Both MT4 and MT5 are very popular and powerful.
N1CM provides both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the industry’s most “robust” and popular trading platforms. For years now, MetaTrader 4 & MetaTrader 5 have been the go-to platforms, the golden standard in the industry for forex traders all around the world.
The simplicity yet the efficiency with which they present themselves; the ease of use, graphical charts and the technical indicators help to set the tone for its users to ”conveniently” and easily “execute” their trades. Check the table below to compare the features between our MT4 and MT5 platforms.
Check the table below to compare the features between our MT4 and MT5 platforms
In comparison to MetaTrader 4, MetaTrader 5 allows developing strategies using
the object-oriented programming paradigm (OOP).
FEATURE | METATRADER 4 | METATRADER 5 |
---|---|---|
Graphical 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 | YES | YES |
Eventually, with regards to MT4 versus MT5, the correct choice “depends” on individual “preferences”. To choose the most suitable trading platform for your needs, take a gander at your trading propensities and opt for the platform that offers superior qualifications.
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