CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of Pepperstone Limited’s retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Risk Warning.

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Trading Platforms

Compare Platforms

Compare our most popular trading platforms MetaTrader 4 and cTrader side by side and see which platform is right for you.

 cTraderMetaTrader4MetaTrader5
DeveloperSpotware SystemsMetaQuotes SoftwareMetaQuotes Software
Release Date201120052010
Latest Release Date4 February 201717 December 201629 January 2018
AccessibilityWindowsWindows, MACWindows, MAC
Browser VersioncTrader WebWebTrader 
CostFreeFreeFree
Smart Phone/ Tablet Version
ll trading instruments availableXNGUSD not available
Expert Advisors (EA)/Automated Trading support
Strategy back testing
Customisable Charting and Indicators
Adjustable session times
Depth of Market Functionality
Most common platform/largest number of resources
Advanced take profit/stop loss levels
Custom backgrounds
Access to historical data through platform
Detachable charts for multiple monitors
Social/Copy Trading Functionality
Cloud hosted profiles, templates and passwords

Ultimately, the three platforms may not be easily set apart. We believe that users focused on EAs may be drawn to MT4 and MT5 due to its wider availability, more online resources and larger online community. Other traders may be drawn to cTrader by the greater ability to make modifications to the interface and more advanced order options.

We believe a large determinant in deciding the right platform for you is to consider your personal needs and what you think is most important. Typically, most people go with the platform they are most comfortable with and is the most pleasing to look at.