Discussing the article: "How We Built the Most Powerful Machine Learning-Powered Trading Platform: The Evolution of MQL and MetaTrader Through Archives, Forums, and Releases" - page 2

 
It really does leave a lasting impression; for someone like me who used to work late into the night so often, those memories come flooding back, as if they were flashing before my eyes.
 
I’ve remembered that story since around 2004 – I watched it unfold from the sidelines. Back then, there was only MT4, whilst MT5 was later promised as something sensational (that’s what the rumours were saying at the time). Back then, it seemed that MT4 was quite sufficient (many people didn’t understand why MT5 was needed at all :) ) and that this was the pinnacle of progress; since then, things have really taken off. Well, over the last year and a half, a whole new era has dawned.
 

For years, I've often wondered why MT5 doesn't natively support markets/exchanges outside of OTC markets.

Actually it does, but it's far from free:

MetaTrader 5 for hedge funds — all markets in one place
MetaTrader 5 for hedge funds — all markets in one place
  • www.metatrader5.com
Create a multi-asset infrastructure on a single platform in a couple of days. You no longer need separate terminals with disparate analytics. Work in different markets, customize necessary tools, try various strategies — use a single exchange terminal with the integrated risk management and analytics. Receive access to over 80 exchanges around...
 
Ryan L Johnson #:

For years, I've often wondered why MT5 doesn't natively support markets/exchanges outside of OTC markets.

Actually it does, but it's far from free:

Ryan, that is a bit like saying Bloomberg supports global markets, but it is not free. Of course it is not.

MT5 natively supports exchange traded markets. What costs money is the institutional infrastructure around it, plus exchange access, market data, clearing and brokerage.

So saying "it is not free" does not really tell us much. The real question is whether the cost is competitive for what it provides.