Platforms
MT4 vs MT5: what brokers should know
Both platforms are proven, but they differ in scope, architecture and licensing. Here is a practical comparison from the administration side.
MT4 focuses on forex and CFDs with MQL4 and 9 timeframes; MT5 is multi-asset with MQL5, 21 timeframes, hedging and netting modes and exchange integration. MetaQuotes now licenses MT5 only.
Side by side
| MetaTrader 4 | MetaTrader 5 | |
|---|---|---|
| Focus | Forex & CFDs | Multi-asset: forex, stocks, futures |
| Programming | MQL4 | MQL5 (object-oriented) |
| Timeframes | 9 | 21 |
| Position accounting | Hedging | Hedging and netting |
| Exchange integration | No | Yes |
| New licences in 2026 | No longer sold | Available |
Licensing decisions are made by MetaQuotes. Check current terms with MetaQuotes or your provider.
Which should you choose?
New brokers build on MT5: it is the platform MetaQuotes licenses today and it supports more assets and exchange connectivity. Brokers with a long-established MT4 base can keep serving loyal clients while planning a move. Our migration service covers the full transition.
Ready to strengthen your MetaTrader infrastructure?
Schedule a free consultation with our team. We will review your MT4/MT5 set-up and tell you exactly what we would improve.