Key takeaways
- MetaQuotes sells new licences for MetaTrader 5 only.
- Existing MT4 brokers keep their platform but cannot expand it with new licences.
- MT5 is multi-asset, with more timeframes and a faster, more flexible architecture.
- A new licence is the natural moment to move clients from MT4 to MT5.
The end of new MT4 licences
MetaQuotes stopped selling new MetaTrader 4 licences and has focused on MetaTrader 5. New brokers and firms leaving white labels therefore apply for an MT5 licence.
Practical differences
| MT4 | MT5 | |
|---|---|---|
| New licences | No | Yes |
| Assets | Mainly forex and CFDs | Forex, CFDs, stocks, futures |
| Timeframes | 9 | 21 |
| Language | MQL4 | MQL5 |
| Position accounting | Hedging | Hedging and netting |
Moving from MT4 or a white label
If you are on MT4 or a white label today, a direct MT5 licence gives you control and a modern platform. See from white label to own licence.