To use chat, please login.
Back to contacts

MetaQuotes stops developing MT4

Jay (lee42747)
Dec 22 2016 at 13:08
49 posts
Both platforms have their fans so it is fair to keep them both updated even if MetaQuotes will plan to improve just MT5.

Mitchel (mitchel14)
Dec 22 2016 at 13:15
58 posts
@lee42747 Yes of course, what is said in forums and portals is that they still prefer MT4 than MT5

Mitchel (mitchel14)
Dec 22 2016 at 13:17
58 posts
martinkolbe posted:
stian posted:
MT4 could use some performance improvements to the already established features.


I agree, the focus is trading, not socialising or doing anything else there! Spot on!



Both should continue to present improvements to their characteristics. After all, some use MT4 and other MT5 and each one goes well with the platform that has chosen,

jannel
Dec 22 2016 at 14:59
28 posts
In my particular opinion I prefer MT4 😉

mlawson71
Dec 23 2016 at 11:44
1487 posts
Unfortunately for all of us who like MT4 it looks like Metaquotes are succeeding in their efforts to promote the use of MT5. The company reported on Wednesday that the number of forex brokers using its MetaTrader 5 (MT5) trading platform keeps growing. (https://www.forexbrokerz.com/news/More-than-100-forex-brokers-worldwide-already-use-MT5). I suppose it's popularity will only spread from now on.

Richard Bills (RichardBills)
Dec 25 2016 at 08:32
74 posts
mlawson71 posted:
Unfortunately for all of us who like MT4 it looks like Metaquotes are succeeding in their efforts to promote the use of MT5. The company reported on Wednesday that the number of forex brokers using its MetaTrader 5 (MT5) trading platform keeps growing. (https://www.forexbrokerz.com/news/More-than-100-forex-brokers-worldwide-already-use-MT5). I suppose it's popularity will only spread from now on.


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.

jamess2
Dec 25 2016 at 08:33
29 posts
@mlawson71 No doubt it will extend. I can only hope that MT4 continue working very well as he has done so far.

jamess2
Dec 25 2016 at 08:33
29 posts
@lee42747 Yes, I think that it is a matter of preferences.

Raj (RPatell)
Dec 27 2016 at 09:54
64 posts
lee42747 posted:
Both platforms have their fans so it is fair to keep them both updated even if MetaQuotes will plan to improve just MT5.


Well said, I also agree with you. Let's keep the ball rolling on both platforms!

Knowledge is king!
Nina (NEEnah)
Dec 27 2016 at 12:08
71 posts
mitchel14 posted:
kebayamwamba posted:
NEEnah posted:
mitchel14 posted:
MT4 is excellent for trading. MT5 is excellent for information, but it limits the trading a bit.


How does it limit the trading? Do mean you cannot trade some instruments or maybe not that many indicators are there?


MT5 is very slow compared to MT4 in terms of placing and processing of orders esp market orders



Exactly!


I see, thanks for clarifications guys! You got me interested to see how slow it is compared to MT4 😄

Please login to comment .