MetaQuotes MT5 requirements: what goes into an MT5 licence application

What does MetaQuotes check before granting an MT5 licence?

MetaQuotes checks that the applicant is a real, properly registered company that is set up to do brokerage business, that it banks with a licensed bank, that its website tells clients who it is, and that the people behind it can be identified. It is a vendor’s due diligence, not a regulator’s licensing process, but it is thorough, and in our experience it gets more careful every year.

MetaQuotes’ own public guide for new brokers sets the tone. Its first step is company formation, funding and a bank account; its second is a website carrying full company information. MetaQuotes does not publish a fixed document list, and the requests can differ from one applicant to the next. What follows is what we collect and check in the MetaQuotes applications we handle for clients, as a consulting firm that prepares these files for a fee.

It helps to think of the file as answering four questions: does the company exist and is it in good standing; is it allowed to carry on this activity; who owns and runs it and where; and does it present itself honestly to clients. Every document you send should answer one of those questions, and none should contradict another.

Which corporate documents does MetaQuotes require?

In the applications we handle, MetaQuotes asks for the documents that prove the company exists and show who controls it: the certificate of incorporation, a recent good standing or incumbency certificate where the company is not newly formed, the register of directors and the register of shareholders. Where nominees are used, it wants the papers that lead to the real owner.

The table shows each item, who normally issues it and the mistake we see most often. The table reflects what we collect in the applications we handle in 2026; MetaQuotes may ask for more, or for something different, in any individual case.

How do you prove your company may offer forex or CFD trading?

You prove it in one of three ways: a memorandum whose objects expressly cover brokerage or trading in financial instruments, a legal opinion from local counsel, or a licence from a financial regulator. MetaQuotes needs to see that the activity is registered under the company and that the business is in line with applicable rules.

Many offshore companies have an objects clause along the lines of “any lawful activity”. That is legally wide but tells a reviewer nothing, so a short opinion letter stating what the company may do and whether its home jurisdiction requires a licence for it is usually the safer choice. A regulatory licence is the strongest evidence, and it also answers questions banks and liquidity providers will ask later.

What must your website show before you apply?

Your website must show full company information, including the registration number, a contact form and other contact details, the registered address and the address of your physical office, together with clear risk disclosures and the list of countries you do not serve. Those items come straight from MetaQuotes’ guide for new brokers. The site’s domain will appear inside the MetaTrader terminal, so it must belong to the company.

We review websites line by line against the corporate documents before anything is sent. The checklist below is what we look for.

• Full legal company name with the correct suffix, exactly as on the certificate
• Registration number and the jurisdiction of incorporation
• Registered address, formatted the same way as on the corporate documents
• Physical operating address
• Contact form or email, and a telephone number
• Risk warning on leveraged products, visible across the site
• Restricted countries, stated plainly
• Licence number and regulator, only if the company holds one
• Client agreement, privacy policy, and trading conditions or account types
• HTTPS on a domain registered to the company, not to an individual or developer

Which AML and compliance policies should be ready?

MetaQuotes’ own list concentrates on corporate documents, but you should have an anti-money-laundering policy, KYC procedure, risk disclosure, client agreement and complaints process ready before you apply. Reviewers sometimes ask about client onboarding, and banks, payment providers and liquidity providers will ask for these documents anyway. A licensed route makes them mandatory: the Mauritius FSC, for example, lists an AML/CFT description, a compliance manual, a client agreement, complaints handling and business continuity among its application items.

For a company-only route there is no regulator to satisfy, which tempts founders to skip this work. We would not. A short, accurate AML and KYC policy that matches how your CRM actually onboards clients is worth more than a long template nobody follows. Our KYC and AML glossary entry explains the basics.

• AML/CFT policy naming a responsible officer
• KYC and client onboarding procedure, including sanctions and PEP screening
• Client agreement and order execution policy
• Risk disclosure statement
• Complaints procedure
• Privacy policy and data handling

What does MetaQuotes need from your bank?

MetaQuotes needs evidence of a corporate bank account at a licensed bank, held in the name of the company that will be your brokerage. In the applications we handle, that means a bank reference letter addressed to MetaQuotes or, failing that, a certified bank statement. MetaQuotes’ guide recommends opening the account early, and we agree: it is the step most likely to hold up a file.

A useful letter is on the bank’s letterhead, signed and dated, states the company’s full name and registration details, confirms the account is open and in good standing, and gives the date the relationship started. If you mainly use an electronic money institution or payment provider, expect closer questions; send it to us first and we will tell you whether it is likely to be enough.

Printable checklist: the MetaQuotes MT5 application file

This is the checklist we work from when we prepare a MetaQuotes file; it is our working list, not a document published by MetaQuotes. Print it or copy it into your project tracker. Tick an item only when the document is final and matches every other item on the list. If you would like a second pair of eyes, send us your checklist on WhatsApp and we will mark what is missing.

• ☐ Certificate of incorporation (plus change-of-name certificate, if any)
• ☐ Good standing or incumbency certificate, recent (if the company is older than about six months)
• ☐ Register of directors, current
• ☐ Register of shareholders, current
• ☐ Beneficial ownership documents for every nominee or holding layer
• ☐ Proof of registered address
• ☐ Proof of physical address: utility bill, lease or certified confirmation letter
• ☐ Activity evidence: specific objects clause, legal opinion or regulatory licence
• ☐ Bank reference letter addressed to MetaQuotes, or certified statement
• ☐ Domain registered to the company; registrar record saved
• ☐ Website live with all disclosures listed above
• ☐ AML/KYC policy, client agreement and risk disclosure published or ready
• ☐ Signatory authorised by board resolution or power of attorney
• ☐ Signatory and beneficial owners ready for online identity verification
• ☐ One spelling of the company name and one address format used everywhere

How do the requirements differ by jurisdiction?

The list is the same everywhere; what changes is how each item is evidenced. A regulated company answers the activity question with its licence, while a company-only route leans on a legal opinion. Comoros companies need particular care because the Central Bank of the Comoros has publicly disputed island-issued licences.

How does the MetaQuotes review usually run?

The review usually runs in a predictable order once the file is complete. MetaQuotes does not publish timings, so treat the sequence below as a description, not a promise.

1. Choose a tierMetaQuotes’ purchase page offers Entry (“business capacity of 1,000 real accounts”, aimed at start-up and small companies), Standard (25,000 real accounts by default) and Enterprise (200,000). The software runs on hardware you control; MetaQuotes does not offer it as SaaS.
2. Submit the corporate packCertificates, registers, address proofs, activity evidence and the bank letter go in together.
3. Identity verificationThe authorised signatory and beneficial owners complete online checks through the link MetaQuotes sends.
4. Follow-up questionsExpect questions on ownership, activity, markets or the website. Fast, consistent answers matter more than long ones.
5. Agreement and paymentAfter a positive decision your company signs the licence agreement and pays MetaQuotes directly. In the applications we handle, the licence is billed as a monthly fee that depends on the tier, and on the Entry tier MetaQuotes asks for three months to be paid upfront.
6. DeploymentServers are installed on infrastructure you control, then configured, connected to liquidity and branded.

How does MetaQuotes charge for an MT5 licence?

MetaQuotes charges a monthly licence fee that depends on the tier you choose, and it does not publish the amounts. That is our experience from the applications we handle: Entry, Standard and Enterprise are billed monthly at different levels, and if you choose Entry, MetaQuotes asks for three months to be paid upfront when the agreement is signed. The tiers themselves are public. MetaQuotes’ purchase page describes Entry as providing “business capacity of 1,000 real accounts”, with 25,000 for Standard and 200,000 for Enterprise.

Plan your cash flow around that upfront payment, because it falls due at the point when most new brokers are also paying for hosting, liquidity onboarding and their first marketing. The licence fee is also only one line of the budget. Servers and data centre hosting, backups and monitoring, the bridge to your liquidity provider, the CRM, the WebTrader and mobile apps, and the people who administer the platform all sit outside the MetaQuotes invoice.

If you are comparing your own licence with a grey label or white label, compare the full monthly picture, not the licence line alone. Message us on WhatsApp and we will send current figures for the tier you are considering, together with the other costs you should expect.

• Which tier the business plan really needs in its first two years, given the real-account capacity of each
• The upfront payment on Entry and when it falls due relative to launch
• Hosting for trade, history and access servers, and who pays for it
• Bridge and liquidity connectivity, and whether the provider charges separately
• Front ends (WebTrader, mobile apps) and the CRM, and whether they are one contract or several
• Platform administration: in-house staff or an outsourced provider

How does FXUP help you meet the MetaQuotes requirements?

We handle the MetaQuotes requirements and application for you as a consulting service, for a fee: we assemble and cross-check the file, coordinate the people who issue each document, and help you answer MetaQuotes’ questions. Most items come from a registered agent, local counsel and a bank; our job is to make sure they arrive and agree with each other. Where your route needs a licence or a new company, we arrange it through local partners and registered agents, as described on our MT5 licence and forex licence jurisdictions pages.

FXUP is not affiliated with MetaQuotes, does not speak for it and cannot promise approval. After approval we connect our branded WebTrader, mobile apps, a CRM (our own or a partner CRM, whichever suits you) and liquidity bridge to your server; you can try the WebTrader demo before you decide. If MetaQuotes has already replied to you with questions, forward them to us on WhatsApp and we will help you draft the answers.

Questions buyers ask

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