Pepperstone MT4 vs MT5 Comparison And review

Pepperstone clients can choose between the MetaTrader 4 or MetaTrader 5 platform with the Pepperstone MT4 platform more suited to forex traders based on the interface and automated EAs functionality while the Pepperstone MT5 platform is suited for CFD traders who want to trade currency, indices, shares and more.

View the full MT4 vs MT5 Pepperstone review below.

Pepperstone Fees

Pepperstone MT4 vs MT5 Overview

If you are looking for an online forex trading platform you are likely to have come across the following platforms by MetaQuotes Software Corp: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Along with cTrader, these form the main trading platform offerings by Pepperstone. Since its release in July 2005, MT4 has become the most popular platform in the world for trading forex. Not only is MT4 Pepperstone’s most popular platform, but Pepperstone is also one of the worlds largest MT4 brokers. MT4’s straightforward and intuitive interface and broad functionality have made it a much-loved trading platform for both beginner and advanced traders.

In June 2010, MT5 was released.  MT5 platform not only allows you to trade more financial instruments than MT4 but offers more technical analysis and analytical tools. In a nutshell, this means more trading information at your disposal when making trading decisions. Despite MT5 having its appeal as a new and improved platform over MT5, MT4 has continued to maintain popularity in its own right. This review compares MT4 and MT5 when using Pepperstone’s MetaTrader platforms so you can decide which platform is the right one for you.


Our Rating

The overall rating is based on review by our experts

8.67
Spreads
10 / 10
Leverage
10 / 10
Trading Platform
10 / 10
Risk Management
6 / 10
Range of Markets
6 / 10
Customer Service
10 / 10
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