Vantage FX and their parent company Enfinium have been the first brokers in Australia to release MataTrader 5. The success of the launch has mainly been driven by clients seeking institutions who adopt and support the multi-asset class features. Vantage FX believes that clients will continue to move towards MT5 for greater functionality and speed of trade execution. Various applications are freely available to aid in the transition from MT4 to MT5. However this being said, MT4 will not be forgotten. On one hand the MetaTrader 5 terminal certainly demonstrates a revolution in the world of automated trading, by opening up so many new horizons for traders. But on the other hand, the advantage of the MetaTrader 4 terminal is the huge database of accumulated codes and articles, which can be found on various sites throughout the internet.