Our team of forex broker consultants are often approached by startups as well as newly formed FX brokerages looking to acquire either an MT4 or MT5 license. As part of our conversations with our clients, it’s natural that we are asked how much it will cost to buy a MetaTrader 4 (MT4) / MetaTrader 5 (MT5) license. We’ll cover the answer to this question in today’s column, outlining some important points to consider when buying either an MT4 or MT5 license.
Is MetaTrader 4 (MT4) Still Available for Purchase?
No, it is no longer possible to buy an MT4 license. In January of 2018, MetaQuotes officially announced that MetaTrader 4 would be permanently discontinued. For those wondering about the cost of an MT4 license, the simple answer is that MetaTrader 4 / MT4 licenses are no longer available for purchase.
It’s important to note that MT4 still exists, meaning that MetaQuotes still supports the technology but intends to slowly phase it out over time. This means that it is still possible to obtain an MT4 white label. MetaQuotes, however, will simply no longer provide any new license of their MT4 software.
How Much Does a MT5 (MetaTrader 5) License Cost?
The reason behind the decision to discontinue MT4 was to dedicate energy to the growth and expansion of MT5. MetaTrader 5 is a far more robust and versatile software than MT4. Furthermore, MT4 has been on the market for over a decade, making it a dinosaur from a software standpoint. Since it is no longer possible to buy an MT4 license, a reasonable question is to ask how much it costs to buy an MT5 license?
Unlike MT4, which had a single price for its license, MT5 offers different pricing models which are based on the number of active accounts. For example, a license allowing for a maximum of 25,000 active trading accounts will cost more than a license with fewer permissions.
Over the last few months, we’ve noticed that MetaQuotes has been tweaking their pricing figures. To avoid posting outdated information, we’d recommend contacting our team of experts to discuss the pricing for MetaTrader 5 licensing.
Forex Consulting – Expertise in Selecting an MT4 White Label or MT5 Server License
If you are looking to obtain an MT4 white label or acquire an MT5 license, don’t hesitate to get in touch with one of our consultants today. We are happy to discuss pricing with you in more detail, assist in weighing the pros and cons of owning an MT4 license vs a white label, or simply address any other questions you may have.
We look forward to hearing from you!