MT4 and MT5 Platforms
An educational comparison of MetaTrader 4 and MetaTrader 5.
| Topic | MetaTrader 4 (MT4) | MetaTrader 5 (MT5) |
|---|---|---|
| Common use | Widely used for forex trading | Supports broader multi-asset workflows depending on broker |
| Programming | MQL4 | MQL5 |
| Charting | Built-in charts and indicators | Additional native timeframes and tools |
| Availability | Broker-dependent | Broker-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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