Guide — May 2026
JustMarkets MetaTrader 5 (MT5) Guide — Download, 21 Timeframes, DOM Panel and Features
JustMarkets MetaTrader 5 is free for all account holders and recommended for new traders in 2026. MT5 offers 21 timeframes, 38 built-in indicators, Depth of Market panel, and a built-in economic calendar — all unavailable on MT4. This guide covers downloading MT5, logging in, MT5-specific features, and when to use MT5 over MT4.
What Is JustMarkets MetaTrader 5 — Why It Is the Recommended Platform in 2026
MetaTrader 5 (MT5) is the successor to MT4, developed by MetaQuotes and released in 2010. It is a multi-asset platform designed for forex, CFDs, stocks, futures, and more — with more analytical tools, faster backtesting, and capabilities that MT4 lacks entirely. JustMarkets offers MT5 free to all account holders on all four account types.
In 2026, MT5 has reached a tipping point in adoption — for the first time, new MT5 user registrations are approaching MT4 levels. For traders starting fresh with no legacy MQL4 ecosystem, MT5 is the recommended choice. The only reason to choose MT4 over MT5 in 2026 is if you have existing MQL4 Expert Advisors that cannot be ported to MQL5.
MT5 Features That MT4 Does Not Have
21 timeframes — vs 9 on MT4
MT4 provides 9 timeframes: M1, M5, M15, M30, H1, H4, D1, W1, MN1. MT5 includes all 9 MT4 timeframes plus 12 additional: M2, M3, M4, M6, M10, M12, M20, H2, H3, H6, H8, H12. The additional intermediate timeframes are particularly useful for traders who find M15 too short but H1 too long — H2 or H3 fills the gap precisely.
Built-in economic calendar
MT5 includes a live economic calendar tab directly inside the platform. You can see upcoming economic events, their expected impact, and historical results without leaving MT5. MT4 has no built-in calendar — traders must switch to a separate browser tab for economic data. For news traders, this integration eliminates a critical workflow gap.
Depth of Market (DOM) — Level II pricing
MT5 includes a Depth of Market panel showing bid and ask quantities at each price level from liquidity providers. This Level II pricing view allows assessment of liquidity depth before entering large positions — useful for institutional-style trading and understanding real order flow.
Faster multi-currency EA backtesting
MT4's Strategy Tester tests one currency pair at a time using a single processing thread. MT5's Strategy Tester uses multiple threads and can test an EA across a portfolio of instruments simultaneously. A backtest that takes 4 hours on MT4 may complete in under 20 minutes on MT5 with equivalent hardware. For algorithmic traders who backtest frequently, this difference is significant.
38 built-in indicators — vs 30 on MT4
MT5 includes 8 additional built-in technical indicators beyond MT4's 30, and 44 graphical objects vs MT4's 31. The MQL5 marketplace (the MT5 equivalent of the MQL4 marketplace) has grown significantly and now includes thousands of custom indicators and EAs.
Stock CFD support
MT5 natively supports trading of individual stock CFDs — Apple, Amazon, Tesla, Microsoft, and hundreds of others. MT4 has limited native support for stock CFDs. JustMarkets offers stock CFDs on MT5 accounts.
How to Download JustMarkets MetaTrader 5 — All Platforms
| Platform | Download source | Notes |
|---|---|---|
| Windows PC | JustMarkets website → Platforms → MT5 | Pre-configured with JustMarkets servers |
| Mac | JustMarkets website → MT5 for Mac | Application installer |
| iOS | App Store → 'MetaTrader 5' by MetaQuotes | Official MetaQuotes app |
| Android | Google Play → 'MetaTrader 5' by MetaQuotes | Official MetaQuotes app |
| Web Trader | JustMarkets website → Web Trader → MT5 | Browser-based, no installation |
How to Log In to JustMarkets MetaTrader 5
On desktop: File menu at top left. On mobile: tap the account icon.
Note: MT4 and MT5 use separate account numbers. Use the account number from the MT5 account credentials email — not your MT4 number.
From the MT5 credentials email. Different from your Personal Area login password.
Search for 'JustMarkets' in the server dropdown. Select the MT5 server (not the MT4 server). The correct server name is shown in your Personal Area account details.
Your account balance, positions, and full instrument list appear after connecting.
Expert Advisors on JustMarkets MT5 — MQL5 Language
MT5 uses MQL5, an object-oriented programming language based on C++. MQL5 EAs are more powerful than MQL4 — multi-threaded execution, more data access, and faster processing. JustMarkets allows all MQL5 EA strategies on MT5.
MT5 vs MT4 — Key Differences Summary
| Feature | MT5 | MT4 |
|---|---|---|
| Timeframes | 21 | 9 |
| Indicators | 38 built-in | 30 built-in |
| DOM panel | Yes | No |
| Economic calendar | Yes (built-in) | No |
| EA language | MQL5 | MQL4 |
| Stock CFDs | Yes | Limited |
| Backtesting | Multi-threaded (fast) | Single-threaded (slower) |
| EA compatibility | MQL5 only | MQL4 only |
| Community | Growing rapidly | Largest existing library |
Frequently Asked Questions — JustMarkets MetaTrader 5
Frequently Asked Questions — JustMarkets MetaTrader 5 (MT5)
Open a JustMarkets Account — JustMarkets MetaTrader 5 (MT5) Free
$10 minimum · MT4 and MT5 both free · Try demo first