Compare Trading Platforms: MT4, MT5, cTrader

Compare Platforms

We gathered information to compare the MT4 platform vs MT5 and cTrader trading platforms to see which one is the best trading platform.

Compare our most popular trading platforms MetaTrader 4 and cTrader side by side and see which platform is right for you.

cTrader MT4

Developer Spotware Systems MetaQuotes Software MetaQuotes Software
Release Date 2011 2005 2010
Latest Release Date 4 February 2017 17 December 2016 29 January 2018
Accessibility Windows Windows, MAC Windows, MAC
Browser Version cTrader Web WebTrader WebTrader
Cost Free Free Free
Smart Phone/ Tablet Version
ll trading instruments available XNGUSD not available
Expert Advisors (EA)/Automated Trading support
Strategy back testing
Customisable Charting and Indicators
Adjustable session times
Depth of Market Functionality
Most common platform/largest number of resources
Advanced take profit/stop loss levels
Custom backgrounds
Access to historical data through platform
Detachable charts for multiple monitors
Social/Copy Trading Functionality
Cloud hosted profiles, templates and passwords

Ultimately, the three platforms may not be easily set apart. We believe that users focused on EAs may be drawn to MT4 and MT5 due to its wider availability, more online resources and larger online community. Other traders may be drawn to cTrader by the greater ability to make modifications to the interface and more advanced order options.

We believe a large determinant in deciding the right platform for you is to consider your personal needs and what you think is most important. Typically, most people go with the platform they are most comfortable with and is the most pleasing to look at.