Crypto, Technology

How to connect MT4 and MT5 to a crypto exchange?

Written by Admin · 1 min read >

With the recent rise in popularity of crypto exchanges, more and more people are interested to connect Metatrader 4 (MT4) or Metatrader 5 (MT5) platform to a crypto exchange.
Unfortunately, Metatrader doesn’t provide such a tool. For this reason more and more third-party tools and solutions are created.

In this article, we will have a look at available tools and their advantages and disadvantages.


This is a tool that allows you to connect MT5 to the following exchanges: Binance US, Binance Spot and Futures, Bitmex, Bybit and FTX.

Get a 5% fee discount plus the chance to win 50,000 Fibitium when you open an account at FTX USFTXBinance or Bybit


  • Support 5 exchanges.
  • Support multiple order types: Market, Limit and Stop loss.
  • It is implemented in mql5, so you don’t need any additional dll or executable. This makes it easy to install.
  • It provides an API so you can create your own bots in MT5 and trade also manually from MT5.
  • It comes with few already made bots.


  • It doesn’t support existing MT5 bots. You need to modify your EA in order to work with crypto exchanges. So you need coding skills or to pay a freelancer to make the changes.
  • Not suitable for scalpers. The rates ar not updated in real time, the rates are updated every second. If you use multiple crypto pairs you may need to increase the time not to get banned by exchange.
  • Don’t have any trial to test their software first.
  • For payment you need to install a Payment Bot wich complicates the configuration

You can find more information about this tool here:

Binance MT5

This is a tool that can be used to connect MT5 to Binance.

Get a 5% fee discount plus the chance to win 50,000 Fibitium when you open an account at Binance.


  • Can be downloaded from Metatrader5 market.
  • Easy installation.
  • Support all order types: Limit, Market, Stop-Limit and Stop-Market.


  • You can’t run your own EA’s. This tool can be used only for manual trading.
  • It works only with Binance.
  • It’s expensive. It costs 250 USD.

You can find more details here:


Jafx is a Forex broker that uses Bitfinex and other exchanges as liquidity providers and offers MT4 platform.

You can open an account here.


  • You don’t need to make any changes to your EA’s
  • No additional tools are required
  • Support all order types: Limit, Market, Stop-Limit and Stop-Market.
  • You can trade 24/7 and have access to symbols like: ETHBTC


  • Broker it’s not regulated
  • Broker reviews are not that good
  • They don’t provide all coins listed on Binance

You can find more details here.


There are few tools that allow you to connect MT4 or MT5 to exchanges like Binance, FTX, or Bybit but unfortunately, these tools have their limitations.

More tools and solutions are developed and Bybit one of the largest exchanges announced on their blog that they plan to support MT4.

Subscribe here, and we will keep you updated with the latest tools and exchanges that support MT4 or MT5.

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