According to Finance Magnates Intelligence, MT5 surpassed MT4 for the first time in Q1 2025, capturing 54.2% of combined MetaQuotes platform volume. By Q1 2026, MT5's share had expanded to 65%, marking a structural shift in the MetaTrader ecosystem.

The migration reflects MT5's technological advantages, broader instrument support, and MetaQuotes' development focus shift away from MT4. Concurrently, MetaQuotes raised licensing fees by 20-25% effective January 2025, with brokers operating both platforms now paying approximately $20,000 to $25,000 monthly. In March 2026, OANDA Japan suspended new MT4 sub-accounts and announced the end of MT4 services scheduled for November 27, 2026.

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