Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

79% of retail investor accounts lose money when trading CFDs with this provider.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

79% of retail investor accounts lose money when trading CFDs with this provider.

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Comparison of MT4 and MT5

MetaTrader 5

MetaTrader 5 is a modern and multi-functional trading platform that offers advanced capabilities for analysing and trading in various financial markets. Its advanced features and increased transaction speed make MT5 a great choice for traders of all levels.

Feature MetaTrader 4 (MT4) MetaTrader 5 (MT5)
Year released 2005 2010
Order types Market, limit, stop, and trailing stop orders Market, limit, stop, trailing stop, and stop limit orders
Order execution types Market execution, instant execution Market execution, instant execution
Markets Forex, CFDs Forex, CFDs, stocks, futures, options, bonds

Trading with Libertex

 CFDs CFDs
Technical analysis 30 technical indicators 107 technical indicators
Chart items 24 35
Number of timeframes 9 21
Market depth (Level II) No Yes
Economic calendar No Yes
Strategy testing Single-threaded testing Multi-threaded testing, tests on real ticks
Reports and analysis Standard reports Advanced reports and analysis capabilities
Custom interface Intuitive, older version Updated interface with improved functionality
Hedging Yes Yes

 

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Pros of MetaTrader 5

  • Advanced technical analysis
    The platform offers 107 built-in technical indicators and 35 chart items, which is a significant increase compared to MT4.
  • More timeframes
    MT5 has 21 timeframes available versus MT4's 9. This allows traders more flexibility in analysing market movements on different timeframes.
  • Economic calendar
    The built-in economic calendar allows traders to stay abreast of current events and react to market changes in a timely manner.
  • Expanded features
    MetaTrader 5 offers a wider range of order types, such as stop-limit orders and improved market depth (Level II).
  • Multi-market platform
    MT5 supports trading for forex, CFDs, stocks, futures, options and bonds. This allows traders to diversify their trades and use one platform for multiple purposes.
  • Improved user interface
    The updated MT5 interface makes working with the platform more convenient. Improved navigation and additional features allow traders to execute trades faster and more efficiently.
  • Additional analysis tools
    MT5 provides advanced reports and tools to analyse your results better and improve your strategies.
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