comparison between MT4 and MT5

[Gee Dee]

There is no basic reason to compare between the MT4 and MT5. Though a trader from centralized market can also use MT4, MT4 is the trading platform that is especially appropriate for those traders who want to trade in any decentralized market place. I personally think that MT5 is well organized and well suitable for the traders who are willing to trade in centralized market. But which trading platform a trader will use dependent on his trading requirements of course.

 

[Kataxe]

Keep in mind that MetaTrader 5 is a universal platform, which means that you can trade in both centralized and decentralized markets.

[Analar]

Many people like the MT4 platform because it can be used in the mobile version

[Monaya]

I also chose the mobile version for myself very conveniently always at hand.

[bearhugs]

Both platform are good at there pace, MT4 and MT5 have their own advantages, it depends on the trader that his strategy will be used on which platform effectively.

[Doghma]

It is convenient when a broker, like, for example, Amarkets offers 2 options for choosing a platform and here you yourself can determine which platform suits you best and which one will trade better.

[Vudorg]

Despite the fact that the MT5 platform is considered rather more convenient due to its updates, I can say that MT4 is in no way inferior, at least, both the convenience and the result suit me.

[Gardazuru]

I do not see much difference between these platforms, there are some innovations, the MT 5 platform, well, in principle, MT 4 is not inferior.

[gds221]

I believe that the choice of a trading platform is the choice of the trader himself. Each one chooses a platform with which it is more convenient to work.

[Ralph]

I prefer trading with MT4 because it is simple to trade in a real account. Even though MT5 is the updated version, many traders prefer trading with MT4 because it also has a mobile version.

[gds221]

I generally believe that here the choice depends only on the trader. Someone likes to work with an older platform, someone with a newer one.

[Viran]

Trading platforms MT4, MT5 are considered the most popular, and they are presented by the broker Amarkets, and each client for himself can choose the option that is more convenient for him.

[gds221]

In general, I believe that each of these platforms has its own disadvantages and advantages, and each will choose their own platform for work.

[DonConcesso]

Which platform is suitable and simple to trade for beginners and newbies venturing into live trading for the first time?

[Günter]

The MetaTrader 5 is a universal platform that can trade in centralized and decentralized markets, whereas the MT4 platform is a lower version of MT5 and many traders prefer trading with it because it can also be used in the mobile version.

[gds221]

Honestly, I am more a supporter of the old platform, it seems to me more adapted for work.

[Francisco]

From my understanding, the MT5 is a universal platform that can be used to trade in both central and decentralized market trades, whereas the MT4 is an older version of the MT4, but many traders prefer trading with MT4 because it is simpler to use and comes with a mobile version.

[Vaabum]

In general, there are no very noticeable differences in fact. The bottom line here is that it's just a more advanced platform.

[Guerrero]

Before entering into live trading, I used both platforms with a demo account and, from my experience, I prefer the MT4 since it is suitable for currency trading.

The platform's user interface and other tools are simpler to understand and use when compared to the MT5, the MT4 is even suitable for beginner traders.

[Vaabum]

To be honest, having my own work experience, I have already become convinced that there are no special differences, in fact.

[FXOpen Trader]

I have been doing my Forex Trading from the last 10 Years with FXOpen Markets and they have very secure and fast Trading MT4 Terminal

[Vaabum]

The biggest difference is in the details. It's more of a convenience.

[FXOpen Trader]

On 6/4/2022 at 4:36 PM, Vaabum said:

The biggest difference is in the details. It's more of a convenience.

We will need to learn about the advantages of trading with the MT5 platforms.

[Vaabum]

In fact, there is a difference and it is quite noticeable. I think this needs to be understood.

[FXOpen Trader]

On 6/10/2022 at 8:12 PM, Vaabum said:

In fact, there is a difference and it is quite noticeable. I think this needs to be understood.

The income that we are going to get will also depend on many other factors.