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MetaTrader4 (MT4) vs MetaTrader5 (MT5) for beginners
Apr 14, 2022 zamanından beri üye
44 iletiler
Apr 28, 2022 at 10:20
Apr 14, 2022 zamanından beri üye
44 iletiler
Both MT4 and MT5 offer excellent user interfaces but imo, MT4 comparatively is simpler and easier to use.
Apr 14, 2022 zamanından beri üye
40 iletiler
Apr 29, 2022 at 11:28
Apr 14, 2022 zamanından beri üye
40 iletiler
MT4 is the greatest option for a newcomer because it is simple to understand and trade on. MT5 on the other hand, would be a little more technical for newcomers. However, with enough time and practice, switching to MT 5 will be a breeze.
Apr 14, 2022 zamanından beri üye
32 iletiler
May 03, 2022 at 07:57
Apr 14, 2022 zamanından beri üye
32 iletiler
So the general difference between the two is that MT4 was created to trade Forex, while MT5 was created to make trading non-Forex CFDs easier. They are programmed in distinct languages, and MT5 enables faster backtesting than MT4. Unlike MT4, MT5 has a DOM (depth of market) feature and is theoretically supported by MetaQuotes.
Oct 20, 2018 zamanından beri üye
283 iletiler
May 04, 2022 at 11:14
Oct 20, 2018 zamanından beri üye
283 iletiler
MT4 is fairly enough for every trader needs.
momchil_slavov@
May 07, 2022 zamanından beri üye
42 iletiler
Jun 18, 2022 at 10:03
May 07, 2022 zamanından beri üye
42 iletiler
I used MT4 when I initially started trading and subsequently switched to MT5. You are free to select any of them. Despite the fact that MT5 is more advanced and comes with better features, MT4 is still the most popular trading platform for Forex and CFDs.
Apr 03, 2022 zamanından beri üye
6 iletiler
May 29, 2022 zamanından beri üye
34 iletiler
Jun 20, 2022 at 00:40
May 29, 2022 zamanından beri üye
34 iletiler
Both MT4 and MT5 feature a simple interface, with a few exceptions: MT4 is a lot simpler and easy to use. It enables traders to tailor the platform's interface to their own trading demands and objectives. MT5 is more complicated since it includes more trading capabilities and marketplaces.
Apr 20, 2022 zamanından beri üye
6 iletiler
Jun 20, 2022 at 12:23
Apr 20, 2022 zamanından beri üye
6 iletiler
I don't like MT5. For me it's not convenient. I like more MT4.
May 30, 2022 zamanından beri üye
9 iletiler
Jun 20, 2022 at 15:17
May 30, 2022 zamanından beri üye
9 iletiler
MT5 is better if you are beginner. Only use MT4 if you want to use pre built fx robots
May 31, 2021 zamanından beri üye
44 iletiler
Jul 08, 2022 at 11:48
May 31, 2021 zamanından beri üye
44 iletiler
Even though the MT5 is an advanced version of the MT4, I suggest beginners use the MT4 because it is comparatively simpler and easier to use, whereas the MT5 is more complex as it consists of more trading features and markets.
Apr 27, 2022 zamanından beri üye
17 iletiler
Jul 19, 2022 at 12:14
(Jul 19, 2022 at 12:18 düzenlendi)
Apr 27, 2022 zamanından beri üye
17 iletiler
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.
I have used both MT4 and MT5. Even though MT5 has some upgrades I can say that MT4 is far better. Mailbox usage is more easy. Market signals can be shown more fastly. Lastly, I have more experience on trading MT4 background, so it is more easy for me to trade on it.
Apr 09, 2019 zamanından beri üye
516 iletiler
Jul 19, 2022 at 12:22
Apr 09, 2019 zamanından beri üye
516 iletiler
MT5 is useful if you know what to do with it but for the majority MT4 will more than suffice
If you can't spot the liquidity then you are the liquidity.
Jul 26, 2022 zamanından beri üye
45 iletiler
Jul 26, 2022 at 08:18
Jul 26, 2022 zamanından beri üye
45 iletiler
Both mt4 and m5 are good platforms to trade on but I would say as a newbie , mt4 is comparatively simple and easy to understand.
Mar 31, 2021 zamanından beri üye
222 iletiler
Jul 26, 2022 at 13:10
Mar 31, 2021 zamanından beri üye
222 iletiler
I think MT5 is more convinient for the beginners because of the more simple interface. But I prefer MT4. Yes, it is more difficult for understanding but more convinient for me. I am old school guy.
Think thrice before opening an order
Apr 03, 2021 zamanından beri üye
437 iletiler
Jul 26, 2022 at 23:36
Apr 03, 2021 zamanından beri üye
437 iletiler
MT5 now already many brokers offer a trading platform, but MT4 is still the most popular and used by many traders.
I am still like to use MT4 as long as this still can be used.
I am still like to use MT4 as long as this still can be used.
Oct 20, 2018 zamanından beri üye
283 iletiler
Jul 30, 2022 at 10:16
Oct 20, 2018 zamanından beri üye
283 iletiler
FXOday posted:
MT5 now already many brokers offer a trading platform, but MT4 is still the most popular and used by many traders.
I am still like to use MT4 as long as this still can be used.
Absolutely. And MT4 is not less good than MT5.
momchil_slavov@
Aug 19, 2021 zamanından beri üye
203 iletiler
Aug 01, 2022 at 13:47
Aug 19, 2021 zamanından beri üye
203 iletiler
Oh I would say use both MT4 and MT5 platforms and then choes what do you like. 😀😀
May 31, 2021 zamanından beri üye
44 iletiler
Aug 05, 2022 at 12:26
May 31, 2021 zamanından beri üye
44 iletiler
The MT4 is best suited for beginner traders who prefer exposure in the forex market because it focuses more on currency trading, but if you are a beginner who prefers trading on other markets, the MT5 is best suited because it supports all other markets.
Aug 06, 2022 zamanından beri üye
28 iletiler
Sep 15, 2022 zamanından beri üye
13 iletiler
Sep 16, 2022 at 04:54
Sep 15, 2022 zamanından beri üye
13 iletiler
As an experienced trader, I prefer MT4. The stability and quick trade execution of MT4 enable traders to conduct deals with a very minimal risk of slippage.

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