MetaTrader 4 offers time-tested reliability with streamlined functionality perfect for forex-focused traders seeking established performance. Meanwhile, MetaTrader 5 delivers advanced multi-asset capabilities with enhanced analytical tools, customizable timeframes, and deeper market depth—ideal for diversified portfolio strategists. Both platforms provide the precision execution and security that serious traders demand, with distinct advantages tailored to different trading approaches.
Trading CFDs involves significant risk of loss
Chosen by millions for its simple, user-friendly interface, MT4 is the world's original online trading platform and a gold standard.
Supercharge your trading with MT5: instant access, boundless analysis & automation.
While MT4 focuses on Forex trading, MT5 expands to Forex, futures, stocks, and CFDs. Its updated language enables faster backtesting and includes Depth of Market functionality, with full MetaQuotes support—unlike MT4.
Manage your account and trade currencies and securities instantly.
Choose your platform and start trading with M4Markets today.
Ready to dive into the markets? Getting started with trading is a straightforward process.
Complete our Registration Form and access the Client Portal. Complete your Economic profile, upload the required documents and verify your profile.
Choose “Open Live Account” under the Accounts tab and select an account. Click “Deposit funds” under the funds tab to select your funding method.
Choose “Downloads” tab under Trader’s Menu and download your preferred platform. Launch your platform and start trading.
OR try risk-free demo account Trading CFDs involves significant risk of loss
The main difference lies in the platforms’ focus. MetaTrader 4 (MT4) was developed primarily for forex trading, making it especially popular among currency traders. MetaTrader 5 (MT5), on the other hand, was designed as a multi-asset platform. In addition to forex, MT5 provides access to trading a wider range of instruments such as CFDs on stocks, indices, and commodities.
Both MT4 and MT5 support automated trading through Expert Advisors (EAs). The key distinction is in their programming languages: MT4 uses MQL4, while MT5 uses MQL5. MQL5 is more advanced and allows for faster, more comprehensive back-testing and the development of complex automated systems. While MT4 remains highly capable for algorithmic trading, MT5 expands the possibilities for traders seeking advanced automation.
The choice depends on individual trading preferences. MT4 remains widely used for forex due to its simplicity and large library of existing Expert Advisors. MT5, however, offers a broader set of tools and features, including enhanced charting, more order types, and multi-asset support. Traders focused on forex may find MT4 sufficient, while those who want more analytical power or access to multiple asset classes may prefer MT5.
MT5 expands on MT4 by offering more timeframes (21 versus 9) and additional order types, giving traders greater flexibility in executing strategies. MT5 is also a 64-bit, multi-threaded platform, which makes it faster and more efficient when handling complex tasks. These enhancements make it well suited for traders requiring advanced functionality.
Deciding between MT4 and MT5 depends on the instruments and tools you require. Traders whose focus is mainly on forex and who value simplicity may prefer MT4, while those seeking multi-asset access and advanced analytical or automated trading capabilities may find MT5 more suitable. Both platforms provide reliable environments for trading, and the decision ultimately comes down to personal strategy and preferences.
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