Trading Platform

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Thread: Trading Platform

  1. #11

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    Yea good platform raises you confidence in trading and it helps you as the more user friendly it ease the more comfortable you are while trading.

  2. #12
    Junior Member Refuser's Avatar
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    What do you think, which platform is best, MT5 or MT4, in terms of functionality and reliability?

  3. #13
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    Quote Originally Posted by Refuser View Post
    What do you think, which platform is best, MT5 or MT4, in terms of functionality and reliability?
    mt4 is the best way for forex trading, all brokers have this terminal

  4. #14
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    I also like mt4, but it seems to me that the future is for MT5 due to its functionality and novelty

  5. #15

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    As far as I know from my own experience, MT5 has a quite good feature list. Moreover there are much more functions and different useful things for traders. But it also has a disadvantage, you can't open local deals on MT5, there is simply no such function. It's a huge disadvantage for me.

  6. #16
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    Why do most traders recommend trading with MT4 platform rather than the latest platform, which is MT5. What are the advantages of using an MT4 platform?

  7. #17
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    Quote Originally Posted by Mason View Post
    Why do most traders recommend trading with MT4 platform rather than the latest platform, which is MT5. What are the advantages of using an MT4 platform?
    Before MT5 was released, most traders were comfortable with the MT4 and switching to another platform was complicated for certain traders; hence many traders prefer trading with the MT4 than the MT5.

  8. #18
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    Both have their own advantage. The MT4 is simple, and the main purpose is mostly forex, whereas the MT5 is advanced and designed to provide traders with access to CFDs, stocks and futures.

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