What's the difference between MT4 & MT5?

[vice]

I've seen this two ways to trade, but I wonder what's the real difference?

 

[TradingKnowledge]

Happy to help you, this is one of the first questions I ever had, it's a great one!

Answer:

While MT4 has four types of pending orders available, MT5 introduces 2 additional pending order types. These allow limits to be placed on conditional orders. This gives you more control over stop-loss orders. MT5 has 21 different timeframes, compared to MT4's 9 timeframes.

 

[TradingMonster]

MT4 is basically the "original" MetaTrader software ... MT5 is "new and improved", but comes with some drawbacks (like most new softwares).

MT5 has much better testing and optimization tools available, including more detailed output (for EAs). MT4 is more rigid, but generally regarded as more stable, largely because it's been around longer.

Then, of course, each one has it's own mobile app on iOS and Android, and is mostly a matter of personal preference.

Note that there are a lot more EAs available for MT4 than MT5, but that will probably continue to balance out as time goes forward.

 

[BCRypto]

It's almost the same thing TBH

 

[vice]

It's almost the same thing TBH

lol, ok thanks buddy