Still puzzled with the MT4 vs MT5 trading platform dilemma? It is all right; you are not alone. Successful online trading depends on selecting the right platform.

MT4/MT5: The MT5 version is considered to be stronger than the MT4 version, whose popularity and reliability are still at the forefront of many forex traders.

Both platforms have strengths and weaknesses. MT4 is simple, dependable, and awesome with forex. MT5 allows greater tools, time periods, and scheduling. This blog clarifies everything so that you can choose what suits you.

All about MT4 and MT5

MetaTrader 4 (MT4) is one of the famous electronic trading systems created by MetaQuotes in 2005. It was developed primarily as a tool for trading in forex and is commonly applied by retail traders in most parts of the globe. With the reputation associated with an easy-to-use interface, compatibility with expert advisors (EA), and being lightweight, MT4 has been extensively used by novices and savvy traders who are inclined to forex trading.

The latest version is MetaTrader 5 (MT5), developed in 2010 by MetaQuotes. In contrast to MT4, MT5 allows trading not only in forex but also in CFD trading, stocks, commodities, and futures. It has more technical indicators, timeframes, order types, and quicker execution speeds. MT5 is designed to facilitate traders with a desire to trade in multiple assets and gain more information about markets using sophisticated tools and features.

1. MT4 vs MT5: Core Purpose and History

Well, we begin with the beginning.

MetaQuotes later introduced MetaTrader 4 (MT4) in 2005, mainly as a trading platform in the forex market. It is light and quick and was designed to be simple. The number of traders and users is millions of traders every day, predominantly on mobile.

In 2010, MetaTrader 5 (MT5) arrived. It was not a substitute for MT4. Rather, it came into existence to cater to alternative market segments such as CFD trading, stocks, and futures. These regulations also better suit MT5 with the US rules.

Main lesson: MT4 specializes in forex. MT5 allows a higher number of tools.

FXGiants does not restrict traders by having them work on any particular trading platform, as it has in place the MT4 trading platform as well as the MT5. Under FXGiants, you can put them to the test side by side.

2. Interface and Usability: Which Feels Better?

Once you are logged in to MT4, it all seems straightforward. Charts, tools, and trade options are very easy to find. Even novice users can use it quickly.

MT5 is the same but has a heavier feeling. It has additional tabs, functions, and menus. MT5 will be your choice in case you love to customize. MT4 is your option of choice when you want speed and clarity.

Charting:

• There are 9 time frames on MT4.
• MT5 has 21 timeframes.

Technical indicators:

• MT4 has 30 built-in indicators.
• There are 38 in-built indicators in MT5.

Result: MT5 has won in customization. MT4 gets the upper hand when simplicity is the key.

FXGiants provides you with the two interfaces. Demonstrate to test before you purchase.

3. Order Types and Execution Speeds

It is important to have quick execution in forex trading. MT5 is less sluggish; there is no doubt about it. It is constructed out of a 64-bit multi-thread architecture. MT4 operates in 32-bit and has one thread.

Order Types:

• MT4 consists of 4 types: Buy/Sell Limit and Buy/Sell Stop.
• MT5 incorporates 2 additional ones: Buy/Sell Stop Limit.

Hedging:

• The use of MT4 is permissible for hedging.
• MT5 supports both netting and hedging.

Speed: MT5 usually has faster execution of the trades, particularly in high volatility.

Conclusion: MT5 has better execution logic in case you trade such complicated products as CFDs and futures. However, even in the daily forex trade, MT4 is perfectly suitable.

Both platforms ensure low latency and high-speed execution by FXGiants.

4. Strategy Testing and Expert Advisors (EAs)

This is when most traders take sides.

There are thousands of ready-made expert advisors (EAs) in MT4. Most traders have developed their trading based on MT4 bots.

The more powerful, yet less MT4 EA-compatible, is MT5. It employs MQL5, another coding language as opposed to MQL4 of MT4.

Backtesting:

• Single-threaded testing is possible with MT4.
• MT5 provides real tick testing based on multi-thread mode.

What is then to be preferred?

You should choose MT5 if you need to test the advanced strategies with speed and accuracy.

 In case you use pre-existing bots and more basic EAs, MT4 will suit you perfectly.

FXGiants possesses an enormous library of EAs that work with MT4 and assist in the development of EAs on MT5.

5. Assets, Ms, and Trading Scope

On both, you are allowed to trade in forex. However, with MT5, it is possible to visit other trading markets besides the forex.

MT4:

• Forex only
• Only CFDs are available with custom feeds

MT5:

• Forex, stocks, commodities, and indices, among others
• Deep CFD trading option
• Inbuilt economic calendar

In case you intend to venture into multi-asset online trading, you can never go wrong with MT5.

FXGiants assists trading in multiple assets. They provide access to stocks, gold, silver, or oil, and 200+ instruments through their MT5.

6. Community, Support, and Broker Compatibility

In this round, MT4 scores the winner.

It has a long history and therefore has more documents, tutorials, forums, and third-party to,ols. MT5 is on the rise, but it is not yet at the MT4 level.

Broker Support: The majority of brokers keep using MT4. It is trustworthy and compatible with all plugins. Support:

• MT4: Huge society
• MT5: Smaller and increasing

FXGiants favors either platform and provides full-time technical support and tutorials in different languages.

7. Mobile and Web Trading Experience

Many users find it easier to use a mobile app. It is lightweight, loads fast and perfect at han,dling trade when on the move.

The MT5 mobile will have more features, yet might be a little bulkier. It is also better on tablets.

Web trading: The two platforms support web terminals. However, the interface of MT5 is smarter.

FXGiants is the one that provides both mobile and web trading at no cost. If you love iPhone, Android, or a browser, then you are covered.

8. Which Trading Platform Wins in 2025?

It is inevitable that the future is MT5. In case you are thinking big and long-term, choose Console-Trading MT5.

And in 2025, most retail traders will continue to choose the king, which is MT4. It is quick, easy, and complete in terms of forex trading.

FXGiants advises new traders to begin with MT4, followed by MT5 once they have developed. They are free, supported all the way.

9. Regulations and Compliance

MT5 was designed according to current financial regulations. It satisfies additional requirements of regulators in such locations as the US, EU, and Asia.

MT4 is not suited towards such features as integrated order reporting and position netting, often needed by brokers in a regulated environment.

In conclusion, in the event you intend to do business in highly regulated markets, then there is a greater chance of MT5 having full support.

FXGiants applies the structure of the MT5 and meets the global compliance needs with strong MT4 support for traditional forex traders.

10. Data Handling and Reporting

MT5 is more efficient with the data. It saves historical data in a compressed and more ordered form, which implies faster loading.

In addition, MT5 supports additional trading reports, viewing the market depth, and incorporating economic feeds that MT4 does not offer.

In the case of the analytical traders, MT5 takes the top prize. You may generate sophisticated reports to assess the strategy performance in detail.

At FXGiants, MT5 offers all the best reporting features to give you the ease of being a stat-driven trader who follows their performance.

Conclusion

The two platforms are powerful. MT5 is the best choice when it comes to future-proof trading. MT4 reigns in terms of simplicity and users. Make decisions depending on what you want to achieve. FXGiants guides both platforms fully, so you can develop skills according to your ability. There is no need to hurry up; try both and make your choice about how they can fit your trading experience.

FAQs

1. Is MT5 faster than MT4?

Yes, MT5 is 64-bit and multi-threaded, which makes it much faster in execution and speed.

2. Does FXGiants have the option of MT4 and MT5?

Indeed, FXGiants is a platform that offers both web and desktop and mobile trading.

3. MT4 vs MT5: Which is better for CFD trading?

MT5 is preferred when it comes to CFD trading because it has more features and access to the markets.

4. Is MT4 being discontinued?

Not officially. However, the updates are slower. New features are targeted at MT5.

5. Which platform has better charting tools?

MT5 has greater timeframes and indicators and is better for charting.

DISCLAIMER: This information is not considered investment advice or an investment recommendation, but is instead a marketing communication