The platform you choose plays a big role in your experience and success. MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader are three of the most popular options available.
Each comes with unique features, trading tools, and levels of flexibility. But which one fits your trading style best?
Let’s break it down.
What is MetaTrader 4 (MT4)?
MT4 is one of the most widely used platforms in forex trading, known for its simplicity and reliability. Traders value it for its intuitive interface, advanced charting tools, and strong support for automated trading via Expert Advisors (EAs). It’s especially popular among forex traders who prefer a proven solution.
Key highlights:
- Excellent for forex trading
- Supports automated trading (EAs)
- Wide community support and resources
- Lightweight and fast execution
What is MetaTrader 5 (MT5)?
MT5 is the successor to MT4, designed to cater to traders looking for more advanced functionality. While MT4 focuses heavily on forex, MT5 supports a broader range of asset classes such as stocks, futures, and commodities. It also includes more technical indicators and timeframes.
Key highlights:
- Supports forex, stocks, commodities, and indices
- More built-in indicators and drawing tools
- Economic calendar integration
- Faster backtesting for automated strategies
What is WebTrader?
WebTrader is a browser-based platform that doesn’t require installation. It provides flexibility to trade directly from any device with internet access. While it may not offer the same depth of features as MT4 or MT5, it’s highly convenient for traders who value accessibility and quick order execution without downloads.
Key highlights:
- No installation required
- Accessible from any device or browser
- User-friendly and straightforward
- Best for traders who want quick access without complex tools
MT4 vs MT5 vs WebTrader: Key Differences
Here’s a side-by-side look at the main features of each platform:
| Feature | MT4 | MT5 | WebTrader |
| Assets Supported | Primarily Forex | Forex, Stocks, Commodities, Indices | Depends on broker (usually Forex & CFDs) |
| Ease of Use | Beginner-friendly | More advanced | Very simple |
| Technical Indicators | 30 built-in | 38 built-in | Limited |
| Timeframes | 9 | 21 | Limited |
| Automated Trading (EAs) | Supported | Supported (faster backtesting) | Not supported |
| Economic Calendar | Not available | Integrated | Not available |
| Installation | Required | Required | None (browser-based) |
| Best For | Forex-focused traders | Multi-asset advanced traders | Traders seeking quick access |
What Can You Trade on MT4, MT5, and WebTrader?
- MT4: Primarily Forex and other CFDs
- MT5: Forex and other CFDs including Synthetics and Crypto
- WebTrader: Usually forex and other CFDs
FAQs
How to Use a MT4, MT5, or WebTrader Demo Account?
Most brokers allow you to open a demo account for free. Simply sign up, log in, and start trading with virtual funds to test the platform.
How to Open a Live Account with FX Primus?
- Register online
- Verify your identity
- Fund your account
- Start trading on MT4, MT5, or WebTrader
Can I Use Both MT4 and MT5?
Yes, many traders use both depending on the asset class and features they need.
Which Platform is Better for Beginners: MT4, MT5, or WebTrader?
- MT4 is best for beginners focused on forex.
- WebTrader is best for casual traders who want simplicity.
- MT5 suits more experienced traders looking to diversify with multi‐asset trading.
Conclusion
MT4, MT5, and WebTrader each serve different trading needs. The key is pairing your platform with a trusted broker.
Start trading with FXPrimus today on MT4, MT5, or WebTrader and enjoy secure, fast, and reliable trading built for every style.