Both MT4 and MT5 white labels let a broker launch under its own brand on MetaTrader, but MT5 is the default choice for new brokers today. MetaQuotes has not issued new MT4 server licences for several years, so MT4 is available only through existing white label providers, while MT5 is actively developed and supports more asset classes, including exchange-traded stocks and futures, market depth, more timeframes and a stronger strategy tester. MT4 remains popular with some forex traders and expert advisors. Many brokers start on MT5 and add MT4 only if their clients specifically ask for it.
- MT5 is the standard choice for new white label brokers; MT4 is offered only through existing white labels.
- MT5 supports forex, CFDs, stocks, futures and exchange instruments with market depth; MT4 is built mainly for forex and CFDs.
- MT4 still has loyal forex traders and a large library of older expert advisors.
- Running both is possible with one CRM and liquidity bridge, at extra cost.
- Plugins, liquidity and CRM integrations are available for both, but check each vendor's support.
Looking for an MT4 or MT5 white label? Launch on MT5, MT4 or both, with one CRM and liquidity bridge.
When brokers search for a white label MT4 MT5 solution, the real question is usually: which one should we launch on, or should we offer both? The answer depends on availability, the instruments you want to offer and what your clients are used to.
MT4 and MT5 white label at a glance
| MT4 white label | MT5 white label | |
|---|---|---|
| Availability | Only through existing white label providers; no new MT4 server licences | Widely available and actively developed |
| Asset classes | Forex and CFDs | Forex, CFDs, stocks, futures, options and exchange instruments |
| Market depth | No native depth of market | Depth of market and exchange-style execution |
| Order and position model | Hedging | Hedging and netting |
| Timeframes | 9 | 21 |
| Strategy tester | Single-threaded | Multi-threaded, multi-currency, real tick data |
| Economic calendar | No built-in calendar | Built in |
| Client familiarity | Long-time forex traders and older EAs | Growing majority of new traders |
When an MT5 white label is the right choice
- You are a new broker and want a platform that will be supported for the long term.
- You want to offer stocks, indices, futures or exchange data alongside forex.
- You serve algorithmic traders who need the better strategy tester.
- You want gateway connectivity and modern features (see MT5 gateway vs liquidity bridge).
When MT4 still makes sense
- Your target clients or IBs insist on MT4 and its existing expert advisors.
- You are an established MT4 broker not yet ready to migrate.
- Your product range is purely forex and CFDs.
Read more in MT4 white label solution.
Offering both MT4 and MT5
Some brokers run both platforms, so clients can choose. That works well when one CRM manages accounts on both servers and one liquidity bridge serves both. The trade-offs are higher monthly costs, two sets of symbols and groups to maintain, and plugins licensed for each platform.
Migrating from MT4 to MT5
- Set up MT5 groups and symbols that mirror your MT4 conditions.
- Offer clients new MT5 accounts with simple internal transfers.
- Help IBs and EA users move their strategies (MQL4 code needs converting to MQL5).
- Run both in parallel for a period, then close MT4 at a planned date.
Cost comparison
Pricing differs by provider. Compare the total cost of each option, including plugins and CRM integrations, as explained in MT5 white label cost. For a wider comparison including cTrader, see MT4 vs MT5 vs cTrader.
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