MT4 and MT5

[FXOpen Trader]

Quite efficient trading software, Both MT4 and MT5 are good for traders in the forex market. MT4 is generally used by traders who are focused on the forex market while MT5 offers a wide range of applications such as contract for difference, stocks and futures etc. It is a complete state of the art multi-asset trading platform. Honestly, both have their pros and cons and traders should make a choice between them keeping in mind their trading style and long-term goals.

We can decide which is going to be better for us whether it is MT4 or MT5

 

[omegastuff]

Both are good to use, MT5 is like an improved version of MT4 with new additional feature allowing you to trade more accessible.

 

[Nayek Pichai]

Mt4 and mt5 are two different platform types. Mt5 is slightly updated one than mt4. However, both are efficient for trading. Mt5 is hazy to understand to some traders and that’s why traders avoid this platform. On the other hand, mt4 is easy to understand.

 

[FXOpen Trader]

Mt4 and mt5 are two different platform types. Mt5 is slightly updated one than mt4. However, both are efficient for trading. Mt5 is hazy to understand to some traders and that’s why traders avoid this platform. On the other hand, mt4 is easy to understand.

I am making use of both the MT4 and the MT5 trading systems.

 

[Gito Dinev]

90% of traders are failure because this percentage of traders relies on live trading initially without going for demo trading.

 

[Increscent]

Since I trade both forex and crypto, I use MT5. It’s not as widely available as Mt4 but still there are a lot of brokers that offer mt5. Personally, I am using it with Coinexx. The platform has many advanced features that are not in mt4.

 

[FXOpen Trader]

Since I trade both forex and crypto, I use MT5. It’s not as widely available as Mt4 but still there are a lot of brokers that offer mt5. Personally, I am using it with Coinexx. The platform has many advanced features that are not in mt4.

We will have to learn doing our trades with the MT5 systems.

 

[LouBega88]

This is the reason that always keep them lag behind. So, traders should focus maximizing their skill so they can benefit from trading. Demo trading can help them in hitting their target.

 

[maxlvg]

Mt4 for me. I use it with turnkeyforex. It’s easy to use and offers everything one needs for trading

 

[FXOpen Trader]

Mt4 for me. I use it with turnkeyforex. It’s easy to use and offers everything one needs for trading

We will need to make use of MT4 so that our trades are more profitable for us.

 

[Oscar Shumack]

You should rather pick only one or two pairs because of easy analysis. You can bring consistency in profit once you get rid of this bad habit.