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Professional4X

Member Since Jan 05, 2016  968 posts Professional4X Nov 13 2018 at 07:58
millerwe posted:
i use MT4. never faced any problem and works fine with me.


MT4 is still available through brokers that currently still offer it.

However, it is no longer available as a public download from Metaquotes.

MT4 is being phased out and the main focus for development and distribution is MT5.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
togr

Member Since Feb 22, 2011  4443 posts vontogr (togr) Nov 13 2018 at 11:57
Professional4X posted:
millerwe posted:
i use MT4. never faced any problem and works fine with me.


MT4 is still available through brokers that currently still offer it.

However, it is no longer available as a public download from Metaquotes.

MT4 is being phased out and the main focus for development and distribution is MT5.

I would say majority of brokers still offers mt4 as main platform.

I like what I trade, I trade what I like
Gasley

Member Since Nov 13, 2018  10 posts Gasley Nov 13 2018 at 12:13
I just can't see mt4 being phased out. The uptake of mt5 is so small. All the robots and indiators are based on mt4. So few traders have made the transition to mt5 from mt4

Professional4X

Member Since Jan 05, 2016  968 posts Professional4X Nov 18 2018 at 07:47
Gasley posted:
I just can't see mt4 being phased out. The uptake of mt5 is so small. All the robots and indiators are based on mt4. So few traders have made the transition to mt5 from mt4


It doesn't matter if you can see it or not. MT4 IS being discontinued.

Metaquotes has said on numerous occasions that they are discontinuing MT4.

you said -->'All the robots and indiators are based on mt4'

There are thousands of available robots and indicators available for MT5 as well.
MT4 uses MQL4 for the programming language.
MT5 uses MQL5 for the programming language.

MQL5 also supports the use of some (Not all) MQL4 code.

Metaquotes only provides service and security updates to brokers with current MT4 server licenses and support agreements.

They are not issuing any additional future licenses. There is no new work being done on MT4 by Metaquotes.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
crabby12

Member Since Oct 11, 2018  9 posts frank (crabby12) Dec 03 2018 at 12:28
Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.


MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.

Mohammadi

Member Since Aug 11, 2017  550 posts Mohammadi Feb 07 at 07:47
But choosing a broker is very difficult task nowadays; because there are almost thousands online broker in retail market place and most of them are found to be scams. We can choose the broker which for all time makes sure security of funds at any kinds of investments with a wide range of trading technologies. Actually the credible trading broker does not restrict any kinds of trading techniques at all with scalping and hedging.

togr

Member Since Feb 22, 2011  4443 posts vontogr (togr) Feb 07 at 12:06
crabby12 posted:
Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.


MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.


Well MT4 is no way the best.
It is however simple and free (for the trader)
There are much better platforms, some of those also free

I like what I trade, I trade what I like
tracydavison

Member Since Feb 11, 2019  34 posts tracydavison Mar 10 at 06:50
togr posted:
crabby12 posted:
Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.


MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.


Well MT4 is no way the best.
It is however simple and free (for the trader)
There are much better platforms, some of those also free




which one would you recommend for a newbie? MT4 or something else? thanks

Treeny

Member Since Feb 08, 2019  80 posts Treeny Mar 11 at 07:20
MT4 would be best for a newbie IMO

rorofx

Member Since Mar 06, 2019  7 posts rorofx Mar 11 at 07:37
i vote for MT4 as well, its user friendly. i've using it since day one.

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