MT4 vs MT5

Compare the Classic versus the Latest MetaQuotes
Trading Platforms

Meta Trader 4 (MT4) VS Meta Trader 5 (MT5)

The new and improved version of Metatrader5 platform is here! Manage your account, your trading activity, buy and sell currencies and exchange securities with a click of a button with Plus500 MT5.

Check the table below to compare the features between Plus500 MetaTrader 4 and MetaTrader 5 and choose the one that suits you best!

MT4 vs MT5

Feature Meta Trader 4 Meta Trader 5
Analytical Objects 31 44
Built-in Economic Calendar No Yes
Built-in Indicators 30 38
Economic Calendar No Yes
Account Currency EUR, USD, GBP, JPY EUR, USD, GBP, JPY
Embedded MQL5.community chat No Yes
Exchange Trading No Yes
Fund transfer between accounts No Yes
Hedging Yes Yes
Order Execution types 4 3
Pending Order Types 4 6
Platform Speed 32 bit, mono-threaded 64 bit, multi-threaded
Reports Tables only Charts (HTML5) & Tables
Strategy Tester Single thread Multi-threaded
Symbols 1024 Unlimited
Technical Indicators 30 38
Timeframes 9 21
Trading Signals and Copy Trading No Yes

The world’s original online trading platform, millions of traders choose MT4 as the gold-standard for
simplicity and ease-of-use.

Windows

MacOS

Android

MT4 Web Trader

Instant market access and endless possibilities for trading, analysis and automation. Metaquotes 5
is an evolution of MT4 with additional features that supercharge your trading.

Windows

MacOS

Android

iOS

MT4 Web Trader

MT4 was built to allow trading Forex while MT5 offers trading on forex, futures, stocks and CFDs. The updated programming language on MT5 allows faster back testing than MT4 as well as DOM (depth of market functionality) and is technically supported by MetaQuotes, unlike MT4.

Manage your account, your trading activity, buy and sell currencies and exchange securities with a click of a button.

Choose your platform and start trading with Plus500 today.

3 Steps to Start Trading

Register & Verify your Profile

Complete our Registration Form and access the Client Portal. Complete your Economic profile, upload the required documents and verify your profile.

Open a Live Account & Fund It

Choose “Open Live Account” under the Accounts tab and select an account. Click “Deposit funds” under the funds tab to select your funding method.

Download your Platform & get Started

Choose “Downloads” tab under Trader’s Menu and download your Preferred Platform. Launch your platform and start trading.