What instruments are exclusive to Headway MT5?

Headway's synthetic indices — including BOOM 100, BOOM 200, CRASH 100, CRASH 200, Volatility 10, Volatility 20, Volatility 80, FLAME Index, and STORM indices — are available exclusively on MT5. These instruments are not available on MT4. If you want to trade synthetic indices on Headway, you must use MT5.

Can I use both MT4 and MT5 at the same time on Headway Broker?

Yes. You can open separate trading accounts on MT4 and MT5 under the same Headway profile. This allows you to run different strategies on each platform simultaneously — for example, your main forex strategy on MT5 and a specific MT4 Expert Advisor on MT4.

Does MT5 have better execution speed than MT4 on Headway?

MT5 generally offers faster order execution than MT4 due to its more modern architecture. For scalpers and high-frequency traders, this difference can be meaningful. For swing traders and position traders who hold trades for hours to days, the speed difference between MT4 and MT5 is negligible.

Are Headway spreads different on MT4 vs MT5?

No. Headway's spreads and commissions are the same on both MT4 and MT5 for the same account type. The difference between platforms is in features and available instruments, not in trading costs.

Headway Broker MT4 vs MT5 — Which Platform Should You Use? (2026)

📊 MT4 vs MT5 · Full Comparison · May 2026

Headway Broker MT4 vs MT5 — Which Platform Should You Use?

Q: Should I use MT4 or MT5 on Headway Broker?

For most Headway traders, MT5 is the better choice. MT5 has more instrument types including synthetic indices (BOOM, CRASH, Volatility), more order types, faster execution, a built-in economic calendar, and more advanced charting tools. MT4 is still available for traders who prefer its simpler interface or have existing MT4 Expert Advisors they want to run.

A complete comparison of MetaTrader 4 and MetaTrader 5 on Headway Broker — instruments, speed, tools, and which one the majority of Headway traders actually use.

Open Account — Choose Your Platform

Last updated: May 2026

MT4 vs MT5 on Headway — Side-by-Side Comparison

MT4

MetaTrader 4 — Legacy

Legacy

Instruments~400

Synthetic indices✗ No

Order types4 pending

Timeframes9

Economic calendar✗ No

Hedging✓ Yes

MQL languageMQL4

Execution speedGood

MT5

MetaTrader 5 — Recommended

Recommended ⭐

Instruments500+

Synthetic indices✓ Yes (10 types)

Order types6 pending

Timeframes21

Economic calendar✓ Built-in

Hedging✓ Yes

MQL languageMQL5

Execution speedFaster

Critical difference: Headway's synthetic indices (BOOM 100, BOOM 200, CRASH 100, CRASH 200, VOL 10, VOL 20, VOL 80, FLAME, STORM) are exclusively on MT5. If you want to trade synthetics, you must use MT5. There is no workaround.

When to Choose MT4 vs MT5 on Headway

Choose MT4 if you...

Already have MT4 Expert Advisors (EAs) running
Prefer the older, simpler MT4 interface
Only trade standard forex pairs and metals
Have scripts coded in MQL4 specifically

Choose MT5 if you...

Want to trade synthetic indices (BOOM, CRASH, VOL)
Are new to MetaTrader — start on the better platform
Want more timeframes (21 vs 9) and order types
Want the built-in economic calendar for news trading
Want maximum instrument access (500+ vs ~400)

FAQ — Headway Broker MT4 vs MT5

Should I use MT4 or MT5 on Headway Broker?

MT5 is recommended for most Headway traders. It has more instruments (including synthetic indices), more order types, 21 timeframes vs 9, a built-in economic calendar, and faster execution. Only use MT4 if you have existing MT4 Expert Advisors or specifically prefer the older interface.

Are synthetic indices available on MT4 on Headway?

No. Headway's synthetic indices (BOOM 100, BOOM 200, CRASH 100, CRASH 200, VOL 10, VOL 20, VOL 80, FLAME, and STORM indices) are only available on MT5. They are not available on MT4. If trading synthetics is your goal, you must use MT5.

Can I use both MT4 and MT5 at the same time on Headway?

Yes. You can open separate trading accounts on MT4 and MT5 under the same Headway profile. Run them simultaneously in different windows. This is useful for running MT4-specific EAs while also trading synthetics or using MT5 features on a separate account.

Are spreads different on MT4 vs MT5 on Headway?

No. Headway's spreads and commissions are the same on both MT4 and MT5 for the same account type. The differences between the platforms are in features and available instruments, not in trading costs.

Headway Brokers Editorial Team

Platform Research · headwaybrokers.com

MT4 and MT5 feature comparison verified against MetaQuotes documentation and Headway's live platform as of May 2026. Trading involves significant risk.

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Headway Broker MT4 vs MT5 — Which Platform Should You Use?

Quick verdict: use MT5 on Headway Broker

MT4 vs MT5 on Headway — Side-by-Side Comparison

When to Choose MT4 vs MT5 on Headway

FAQ — Headway Broker MT4 vs MT5

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