MT4 vs MT5
Compare MetaTrader 4 and 5 on timeframes, orders, market depth, analytics, and MQL languages—and pick the terminal that fits you.
Platform features
Key desktop capabilities
| Feature | MT4 | MT5 |
|---|---|---|
| Timeframes | 9 | 21 |
| Built-in indicators | 30 | 38 |
| Pending orders | 4 | 6 |
| Automation language | MQL4 | MQL5 |
| Strategy testing | Single-thread | Multi-thread, multi-symbol |
| Market depth | Not equivalent built-in | Supported (data-dependent) |
| Instruments | Primarily forex | Multi-asset markets |
This comparison covers software features. Markets, orders, and depth still depend on your broker and account. Figures follow MetaQuotes’ comparisons.