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MT4 or MT5

Joz8
Nov 19 2020 at 06:38
104 postów
Have been using MT4 so far, no mood of switching to other one as of now.

Gracewilson1995
Nov 19 2020 at 06:52
147 postów
Mohammadi posted:
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 is the best platform for forex trading

James (James_Trade)
Nov 19 2020 at 19:52
1 postów
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/

Załączniki:


Rogerwood465
Nov 25 2020 at 11:41
22 postów
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
Nov 25 2020 at 12:04
341 postów
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)
Nov 25 2020 at 12:37
4862 postów
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

RobSchiz
Oct 16 2021 at 19:48
541 postów
croisssan
Oct 17 2021 at 09:28
658 postów
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
Oct 17 2021 at 09:31
283 postów
both platforms have their pros and cons, so you need to try both options to understand which one is best

RobertFerrari
Nov 01 2021 at 17:58
317 postów
Unellene posted:
both platforms have their pros and cons, so you need to try both options to understand which one is best

Yes. But I prefer MT4 the most.

skihav
Nov 01 2021 at 18:04
538 postów
As for me, this is the choice of every trader. For example, I prefer to use the classic MT4.

davemack
Nov 08 2021 at 10:15
39 postów
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
Nov 08 2021 at 14:19
538 postów
I believe that the choice of the platform depends on the trader. Many traders still enjoy working on the MT4 platform.

GraceGilm
Nov 09 2021 at 14:23
154 postów
But what if you try both options and then decide for yourself what and how?

Ramierez
Nov 15 2021 at 09:45
26 postów
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
Nov 15 2021 at 14:39
658 postów
I still prefer the classic MT4, but MT5 is quite a convenient platform for work.

Suradi (FXOday)
Nov 15 2021 at 22:44
207 postów
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
Nov 16 2021 at 10:26
28 postów
Although MT5 is the upgraded version but I like MT4 and never felt the need of switching to MT5.

aromaticcricket
Nov 16 2021 at 12:31
9 postów
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.

skihav
Nov 16 2021 at 14:20
538 postów
Usually, choosing a platform for work is not the most difficult task. The main thing is to work comfortably.

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