Financial and Business News

MT5 Extends Its Lead Over MT4 as Platform Shift Accelerates

Wednesday, 22/10/2025 | 09:20 GMT by Sylwester Majewski
  • MT5 now holds 62% of combined MT4 and MT5 CFD volumes.
  • MT4’s retreat could open space for other platforms.
MT5 dominance
MT5 overtaking MT4 in total trading volume

Competition between MetaTrader 4 (MT4) and MetaTrader 5 (MT5) is intensifying as MT5 widens its lead over its predecessor. Data from the latest Finance Magnates Intelligence Report shows MT5 accounted for 62% of retail CFD trading volumes on MetaQuotes platforms in Q3 2025, while MT4 slipped to 38%.

Launched in 2005, MT4 became the global standard for retail forex and CFD trading, praised for its simple interface and support for algorithmic strategies through Expert Advisors. It built a broad network of users, developers, and brokers that cemented its dominance for more than a decade. MT5, introduced in 2010 as its successor, expanded into multi-asset trading with equities, futures, and more advanced analytical tools.

For many years, MT4 remained the clear leader in retail CFDs. Even as MT5 gained traction, most brokers and traders stayed with MT4 because of its established community and familiar workflow. As recently as last year, Finance Magnates Intelligence data showed MT4 handling roughly two-thirds of all trading volumes, a clear sign of how deeply embedded it was in the market. Despite MT5’s technical edge, MT4’s loyal base kept it ahead until recently.

This year marked a turning point. Data from Q1 showed MT5 overtaking MT4 in trading volume for the first time in 15 years. The latest Q3 figures reinforce that shift, with MT5 now firmly in the lead at 62%. The numbers show how rapidly brokers and traders are migrating to the newer platform.

MT4 and other platforms

The Future of MT4

Still, MT4 is far from disappearing. Many major brokers continue to offer it as a core product because of its reliability, integrations, and client familiarity. While its dominance is fading, its large installed base will likely sustain activity for years. It may not drive future growth, but it remains too established to fade quickly.

Looking ahead, the pace of transition will be one to watch. Q3 data from Finance Magnates Intelligence also shows that 15.7% of retail CFD volumes are now executed on platforms other than MT4 or MT5. If that share continues to rise, MT4 could soon fall to third place – a shift that would mark a new phase in the competition for trading platforms.

Competition between MetaTrader 4 (MT4) and MetaTrader 5 (MT5) is intensifying as MT5 widens its lead over its predecessor. Data from the latest Finance Magnates Intelligence Report shows MT5 accounted for 62% of retail CFD trading volumes on MetaQuotes platforms in Q3 2025, while MT4 slipped to 38%.

Launched in 2005, MT4 became the global standard for retail forex and CFD trading, praised for its simple interface and support for algorithmic strategies through Expert Advisors. It built a broad network of users, developers, and brokers that cemented its dominance for more than a decade. MT5, introduced in 2010 as its successor, expanded into multi-asset trading with equities, futures, and more advanced analytical tools.

For many years, MT4 remained the clear leader in retail CFDs. Even as MT5 gained traction, most brokers and traders stayed with MT4 because of its established community and familiar workflow. As recently as last year, Finance Magnates Intelligence data showed MT4 handling roughly two-thirds of all trading volumes, a clear sign of how deeply embedded it was in the market. Despite MT5’s technical edge, MT4’s loyal base kept it ahead until recently.

This year marked a turning point. Data from Q1 showed MT5 overtaking MT4 in trading volume for the first time in 15 years. The latest Q3 figures reinforce that shift, with MT5 now firmly in the lead at 62%. The numbers show how rapidly brokers and traders are migrating to the newer platform.

MT4 and other platforms

The Future of MT4

Still, MT4 is far from disappearing. Many major brokers continue to offer it as a core product because of its reliability, integrations, and client familiarity. While its dominance is fading, its large installed base will likely sustain activity for years. It may not drive future growth, but it remains too established to fade quickly.

Looking ahead, the pace of transition will be one to watch. Q3 data from Finance Magnates Intelligence also shows that 15.7% of retail CFD volumes are now executed on platforms other than MT4 or MT5. If that share continues to rise, MT4 could soon fall to third place – a shift that would mark a new phase in the competition for trading platforms.

Topics
mt4
mt5
metaquotes
Trading Platforms
volumes
Intelligence report
qir
About the Author: Sylwester Majewski
Sylwester Majewski
  • 137 Articles
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Sylwester is a graduate of the Warsaw School of Economics, holding an MA in Finance and Banking. He currently serves as Head of the Insights & Reporting Hub at Finance Magnates. He is also a former minority partner in an NFA-registered US forex broker and has been involved in numerous forex and trading industry projects since 2003. Privately, Sylwester is a husband and father to a 7-year-old daughter, as well as an enthusiast of trading and Formula 1.

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