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MT4 or MT5

Ezereombre
Oct 26 2020 at 07:07
27 posts
Being a Forex trader, I only use MT4. It’s really good in terms of its simplicity and flexibility.

UweMoench
Oct 27 2020 at 13:31
462 posts
I find MT4 very user more friendly. May be it is because I am accustomed to using MT4. But there are many who like MT5 as well. It's all about what you are comfort at.

togr (togr)
Oct 27 2020 at 13:48
4862 posts
MT4
 - easy to learn programming
 - a lot of programs and code developed already
 - huge base of brokers to select from
- sucks at backtesting

MT5
 - not easy to learn programming, old MT4 code does not work in mt5
 - not so much programs and code developed already
 - not so many brokers to select from
- excel at backtesting

Visser01
Oct 28 2020 at 05:48
15 posts
perryjohn765 (perryjohn765)
Oct 28 2020 at 07:48
211 posts
I prefer trading MT4 over MT5, as I am more comfortable and find it user friendly.

togr (togr)
Oct 28 2020 at 10:41
4862 posts
Visser01 posted:
Good comparison @togr

THX

Lorencecolling
Nov 05 2020 at 10:53
49 posts
I agree that MT4 is the best trading platform to trade forex. Whichever forex broker I use, it is only MT4 that I download.

AmDiab
Nov 05 2020 at 11:43
718 posts
from my first day of trading i have been using MT4 which is mainly considered as a best platforms for all kinds of traders above all who are beginners.

Martingupttil
Nov 06 2020 at 11:30
38 posts
I have only used MT4 so far. I never felt the need of changing the platform. It’s so easy to customize it and execute trades.

Josuvaphilip
Nov 19 2020 at 05:46
27 posts
I think MT4 is more useful for Forex traders in comparison to MT5. It is easy to customize and the only difference I see between the two is the number of instruments.

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