CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
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HFM Platform Vs MT4 Vs MT5
- Platforms
- HFM Platform Vs MT4 Vs MT5
Discover the perfect trading environment tailored to your preferences with HF Markets versatile platforms.
Explore MetaTrader 4, MetaTrader 5, and the HFM Platform, each offering a unique set of powerful tools and features, empowering you to trade with confidence and efficiency.
MT4, MT5 and HFM Platform overview
For a comparative overview of the various trading platforms available, including a side-by-side comparison of their key features, refer to the table provided below:
Feature | MT4 | MT5 | HFM Platform |
---|---|---|---|
Trade within the HFM App | |||
Timeframes | 9 | 21 | Through MT5 |
Technical Indicators | 30 | 38 | |
Analytical Objects | 31 | 44 | |
Built-in Economic Calendar | |||
Platform Speed | 32 bit, mono-threaded | 64 bit, multi-threaded | |
Pending Order Types | 4 | 6 | |
Ability to create your own technical indicators and Expert Advisors using MQL5 language | |||
Expert Advisors on desktop terminal | |||
Order Execution | Market Execution | Market Execution | Market Execution |
Hedging | |||
Strategy Tester | Single thread | Multi threaded | Multi threaded |
FAQs
On MT4, MT5 and HFM platforms, you can access a diverse range of trading instruments, including CFDs on Forex, Metals, Energies, Commodities, Bonds, Indices, and Shares. Please note that ETFs and DMA (Direct Market Access) are exclusively available on the MT5 and HFM platforms.
No, you cannot trade on your MetaTrader 4 account using a MetaTrader 5 platform. The MT5 platform is compatible only with MT5 accounts, while the MT4 platform is designed for MT4 accounts. To trade on MT5, you'll need to open an MT5 account separately. You can open an MT5 account here.
No, you cannot use MetaTrader 5 app credentials to log into MetaTrader 4. Each platform requires its own set of credentials for logging in.
Yes, you can trade on both MT4 and MT5 simultaneously. Simply ensure you have accounts set up for both platforms and have completed any necessary downloads and installations.