Today, many brokers combine the advantages of low spreads and MT5 accounts, which one is best for you?？

If you want to know which trading platform has the most followers, it may be MetaTrader, because it allows you to quickly switch between accounts and windows, making it easier to place orders in the market。The software is available in two versions: MT4 (MetaTrader 4) and MT5 (MetaTrader 5)。

While there are many MT4 brokers offering low spreads, few brokers offer low spreads on their MT5 platforms.。It's a shame that low spreads are good for traders in financial markets, given that they help cost-effectiveness, improve profitability, enhance liquidity, and increase opportunities.。

These brokers are some examples of excellent low spread MT5 providers:

1. IC Markets: Offers a spread of 0 pips on its MT5 account。
   Admirals: This MT5 broker allows you to enjoy spreads as low as 0 pips。
   FP Markets: Offers a 0-point spread on its MT5 platform。
   HF Markets: Its MT5 platform offers a spread of 0 points。
   Pepperstone: Spread as low as 0 points on MT5 platform。

Let's take a closer look at it。

IC Markets

When it comes to low-spread MT5 providers, IC Markets is undoubtedly the first choice。The broker offers as low as 0 on its original spread account.A spread of 0 points to ensure you get the best trading experience。IC Markets is a desk-less broker, so there will be no price re-quotes or any manipulation on its market-leading platform。

Therefore, their MT5 account is suitable for large traders, scalpers and automated traders who need the best trading conditions.。But what really makes IC Markets one of the best MT5 brokers is the execution speed supported by its latency of less than 1 millisecond.。

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IC Markets International Capital Markets Pty Ltd.) an online forex brokerage company operated under。Traders under Australian jurisdiction offer trading services at IC Markets-AU, which is based in Australia and licensed by the Australian Securities and Investments Commission (ASIC).。

On the other hand, non-Australian traders who open accounts with the broker are registered under the Seychelles-based IC Markets SEY and are regulated by the Seychelles Financial Services Authority (SFSA).。This dual operation is the result of the Australian Securities and Investments Commission's relatively new rules, which prohibit its regulated brokers from providing trading services outside Australia.。

IC MarketsClassified as an ECN broker offering clients MetaTrader 4, MetaTrader 5 and cTrader as platform trading options。The broker also follows market trends with cryptocurrencies as one of its products, enriching its already wide selection of trading assets, including currencies, indices, metals, energy, software, stocks and bonds.。

IC Markets "minimum deposits are at a moderate level compared to other ASIC-regulated brokers, as each customer has a deposit of $200.。Market analysis materials are also regularly prepared for trading insights on the official website of IC Markets, proving their ability to provide traders with important content created specifically for the market experts they work for.。

For payment methods, IC Markets allows financing and withdrawals via wire transfers, credit cards, PayPal, Skrill, Neteller, FasaPay, UnionPay, and BitPay's Bitcoin。The more interesting aspect of the broker is its multiple base currencies, including the US dollar, Australian dollar, euro, British pound, Singapore dollar, New Zealand dollar, Japanese yen, Swiss franc, Hong Kong dollar and Canadian dollar。

Due to the trading technology of IC Markets equipped with highly centralized servers and extremely low latency (especially on cTrader), the broker is well known for its ability to host traders with special needs for high-frequency trading and order brushing。

In summary, IC Markets is the right destination for active traders looking for well-regulated brokers。IC Markets is also flexible in terms of base currency and payment methods, which demonstrates their commitment to welcoming traders from outside their home countries.。By the end of 2019, IC Markets was offering websites in 18 international languages, including English, Korean, Indonesian, French, Spanish, Italian, Malay, German and Chinese.。

Admirals

Admirals is a multi-licensed broker that allows access to hundreds of stocks and stock CFDs from various exchanges around the world, and the broker does not charge commissions for these products.。

They offer Zero.MT5 account, another name for a low spread MT5 account that allows you to enjoy spreads as low as 0 points。However, for this account type, forex and metals per 1.1 for $0 transactions.8 to 3.$0 commission, cash index for every 1.$0 for transactions charged 0.05 to 3.$0 Commission。

FP Markets

FP Market is another brokerage firm with original Spread MT5 account。Here, you can enjoy a spread of 0 points and leverage of up to 500: 1 on the original account, which can also be used for low spread gold trading。In addition to ultra-low spreads, you can take advantage of deep market displays and technical indicators。

You can also use 6 pending stop order types, including buy stop limit and sell stop limit。Busy traders don't have to worry about missing out as FP Markets also offers email reminders on the platform and push notifications on mobile devices.。

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Maintaining an overnight position will not result in overnight / rollover fees reducing your income, so you don't have to worry about。FP Markets offers the most competitive swap rates in the industry by introducing swap points in the form of real-time swap rate listings on the MT4 and MT5 platforms。For example:

• ACWI: long position is -5.00, the short position is -2.50。
  ADAUSD: long position at -20.00, with a short position of -20.00。
  AGG: long position is -5.00, the short position is -2.50。

HFM

HF Markets Low Spread MT5 account is an excellent choice to provide 0 spread for your zero account。Of course, you can also get a large number of financial products, including but not limited to foreign exchange, metals, energy, indices and so on。

The minimum open deposit for a low spread MT5 account is $200, which is quite affordable。However, you will need to pay 0 per round.$06 Commission。

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HF Markets is an award-winning Forex and commodities broker founded in 2010, offering trading services and facilities to retail and institutional clients.。More than nine years since opening, HF Markets has opened around 1,500,000 live accounts worldwide with 200 employees.。

From the point of view of its services, HF Markets can be regarded as middle class, customers do not need to prepare a large deposit to join the broker to trade。In addition, there are a variety of account types, trading software and tools for both individual and institutional clients to trade Forex and CFD online。

HF Markets is the registered brand name of HF Markets (Europe), which is regulated by various financial regulators according to its location。Details are as follows:

• HF Markets (SV) Ltd, registered as an international business company in Saint Vincent and the Grenadines with registration number 22747 IBC 2015。
  HF Markets (Europe), licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 183 / 12。
  HF Markets SA (PTY) is a financial service provider (FSP) licensed and regulated by the South African Financial Sector Conduct Authority (FSCA) under license number 46632.。
  HF Markets (Seychelles) is incorporated under the laws of the Republic of Seychelles, registration number 8419176-1, regulated by the Seychelles Financial Services Authority (FSA), securities dealer license number SD015。
  HF Markets (DIFC) Ltd, licensed and regulated by the Dubai Financial Services Authority (DFSA), license number F004885。
  HF Markets (UK) Ltd, authorised and regulated by the Financial Conduct Authority (FCA), company reference number 801701。

Traders can become professional clients, manage and assess risk if they are more experienced, knowledgeable and have a more mature trading environment。As a result, professional clients can get better rates but less regulatory protection。

Trading through HF Markets gives traders access to a variety of trading tools, such as Forex CFD, cryptocurrencies, rare metals (gold, silver, etc.), energy (oil and gas), commodities (such as coffee, copper and sugar), indices, bonds and popular stocks (such as Google, Apple and Facebook)。

HF Markets offers the lowest spreads on the market, with spreads in zero accounts starting at 0。The broker's quotes for major forex currency pairs are accurate to five decimal places。As a result, traders have the opportunity to obtain more accurate pricing and optimal spreads。

HF Markets has received a number of prestigious titles, including the great honour of being among the world's top 100 companies in world finance.。Other awards include the "World's Best Customer Money Security" award from Global Brands magazine, the Best Global Forex Documentary Trading Platform award from the 2019 Global Forex Awards, and the 2019 Fastest Growing Forex Broker Mena Award from International Business Magazine.。

After opening an account in HF Markets, traders will be able to meet all their trading needs through various forex trading platforms。Whether traders prefer to trade on desktop or mobile, MetaTrader 4 can be used on desktop (terminals, multiterminals and web terminals) and mobile phones (iPhone, iPad and Android)。

Clients' funds are held in separate accounts and only the major banks are used by the market, as successful traders must focus their full attention on trading rather than worrying about the safety of their funds。

HF Markets does not charge any transaction fees when making deposits and withdrawals, and has a variety of payment methods, with a choice of wire transfers, bank cards and online payments (Neteller, iDeal, Soport Banking and Skrill), ensuring that traders can trade quickly 24 / 7 on weekdays.。

Traders can earn extra income by joining affiliate programs offered by Markets。Clients who join the program will get some advantages, such as a 60% net spread based on sub-client trading volume, and net income of up to $15 per lot.。More information about HF Markets can be found on its official website, which supports 27 languages。

In summary, HF Markets is one of the award-winning Forex and Commodities Brokers。Traders can choose from a variety of account types in HF Markets, and the broker itself is a trader's favorite due to its low spreads, ideal for traders with limited funds and a desire to have more opportunities to maximize profits。

Pepperstone

Pepperstone is one of the best brokers known for its Razor spreads。The condition is available on their MT5 platform, so you can enjoy spreads as low as 0 pips in your Razor Spread MT5 account。

They can offer such a benefit because Pepperstone uses multiple liquidity providers from Tier 1 banks and institutions to offer you competitive quotes with low spreads and deep liquidity.。Commission fees vary depending on the assets you trade。So make sure you understand this on their official website before trading。

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Founded in 2010 by a team of experienced traders working together to improve online trading, Pepperstone is based in Melbourne, Australia and has grown into one of the world's largest forex brokers.。If a trader wants to find a broker that offers low spreads, fast execution and award-winning support, the answer is Pepperstone。

Pepperstone has strong legal safeguards as it is licensed by Australian regulators ASIC and FCA.。Traders "funds can be deposited into separate accounts at Australia's top banks, one of which is National Australia Bank (NAB).。Therefore, if a trader chooses to open an account in Pepperstone, the safety of funds is not an issue。

They successfully partnered with 23 top banks to bring bids to investors instantly via fiber optics, which enabled all orders to be executed 100% automatically with delays as low as zero..05 milliseconds, no need for trading desk intervention and re-quotation, and ultra-low transaction costs。

Pepperstone is trusted by more than 73,000 traders worldwide, processing an average of 125 per day..$500 million in trading volume and won awards for such things as:

• Best Forex ECN Broker and Best Forex Trading Support Worldwide 2019 (Europe)
  Best Australian Broker and Best Trading Platform 2018 by Compare Forex Brokers
  2018 UK Forex Awards Best Forex ECN Broker, Best Forex Trading Support and Best Forex Trading Conditions

With numerous awards, Pepperstone attracts more and more traders from all over the world。Pepperstone's performance rose not only because of its ultra-low spreads and fast execution services, but also because many traders were keen to trade in currencies other than the US dollar.。

As a result, Pepperstone is one of the most responsive brokers to the market because it is willing to accept deposits in 10 currencies, including the Australian dollar, the US dollar, the euro, the Canadian dollar, the British pound, the Swiss franc, the Japanese yen, the New Zealand dollar, the Singapore dollar and the Hong Kong dollar.。

Pepperstone allows traders to choose between 11 trading platforms: MT4 Desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad / Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo and cTrader Mobile。The choice of trading platform is very practical for novices because it executes quickly。

When trading Forex, traders can enjoy 0 on their Razor account.0 pip original spread, over 61 currency pairs, and commission-free account funds for various deposit options。In addition to currency pairs, Pepperstone offers several types of trading tools, including indices and stocks, commodities and cryptocurrency CFD。

Commodity trading tools are very diverse, not only metals, gold and silver, but also soft commodities such as cotton, sugar, coffee, cocoa and orange juice.。Pepperstone also offers energy (oil and gas) trading.。

Pepperstone offers two types of accounts, Razor accounts and Standard accounts。If you are a beginner, it is recommended to choose a EUR / USD average spread of 1.0-1.3 point and commission-free standard account。

Traders with specific trading styles (such as scalping traders and algorithmic traders) may enjoy the traditionally lower-cost setup of Razor accounts, with a trading commission of 7 Australian dollars and a trade of 100,000 US dollars per round..01 (micro) and 1: 400 leverage to start trading。

As Pepperstone customers, traders can deposit and withdraw money through Visa, Mastercard, POLi Internet Banking, Bank Transfer, BPay, PayPal, Neteller, Skrill and Union Pay。

If you are new to trading or want to practice your trading skills in a risk-free environment, you can create a demo account, but if you are experienced or prefer to learn by doing, Pepperstone offers live accounts that allow you to trade with real-time execution and pricing.。

Traders can also use third-party services to follow popular trader scenarios while learning how to improve their trading abilities。Pepperstone works with a range of social trading platforms for traders to choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader Signals and Duplitrade。

Benefits of using MetaTrader 5

While some traders may lean towards the popular MT4, other traders may prefer to use MT5。First, it is an updated and improved version of its predecessor, which has long been the industry standard for traders around the world.。

Another reason is that while FX traders primarily use MT4 accounts, MT5 is a multi-asset platform.。In addition, MetaTrader 5 has 2 market orders, 6 pending orders and 2 stop orders, while MT4 only offers 2 market orders and 4 pending orders.。

In addition, MetaTrader 5 has a user-friendly interface, which can be easily used even if you don't have much experience。Here are other significant advantages you can experience with MT5:

Technical analysis

The MT5 trading platform has more than 100 price charts, 21 time frames, ranging from one minute to one month, making MT5 suitable for analyzing short- and long-term price trends.。

In addition, MetaTrader 5 is equipped with 38 built-in technical indicators, including but not limited to EMA, MACD-2 line, volume curve, pivot point, brick, zigzag, b-clock, etc.。Custom indicators are also available from CodeBase and MQL5 markets。

Tools

MetaTrader 5 also has many useful tools to help you get the best trading conditions。First, MT5 offers real-time international news streams and an economic calendar。In addition, the software also has a market depth function, which can help you understand the liquidity of the market。It is also equipped with one-click trading and a large historical market information base, and also allows separate accounting for orders and transactions, including netting and hedging。

Customization

If you like customization, you will love MT5, because the design of the network terminal takes into account the personalization。It supports integration so that users can run custom indicators to analyze price data。These scripts can perform almost any function on the platform, such as adding metrics to a chart or closing all pending orders。On top of that, these libraries are filled with task combinations of popular custom application sections on shared platforms。

EA

If you like automated trading, then MT5 is a great choice for you because it is highly compatible with intelligent trading systems (EA) that can automatically execute trades for you。Compared to MT4, the EA running on the MT5 platform uses the MQL5 programming language and experienced traders can also benefit from support tools like MetaEditor and Strategy Tester。

Mobile Applications

Today, traders tend to conduct activities on mobile devices。The MT5 mobile app is one of the best apps in its class, through which you will access a complete set of trading orders, including pending orders and secondary prices。Switching between financial instruments on the chart can also be done in a short time。In addition, you can also enjoy free financial news, push notifications, 30 technical indicators and 24 analysis tools。