MT4 has a user-friendly interface that is suitable for traders of all levels.
Windows and charts can be arranged for each profile according to your preferences.
MT4 doesn’t slow down the performance of your PC or mobile, keeping disruption to a minimum.
Advanced charting tools help analyze the technical aspects of the market.
Trading robots enable the automation of trades and access to the platform’s algorithmic trading benefits.
The platform is available in multiple languages.
Depth of Market
Displays the corresponding information about buyers and sellers’ nearest orders with a step of a price change and real volume of orders at specified quotes.
Try a highly flexible trading experience with the MT5 platform, and the help of market orders, 6 different types of pending order, and also stop-loss and take-profit orders.
A netting system has been added to MT5, so that the chart displays only one order, which is the average value of all open positions for one asset, making it easier to track just one transaction.
Algo Trading & Backtesting
MT5 is built on MQL5, a high performance and object-oriented programming language. With this, you get improved backtesting capabilities, including multiple pair backtesting. The language can also be used for developing trading robots and algorithms.
MT5 allows you to build their own EAs so you are not restricted to the built-in technical indicators.
MT5 includes non-standard time frames by default.
With the MT5 platform, traders can access 44 analytical objects, 38 technical indicators, and numerous charts in 21 timeframes.
The data exchanged between the server and the trading platform is compressed and encrypted using a 128-bit system. The platform has an extended authentication mode as well. It can be enabled on the server and provides added protection against unauthorised access.
What’s the Difference between MT4 and MT5?
MT4 is designed for CFD and forex instruments, whereas MT5 is an all-in-one state of the art multi-asset trading platform, covering both centralised and non-centralised financial markets, including, stocks, futures, and FX trading instruments.
|Order Execution Policy||Fill or Kill||Fill or Kill / Immediate or Cancel|
|Hedging / Netting||Hedging Only||Hedging and Netting|
|Depth of Market||No||Included|
|Technical Indicators / Chart Objects||30/31||38/44|
|Strategy Tester||Mono-threaded||Multi-threaded. MQL5 Cloud Network|
|Markets||Foreign Exchange (FX), Spot Metals, Energy CFDs, Equity Index CFDs and Crypto CFDs||Foreign Exchange (FX), Spot Metals, Energy CFDs, Equity Index CFDs and Crypto CFDs|
|Apps||Mobile & Desktop||Mobile, Desktop & Browser|
|Built-in MQL5 Chat||No||Included|