I was always convinced that it doesn't matter which trading platform you prefer, the matter is that you feel free with it and it's quite convenient for you. Whether it will be MT4 or MT5, it doesn't matter at all. Of course, trading platforms are different and all of them have their own advntages and drawbacks, however when you're rookie the main for you is to learn how to trade with a help of these platforms. After you will gain enough experience, you can explore other platforms just to determine distinguishing traits. So, novices would better not pay lots of attention to such thing as trading platform.
I am still using mt4 trading platform in my broker, although they offer to use mt5 and TickTrader, I am still use mt4 to manage account STP mt5 as I know they get improvement for the chat room, timeframe, etc``.
Metatrader 4 vs Metatrader 5. However, they each serve a very different function and, contrary to popular belief, MT5 is not an upgrade of MT4. MT4 was specifically built for forex traders, whereas MT5 was designed to provide traders with access to CFDs, stocks, and futures.
Well, if you are looking for a user-frienly trading platform, MT platforms are not for you. I mean that they are awesome, but you need to take your time in order to learn how to use them. If you've got the choice of MT4 or MT5, I would learn mt5. I think that it is the future of trading platforms. In spite of the fact that it is not as popular as mt4, but it will gain popularity in the nearest future.
MT4 is still the best platform which we need to use to trade in forex trading because by so doing I guess that we will have all the functions and features which will enable us to trade and get the best from here thou some people still prefer mt5
Due to its strength in providing investor education, MetaTrader5 (MT5) is our best overall choice for beginners. In addition to a robust educational platform, new investors may find that MetaTrader5 (MT5) is also easy to use and navigate. When it comes to stocks, traders need volatility, trading volume, and trend trades.
Meta trader 4 is my favorite trading platform even though meta trader 5 is more advanced than mt4. I understand the platform very well and I have been using it for long. To me, analyzing the market on mt5 is one of the toughest job because I am not that familiar with the platform.
The MT5 is an advanced broker when compared to the MT4, but the MT4 is a much simpler tool to use and understand for beginners, and it is mostly suitable only for currency trading. Whereas the MT5 can be used for both forex trading and stock trading purposes.
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.
It doesn't really matter in my opinion, but MT4 is widely used (whereas a lot of brokers don't offer MT5 yet)
Due to its strength in providing investor education, MetaTrader5 (MT5) is our best overall choice for beginners. In addition to a robust educational platform, new investors may find that MetaTrader5 (MT5) is also easy to use and navigate. When it comes to stocks, traders need volatility, trading volume, and trend trades. Before you start investing in crypto, I suggest choosing a platform or application that does not stop a large commission.