What are the best MT5 Brokers for Day Trading?

Our current top picks are IC Markets, Pepperstone, Dukascopy Bank. Day traders need tight spreads, fast execution and a reliable platform. These MetaTrader 5 brokers deliver on all three, ranked by our overall score. Rankings are based on our scoring of regulation, costs, platform, execution, instruments and support.

How is this list ranked?

Every broker is scored out of 100 across regulation and safety, costs and spreads, platform fit, execution, instruments and funding, and support. Figures are typical and change, so always confirm current terms on the broker's own site.

Do these brokers work with Market Structure Pro?

Yes. Every broker on this page offers MetaTrader 5, and Market Structure Pro is an MT5 indicator, so it runs on any of their MT5 accounts.

Best MT5 Brokers for Day Trading (2026): Top 30 Compared

#1

IC Markets

Sydney, Australia · est. 2007 · MT4, MT5, cTrader, TradingView

MT5✓ MSP-ready~ Mixed reviewsCFD

EUR/USD0.1 pip

Min deposit$200

ExecutionECN/STP

Regulated byASIC, CySEC

90

Grade A

Review Visit ↗

#2

Pepperstone

Melbourne, Australia · est. 2010 · MT4, MT5, cTrader, TradingView

MT5✓ MSP-ready✓ Trusted reviewsCFDSpread Betting

EUR/USD0.1 pip

Min deposit$200

ExecutionNo dealing desk

Regulated byFCA, ASIC

88

Grade A

Review Visit ↗

#3

Dukascopy Bank

Geneva, Switzerland · est. 2004 · JForex, MT4, MT5

MT5✓ MSP-ready~ Mixed reviewsCFDDMA

EUR/USD0.3 pip

Min deposit$100

ExecutionECN-STP

Regulated byFINMA, Bank of Latvia

87

Grade A

Review Visit ↗

#4

GO Markets

Melbourne, Australia · est. 2006 · MT4, MT5, cTrader, TradingView

MT5✓ MSP-ready✓ Trusted reviewsCFD

EUR/USD0.1 pip

Min deposit$200

ExecutionECN/STP (GO Plus+ raw); Standard is market maker

Regulated byASIC, CySEC

86

Grade A

Review Visit ↗

#5

FP Markets

Sydney, Australia · est. 2005 · MT4, MT5, cTrader, TradingView

MT5✓ MSP-ready✓ Trusted reviewsCFDDMA

EUR/USD0.1 pip

Min deposit$100

ExecutionECN/STP

Regulated byASIC, CySEC

85

Grade A

Review Visit ↗

#6

Tickmill

London, United Kingdom · est. 2014 · MT4, MT5, TradingView, Tickmill Trader

MT5✓ MSP-ready~ Mixed reviewsCFDFutures

EUR/USD0.1 pip

Min deposit$100

ExecutionECN/STP

Regulated byFCA, CySEC

84

Grade B

Review Visit ↗

#7

ThinkMarkets

London, UK (co-HQ Melbourne, Australia) · est. 2010 · MT4, MT5, TradingView, ThinkTrader

MT5✓ MSP-ready~ Mixed reviewsCFDSpread Betting

EUR/USD0.1 pip

Min deposit$0

ExecutionNo dealing desk (STP/ECN)

Regulated byFCA, ASIC

83

Grade B

Review Visit ↗

#8

Swissquote

Gland, Switzerland · est. 1996 · MT4, MT5, Advanced Trader, TradingView

MT5✓ MSP-ready✓ Trusted reviewsCFDInvest / real shares

EUR/USD1.3 pip

Min deposit$1000

ExecutionECN-STP

Regulated byFINMA, FCA

82

Grade B

Review Visit ↗

#9

FxPro

London, United Kingdom · est. 2006 · MT4, MT5, cTrader, FxPro Edge

MT5✓ MSP-ready✓ Trusted reviewsCFDSpread Betting

EUR/USD0.2 pip

Min deposit$100

ExecutionNo dealing desk

Regulated byFCA, CySEC

81

Grade B

Review Visit ↗

#10

Fusion Markets

Melbourne, Australia · est. 2017 · MT4, MT5, cTrader, TradingView

MT5✓ MSP-ready~ Mixed reviewsCFDDMA

EUR/USD0.1 pip

Min deposit$0

ExecutionECN/STP

Regulated byASIC, VFSC

81

Grade B

Review Visit ↗

#11

OANDA

New York, USA · est. 1996 · OANDA Trade (fxTrade), MT4, MT5, TradingView

MT5✓ MSP-ready✓ Trusted reviewsCFD

EUR/USD0.9 pip

Min deposit$0

ExecutionNo dealing desk

Regulated byNFA/CFTC, FCA

79

Grade B

Review Visit ↗

#12

Vantage (Vantage Markets)

Sydney, Australia · est. 2009 · MT4, MT5, TradingView, Vantage App (proprietary)

MT5✓ MSP-ready~ Mixed reviewsCFDInvest / real shares

EUR/USD0 pip

Min deposit$50

ExecutionECN/STP

Regulated byASIC, FCA

79

Grade B

Review Visit ↗

#13

BlackBull Markets

Auckland, New Zealand · est. 2014 · MT4, MT5, cTrader, TradingView

MT5✓ MSP-ready~ Mixed reviewsCFDDMA

EUR/USD0.1 pip

Min deposit$0

ExecutionECN/STP

Regulated byFMA, FSA

79

Grade B

Review Visit ↗

#14

Admirals (Admiral Markets)

Tallinn, Estonia · est. 2001 · MT4, MT5, TradingView, Admirals Platform

MT5✓ MSP-ready✓ Trusted reviewsCFDSpread Betting

EUR/USD0.1 pip

Min deposit$100

ExecutionNo dealing desk

Regulated byFCA, CySEC

78

Grade B

Review Visit ↗

#15

Eightcap

Melbourne, Australia · est. 2009 · MT4, MT5, TradingView, TradeLocker

MT5✓ MSP-ready✓ Trusted reviewsCFD

EUR/USD0.1 pip

Min deposit$100

ExecutionNo dealing desk (STP)

Regulated byASIC, FCA

78

Grade B

Review Visit ↗

#16

Axi (formerly AxiTrader)

Sydney, Australia · est. 2007 · MT4, MT5, Axi Trading Platform (web/mobile, own), Axi Copy Trading app

MT5✓ MSP-ready✓ Trusted reviewsCFDSpread Betting

EUR/USD0 pip

Min deposit$0

ExecutionNo dealing desk (STP)

Regulated byFCA, ASIC

78

Grade B

Review Visit ↗

#17

TMGM (TradeMax Global Markets)

Sydney, Australia · est. 2013 · MT4, MT5, IRESS

MT5✓ MSP-ready✓ Trusted reviewsCFDDMA

EUR/USD0.1 pip

Min deposit$100

ExecutionECN/STP (some offshore entities operate on a principal/market-maker basis)

Regulated byASIC, FMA

78

Grade B

Review Visit ↗

#18

Blueberry Markets

Sydney, Australia · est. 2016 · MT4, MT5, cTrader, TradingView

MT5✓ MSP-ready✓ Trusted reviewsCFD

EUR/USD0.1 pip

Min deposit$100

ExecutionNo dealing desk / ECN-STP (institutional LPs)

Regulated byASIC, VFSC

78

Grade B

Review Visit ↗

#19

Exness

Limassol, Cyprus · est. 2008 · MT4, MT5, Exness Terminal (web), Exness Trade (app)

MT5✓ MSP-ready~ Mixed reviewsCFD

EUR/USD0.1 pip

Min deposit$10

ExecutionNo dealing desk

Regulated byFSA, FSCA

76

Grade B

Review Visit ↗

#20

AvaTrade

Dublin, Ireland · est. 2006 · MT4, MT5, AvaTradeGO, AvaOptions

MT5✓ MSP-ready~ Mixed reviewsCFDOptions

EUR/USD0.9 pip

Min deposit$100

ExecutionMarket maker (fixed spreads)

Regulated byCentral Bank of Ireland, ASIC

75

Grade B

Review Visit ↗

#21

easyMarkets

Limassol, Cyprus · est. 2001 · MT4, MT5, TradingView, easyMarkets platform

MT5✓ MSP-ready✓ Trusted reviewsCFDOptions

EUR/USD0.8 pip

Min deposit$25

ExecutionMarket maker

Regulated byCySEC, ASIC

75

Grade B

Review Visit ↗

#22

Markets.com

Limassol, Cyprus · est. 2008 · MT4, MT5, Markets.com Web Platform

MT5✓ MSP-ready~ Mixed reviewsCFD

EUR/USD0.6 pip

Min deposit$100

ExecutionMarket maker

Regulated byCySEC, FSCA

74

Grade B

Review Visit ↗

#23

Global Prime

Melbourne, Australia · est. 2010 · MT4, MT5

MT5✓ MSP-ready✓ Trusted reviewsCFDDMA

EUR/USD0.1 pip

Min deposit$0

ExecutionECN/STP

Regulated byASIC, VFSC

72

Grade B

Review Visit ↗

#24

RoboForex Ltd

Belize City, Belize · est. 2009 · MT4, MT5, R StocksTrader, R WebTrader

MT5✓ MSP-ready~ Mixed reviewsCFDInvest / real shares

EUR/USD0.1 pip

Min deposit$10

ExecutionECN/STP

Regulated byFSC

70

Grade B

Review Visit ↗

#25

HFM (HF Markets, formerly HotForex)

Larnaca, Cyprus · est. 2010 · MT4, MT5, HFM App

MT5✓ MSP-ready~ Mixed reviewsCFD

EUR/USD0.1 pip

Min deposit$0

ExecutionNo dealing desk

Regulated byCySEC, FCA

69

Grade C

Review Visit ↗

#26

XM (XM Group / Trading Point)

Limassol, Cyprus · est. 2009 · MT4, MT5, XM WebTrader, XM App

MT5✓ MSP-ready~ Mixed reviewsCFDInvest / real shares

EUR/USD0.1 pip

Min deposit$5

ExecutionMarket maker

Regulated byCySEC, ASIC

67

Grade C

Review Visit ↗

#27

FBS

Belize City, Belize · est. 2009 · MT4, MT5, FBS Trader app

MT5✓ MSP-ready~ Mixed reviewsCFD

EUR/USD0.1 pip

Min deposit$5

ExecutionMarket maker

Regulated byFSC, CySEC

67

Grade C

Review Visit ↗

#28

FXTM (ForexTime)

Limassol, Cyprus / Mauritius (Exinity group) · est. 2011 · MT4, MT5, FXTM Trader, WebTrader

MT5✓ MSP-ready~ Mixed reviewsCFD

EUR/USD0.1 pip

Min deposit$200

ExecutionMarket execution (ECN on Advantage; market maker on others)

Regulated byFSC, FSCA

64

Grade C

Review Visit ↗

#29

Moneta Markets

Kingstown, St. Vincent & the Grenadines · est. 2019 · MT4, MT5, TradingView, ProTrader

MT5✓ MSP-ready~ Mixed reviewsCFD

EUR/USD0.1 pip

Min deposit$50

ExecutionECN/STP - No dealing desk

Regulated byFSCA, FSA

64

Grade C

Review Visit ↗

#30

Octa (formerly OctaFX)

Kingstown, Saint Vincent and the Grenadines · est. 2011 · MT4, MT5, OctaTrader

MT5✓ MSP-ready⚠ Review cautionCFD

EUR/USD0.6 pip

Min deposit$25

ExecutionMarket maker

Regulated byCySEC, MISA

57

Grade C

Review Visit ↗

Best MT5 Brokers for Day Trading (2026)

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