Can I use ctrader and MT5 at same time and if I use mostly iPhone, android and iPad which of two is better choice ?
9/27/2025 11:55pm
**Quick verdict**
Yes — Pepperstone will let you open **two parallel sub-accounts** (one cTrader, one MT5) under the same client login, fund them from a single wallet, and run them side-by-side. For a mostly-mobile lifestyle, cTrader tends to feel snappier and more feature-rich on iOS / Android / iPadOS, but MT5 remains useful if you need its huge EA marketplace or already own MQL5 code. Many active traders simply keep:
• the **cTrader** account for day-to-day execution/monitoring on the phone, and
• the **MT5** account parked on a VPS to host legacy EAs or back-testing jobs.
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### 1 How the dual-platform setup works
| Question | Answer |
|----------|--------|
| One login? | Your Pepperstone client area can create separate **cTrader** and **MT5** sub-accounts (multi-currency if you wish). |
| Position sharing? | No. Each platform sees only its own account. If you want the same trade on both you must place it twice (or copy-trade between accounts). |
| Funding | Internal transfers take seconds; you can shuttle margin from the Wallet to either sub-account 24/7. |
| VPS / automation | • MT5 EAs need MetaTrader-compatible VPS. • cTrader cBots need cTrader Automate; both can run on the same machine if you wish. |
| Cost | Spread/commission schedule is identical on Razor; no extra fee for running both. |
---
### 2 Mobile experience head-to-head 📱
| Feature | **cTrader Mobile** (iOS / Android) | **MT5 Mobile** (iOS / Android) |
|---------|------------------------------------|--------------------------------|
| Interface | Modern, gesture-driven, light/dark | Functional but dated |
| Depth of Market | Full L2 DOM + VWAP histogram | Level 1 only |
| Order types | 5 (market, limit, stop, SL, TP) + “Close partial” | 4 (market, limit, stop, SL/TP) – no partial close |
| Chart tools | 60+ indicators, detachable panels, tick-chart mode | 30 indicators, fixed panels |
| Cloud sync | Watchlists, templates & price alerts sync across devices | Watchlists sync; chart templates local only |
| Native copy-trading | cTrader Copy tab built-in | None (Copy signals only on desktop) |
| iOS App-Store history | Never delisted | Temporarily removed in 2022; reinstated but raises anxiety |
| Push alerts | Yes (price, indicator, execution) | Yes (price, execution) |
| QuickTrade buttons | One-tap Close/Hedge/Reverse | One-tap Close |
**Take-away:** For phone/tablet-first trading, cTrader’s UI, depth-of-market view and cloud sync make routine tasks smoother. MT5 works, but you’ll likely feel the UX gap.
---
### 3 Where MT5 still wins
1. **EA ecosystem** – Tens of thousands of paid/free algorithms in the MQL5 marketplace.
2. **Strategy Tester** – Built-in multi-threaded back-test (cTrader’s is solid, but MT5 lets you lease cloud agents).
3. **Broker universality** – If you later add brokers that don’t offer cTrader, your MT5 code ports instantly.
---
### 4 Suggested workflow for a mobile-centric algo trader 🛠️
1. **Create both sub-accounts** in Pepperstone’s dashboard.
2. **Deploy the gold cBot** (the template we drafted earlier) on a LD4 VPS running cTrader Desktop; let it trade 24/5.
3. **Install cTrader Mobile** on iPhone, Android phone, and iPad—use it to:
• monitor equity, open positions, depth-of-market
• issue emergency Close / Reverse orders in < 2 taps
4. **Keep MT5 Desktop + VPS** alive for occasional EA experiments or to tap the MQL5 marketplace. Use MT5 Mobile mainly as a *monitor*, not as your primary execution tool.
5. **Internal transfers** let you move profits or test capital between the two platforms without a withdrawal delay.
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### 5 Little extras you gain on cTrader mobile
• **Smart-Stop-Out** visual slider (see exactly where margin call hits)
• **Cloud price alerts** that ring simultaneously on every device
• **Link to TradingView** charts if you want a bigger screen on iPad
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### 6 Decision cheat-sheet ✔️
| If you care most about… | Choose… |
|-------------------------|---------|
| Best mobile charting & order ticket | **cTrader** |
| Largest ready-made EA library | **MT5** |
| Running your own C# cBot off a VPS and checking stats on the phone | **cTrader** |
| Sticking with a familiar MQL5 code base | **MT5** |
| Having both (minimal extra cost) | **Open both sub-accounts** |
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### What’s next? 🤔
When your Pepperstone accounts are live, would you like:
A) a step-by-step **mobile app tour** (setting up watchlists, alerts, partial-close on cTrader), or
B) a quick **VPS + dual-platform checklist** to get both MT5 EAs and cTrader cBots running in parallel?
Let me know which would make your launch smoother and I’ll queue it up! 🚀📈