Mt5 vs Mt4

Nov 19, 2024 at 10:08
282 Views
25 Replies
Member Since Dec 08, 2024   1 posts
Dec 08, 2024 at 07:53
Despite starting with Mt4, I prefer Mt5 as it offers more easy profits than Mt4.
Member Since Oct 28, 2024   63 posts
Dec 09, 2024 at 05:42
bardachok posted:
TradeWizards posted:
HarrisonStrategy posted:
@TradeWizards I make more than triple using Mt5 compared to what I use to make on mt4

Do you get different results with the same strategy in MetaTrader 4 and 5?
This amount of difference is very surprising to me. Because the difference between the two platforms is only in the servers and users and the charts are not fundamentally different.
Of course I agree that MetaTrader 5 is better and more dynamic.

Frankly I didn't know that MT5 works faster I thought they are the same, since it depends on the broker and their liquidity providers.

The MT5 platform is much more powerful in terms of both computational cores and liquidity.
It offers a lot of analytical tools and data for strategy testing, which is great.
The speed of order execution is very high, which is great for scalpers and expert advisors.
It also usually has lower spreads.
Together, we can unlock endless opportunities and achieve your desired results.
Member Since Feb 12, 2016   127 posts
Dec 09, 2024 at 13:07
Which broker can you suggest? Do brokers like HFM, Tickmill, Exness and similar offer same MT5 platforms or some are better?
Member Since Nov 20, 2024   3 posts
Dec 10, 2024 at 04:09
bardachok posted:
Which broker can you suggest? Do brokers like HFM, Tickmill, Exness and similar offer same MT5 platforms or some are better?

Hello, nice to meet you and hope you can send me a private message. I am dooprime trading platform and can provide you with good service.
Member Since Oct 16, 2024   21 posts
Dec 10, 2024 at 08:34
Both MT4 and MT5 have their perks! MT4 is perfect for beginners with its simple interface and reliable features, while MT5 steps it up with advanced tools and faster execution.
Member Since Dec 02, 2024   75 posts
Dec 11, 2024 at 11:54
Both the platforms depend on the brokers and liquidity providers but I believe MT5 has some technical advantages. It offers more timeframes, advanced order types, and a better strategy for backtesting. This might make MT5 faster for some traders but that also depends on how they use the platform.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.