MT5 was released in 2010, 5 years after the release of the world’s famous MT4 trading platform.

Although some argued the former had more functions and features compared to its supposed predecessor. Others seem to believe the MT5 was not made to be a predecessor, but rather, to serve other purposes.

Some of the unique benefits and functions MT5 have over MT4 include:

• Simpler and easier to use with an improved interface.
• New and improved unit of time function, as well as measurement.
• Integrated economic calendar.
• A summary of automated orders that may be viewed immediately on an index's chart.
• Greater market history.
• Faster and more stable server connections.
• Faster and more accurate order execution.