The MetaTrader platform is the most widely utilized trading platform among traders. Both beginner and expert traders prefer this platform due to its state-of-the-art technology. The MetaTrader 5 is the latest of the MetaTrader platforms. It is intuitive enough for new traders to learn. Additionally, it is very responsive ensuring the fastest execution of orders. Further, the platform has other features including a suite of indicators and a robust expert advisor system.
These are some of the features that attract traders to the MetaTrader 5 platform. But which are the best crypto brokers featuring MT5? Here is our list of some of the best MT5 crypto brokers in the market.
Pepperstone
Pepperstone is a reputable broker known for its tight spreads, fast execution, and availability of over 1,200 trading instruments. The MT5 platform offered by Pepperstone is highly customizable, allowing traders to tailor their experience to their specific needs. On the MT5 platform, Pepperstone allows its traders to access CFDs on a plethora of cryptocurrencies. These include Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Polkadot, and more. These cryptos can be traded against major fiat currencies like the USD, EUR, GBP, and AUD. Positively, crypto assets can be traded with some of the most competitive spreads in the market.
Other platforms available at Pepperstone include MT4, cTrader and TradingView. Pepperstone operates under the strict regulatory oversight of multiple financial authorities. These include the CySEC in Cyprus, the ASIC in Australia, the FCA in the UK, the BaFin in Germany, and the CMA in Kenya. This ensures that the broker adheres to strict transparency and investor protection standards.
Tickmill
Tickmill is a globally renowned broker celebrated for its competitive spreads, particularly on popular cryptocurrency pairs, and its lightning-fast trade execution. This broker offers CFDs on a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, among others. This allows traders to speculate on crypto price movements without owning the underlying assets. All these cryptos can be traded seamlessly on the MetaTrader 5 platform. Cryptocurrency trading is available at Tickmill 24/7.
The trading platforms provided by the broker come with superior execution speeds (0.20s average execution speed) alongside a plethora of advanced charting tools, indicators, and expert advisors. Tickmill offers traders a choice between three account types: Classic Account, Raw Account, and Tickmill Trader Raw Account. These accounts differ in terms of spreads and commissions, catering to the diverse needs of traders. Traders can choose to trade cryptocurrencies on either the MT4 or MT5 platforms, as both options are available.
Finally, Tickmill operates under the stringent regulatory oversight of multiple financial authorities. These include the CySEC in Cyprus, the FCA in the UK, the ASIC in Australia, and the FSA in Seychelles.
Exness
Exness provides clients with the ability to trade CFDs on over 27 cryptocurrencies on MT5. These include Bitcoin, AAVE, Cardano, Binance Coin, Dogecoin and Ethereum among others. Traders can trade these CFDs paired with a number of fiat currencies including the US Dollar, South Korean Won, Baht and South African Rand. They can also trade a selected number of cryptos against Silver and Gold. Please note that Exness is not available to most EU residents, but in most other countries it is.
There are several trading platforms available for traders to use on Exness. The best among these is the MetaTrader 5 on which crypto trading is possible. It is popular among traders due to its increased functionality. The platform provides an arsenal of tools to enhance the trading experience. For example, it has broadcasts of the latest news reports for traders to stay up-to-date.
In terms of regulations, Exness has licenses in several jurisdictions. These include Cyprus by the CySEC, Seychelles by the FSA, the British Virgin Islands by the BVIFSC and South Africa by the FSCA. This regulatory status strengthens the legitimacy case of Exness.
FP Markets
FP Markets started mainly as an Australian broker but now it’s also popular in Europe and other parts of the world. That is mainly due to offering some of the tightest spreads in the market. The firm has regulatory licenses from two top-tier regulators, the ASIC and CySEC. On FP Markets, investors can trade CFDs on twelve of the heaviest-traded cryptos in the world. These include Bitcoin, Ethereum, DogeCoin, Solana, Cardano, XRP, Bitcoin Cash and Litecoin.
Fortunately, FP Markets features one of the best trading platforms on the planet. They offer crypto traders the MT5 platform for the fastest executions and a collection of Expert Advisors. On top of that, the MT5 provides customizable indicators and alerts. Further, FP Markets is suitable for both novice and expert traders. The company features an education section and a traders hub with educational material for traders. These are some of the things that make FP Markets a top-class MT5 crypto broker.
XM
XM features 27 cryptocurrencies available for investors to trade. Clients can trade CFDs on Bitcoin, Ethereum, XRP (Ripple), Solana, Cardano, Litecoin and Chainlink among others. Clients can trade these cryptos against some popular fiat currencies including the US Dollar, the Euro and the Great British Pound. Please note, however, that currently, crypto trading is not available in the UK and EEA countries at XM.
XM allows clients to trade these crypto assets on both the MT5 and the MT4. The MT5 is the most advanced among the two with improved functionality. The platform comes with full EA functionality and over 80 technical analysis objects. Luckily, XM has regulations from two tier-1 regulators. These are the ASIC in Australia and the CySEC in Cyprus. While regulations alone are not enough, they show that the company is willing to play by the books. Companies with regulations from multiple jurisdictions are less likely to defraud investors.
AvaTrade
AvaTrade is a regulated CFD broker with years of experience in the market. The company started in 2006 and is regulated by the Central Bank of Ireland, the BVIFSC, the ASIC and the CySEC among others. The company allows clients to trade CFDs on crypto, forex, stocks, commodities and indices. AvaTrade recognizes the need to provide traders with several crypto assets on its platform. Some of the cryptocurrencies listed on AvaTrade include Bitcoin, Bitcoin Gold, Bitcoin Cash, Ethereum, EOS, NEO, Dash, Litecoin and several more. Traders can trade these cryptocurrencies against other cryptos or against several fiat currencies.
Better still, traders are provided with cutting-edge trading platforms on AvaTrade. The best of these platforms is the MetaTrader 5. MetaTrader 5 is designed to accommodate advanced trading across a wide selection of assets. It is highly responsive ensuring the fastest order execution. AvaTrade is one of the best platforms featuring the MT5 trader. Hence, it is one of the best MT5 crypto brokers.
IC Markets
IC Markets allows investors to trade CFDs on 23 different cryptocurrencies. These include Bitcoin, Ethereum, Dash, Litecoin, Bitcoin Cash, XRP and Cardano among others. Investors may trade these crypto CFDs against the US Dollar on the revolutionary MT5 platform. The platform offers traders advanced charting tools and sophisticated order management tools.
Luckily, clients of IC Markets enjoy trading with a broker with regulations in several jurisdictions. These include Australia where they are regulated by ASIC and Cyprus with regulations from CySEC. Additionally, the company is authorized to operate by the FSA in Seychelles.
OANDA
OANDA has regulatory licenses in the UK by the FCA, in Canada by the IIROC and in Australia by the ASIC among others. The company has been providing brokerage services since 1996. It has years of experience and a demonstrable track record.
OANDA allows investors to trade CFDs on 13 popular cryptocurrencies. These 13 cryptos include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Binance Coin, Cardano, Chainlink, Dogecoin, Polkadot, EOS, Stellar, Tezos and Uniswap. Clients enjoy trading CFDs on these cryptos on the state-of-the-art platform, MT5. Interestingly, you can only trade these cryptos against the US Dollar on OANDA.
Still, OANDA is one of the best MT5 crypto brokers in the market. The MT5 platform offered by OANDA gives traders market insights and allows for one-click trading. This allows for the fastest order execution.
Final Thoughts on the best MT5 brokers for crypto trading
These are some of the best MT5 crypto brokers in the market today. The MT5 platform is a revolutionary trading platform with increased functionality. It gives traders market insights and allows for one-click trading. Additionally, the analytic abilities and suite of expert advisors are an added advantage. Any broker that features this platform belongs among the best brokers in the market.
