MT5 vs MT4 comparison
MetaQuotes have released MetaTrader 4 (MT4) and MetaTrader 5 (MT5) in 2005 and 2010, respectively. Since the release of MT4, the trading platform has become popular and widely used by forex & CFD brokerages. The MT5 platform targets a wider range of businesses including connection to exchanges, better flexibility in configuration and support for other asset classes than forex. At Fair Trading Technology, we offer white label solutions for both platforms.
Below you can learn more about the differences between MT4 and MT5.
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MetaTrader 5 (MT5)
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MetaTrader 4 (MT4)
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|---|---|---|
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Execution modes
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4
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3
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64-bit version
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Server architecture
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Distributed
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Single
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Accounts groups
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Unlimited
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512
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Security groups
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Unlimited
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32
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Built-in order routing
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|
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Orders database size
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Unlimited
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Up to 10M orders
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Reports
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Charts (HTML5) + tables
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Tables only
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Balance transaction types
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Balance, Credit, Correction, Charges
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Balance, Credit
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Bonus, Commission, Agent, Interest
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|
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Log-files ZIP compression
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Automated
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|
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SQL Export
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Native (MySQL, MSSQL, Oracle)
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Limited (MySQL)
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Manager API
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C++, ASP.Net, PHP
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C++
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Gateway API
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|
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Report API
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|
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Partial Order Filling Policies
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|
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Order Fill Policy
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Fill or Kill
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Fill or Kill
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|
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Immediate or Cancel
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|
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Return
|
|
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Pending Order Types
|
6
|
4
|
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Depth of Market
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|
|
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Time&Sales (Exchange data)
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|
|
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Technical Indicators
|
38
|
30
|
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Analytical Objects
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44
|
31
|
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Timeframes
|
21
|
9
|
|
Economic Calendar
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|
|
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Email System
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with attachments
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no attachments
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Transfer funds between accounts
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|
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Embedded MQL5.community chat
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|
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Strategy Tester
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Multi-threaded
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Single thread
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|
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+ Multi-currency
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|
|
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+ Real ticks
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|
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Multilingual Unicode
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|
|
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Netting
|
|
|
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Hedging
|
|
|
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Symbols
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Unlimited
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1 024
|
|
Supported Markets
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Forex / Futures /
|
Forex
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|
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Options / Stocks /
|
|
|
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Bonds
|
|
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Exchange Trading
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|
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For more information, you can also visit MetaQuotes’ website.
