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MetaTrader4 (MT4) vs MetaTrader5 (MT5) for beginners
Anggota Sejak Apr 14, 2022
41 pos
Anggota Sejak Apr 14, 2022
34 pos
Anggota Sejak Apr 14, 2022
32 pos
May 03, 2022 at 07:57
Anggota Sejak Apr 14, 2022
32 pos
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
Anggota Sejak May 07, 2022
40 pos
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.
Anggota Sejak May 29, 2022
39 pos
Jun 20, 2022 at 00:40
Anggota Sejak May 29, 2022
39 pos
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.
Anggota Sejak May 30, 2022
9 pos
Anggota Sejak Apr 27, 2022
17 pos
Jul 19, 2022 at 12:14
(diedit Jul 19, 2022 at 12:18)
Anggota Sejak Apr 27, 2022
17 pos
MauMar posted: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.
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.
Anggota Sejak Apr 09, 2019
538 pos
Anggota Sejak Jul 26, 2022
49 pos
Anggota Sejak Mar 31, 2021
229 pos
Jul 30, 2022 at 10:16
Anggota Sejak Oct 20, 2018
300 pos
FXOday posted:Absolutely. And MT4 is not less good than MT5.
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.
momchil_slavov@
Anggota Sejak Aug 19, 2021
227 pos
Aug 05, 2022 at 12:26
Anggota Sejak May 31, 2021
56 pos
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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