MT4 VS MT5

Types of pending orders requesting a broker to buy or to sell a financial security under predefined conditions in the future

The number of technical indicators, which can automatically detect patterns in the financial instrument price dynamics and help users make trading decisions

The number of analytical objects that help identify financial instrument price trends, detect cycles, define support/resistance levels and more

The number of timeframes — time intervals in which quotes of financial instruments are grouped

Availability of the Economic Calendar which includes publications on various countries’ macroeconomic indicators, which can affect financial instrument prices

The features of the built-in email service, which enables users to receive important information from a broker straight in the platform

Possibility to chat with other traders directly in the platform

Trading robot testing and optimization modes supported by the built-in Strategy Tester

Support for the hedging accounting system, which allows having multiple positions of a financial instrument, both in the same and opposite direction

Ability to download and use the platform on different operating systems. This enables the user to download the MetaTrader platform, access their account and view all past positions / recorded data on any compatible operating system.