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.

 
  MetaTrader 5 (MT5) MetaTrader 4 (MT4)
Execution Modes 4 3
64 Bit Version
Server Architecture Distributed Single
Account groups Unlimited 512
Security Groups Unlimited 32
Built-in order routing
Orders database size Unlimited Up to 10M orders
Reports Charts (HTML5) + tables Tables only
Balance transaction types

Balance, Credit, Correction, Charge,

Bonus, Commission, Agent, Interest

Balance, Credit
Log-files ZIP compression Automated
SQL Export Native (MySQL, MSSQL, Oracle) Limited (MySQL)
Manager API C++, ASP.Net, PHP C++
Gateway API
Report API
Partial Order Filling Policies
Order Fill Policy

Fill or Kill

Immediate or Cancel

Return

Fill or Kill
Pending Order Types 6 4
Depth of Market  ❌
Time&Sales (Exchange data)  ❌
Technical Indicators 38 30
Analytical Objects 44 31
Timeframes 21 9
Economic Calendar
Email System

with attachments

no attachments

Transfer funds between accounts  ❌
Embedded MQL5.community chat  ❌
Strategy Tester

Multi-threaded

+ Multi-currency

+ Real ticks

Single thread
Multilingual Unicode  ✔  ❌
Netting  ✔  ❌
Hedging  ✔  ❌
Symbols Unlimited 1 024
Supported Markets Forex / Futures /
Options / Stocks /
Bonds
Forex
Exchange Trading

For more information, you can also visit MetaQuotes’ website.