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MetaTrader4 (MT4) vs MetaTrader5 (MT5) for beginners
Membre depuis Apr 14, 2022
posts 47
Membre depuis Apr 14, 2022
posts 40
Apr 29, 2022 at 11:28
Membre depuis Apr 14, 2022
posts 40
MT4 is the greatest option for a newcomer because it is simple to understand and trade on. MT5 on the other hand, would be a little more technical for newcomers. However, with enough time and practice, switching to MT 5 will be a breeze.
Membre depuis Apr 14, 2022
posts 32
May 03, 2022 at 07:57
Membre depuis Apr 14, 2022
posts 32
So the general difference between the two is that MT4 was created to trade Forex, while MT5 was created to make trading non-Forex CFDs easier. They are programmed in distinct languages, and MT5 enables faster backtesting than MT4. Unlike MT4, MT5 has a DOM (depth of market) feature and is theoretically supported by MetaQuotes.
Jun 18, 2022 at 10:03
Membre depuis May 07, 2022
posts 42
I used MT4 when I initially started trading and subsequently switched to MT5. You are free to select any of them. Despite the fact that MT5 is more advanced and comes with better features, MT4 is still the most popular trading platform for Forex and CFDs.
Membre depuis May 29, 2022
posts 34
Jun 20, 2022 at 00:40
Membre depuis May 29, 2022
posts 34
Both MT4 and MT5 feature a simple interface, with a few exceptions: MT4 is a lot simpler and easy to use. It enables traders to tailor the platform's interface to their own trading demands and objectives. MT5 is more complicated since it includes more trading capabilities and marketplaces.
Membre depuis May 30, 2022
posts 9
Membre depuis Apr 27, 2022
posts 17
Jul 19, 2022 at 12:14
(édité Jul 19, 2022 at 12:18)
Membre depuis Apr 27, 2022
posts 17
MauMar posted:
Is the MetaTrader4 (MT4) or the MetaTrader5 (MT5) the better trading platform for a new trader? I am looking for the most user-friendly trading platform that a beginner will find easy to use.
I have used both MT4 and MT5. Even though MT5 has some upgrades I can say that MT4 is far better. Mailbox usage is more easy. Market signals can be shown more fastly. Lastly, I have more experience on trading MT4 background, so it is more easy for me to trade on it.
Membre depuis Apr 09, 2019
posts 516
Membre depuis Jul 26, 2022
posts 45
Membre depuis Mar 31, 2021
posts 222
Jul 26, 2022 at 13:10
Membre depuis Mar 31, 2021
posts 222
I think MT5 is more convinient for the beginners because of the more simple interface. But I prefer MT4. Yes, it is more difficult for understanding but more convinient for me. I am old school guy.
Think thrice before opening an order
Jul 30, 2022 at 10:16
Membre depuis Oct 20, 2018
posts 283
FXOday posted:
MT5 now already many brokers offer a trading platform, but MT4 is still the most popular and used by many traders.
I am still like to use MT4 as long as this still can be used.
Absolutely. And MT4 is not less good than MT5.
momchil_slavov@
Membre depuis Aug 19, 2021
posts 203
Aug 05, 2022 at 12:26
Membre depuis May 31, 2021
posts 44
The MT4 is best suited for beginner traders who prefer exposure in the forex market because it focuses more on currency trading, but if you are a beginner who prefers trading on other markets, the MT5 is best suited because it supports all other markets.

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