Choosing Between MT4 and MT5 on JustMarkets
When opening a trading account with JustMarkets, one of the first decisions every trader faces is which platform to choose: MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
Both platforms are developed by MetaQuotes, and both are known for their stability, advanced charting tools, and automated trading capabilities. However, each has distinct advantages depending on your trading goals, experience level, and market preference.
In this 2025 comparison, we will explore the differences, similarities, and unique benefits of each platform on JustMarkets — helping traders decide which is better suited to their trading strategy.
Overview of MetaTrader Platforms on JustMarkets
JustMarkets provides access to both MT4 and MT5 for all account types, supporting trading on:
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Forex currency pairs
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Commodities and precious metals
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Indices and stocks (on MT5)
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Cryptocurrencies
Both platforms are available on desktop, web, and mobile devices, offering global traders flexibility to trade anytime, anywhere.
| Feature | MetaTrader 4 (MT4) | MetaTrader 5 (MT5) |
|---|---|---|
| Release Year | 2005 | 2010 |
| Order Types | 4 | 6 |
| Timeframes | 9 | 21 |
| Depth of Market | No | Yes |
| Economic Calendar | No | Yes |
| Hedging | Yes | Yes |
| Netting | No | Yes |
| Programming Language | MQL4 | MQL5 |
| Execution Speed | Fast | Faster |
| Built-in Indicators | 30 | 38 |
Understanding MetaTrader 4 (MT4) on JustMarkets
Classic Platform for Forex Traders
MetaTrader 4 remains one of the most popular trading platforms globally, particularly among forex-focused traders. On JustMarkets, MT4 provides:
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Intuitive interface for beginners
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Low system requirements
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Advanced charting and technical analysis tools
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Support for Expert Advisors (EAs)
Its simplicity and reliability make MT4 an excellent choice for traders who value speed and stability over complexity.
Key Features of MT4 on JustMarkets
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Custom Indicators & EAs: Traders can use or create indicators with MQL4.
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One-Click Trading: Allows instant order execution directly from charts.
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Multi-Chart Setup: Analyze several assets simultaneously.
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Server Stability: JustMarkets maintains fast MT4 servers to reduce latency.
Understanding MetaTrader 5 (MT5) on JustMarkets
The Next Generation Platform
MetaTrader 5 was developed as the evolution of MT4, offering more advanced tools, faster performance, and access to more asset classes. It’s ideal for traders seeking multi-asset flexibility.
Key Features of MT5 on JustMarkets
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21 Timeframes and 6 Order Types: More flexibility for scalping and long-term trading.
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Integrated Economic Calendar: Traders can monitor market events directly on the platform.
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Depth of Market (DOM): Displays real-time liquidity and order flow.
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Multi-threaded Strategy Tester: Backtests multiple strategies faster using historical data.
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MQL5 Environment: Supports more complex algorithmic trading systems.
MT4 vs MT5 – Detailed Comparison
1. Performance and Speed
MT5 runs on a 64-bit, multi-threaded architecture, which allows faster data processing and backtesting.
MT4, though slightly slower, remains lightweight and efficient for most retail traders.
Verdict:
If you run multiple charts or EAs simultaneously, MT5 provides better stability and performance.
2. Order Management and Execution
MT5 supports hedging and netting, while MT4 only supports hedging.
This flexibility makes MT5 better suited for professional traders or those who manage multiple portfolios.
Verdict:
Choose MT5 if you require more order control and diverse trading strategies.
3. Trading Instruments and Market Access
MT4 is primarily designed for forex and commodities, while MT5 expands to stocks, indices, and futures — making it a more multi-asset platform.
Verdict:
Traders interested in diversified portfolios beyond forex should prefer MT5.
4. Charting Tools and Technical Analysis
MT5 offers 38 built-in indicators and 44 graphical objects, compared to MT4’s 30 indicators and 31 graphical tools.
Additionally, MT5 supports 21 timeframes, providing greater flexibility for technical analysis.
Verdict:
For in-depth analysis, MT5 provides a more comprehensive toolkit.
5. Automated Trading (EAs and Scripts)
Both platforms support automated trading.
However, MQL5 (for MT5) is a more powerful and efficient programming language than MQL4, allowing more sophisticated Expert Advisors.
Verdict:
Algorithmic traders and developers will benefit more from MT5.
6. Compatibility and Community
Because MT4 has been around longer, it has a massive online community, countless third-party indicators, and EAs available for free or purchase.
MT5’s ecosystem is growing rapidly but is still smaller than MT4’s.
Verdict:
MT4 wins for community support and third-party integration, while MT5 wins for modern technology.
Which Platform is Better for You?
| Trader Type | Recommended Platform | Reason |
|---|---|---|
| Beginner Trader | MT4 | Simple, lightweight, easy to learn |
| Scalper | MT5 | Faster execution, more order types |
| Swing/Position Trader | MT5 | More timeframes, market depth |
| Algorithmic Trader | MT5 | Advanced MQL5 programming |
| Manual Trader | MT4 | Familiar interface, proven reliability |
| Multi-Asset Trader | MT5 | Access to stocks, indices, and crypto |
JustMarkets Platform Support and Integration
JustMarkets enhances both MT4 and MT5 with:
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Ultra-fast servers located in major financial hubs (London, Singapore).
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Low latency execution, ideal for scalpers and day traders.
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Full mobile support for Android and iOS users.
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Demo accounts for both MT4 and MT5 — perfect for learning before going live.
Pros and Cons Summary
| Platform | Pros | Cons |
|---|---|---|
| MT4 | Simple interface, strong community, stable | Limited asset classes, older tech |
| MT5 | Faster execution, multi-asset, more tools | Slightly steeper learning curve |
Expert Verdict – MT4 or MT5 on JustMarkets?
Both MT4 and MT5 are excellent trading platforms, and JustMarkets ensures optimal performance on both.
However, the right choice depends on your trading style:
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Choose MT4 if you value simplicity, fast execution, and forex-focused trading.
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Choose MT5 if you want more assets, more tools, and advanced functionality.
Ultimately, JustMarkets allows traders to switch freely between MT4 and MT5 accounts, giving full flexibility to test and choose the platform that fits best.
