MT4 vs MT5 — What are the differences?
MT5 is substantially greedier for disk space, demanding more than three times its predecessor’s footprint on your PC or VPS, significantly affecting download/installation times and VPS allowance. MT4 is lighter and provides many of the same functions as MT5, so might be more desirable to those looking for a more nimble platform.
With that being said, MT5 does offer some noticeably better features, including more sophisticated analytical tools and graphs, more timeframes and generally more trading instruments and methodologies.
We leave the decision to you, but should you have any questions, get in touch for some expert advice on platform selection.
|MetaTrader 4||MetaTrader 5|
|Pending Order Types||4||6|
|Depth of Market|
|Strategy Tester||Single thread||Multi-threaded
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