Best MT5 ECN Brokers 2026
Top forex brokers offering MetaTrader 5 with true ECN execution, raw spreads, and advanced trading features.
Written by
Lisa Martinez
Fact Checked by
James Wilson
Top 10 MT5 ECN Brokers in 2026
MetaTrader 5 offers advanced features over MT4 including more timeframes, depth of market, and economic calendar integration. Combined with ECN execution, MT5 ECN brokers provide the best of both worlds: a powerful platform with transparent, raw pricing direct from liquidity providers.
What's the difference between MT4 and MT5 ECN?
MT5 offers more timeframes (21 vs 9), more order types, depth of market, built-in economic calendar, and improved MQL5 programming language. ECN execution on MT5 provides raw spreads from liquidity providers.
MetaTrader 5 Features
Compare MT5-specific features and capabilities.
| Broker | ||
|---|---|---|
| Exness | All timeframes, DOM, Economic Calendar | |
| Axi | All timeframes, DOM, Economic Calendar | |
| HFM | All timeframes, DOM, Economic Calendar | |
| RoboForex | All timeframes, DOM, Economic Calendar | |
| FXTM | All timeframes, DOM, Economic Calendar | |
| XM | All timeframes, DOM, Economic Calendar | |
| Pepperstone | All timeframes, DOM, Economic Calendar | |
| IC Markets | All timeframes, DOM, Economic Calendar | |
| FP Markets | All timeframes, DOM, Economic Calendar | |
| Eightcap | All timeframes, DOM, Economic Calendar |
Detailed Broker Analysis
Advanced MT5 with true ECN.
Exness offers MT5 with true ECN execution featuring all 21 timeframes, depth of market, and integrated economic calendar. Raw spreads from 0.0 pips.
MT5 ECN with ProTrader integration.
Axi combines MT5's advanced features with ECN execution and ProTrader tools. Full depth of market visibility and hedging support.
MT5 ECN with zero spread accounts.
HFM provides MT5 with ECN/STP execution on their Zero Spread account. Full MT5 features including DOM and multiple asset classes.
MT5 ECN Pro for professionals.
RoboForex offers MT5 with their ECN Pro account featuring institutional liquidity and raw spreads. Low minimum deposit of just $10.
MT5 ECN with excellent education.
FXTM provides MT5 with ECN execution and comprehensive educational resources. Full platform features with depth of market and hedging.
MT5 with no re-quotes.
XM offers an excellent MT5 environment with a strict no re-quotes policy. While not a traditional ECN, their execution speed and reliability rival ECN standards.
Razor sharp spreads on MT5.
Pepperstone is a top choice for MT5 ECN trading with their Razor accounts. Ultra-low latency execution and deep liquidity ideal for scalpers.
High volume MT5 ECN trading.
IC Markets is the world's largest ECN broker by volume. Their MT5 offering includes raw spreads from 0.0 pips and servers located in the NY4 data center.
Flexible MT5 ECN conditions.
FP Markets offers genuine ECN pricing on MT5. They provide consistent execution quality and a wide range of tradable assets including crypto.
MT5 ECN for crypto traders.
Eightcap is excellent for MT5 users who also trade crypto. They offer raw ECN spreads for forex and an immense range of crypto CFDs.
Frequently Asked Questions
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January 2026