MT5 Broker Comparison & Demo Setup
Choose the right MT5 broker for you — demo first, real trading later. Compare spreads, leverage, and account types easily.
Top Beginner-Friendly Brokers
| Broker |
Demo Account |
Min Deposit |
Spread |
Leverage |
| Broker A |
✅ Yes |
$10 |
0.8 pips |
1:500 |
| Broker B |
✅ Yes |
$50 |
1.2 pips |
1:400 |
| Broker C |
✅ Yes |
$5 |
1.0 pips |
1:200 |
All brokers above support MT5 and allow demo accounts so you can practice risk-free.
Step-by-Step Demo Setup
- Pick a broker from the table above.
- Go to the broker website → open a demo account.
- Download MT5 desktop or mobile app.
- Log in using demo account credentials.
- Check charts, place a small practice trade, and explore order types.
Tips for Beginners
- Always start with demo accounts until confident.
- Check leverage and avoid over-leveraging.
- Use stop loss for every trade.
- Track trades with a simple journal.
Download your free MT5 Starter Kit PDF