| Online Broker | Minimum Deposit | MetaTrader Trading Platforms | About |
|---|---|---|---|
| XM | $5 MT5 Minimum Deposit | MT5, MT4 MetaTrader Trading Platforms | XM has a $5 minimum deposit for its Metatrader 5 and MetaTrader 4 trading accounts, which include a Micro (Cent type) account for both platforms About |
| Deriv | $5 MT5 Minimum Deposit | MT5 MetaTrader Trading Platform | Deriv has a $5 minimum deposit for a live account and no minimum deposit to transfer into the MT5 account and offers markets such as Synthetic Indices and Forex CFDs About |
| RoboForex | $10 MT5 Minimum Deposit | MT5, MT4 MetaTrader Trading Platforms | RoboForex has a $10 minimum depsoit to use MT5, and MT4, with Cent and ECN accounts available. About |
| Pepperstone | $200 Minimum Deposit | MT5, MT4 MetaTrader Trading Platforms | The minimum deposit for MT5 is $200. Pepperstone provides MT5 along with MT4, cTrader and TradingView. About |
What Is The Minimum Deposit For MT5 ?
MetaTrader 5 is the successor to MetaTrader 4. MT5 is offered by a wide range of brokers, which may also provide MT4. To trade on a live account, it is necessary to deposit at least the minimum deposit for the broker. However MT5 may have a different minimum deposit from MT4.
The minimum deposit is the minimum initial deposit required to trade at a broker. Different accounts can have different minimum deposits. The minimum which can be sent from a particular payment provider can differ as well from the minimum deposit. What does it mean when there is no minimum deposit ? This simply means that the broker does not set a minimum deposit, leaving it up to the trader. However the trader needs to consider whether they will have enough to trade in a comfortable way, no matter that the minimum deposit.
MetaTrader 5 is an online trading platform which allows the trader to use online trading robots, called Expert Advisors (EAs) as well as tools for technical and fundamental analysis. MT5 is the successor to MT4 and offers a number of improvements on this platform. Like MT4, the trader can download (typically for a fee) EAs and indicators but can also make them in the MQL5 programming language (which differs from MT4's MQL4 language).
Some brokers fit MT5 into their account structure with MT4. Others have a separation from MT4, particularly in terms of Cent accounts, which are accounts offering very low minimum trade sizes and typically a low minimum deposit (sometimes called Micro accounts). So at some brokers, the minimum deposit for MT5 can in fact be $5.
