Xlence Enhances Trading Experience by Introducing MetaTrader 5 While Retaining MetaTrader 4 Features

Xlence Enhances Trading with MetaTrader 5



In an exciting development for traders across MENA and Asia, Xlence, a global broker specializing in Contracts for Difference (CFDs), announced the addition of MetaTrader 5 (MT5) to both its live and demo accounts as of April 2025. This new platform not only enhances users' trading experience but also allows them to choose between MT4 and MT5, catering to different trading preferences and strategies.

MetaTrader 4 vs. MetaTrader 5


MetaTrader 4 (MT4) has long been a staple for forex and CFD traders due to its reliability and user-friendly toolkit. However, with the advent of MT5, traders now have access to a more robust trading environment. The key differences between MT4 and MT5 can be outlined as follows:
  • - Market Accessibility: MT4 primarily focuses on forex and CFDs, while MT5 supports multi-assets including forex, stocks, futures, and options.
  • - Timeframes: MT4 offers 9 timeframes; MT5 expands this to 21, providing traders with more options for analysis.
  • - Indicators: While MT4 includes about 30 built-in indicators, MT5 features over 38, plus an economic calendar for enhanced trading decisions.
  • - Order Types: MT4 supports four order types whereas MT5 offers six, including additional stop-limit orders for more nuanced strategy execution.
  • - Strategy Testing: MT4 supports single-threaded strategy testing, while MT5 provides multi-threaded testing with real ticks, ensuring more accurate backtesting results.
  • - Programming Language: MT4 operates on MQL4, whereas MT5 utilizes MQL5, incorporating an object-oriented programming approach that significantly enhances the platform's ability to perform complex tasks.

Moreover, MT5's processing capabilities are faster due to its 64-bit architecture, allowing for smoother and more efficient operations.

Features of MetaTrader 5


Xlence’s implementation of MT5 comes packed with features aimed at modern traders:
  • - Cross-Platform Compatibility: MT5 operates efficiently across various environments, including native applications for Windows, macOS, iPhone/iPad, Android, and a lightweight web version.
  • - Multiple Symbol Monitoring: Users can track multiple symbols or strategies simultaneously with up to 100 charts available at once.
  • - Integrated Development Environment: The environment also offers a multithreaded strategy tester and real-time data for effective algorithmic trading.
  • - Custom Alerts: Traders can set personalized alerts and receive push notifications, ensuring they never miss crucial market movements.

With both MT4 and MT5 now available, Xlence empowers traders to select the platform that best aligns with their trading style. Whether opting for the trusted simplicity of MT4 or the advanced features of MT5, traders can tailor their strategies to maximize opportunities.

Xlence's Commitment to Traders


As an international broker based in Dubai, Xlence focuses on delivering seamless trading experiences backed by cutting-edge technology. The blend of professional support and advanced platforms equips traders to thrive in dynamic markets worldwide.

In trading, risks are inherent, and it is essential for traders to understand their risk appetite before engaging in market activities. With Xlence's support and the advanced capabilities of both MetaTrader platforms, traders are better positioned to make informed decisions and optimize their trading experience.

To learn more about the differences between MT4 and MT5, or to try a risk-free demo, visit the official Xlence website.

Topics Financial Services & Investing)

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