Top Metatrader 4 Vs Metatrader 5 for 2022

Best Metatrader 4 Vs Metatrader 5 Guide

Updated May 21, 2022

MetaTrader 4 Vs MetaTrader 5

Metatrader or MT4 was first released in 2000 by software company MetaQuotes Software Corp. Metatrader over the last twenty years has grown into the industry standard for online trading platforms. Metatrader trading platforms contain numerous markets leading tools and features including charting, live feeds, and security. Most renowned brokerages all over the world use MT4 or MT5 trading platforms for trading on various (if not all) financial markets.

Forex and CFD trading are pretty much just the same as it was a decade ago. The history of trading platforms is not very old as they were introduced just at the start of the 1990s.

At that time, many developers were working on making software that could assist trading in all possible ways.

These were the main trading terminals where the trading was done, so they were considered as the “trading platforms”.

Through all these efforts, they were able to pave the way for trading which included retail. This also helped the local community reach out to the financial Forex or CFD (or contracts for difference). trading.

Today, trading platforms are considered full-fledged workstations for traders, both beginners, and professionals. These are where traders spend most of their time.

It is crucial to link a trader to a MetaTrader broker’s service to offer access to various types of financial markets and CFDs Traders can choose to trade CFDs, Forex, crypto, shares, commodities, bonds, indices, and futures.

The fundamental features these two platforms offer include security, multifunctionality, versatility, and mobility.

Bear in mind that to gain access to various and diverse forms of financial markets, it is very important to get the brokers connected with all the traders working in the market at that time.

Note that both platforms, i.e., MetaTrader 4 and MetaTrader 5 are compatible with automated-trading robots, aka Forex EAs (or Expert Advisors). This lets traders execute their trades in a fully automated channel. Your chosen trading robot will execute trades on your behalf 24/7 without you having to do anything.

However, you must also know that not every trading platform will support MetaTrader 4 and MetaTrader 5.

We know about MetaTrader 4 and MetaTrader 5. Well, here we will learn about the comparison between them for your information.

MT4 Vs MT5 Features

Mobility

Well, the first comparison between the MetaTrader 4 and MetaTrader 5 is regarding their mobility. We should know that the one which comes later is with more functions and offers compared to the former one.

This is why it is accepted in the market by brokers because they can understand by looking at their working procedures that when comparing the two MetaTrader 5 is more feature-rich compared to the MetaTrader 4.

There is no doubt about the fact that when you will start the use of MetaTrader 4 and MetaTrader 5, you will find both of them very well working and useful, but if you can afford to, then try to go for the latter option MetaTrader 5.

Multifunctionality

One of the best ways of evaluating Metatrader 4 and Metatrader 5 would be the one that has the most suitable options for the way you trade.

Obviously, trading is not an easy task, so you will need to find a trading platform that you are more comfortable with. Once you gain experience, your trading platform choice will start to pay you back the way you need.

MetaTrader 4 and MetaTrader 5 both have great features and are very effective but again, MetaTrader 5 is better than Metatrader 4 because it is not only better functionally but in terms of speed and procedures. Metatrader 5 will allow you to keep up with new options which are used in trading.

New markets and trading platform features should be your priority once you start trading with a Broker, or even as someone interested in understanding this trading platform type for the future.

The better your understanding of either Metatrader 4 or Metatrader 5 the better it is for the success of your trades. So always stay prepared, know everything about MetaTrader 4 and MetaTrader 5, and choose the best possible one to stay future-proof.

Security

The security of working in the MetaTrader 4 and MetaTrader 5 is the same, but with time, the second one is taking the lead as it is more up to date.

There is no extra threat when using the MetaTrader 4, but it is better to use MetaTrader 5 as it will help in much better trading sources and options compared to the other one.

If you are here for the long term, then you have to keep in mind that MetaTrader 5 would be the best option to choose.

MetaTrader 4 and 5 are both very secure platforms and are industry-leading secure trading platforms used by many financial institutions. Picking either Metatrader 4 or 5 is a good choice.

There may be cheaper trading platforms out there but MetaTrader 4 and 5 are industry-proven. It is not worth taking the risk with lower-level trading platforms.

Faster

Both MT4 and MT5 are very fast. Both trading platforms give traders very fast execution times. This speed allows MT4 and MT5 users to view up-to-date live charts and market prices.

When we talk about MetaTrader 4 and MetaTrader 5 speed, Metatrader 5 is much faster.

The comparison between the MetaTrader 4 and MetaTrader 5 is possible but MetaTrader 5 will always come out better than the previous one because of its outstanding features and faster backend.

MetaTrader4 Vs MetaTrader5: Which One To Choose

If you are someone who has dabbled in Forex trading, you are probably familiar with MetaTrader 4 and MetaTrader 5. These solutions are highly popular among seasoned advisors and traders, mostly due to the resources and helpful tools they offer for evaluating trading positions and making decisions based on them.

Although it may mostly seem like the MT5 is an upgraded version of MetaTrader 4, and while that may be true, both programs have different features and functionalities that cater to different traders. Deciding which platform to go with will mostly depend on your trading objectives and experience as a trader, besides other factors.

Below are how the platforms differ from each other to help you decide which one will suit your needs better.

Your Asset Choice

The most obvious difference that sets MetaTrader 4 and MetaTrader 5 is the kinds of traders they cater to. MetaTrader is specifically made for foreign exchange traders, its functions and features showing just that. Because of this MetaTrader 4 is mostly chosen by traders dabbling in the Forex market.

MetaTrader 5, on the other hand, offers tools for CFD, futures, and stock trading. Consequently, it has a much bigger variety of features that might not suit every trader. If you choose to trade a variety of assets, MT5 could offer better value in terms of your trading objectives. Note that even though you can use MetaTrader 5 for Forex trading, the features it offers will not be as good. In such a case, you may not get the best results trying Forex trading with MT5.

Offered Time Frame Data

MetaTrader 4 was designed to keep simplicity at the forefront. Novice traders will not need complex time frame data – it may end up confusing them instead. This all makes MetaTrader 4 a better choice for such a case, only offering the necessary resources without any complex features. With MetaTrader 4, you can pick from a total of nine time frames to carry out chart analysis processes.

MetaTrader 5, on the other hand, comes with twenty-one time frames, a large upgrade from what MT4 has to offer. Normally, such complex options are often not needed by traders. However, CFD traders (or similar) tend to capitalise on more obscure time frames. Diverse traders or seasoned traders, in general, may find such information integral to carrying out informed trades.

FIX API Access

FIX API, aka the Financial Information eXchange is essential for traders looking for real-time data specific to financial assets. This is used by both traders and market regulators to give out crucial information before and after trades. The tool is also used to share data confirming new trade orders and already-executed trades.

Integrating this particular software provides various advantages for traders. Traders find that they have better access to financial data when trading using a platform that supports FIX API. Thanks to the FIX API, the formatting of financial data is altered to facilitate easy communication across any linguistic barriers. The too also simplifies building black-box trading strategies or personal algorithms to help with foreign exchange trade analysis

That being said, if you aim to utilise the FIX API, note that you will only find it on MetaTrader 4 as MetaTrader 5 does not come with such an integration.

Programming Language Complexity

MetaTrader 4 and MetaTrader 5 use their respective languages, and that offers varying trading facilities based on the trader’s trading requirements.

MetaTrader 4 is used by traders looking for an easy platform with simple steps for setting up trading functions or developing trading software. For this reason, MetaTrader 4 works best for novice traders or ones who do not feel the need to set up algorithms or scripts themselves for their trading strategies.

MT5, on the other hand, offers a more complicated programming language. However, it also allows for writing or altering scripts. Traders can also execute trades via a singular function, in contrast to the user experience MetaTrader 4 offers.

The Order Types Offered

MetaTrader 4 comes with four main types of orders:

1. Buy limit
2. Buy stop
3. Sell stop
4. Stop limit

For a lot of traders, the above order types are adequate for executing their strategies whilst diminishing their exposure to risk as well as having better control over how they enter or leave their trading positions.

MetaTrader 5 comes with these order types as well as two additional ones:

1. Sell stop limit
2. Buy stop limit

These give traders more freedom in terms of how price fluctuations can affect buy and sell orders. Seasoned traders may use these types more often since they know what to do. Novice or recreational traders, however, may not use these features as much.

Less Popular Features

When deciding between the two platforms, focus on the smaller requirements that could have an impact on your overall trading experience. For instance, both MT4 and MT5 have a “hedging” function for certain types of trades, but only MetaTrader 5 provides “netting” – a feature some traders heavily rely on to have control over their risk exposure.

Metatrader 5 is also equipped with technical indicators compared to MetaTrader 4. It also offers tools like a financial calendar for tracking trade-related news from foreign markets. Keep in mind, however, that these additional features also lead to a more complex and hard-to-grasp platform.

MetaTrader 5 also offers tools like a multi-threaded trading strategy tester, a community chat option, and fund transfers – tools not available on MetaTrader 4. All traders have different requirements, which means that these features may or may not matter to some traders. Ultimately, it helps to consider your trading requirements to know if such features will come in handy for you.

MetaTrader 4 Vs Metatrader 5 Conclusion

It is quite obvious from the above information the differences and similarities between these two types of trading platforms. Being an experienced or new trader, you need to know about these differences and comparisons between MT4 and MT5 to make better trading decisions.

If you are new to trading, or are just interested in trading currency, MT4 is the clear option. If you are more advanced and find use in the further tools given in MT5, then the more mature and advanced MT5 is worth considering.

Learn about them in detail so that you can successfully conclude what you need to use. We are sure that this knowledge will help you come up with an answer for it.

We've collected thousands of datapoints and written a guide to help you find the best Metatrader 4 Vs Metatrader 5 for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best metatrader 4 vs metatrader 5 below.

Reputable Metatrader 4 Vs Metatrader 5 Checklist

There are a number of important factors to consider when picking an online Metatrader 4 Vs Metatrader 5 trading brokerage.

• Check your Metatrader 4 Vs Metatrader 5 broker has a history of at least 2 years.
• Check your Metatrader 4 Vs Metatrader 5 broker has a reasonable sized customer support of at least 15.
• Does the Metatrader 4 Vs Metatrader 5 broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
• Check your Metatrader 4 Vs Metatrader 5 broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
• Does your Metatrader 4 Vs Metatrader 5 broker have an international presence in multiple countries. This includes local seminar presentations and training.
• Make sure your Metatrader 4 Vs Metatrader 5 can hire people from various locations in the world who can better communicate in your local language.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Metatrader 4 Vs Metatrader 5.

We compare these features to make it easier for you to make a more informed choice.

• Minimum deposit to open an account.
• Available funding methods for the below Metatrader 4 Vs Metatrader 5.
• What you are able to trade with each brokerage.
• Trading Platforms offered by these brokers.
• Spread type (if applicable) for each brokerage.
• Customer support levels offered.
• We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.

Top 15 Metatrader 4 Vs Metatrader 5 of 2022 compared

Here are the top Metatrader 4 Vs Metatrader 5.

Compare Metatrader 4 Vs Metatrader 5 min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are metatrader 4 vs metatrader 5. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more metatrader 4 vs metatrader 5 that accept metatrader 4 vs metatrader 5 clients

Broker	IC Markets	Roboforex	AvaTrade	Pepperstone	XM	NordFX	FXPro	Admiral	ThinkMarkets	FXPrimus	Forex.com
Rating	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★☆☆	★★★☆☆	★★★☆☆	★★★☆☆	★★★☆☆
Regulation	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)	Cyprus Securities and Exchange Commission (CySEC)	Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)	Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217	International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)	Cyprus Securities and Exchange Commission (CySEC), License No: 209/13	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060	Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)	Financial Conduct Authority (FCA), The Australian Securities and Investments Commission (ASIC), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA), Commodities Futures Trading Commission (CFTC), The Monetary Authority of Singapore (MAS), Financial Services Agency (FSA), The Securities and Futures Commission (SFC), Cyprus Securities & Exchange Commission (CySEC)
Min Deposit	200	1	100	200	5	1	100	200	No minimum deposit	100	100
Funding	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal
Used By	180,000+	10,000+	300,000+	89,000+	3,500,000+	10,000+	1,866,000+	10,000+	500,000+	10,000+	200,000+
Benefits	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit	Allows scalping Allows hedging Low min deposit	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit	Allows scalping Allows hedging Offers STP Low min deposit Guaranteed stop loss Offers Negative Balance Protection
Accounts	Demo account Mini account Standard account Zero spread account Raw Spread account Islamic account	Demo account Micro account Mini account Standard account Zero spread account ECN account Islamic account	Demo account Micro account Mini account Standard account Managed account Islamic account	Demo account Standard account Zero spread account ECN account Islamic account	Demo account Micro account Standard account Zero spread account Islamic account	Demo account Micro account Mini account Standard account Zero spread account ECN account Islamic account	Demo account Mini account Islamic account	Demo account Micro account Mini account Standard account ECN account	Demo account Standard account Islamic account	Demo account Micro account Mini account Standard account ECN account Managed account Islamic account	Demo account Mini account Standard account ECN account Islamic account
Platforms	MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac	MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps	Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5	MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, Tablet & Mobile apps	MT4, MT5, Tablet & Mobile apps	MT4, MT5, cTrader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, Tablet & Mobile apps	ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps	MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps	MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Learn More	Sign Up with icmarkets	Sign Up with roboforex	Sign Up with avatrade	Sign Up with pepperstone	Sign Up with xm	Sign Up with nordfx	Sign Up with fxpro	Sign Up with admiralmarkets	Sign Up with thinkmarkets	Sign Up with fxprimus	Sign Up with forexcom
Risk Warning	Losses can exceed deposits	Losses can exceed deposits	71% of retail investor accounts lose money when trading CFDs with this provider	74-89 % of retail investor accounts lose money when trading CFDs	Your capital is at risk	Losses can exceed deposits	75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider	Losses can exceed deposits	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money	Losses can exceed deposits	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Demo	IC Markets Demo	Roboforex Demo	AvaTrade Demo	Pepperstone Demo	XM Demo	NordFX Demo	FxPro Demo	Admiral Markets Demo	ThinkMarkets Demo	FXPrimus Demo	Forex.com Demo
Excluded Countries	AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA	US, JP	BE, BR, KP, NZ, TR, US, CA, SG	AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW	US, CA, IL, KR, IR, MM, CU, SD, SY	No	US, CA, IR	US, CA, JP, SG, MY, JM, IR, TR	RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW	AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.	BE

All Metatrader 4 vs metatrader 5 in more detail

You can compare Metatrader 4 Vs Metatrader 5 ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Metatrader 4 Vs Metatrader 5 for 2022 article further below. You can see it now by clicking here

We have listed top Metatrader 4 vs metatrader 5 below.

Top Metatrader 4 Vs Metatrader 5 for 2022 guide by Andrew Blumer last updated on May 21, 2022

Metatrader 4 Vs Metatrader 5 Table of Contents

• Metatrader 4 Vs Metatrader 5 Explained
• 6 Factors to Consider when Choosing Metatrader 4 Vs Metatrader 5
• Are Your Metatrader 4 Vs Metatrader 5 Trusted And Established?
• Are The Metatrader 4 Vs Metatrader 5 World Leading?
• What are the Metatrader 4 Vs Metatrader 5 Commissions and Fees?
• What are the Metatrader 4 Vs Metatrader 5 Funding and Withdrawl Methods?
• Find Metatrader 4 Vs Metatrader 5 with Round-the-clock support?
• Make sure the Metatrader 4 Vs Metatrader 5 Offer Comprehensive Trader resources?
• Why Metatrader 4 Vs Metatrader 5 needs to be regulated?
• Metatrader 4 Vs Metatrader 5 FAQ
• What are the best Metatrader 4 vs metatrader 5 brokers?
• What is the best Metatrader 4 vs metatrader 5 broker?
• Related Metatrader 4 Vs Metatrader 5 Reviews
• Related Metatrader 4 Vs Metatrader 5 Alternatives
• Related Metatrader 4 Vs Metatrader 5 Comparisons

Metatrader 4 Vs Metatrader 5 Explained

Trading the financial markets with Metatrader 4 Vs Metatrader 5 when conditions are volatile can be difficult, even for experienced traders.

Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Metatrader 4 Vs Metatrader 5 is the platform that a Metatrader 4 Vs Metatrader 5 offer.

Choose Metatrader 4 Vs Metatrader 5 that's at the forefront of innovation and generally considered an industry-leader.

To gain access to the financial markets, you'll need Metatrader 4 Vs Metatrader 5 that you can rely on.

6 Factors to Consider when Choosing Metatrader 4 Vs Metatrader 5

Follow these five rules for selecting a broker that's right for you:

Are Your Metatrader 4 Vs Metatrader 5 Trusted And Established?

Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Metatrader 4 Vs Metatrader 5 broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.

IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Another top rated broker is Roboforex.

Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Cyprus.

Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Broker	IC Markets	Roboforex	AvaTrade	Pepperstone	XM	NordFX	FXPro	Admiral
Year Established	2007	2009	2006	2010	2009	2008	2006	2001
Head Office	Australia	Cyprus	Ireland	Australia	Cyprus	Mauritius	UK	UK
Regulation	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)	Cyprus Securities and Exchange Commission (CySEC)	Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)	Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217	International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)	Cyprus Securities and Exchange Commission (CySEC), License No: 209/13	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Used By	180,000+	10,000+	300,000+	89,000+	3,500,000+	10,000+	1,866,000+	10,000+
Negative balance protection	Yes	No	No	Yes	Yes		Yes	Yes
Guaranteed Stop Loss	No	No	No	No	No		No	No
Learn More	Visit IC Markets	Visit Roboforex	Visit AvaTrade	Visit Pepperstone	Visit XM	Visit NordFX	Visit FxPro	Visit Admiral Markets
Risk Warning	Losses can exceed deposits	Losses can exceed deposits	71% of retail investor accounts lose money when trading CFDs with this provider	74-89 % of retail investor accounts lose money when trading CFDs	Your capital is at risk	Losses can exceed deposits	75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider	Losses can exceed deposits

Are The Metatrader 4 Vs Metatrader 5 World Leading?

Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 232 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.

In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.

Another good choice when looking for Metatrader 4 Vs Metatrader 5 is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.

Broker	IC Markets	Roboforex	AvaTrade	Pepperstone	XM	NordFX	FXPro	Admiral
Instruments Available	232	100	1250	1200	1000	50	430	148
Platforms	MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac	MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps	Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5	MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, Tablet & Mobile apps	MT4, MT5, Tablet & Mobile apps	MT4, MT5, cTrader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Excluded Countries	US	US, JP	BE, BR, KP, NZ, TR, US, CA, SG	AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW	US, CA, IL, KR, IR, MM, CU, SD, SY, PT	No	US, CA, IR	US, CA, JP, SG, MY, JM, IR, TR
Forex pairs offered	65	35	55	70	80		70	40
Forex pairs offered	65	35	55	70	80		70	40
Major forex pairs	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Minor forex pairs	Yes	Yes	Yes	Yes	Yes		Yes	Yes
Exotic forex pairs	Yes	Yes	Yes	Yes	Yes		Yes	Yes
Cryptocurrencies (availability subject to regulation)	Yes	No	Yes	Yes	No	Yes	Yes	Yes
Commodities Offered	19	21	17	16	15	0	30	0
Metals	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Energies	Yes	No	Yes	Yes	Yes	No	Yes	Yes
Agricultural	Yes	No	Yes	Yes	No	No	Yes	No
Stocks Offered	110	0	1000	1100	160		1700	64
UK Shares	Yes	Yes	Yes	Yes	No	No	Yes	Yes
US Shares	Yes	Yes	Yes	Yes	No	No	Yes	Yes
German Shares	Yes	Yes	Yes	Yes	Yes	No	Yes	Yes
Japanese Shares	Yes	Yes	Yes	Yes	Yes	No	Yes	Yes

What are the Metatrader 4 Vs Metatrader 5 Commissions and Fees?

Ensure that your broker is transparent with fees and those dues are competitive.

The best rated Metatrader 4 Vs Metatrader 5 broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.

Another top rated Metatrader 4 Vs Metatrader 5 broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 1. Please note that any cryptocurrency availability with any broker is subject to regulation.

Broker	IC Markets	Roboforex	AvaTrade	Pepperstone	XM	NordFX	FXPro	Admiral
Min Deposit	200	1	100	200	5	1	100	200
Withdrawl Fees	No	Yes	No	No	No	No	No	No
Inactivity Fees	No	No	No	No	Yes	No	Yes	No
Deposit Fees	Varies	No	No	No	No	No	No	Varies
CFD Commission Fees	Yes	No	No	Yes	No	Yes	charge commissions on cTrader only	Yes

What are the Metatrader 4 Vs Metatrader 5 Funding and Withdrawal Methods?

When dealing with Metatrader 4 Vs Metatrader 5 having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.

Broker	IC Markets	Roboforex	AvaTrade	Pepperstone	XM	NordFX	FXPro	Admiral
Bank transfer	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes	Yes	No	Yes	Yes
Paypal	Yes	No	Yes	Yes	No	No	Yes	No
Skrill	Yes	No	No	Yes	No	No	Yes	Yes
Payoneer	No	Yes	Yes	Yes	No	No	No	Yes
Neteller	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes

Find Metatrader 4 Vs Metatrader 5 with Round-the-clock support?

Customer service is very important when dealing with Metatrader 4 Vs Metatrader 5.

When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.

Metatrader 4 Vs Metatrader 5 customer support can include Phone answering services, Live chat support and Email customer service support.

IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian

IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.

Broker	IC Markets	Roboforex	AvaTrade	Pepperstone	XM	NordFX	FXPro	Admiral
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Languages	English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more	English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian	Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish	English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic	Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish	Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian	Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak	English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian
Learn More	Visit IC Markets	Visit Roboforex	Visit AvaTrade	Visit Pepperstone	Visit XM	Visit NordFX	Visit FxPro	Visit Admiral Markets
Risk Warning	Losses can exceed deposits	Losses can exceed deposits	71% of retail investor accounts lose money when trading CFDs with this provider	74-89 % of retail investor accounts lose money when trading CFDs	Your capital is at risk	Losses can exceed deposits	75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider	Losses can exceed deposits

Make sure the Metatrader 4 Vs Metatrader 5 Offer Comprehensive Trader resources?

Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and Roboforex work together to bring the latest news and insights to traders.

For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.

Why Metatrader 4 Vs Metatrader 5 needs to be regulated?

A regulated Metatrader 4 Vs Metatrader 5 broker lowers your risk.

Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.

Metatrader 4 Vs Metatrader 5 brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.

Metatrader 4 Vs Metatrader 5 List

IC Markets

★★★★☆ (4/5)

Min deposit : 200

Visit IC Markets Try a Demo Read review

IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

Roboforex

★★★★☆ (4/5)

Min deposit : 1

Visit Roboforex Try a Demo Read review

Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC)

AvaTrade

★★★★☆ (4/5)

Min deposit : 100

Visit AvaTrade Try a Demo Read review

AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)

Pepperstone

★★★★☆ (4/5)

Min deposit : 200

Visit Pepperstone Try a Demo Read review

Pepperstone was established in 2010 and is used by over 89000+ traders. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

XM

★★★★☆ (4/5)

Min deposit : 5

Visit XM Try a Demo Read review

XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

NordFX

★★★★☆ (4/5)

Min deposit : 1

Visit NordFX Try a Demo Read review

NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13

FXPro

★★★☆☆ (3/5)

Min deposit : 100

Visit FxPro Try a Demo Read review

FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

Admiral

★★★☆☆ (3/5)

Min deposit : 200

Visit Admiral Markets Try a Demo Read review

Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

ThinkMarkets

★★★☆☆ (3/5)

Min deposit : 0

Visit ThinkMarkets Try a Demo Read review

ThinkMarkets was established in 2010 and is used by over 500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money ThinkMarkets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060

FXPrimus

★★★☆☆ (3/5)

Min deposit : 100

Visit FXPrimus Try a Demo Read review

FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)

Forex.com

★★★☆☆ (3/5)

Min deposit : 100

Visit Forex.com Try a Demo Read review

Forex.com was established in 1999 and is used by over 200000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies. Cryptocurrency availability with Forex.com is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), The Australian Securities and Investments Commission (ASIC), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA), Commodities Futures Trading Commission (CFTC), The Monetary Authority of Singapore (MAS), Financial Services Agency (FSA), The Securities and Futures Commission (SFC), Cyprus Securities & Exchange Commission (CySEC)