Expert Advisors (EAs) - EAs are programmes that make it possible to apply automatedĪutomated strategies in the forex market.
MQL4 is based on the popular C++ and its flexibility can help create the following: It supports the native MQL4 (MetaQuotes Language 4) programming language, which enables the development of various custom trading tools to be used directly on the MetaTrader 4 trading platform. MetaTrader 4 features the highest security and technology standards. MQL4 is the native programming language that enables the development of various custom trading tools to be used directly on the MetaTrader 4 trading platform. The entire ecosystem that supports automated or algorithmic trading is harmonised and available on the MQL4 IDE (integrated development environment). Whilst MT5 does boast several new features not available in MT4, other traders may prefer the straightforward nature of MT4.įor more details, take a look at our comparison table below to learn the main differences between the MT4 and MT5 platforms and account types with MultiBank Group.MetaTrader 4 also supports the creation, modification, and utilisation of automated trading strategies. This covers both centralised and non-centralised financial markets, such as, stocks, FX and indices trading. It’s generally a rule of thumb that MT4 is designed for CFD forex assets, whilst MT5 is an all-in-one multi-asset trading platform. With over 20,000 CFD assets across 6 different classes, advanced trading analytics tools and lightning-fast execution speeds, we have a platform and a plan to suit all traders’ needs.īetween MT4 and MT5 platforms, which one is better? This all depends on the trader. Not only do we provide a range of top-grade trading platforms, including MetaTrader 4 and Metatrader 5, but we also offer 3 different plans with diverse trading conditions, so you can choose a plan tailored to your personal preferences. One of the many benefits of trading with MultiBank Group is the variety of platforms and account types we have on offer.