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What are the differences between MT4 and MT5?
Trading accounts and Position Management
This article was :
Published in 2024.05.14
Updated in 2025.05.15
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are both trading platforms developed by MetaQuotes.
MetaTrader 4 the standard trading tool that has gained the most recognizable and long-lasting reputation as the platform with the most users worldwide and abundant accumulated trader knowledge. MetaTrader 4 is a platform exclusive to Elite account holders and comes with about 20 free FXON-exclusive indicators added on at installation.
MetaTrader 5 is a high-functionality trading platform born as the successor to MetaTrader 4. MetaTrader 5, characterized by high-speed operation supporting 64-bit and updated multi-functional interface, comes with about 20 free FXON-exclusive indicators added on at installation.
For more details about each platform, please refer to the following pages.
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