Joz8
Uczestnik z Nov 19, 2020
104 postów
Nov 19 2020 at 06:38
Have been using MT4 so far, no mood of switching to other one as of now.
Gracewilson1995
Uczestnik z Jan 11, 2019
147 postów
Nov 19 2020 at 06:52
Mohammadi posted:MT4 is the best platform for forex trading
By and large trader’s inb particularly the newcomers always vote for MT4. There is anybody who has good experience about MT5 than MT4?
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/
Rogerwood465
Uczestnik z Nov 07, 2020
22 postów
Nov 25 2020 at 11:41
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.
ElliotCooke
Uczestnik z Jul 20, 2020
341 postów
Nov 25 2020 at 12:04
If you want to start forex trading, you have to learn all the basics of the forex fist. Without the proper knowledge, you can not survive in this risky market.
vontogr
(togr)
Uczestnik z Feb 22, 2011
4862 postów
Nov 25 2020 at 12:37
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
RobSchiz
Uczestnik z Mar 25, 2021
567 postów
Oct 16 2021 at 19:48
I prefer MT4 rather than MT5.
croisssan
Uczestnik z Jul 22, 2021
939 postów
Oct 17 2021 at 09:28
In general, here it is easier for the trader to choose after the fact. Sometimes some people like working with MT4, but some like the newer MT5. I think MT4 is a more reliable option.
Unellene
Uczestnik z Aug 01, 2021
283 postów
Oct 17 2021 at 09:31
both platforms have their pros and cons, so you need to try both options to understand which one is best
RobertFerrari
Uczestnik z Aug 15, 2021
415 postów
Nov 01 2021 at 17:58
Unellene posted:Yes. But I prefer MT4 the most.
both platforms have their pros and cons, so you need to try both options to understand which one is best
skihav
Uczestnik z Sep 05, 2021
801 postów
Nov 01 2021 at 18:04
As for me, this is the choice of every trader. For example, I prefer to use the classic MT4.
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.
skihav
Uczestnik z Sep 05, 2021
801 postów
Nov 08 2021 at 14:19
I believe that the choice of the platform depends on the trader. Many traders still enjoy working on the MT4 platform.
GraceGilm
Uczestnik z Oct 21, 2021
154 postów
Nov 09 2021 at 14:23
But what if you try both options and then decide for yourself what and how?
I prefer trading with the MT4 since it is suitable for trading currency pairs, and when compared to other platforms, the MT4 is simple to understand and user friendly.
croisssan
Uczestnik z Jul 22, 2021
939 postów
Nov 15 2021 at 14:39
I still prefer the classic MT4, but MT5 is quite a convenient platform for work.
Suradi
(FXOday)
Uczestnik z Apr 03, 2021
466 postów
Nov 15 2021 at 22:44
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.
TraderIvana
Uczestnik z Nov 11, 2021
39 postów
Nov 16 2021 at 10:26
Although MT5 is the upgraded version but I like MT4 and never felt the need of switching to MT5.
aromaticcricket
Uczestnik z Aug 16, 2021
9 postów
Nov 16 2021 at 12:31
TraderIvana posted:
Although MT5 is the upgraded version but I like MT4 and never felt the need of switching to MT5.
Sums up exactly how I (and 95% of other traders) feel.