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MT4 vs MT5: Which Platform Should You Use?
2:43 · 7 chapters · Forex lessons, part 110
What you'll learn
MT5 wins on features, but MT4 still rules in Asia. Your tools, not the platform, should decide.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- How MT4 and MT5 compare on timeframes, order types and the calendar
- Key point 2
- Why copy trading, Expert Advisors and tutorials keep traders on MT4
- Key point 3
- How to choose: let your tools decide, otherwise MT5 is the better default
- Key point 4
- Why MT4 EAs don't run on MT5 and what moves when you switch
- Key point 5
- Hedging vs netting mode, and why a broker's licence matters more
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.