{"id":97743,"date":"2023-07-27T23:04:00","date_gmt":"2023-07-27T23:04:00","guid":{"rendered":"https:\/\/arielle.com.au\/?p=97743"},"modified":"2026-05-04T00:13:44","modified_gmt":"2026-05-04T00:13:44","slug":"mt4-vs-mt5","status":"publish","type":"post","link":"https:\/\/arielle.com.au\/mt4-vs-mt5\/","title":{"rendered":"MT4 vs MT5: Which MetaTrader Platform Is Better For You?"},"content":{"rendered":"Reading Time: <\/span> 10<\/span> minutes<\/span><\/span>\n

An estimated 8 million people use MT4, while 2 million use MT5. If this were a popularity contest, MT4 would be a clear winner.<\/p>\n\n\n\n

But this is a practicality<\/em> contest, too.<\/p>\n\n\n\n

MT5 was initially rolled out as a successor to MT4. MetaQuotes Software, the platform’s maker, announced several years ago that they’d no longer support MT4.<\/p>\n\n\n\n

However, it’s still widely available (e.g., CMC Markets offers it alongside its proprietary Next Gen platform<\/a>) – and looks set to remain so indefinitely.<\/p>\n\n\n\n

You’re probably wondering why the overwhelming majority are sticking with the predecessor \u2013 especially given that both versions of MetaTrader are free.<\/p>\n\n\n\n

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Important!<\/h3><\/div>

Remember that your choice of broker<\/a>, your broker’s fees<\/a> and your choice of trading education provider are far more consequential to your success than your decision to use MT4, MT5, both, or a proprietary trading platform, like Interactive Brokers’ Trader Workstation (TWS).<\/p><\/div><\/div><\/div><\/div><\/div>\n\n\n\n

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1. MT5 Offers More Than Forex And CFDs.<\/strong><\/h2>\n\n\n\n

Your access to financial markets is much better with MT5 than with MT4:<\/p>\n\n\n\n