CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.00% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

About

Company

About

Learn about Blackwell's history and mission.

BGI Prime

Access institutional-grade liquidity and technology.

Partnerships

Institutional opportunities for IBs and Affiliates.

Get in touch with our global support teams.

WHY TRADE WITH US

Pricing

Competitive spreads and transparent pricing structure.

Awards and recognitions

Celebrating our commitment to excellence in trading.

Corporate

Legal Documents

Review our client agreements and key policies.

Trade

Markets

All Markets

Explore all available trading instruments and markets.

Forex

Trade 60+ currency pairs with ultra-low spreads.

Indices

Access global markets via major stock indices.

Energies

Trade crude oil, natural gas, and energy commodities.

Equities CFDs

Trade CFDs on thousands of global stocks.

Precious Metals

Trade gold, silver, platinum, and palladium.

ETFs

Access exchange-traded funds across markets.

Commodities

Trade energies, metals, and agricultural goods.

News & Analysis

Market Updates

Daily insights into market moves and trends.

Fundamental Analysis

In-depth economic reports and analysis.

Daily Market Brief

Key market updates for the day ahead.

Special Reports

Expert insights on key market events.

Trading Tools

Economic Calendar

Track market-moving global events.

Trading Calculators

Manage your trading risks and profits.

API Trading

Integrate your systems for automated trading.

Learn

Knowledge Hub

Technical Indicators

Practice trading with risk-free virtual funds.

Trading Strategies

Practice trading with risk-free virtual funds.

Ebooks

Download comprehensive strategy guides.

Discover More

Demo Account

Practice trading with risk-free virtual funds.

Platforms

Trading Platforms

MetaTrader 5

The multi-asset institutional platform.

WebTrader

Trade directly in your browser.

Blackwell Invest

The ultimate social trading App.

Discover More

MT4 vs MT5

Compare MetaTrader platforms and find your fit.

API Trading

Build automated strategies with our trading APIs.

Demo Account

Practice trading with risk-free virtual funds.

Download Centre

Access all platform installers and tools.

Help

Help Centre

Find answers to frequently asked questions.

Glossary

Learn common trading terms and definitions.

Get in touch with our global support teams.

MT4 vs MT5

Compare MetaTrader 4 and MetaTrader 5 to find the platform that fits your trading style and market needs.

The MetaTrader ecosystem

For many traders, MetaTrader is the starting point. It’s one of the most widely used trading platforms globally, trusted for its stability, execution, and flexibility across different market conditions.

Over time, the platform has evolved to meet changing market needs. Today, that evolution exists in two forms: MetaTrader 4 and MetaTrader 5.

MetaTrader 5: the platform built for today’s markets

As markets expanded and trading needs became more complex, MetaTrader 5 was introduced. MT5 extends beyond forex, offering access to a broader range of asset classes and a more advanced analytical environment. It introduces additional timeframes, deeper market visibility through Depth of Market, and integrated tools such as an economic calendar. Rather than replacing MT4, MT5 builds on its foundation, offering greater flexibility for traders who want more depth, more markets, and more control from a single platform.

For traders looking to trade across asset classes or apply more advanced analysis, MT5 represents the natural progression.

MetaTrader 4: where many traders began

MetaTrader 4 remains a familiar environment for traders who value simplicity and focus. It was built with forex trading at its core and continues to be widely used for that reason. MT4 provides the essential tools traders rely on: charting, indicators, and support for automated strategies through Expert Advisors. Its interface is straightforward, its performance is stable, and its ecosystem is mature.

For traders who concentrate primarily on forex and prefer a streamlined setup, MT4 continues to serve its purpose well.

Key differences between MT5 and MT4

Feature

MetaTrader 4

MetaTrader 5

Market coverage

Forex & selected CFDs

Forex, indices, commodities, equities CFDs, ETFs

Technical indicators

30+

38+

Timeframes

Order types

Standard

Extended order types

Depth of market

Automated trading

Economic calendar

One-click trading

Mobile & web access

Which platform fits your trading strategy?

If your trading is focused, forex-driven, and built around established strategies or Expert Advisors, MetaTrader 4 may feel familiar and efficient.

If your trading involves multiple markets, deeper analysis, or a need for broader market visibility, MetaTrader 5 offers the tools to support that approach.