MT4 vs MT5 White Label
Compare MetaTrader 4 and MetaTrader 5 from the perspective of a brokerage technology decision.
Compare platform capabilities and project requirements
Choose a platform based on your client workflows, instrument roadmap, integrations and operating model. Platform features and the commercial services included in a White Label proposal are different: confirm both before committing to an implementation.
| Area | MetaTrader 4 | MetaTrader 5 |
|---|---|---|
| Platform focus | Established Forex environments | Multi-asset platform, including Forex and exchange trading capabilities |
| Chart timeframes | 9 | 21 |
| Pending order types | 4 | 6 |
| Trading applications | MQL4 ecosystem | MQL5 ecosystem |
| Strategy testing | Single-threaded tester | Multi-threaded, multi-currency tester |
| Deployment decision | Existing MT4 audience and dependencies | New platform roadmap or broader instrument requirements |
| Migration work | Inventory existing integrations and applications | Assess compatibility and rebuild or adapt connections as needed |
Available instruments and services depend on the brokerage environment.
When retaining MT4 can be practical
An existing broker may have client demand for MT4, custom trading programs or operational systems built around it. Retaining that environment can reduce disruption, but it still requires appropriate supplier agreements and support. Review the MT4 infrastructure requirements against the actual needs of those clients.
When to evaluate MT5
A new brokerage or a project changing its platform roadmap should evaluate MT5 against its required markets and workflows. The important checks include account models, liquidity connectivity, CRM integration, permissions, reporting and operational ownership. Our MT5 solution page explains the surrounding configuration work.
Applications and integrations need separate assessment
MQL4 and MQL5 programs are not automatically interchangeable. Build an inventory of client applications, custom plugins, reports and integrations. Check which components can be reconfigured and which need redevelopment or replacement. Test changes using representative account and instrument scenarios.
Compare the whole operating cost
Include setup, hosting, supplier charges, CRM, bridge or gateway connections and support. A new deployment may also need training and client communication. Use the cost framework to compare proposals and the provider checklist to evaluate responsibilities.
Plan a transition before changing production
If you choose to add MT5, agree the mapping, acceptance criteria and rollback procedure before moving workflows. The migration guide covers accounts, symbols, integrations and reconciliation. Platform availability, parallel operation and transfer rights must be confirmed in the relevant agreements.
Questions before you start
Which platform should a new broker evaluate?
Evaluate platform capabilities against the required instruments, workflows and integrations. MT5 is a relevant option for a modern multi-asset roadmap; existing MT4 requirements may lead to a different choice.
Can existing client applications be reused?
Reuse depends on the application and target platform. Inventory custom programs and integrations, then assess compatibility and testing requirements.
Discuss your brokerage setup
Send your target markets, preferred platform, expected launch model and required integrations.