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Whats better MT4 or MT5?

csa1234

New Member
well, with MT5 you will have faster execution trades, which means if you use arbitrage or HFT EA you will get more filled trades with lower slippages if your broker is not using Virtual Dealing desk plugin
 

attah

New Member
well, with MT5 you will have faster execution trades, which means if you use arbitrage or HFT EA you will get more filled trades with lower slippages if your broker is not using Virtual Dealing desk plugin
 

kuposcar

Member
MT5 is muche better, in addition the Backtest is so accurate, but it is more difficult to program than mql4
 
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Lene Hutmacher

New Member
The platforms look nearly identical!

MT5 was designed to be able to trade markets other than Forex, such as stocks and commodities, essentially because it is better able to plug into a centralized trading exchange. Other advantages:

MT5 permits both hedging and netting;
MT5 is faster and more efficient than MT4
More Technical Indicators
More Timeframes

MetaQuotes confirmed that the company will stop issuing new licenses to new brokerages, although the MT4 platform can continue to be used by existing customers.
 

medved

New Member
It's better to use more professional platforms like ninjatrader, sierra chart, Quantower, bookmap etc.
 

Ecklo

New Member
If you want to trade stocks, many cryptocurrencies, Futures, you can use MT5. If you want to trade Forex, Major cryptocurrencies, some Futures you can use MT4
 

ushanka

New Member
MT4 is more compatible with the most things, so right now MT4. MT5 probably is better for modern hardware though.
 

Flavio Esteves

New Member
MT4 is designed for CFD forex instruments, whereas MT5 covers both centralised and non-centralised financial markets, including, stocks, futures and FX trading instruments.
I'm happy with the good old MT4 for now.
It is far more popular than Metatrader 5, and for good reason: it is easy to use and manage and has generally less glitches than its browser-based competitor platforms.
 

Esc4n0R

New Member
The platforms look nearly identical!

MT5 was designed to be able to trade markets other than Forex, such as stocks and commodities, essentially because it is better able to plug into a centralized trading exchange. Other advantages:

MT5 permits both hedging and netting;
MT5 is faster and more efficient than MT4
More Technical Indicators
More Timeframes

MetaQuotes confirmed that the company will stop issuing new licenses to new brokerages, although the MT4 platform can continue to be used by existing customers.
This is very helpful. Thanks for sharing.
 

wallaroo90

New Member
for me i liked mt4 than mt5 but you can try the both then decide
Agree, I just downloaded MT5 with a new Broker, i like the broker, I am not too fussed about the MT5 platform though, its just not quite as user friendly as MT4, I think i will go back to Broker and swap them to Mt4. More options for Forex also.
 

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