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The MetaTrader 4 and MetaTrader 5
trading platforms

Learn about their different strengths and find the right fit for you.

MetaTrader is the universally popular online trading platform that lets you monitor the markets and trade in real-time. When you trade with us, you trade on one of these two powerful platforms, beloved by traders of all experience levels around the world. MT4 and MT5 are free to download on PC, Mac, mobile and tablet.

Some differences between the two are outlined in the comparison table below. It’s important to understand these before you make your choice.

What's the difference between the MT4 and MT5 trading platforms?

MT4
MT5

DESCRIPTION
Number of supported types of order execution.

Instant Execution

Yes

Yes

Market Execution

Yes

Yes

Request Execution mode

Yes

Yes

Exchange Execution Mode

No

Yes

DESCRIPTION
Partial edit option where a trade that is now available with maximum volume is executed, not exceeding the volume requested in the order, and unfilled volume is cancelled.

DESCRIPTION
Additional order execution conditions

DESCRIPTION

Types of pending orders requesting a broker to buy or to sell a financial security under pre-defined conditions in the future.

Buy Limit

Yes

Yes

Buy Stop

Yes

Yes

Sell Limit

Yes

Yes

Sell Stop

Yes

Yes

Buy Stop Limit

No

Yes

Sell Stop Limit

Yes

Yes

DESCRIPTION

Having one open position of a financial instrument only.

DESCRIPTION

Having multiple positions of a financial instrument, both in the same and opposite direction

DESCRIPTION

Bids and offers for a financial security at different prices depending on the volume

DESCRIPTION

Technical indicators are used to automatically detect patterns in the financial instrument price dynamics

Average Directional Movement Index

Yes

Yes

Average Directional Movement Index Wilder

Yes

Yes

Bollinger Bands

Yes

Yes

Envelopes

Yes

Yes

Ichimoku Kinko Hyo

Yes

Yes

Moving Average

Yes

Yes

Parabolic SAR

Yes

Yes

Standard Deviation

Yes

Yes

Bears Power

Yes

Yes

Bulls Power

Yes

Yes

Commodity Channel Index

Yes

Yes

DeMarker

Yes

Yes

Force Index

Yes

Yes

MACD

Yes

Yes

Momentum

Yes

Yes

Moving Average of Oscillator

Yes

Yes

Relative Strength Index

Yes

Yes

Relative Vigor Index

Yes

Yes

Stochastic Oscillator

Yes

Yes

Williams’ Percent Range

Yes

Yes

Accumulation/Distribution

Yes

Yes

Money Flow Index

Yes

Yes

On Balance Volume

Yes

Yes

Volumes

Yes

Yes

Accelerator Oscillator

Yes

Yes

Alligator

Yes

Yes

Awesome Oscillator

Yes

Yes

Fractals

Yes

Yes

Gator Oscillator

Yes

Yes

Market Facilitation Index

Yes

Yes

Adaptive Moving Average

No

Yes

Fractal Adaptive Moving Average

No

Yes

Triple Exponential Moving Average

No

Yes

Variable Index Dynamic Average

No

Yes

Average True Range

No

Yes

Chaikin Oscillator

No

Yes

Triple Exponential Average

No

Yes

DESCRIPTION

Analysis tools that help to identify financial instrument price trends, to detect cycles and support / resistance levels, to build channels and more

Horizontal Line

Yes

Yes

Vertical Line

Yes

Yes

Trendline

Yes

Yes

Trendline by Angle

Yes

Yes

Cycle Lines

Yes

Yes

Equidistant Channel

Yes

Yes

Standard Deviation Channel

Yes

Yes

Andrews' Pitchfork

Yes

Yes

Fibonacci Retracement

Yes

Yes

Fibonacci Time Zones

Yes

Yes

Fibonacci Fan

Yes

Yes

Fibonacci Arcs

Yes

Yes

Fibonacci Channel

Yes

Yes

Fibonacci Expansion

Yes

Yes

Gann Line

Yes

Yes

Gann Fan

Yes

Yes

Gann Grid

Yes

Yes

Rectangle

Yes

Yes

Triangle

Yes

Yes

Ellipse

Yes

Yes

Thumbs Up

Yes

Yes

Thumbs Down

Yes

Yes

Up Arrow

Yes

Yes

Down Arrow

Yes

Yes

Stop Sign

Yes

Yes

Check Sign

Yes

Yes

Left Price Label

Yes

Yes

Right Price Label

Yes

Yes

Text

Yes

Yes

Text Label

Yes

Yes

Button

Yes

Yes

Graph

Yes

Yes

Bitmap

Yes

Yes

Bitmap Label

Yes

Yes

Edit

Yes

Yes

Event

Yes

Yes

Rectangle Label

Yes

Yes

Arrowed Line

No

Yes

Regression Channel

No

Yes

Elliott Wave Theory

No

Yes

Construction of Waves

No

Yes

Buy Sign

No

Yes

Sell Sign

No

Yes

Arrow

No

Yes

DESCRIPTION

Group quotes of financial instrument in time intervals.

1M

Yes

Yes

2M

No

Yes

3M

No

Yes

4M

No

Yes

5M

Yes

Yes

6M

No

Yes

10M

No

Yes

12M

No

Yes

15M

Yes

Yes

2M

No

Yes

30M

Yes

Yes

1H

Yes

Yes

2H

No

Yes

3H

No

Yes

4H

Yes

Yes

6H

No

Yes

8H

No

Yes

12H

No

Yes

D1

Yes

Yes

W1

Yes

Yes

MN

Yes

Yes

DESCRIPTION

A fundamental analysis tool which features macroeconomic news from numerous countries that can affect financial instrument prices

DESCRIPTION

Built-in email service, where you can receive notifications from FXTM straight to your platform.

DESCRIPTION

EA tester and optimization modes.

DESCRIPTION

Chat with other traders directly from the platform

FREQUENTLY ASKED QUESTIONS FROM OUR TRADERS

Yes. You can start day trading with as little as $50 on our Micro account, and $500 on our Advantage and Advantage Plus accounts.

Firstly, register with us and create your account. Once you've made your initial minimum deposit, you'll be ready to start trading. Remember to check out our free educational resources to help you get started.

MetaTrader has a powerful security system, and we also abide by strict regulations and keep your information secure at all times. Remember to trade wisely - never risk more capital than you can afford to lose.

Both the MT4 and MT5 trading apps comes with a cast range of technical tools and indicators. MT4 is the industry favourite, and many new traders prefer to start there.

Our traders use MT4, MT5 or our own FXTM Trader app.

We welcome traders of all experience levels, but beginners enjoy our free educational resources and dedicated Customer Support to help along the way.

MT4 is known as the classic industry favourite, and many of our new traders are most comfortable starting there. It has a user-friendly interface and many tools and indicators to help you monitor the markets.

Both MT4 and MT5 offer CFD trading, but many CFD traders prefer MT4.

MT4 is a popular choice for forex traders, but you can also trade FX on MT5.

We have hundreds of major global stocks available to trade on MT5, but we don't currently offer individual stock trading on MT4 - but you can trade stock baskets.

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