MT4 vs MT5
One of the advantages of trading with TradeUltra, is the variety of platforms and account suite that we offer. Not only do we provide a range of top-grade trading platforms but we also offer different trading conditions, allowing for a more personalised experience, tailored to your specific preferences.
* Trading in financial markets carries a significant risk of capital loss.
Comparison between MetaTrader 4 and MetaTrader 5
One of the advantages of trading with TradeUltra, is the variety of platforms and account suite that we offer. Not only do we provide a range of top-grade trading platforms but we also offer different trading conditions, allowing for a more personalised experience, tailored to your specific preferences.
With more than 3000 markets and extensive instruments in 6 different classes and quality execution, advanced online trading tools, and trading systems, we have got something that will meet everyone’s demands. The key difference between MetaTrader4 and MetaTrader5 lies in the range of the CFD products that are available on each one. MetaTrader 5 is more versertile than the MetaTrader 4 platform, offering enhanced trading features and better backtesting and analytical functionalities.
Difference and Advantages
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Features |
MetaTrader 4 |
MetaTrader 5 |
|---|---|---|
| Technical indicators | 30 | 38 |
| Graphical Objects | 31 | 44 |
| Timeframes | 9 | 21 |
| Hedging & Netting | Offers only hedging | Offers hedging & netting |
| Pending orders | 4 Types | 6 Types |
| Order fill policy | Fill or Kill immediate or cancel return | Fill or Kill |
| Strategy Tester | Single thread | Multi-threaded + Multi-currency + Real ticks |
| Order Execution Types | 3 | 4 |
| Reports | Tables | Charts (HTML5 & Tables) |
| Economic Calendar | No | Yes |
| EAs & Algo Trading | Yes | Yes |
| Backtesting | Yes | Yes |
| Whitelabel | Yes | Yes |
| Market depth | No | Yes |
| Embedded MQL5 community chat | No | Yes |
| Built-in email service | No | Yes |
