mlawson71 posted: Metaquotes have announced that they will no longer update MT4 as they focus on MT5. (https://www.forexbrokerz.com/news/mt4-stops-developing-mt4). MT4 continues to be the preferred choice of most traders, despite the numerous improvements being made to the MT5 lately, especially the adding of the hedging option.
I have no desire to move to MT5. I don't like it, I don't find it to be as reliable or as intuitive as MT4.
MT4 is excellent for trading. MT5 is excellent for information, but it limits the trading a bit. Many are still referring to MT4
mitchel14 posted: MT4 is excellent for trading. MT5 is excellent for information, but it limits the trading a bit.
How does it limit the trading? Do mean you cannot trade some instruments or maybe not that many indicators are there?
MT5 is very slow compared to MT4 in terms of placing and processing of orders esp market orders
Do you think such latency can be caused by the broker's server location compared to the trader's location? Or maybe bad Internet connection? Or you compared both platforms simultaneously with the same broker?