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Thread: Which platform is best between mt4&5

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    Which platform is best between mt4&5

    Mt5 five is more advanced than mt4 but is difficult to analyze the market with mt5 because you can see the charts up to where the market is currently sometimes I even have to go to mt4 to see the hole charts to be able to analyze the market. So I prefer trading with mt4.

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    The mt4 for me is more simple and easy to use. The mt5 is a bit complex. I have always used the mt4 because it is like a traditional for.me.

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    Both give reliable services. However, each of them has a different function. The MetaTrader 4 is for the Forex enthusiasts, whereas Metatrader 5 is for investors who would want to access CFDs, stocks, and futures.

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    Quote Originally Posted by Newbie_trader View Post
    Both give reliable services. However, each of them has a different function. The MetaTrader 4 is for the Forex enthusiasts, whereas Metatrader 5 is for investors who would want to access CFDs, stocks, and futures.
    You can have it on Mt4 as well. There is CFds, there is coins, metals and currencies. What determines the access to your range of assets is the account type you have from your broker.

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    Since mt4 has widely been used by a number of companies, it means many people have used it and understood it on like mt5.the more you use it the better its understood.

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    MT5 is the future of trading. Let's find out what's special in this new, updated platform! Hedging is allowed. ... In MT4, you will never know what the best-selling price or cluster is in the selected range. You have to make an assessment using only M1 bars, which is a drawback compared to the real history of broker ticks, especially if you are doing a retest.

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    MT5 allows trading of a wider array of trading instruments but I agree that it is also more complicated compared with MT4. If you are planning to trade the basic assets only, then you can settle with MT4.

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