MetaTrader 5

MetaTrader 5 (MT5) is the next-generation MetaQuotes platform, released in 2010. It adds multi-asset support (stocks, futures, options), more timeframes, more order types (stop-limit, multiple pending orders), depth-of-market display, and a multi-threaded strategy tester. MT5 uses MQL5 for Expert Advisor development. Migration from MT4 has been slow; many brokers still default to MT4, but MT5 adoption is rising for traders needing futures or stock access alongside forex.