MetaTrader 5 or WebTrader: Which Platform Suits You Best?
When you’re ready to start trading, one of the most important choices you’ll face is selecting the right trading platform. It’s not just about convenience — your platform shapes how you analyse markets, place trades, manage risks, and monitor performance.
At Nextwise Markets, we offer two powerful platforms built for modern traders:
MetaTrader 5 (MT5) .
Both have their strengths. But which one matches your style, experience, and trading goals? In this guide, we break down how MT5 and WebTrader work, their pros and cons, and how to choose what’s best for you.
What Is MetaTrader 5 (MT5)?
MetaTrader 5 is a professional-grade trading platform known worldwide for its speed, flexibility, and customisation. It’s the evolution of the legendary MT4 platform, offering advanced features and multi-asset support.
Built for desktop, mobile, and web, MT5 gives traders deep control over their strategies, from technical analysis to algorithmic trading.
With MT5 on Nextwise, you get:
- Access to real-time charts with dozens of indicators
- Fast execution with ECN support
- The ability to use trading robots (EAs)
- One-click trading, alerts, and strategy testers
- Multi-asset support: Forex, crypto, metals, indices, and more
MT5 is ideal for traders who want total control and customisation over their environment.
What Is WebTrader?
WebTrader is a browser-based trading platform that runs instantly — no downloads, no installations. If you want to access your trades from any device without configuring software, WebTrader gives you that freedom.
With Nextwise WebTrader, you get:
- A clean, user-friendly interface
- Quick access to major and minor forex pairs
- Compatibility with all devices (Mac, Windows, Linux)
- Essential tools for charting, order management, and account overview
- Real-time market updates
WebTrader is perfect for traders who prioritise accessibility and simplicity, or those who are just getting started.
Key Differences in Trading Experience
While both platforms let you place trades with Nextwise’s raw spreads and high-speed execution, they serve different types of traders.
MT5 gives you the full suite of professional tools. You can dive deep into chart patterns, apply dozens of technical indicators, use advanced order types, and automate your trades with EAs. If you’re an analytical or strategy-heavy trader, MT5 will feel like home.
WebTrader, on the other hand, focuses on speed and ease of use. It’s built for fast, distraction-free trading. There’s no need to install anything. Just log in, analyse the market, place your trade, and you’re good to go.
If you’re travelling, switching between computers, or trading casually during breaks, WebTrader offers unmatched flexibility.
What Type of Trader Are You?
To make the right platform choice, ask yourself a few simple questions:
Do you prefer detailed technical analysis, using custom indicators, and running strategies over long timeframes? If yes, MetaTrader 5 will give you more tools and flexibility.
Are you a beginner, a casual trader, or someone who values a clean and fast experience over deep analysis? Then WebTrader will suit your needs perfectly.
Are you planning to trade on mobile? Both MT5 and WebTrader are mobile-friendly, but MT5’s mobile app offers more powerful charting tools, better order types, and customisation
Can You Use Both?
Absolutely. Many traders at Nextwise use both platforms for different needs.
They may run automated trading strategies on MT5 while using WebTrader for quick manual trades during news events. Or they start learning on WebTrader and transition to MT5 as their strategy becomes more advanced.
Your login credentials work across platforms, and all trades sync in real time.
Why It Matters Where You Trade
No matter how skilled you are, your trading success depends heavily on your platform. Lag, poor execution, or limited tools can hold you back — even if your strategy is solid.
That’s why Nextwise focuses on:
- Ultra-fast execution on both MT5 and WebTrader
- Access to real ECN pricing with raw spreads from 0.0 pips
- Reliable infrastructure with near-zero downtime
- 24/7 multilingual support to help you with platform issues anytime
Your platform should be your competitive edge, not a source of frustration. That’s the experience we deliver.
How Nextwise Supports Your Trading Journey
We understand that every trader is different. That’s why both MT5 and WebTrader are available for all account types — whether you’re starting with a Standard account or trading via our ECN model.
You get full access to:
- Live trading accounts
- Demo environments for practice
- Real-time analytics
- Secure deposits and withdrawals
- Support for EAs, scalping, and hedging
We don’t force you into one system. Instead, we empower you to choose what’s best for your goals.
So, Which Platform Should You Use?
There’s no one-size-fits-all answer. But here’s a simple rule of thumb:
If you’re looking for depth, analysis, and automation, start with MetaTrader 5.
If you want speed, access, and ease, go with WebTrader.
Both platforms are backed by Nextwise’s trading infrastructure, liquidity, and commitment to transparent pricing. You can switch between them anytime — or even use both side by side.
Risk Disclaimer: Trading forex and CFDs carries a high level of risk and may result in the loss of your capital. Ensure you understand the risks before trading and seek advice if necessary.