MLE-Toolbox is a comprehensive open-source MATLAB toolbox for end-to-end analysis of magnetoencephalography (MEG) and electroencephalography (EEG) data. Inspired by widely used neuroimaging platforms such as Brainstorm and FieldTrip, it integrates the full analysis pipeline within a unified and user-friendly graphical interface (GUI), covering raw data import, preprocessing, source localization, functional connectivity, oscillatory analysis, and machine learning-based classification. The toolbox includes automated artifact rejection methods, including independent component analysis (ICA), signal-space projection (SSP), and signal-space separation (SSS); multiple source localization approaches, including minimum norm estimation (MNE), dynamic statistical parametric mapping (dSPM), standardized low-resolution brain electromagnetic tomography (sLORETA), and beamforming; multi-atlas parcellation with anatomical visualization; spectral power analysis with frequency-band brain mapping; phase-amplitude coupling (PAC); graph-theoretic brain network analysis; and integrated machine learning and deep learning classifiers. MLE-Toolbox also provides native interoperability with Brainstorm, FieldTrip, EEGLAB, and FreeSurfer, allowing researchers to build on established workflows while benefiting from additional automation, interactive visualization, and one-click academic report generation. Freely available for non-commercial use, MLE-Toolbox is designed to lower the barrier to rigorous, reproducible MEG/EEG research.