shekhar
Member
Trading Instruments:
MT4: Primarily designed for Forex trading, although it also supports some CFDs and commodities.
MT5: Offers a wide range of trading instruments, including Forex, CFDs, stocks, commodities, and cryptocurrencies.
Timeframes:
MT4: Provides 9 timeframes for chart analysis.
MT5: Offers 21 timeframes, enabling more in-depth analysis.
Order Types:
MT4: Supports market, limit, and stop orders.
MT5: Adds additional order types like Buy Stop Limit and Sell Stop Limit, providing more flexibility.
Community and Code Base:
MT4: Has a vast community and a large number of available custom indicators and EAs.
MT5: Although growing, it has a smaller community and a more limited selection of custom tools compared to MT4.
Share your thoughts, which you think is best MetaTrader 4 or MetaTrader 5.
Share your personal experiences, insights, and preferences, and hear from fellow traders about which platform they believe offers the best tools
MT4: Primarily designed for Forex trading, although it also supports some CFDs and commodities.
MT5: Offers a wide range of trading instruments, including Forex, CFDs, stocks, commodities, and cryptocurrencies.
Timeframes:
MT4: Provides 9 timeframes for chart analysis.
MT5: Offers 21 timeframes, enabling more in-depth analysis.
Order Types:
MT4: Supports market, limit, and stop orders.
MT5: Adds additional order types like Buy Stop Limit and Sell Stop Limit, providing more flexibility.
Community and Code Base:
MT4: Has a vast community and a large number of available custom indicators and EAs.
MT5: Although growing, it has a smaller community and a more limited selection of custom tools compared to MT4.
Share your thoughts, which you think is best MetaTrader 4 or MetaTrader 5.
Share your personal experiences, insights, and preferences, and hear from fellow traders about which platform they believe offers the best tools
