MT4 and MT5 are the two most popular trading platforms in the industry, but if you use Exness trading, which one is better?？

When registering with a broker, you must select a trading platform。The ideal trading platform usually has analytical tools, fast trade execution and other functions.。Each broker offers a different platform for traders to choose from, so you need to first understand the services they offer。

In Exness, you can choose two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Although both are developed by the same company, they are actually very different, and each has its own advantages and disadvantages。

About MetaTrader 4

Released in 2005, MetaTrader 4 has become one of the most popular trading platforms in the world thanks to its ease of use and high flexibility.。Due to its popularity, it is usually regarded as an industry standard, so almost all well-known brokers can connect to MT4 directly or through internal platforms。

MT4 provides an opportunity for all types of traders to start trading quickly, regardless of trading style and level of expertise。The platform is very simple and user-friendly, and also offers a range of trading features to help traders achieve their investment goals。This includes charts, expert advisors, trading signals and trading indicators。In addition, there are financial news updates and notification services to ensure that traders are always aware of the market'sLatestDYNAMIC。

About MetaTrader 5

MetaTrader 5 was released in 2010 and quickly became a powerful trading platform for the industry, similar to MT4.。However, there is a common misconception that MT5 is just an improved version of MT4.。In fact, MT5 has some features that MT4 does not provide。The platform focuses more on technical capabilities and functional upgrades, not only for currency trading, but also for all types of futures, stocks, etc.。

Compared with MT4, MT5 basically provides more advanced features, from better tools to more technical indicators and trading types, thus allowing traders to explore more things and diversify their portfolios through various advanced trading techniques。

MetaTrader 4 & MetaTrader 5

Before making a choice, it is important to understand the characteristics of each option。First, let's talk about the similarities between MT4 and MT5:

• Trading instruments, including forex pairs, metals, cryptocurrencies, indices, energy and stocks
  infinite leverage
  Available Hedging Systems
  Demo accounts (except standard cent accounts)
  Instant execution and market execution
  EAs, Scripts, and Metrics
  For Windows, macOS, and Linux

The main differences between the two platforms are as follows:

Choose which one？

We can conclude that MT4 and MT5 have essentially different uses, and it is difficult to say which platform is better than the other。For Forex and CFD traders, MT4 is still better; while MT5 targets different markets, such as stocks, commodities and futures。The MT4 user-friendly interface makes the platform accessible to any trader, including those with little to no trading experience.。At the same time, MT5 offers a wider range of advanced tools, more suitable for experienced traders。

Once you open an MT4 account in Exness, you will not be able to use MT5 with MT4 credentials and vice versa。Therefore, if you want to use both MT4 and MT5, you must open a separate trading account on each platform.。

Exness is a Forex and CFD broker offering clients trading across multiple markets with the industry's most stable and reliable pricing, including spreads as low as 0 pips and 1: unlimited maximum leverage。