I am new to trading. confused about which one is better. Kindly provide your input.

Fernando Carreiro 2022.03.05 10:44 #1

MT4 is the older version and is no longer being developed. Go with MT5.

It is like choosing between Windows 7 and Windows 11. People still use Windows 7 but it is no longer being developed and has little official support.

Eleni Anna Branou 2022.03.05 10:58 #2

Fernando Carreiro #:

MT4 is the older version and is no longer being developed. Go with MT5.

It is like choosing between Windows 7 and Windows 11. People still use Windows 7 but it is no longer being developed and has little official support.

To elaborate on your answer Fernando, if one is still using windows XP or 7, should go with MT4, if uses windows 10 or 11 will be better with MT5.

The attitude towards updates, show something of the character's adaptation to changes I think.

There is no doubt that MT5 is far superior and the platform for the future.

I can't login to MT5 error Discussion of article "Moving

Eric Snusber 2022.03.05 13:18 #3

Mathe_Geller:

MT4

22% (2)
MT5

78% (7)

They are the same. It is just one is 32 bits and the other 64 bits. Some brokers don't even offer MT5 or with Limited option like only ecn account and only one sever for mt5 while mt4 may have 20 servers with the same broker.

MT5 acting wonky ,MT4 one terminal for several DLL from MT4 to

Fernando Carreiro 2022.03.05 14:45 #4

Eric Snusber #: They are the same. It is just one is 32 bits and the other 64 bits.

You must be joking! They are the same? In which world do you live in?

They are extremely different, regarding the types of markets and the types of orders they support, the MQL programming, the back testing and optimisations, and much more.