Metatrader 5

The Best Metatrader 5 Brokers in the United Kingdom | July 2025

Platform
HelloSafe Score
Features
Our Opinion
Learn More
See our methodology
#1
Best platform for Forex trading
#1Recommended Offer
Recommended Offer
HelloSafe Score
4.9
Integrated Software
MT4, MT5 and TradingView
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
0.6%
Minimum Deposit
$100 - No deposit fees
Integrated Software
MT4, MT5 and TradingView
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
0.6%
Minimum Deposit
$100 - No deposit fees
Cheapest on the Market
  • Reduced Fees on Indices
  • Free Demo Account
  • Automated Trading Option
  • MetaTrader Platform
  • Reduced Fees on Indices
  • Free Demo Account
  • Automated Trading Option
  • MetaTrader Platform
5 Things to Know About Eightcap

Is EightCap reliable?

Yes, EightCap is a trusted platform, regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognized in the industry.

Why choose EightCap?

EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.

What are the fees at EightCap?

At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.

Who is EightCap for?

Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.

Is it easy to withdraw money from EightCap?

Withdrawing your winnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.

Is EightCap reliable?

Yes, EightCap is a trusted platform, regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognized in the industry.

Why choose EightCap?

EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.

What are the fees at EightCap?

At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.

Who is EightCap for?

Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.

Is it easy to withdraw money from EightCap?

Withdrawing your winnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.

#2
Top rated on TrustPilot
#2
HelloSafe Score
4.8
Integrated Software
MT4 and MT5
Available Assets
Forex, CFDs, Commodities, Indices, Cryptos
Commission per Share
0.25%
Minimum Deposit
$100 - No deposit fees
Integrated Software
MT4 and MT5
Available Assets
Forex, CFDs, Commodities, Indices, Cryptos
Commission per Share
0.25%
Minimum Deposit
$100 - No deposit fees
Ideal for beginners
  • Reduced fees on stocks
  • Free demo account
  • Copy trading available
  • 3% interest rate on uninvested balance
  • Reduced fees on stocks
  • Free demo account
  • Copy trading available
  • 3% interest rate on uninvested balance
5 Things to Know About Avatrade

Is Avatrade reliable?

AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, as well as the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.

Why choose Avatrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don't need to be an expert: AvaTrade adapts to you.

What are the fees at Avatrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments, with no surprises when you pay.

Who is Avatrade for?

AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools such as automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.

Is it easy to withdraw money from Avatrade?

Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or e-wallets. Everything is designed to offer you fast, clear and secure access.

Is Avatrade reliable?

AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, as well as the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.

Why choose Avatrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don't need to be an expert: AvaTrade adapts to you.

What are the fees at Avatrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments, with no surprises when you pay.

Who is Avatrade for?

AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools such as automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.

Is it easy to withdraw money from Avatrade?

Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or e-wallets. Everything is designed to offer you fast, clear and secure access.

#3
Forex Specialist
#3
HelloSafe Score
4.8
Integrated Software
MT4, MT5 and ProTrader
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
From 0.1%
Minimum Deposit
$50 - no deposit fees
Integrated Software
MT4, MT5 and ProTrader
Available Assets
Forex, CFD, Indices, Commodities, Cryptos
Commission per Share
From 0.1%
Minimum Deposit
$50 - no deposit fees
Very competitive fees
  • Responsive support
  • No fees on CFDs
  • Copy trading available
  • MetaTrader 4&5 Platform
  • Responsive support
  • No fees on CFDs
  • Copy trading available
  • MetaTrader 4&5 Platform
5 Things to Know About Vantage

Is Vantage reliable?

Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and the FCA (United Kingdom). It stands out for the security of its client accounts, protected by leading banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.

Why choose Vantage?

Vantage stands out for its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage appeals to a wide audience in search of reliable and efficient trading conditions.

What are the fees at Vantage?

The fees at Vantage are tailored for everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest efficiently.

Who is Vantage for?

Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources there.

Is it easy to withdraw money from Vantage?

Withdrawing funds from Vantage is quick and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or e-wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.

Is Vantage reliable?

Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and the FCA (United Kingdom). It stands out for the security of its client accounts, protected by leading banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.

Why choose Vantage?

Vantage stands out for its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage appeals to a wide audience in search of reliable and efficient trading conditions.

What are the fees at Vantage?

The fees at Vantage are tailored for everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest efficiently.

Who is Vantage for?

Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources there.

Is it easy to withdraw money from Vantage?

Withdrawing funds from Vantage is quick and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or e-wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.

Forex Specialist
HelloSafe Score
4.7
Integrated Software
MT4, MT5, CTrader, TradingView
Available Assets
Forex, CFDs, Indices, Commodities, Cryptos
Commission per Share
$0.10
Minimum Deposit
$0 - no deposit fees
Integrated Software
MT4, MT5, CTrader, TradingView
Available Assets
Forex, CFDs, Indices, Commodities, Cryptos
Commission per Share
$0.10
Minimum Deposit
$0 - no deposit fees
Quality Training
  • Low CFD Fees
  • Automated Trading
  • MetaTrader Platform
  • Dedicated client support
  • Low CFD Fees
  • Automated Trading
  • MetaTrader Platform
  • Dedicated client support
5 Things to Know About Pepperstone

Is Pepperstone reliable?

Yes, Pepperstone is a reliable trading platform regulated by reputable authorities like the FCA (UK) and ASIC (Australia). It ensures the security of funds through segregated accounts and advanced security protocols. Users appreciate the transparency and strict regulation that govern operations on this platform.

Why choose Pepperstone?

Pepperstone stands out for its accessibility and tools tailored to all profiles. With an intuitive platform and powerful tools like cTrader, beginners and experienced traders can exploit a wide range of assets, from currencies to indices. The emphasis is on competitive spreads and rapid order execution.

What are the fees at Pepperstone?

Pepperstone offers attractive fees with spreads from 0 pip on Raw accounts, but with a small commission of $3.5 per lot. For Standard accounts, there are no commissions, but slightly wider spreads. No fees on deposits, and withdrawal fees are transparent and reasonable.

Who is Pepperstone for?

Pepperstone is perfect for traders of all levels. Beginners will benefit from guides and demo accounts to practice, while more advanced users will appreciate the speed of the platform and access to high-end trading tools. Its diversity of assets allows everyone to find their area of expertise.

Is it easy to withdraw money from Pepperstone?

Withdrawing funds from Pepperstone is a simple and quick process. You can make your withdrawals via bank transfer, credit card or e-wallets. Requests are generally processed within 1 to 2 business days, with transparent withdrawal fees and a clear procedure, appreciated by many users.

Is Pepperstone reliable?

Yes, Pepperstone is a reliable trading platform regulated by reputable authorities like the FCA (UK) and ASIC (Australia). It ensures the security of funds through segregated accounts and advanced security protocols. Users appreciate the transparency and strict regulation that govern operations on this platform.

Why choose Pepperstone?

Pepperstone stands out for its accessibility and tools tailored to all profiles. With an intuitive platform and powerful tools like cTrader, beginners and experienced traders can exploit a wide range of assets, from currencies to indices. The emphasis is on competitive spreads and rapid order execution.

What are the fees at Pepperstone?

Pepperstone offers attractive fees with spreads from 0 pip on Raw accounts, but with a small commission of $3.5 per lot. For Standard accounts, there are no commissions, but slightly wider spreads. No fees on deposits, and withdrawal fees are transparent and reasonable.

Who is Pepperstone for?

Pepperstone is perfect for traders of all levels. Beginners will benefit from guides and demo accounts to practice, while more advanced users will appreciate the speed of the platform and access to high-end trading tools. Its diversity of assets allows everyone to find their area of expertise.

Is it easy to withdraw money from Pepperstone?

Withdrawing funds from Pepperstone is a simple and quick process. You can make your withdrawals via bank transfer, credit card or e-wallets. Requests are generally processed within 1 to 2 business days, with transparent withdrawal fees and a clear procedure, appreciated by many users.

Wide selection of CFDs
HelloSafe Score
4.6
Integrated Software
MT4, MT5, TradingView and ActivTrader
Available Assets
Forex, Stocks, Cryptos, ETFs, Commodities
Commission per Share
0.1%
Minimum Deposit
$0 - no deposit fees
Integrated Software
MT4, MT5, TradingView and ActivTrader
Available Assets
Forex, Stocks, Cryptos, ETFs, Commodities
Commission per Share
0.1%
Minimum Deposit
$0 - no deposit fees
Reduced trading fees
  • Very competitive rates
  • Negative balance protection
  • Choice of the best assets
  • Advanced trading tools
  • Very competitive rates
  • Negative balance protection
  • Choice of the best assets
  • Advanced trading tools
73% of retail investor accounts lose money
5 Things to Know About ActivTrades

Is ActivTrades trustworthy?

ActivTrades is a recognized broker, supervised by the FCA and the CSSF, guaranteeing optimal protection for traders. The platform implements segregated accounts to ensure the security of funds and offers additional insurance. With over two decades of existence, it has built a solid reputation for transparency and reliability.

Why opt for ActivTrades?

ActivTrades is distinguished by an accessible and ergonomic platform, suitable for both novices and experienced traders. The offer includes a vast selection of financial instruments and exclusive tools such as SmartOrder and SmartLines to refine trading strategies. Its responsive customer service and interactive training make it a top choice.

What are the fees applied on ActivTrades?

ActivTrades offers attractive spreads and does not charge any commission on several asset categories. Withdrawals are made with reduced fees, while an inactivity fee may apply after a long period of absence. Price transparency is a priority for the platform in order to avoid any unpleasant surprises.

Who can use ActivTrades?

Suitable for traders of all backgrounds, ActivTrades allows beginners to get started easily thanks to its user-friendly interface and educational resources. More experienced traders benefit from a wide choice of assets, such as stocks, currencies and indices, as well as advanced technical tools.

Is it easy to withdraw funds from ActivTrades?

Making a withdrawal on ActivTrades is a quick and reliable process. Various payment methods are offered, such as bank transfers and credit cards, with optimized processing times. The transparency of fees and ease of access to funds make this platform a safe choice for traders.

Is ActivTrades trustworthy?

ActivTrades is a recognized broker, supervised by the FCA and the CSSF, guaranteeing optimal protection for traders. The platform implements segregated accounts to ensure the security of funds and offers additional insurance. With over two decades of existence, it has built a solid reputation for transparency and reliability.

Why opt for ActivTrades?

ActivTrades is distinguished by an accessible and ergonomic platform, suitable for both novices and experienced traders. The offer includes a vast selection of financial instruments and exclusive tools such as SmartOrder and SmartLines to refine trading strategies. Its responsive customer service and interactive training make it a top choice.

What are the fees applied on ActivTrades?

ActivTrades offers attractive spreads and does not charge any commission on several asset categories. Withdrawals are made with reduced fees, while an inactivity fee may apply after a long period of absence. Price transparency is a priority for the platform in order to avoid any unpleasant surprises.

Who can use ActivTrades?

Suitable for traders of all backgrounds, ActivTrades allows beginners to get started easily thanks to its user-friendly interface and educational resources. More experienced traders benefit from a wide choice of assets, such as stocks, currencies and indices, as well as advanced technical tools.

Is it easy to withdraw funds from ActivTrades?

Making a withdrawal on ActivTrades is a quick and reliable process. Various payment methods are offered, such as bank transfers and credit cards, with optimized processing times. The transparency of fees and ease of access to funds make this platform a safe choice for traders.

Table of Contents
  • What Is Metatrader 5?
  • What is a Metatrader 5 broker?
  • Why choose a broker offering Metatrader 5?
  • The assets that can be traded with a Metatrader 5 broker
  • How much does it cost to use Metatrader 5?
  • Who Metatrader 5 Brokers Are For
  • What are the alternatives to Metatrader 5?
  • The Features of Metatrader 5
  • How to open a Metatrader 5 account?
  • How to Use Metatrader 5
  • Our Advice for Choosing the Best Metatrader 5 Broker
  • FAQ
  • On the same topic

What Is Metatrader 5?

Metatrader 5 was developed by MetaQuotes Software and launched in 2010 to provide an advanced trading platform for the growing demands of Forex, CFD, and other financial markets. It is widely used by both retail and professional traders in the UK for its real-time order execution, advanced technical analysis tools, and support for both manual and automated trading strategies through expert advisors and custom scripts. Metatrader 5 is compatible with a broad selection of FCA-regulated brokers and can be accessed on multiple operating systems—including Windows, macOS, iOS, Android—as well as through a web-based interface.

The platform remains popular despite the emergence of newer alternatives, thanks to its simplicity, reliable performance, and vibrant global ecosystem, which includes a strong community, thousands of custom indicators, and numerous automated trading bots. Today, Metatrader 5 continues to be a relevant and trusted platform for UK traders seeking flexibility, robustness, and a wide range of trading tools.

What is a Metatrader 5 broker?

A broker Metatrader 5 is a financial intermediary licensed in the UK that provides access to the Metatrader 5 platform, delivering the technical infrastructure needed for market connectivity, real-time pricing, and reliable order execution. Not every broker is compatible with Metatrader 5, since the platform requires specific integration and regulatory compliance with UK trading standards.

  • a trading account with individual login credentials for secure access to Metatrader 5
  • access to a broad selection of assets, including forex, indices, commodities, cryptocurrencies, and stocks via CFDs
  • transparent trading conditions, specifying spreads, leverage limits in line with FCA rules, fee schedules, and execution models
  • support for key Metatrader 5 features such as automated trading (using Expert Advisors), conditional order types, and advanced charting and technical analysis tools

UK traders often choose brokers supporting Metatrader 5 over proprietary platforms for its flexibility, consistency, and comprehensive trading functionalities available through a single, standardised environment.

Why choose a broker offering Metatrader 5?

Choosing a broker compatible with Metatrader 5 offers significant value for both beginner and experienced traders in the United Kingdom. The platform is highly regarded for its stability, widespread popularity among retail and professional traders, and strong compatibility with FCA-regulated brokers. Opting for a Metatrader 5 broker means accessing a proven, widely supported trading environment recognised for its reliability.

Advantages

✅ Wide range of financial instruments available (forex, indices, commodities, stocks via CFDs)

✅ Customisable and user-friendly interface supported by an active user community

✅ Access to advanced technical analysis tools and automated trading via Expert Advisors

✅ Compatibility with many FCA-regulated brokers, ensuring high standards of client protection

✅ Centralised management of multiple accounts and asset classes from a single platform

Disadvantages

❌ Learning curve can be steep for trading beginners

❌ Requires installation of dedicated software on desktop or mobile devices

❌ Some advanced features require technical understanding or programming knowledge

❌ Potential limitations for specific markets due to UK regulatory requirements

icon

In summary

Brokers offering Metatrader 5 remain a relevant choice for UK traders seeking a reliable, functional, and accessible trading environment that meets the needs of both new and experienced users.

The assets that can be traded with a Metatrader 5 broker

Brokers offering Metatrader 5 provide access to a wide variety of asset classes, typically through Contracts for Difference (CFDs). This structure enables UK-based traders to speculate on a range of instruments, including currencies, indices, commodities, and shares, all without directly owning the physical assets.

CategoryExample AssetsAccess TypeInterest with Metatrader 5
ForexEUR/USD, GBP/USD, USD/JPYCFDs on currency pairsMajor, minor, and exotic FX trading
IndicesFTSE 100, DAX 40, S&P 500CFDs on stock indicesExposure to whole markets; hedging possibilities
CommoditiesGold, Oil, SilverCFDs on commoditiesReaction to macro events and diversification
CryptocurrenciesBitcoin, Ethereum, RippleCFDs on crypto24/5 access, volatility trading
StocksApple, HSBC, BP (CFD only)CFDs on equitiesFractional/leveraged trading, short selling
Forex
Example Assets
EUR/USD, GBP/USD, USD/JPY
Access Type
CFDs on currency pairs
Interest with Metatrader 5
Major, minor, and exotic FX trading
Indices
Example Assets
FTSE 100, DAX 40, S&P 500
Access Type
CFDs on stock indices
Interest with Metatrader 5
Exposure to whole markets; hedging possibilities
Commodities
Example Assets
Gold, Oil, Silver
Access Type
CFDs on commodities
Interest with Metatrader 5
Reaction to macro events and diversification
Cryptocurrencies
Example Assets
Bitcoin, Ethereum, Ripple
Access Type
CFDs on crypto
Interest with Metatrader 5
24/5 access, volatility trading
Stocks
Example Assets
Apple, HSBC, BP (CFD only)
Access Type
CFDs on equities
Interest with Metatrader 5
Fractional/leveraged trading, short selling

Currency pairs (Forex)

Metatrader 5 is highly regarded for its robust forex offering. UK brokers provide access to a broad selection of major, minor, and exotic pairs, enabling traders to benefit from tight spreads and leverage within FCA-regulated parameters. Real-time quotes, advanced charting, and automated trading are core features for currency trading. Common examples include:

  • EUR/USD
  • GBP/USD
  • USD/JPY
  • EUR/GBP

Stock indices

On Metatrader 5, traders can access global stock indices through CFDs, allowing for speculation on the broad movement of equity markets without holding any actual shares. Indices reflect the performance of multiple companies within a market or region. Popular indices via UK brokers include:

  • FTSE 100
  • S&P 500
  • DAX 40
  • NASDAQ 100

Commodities

Trading commodities on Metatrader 5 involves speculating via CFDs on the value of raw materials and resources—historically popular as diversification away from equities. UK traders can access precious metals, energies, and soft commodities. Commonly traded commodities include:

  • Gold
  • Brent Crude Oil
  • Silver
  • Natural Gas

Cryptocurrencies

Some UK brokers offer CFDs on cryptocurrencies within the regulatory limits allowed by the FCA. On Metatrader 5, these digital assets can be traded speculatively, taking advantage of price volatility without the need for a crypto wallet. Typical examples include:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Litecoin (LTC)

Stocks as CFDs

Brokers accessible via Metatrader 5 in the UK enable trading of individual company shares as CFDs. This facilitates leveraged positions, the ability to trade both rising and falling markets, and fractional share exposure. While these are not physical shares, they mirror real stock movements. Representative examples:

  • Apple (AAPL)
  • HSBC Holdings (HSBA)
  • BP (BP)
  • Tesco (TSCO)

How much does it cost to use Metatrader 5?

For individual traders in the UK, access to Metatrader 5 is generally offered for free by most brokers. There is typically no direct platform fee required to use Metatrader 5 itself. Costs are primarily associated with the specific broker you choose, including their spreads, commissions, and other operational fees. The overall cost of trading with Metatrader 5 therefore depends on broker terms rather than platform charges.

Fee TypeExplanation
SpreadThe difference between the bid and ask price, representing a core cost in every trade.
CommissionA fee applied by some brokers per trade, often in addition to or instead of a spread.
Swap/Overnight FeesCharges for holding positions open overnight; can be positive or negative depending on rates.
Inactivity FeesSome brokers may charge a fee if your account is inactive for a certain period.
Deposit/Withdrawal FeesPossible costs for funding your account or withdrawing profits, varying by payment method.
Spread
Explanation
The difference between the bid and ask price, representing a core cost in every trade.
Commission
Explanation
A fee applied by some brokers per trade, often in addition to or instead of a spread.
Swap/Overnight Fees
Explanation
Charges for holding positions open overnight; can be positive or negative depending on rates.
Inactivity Fees
Explanation
Some brokers may charge a fee if your account is inactive for a certain period.
Deposit/Withdrawal Fees
Explanation
Possible costs for funding your account or withdrawing profits, varying by payment method.

In addition to standard trading costs, traders may encounter optional or extra charges when using Metatrader 5, especially if seeking advanced features or services beyond basic trading.

  • Paid Expert Advisors (automated trading robots)
  • Custom technical indicators or scripts
  • VPS (Virtual Private Server) rental for 24/7 automated trading
  • Paid data feeds or advanced charting plugins
  • Subscription to trading signal services

Who Metatrader 5 Brokers Are For

Brokers that offer Metatrader 5 are well-suited for a wide spectrum of trader profiles in the UK, from those just starting to experienced professionals. The platform’s flexibility, accessibility, and advanced trading tools make it a popular choice across different skill levels and objectives.

Profils de trader

ProfileCharacteristicsRelevance of Metatrader 5
BeginnerLittle or no prior trading experience; needs clear, user-friendly toolsSimple, intuitive interface, demo accounts for practice, step-by-step guides
IntermediateSome trading background; exploring analysis and more complex tradesStrong technical analysis features, diverse order types, access to popular instruments
ExpertAdvanced knowledge, seeking automation and broad asset coverageDeep customisation, algorithmic trading, extensive charting, and backtesting capabilities
Beginner
Characteristics
Little or no prior trading experience; needs clear, user-friendly tools
Relevance of Metatrader 5
Simple, intuitive interface, demo accounts for practice, step-by-step guides
Intermediate
Characteristics
Some trading background; exploring analysis and more complex trades
Relevance of Metatrader 5
Strong technical analysis features, diverse order types, access to popular instruments
Expert
Characteristics
Advanced knowledge, seeking automation and broad asset coverage
Relevance of Metatrader 5
Deep customisation, algorithmic trading, extensive charting, and backtesting capabilities

Metatrader 5 is particularly suitable for UK traders focusing on Forex, CFD, and other leveraged products, offering robust technical analysis and order management. Its multi-asset ability extends to commodities and indices, but direct access to physical equities or complex derivatives is limited compared to some local UK broker platforms.

Objectifs et stratégies compatibles

StrategyDescriptionWhy Metatrader 5 is suitable
ScalpingRapid trades targeting small price movementsFast execution, one-click trading, low spreads
Day tradingPositions opened and closed within the same trading dayLive pricing, a wide range of charts and indicators
Swing tradingHolding trades over several days to capture larger price movesMulti-timeframe chart analysis, versatile pending order types
Automated tradingStrategies run by Expert Advisors or custom scriptsSupport for MQL5 programming, advanced backtesting, and EA integration
Multi-assetOperating across various markets (forex, indices, commodities, crypto)Cross-market support and single-platform portfolio management
Overview of trading strategies and their suitability with the Metatrader 5 platform.
Scalping
Description
Rapid trades targeting small price movements
Why Metatrader 5 is suitable
Fast execution, one-click trading, low spreads
Day trading
Description
Positions opened and closed within the same trading day
Why Metatrader 5 is suitable
Live pricing, a wide range of charts and indicators
Swing trading
Description
Holding trades over several days to capture larger price moves
Why Metatrader 5 is suitable
Multi-timeframe chart analysis, versatile pending order types
Automated trading
Description
Strategies run by Expert Advisors or custom scripts
Why Metatrader 5 is suitable
Support for MQL5 programming, advanced backtesting, and EA integration
Multi-asset
Description
Operating across various markets (forex, indices, commodities, crypto)
Why Metatrader 5 is suitable
Cross-market support and single-platform portfolio management
Overview of trading strategies and their suitability with the Metatrader 5 platform.

Overall, Metatrader 5 stands out for its versatility and depth, making it a reliable solution for diverse trading styles and experience levels in the UK market.

What are the alternatives to Metatrader 5?

While Metatrader 5 is a widely recognised platform in the UK trading environment, numerous alternatives exist, developed either by industry competitors or as proprietary solutions by leading brokers. These platforms can suit traders who seek advanced features, direct market access, or a more visual and intuitive trading experience.

PlatformDeveloped byKey strengthsTarget audienceBrokers
Metatrader 5MetaQuotesAutomation, scripting, multi-asset supportAlgo traders, advanced and technical usersIG, Pepperstone, Admirals
cTraderSpotware SystemsModern UI, ECN execution, advanced order typesDay traders, scalpers, transparency seekersPepperstone, IC Markets, FxPro
TradingViewTradingView Inc.Powerful charts, strategy sharing, web/cloud-basedVisual, strategy-driven and community tradersCapital.com, OANDA, Saxo
Proprietary platformsIndividual brokersIntegrated features, tailored to broker’s servicesBeginners, long-term investors, ease-of-use seekersIG, Saxo, Hargreaves Lansdown
ProRealTimeIT-FinanceAdvanced analytics, strategy testing, direct market accessTechnical and analytical tradersIG, Interactive Brokers
A comparison of different trading platforms, their developers, strengths, target users, and associated brokers.
Metatrader 5
Developed by
MetaQuotes
Key strengths
Automation, scripting, multi-asset support
Target audience
Algo traders, advanced and technical users
Brokers
IG, Pepperstone, Admirals
cTrader
Developed by
Spotware Systems
Key strengths
Modern UI, ECN execution, advanced order types
Target audience
Day traders, scalpers, transparency seekers
Brokers
Pepperstone, IC Markets, FxPro
TradingView
Developed by
TradingView Inc.
Key strengths
Powerful charts, strategy sharing, web/cloud-based
Target audience
Visual, strategy-driven and community traders
Brokers
Capital.com, OANDA, Saxo
Proprietary platforms
Developed by
Individual brokers
Key strengths
Integrated features, tailored to broker’s services
Target audience
Beginners, long-term investors, ease-of-use seekers
Brokers
IG, Saxo, Hargreaves Lansdown
ProRealTime
Developed by
IT-Finance
Key strengths
Advanced analytics, strategy testing, direct market access
Target audience
Technical and analytical traders
Brokers
IG, Interactive Brokers
A comparison of different trading platforms, their developers, strengths, target users, and associated brokers.
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Key takeaway

Metatrader 5 remains a versatile and reliable option, especially attractive for traders who utilise automated trading or develop custom strategies.

The Features of Metatrader 5

FeatureDescription
🕒 Real-time tradingLive market prices and rapid order execution across multiple asset classes.
📊 Technical analysis toolsOver 80 built-in indicators, custom scripting, and comprehensive drawing tools for analysis.
🤖 Automated tradingSupports Expert Advisors (EAs), trading robots, and strategy backtesting for algorithmic trading.
📈 Interactive chartsFlexible, multi-timeframe charts with various chart styles and real-time updates.
🚨 AlertsCustomisable alerts by sound, email, or push notifications based on price or indicator conditions.
🔒 SecuritySecure platform with encrypted data transmission and authentication systems.
📱 Multi-device compatibilityAccess via desktop, web terminal, and dedicated mobile apps for trading on the go.
A table outlining the key features and descriptions of a trading platform.
🕒 Real-time trading
Description
Live market prices and rapid order execution across multiple asset classes.
📊 Technical analysis tools
Description
Over 80 built-in indicators, custom scripting, and comprehensive drawing tools for analysis.
🤖 Automated trading
Description
Supports Expert Advisors (EAs), trading robots, and strategy backtesting for algorithmic trading.
📈 Interactive charts
Description
Flexible, multi-timeframe charts with various chart styles and real-time updates.
🚨 Alerts
Description
Customisable alerts by sound, email, or push notifications based on price or indicator conditions.
🔒 Security
Description
Secure platform with encrypted data transmission and authentication systems.
📱 Multi-device compatibility
Description
Access via desktop, web terminal, and dedicated mobile apps for trading on the go.
A table outlining the key features and descriptions of a trading platform.

Metatrader 5 provides UK traders with a dynamic real-time trading environment, offering instant order execution and live pricing across Forex, indices, shares, and other financial instruments. Users benefit from comprehensive order management options including stop loss, take profit, and trailing stop orders, all vital for active risk management and trade planning.

The platform is robust in technical analysis capabilities, featuring a wide selection of built-in indicators, the ability to install custom indicators, and a variety of drawing tools. This allows traders to conduct in-depth chart analysis and test different strategies visually.

Charting on Metatrader 5 is highly flexible, with interactive charts available in multiple timeframes and formats, from line to bar to candlestick charts. Traders can easily configure their workspace to match their personal style and the specifics of the asset being traded.

Automated trading is a central element, with integrated support for Expert Advisors and trading robots. These can execute trades according to pre-set strategies, while the backtesting feature allows the evaluation of system performance using historical data.

The alert system includes sound, email, and push notification options, enabling traders to stay informed about market moves without constant monitoring. Security standards are strong, providing encrypted data and user authentication to help protect accounts and trades.

Finally, Metatrader 5 offers seamless multi-device compatibility. Traders in the UK can monitor markets and manage trades from desktop terminals, web interfaces, or mobile devices, supporting flexible trading from virtually anywhere.

Because of this combination of depth, flexibility, and accessibility, Metatrader 5 remains a trusted choice among both new and experienced traders.

How to open a Metatrader 5 account?

Opening a Metatrader 5 account is done through a broker that
offers access to the platform in the United Kingdom. Once you
complete the registration and verification process with your
chosen broker, you will receive login credentials which
enable you to connect to Metatrader 5 on your preferred device.

StepDescription
Choose a compatible brokerSelect an FCA-regulated broker that provides Metatrader 5 access to clients in the UK.
Fill in the registration formComplete the online registration form with your personal and contact details.
Verify identity (KYC)Provide proof of identity and address to meet Know Your Customer (KYC) regulatory requirements.
Select account typeChoose between a demo account for practice or a live account for real trading.
Download Metatrader 5Install Metatrader 5 on your computer, web browser, or mobile device.
Log in with broker credentialsEnter the login details supplied by your broker to access Metatrader 5.
Make your first depositFund your live account using an accepted payment method through your broker.
Choose a compatible broker
Description
Select an FCA-regulated broker that provides Metatrader 5 access to clients in the UK.
Fill in the registration form
Description
Complete the online registration form with your personal and contact details.
Verify identity (KYC)
Description
Provide proof of identity and address to meet Know Your Customer (KYC) regulatory requirements.
Select account type
Description
Choose between a demo account for practice or a live account for real trading.
Download Metatrader 5
Description
Install Metatrader 5 on your computer, web browser, or mobile device.
Log in with broker credentials
Description
Enter the login details supplied by your broker to access Metatrader 5.
Make your first deposit
Description
Fund your live account using an accepted payment method through your broker.
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Tip

Start with a demo account to become comfortable with Metatrader 5’s interface and features before moving on to live trading with real funds.

How to Use Metatrader 5

Metatrader 5 is a comprehensive platform for managing all aspects of trading operations across different financial markets. This guide outlines, step by step, how to use Metatrader 5 efficiently, allowing you to navigate, analyse, and execute trades effectively.

Search for an asset on Metatrader 5

  • Open the Market Watch window on the left side of the interface.
  • Right-click anywhere inside the Market Watch and choose Symbols to access the full list of available assets.
  • Use the search box to locate your desired asset (such as GBP/USD, shares, or commodities).
  • Double-click the asset to add it to your Market Watch for quick access.

Use indicators on Metatrader 5

  • Go to the Navigator panel or the Insert menu at the top of the platform.
  • Select Indicators and browse by category (Trend, Oscillators, Volume, etc.).
  • Drag and drop your preferred indicator onto the chart, or right-click and choose Attach to a chart.
  • Configure the indicator’s settings as required, then click OK to apply it.

Place an order with Metatrader 5

  • In Market Watch, right-click on the asset you wish to trade and select New Order, or use the New Order button in the toolbar.
  • Select the order type (Market Execution or Pending Order).
  • Enter the key parameters:
    • Volume (lot size)
    • Stop Loss
    • Take Profit
  • Check all details and click Buy or Sell to execute the trade.
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Practical example:

To place a buy order on EUR/USD, select EUR/USD in Market Watch, then open a new order window. Enter a volume of 0.10 lots, set your stop loss to 1.0900, and your take profit to 1.1000. Once the order is confirmed, your open position will appear in the Terminal, where you can manage it. Metatrader 5 also supports one-click trading for instant trade execution directly from the chart—an efficient tool for active traders and scalpers in fast-moving UK markets.

Our Advice for Choosing the Best Metatrader 5 Broker

Not all Metatrader 5 brokers are the same. To make an informed decision, UK traders need to compare technical, financial, and regulatory factors closely. The key is to select a trustworthy broker that matches your trading profile and strategy, while also ensuring robust protection and suitable market access.

🔎 Criterion / AdviceDescriptionWhy it matters
🛡️ RegulationRegulated by the FCA or other recognised UK authorities.Ensures client protection, fund safety, and compliance with UK law.
⚡ Execution typeMarket, instant, ECN/STP or dealing desk orders.Affects order speed, transparency, and risk of slippage.
💷 Spreads and feesReview spreads, commissions, swaps, and any hidden charges.Impacts trading costs and overall profitability.
📉 LeverageMaximum leverage within FCA limitations and product type.Controls risk exposure as per UK regulatory guidance.
🌍 Available assetsRange of markets: forex, indices, shares, commodities, crypto.Allows diversification and different trading opportunities.
🔄 MT4 tool compatibilityAbility to use MT4 indicators and expert advisors on MT5.Supports traders transitioning from Metatrader 4.
🎮 Demo account availabilityFree, unrestricted demo with real market conditions.Enables risk-free practice and platform testing.
💬 Customer serviceEnglish-speaking support, accessible via multiple channels.Vital for prompt resolution of issues in live trading scenarios.
🧪 Platform testing adviceTest MT5 features, execution, and tools on demo before going live.Confirms reliability and suitability for your trading needs.
Table outlining the criteria and advice for selecting a trading platform.
🛡️ Regulation
Description
Regulated by the FCA or other recognised UK authorities.
Why it matters
Ensures client protection, fund safety, and compliance with UK law.
⚡ Execution type
Description
Market, instant, ECN/STP or dealing desk orders.
Why it matters
Affects order speed, transparency, and risk of slippage.
💷 Spreads and fees
Description
Review spreads, commissions, swaps, and any hidden charges.
Why it matters
Impacts trading costs and overall profitability.
📉 Leverage
Description
Maximum leverage within FCA limitations and product type.
Why it matters
Controls risk exposure as per UK regulatory guidance.
🌍 Available assets
Description
Range of markets: forex, indices, shares, commodities, crypto.
Why it matters
Allows diversification and different trading opportunities.
🔄 MT4 tool compatibility
Description
Ability to use MT4 indicators and expert advisors on MT5.
Why it matters
Supports traders transitioning from Metatrader 4.
🎮 Demo account availability
Description
Free, unrestricted demo with real market conditions.
Why it matters
Enables risk-free practice and platform testing.
💬 Customer service
Description
English-speaking support, accessible via multiple channels.
Why it matters
Vital for prompt resolution of issues in live trading scenarios.
🧪 Platform testing advice
Description
Test MT5 features, execution, and tools on demo before going live.
Why it matters
Confirms reliability and suitability for your trading needs.
Table outlining the criteria and advice for selecting a trading platform.
icon

Tip

Look beyond marketing claims—objectively review each of these criteria and always test your chosen Metatrader 5 broker with a demo account before committing real capital.

FAQ

Why choose a broker offering Metatrader 5 rather than another type of platform?

Metatrader 5 is favoured for its sophisticated tools, multi-asset support, and flexibility for both manual and automated trading.
It is highly regarded by UK traders for its reliability, advanced charting, and the ability to trade a variety of instruments.
The platform's large user base also ensures strong community support and plenty of educational resources.

How to install Metatrader 5 and connect to my broker account?

Download Metatrader 5 from the official MetaQuotes site or your broker’s website.
Install the platform on your device, then select “Login to Trade Account” and enter your broker-supplied details.
Most UK brokers provide step-by-step instructions for both installation and connecting to your trading account.

What types of assets can I trade with a Metatrader 5 broker?

Depending on the broker, you can access forex, indices, commodities, shares, and occasionally cryptocurrencies.
Asset availability will depend on FCA regulations and the broker's specific offering, so always check the list of tradable instruments.
This range gives traders in GB the flexibility to diversify their portfolios.

Are Metatrader 5 brokers regulated and reliable?

In the United Kingdom, it's important to choose brokers regulated by the Financial Conduct Authority (FCA).
FCA regulation provides a high standard of client protection and ensures that brokers meet strict operational guidelines.
Always verify a broker’s regulatory status before opening an account for your security.

Can I trade on Metatrader 5 from a mobile or tablet?

Yes, the Metatrader 5 platform is available on both Android and iOS devices as a free app.
This allows you to access your accounts, view charts, and execute trades wherever you are in the UK.
Mobile trading is suitable for staying connected to the markets at all times.

What fees should I expect with a Metatrader 5 broker (spread, commission, swap)?

Common costs include the spread (difference between buy and sell prices), possible trading commissions,
and swap fees for overnight positions. Fee structures may vary between UK brokers,
so always review the broker’s pricing page to understand all expected charges before trading.

Why choose a broker offering Metatrader 5 rather than another type of platform?

Metatrader 5 is favoured for its sophisticated tools, multi-asset support, and flexibility for both manual and automated trading.
It is highly regarded by UK traders for its reliability, advanced charting, and the ability to trade a variety of instruments.
The platform's large user base also ensures strong community support and plenty of educational resources.

How to install Metatrader 5 and connect to my broker account?

Download Metatrader 5 from the official MetaQuotes site or your broker’s website.
Install the platform on your device, then select “Login to Trade Account” and enter your broker-supplied details.
Most UK brokers provide step-by-step instructions for both installation and connecting to your trading account.

What types of assets can I trade with a Metatrader 5 broker?

Depending on the broker, you can access forex, indices, commodities, shares, and occasionally cryptocurrencies.
Asset availability will depend on FCA regulations and the broker's specific offering, so always check the list of tradable instruments.
This range gives traders in GB the flexibility to diversify their portfolios.

Are Metatrader 5 brokers regulated and reliable?

In the United Kingdom, it's important to choose brokers regulated by the Financial Conduct Authority (FCA).
FCA regulation provides a high standard of client protection and ensures that brokers meet strict operational guidelines.
Always verify a broker’s regulatory status before opening an account for your security.

Can I trade on Metatrader 5 from a mobile or tablet?

Yes, the Metatrader 5 platform is available on both Android and iOS devices as a free app.
This allows you to access your accounts, view charts, and execute trades wherever you are in the UK.
Mobile trading is suitable for staying connected to the markets at all times.

What fees should I expect with a Metatrader 5 broker (spread, commission, swap)?

Common costs include the spread (difference between buy and sell prices), possible trading commissions,
and swap fees for overnight positions. Fee structures may vary between UK brokers,
so always review the broker’s pricing page to understand all expected charges before trading.

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P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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