MT4 is the most widely deployed retail trading platform. MT5 is its successor. Despite the name, MT5 is not simply MT4 + 1 — it is a different product with different strengths.
What MT5 has that MT4 doesn't
- 21 timeframes (vs 9). M2, M3, M4, M6, M10, M12, M20 etc.
- Built-in economic calendar.
- Depth-of-market display.
- زیاتر order types and better partial-close handling.
- Native multi-asset پشتیگیری (پشکەکان, futures-style products).
- MQL5 — زیاتر powerful but not backward-compatible with MQL4.
Where MT4 still wins
- EA ecosystem. Most existing EAs are written in MQL4 and stay on MT4.
- Indicator availability. Years of free MQL4 indicators don't exist directly on MT5.
- Familiarity. Many traders simply prefer it.
Hedge vs netting
MT4 always hedges (multiple positions per symbol). MT5 supports both hedge and netting هەژمار types. Netting collapses positions into one net position per symbol — common for پشکەکان, less common for retail FX.
Which to pick
- EA بەکارهێنەر with existing MQL4 code → MT4.
- نوێ trader, manual or learning to code → MT5.
- Multi-asset trader → MT5.
هەنگاوە دواترەکان on ShaFX
- بەخۆڕایی trading calculators — position size, pip value, margin, risk/reward, drawdown.
- Take a quiz on this topic and see what تۆ missed.
- فەرهەنگی زاراوەکان — precise definitions for every term used here.
- Compare بڕۆکەرەکان using our methodology.