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MetaTrader 4 vs. MetaTrader 5 — What’s the Difference?

Learn the difference between MetaTrader 4 and MetaTrader 5. MT5 offers faster backtesting, real tick data, multi-asset testing, and cloud optimization. Profectus.AI supports MT5 exclusively for performance and precision.

Updated over 2 months ago

At Profectus.AI, we exclusively support MetaTrader 5 (MT5) — the latest and most advanced version of MetaQuotes’ trading platform. Both MT4 and MT5 allow algorithmic trading through Expert Advisors (EAs), but MT5 introduces major improvements in speed, accuracy, and testing capabilities. If you understand the differences, you can make the most out of your trading automation workflow.

Check our article how to access Metatrader 5 as a Windows User and as a Mac User.


Overview

MetaTrader is a free, widely used trading platform for manual and automated trading.
It’s stable, open to customization, and frequently updated by MetaQuotes — the company behind both MT4 and MT5. While MT4 was once the gold standard for retail traders, MT5 now offers a more robust environment for strategy testing, multi-asset support, and advanced performance optimization.


MT4 vs MT5 — Comparison Table

Feature

MetaTrader 4 (MT4)

MetaTrader 5 (MT5)

Release Year

2005

2010

Development Status

Legacy (no major updates since 2012)

Actively developed and supported

Performance

Single-core processing (slow)

Multi-core + cloud optimization

Backtesting Speed

One instance at a time

Parallel, multi-asset, multi-threaded

Optimization

❌ Not supported

✅ Supported with variables and constants

Multicurrency Testing

❌ Not possible

✅ Possible

Statistical Analysis

Basic metrics only

R², custom stats, and extended metrics

Custom Data Upload

Simple, but limited

Advanced data import options

Cloud & Local Farms

❌ Not available

✅ Cloud network + local agent network

Ease of Use

Beginner-friendly

Slightly more advanced, broader tools

Precision & Reliability

Moderate

High – true tick data used for backtests

Main Drawback

Slow and limited for modern bots

Uploading historical data takes longer


Why Profectus.AI Uses MetaTrader 5

Profectus.AI focuses on performance, accuracy, and scalability — three things only MT5 delivers:

  • Faster, multi-threaded backtesting for complex strategies

  • Real tick data precision for institutional-grade validation

  • Built-in optimization tools for parameter sweeps

  • Cloud testing for distributed computing

  • Seamless integration with our EX5 exports (EA file format for MT5)

In short:

MT4 was built for traders. MT5 was built for traders and developers. That’s why every algorithm created in Profectus.AI compiles directly to MetaTrader 5.


Best Practice

If you’re new to algorithmic trading, start on MT5.
It provides:

  • Faster feedback loops through visual backtesting

  • Reliable data handling

  • Compatibility with all Profectus.AI exports

And if you’ve used MT4 before — transitioning is simple. Most logic and EA structures are identical, only the compiler and certain indicator references differ.

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