The MetaTrader 4 and 5 trading platforms provide advanced technical analysis, a flexible trading system, algorithmic trading, and expert advisors for traders of all experience levels. Additionally, they offer mobile trading applications.
These platforms offer a range of market, pending, and stop orders, along with a trailing stop feature, allowing traders to execute trades regardless of the prevailing market conditions. Moreover, both platforms include a comprehensive demo account that provides extensive support and grants access to numerous educational resources.
Having trouble deciding between the two? Don’t worry, you’re in the perfect spot.
Right here, we’ll break down and compare the MetaTrader platforms for you
Number of Supported types of order execution
Partial edit option where a trade that is now available with maximum volume is executed,without surpassing the requested volume specified in the order. Any remaining unfilled volume will be automatically canceled.
Additional Order Execution Conditions
Types of pending orders requesting a broker to buy or to sell a financial security under pre-defined conditions in the future
Having multiple positions of a financial instrument, both in the same and opposite direction
Having one open position of a financial instrument only.
Bids and offers for a financial security at different prices depending on the volume
Technical indicators are used to automatically detect patterns in the financial instrument price dynamics
Analysis tools that help to identify financial instrument price trends, to detect cycles and support/resistance levels, to build channels and more
Group quotes of financial instrument in time intervals.
A fundamental analysis tool which features macroeconomic news from numerous countries that can affect financial instrument prices
EA tester and optimization modes.
It only takes a minutes to get your account set up and ready for trading