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MT4 or MT5
Miembro desde Jan 11, 2019
posts 147
Miembro desde Nov 19, 2020
posts 1
Nov 19, 2020 at 19:52
(editado Nov 19, 2020 at 19:54)
Miembro desde Nov 19, 2020
posts 1
MT4 was specifically built for forex traders
MT5 was designed to provide traders with access to CFDs, stocks and futures.
Image source: https://forexnew.org/
MT5 was designed to provide traders with access to CFDs, stocks and futures.
Image source: https://forexnew.org/
Miembro desde Nov 07, 2020
posts 22
Nov 25, 2020 at 11:41
Miembro desde Nov 07, 2020
posts 22
I started trading with MT5 on fxview but later switched to MT4 with the same broker because most of the EAs that I was purchasing were compatible with MT4. Next account that I opened with IC Markets, I opted for MT4 in the first place :) Honestly I didn’t see any difference as such in the 2, but maybe I need to be on level 3 or 4 to be able to spot any minor intricacies.
Miembro desde Jul 20, 2020
posts 341
Miembro desde Feb 22, 2011
posts 4862
Nov 25, 2020 at 12:37
Miembro desde Feb 22, 2011
posts 4862
MT4 is easy to use
It is free
And there is ton of programs and indicators and lot of them free
It is very bad with backtesting though.
So except proper backtesting there is no need for MT5
It is free
And there is ton of programs and indicators and lot of them free
It is very bad with backtesting though.
So except proper backtesting there is no need for MT5
Nov 08, 2021 at 10:15
Miembro desde Feb 20, 2021
posts 78
Both the platforms are good but I am more comfortable using MT4 as their app is also very convenient to use. I place my orders most of the time from my smartphone. It is very easy to manage my two different accounts on Turnkeyforex and LMFX at one place.
Nov 15, 2021 at 22:44
Miembro desde Apr 03, 2021
posts 470
I am also using the MT4 trading platform and use the STP account, still comfortable in use, although now broker offer to use MT5, I am not yet intention to use MT5, but maybe when I already use ECN account will trying to use MT5 trading platform.
Miembro desde Aug 16, 2021
posts 9
Miembro desde Aug 05, 2021
posts 401
Miembro desde May 31, 2021
posts 48
Miembro desde Jul 23, 2020
posts 759
Miembro desde Jul 23, 2020
posts 869
Miembro desde Nov 23, 2021
posts 24
Dec 30, 2021 at 08:13
Miembro desde Mar 28, 2021
posts 617
Davidfx89 posted:I guess you are trading with mt5; nice to see! Yes, mt5 is the updated version but till now, a number of traders are make dealing with the mt4
i think both are good you just have to choose one according to your trading terms and conditions. right now i am with mt5
Miembro desde Jul 20, 2020
posts 399
Miembro desde Aug 17, 2022
posts 80
Sep 13, 2022 at 10:31
Miembro desde Aug 17, 2022
posts 80
CraigMcG2020 posted:My experience with mt4 is that it is more accessible and easy to use, with much more comfortable tools than Mt5. Although I am thinking of trying my hands on it too.
I always use MT4 it is simple and does everything i need no point fixing something that it's broken
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