT5’s built-in economic calendar, depth-of-market view, and extended timeframes (like 4-hour and 8-hour charts) make it easier to spot and manage medium-term trends.
While it delivers a richer toolset and more flexibility, it’s worth noting that MT5’s expanded features are only as practical as the broker’s execution speed, data quality, and asset range—key factors that can directly impact trading performance.
MT5 Web is ideal for trading simply and efficiently from a web browser with no downloads
Pros Of MetaTrader 5
- Advanced timeframe & order functionality: MT5 offers 21 timeframes (including less common ones like 2H, 8H, and 12H) and six pending order types, giving you more granular control over entries and exits. This means greater precision in trend analysis and the ability to fine-tune risk/reward setups without over-relying on custom indicators.
- Multi-asset & depth-of-market (DOM) integration: Unlike MT4, MT5 supports not just forex and CFDs but also exchange-traded stocks, futures, and commodities, all from a single platform. The DOM feature allows you to see real-time bid/ask liquidity, helping assess momentum strength and potential slippage before placing larger orders—important when managing multi-day positions.
- Improved strategy testing & optimization: MT5’s multi-threaded strategy tester runs on 64-bit architecture, enabling faster, more accurate backtesting with tick-by-tick data and forward testing options. This lets you stress-test strategies across multiple symbols and market conditions, reducing curve-fitting risk and increasing real-world strategy resilience.
Cons Of MetaTrader 5
- Steeper learning curve & overhead: MT5’s expanded order types, timeframes, and analytical tools can overwhelm traders transitioning from MT4 or simpler broker platforms. Without a clear workflow, the added complexity can slow decision-making—especially dangerous in volatile swing trade setups.
- Broker-dependent features & execution: While MT5 is capable of multi-asset trading, not all brokers offer the full range of instruments, depth-of-market data, or true ECN execution. This means the platform’s advanced tools may be underutilized—or even irrelevant—if the broker’s infrastructure or liquidity is lacking.
- Limited backward compatibility: MT4 indicators, scripts, and Expert Advisors (EAs) aren’t directly compatible with MT5 due to its different programming language (MQL5). If you have a library of MT4 tools, you must either find MT5 equivalents or have them recoded, which can be time-consuming and costly.
Custom indicators and automated strategies are powerful, but I’ve found that not all MT5 brokers fully support them—testing your tools on a live account first is the only way to avoid unpleasant surprises.
Bottom Line
Choosing the best MT5 broker in the UK is about more than just platform access—it’s about regulation, execution quality, and the range of tradable assets that fit your strategy.
While MT5 delivers powerful tools for analysis and automation, the broker you choose determines how effectively those tools translate into real trading results.
The brokers we’ve highlighted combine regulatory oversight with competitive pricing and robust infrastructure, giving you the best chance to make MT5’s full potential work in your favour.