MT4 and MT5 Platforms

An educational comparison of MetaTrader 4 and MetaTrader 5.

TopicMetaTrader 4 (MT4)MetaTrader 5 (MT5)
Common useWidely used for forex tradingSupports broader multi-asset workflows depending on broker
ProgrammingMQL4MQL5
ChartingBuilt-in charts and indicatorsAdditional native timeframes and tools
AvailabilityBroker-dependentBroker-dependent

Which platform should you explore?

Compare the instruments you need, platform compatibility, costs, order types and educational resources. Automated trading can fail or behave unexpectedly.

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