The trading platforms developed by MetaQuotes Software Corp. have long gained popularity among traders from all over the world. The most famous products are MetaTrader 4 and MetaTrader 5. Many people mistakenly believe that MetaTrader 5 is an updated version of the previous platform, but there is a significant difference in the terminals: MT4 is intended for trading on the foreign exchange market, MT5 is a universal product that works both with currencies and with the stock exchange. Let's talk about what is the difference between MetaTrader 4 and 5.