CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.81% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

72.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

MetaTrader 5

The upgraded version of MT4 is feature-rich and ready to download.

Why trade with MT5?

 

Building on from the industry’s gold standard MT4, MetaTrader 5 is the latest platform by Metaquotes aimed at traders looking for state-of-the-art features. The platform comes with many additional advantages, including 21 timeframes, 6 pending order types, hedging and netting options and multi-thread strategy tester for EAs.
 

 

Benefits of MetaTrader 5 with ThinkMarkets

£1,000,000 Insurance

A ThinkMarkets account protects your funds with a £1m insurance policy that comes at no additional cost.

View policy
Spreads from 0 pips*

Trading with a ThinkZero account on MT5 gives you access to razor thin Forex spreads starting from 0 pips.

Get 0 pip spreads
FREE VPS hosting**

Gain total control over the server environment you are trading in with a Virtual Private Server and let us pay for it. **Terms & Conditions apply

Find out how
  • Start trading EUR/USD today from as low as 0 pips.*

    *Typical spreads during market hours. Spreads may vary.

  • Create account

MT4 vs MT5 – What are the differences?

step 1
 
MT5 offers additional timeframes that allow for more in-depth market analysis
 
 
09
MT4
Timeframes
21
MT5
Timeframes
 

step 1
 

MT5 offers 2 additional pending order types
 

 
MT4
FOUR TYPES of pending orders
 
MT5
SIX TYPES of pending orders
 
 

Additional MT5 features
Partial order filling now possible
Built-in Economic Calendar
Hedging and netting options
Multi-thread strategy tester

The EA compatibility issue

MT5’s programming language (MQL5) is designed to develop trading robots, technical indicators and scripts, however it is more complex and not MT4-compatible. This means, that if you are an MT4 trader and want to use your custom indicators on MT5, you will have to rewrite the code, as no converting shortcuts are currently available.

man top view

Ready to discover MT5 in more depth?

Make the most of all the new features MT5 has to offer with our comprehensive User Guide that includes:

  • How to set up the Strategy Tester
  • A showcase of trading signals
  • Netting & Hedging Accounts
Download MT5 Guide

Download MetaTrader 5

The ThinkMarkets MT5 app is available to download to your favourite device including mobile, desktop and tablet, and you can also access the platform via web browser, without the need to download any software.

 
MT5 Mobile MT5 Web MT5 Desktop
Download for Android Direct access Download on Windows
Download for iOS   Download on Mac
Download for iPad    

Try MT5 now for free

Thinking of switching to MetaTrader 5? Open a demo account now and you can test drive all the new features with no risk. We’ll add $50,000 of virtual funds for you to trade with and get to know the platform.

Try our free demo
 
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