Your trading platform impacts trader retention, operations, and compliance. Many new brokers face the same question: Should I go with MT4 or MT5? Your long-term strategy starts here.
– Most widely used platform in retail forex – Shorter learning curve for traders and staff – Supports Expert Advisors (EAs) – Huge ecosystem of plugins, tools, and support – Fast mobile apps and low server requirements
Best for: Fast, low-risk launches targeting forex traders. While MT4 doesn’t support other asset classes, most successful startup brokers don’t need that from day one.
– Supports forex + stocks, indices, CFDs, commodities – Comes with DOM, economic calendar, and built-in backtesting – Suited for brokers targeting regulated or institutional markets
Limitations: – More complex setup – Fewer third-party integrations – Higher learning curve MT5 is ideal only if your strategy includes multi-asset expansion and compliance overhead.
– MT4 Mobile is faster, lighter, easier for new traders – MT5 Mobile offers more tools, but is heavier – For markets where 80%+ traders use mobile (Asia, Africa), MT4 is better optimized Expert Note: Switching users from MT4 to MT5 can lead to friction, retraining, and churn.
- “We launched with both — 70% of traders still chose MT4.” - “We’ve seen brokers explore MT5, but most return to MT4 — especially when trader behavior, cost, and speed are the priorities.” - “MT4 got us to market faster, with lower cost and fewer issues.”
Choose MT4 if: ✔ Your focus is retail forex ✔ You want a quick, cost-effective launch ✔ You need access to established plugins & automation tools
Choose MT5 if: ✔ You’re entering a regulated, multi-asset market ✔ You plan to target high-volume or institutional traders ✔ You have resources for setup, training, and long-term scaling
Not sure what’s right for your model, region, or user type? Our experts guide you through regulation, setup, and growth.