MT4 vs MT5

Want to join us? - TradeUltra MetaTrader 5 - TradeUltra VS MetaTrader 4 - TradeUltra

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, like Metatrader 5 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

FeaturesMetaTrader 4MetaTrader 5
Technical indicators3038
Graphical Objects3144
Timeframes921
Hedging & NettingOffers only hedgingOffers hedging & netting
Pending orders4 Types6 Types
Order fill policyFill or Kill immediate or cancel returnFill or Kill
Strategy TesterSingle threadMulti-threaded + Multi-currency + Real ticks
Order Execution Types34
ReportsTablesCharts (HTML5 & Tables)
Economic CalendarNoYes
EAs & Algo TradingYesYes
BacktestingYesYes
WhitelabelYesYes
Market depthNoYes
Embedded MQL5 community chatNoYes
Built-in email serviceNoYes

The key difference between MetaTrader4 and MetaTrader5 lies in the range of the CFD products that are available on each one. The MT4 platform gives you a chance to open positions on all of the 6 asset classes, whereas the MT5 doesn’t support shares, and cTrader doesn’t support shares and futures

Note that MetaTrader5 is a ‘netting’ platform by default. That means that trades are aggregated, and hedging is not possible, although we can provide a ‘hedging’ version of the platform on request

In terms of user-friendly potential, the MetaTrader range, including MT5 and MT4, is the classic go-to solution, while the cTrader (developed by Spotware) provides a larger range of modern features. As well as supporting advanced trading using mechanical systems such as cBots and EAs, technical indicators and external analysis, each type of account offers a desktop, web and mobile app, to meet all your trading needs

Please also note that you can open more than one account type and experience the full range of features and trading conditions

Create a Live Account and start trading in global markets
Create a Live Account and start trading in global markets

Risk Warning: CFDs and Margin FX are leveraged products that carry a high level of risk to your capital. Trading is not suitable for everyone and may result in you losing substantially more than your initial investment. You should only trade with money you can afford to lose. You should ensure before trading you fully understand the risks involved and consider your level of experience. If necessary you should seek independent advice.

Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. Therefore you should not invest money that you cannot afford to lose. There are also risks associated with utilizing an Internet-based trade execution software application including, but not limited to, the failure of hardware and software.

Margined Forex and CFD trading are leveraged products and may not be suitable for everyone and you should ensure that you understand the risks involved and take care to manage your exposure. Please think carefully about whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimize their level of exposure by requesting a change in leverage limit. For more information please refer to TradeUltra Limited’s Risk Disclosure.

When acquiring our CFD or derivative products you have no entitlement, right, or obligation to the underlying financial asset. TradeUltra Limited is not a financial adviser and all services are provided on an execution-only basis. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any Trade Ultra products or services and obtain independent professional advice as necessary.

Any analysis, opinion, commentary, or research-based material on our website is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation, or solicitation to buy or sell. Any indication of past performance or simulated past performance included in advertisements published by TradeUltra Limited is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at TradeUltra Limited. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks if you are at all unsure.

The information on this site is not directed at residents of the United States, Belgium, Canada, Singapore, Japan and is not intended for use by any person in any jurisdiction where such use would be contrary to local law or regulation. Telephone calls and online chat conversations may be recorded and monitored. Tax treatment depends on the individual circumstances for each client. Tax law can change or may differ in each jurisdiction.

Regulated by

Labuan Flag - Location - TradeUltra
TradeUltra Limited is authorized and regulated by the Labuan Financial Services Authority Malaysia with reference number LL16964.

iconTradeUltra Limited is an International Business Company registered in Saint Vincent and the Grenadines with registration number 20997 IBC 2013.

Privacy Policy Terms of Use