MetaQuotes: MetaTrader 5 Extends Its Lead Over MetaTrader 4

MetaQuotes, a leading developer of software applications for financial markets, announced yesterday that the MetaTrader 5 trading servers utilization by brokers is increased by a factor of 1.5, compared to the previous platform version ones. 

"According to our latest study, the percent utilization of the MetaTrader 4 servers has dropped to 36.7%. This is an expected dynamic change: back in June 2021, we reported that MetaTrader 5 had become more popular than MetaTrader 4 among brokerage companies, and the trend has been increasing since then," the company mentioned in the press release.

Renat Fatkhullin, CEO of MetaQuotes Ltd, has commented on the new statistics: "This is a logical and predictable result. MetaTrader 5 is a technologically advanced platform which offers the widest possible opportunities to users, and assists companies in solving business tasks of any complexity level. Furthermore, we expect a complete replacement of MetaTrader 4, amid the rapidly growing popularity of MetaTrader 5."

MetaQuotes​' specialists believe that the growth in popularity is mainly due to the new Pay as You Go model and to a number of important MetaTrader 5 updates, which have been released over the past year.

The most noticable updates include but are not limited to:

• The ability to administer cluster machines directly from the administrator terminal

• Expanded capabilities of the Automations service

• A new section for managing Integrations

• New web integration capabilities