Categories
FXGT MT4 vs. MT5: Comparison of Platforms, Features, and Account Options
Explore the key differences between FXGT’s MT4 and MT5 trading platforms, including account types, currency units, available instruments, and trading features.
FXGT’s MT4 (MetaTrader 4) and MT5 (MetaTrader 5) Trading Platforms Comparison
Traders at FXGT can choose between trading platforms MT4 and MT5 (MetaTrader 5).
There are differences in account types, account currency units, and the securities handled between MT4 and MT5.
Trading Platforms Available at FXGT
Below are the trading platforms available at FXGT (FXGT).
- MT4 (MetaTrader 4)
- MT5 (MetaTrader 5)
You can choose either MT4 or MT5 when opening an account.
Open an MT4 Account with FXGT Here
Comparison of Differences Between FXGT’s MT4 and MT5
Below is a table comparing the differences between FXGT’s MT4 and MT5.
Trading Platform | MT4 | MT5 |
---|---|---|
Account Type | 4 types | 5 types |
Account Currency Unit | 4 types | 8 types |
Securities Handled | 7 categories | 10 categories |
There are no fundamental differences in trading environment and conditions other than the above.
1. Account Types Available for FXGT’s MT4
Below are the account types available for MT4 at FXGT.
- Mini account
- Standard account
- Pro account
- ECN account
Cryptomax accounts cannot be opened with FXGT’s MT4.
Open an MT4 Account with FXGT Here
Comparison of Account Types Available for FXGT’s MT4 and MT5
Below is a table comparing the account types available for MT4 and MT5 at FXGT.
Account Type | MT4 | MT5 |
---|---|---|
Mini account | Available | Available |
Standard account | Available | Available |
Pro account | Available | Available |
ECN account | Available | Available |
Cryptomax account | Not available | Available |
Cryptomax accounts are specialized for cryptocurrency FX (Bitcoin FX/crypto asset CFDs).
2. Account Currency Units Available for FXGT’s MT4
Below are the account currency units available for MT4 at FXGT (FXGT).
- Japanese Yen
- US Dollar
- Euro
- Tether (USD Tether/USDT)
For MT4, you cannot select cryptocurrencies such as Bitcoin (Bitcoin/BTC), Ethereum (Ethereum/ETH), Ripple (Ripple/XRP), or Cardano (Cardano/ADA) as account currency units.
Comparison of Account Currency Units Available for FXGT’s MT4 and MT5
Below is a table comparing the account currency units available for MT4 and MT5 at FXGT.
Account Currency Unit | MT4 | MT5 |
---|---|---|
JPY Account | Available | Available |
USD Account | Available | Available |
EUR Account | Available | Available |
USDT Account | Available | Available |
BTC Account | Not available | Available |
ETH Account | Not available | Available |
XRP Account | Not available | Available |
ADA Account | Not available | Available |
A Japanese Yen account can also be opened with MT4.
Open an MT4 Japanese Yen Account Here
3. Securities Tradable on FXGT’s MT4
Below are the categories of securities tradable on MT4 at FXGT (FXGT).
- FX currency pairs
- Precious metals
- Energy
- Stock indices
- Stocks
- Cryptocurrencies
- GTi12 Index
On MT4, you cannot trade certain cryptocurrencies such as synthetic crypto assets, DeFi tokens, or NFTs.
Comparison of Tradable Securities Between FXGT’s MT4 and MT5
Below is a table comparing the tradable securities between MT4 and MT5 at FXGT.
Account Currency Unit | MT4 | MT5 |
---|---|---|
FX currency pairs | Tradable | Tradable |
Precious metals | Tradable | Tradable |
Energy | Tradable | Tradable |
Stock indices | Tradable | Tradable |
Stocks | Tradable | Tradable |
Cryptocurrency pairs | Some not tradable | Tradable |
GTi12 Index | Tradable | Tradable |
On NT5, you can also trade leveraged transactions of minor coins beyond major coins, and synthetic crypto assets like BTCXAU combining cryptocurrencies and precious metals.
Open an MT5 Account with FXGT Here
Securities Not Tradable on MT5 but Tradable on MT4
There are some securities tradable on FXGT’s MT4 that are not tradable on MT5.
Below are examples of precious metals tradable on MT4 but not on MT5.
- XAUTRY (Gold/Turkish Lira)
Below are examples of stock indices tradable on MT4 but not on MT5.
- All Africa Index
- Silicon Valley Index
- US Indices Index
Below are examples of stocks tradable on MT4 but not on MT5.
- Amazon.com
- American Express
- Baidu
- Caterpillar
- Chevron
- Devon Energy
- Electronic Arts
- Ford Motor
- First Solar
- General Electric
- General Motors
- Gap
- JPMorgan Chase & Co.
- Coca-Cola
- McDonald’s
- Meta Platforms
- Merck
- Morgan Stanley
- Nike
- Oracle
- Starbucks
- AT&T
- Vodafone Group
- Wells Fargo
Below are examples of cryptocurrencies tradable on MT4 but not on MT5.
- BTCEUR
- BCHJPY
- BCHUSD
- BCHEUR
- XRPEUR
- ETHEUR
- LTCEUR
- ADAEUR
- XLMJPY
- XLMUSD
- XLMEUR
- DOTJPY
- DOTUSD
- DOTEUR
- SHBUSD
- USDTJPY
- USDTEUR
- SOLUSD
Conversely, there are U.S. stocks and Yandex that are tradable on MT5 but not on MT4.
The latest handled securities can be checked on both MT4 and MT5.