MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are widely used trading platforms that offer different account configurations based on trading needs. In these platforms, accounts are categorized into groups that define trading conditions, permissions, and execution policies. Understanding MT4 and MT5 groups is essential for traders and support teams handling customer inquiries.
Types of MT4 Groups
MT4 groups determine the settings for trading accounts, including leverage, spreads, commission structures, and execution types. Please find the list of the MT4 Accounts in Table 1.1.23.1a.
| MT4 Groups | |
|---|---|
| Account Name (in Trader Room/FX) |
Account Group Name |
| LX-Standard | LMS_0000-RS |
| LMS-0000-RS | |
| LX-Advanced | LMS_0000-RA |
| LMS-0000-RA | |
| Prime Plus | LMS-0008-RE2 |
| Pro Plus | LMS-0004-RP2 |
| Standard Swap Free | LMS_0000-RSNS |
| LX-Prime | LMS-0008-RE |
| LX-Pro Plus | LMS-0006-RE |
| LX-Ecn Pro | LMS-0004-RP |
Table 1.1.23.1a
Types of MT5 Groups
MT5 offers more flexibility and additional trading instruments compared to MT4. Please find the list of the MT5 Accounts in Table 1.1.23.2a.
| MT5 Groups | |
|---|---|
| Account Name (in Trader Room/FX) |
Account Group Name |
| LX-STANDARD | LMS-0000-RS-MT5 |
| LX-PRIME | LMS-0008-RE-MT5 |
| LX-PRIME SWAP FREE | LMS-0208-RESF-MT5 |
| LX-ECN PRO | LMS-0004-RP-MT5 |
| LX-CENT | LMS-0000-RSM-MT5 |
| LMC-0000-RS-MT5 | |
| LX-CENT SWAP FREE | LMS-0000-RSSFM-MT5 |
| LMC-0000-RSSF-MT5 | |
| Standard Swap Free | LMS-0000-RSNS-MT5 |
| Premium | LMS-0000-RS-T2-MT5 |
| Premium Free Swap | LMS-0000-RSSF-T2-MT5 |
Table 1.1.23.2a
MT4 and MT5 groups are essential in defining trading conditions for different types of traders. While MT4 is preferred for its simplicity, MT5 offers more advanced features and flexibility.