This means they are not putting any NEW features in to MT4 and will instead keep developing MT5 with a view to converting more users over to it instead. We will still continue to see the odd update to MT4 to FIX any widespread bugs but not many updates here.
Do all brokers even offer MT5 yet? By the sounds of the comments here, MT4 is more efficient and runs much better than MT5? I will also need to start running a MT5 demo again to get ready. luckily I am not developing any EA's or utilities.
There are many more MQL5 signals for MT4 than MT5 - they would all need to be converted. Hopefully it is a long way off before the brokers stop offering support for MT4.
There haven't been any meaningful new features to MT4 in like two years anyway. I'm glad they stop adding features, because who need things like the chat and such anyway, MT4 could use some performance improvements to the already established features.
stian posted: There haven't been any meaningful new features to MT4 in like two years anyway. I'm glad they stop adding features, because who need things like the chat and such anyway, MT4 could use some performance improvements to the already established features.
I agree with you about the growing popularity of MT5. In my opinion, these 2 platforms target different types of traders/brokers so they both have the reasons to exist and be supported. For brokers with not many instruments and focusing on FX, MT4 is a good fit to offer to traders I guess.
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