Which is suitable for a scalping traders an MT4 platform or the MT5

Jarvis89 2022.06.16 09:41

I'm a beginner and have traded using both platforms, but I'm still not sure which platform would be suitable and profitable for scalping?

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Fernando Carreiro 2022.06.16 10:03 #1

Jarvis89: I'm a beginner and have traded using both platforms, but I'm still not sure which platform would be suitable and profitable for scalping?

Both are suitable! It depends more on the broker you choose, the latency of their trade servers, the spread they offer, the commission they charge, and the contract specifications for the symbols you trade.

EDIT: As for profitable, that is totally dependant on the trader and not so much on the platform.

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Martial-Mason 2022.06.21 08:47 #2

I prefer the MT4 for scalping because the MT4 is mostly suitable for currency trading and having a good broker like <Deleted>, or any other suitable broker of your choice that can be advantage while scalping.

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Igor Zizek 2022.06.21 14:29 #3

I think MT5 is better becouse of faster order execution.

I use VPS with 1ms delay to broker server.

This alows me instant execution.

AlanRiley 2022.06.23 08:48 #4

I prefer the MT5 for the same the order execution is pretty faster but that also depends on mostly the broker, I use *** but there are other brokers as well if you do a good research.

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