Good question.
We can discuss pros and cons for hours, but natural phenomena of life - MetaQuotes is phasing out MT4.
MT4 works fine and will be around for a long time (can stick to it in 2025 fine), many traders still love it.. and so on. But, if you're thinking long-term, MT5 is the only option to choose (regardless of how much we might prefer MT4 simplicity or its massive library of tools).
Oleksandr Kuripko:
The debate between MetaTrader 4 and MetaTrader 5 is still going strong.
The debate between MetaTrader 4 and MetaTrader 5 is still going strong.
Nothing to discussed ... it was already discussed - look at this summary post: #792
Forum on trading, automated trading systems and testing trading strategies
MT5 vs MT4: Which Platform to Choose in 2025?
Oleksandr Medviediev, 2025.03.14 04:39
...We can discuss pros and cons for hours, but natural phenomena of life - MetaQuotes is phasing out MT4.
...

How to Start with Metatrader 5 - Alpari Introduces Liquidity from the Global Broker Alpari for MetaTrader 5 Institutional clients
- 2016.10.17
- Sergey Golubev
- www.mql5.com
Liquidity from the global broker alpari is now available to metatrader 5 institutional clients. Has announced the integration of the metatrader 5 platform with broker company alpari — one of the global leaders in the forex brokerage industry
Oleksandr Kuripko:
The debate between MetaTrader 4 and MetaTrader 5 is still going strong.
No it isnt. Using MT4 is like using Windows XP in 2025.

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The debate between MetaTrader 4 and MetaTrader 5 is still going strong. Some traders swear by the reliability of MT4, while others believe MT5 is the future. But which platform is the right choice for you?
🔹 Pros and cons of MT4 and MT5
🔹 Speed, functionality, and usability – what matters most?
🔹 Compatibility with EAs and indicators
🔹 Which platform is better for algorithmic trading?
🔹 User experiences: Share your thoughts!