MetaTrader 5 - EURUSD, M15

4 Platforms Compared

Trading Platforms.
Compare and Choose.

MT4, MT5, cTrader, TradingView — we break down the features, strengths, and ideal use cases for each.

MT4 MT5 cTrader TradingView

Industry Standard

MetaTrader 4

The world's most popular forex platform. Unmatched EA support and a massive community of traders and developers.

Expert Advisors (EAs)

Custom indicators

30+ built-in indicators

9 timeframes

One-click trading

Best for: Forex traders, EA/algo trading, beginners See MT4 Brokers

Next Generation

MetaTrader 5

Multi-asset powerhouse with more timeframes, deeper analysis, and advanced order types for serious traders.

21 timeframes

38 built-in indicators

Economic calendar

Depth of Market

Hedging & netting

Best for: Multi-asset traders, advanced analysis See MT5 Brokers

Professional Grade

cTrader

Superior charting, lightning execution, and full transparency. Built for traders who demand the best.

Level II pricing

Advanced charting

cAlgo automation

Detachable charts

Copy trading

Best for: Professional traders, scalpers See cTrader Brokers

Web-Based Analysis

TradingView

Powerful web-based charting with social features. Analyse anywhere, share ideas, and connect to your broker.

100+ indicators

Pine Script

Social trading ideas

Multi-device sync

Price alerts

Best for: Technical analysis, social trading See TradingView Brokers

At a Glance

Quick Comparison

Feature	MT4	MT5	cTrader	TradingView
Timeframes	9	21	28+	Unlimited
Indicators	30+	38+	65+	100+
Automation	MQL4 (EAs)	MQL5 (EAs)	cAlgo (C#)	Pine Script
Execution	Standard	Standard	Fastest	Via broker
Web Trading	Limited	Yes	Yes	Full
Community	Huge	Growing	Niche	Largest
Hosting	Local / VPS	Local / VPS	Local / VPS	Cloud only
Strategy Privacy	Full (local)	Full (local)	Full (local)	Shared infra
Best For	Forex EAs	Multi-asset	Scalping	Analysis

Choose Wisely

Why Your Platform Matters

Your trading platform is where you spend most of your time. The right choice affects execution, analysis, and your bottom line.

Execution Speed

Milliseconds matter. Platform choice directly affects your order fill speed and slippage.

Automation

Run EAs on MT4/MT5 or cAlgo on cTrader. Your strategy, your rules, running 24/5.

Device Access

Desktop, web, or mobile. Some platforms excel on specific devices more than others.

Charting Tools

TradingView and cTrader lead in charting. MT4 is more limited but has more add-ons.

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