Edited 31 st August 6 - NB: See comments for latest information and updates on this topic Lately there's been a lot of new development in Metaquotes since we published this article. Also the web platf orm for MT5 was officially released in July, Metaquote's desire to improve Forex trading experience led to the design of MT5. Results from the poll at the end of this article proves our assertion that most Forex traders still prefer MT4.
MT4 or MT5, which do you prefer? There are still some distinct differences between both platforms, despite the series of updates on MT4 and some improvements on MT5. We wish to present as much as possible a clear view of both platforms, and probably give you a change of mind to migrate to MT5 or remain with MT4.
Broker server address required during account opening during installation. Opening of accounts now much simpler in Build upwards. Nothing has changed recently. Metaquotes trading server now included as a default in the opening account phase of the installation. Ability to add new server from MT5 for a demo account included. Unlimited number of charts. Trading from tick chart is now available. EAs are designed with the native MQL code language, and they are faster to compile.
One click trading and Drag and drop is only included in newer MT4 Builds from upwards. More additions in the design interface. Search box included, Details tab on the Market Watch window.
One Click trading, drag and drop, e. Video guides included in Help Me nu. Allows all trading methods. However broker regulations are implemented on their MT4 platforms. Not much when compared to brokers who deliver their services on MT4. Now the big question! Why are most traders still sticking with MT4 despite the newly introduced features in MT5?
Here are the simple reasons. However this shouldn't be. These two reasons are some of the scary, and discouraging. So what's your take? Stick with MT4 or switch over? Hope you found this article useful.
Please before leaving take some time to read some of our articles that will improve your knowledge and enhance your success in Forex. Our exclusive research narrows down the best news trading systems according to ranking. Newer Post Older Post Home. Still simple and straightforward. Web installer also available. Fundamental Analysis news trading. Does not have an inbuilt Forex Calendar. Integrated into the platform. Easier to navigate around.
More brokers deliver certain key services on MT4 than MT5.More...