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Invest Responsibly: Trading CFDs involves significant risks.

Forex platforms comparison Why is Meta Trader 5 Better than MT4 and Ctrader ?

One of the advantages of trading with Axes, is the variety of platforms and account types that we offer. Not only do we provide a range of top-grade trading platform, like Metatrader 5, but we also offer different trading conditions, allowing for a more personalised experience, tailored to your specific preferences.

With more than 260 CFD assets in 6 different classes, quality execution, advanced online trading tools, and trading systems, we have got something that will meet everyone’s demands!

Please look at our comparison table below to see key differences between each type of account that we offer. Alternatively you can contact out customer service team who are available 24/5 to discuss any of our products, your trading needs and expectations.

General MT4
Axes MT5
General cTrader
Free Demo
Micro Accounts
Fixed Spread Available
VIP Services
Initial Deposit (Recommended)
$500
$500
$500
Variable Spreads (EURUSD)
Instant Execution: 1.71 Market Execution: Avg. 1.58
Market Execution: Avg. 0.37
Market Execution: Avg. 1.51
Trading Costs
Forex & Metals: Spread mark-up
Futures: No commission
Indices: No commission
Cryptocurrencies: No commission
Forex & Metals: Spread mark-up
Futures: No commission
Shares: No commission
Indices: No commission
Cryptocurrencies: No commission
Forex & Metals: Spread mark-up
Futures: No commission
Indices: No commission
Cryptocurrencies: No commission
Swap/Overnight Charge
Swaps/rollovers are charged when a trade is kept open overnight, for further details click here
Swaps/rollovers are charged when a trade is kept open overnight, for further details click here
Swaps/rollovers are charged when a trade is kept open overnight, for further details click here
Order Execution
Instant Execution: receive the price you see on the screen or receive a requote

Market Execution: tiered liquidity, orders executed at the volume-weighted average price (VWAP)
Market Execution: tiered liquidity, orders executed at the volume-weighted average price (VWAP)
Market Execution: tiered liquidity, orders executed at the volume-weighted average price (VWAP)
Stop out
Axes: 50%
Axes: 50%
Axes: 50%
Dealing
No Dealing Desk Intervention*
Instant: No Dealing Desk Intervention*

Market: No Dealing Desk Intervention*
No Dealing Desk Intervention*
Algorithmic Trading

EAs supported

EAs supported
Mobile App
Web App
Instruments Available
Forex, Spot Indices, Spot Energies, Spot Metals, Futures and Shares
Forex, Spot Indices, Spot Energies, Spot Metals and Futures, Crypto Currency
Forex, Spot Indices, Spot Energies and Spot Metals
Stop/Limit Levels
Minimum 1 pip away from current/entry price (major pairs except EURCHF, GBPCHF, EURJPY, GBPJPY).
Minimum 1 pip away from current/entry price (major pairs except EURCHF, GBPCHF, EURJPY, GBPJPY).
No minimum
Requotes
Instant: May occur during times of high volatility

Market: No requotes
No requotes
Instant: May occur during times of high volatility

Market: No requotes
Partial Fills
Instant: Inadequate liquidity may lead to requotes for instant orders or slippage for pending orders

Markets: Inadequate liquidity may lead to partial fills, with the remaining order filled at the next best price according to the given market depth
Inadequate liquidity may lead to partial fills, with the remaining order filled at the next best price according to the given market depth
Inadequate liquidity may lead to partial fills, with the remaining order filled at the next best price according to the given market depth
Trading Times
24/5 Minors and Exotics trading halted between 10:00:00 PM - 10:01:00 PM UK Time
24/5 Minors and Exotics trading halted between 10:00:00 PM - 10:01:00 PM UK Time
24/5 Trading halted between 10:00:00 PM – 10:04:59 PM (UK Time)
Registration Link Register Register Register

*Subject to the Order Execution Policy

Average execution time
< 11.06 ms

Up to 7,000 orders
executed per second

Ultra-low latency
datacentre co-location

Choose Your Platform

We provide our clients with a wide range of desktop, web and mobile trading platforms within MetaTrader 5.

devices

When deciding on an account type, there are 3 main things you need to consider: the product(s) you wish to trade and trading conditions, execution type, and finally, the capabilities and features of the platform itself.

The key difference between MetaTrader4 and MetaTrader5 lies in the range of the CFD products that is available on each one. The MT5 platform gives you a chance to open positions on all of the 6 asset classes, whereas the MT4 doesn’t support Shares, and cTrader doesn’t support Shares and Futures.

Note that MetaTrader5 is a ‘netting’ platform by default. That means that trades are aggregated, and hedging is not possible, although we can provide a ‘hedging’ version of the platform on request.

In terms of cost, we charge a spread on all of our products, with FX spreads on the cTrader platform generally being much lower, but with a fixed commission fee. You can review any differences in fees/trading conditions across each platform on the instrument specifications page. Rollover and dividend charges may also apply: https://axes.co/documents/legal-documents

Advanced trading technology & deep liquidity access allows us to provide quality Market Execution, and maintain excellent execution statistics which are publicly available on our website: https://www.axes.co/pricing/model

We also offer the classic Instant Execution account type in conjunction with Metatrader 4 platform, with a fixed spread option available.

In terms of user-friendly potential, the MetaTrader range, including MT5 and MT4, is the classic go-to solution, while the Meta Trader 5 (developed by Meta Quotes) provides a larger range of modern features. As well as supporting advanced trading using mechanical systems such as cBots and EAs, technical indicators and external analysis, each type of account offers a desktop, web and mobile app, to meet all your trading needs.

Please also note that you can open more than one account type and experience the full range of features and trading conditions that Axes offers.

  • GOLD 1803.91
  • EUR/USD 1.14206
  • GBP/USD 1.25997
  • US2000 1464.46
  • #APPLE 384.03
  • S&P500 3194.75

Invest Responsibly: Trading CFDs involves significant risks.

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