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Difference Between MT4 and Mt5

PostPosted: Wed Apr 30, 2014 3:47 am
by ereanoraella
Hey, Help me.

What are the difference MT4 and MT5 platforms. Suggest me which one is best to trade?

Re: Difference Between MT4 and Mt5

PostPosted: Wed Apr 30, 2014 5:13 am
by MilaRose
Commerce/ Market
MT4- Does not have commerce integrated into the platform. You have to visit MQL4.com for Market Place.
MT5- Integrated into the platform. You can directly purchase Forex products from MQL through the Market tab on the platform.

Re: Difference Between MT4 and Mt5

PostPosted: Wed Apr 30, 2014 5:14 am
by MilaRose
Commerce/ Market
MT4- Does not have commerce integrated into the platform. You have to visit MQL4.com for Market Place.
MT5- Integrated into the platform. You can directly purchase Forex products from MQL through the Market tab on the platform.

Re: Difference Between MT4 and Mt5

PostPosted: Wed Apr 30, 2014 6:46 am
by sarahalice
Hi,
MT5 is supposed to be the new and improved version of MT4.But Mt4 is more user friendly and convenient for more traders.The major differences between them are MT4 supports hedging while mt5 does not support hedging.Hedging is an important strategy and when used by a skillful trader can have many advantages. Thus lack of hedging can mean a lot in Forex trading. Also mt4 is more easy to understand and convenient to trade and this is the reason why it is most popular trading terminal today. I am continuing my trade with Greenvault FX through MT4 platform which is so user friendly.

Re: Difference Between MT4 and Mt5

PostPosted: Tue Sep 29, 2015 4:22 am
by dymamic
My broker hotforex only offer MT4 and I see it's enough, MT5 could have more features but seems I don't need it now.