MT4 or MT5 Choose between two platforms
Stability and reliability
Legacy platform
High-speed and multi-functional
Cutting-edge platform
MetaTrader features
MetaTrader is the trading tool with the world's No.1 market share among trading platforms. It has accumulated abundant know-how and knowledge, and constantly evolves through updates.
While official updates for MT4 ended in 2021 (bug fix updates continue), MT5 is currently becoming mainstream.
In MetaTrader, you can automate your own trader algorithms using automatic trading programs called Expert Advisors (EA).
For EA development, MQL4 (MT4) comes with a C-language-based procedural language, while MQL5 (MT5) comes with a C++-based object-oriented language as development languages.
chart analysis
MT4 comes with 30 types (51) and MT5 with 38 types (109) of chart analysis indicators as standard, available for free from installation (Numbers in parentheses include custom indicators).
FXON provides these indicators plus 20 custom indicators as add-ons.
drawing tools
MetaTrader comes standard with drawing functions effective for chart analysis, from basics like trend lines and parallel lines to Fibonacci retracement, comments, and arrows.
Also, with many indicators being distributed that extend drawing functions, please enjoy the challenge of discovering your own analysis style by incorporating the wisdom of traders worldwide.
functions
MetaTrader supports market orders, limit orders, stop orders, as well as OCO orders, IFO orders, and their combination IF-DONE orders, allowing you to place orders in advance based on chart movements.
MT5 newly supports the ability to specify execution prices for limit orders in advance (stop-limit orders).
MetaTrader can execute market orders through a one-click panel from the chart.
In MT5, a price board has been implemented that adds display functions for spread (current, maximum, minimum values) and swap values of target products to the one-click panel, further improving entry comfort.
MetaTrader is the trading tool with the world's No.1 market share among trading platforms. It has accumulated abundant know-how and knowledge, and constantly evolves through updates.
While official updates for MT4 ended in 2021 (bug fix updates continue), MT5 is currently becoming mainstream.
In MetaTrader, you can automate your own trader algorithms using automatic trading programs called Expert Advisors (EA).
For EA development, MQL4 (MT4) comes with a C-language-based procedural language, while MQL5 (MT5) comes with a C++-based object-oriented language as development languages.
chart analysis
MT4 comes with 30 types (51) and MT5 with 38 types (109) of chart analysis indicators as standard, available for free from installation (Numbers in parentheses include custom indicators).
FXON provides these indicators plus 20 custom indicators as add-ons.
drawing tools
MetaTrader comes standard with drawing functions effective for chart analysis, from basics like trend lines and parallel lines to Fibonacci retracement, comments, and arrows.
Also, with many indicators being distributed that extend drawing functions, please enjoy the challenge of discovering your own analysis style by incorporating the wisdom of traders worldwide.
MetaTrader supports market orders, limit orders, stop orders, as well as OCO orders, IFO orders, and their combination IF-DONE orders, allowing you to place orders in advance based on chart movements.
MT5 newly supports the ability to specify execution prices for limit orders in advance (stop-limit orders).
MetaTrader can execute market orders through a one-click panel from the chart.
In MT5, a price board has been implemented that adds display functions for spread (current, maximum, minimum values) and swap values of target products to the one-click panel, further improving entry comfort.
MetaTrader implementation is a mark of trust
MetaQuotes, the application provider for MetaTrader, raised provider standards in 2022 for application-certified brokers, requiring AML guideline compliance and holding reliable financial licenses above a certain level. As a result, brokers currently providing MetaTrader are backed by guaranteed high reliability.
MetaTrader 4 vs 5
comparison
<Available time axes>
1-minute, 5-minute, 15-minute, 30-minute, 1-hour, 4-hour, daily, weekly, monthly
Chart display time axes
9 or 21 types
Chart timeframes
<Available time axes>
1-minute, 2-minute, 3-minute, 4-minute, 5-minute, 6-minute, 10-minute, 12-minute, 15-minute, 20-minute, 30-minute, 1-hour, 2-hour, 3-hour, 4-hour, 6-hour, 8-hour, 12-hour, daily, weekly, monthly
<Pending orders in MT4>
- Buy limit order
- Sell limit order
- Buy stop order
- Sell stop order
MT5 adds
a stop-limit order function
In MT5, "stop-limit orders" which combine the mechanisms of limit orders and stop orders implemented in MT4 are now available.
<Pending orders in MT5>
- Buy limit order
- Sell limit order
- Buy stop order
- Sell stop order
- Buy stop-limit order
- Sell stop-limit order
MT5 allows selection
of
chart window display methods
While chart window display in MT4 was limited within the application, MT5 supports multiple windows of two or more types. It's now possible to display mini-charts within one chart window, greatly expanding analysis possibilities such as displaying a 5-minute chart as both main and mini-chart.
Economic calendar and news
integrated into MT5
The economic calendar conveying world economics and events has been integrated into MT5. Being able to directly monitor important indicators and news on the platform makes it easier to adjust trading strategies.
Market depth
for each symbol
MT5 can display order book information showing real-time market order status. It supports split display with tick charts and functions effectively in OTC trading.
Settle and trade
multiple positions in bulk
MT5 is equipped with functions to operate held positions and orders in bulk.
Bulk operations include functions to judge and settle high-profit or loss positions, and the ability to cancel only limit and stop orders, improving usability.
Greatly improved processing
with 64-bit support
MQL5 supports 64-bit compared to MQL4's 32-bit. Therefore, it excels in processing power and stability, and is designed to support program development for high-speed trading like HFT and scalping. Also, being based on C++, it is an effective tool for object-oriented developers.
MetaTrader 4 vs 5 comparison
Chart display time axes
9 or 21 types
The selection of time axes (timeframes) for chart display differs between MT4 and MT5. MT5 is optimal for traders who use multiple time axes to analyze the market from multiple angles.
<Available time axes>
1-minute, 5-minute, 15-minute, 30-minute, 1-hour, 4-hour, daily, weekly, monthly
MT5 adds
a stop-limit order function
In MT5, "stop-limit orders" which combine the mechanisms of limit orders and stop orders implemented in MT4 are now available.
<Pending orders in MT4>
-
Buy limit order
-
Sell limit order
-
Buy stop order
-
Sell stop order
MT5 allows selection
of
chart window display methods
While chart window display in MT4 was limited within the application, MT5 supports multiple windows of two or more types. It's now possible to display mini-charts within one chart window, greatly expanding analysis possibilities such as displaying a 5-minute chart as both main and mini-chart.
Economic calendar and news
integrated into MT5
The economic calendar conveying world economics and events has been integrated into MT5. Being able to directly monitor important indicators and news on the platform makes it easier to adjust trading strategies.
Market depth
for each symbol
MT5 can display order book information showing real-time market order status. It supports split display with tick charts and functions effectively in OTC trading.
Settle and trade
multiple positions in bulk
MT5 is equipped with functions to operate held positions and orders in bulk.
Bulk operations include functions to judge and settle high-profit or loss positions, and the ability to cancel only limit and stop orders, improving usability.
Greatly improved processing
with 64-bit support
MQL5 supports 64-bit compared to MQL4's 32-bit. Therefore, it excels in processing power and stability, and is designed to support program development for high-speed trading like HFT and scalping. Also, being based on C++, it is an effective tool for object-oriented developers.
Chart display time axes
9 or 21 types
Chart timeframes
<Available time axes>
1-minute, 2-minute, 3-minute, 4-minute, 5-minute, 6-minute, 10-minute, 12-minute, 15-minute, 20-minute, 30-minute, 1-hour, 2-hour, 3-hour, 4-hour, 6-hour, 8-hour, 12-hour, daily, weekly, monthly
MT5 adds
a stop-limit order function
In MT5, "stop-limit orders" which combine the mechanisms of limit orders and stop orders implemented in MT4 are now available.
<Pending orders in MT5>
- Buy limit order
- Sell limit order
- Buy stop order
- Sell stop order
- Buy stop-limit order
- Sell stop-limit order
Not equipped
While chart window display in MT4 was limited within the application, MT5 supports multiple windows of two or more types. It's now possible to display mini-charts within one chart window, greatly expanding analysis possibilities such as displaying a 5-minute chart as both main and mini-chart.
Economic calendar and news
integrated into MT5
The economic calendar conveying world economics and events has been integrated into MT5. Being able to directly monitor important indicators and news on the platform makes it easier to adjust trading strategies.
Market depth
for each symbol
MT5 can display order book information showing real-time market order status. It supports split display with tick charts and functions effectively in OTC trading.
Settle and trade
multiple positions in bulk
MT5 is equipped with functions to operate held positions and orders in bulk.
Bulk operations include functions to judge and settle high-profit or loss positions, and the ability to cancel only limit and stop orders, improving usability.
Greatly improved processing
with 64-bit support
MQL5 supports 64-bit compared to MQL4's 32-bit. Therefore, it excels in processing power and stability, and is designed to support program development for high-speed trading like HFT and scalping. Also, being based on C++, it is an effective tool for object-oriented developers.
MT4/5 OS-specific comparison
patterns
tablet: 8
tablet: 8
patterns
tablet: 8
tablet: 8
*1 To run MetaTrader 5 with 64-bit performance, please use a 64-bit compatible OS.
*2 In MetaTrader 5, you can check various signals provided within the application.
*3 MetaTrader 5 web is responsive to the screen size of the accessing device, such as smartphones and tablets.
