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A lot of the traders here in this forum yet not use the mt5 and i am also one of them who did not use the mt5 and i cerebrate it should hit whatsoever serious features but i reckon it faculty bed whatever many instant when traders testament know portion in it.
meta trader 4 is good to trade for many traders because this is giving the good results of the trades with the more tools which we can use to make our good strategy to get the more good money in the forex market to do the better tradings
The meta trader 4 is very famous and very usefull with lot of people. It is easy to use. By this platform, we can open buy or sell position very by clicking in the short cut in the main screen of this platform. Now, I use meta trader 4 for mobile it is so easy to use and have all the features of computer platform. I don't know any thing about meta trader 5 but I heard that is the new version of meta trader 4.
i haven't use MT5. But i'm comfortable with trading MT4. It is easy to use. MT4 is simple. you can open trades simply by right clicking on the chart. you can view history by right clicking on the history and select the period. you can use custom periods as well.
i think that meta trader 4 is more than enough, you have all the technical analysis tools and you can add all indicators you need, in the same time it acts rapidly on all operating systems, so it is more suitable for all than meta trader 5
I myself as a beginner would prefer MetaTrader 4 is probably because I was used to and I think its easy. I also tried the first meta trader 5 but I understand hardship and even loss. applications and the internet are usually too many EA for MT4 format
i do not think there are may comparation between MT4 and MT5 platform. the importance is how to trade with them. If you are acustomed with MT4, you will trade in it and like it. The main i think you should train for trading first, not this problem.
I am using the mt4 platform and i see most of the people use the mt4 platform as well as most of the broker use the mt4. To learn about the trading this is better to see the tutorial from youtube this is the best way of learning the trading by the mt4 or mt5 platform.Quote:
Originally Posted by forexpips
i am using only mt4 trading terminal. i never try mt5. but i have some knowledge about this that i read on forums and websites.
mt5 is advance trading terminal with having more time frame for trading but we can not use our mt4 account no with mt5 trading terminal.
i didn't try 5 yet, but meta trader 4 after the new updates has become much better than before, transactions are very rapid and it works in better performance, it is all what i need in Forex to make good positions, i am not using indicators much so they don't make sense for m