Gee Dee Posted August 21, 2018 Share Posted August 21, 2018 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. Quote Link to comment Share on other sites More sharing options...
Kataxe Posted April 2, 2020 Share Posted April 2, 2020 Keep in mind that MetaTrader 5 is a universal platform, which means that you can trade in both centralized and decentralized markets. Quote Link to comment Share on other sites More sharing options...
Analar Posted April 2, 2020 Share Posted April 2, 2020 Many people like the MT4 platform because it can be used in the mobile version Quote Link to comment Share on other sites More sharing options...
Monaya Posted April 2, 2020 Share Posted April 2, 2020 I also chose the mobile version for myself very conveniently always at hand. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted April 2, 2020 Share Posted April 2, 2020 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. Quote Link to comment Share on other sites More sharing options...
Doghma Posted February 8, 2021 Share Posted February 8, 2021 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. Quote Link to comment Share on other sites More sharing options...
Vudorg Posted February 12, 2021 Share Posted February 12, 2021 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. Quote Link to comment Share on other sites More sharing options...
Gardazuru Posted February 26, 2021 Share Posted February 26, 2021 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. Quote Link to comment Share on other sites More sharing options...
gds221 Posted February 26, 2021 Share Posted February 26, 2021 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. Quote Link to comment Share on other sites More sharing options...
Ralph Posted February 27, 2021 Share Posted February 27, 2021 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. Quote Link to comment Share on other sites More sharing options...
gds221 Posted February 27, 2021 Share Posted February 27, 2021 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. Quote Link to comment Share on other sites More sharing options...
Viran Posted February 28, 2021 Share Posted February 28, 2021 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. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 2, 2021 Share Posted March 2, 2021 In general, I believe that each of these platforms has its own disadvantages and advantages, and each will choose their own platform for work. Quote Link to comment Share on other sites More sharing options...
DonConcesso Posted March 8, 2021 Share Posted March 8, 2021 Which platform is suitable and simple to trade for beginners and newbies venturing into live trading for the first time? Quote Link to comment Share on other sites More sharing options...
Günter Posted March 9, 2021 Share Posted March 9, 2021 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. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 9, 2021 Share Posted March 9, 2021 Honestly, I am more a supporter of the old platform, it seems to me more adapted for work. Quote Link to comment Share on other sites More sharing options...
Francisco Posted March 10, 2021 Share Posted March 10, 2021 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. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 8, 2022 Share Posted May 8, 2022 In general, there are no very noticeable differences in fact. The bottom line here is that it's just a more advanced platform. Quote Link to comment Share on other sites More sharing options...
Guerrero Posted May 11, 2022 Share Posted May 11, 2022 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. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 11, 2022 Share Posted May 11, 2022 To be honest, having my own work experience, I have already become convinced that there are no special differences, in fact. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted June 1, 2022 Share Posted June 1, 2022 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 Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 4, 2022 Share Posted June 4, 2022 The biggest difference is in the details. It's more of a convenience. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted June 6, 2022 Share Posted June 6, 2022 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. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 10, 2022 Share Posted June 10, 2022 In fact, there is a difference and it is quite noticeable. I think this needs to be understood. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted June 18, 2022 Share Posted June 18, 2022 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. Quote Link to comment Share on other sites More sharing options...
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