MT5 DESKTOP
MetaTrader 5 (MT5) trading terminal combines advanced technologies of order execution and distributed computations for implementing the most ambitious trading ideas. MetaTrader 5 is one of the most advanced platforms for creating and testing trading robots and strategies. If you value speed and reliability while working with trading robots, and want to use the most up-to-date modern technologies, then MetaTrader 5 platform is the best choice for you.
MT5 MOBILE
Building on from the industry’s gold standard MT4, MetaTrader 5 is the latest platform by Metaquotes aimed at traders looking for state-of-the-art features. The platform comes with many additional advantages, including 21 timeframes, 6 pending order types, hedging and netting options and multi-thread strategy tester for EAs.
MT5 WEB
The MetaTrader Web Platform is a perfect solution whenever the installation of a desktop terminal or the use of a mobile version is not possible. It allows trading on the Forex and exchange markets from any browser and operating system (Windows, Mac, Linux). Analyze financial markets, place orders — in other words, access the rich functionality of MetaTrader on the web. You only need to have an Internet connection.
MT4 Vs MT5 – What Are The Differences?
MT5 offers additional timeframes that allow for more in-depth market analysis
MT4
09 Timeframes
MT5
21 Timeframes
MT5 offers 2 additional pending order types
MT4
FOUR TYPES of pending orders
MT5
SIX TYPES of pending orders
Additional MT5 Features
- Partial order filling now possible
- Built-in Economic Calendar
- Hedging and netting options
- Multi-thread strategy tester
The EA Compatibility
MT5’s programming language (MQL5) is designed to develop trading robots, technical indicators and scripts, however it is more complex and not MT4-compatible. This means, that if you are an MT4 trader and want to use your custom indicators on MT5, you will have to rewrite the code, as no converting shortcuts are currently available.