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Thread: Which MetaTrader best Mt5 or Mt4?

  1. #1801
    Member Afnan ahmad is an unknown quantity at this point Afnan ahmad's Avatar
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    Metatrader 4

    1. Installation - Metatrader 4 is simple and user-friendly software. Many users prefer Metatrader 4 as metatrader 5 download is not easy as MT4.

    2. Compilation of Codes –You can find some differences in features of expert advisor between MT4 and MT5.Metatrader4 is designed with MQL code language, which is faster and easier to compile. But data transfer from Metatrader4 to Metatrder5 cannot occur.

    3. Interface – Metatrader 4 has easy to navigate interface. This makes this trading platform popular among forex traders.

    4. Trading methods- Metatrader4 offers almost all types of trading methods – hedging and LIFO, while the new version i.e., Metatrader5 does not support hedging and implements FIFO by default.

    5. Memory space- Metatrader4 takes up less memory space compared to Metatrader5.

    6. Choice of brokers: It has been found that many brokers offer Metatrder4 compared to MT5. So if a trader selects Metatrader4 for trading, s/he can select a broker from a wide range. Moreover, majority of brokers offer key services on MT4 only.

    Metatrader 5

    1. Variety of Charts and Timeframes – Metatrader5 offers 21 timeframes, whereas Metatrader4 offers only 9.Moreover, MT5 offers unlimited number of charts, out which 100 can open at a time.

    2. Fundamental Analysis-Metatrader5 user gets the benefit of an inbuilt forex calendar. Features like news events, schedules, expected impacts, forecasts are also included in this calendar.Metatrader4 does not have this feature.

    3. Indicators & analytical object tools – Metatrader5 offers 38 inbuilt indicators,22 analytical tools and 46 graphical objects, whereas metatrader4 offers 30 inbuilt indicators and 33 analytical objects.

    4. Market Orders- A trader can send 2 market orders,6 pending orders and 2 stop orders through MT5 whereas, Metatrader 4 allow a trader to send 2 market orders,4 pending orders, 2 execution modes,2 stop orders and a trailing stop.

    Although both MT4 and MT5 have their own advantages and disadvantages, still Metatrader 4 has been found to be more popular in the forex trading.

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  4. #1802
    Member nurheli is on a distinguished road nurheli's Avatar
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    well, good thread .. i think it all depends our habit
    in using metatrader to trade. because when we used
    to use MetaTrader 4 and we must understand how to use and features in metatrader. So I'm sure there will be more traders who make MetaTrader 4 the best, as most traders use MetaTrader 4 for their trading

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  6. #1803
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    Brokers that are keen to provide physical bullion delivery to their clients have one more option from today. The developer of the most popular trading platform for retail FX and CFDs traders, MetaQuotes Software, is announcing a plugin that will integrate the feature into MetaTrader 5.

    The platform has been at the forefront of the retail trading industry in 2017, driving changes across in multi-asset trading, as the developer of the product decided to slowly phase out the legacy MT4 solution. The growing list of brokers that are providing a MetaTrader 4 solution warrants that the new technological innovations will be coming exclusively to the fifth generation of the software suite.
    Middle Eastern Developer Noor Index Chips In
    Sizeable demand for physical gold is coming from the Middle East. Today’s announcement that a tech company from the region is deploying a solution that facilitates such transactions can’t be surprising to an industry that is at the same time more keen to expand into this part of the MENA area.

    Big brokers have the advantage to leverage their big balance sheets and sometimes develop their own solutions or partner with external platform providers. The MT5 plug-in, however, is accessible to brokers of all sizes and is a much-needed solution for smaller firms willing to offer all of its products from a single platform.

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  8. #1804
    Senior Member ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500 has a reputation beyond repute ghaffar500's Avatar
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    dear trader bat hay samjhny ki aur bat hay earing krnay ki gar ap mt4 say earnig kr rhay hain aur eska pako pta hay aur es k har future ka pako pta hay to apkay liay phr mt4 hi best hay so mujhy to mt4 acha lga so mery liay mt4 hi best hay.........

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  11. #1805
    Senior Member rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz has a reputation beyond repute rehanayaz's Avatar
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    Sir ji aap ka Kehna bhi bilkul theek Hai Magar Meri Yaad Se metatrader 4 main bahut use kiya hai aur mere experience metre trader for ke baare mein bhi hai aur Main and meta trading 4 and 5 they both achi software on Mirrors Yaad Kiya Jata Kiya huwa huwa metatrader 5 nahi hai uska experience nahi hai metatrader 4 ko main bahut use Kiya Hai mere Saiya se dono same hi hai
    WE LOVE INDIAN-FOREX FORUM AND INSTA FOREX BROKER

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