Updated September 25, 2026 · 5 min read

MT4 vs MT5 WebTrader for Brokers in 2026

How the MT4 and MT5 web terminals compare for brokers in 2026, why new platform licences are MT5-only, and what that means for your web trading offer.

Key takeaways
  • MetaQuotes now licenses MetaTrader 5 only; new brokers build on MT5.
  • The MT5 web terminal was rebuilt to run on each broker’s access server.
  • A branded MT5 WebTrader is the natural web offer for new brokerages.

Licensing reality

MetaQuotes sells MetaTrader 5 licences only, and new MT5 white label licences have been restricted since 2022. Brokers launching today build on MT5, and existing MT4 brokers increasingly migrate.

The web terminals compared

  • MT5 web terminal: multi-asset, hedging and netting accounts, Market Depth, a wide set of indicators and objects, and a redesigned core running on each broker’s access server.
  • MT4 web terminal: forex- and CFD-focused and familiar to long-time traders, but tied to a platform that is no longer licensed to new brokers.

What it means for your web offer

If you are launching or migrating, focus your web trading experience on MT5 and present it on your own domain. See White-Label WebTrader.

Sources

See your brand on a live WebTrader

Send us your company name and domain. We will set up a personalised demo so you can see exactly how your terminal will look.