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.
Jul 11 2021 at 15:13
Metatrader4 for sure. It has indicators and trade managers that wont work on mt5
They contain many indicators.
They are similar to other offers on the market.
It's up to everyone to decide.
They are similar to other offers on the market.
It's up to everyone to decide.
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.
These are standard trading terminals. They are of high quality, comfortable enough, worth a try.
Oct 07 2021 at 21:53
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``.
mt5 as I know they get improvement for the chat room, timeframe, etc``.
Oct 09 2021 at 18:18
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.
Oct 12 2021 at 17:29
I prefer MT4 and think it's navigable, plus there are tons of tutorials on YouTube. However, I think MT5 is also a good choice for beginners so it really comes down to preference.
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.
Jan 01 2022 at 05:38
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
Jan 03 2022 at 17:45
I would say that both of these trading platforms are amazing.
Jan 05 2022 at 00:41
Mt4 and mt5 don’t have the same server build-ups. Considering the improvements on mt5, it is faster when compared to mt4.
Mar 22 2022 at 17:22
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.
Mar 23 2022 at 07:26
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.
Mar 23 2022 at 09:31
MauMar posted:It doesn't really matter in my opinion, but MT4 is widely used (whereas a lot of brokers don't offer MT5 yet)
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.
Mar 25 2022 at 11:13
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.
Surprisingly, I didn’t start with either of them, but with ActTrader.
Meta trader 4 and Meta trader 5 are two widely used platforms but mt4 is simple to understand. On the other hand mt5 is hard to understand. But those who are expert about mt5, it is easy to them. So, it it’s a big deal whatever your platform type is, but the fact is that how much you know.
