MetaTrader 5
The platform of choice for traders who want more tools and more markets
The MetaTrader 5 platform is widely regarded as one of the top forex trading platforms out there. Expect faster processing times, advanced order entry capabilities, and the latest tools when trading on MT5.
GET MORE WITH MT5
The successor to industry favourite MT4, and loaded with technical tools and indicators to help you interpret the markets with just a few clicks
METATRADER 5 FOR ANDROID
Download MT5 for Android via Play Store to enjoy infinite market access wherever you are.
METATRADER 5 FOR IOS
Trading on your iPhone or iPad? Download MT5 for iOS straight from the Apple App Store.
METATRADER 5 FOR PC
Download MetaTrader 4 for PC or MAC and get the same platform benefits whilst trading from your desktop.
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.
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 |
Trade 160+ instruments at your fingertips
Trade around the clock on a number of markets on extremely tight spreads.
Forex
Trade 100+ Currency pairs and be able to implement your own trading strategies with minimum slippage.
Share CFDs
Go long or short on your choice of AU or US companies. Trade CFD contracts with a fixed 5:1 leverage.
Crypto
Buy and sell Bitcoin and other leading cryptocurrencies with ease on Fazo Liquidity Corp MT5
Commodities
Trade spot gold and spot silver contracts against the US dollar with tight spreads, from 0.0 pips on our premium account.