The platform of choice for traders who want more tools and more markets
MT5 provides exceptional features to help you stay ahead in your trading journey including a strategy
tester for those interested in automating and testing their trading strategies and expert advisors,
a highly intuitive and easy to use interface, and advanced charting with endless possibilities.
Get the AUM Liquidity Corp Trader app today for commission-free trading and spreads as low as zero on major FX pairs and gold
More than 70% of traders are trading the markets on their phone. Join them to react to every market movement as it happens. Trade with us on AUM Liquidity Corp MetaTrader Apps and access live currency rates, manage accounts on the go. Never miss a minute of market action, wherever you are.
Easier to use
MQL5 programming language
Advanced platform customization options
21 timeframes to choose from
Optimised processing of expert advisors and indicators
Access Smart Trader Tools for market analysis
Ability to hedge your positions
38 inbuilt indicators to choose from
Download MT5 for Android via Play Store to enjoy infinite market access wherever you are.
Trading on your iPhone or iPad? Download MT5 for iOS straight from the Apple App Store.
Download MetaTrader 4 for PC or MAC and get the same platform benefits whilst trading from your desktop.
MetaTrader 5 (MT5) is the newest iteration of the popular MetaTrader platform. While the MT5 is newer, it is not necessarily an upgraded version.
Both MT4 and MT5 are trading platforms with back-testing capabilities, as well as graphical interfaces that look fairly similar. By design, however, MT5 was meant to meet the needs of non-forex and U.S. markets in a manner that MT4 could not. Essentially, MT5 is not necessarily better than MT4, but rather just different.
The MT5 platform has two additional order types that are not available on its predecessor. These are ‘buy stop limit’ and ‘sell stop-limit’. Additionally, MT5 also supports partial order filling policies.
MT5 has 8 additional built-in indicators, and 13 more graphical objects than MT4. This means that traders can perform more in-depth technical analysis in the financial markets using MT5.
MT5 has an integrated, comprehensive tab that shows news release schedules, the impact levels, previous data, and market consensus.
MT5 features a multi-threaded strategy tester that has noticeably faster execution speeds when testing programmed trading strategies. In addition, featuring an Agent Manager that enables remote optimisation, the MT5 strategy tester also allows for concurrent multi-currency pair back-testing.
MT5 has 21 timeframe charts, which is exactly 12 more than is available on MT4. This can give traders more room for performing a deeper analysis of their favourite assets.
Traders can easily transfer funds between accounts on MT5 if the accounts are within the same server. This helps to streamline processes, offering clients convenience and flexibility.
By hitting the ALT+B buttons, traders can view the depth of market, which is a graphical representation of bids and offers of an underlying financial asset, depending on trading volume. This is a functionality that can allow traders to execute trade orders at the best possible price.
MetaTrader 5 supports the netting accounting system that allows only one position to be held for any particular financial asset.
The MT5 email system supports the sending of emails with attachments.
Alongside forex as CFDs, traders can also trade indices, futures, cryptocurrencies, bonds and options on the MT5 platform. MT5 has an expanded instruments list of over 1,000 assets compared to the average 250 on MT4.
| Feature | MT4 | MT5 |
|---|---|---|
| Availability to brokers | Very popular | Very popular |
| User-friendly and easy to navigate | Extremely easy | Extremely easy |
| Roll-over and Hedging | Possible | Possible |
| Programming Language used | MQL4 | IDE |
| Number of order execution types | 3 | 4 |
| Number of Pending Order Types | 4 | 6 |
| Depth of Market | No | Yes, but not available from the beginning |
| Technical Indicators | 30 | 38 |
| Timeframes | 9 | 21 |
| Economic Calendar | Not Available | Available in MT5 apps |
| Reports | Tables only | Tables + Charts Everything can be exported to Excel |
| Open Trades View | Lots only | Lots, Quantity + Milliseconds |
| Docked Charts | Not available | Available |
| Market Watch | Less detailed | More details + easy navigation |
| Partial Order Filling | Not available | Available |
| Email System | No attachments | With attachments |
| Strategy Tester | Single threaded | Multi-threaded + Multi-currency + Agent manager |
| Netting | Not supported | Not supported |
| Exchange Trading | Not supported | Not supported |
| Funds Transfer between Accounts | Not supported | Supported |
