MT5 overtakes MT4 in trading volume after 15 years

MetaTrader 5 (MT5) has officially surpassed MetaTrader 4 (MT4) in trading volume, marking a significant turning point after 15 years. According to our upcoming Q1 Intelligence Report, MT5 now accounts for 54.2% of the total combined volume between the two platforms, leaving MT4 with 45.8%. These figures exceed our earlier predictions and show that MT5 is quickly becoming the preferred choice among traders.

The shift from MT4 to MT5 was bound to happen. Since its debut in 2005, MT4 served as the go-to platform for CFD trading due to its user-friendly interface, wide array of third-party tools, and dependable performance. Traders have long appreciated MT4 for its advanced charting capabilities, automated trading through Expert Advisors, and a wealth of educational resources. Brokers also favored the platform for its seamless integration and widespread recognition, making it the industry leader for many years.

In recent years, however, MT5 has steadily gained ground. Upgraded technology, evolving regulatory demands, and the desire for a broader range of trading instruments have all contributed to its rise. Brokers are beginning to pivot toward MT5 as they refresh their technology, and MetaQuotes—the developer behind both platforms—is gradually reducing its support for MT4 to encourage this transition. This growing adoption of MT5 signals a pivotal change in the long-standing rivalry between these platforms.

Furthermore, alternative trading platforms are also making headway. In the first quarter, non-MetaQuotes platforms captured a market share of 27%, up from just over 24% in the previous quarter.