For traders entering the market, MetaTrader 5 is an excellent choice. The newer version of MetaTrader 4 is more advanced and more powerful. MetaTrader 5 has more timeframes, allows more pending orders and more technical indicators. You can completely access all your trading through the web and monitor all aspects of the market from anywhere in the world. MetaTrader 5 is a multi-market platform that complies with regulations of different markets and exchanges.