mt4 or mt5?

[OscarR]

Hey guys! I was just wondering, which one is better: MT4 or MT5? What are the differences?

 

[maya95]

I use MT4, I have not used that. no experience with that.

 

[OscarR]

I use MT4, I have not used that. no experience with that.

OK. I understand.

 

[Ethan.ishere]

Hey guys! I was just wondering, which one is better: MT4 or MT5? What are the differences?

MT5 is faster and more efficient than MT4, but it doesn't replace the previous platform as it is different and simply offers more than MT4 does. MT5 provides the ability to trade more instruments in almost all financial markets, including Forex, stocks, indices, commodities, and even cryptocurrencies.

 

[OscarR]

You offer me to change mt4 into mt5? Do I then need to switch brokers? How would that affect my prior trades? I apologise; I just want to ensure that nothing will happen to my trades. I've never changed it before.

 

[rod178]

MT5 is faster and more efficient than MT4, but it doesn't replace the previous platform as it is different and simply offers more than MT4 does. MT5 provides the ability to trade more instruments in almost all financial markets, including Forex, stocks, indices, commodities, and even cryptocurrencies.

the ability to trade crypto is Broker dependent, not MT5 dependent.
MT4 is supported by more Brokers than MT5

MT4 vs MT5 - Which is Best?

Can't decide between MT4 and MT5? If so, this article makes a full MT4 vs MT5 comparison. We also discuss the best MT4/MT5 %%currentyear%% trading platforms!

tradingplatforms.com

 

[OscarR]

I completely agree. I'm happy with MT4 right now, but I'm curious if MT5 is suggested by others or not. thanks my friend.

 

[Ethan.ishere]

the ability to trade crypto is Broker dependent, not MT5 dependent.
MT4 is supported by more Brokers than MT5

MT4 vs MT5 - Which is Best?

Can't decide between MT4 and MT5? If so, this article makes a full MT4 vs MT5 comparison. We also discuss the best MT4/MT5 %%currentyear%% trading platforms!

tradingplatforms.com

Oh thank you for mentioning that. and yes most of the brokers I saw out there offer MT4 rather than MT5.