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MetaQuotes stops developing MT4

vontogr (togr)
Jan 29 2017 at 07:24
4862 postów
StoneHeart posted:
I use MT5 version 5.00 build 1495 from 9.Dec.2016 with HEDGING, and it is not Beta


OK i trust you. I dont like MT5 anyway.

Fredrick (shirley_F)
Jan 29 2017 at 07:26
41 postów
togr posted:
MT5 client allows it but when I tried to trade it did not hedge so it also depends on kind of mt5 broker offers
And here we goes MT5 bring a lot of confusion


Good that you mentioned this. When it comes to confusion, I guess it is more related to the broker setup rather than the platform. As I read in other comments, some people have the hedge option in normal live (non-beta) environment.

mlawson71
Jan 29 2017 at 07:36
1487 postów
Metaquotes added hedging to MT5 a while ago (https://smnweekly.com/2016/03/25/mt5-gets-new-beta-version-finally-features-hedging/). It was what finally made the platform more popular to begin with it, many people didn't want to use it because it lacked that feature.

Baldo (BaldoN)
Feb 01 2017 at 11:17
522 postów
Stopping development of MT4 does not mean MT4 will disappear. Perhaps not new builds will be released, but not stopping the most widespread trading terminal in world.
MT4 will stay for many years forward.

vontogr (togr)
Feb 02 2017 at 11:26
4862 postów
BaldoN posted:
Stopping development of MT4 does not mean MT4 will disappear. Perhaps not new builds will be released, but not stopping the most widespread trading terminal in world.
MT4 will stay for many years forward.


They are still releasing updates
but they also increased fees for brokers for mt4
to push them to mt5

Baldo (BaldoN)
Feb 03 2017 at 13:08
522 postów
togr posted:
BaldoN posted:
Stopping development of MT4 does not mean MT4 will disappear. Perhaps not new builds will be released, but not stopping the most widespread trading terminal in world.
MT4 will stay for many years forward.


They are still releasing updates
but they also increased fees for brokers for mt4
to push them to mt5


I believe this would be long process and the MT4 will work for many years. The switch from MT4 to MT5 will require a lot of work for the brokers itself and changes in contracts, accounts, compliances and etc.
Something I have heart and not sure if it is true or not, but: 'Metaquotes have left a port in MT5 constantly open and they could have access to your terminal' - This is what I have heart and repeat - not sure whether it is correct :)

vontogr (togr)
Feb 03 2017 at 13:09
4862 postów
BaldoN posted:
togr posted:
BaldoN posted:
Stopping development of MT4 does not mean MT4 will disappear. Perhaps not new builds will be released, but not stopping the most widespread trading terminal in world.
MT4 will stay for many years forward.


They are still releasing updates
but they also increased fees for brokers for mt4
to push them to mt5


I believe this would be long process and the MT4 will work for many years. The switch from MT4 to MT5 will require a lot of work for the brokers itself and changes in contracts, accounts, compliances and etc.
Something I have heart and not sure if it is true or not, but: 'Metaquotes have left a port in MT5 constantly open and they could have access to your terminal' - This is what I have heart and repeat - not sure whether it is correct :)


Well that is how client (mt4 terminal) works, it is sending info and receiving info from/to server. This happen always.

mlawson71
Feb 04 2017 at 12:41
1487 postów
The popularity of Metatrader 5 has grown even more in the past months, according to fintech company Metaquotes, as a number of large international brokers adopted the platform and started offering it to their clients. (https://smnweekly.com/2017/02/02/fintech-metaquotes-mt5-brokers-grow-in-number-include-bcs-forex-instaforex-liteforex/) It looks like the measures they took to shoehorn it on the market really had an effect.

Nina (NEEnah)
Feb 09 2017 at 11:06
71 postów
mlawson71 posted:
The popularity of Metatrader 5 has grown even more in the past months, according to fintech company Metaquotes, as a number of large international brokers adopted the platform and started offering it to their clients. (https://smnweekly.com/2017/02/02/fintech-metaquotes-mt5-brokers-grow-in-number-include-bcs-forex-instaforex-liteforex/) It looks like the measures they took to shoehorn it on the market really had an effect.


That's true. I am checking on demo the MT5 just to be prepared for the future as I believe more and more brokers will start offering it. It seems to have cool features, like for instance to save a chart as a png file in an easy way without screenshots etc. Will continue digging deeper into it.

Fredrick (shirley_F)
Feb 14 2017 at 10:00
41 postów
Good point Nina! I would add that I like the new Market Watch features in MT5, like 4 tabs under the list of instruments and the quick visible search to add a new symbol. This is more intuitive for the user. 😄 My early tests of an MT5 demo seem promising!

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