JustMarkets MT4 or MT5: Which Platform Is Best for South African Traders?
For South African traders looking to join JustMarkets, one of the most common questions is:
“Should I use MT4 or MT5?”
Both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available on JustMarkets, but they offer different tools, functionalities, and advantages. Let’s break it down for South African traders to help you decide.
🔍 What Is the Difference Between MT4 and MT5?
| Feature | MT4 | MT5 |
|---|---|---|
| Release Year | 2005 | 2010 |
| Asset Classes | Primarily Forex | Forex, stocks, indices, crypto, etc |
| Execution Types | 3 | 4 |
| Pending Orders | 4 types | 6 types |
| Timeframes | 9 | 21 |
| Economic Calendar | No | Yes |
| Strategy Tester | Single-threaded | Multi-threaded |
✅ Why South African Traders Choose MT4 on JustMarkets
-
User-friendly interface: Great for beginners
-
Low system requirements: Works well on older devices
-
Large community support: Lots of free indicators and EAs
-
Focus on Forex: Ideal if you’re mainly trading currency pairs like USD/ZAR or XAU/USD
💡 Why MT5 Might Be Better for Advanced Traders
-
More trading instruments: MT5 gives access to stocks, indices, and cryptocurrencies
-
Faster processing: Multi-threaded, meaning quicker execution
-
Advanced charting tools: Perfect for technical analysts
-
Economic calendar integration: Great for fundamental traders
🇿🇦 JustMarkets MT4/MT5 for South African Accounts
-
You can open ZAR-based accounts with both MT4 and MT5 to avoid conversion fees.
-
Both platforms support local deposit methods like Ozow, EFT, and Instant Bank Transfer.
-
Islamic accounts (swap-free) are available on both versions for Muslim traders in South Africa.
🎯 Which One Should You Choose?
| You Should Choose… | If You… |
|---|---|
| MT4 | Are new to trading, focus on Forex, or use custom EAs built for MT4 |
| MT5 | Want more advanced tools, trade multiple asset classes, or analyze deeper timeframes |
🔐 Is JustMarkets MT4/MT5 Safe for South African Traders?
Yes. JustMarkets is a regulated international broker with competitive spreads and strong reputation. Although not regulated by FSCA South Africa, it is widely used by South African traders due to fast withdrawals, responsive support, and localized payment options.
📥 How to Download JustMarkets MT4 or MT5 in South Africa
-
Visit the official JustMarkets website
-
Register a new account (select South Africa as your country)
-
Choose MT4 or MT5 platform
-
Download the app (available on Windows, Mac, Android, and iOS)
-
Log in using your account credentials and start trading
📌 Final Thoughts
Both MT4 and MT5 are solid platforms provided by JustMarkets for traders in South Africa.
If you’re just starting out, MT4 might be your best bet. But if you’re planning to trade a wider range of instruments or want more powerful tools, MT5 is the way to go.
👉 No matter which platform you choose, JustMarkets provides reliable access, low spreads, and support for local South African traders.