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Can I use MT5 without a broker?

You can use MT5 without a broker account for chart analysis, strategy testing, and demo trading, but you cannot place real trades without one.

MT5 is the platform; the broker provides market access, pricing, liquidity, order execution, funding, and withdrawals.

A demo account lets you practise with virtual funds, but live trading needs an account with a broker that supports MetaTrader 5, connected to the platform.