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what's the difference between mt4 and mt5 ?

3.50 star(s) 2 Votes
Cyberion is right. And also the company behind MT4 was clearly a not big non-profit organization and MT5 is a moneymaker for the sw engineers
MT5 has a new brand new language and better scripting tools for writing custom indicators and expert advisors.
MT5 is a newer version of mt 4.
MT4 was specifically built for forex traders, whereas MT5 was designed to provide traders with access to CFDs, stocks and futures.
MetaTrader 5 (MT5) and MetaTrader 4 (MT4) are popular trading platforms, but they differ in several aspects. MT5 offers more advanced features than MT4, including a wider range of order types, additional timeframes, and improved technical analysis tools. MT5 supports more asset classes, including stocks and futures, whereas MT4 primarily focuses on forex trading. MT5 also has a built-in economic calendar and depth of market functionality, which are not available in MT4. Furthermore, MT5 has a more modern and intuitive user interface, providing a better overall trading experience.

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