Differences in Metatrader 4 and 5 Which one to choose?

Differences in Metatrader 4 and 5 Which one to choose?

The difference between 4 and 5 metatraders– Trading platforms that are very popular in the world and are almost used by all forex trading brokers, namely Metatrader 4 (mt4) and Metatrader 5 (mt5). So which is better Metatrader 4 or 5? Well, in this discussion, we will explore more deeply about these two trading platforms based on their functions and uses.

Trading experience with ea forex robot

Metatrader 4 vs Metatrader 5

A very prominent difference between the two is that in mt5 it is discontinued to use the hedging method or to open buy and sell positions simultaneously with similar lots. This is related to regulations from the United States which do not allow hedging or locking. Meanwhile, MT4 can implement a hedging system. So mt5 was actually developed for a market segment in the United States that prohibits hedging techniques. But its development now, there are many brokers in Indonesia using mt5, because they are considered to have more sophisticated features. Though the important point is not that, but the reason is that mt5 has the opposite function. For brokers who include market instruments such as CFDs, stock futures, and cryptocurrencies, the use of mt5 is highly desirable.

In terms of programming language, these two platforms are completely different, mt4 uses mql4 and mt5 uses mql5. Both platforms support the use of robots or eas (expert advisors). But the program is of course completely different so the robots used in mt4 cannot be used in mt5, and vice versa. Only according to several sources, that for the use of robots, mt5 has better performance than mt4 because it is supported by more sophisticated features. But I can't comment further the reason is that until now I still can't switch from mt4. Maybe like most other traders from Indonesia.

Which is cuter metatrader 4 or 5

So far mt4 is still very popular for trading forex and commodities such as gold, silver, and oil. And it is still almost used by some traders of these market instruments. But some have started switching to mt5 because they want to trade with different market instruments, namely trading in CFDs, stock futures, or cryptocurrencies. Not the reason because mt5 is more updated than mt4. Another reason traders don't move to mt5 is because they are already comfortable with the mt4 platform, and the most important thing is that there are no obstacles while using the platform. When comparing mt4 vs mt5, the most prominent difference is in terms of function and usability. So now, what do you think, traders, choose metatrader 4 or 5? For those who are familiar with mt4 for forex and commodity trading, then this platform is the best. Because the advantages of Metatrader 4 in terms of habits and facilities in trading are not in doubt. But for those who want to learn about stocks and cryptocurrencies then switching to mt5 is the best choice.

For trading friends who have not yet tried the mt4 or mt5 platform, you can login to their favorite broker. Forexample, if you use fbs or octafx brokers, login to the dashboard and download the trading platform platformwhich are suitable.

Until here the article about the difference between metatrader 4 and 5, to be useful for all trader friends.

Source:

https://id.wikipedia.org/wiki/MetaTrader_4

https://www.metaquotes.net/en/company

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