MT5
A powerful platform for Forex and Exchange markets.
The MetaTrader 5 trading platform offers to traders of all skill levels advanced technical analysis, flexible trading system, algorithmic trading and expert advisors, as well as mobile trading applications.
With a variety of market, pending and stop orders as well as a trailing stop at your disposal, you can perform trades regardless of the current market situation. Both platforms boast a fully-functional demo account offering strong support and access to a plethora of educational resources.
WHY CHOOSE MT5
MetaTrader4 vs MetaTrader 5
Not sure which one to go for? You’ve come to the right place. We compare and contrast the two MetaTrader platforms for you here.
| Features | Description | MT5 | MT4 |
|---|---|---|---|
| Order Execution Types | Number of supported types of order execution. | 1 | 1 |
| Partial Order Filling Policies | 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. |
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| Pending Order Types | Additional order execution conditions |
Fill or Kill Immediate or Cancel Return
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Fill or Kill
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| Order Execution Types | Types of pending orders requesting a broker to buy or to sell a financial security under pre-defined conditions in the future. | 6 | 4 |
| Netting | Having one open position of a financial instrument only. |
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| Hedging | Having multiple positions of a financial instrument, both in the same and opposite direction |
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| Market Depth | Bids and offers for a financial security at different prices depending on the volume |
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| Technical Indicators | Technical indicators are used to automatically detect patterns in the financial instrument price dynamics | 38 | 30 |
| Graphical Objects | Analysis tools that help to identify financial instrument price trends, to detect cycles and support / resistance levels, to build channels and more | 44 | 31 |
| Timeframes | Group quotes of financial instrument in time intervals. | 21 | 9 |
| Economic Calendar | A fundamental analysis tool which features macroeconomic news from numerous countries that can affect financial instrument prices |
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| Strategy Tester | EA tester and optimization modes. |
Multi-threaded + Multi-currency + Real ticks |
Single thread |
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