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. At Fair Trading Technology, we offer white label solutions for both platforms. Here are some comparisons between MT4 and MT5.

 
 MetaTrader 5 (MT5)MetaTrader 4 (MT4)
Execution Modes43
64 Bit Version
Server ArchitectureDistributedSingle
Account groupsUnlimited512
Security GroupsUnlimited32
Built-in order routing
Orders database sizeUnlimitedUp to 10M orders
ReportsCharts (HTML5) + tablesTables only
Balance transaction types

Balance, Credit, Correction, Charge,

Bonus, Commission, Agent, Interest

Balance, Credit
Log-files ZIP compressionAutomated
SQL ExportNative (MySQL, MSSQL, Oracle)Limited (MySQL)
Manager APIC++, ASP.Net, PHPC++
Gateway API
Report API
Partial Order Filling Policies
Order Fill Policy

Fill or Kill

Immediate or Cancel

Return

Fill or Kill
Pending Order Types64
Depth of Market ❌
Time&Sales (Exchange data) ❌
Technical Indicators3830
Analytical Objects4431
Timeframes219
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 ✔ ❌
SymbolsUnlimited1 024
Supported MarketsForex / Futures /
Options / Stocks /
Bonds
Forex
Exchange Trading

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