Best UK MT5 Brokers in 2026

Author
By Stefan
Updated on 12/06/2025

MetaTrader 5 is the successor to MetaTrader 4, the world's most popular trading platform. Here's our review of the best UK MT5 brokers in 2026, highlighting those that allow all trading styles and Expert Advisors.

Brokers we recommend

Show brokers in...

FP Markets
4.8 / 5
  • Min. deposit: $100
  • Platforms: MT4, MT5, TradingView, cTrader, Copy trading
  • Regulators: Australia, Cyprus (EU), Kenya, Mauritius, South Africa, St. Vincent & the Grenadines

Trade over 1,000 instruments on flexible leverage up to 1:500 with FPMarkets.com, an ECN broker with a 20-year track record. FP Markets accepts all trading styles on MT4/5, TradingView and cTrader.

FxPro
4.6 / 5
  • Min. deposit: $100
  • Platforms: MT4, MT5, cTrader, Copy trading
  • Regulators: Bahamas, South Africa, UK

FxPro.com is a global broker, winner of 120+ awards including 'Best CFD Broker' in 2025. Trade CFDs on over 2,000 instruments on the MetaTrader 4/5 or cTrader platforms. FxPro accepts all trading styles.

74% of retail CFD accounts lose money
AvaTrade
4.7 / 5
  • Min. deposit: $100
  • Platforms: MT4, MT5, Copy trading
  • Regulators: Australia, BVI, Cyprus (EU), Ireland, Israel, Japan, South Africa, UAE

AvaTrade.com is an award-winning online broker in business since 2006. Trade CFDs on all asset classes, from Forex to ETFs and bonds. Its service appeals to novice and experienced traders alike.

76% of retail CFD accounts lose money
HYCM
4.2 / 5
  • Min. deposit: $100
  • Platforms: MT4, MT5
  • Regulators: Cayman Islands, Cyprus (EU), St. Vincent & the Grenadines, UAE, UK

HYCM.com is an award-winning regulated online broker suitable for day traders as well as long-term investors. It's also an established broker, in business since 1999.

85% of retail CFD accounts lose money
4XC
4.4 / 5
  • Min. deposit: $50
  • Platforms: MT4, MT5, Copy trading
  • Regulators: Cook Islands

4xc.com is an award-winning offshore broker with AI-driven signals, social trading and PAMM accounts. Enjoy all trading styles and Expert Advisors on MT4/5.

Trading Forex/CFDs on margin carries a high level of risk.

Comparison table

We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:

FP Markets FxPro AvaTrade HYCM 4XC
Overall4.8 4.6 4.7 4.2 4.4
Markets5.0 4.1 5.0 5.0 4.8
Trading environment4.9 4.9 4.2 3.8 4.6
Deposits and withdrawals5.0 4.6 4.7 4.4 4.6
Investor protection4.0 4.8 4.8 3.8 3.0
Customer service5.0 4.7 5.0 4.0 5.0
FP Markets FxPro AvaTrade HYCM 4XC
Forex (CFD)
Cryptos (CFD)*
Stocks (CFD)
Indices (CFD)
Metals (CFD)
Energy (CFD)
Commodities (CFD)
ETFs (CFD)
Bonds (CFD)

* Availability is subject to local laws and regulations.

FP Markets FxPro AvaTrade HYCM 4XC
MT4
MT5
Copy trading
TradingView
cTrader
FP Markets FxPro AvaTrade HYCM 4XC
Bank transfer
Credit card
Debit card
NETELLER *
Skrill *
BTC (Bitcoin)
USDT (Tether)
Broker to broker transfer

* Availability is subject to local laws and regulations.

FP Markets FxPro AvaTrade HYCM 4XC
Australia
BVI
Bahamas
Cayman Islands
Cook Islands
Cyprus (EU)
Ireland
Israel
Japan
Kenya
Mauritius
South Africa
St. Vincent & the Grenadines
UAE
UK

What's the best MT5 broker for you?

MetaTrader 5 (MT5) is a versatile platform popular among traders for its advanced capabilities. Choosing the right MT5 broker depends on your experience and investment preferences. Here's what FP Markets, FxPro and others have to offer, based on your experience.

  • For Beginners: FPMarkets.com offers a wide range of educational resources in the form of trading courses, webinars and PDFs to help you learn in your own time(1). Open an account from a low US$ 100 deposit, or a demo account if you prefer to practice before you play. This broker will even cover international bank charges if you deposit over US$ 10,000.
  • For Experienced Traders: Will appreciate the trading conditions available through FxPro.com. Trade on razor-thin spreads plus commission over the MT5 platform through its Raw+ account from a US$ 1,000 deposit. In 2022, only 13% of client orders experienced negative slippage, and 12% enjoyed positive slippage. FxPro has won over 100 awards, including 'Best in Class MetaTrader Broker' in 2020(2).
  • For Swing and Day Traders: Both FP Markets and FxPro offer raw spread accounts with low commissions. Importantly, they also accept all trading styles, with no restrictions on Expert Advisors. They've also partnered with Trading Central to provide daily signals, however, FxPro's implementation goes one step further by making these signals available inside MT5 through a plugin.

Conclusion

FPMarkets.com, with its comprehensive MT5 offering and high leverage, is a compelling choice for traders with varying experience levels and investment preferences. FxPro.com is another MT5 broker with excellent trading conditions and low spreads if you deposit over US$ 1,000.

If you're unsure where to start, why not open an account with up to two brokers reviewed in this guide? This will allow you to test-drive their service and assess their platform in a live trading environment before making a final decision.

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Author

About the author

I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers mentioned in this article. I started my career in investment banking in London as an FCA-approved person.

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