Best Mt4 Vs Mt5 Guide
Updated October 26, 2021
MT4 vs MT5
Which trading platform you would choose when trying to build wealth in the financial markets, MT4 vs MT5? What trading software is most used by traders across the globe? is it MT4 or MT5?
We explain in this guide the difference between the two, so that you can decide which is best for you and your trading strategy.
MT stands for Metatrader. MT4 and MT5 are different versions of the Meta trading platform. The first one MT4 was launched in 2005 and is strictly limited to just Forex trading. MT5 was launched in 2010 and offers to trade a wider range of assets like commodities, stocks, indices and futures in addition to Forex.
Lets understand MT4 vs MT5 further.
MT4 vs MT5
There are a couple of major differences between MT4 and MT5. The MT4 uses MQL4 programming language while the other uses MQL5 language, which allows black box programming. Later, in 2014, black box programming was also expanded over to MT4 making MT4 and MT5 less different.
Programs that are written for MT4 are MT4 exclusive and cannot run on MT5. This is bad for those who are using MT4 and think they can just upgrade will to the new version.
Which is better MT5 or MT4? The answer is obvious and simple. It is MT5. If you are in the USA to comply with regulation use the MT5 trading platform.
If you are not in the US, there's a choice between the two and most of you may opt for MT4 as it is a tried and tested program. MT4 is easy to use and comes with less glitches. Even though MT4 has some annoying features, many believe it works well enough than alternatives.
MetaTrader 4
MetaTrader is a powerful trading platform that has become extremely popular with investors and brokers. MetaTrader has built-in support for trading with Forex pairs like EUR/USD, USD/CHF and USD/JPY. MetaTrader also provides tools that help you enter price quotes for international currencies. It has an inbuilt library of over three thousand indicators that can be easily accessed and customised according to your trading needs. A comprehensive support system takes care of all the execution queries and maintains an open and responsive channel between the MetaTrader broker and trader. There are numerous indicators available that can be used to manipulate the market effectively. All these features make MT4 the best platform to execute instant trades in the Forex market.
MT4 has an intuitive user interface that makes setting up and executing your trades very easy. In addition to being a very flexible trading platform, it has a set of skins that allow easy customisation. It gives the trader the freedom to customise his interface, look and feel as per his requirements. Numerous additional features come with the package, such as indicators, custom menus and support for MetaTrader accounts and custom trading limits. It provides traders with a plethora of functionality and a wide range of trading opportunities.
MetaTrader 5
MetaTrader 5 is the new and much-anticipated revolution in stocks, futures, CFDs and Forex trading. MetaTrader 5 uses a memory-based back-test facility that stores historical data in 'virtual history' on its computers. Back-tester software cannot help you with trading decisions, but it can make your charts look prettier. MT5 comes with two additional components: a memory bank that stores all your past trades and a tool for visualising the market. In addition, MetaTrader also offers educational tools such as live streaming videos from brokers, news flashes, and even back office functionality.
MT4 vs MT5 Differences
MT4 Vs MT5 Technical Indicators
On MT4, there are 30 built-in technical indicators, but MT5 has 38. The MT5 platform has some improvements over its predecessor in terms of drawing tools, such as more Fibonacci studies and Elliot wave drawing capabilities. Overall, MT4 provides 31 graphical items, whereas MT5 provides 44.
MT4 is a CFD forex trading platform, whereas MT5 is a multi-asset trading platform that covers both centralised and non-centralised financial markets, including stocks, futures, and FX trading instruments.
- MT4 uses MQL4 language while MT5 uses MQL5 language.
- The first allows single back testing but the second allows multiple back testing.
- You don't require any technical support using MT4 while just the opposite is true for MT5.
- MT4 supports traditional time frames but the upgraded version MT5 supports twice the number, comparatively.
- The language used in MT4 cannot be used in the MT5 while the one used in the upgraded version works fine in downgrading mode.
MT5 Greater Feature Set Than MT4
MetaTrader5 is one of the more popular trading platforms available to traders due to its ease of use, wide range of features and relatively low cost. With MetaTrader 5, the trader can choose from various trading styles, including the simplified style, the accelerated style, the balanced style and the standard style. The platform can be used for online Forex trading, although an account with MetaTrader is required. MetaTrader5 has been designed and developed by some of the most accomplished professional Forex traders, who have taken their knowledge and experience to the next level, and have designed MetaTrader as a flexible trading platform that meets the needs of both newbie and experienced traders.
The MetaTrader5 platform can customise and personalise all of your trading settings, providing you with the ability to trade with your own unique set of rules and regulations. All of the brokers that come with the platform are fully automated and provide you with a range of trade options, allowing you to customise them to suit your trading style and strategy. You will also find that these fully automated systems are extremely flexible, being able to be easily altered, customised and fine-tuned according to your risk appetite and trading objectives. These are just some of the advantages offered by the MetaTrader5 platform.
Is MT4 Good For Trading?
MT4 is fast and very flexible, allowing its users to execute trades almost instantly. It is also designed to be robust enough so that the broker does not encounter any performance issues. In addition, MT4 offers several additional features that will help the investor and trader make better decisions in the Forex market. Among these features are automated trading, granular positioning, and prediction tools.
The MT4 platform has several advantages over its competitors. For one, it offers several conveniences and advanced features that cannot be found on MetaTrader's competitors. For example, MT4 provides automatic trading on the default parameters, which greatly reduces the amount of time the broker needs to spend on manual trading. Another advantage is that MetaTrader's automated trading does not require complex algorithms, thus greatly reducing the complexity of analysing market data. Finally, the MT4 platform is built around the MetaTrader4 platform, providing the user with a more unified experience. MetaTrader is the best platform for more automation and analysis with these advantages and several other unique features.
Can The Same MT4 Account Used In MT5?
Unfortunately you cannot. However, to show good customer support some brokers are offering help in migrating over from MT4 to MT5.
Can I trade other assets apart from Forex?
It is not possible with MT4. The MT5 platform on the other hand is designed to help you trade in Forex as well as a wide range of assets like futures, commodities, indices and stocks.
Is MT4 Reliable?
Even today MT4 is the most popular platform for Forex trading. Almost every Forex brokerage offers MT4 to customers.
Is A broker Required To Use MT4?
MT4 is not a trading requirement there are many other trading platforms on offer. You can sign up for a MT4 demo account of MT4 and see if Mt4 meets your Forex market trading requirements. The MT4 version includes live price feed and other tools.
Some MT4 tools can be used without depositing any money. Using a brokerage for MT5 and MT4 has allot of added benefits. Brokers offer other features and financial tools that may help your investment strategy.
Brokers also have many educational documents and videos. Almost all brokers offer MT4 and MT5 demo accounts, which you should take full advantage of if you are a new trader.
We've collected thousands of datapoints and written a guide to help you find the best Mt4 Vs Mt5 for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best mt4 vs mt5 below.
Reputable Mt4 Vs Mt5 Checklist
There are a number of important factors to consider when picking an online Mt4 Vs Mt5 trading brokerage.
- Check your Mt4 Vs Mt5 broker has a history of at least 2 years.
- Check your Mt4 Vs Mt5 broker has a reasonable sized customer support of at least 15.
- Does the Mt4 Vs Mt5 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 Mt4 Vs Mt5 broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Mt4 Vs Mt5 broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Mt4 Vs Mt5 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 Mt4 Vs Mt5.
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 Mt4 Vs Mt5.
- 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 Mt4 Vs Mt5 of 2021 compared
Here are the top Mt4 Vs Mt5.
Compare Mt4 Vs Mt5 min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are mt4 vs mt5. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more mt4 vs mt5 that accept mt4 vs mt5 clients
| Broker |
IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FXPrimus
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Admiral
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NordFX
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Swissquote
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ThinkMarkets
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Markets.com
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC) | 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), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 | Financial Conduct Authority (FCA) | 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), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), BVI Financial Services Commission (BVI FSC) |
| Min Deposit | 200 | 250 | 1 | 200 | 5 | 100 | 200 | 1 | 1000 | No minimum deposit | 100 |
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| Used By | 180,000+ | 200,000+ | 10,000+ | 89,000+ | 3,500,000+ | 10,000+ | 10,000+ | 10,000+ | 300,000+ | 500,000+ | 4,000,000+ |
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| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps | ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with icmarkets |
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Up with avatrade |
Sign
Up with roboforex |
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Up with pepperstone |
Sign
Up with xm |
Sign
Up with fxprimus |
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Up with admiralmarkets |
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Up with nordfx |
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Up with swissquote |
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Up with thinkmarkets |
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Up with marketscom |
| Risk Warning | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 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 | 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money |
| Demo |
IC Markets Demo |
AvaTrade Demo |
Roboforex Demo |
Pepperstone Demo |
XM Demo |
FXPrimus Demo |
Admiral Markets Demo |
NordFX Demo |
Swissquote Demo |
ThinkMarkets Demo |
Markets.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 | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | BR, KR, IR, IQ, SY, JP, US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, CA, JP, SG, MY, JM, IR, TR | No | US | 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 | RU, BR, CH, SG, JP, US, CA, BE, IL, TR, NZ, SY, IR, IQ, HK, PR, CN |
All Mt4 vs mt5 in more detail
You can compare Mt4 Vs Mt5 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 Mt4 Vs Mt5 for 2021 article further below. You can see it now by clicking here
We have listed top Mt4 vs mt5 below.
Mt4 Vs Mt5 Table of Contents
- Mt4 Vs Mt5 Explained
- 6 Factors to Consider when Choosing Mt4 Vs Mt5
- Are Your Mt4 Vs Mt5 Trusted And Established?
- Are The Mt4 Vs Mt5 World Leading?
- What are the Mt4 Vs Mt5 Commissions and Fees?
- What are the Mt4 Vs Mt5 Funding and Withdrawl Methods?
- Find Mt4 Vs Mt5 with Round-the-clock support?
- Make sure the Mt4 Vs Mt5 Offer Comprehensive Trader resources?
- Why Mt4 Vs Mt5 needs to be regulated?
- Mt4 Vs Mt5 FAQ
- What are the best Mt4 vs mt5 brokers?
- What is the best Mt4 vs mt5 broker?
- Related Mt4 Vs Mt5 Reviews
- Related Mt4 Vs Mt5 Alternatives
- Related Mt4 Vs Mt5 Comparisons
Mt4 Vs Mt5 Explained
Trading the financial markets with Mt4 Vs Mt5 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 Mt4 Vs Mt5 is the platform that a Mt4 Vs Mt5 offer.
Choose Mt4 Vs Mt5 that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Mt4 Vs Mt5 that you can rely on.
6 Factors to Consider when Choosing Mt4 Vs Mt5
Follow these five rules for selecting a broker that's right for you:
Are Your Mt4 Vs Mt5 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 Mt4 Vs Mt5 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 AvaTrade.
AvaTrade was established 2006, and in operation for 12 years AvaTrade have a head office in The British Virgin Islands.
AvaTrade is regulated. This means AvaTrade 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
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FXPrimus
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| Year Established | 2007 | 2006 | 2009 | 2010 | 2009 | 2009 |
| Head Office | Australia | The British Virgin Islands | Cyprus | Australia | Cyprus | Cyprus |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC) | 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), Markets In Financial Instruments Directive (MiFID) |
| Used By | 180,000+ | 200,000+ | 10,000+ | 89,000+ | 3,500,000+ | 10,000+ |
| Negative balance protection | Yes | No | No | Yes | Yes | No |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit IC Markets | Visit AvaTrade | Visit Roboforex | Visit Pepperstone | Visit XM | Visit FXPrimus |
| Risk Warning | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Your capital is at risk | Losses can exceed deposits |
Are The Mt4 Vs Mt5 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 Mt4 Vs Mt5 is AvaTrade . AvaTrade Segregates clients funds and offers over 1000 instruments.
| Broker |
IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FXPrimus
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| Instruments Available | 232 | 1000 | 100 | 100 | 1000 | 130 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
| Excluded Countries | US | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | BR, KR, IR, IQ, SY, JP,US | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC. |
| Forex pairs offered | 65 | 80 | 35 | 70 | 80 | 45 |
| Forex pairs offered | 65 | 80 | 35 | 70 | 80 | 45 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes | No | No |
| Commodities Offered | 19 | 16 | 21 | 16 | 15 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | No | No | No |
| Stocks Offered | 110 | 99 | 0 | 60 | 160 | 60 |
| UK Shares | Yes | Yes | Yes | No | No | Yes |
| US Shares | Yes | Yes | Yes | No | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | No | Yes | No |
What are the Mt4 Vs Mt5 Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Mt4 Vs Mt5 broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Mt4 Vs Mt5 broker AvaTrade offers Forex, CFDs, Spread Betting, Social Trading. AvaTrade minimum deposit is 250. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FXPrimus
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| Min Deposit | 200 | 250 | 1 | 200 | 5 | 100 |
| Withdrawl Fees | No | No | Yes | No | No | Varies |
| Inactivity Fees | No | No | No | Yes | Yes | No |
| Deposit Fees | Varies | No | No | No | No | Varies |
| CFD Commission Fees | Yes | No | No | Yes | No | No |
What are the Mt4 Vs Mt5 Funding and Withdrawal Methods?
When dealing with Mt4 Vs Mt5 having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FXPrimus
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | No | No |
| Skrill | Yes | No | No | Yes | No | No |
| Payoneer | No | Yes | Yes | Yes | No | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Mt4 Vs Mt5 with Round-the-clock support?
Customer service is very important when dealing with Mt4 Vs Mt5.
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.
Mt4 Vs Mt5 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
AvaTrade support a wide range of languages including English, Italian, German, French, Greek, and Hebrew
IC Markets and AvaTrade offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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AvaTrade
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Roboforex
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Pepperstone
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XM
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FXPrimus
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| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Italian, German, French, Greek, and Hebrew | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian |
| Learn More | Visit IC Markets | Visit AvaTrade | Visit Roboforex | Visit Pepperstone | Visit XM | Visit FXPrimus |
| Risk Warning | Losses can exceed deposits | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 | Your capital is at risk | Losses can exceed deposits |
Make sure the Mt4 Vs Mt5 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 AvaTrade 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 Mt4 Vs Mt5 needs to be regulated?
A regulated Mt4 Vs Mt5 broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Mt4 Vs Mt5 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.
Mt4 Vs Mt5 List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
