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The Future of MT4 and MT5: What Traders Should Know

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been around for a long time, almost unbeatable as platforms for retail traders and algo traders. But with the financial markets moving so quickly, there are many traders and developers asking, —What's next for MT4 and MT5?

Let's take a look at MT4 and MT5 and their situation and future relevance in trading.

MT4 v. MT5: A Quick History

MT4 has been around since 2005 and is very commonly used for forex and CFDs. It is renowned for its straightforward user experience and for the vast ecosystem of indicators and Expert Advisors (EAs) available.

MT5 was released in 2010 and has better specifications, supports more assets, processes trades faster, has multi-threaded backtesting, and allows an economic calendar.

There is no question that MT5 is technically superior—so why does MT4 continue to command the market, with brokers placing more importance on it than MT5, if they even offer MT5?

Why MT4 Will Continue to Thrive in 2025 Extensive Community Support: Thousands of traders and developers are still using the MT4 codebase and ecosystem.

Lightweight Environment: MT4 has a smaller memory footprint in terms of running resources and can be easily implemented on older PCs or in stable environments.

Supported Orders in MetaConnector | TradingView to MT4/MT5

Broker Supported: There are still many brokers working with MT4 as their most preferred version due to so much interest in the platform. But can this last? Reasons Why MT4 and MT5 Will Remain Relevant 1. Extensive International User Base Millions of traders continue to use MT4 and MT5, especially for forex and CFD trading, and brokers globally still continue to reveal both platforms. 2. Sophisticated Automation Options The growth of copy trading and algorithmic trading means that with MT4 and MT5 there are different solutions available for integrating several options: MetaConnector and TradingView to MT5 Copier allow people to automate, even those new to the industry. 3. Broker and 3rd Party Connectivity Currently, although new platforms continue to arrive on the market, MT4 and MT5 remain intimately embedded in systems amongst brokers and will not be replaced overnight. The Challenges Ahead 1. MetaQuotes Licensing Approach MetaQuotes ceased providing MT4 to new brokers in 2022 and will only be providing MT5 in the future. Over time, this will inevitably diminish the availability of MT4, but not at a rapid rate. 2. Regulatory Pressure Regulators in some areas have recently become more stringent around MetaTrader platforms after many prominent scam brokers have exploited the platforms. This has required it to now be temporarily removed from app stores in those areas. Competing Platforms New web-based platforms are arriving, such as cTrader, TradingView, and broker-specific terminals, offering non-proprietary, intuitive design and social options that dynamically update in real time, which is attracting younger traders. Copy Trading / MT5 Future The growth in copy trading continues and is making the MT5 platform alive again, with the integral tools that firms such as Combiz Services Pvt are offering. Copy Trading & the MT5 Platform: An Exciting Future The thrilling rise of copy trading is reinvigorating the MT5 platform. With incredible capabilities existing between companies like Combiz Services Pvt. Ltd., traders can copy trades across MT4, MT5, and from other platforms like TradingView, all without programming. This is a tremendous value added to the MT5 ecosystem since it allows new and experienced traders a great deal of flexibility with available integrations for tools like Master-Child Auto Copy System Broker API Integrations Real-time Trade Copier Techniques The Outlook Here are a few different views on what we may see in the future: Declining MT4: As MetaQuotes continues to withdraw the license for MT4, we may see it decline slowly, but relevant support is foreseen for years. Dominating MT5: With more features and constant updates, MT5 will undoubtedly become the universal MetaTrader platform, maintained by strict regulations. Leading Custom Integrations: With automation products like MetaConnector and amazing companies like Combiz Services Pvt. Ltd., MT5 will futuristically become the nucleus for all of your next-generation algo and copy trading thinking plans. Conclusion While MT4 has had a historical run, the predominance of the future is MT5. Obviously, traders and brokers are slowly transitioning over to MT5. Everyone is seeing the benefits of having more functionality and compliance. That said, both platforms are extremely valuable—especially when used with smart automation tools. So if you are a trader, simply stay ahead of the game and make sure you are using the best tools (including those offered by Combiz Services Pvt Ltd)!