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Doo Prime Capital Trading Platforms Comparison: MT4 vs MT5

Doo Prime provides a variety of reliable trading software and a variety of popular software to help traders open a professional and convenient trading experience.。This article will focus on the differences between MT4 and MT5 trading platforms in the Doo Prime application.。

Doo Prime 德璞资本 MT4 vs MT5

Doo Prime provides a variety of reliable trading software and a variety of popular software to help traders open a professional and convenient trading experience.。In addition to the most common and user-intensive MetaTrader 4 and MetaTrader 5 platforms, the broker also offers Doo Prime InTrade (a professional trading platform with mobile terminals as the core) and TradingView (a new generation of HTML5 trading platform).。

According to the broker's official website, all the platforms it offers are FIX API 4.4 is a communication standard to realize the interconnection of financial data between platforms and facilitate them to expand their business to all parts of the world and open up the international market.。

This article will focus on the differences between MT4 and MT5 trading platforms in Doo Prime applications. Please select and apply them according to your specific conditions and needs.。Before using, it is recommended that you use a demo account to familiarize yourself with the usage of each platform。

Doo Prime :MT4 vs MT5

trading market

In a volatile trading market, customers give priority to the types of financial products that can be traded in the market before trading, and the number of instruments traded also affects traders' observation and choice of the market.。

And to the trading process, there are a variety of options such as stocks, futures and bonds traded on the exchange, and the availability of exchange data greatly affects the trader's review and learning of each trade, which is related to the performance of the next trade.。

MT4 MT5
Market CFDs CFDs, futures, stocks, bonds
Trading varieties 1024 Tens of thousands
Exchange trading None 有有
Exchange Data None 有有

trading mode

Pending order is a conditional order, which executes a financial product at a certain price under the premise of the customer's preset time and conditions, the two most basic types are limit orders and stop-loss orders.。

The depth of the market shows the best buy and sell quotes and trading volumes for a particular financial instrument at the same time, and traders can observe this data at any time and use it as a reference to execute trades.。

On trading platforms, two position settlement systems are usually supported: hedging and net position。Generally speaking, hedging is the simultaneous conduct of two market-related, opposite direction, equal quantity, profit and loss offset trade, it refers to the investment that deliberately reduces the risk of another investment, so that the trader can still be active in the investment while reducing the risk; net position refers to the difference between the long and short positions held by the trader in the market.。

MT4 MT5
Pending Order Type

Limit buy, buy stop loss

Limit Sell, Sell Stop Loss

Limit buy, buy stop, limit buy stop

Limit sell, sell stop loss, limit sell stop loss.

Depth of Market None 有有
position account system Hedging Hedging, net position

Order Execution

Usually, after a trader places an order, the speed of trading is affected by the type of order execution。Immediate execution means that the broker executes the order at the trader's specified price, and does not execute the order if the specified price is not reached; request execution means that the order is executed at the previous price obtained from the broker, and the trader can accept the price or reject the order; market execution means that the broker decides to execute the order without negotiating the price with the trader.。

Among them, the partial order execution policy is a partial editing option, which means that a single transaction is executed in the maximum tradable volume, not exceeding the quantity required in the order, and the unexecuted portion is cancelled.。Order execution policy is an additional order execution condition。

MT4 MT5
Order Execution Type

Immediate execution, request execution, market execution

Immediate execution, request execution, market execution, exchange execution
Partial Order Execution Policy None 有有
Order Execution Policy

All deal or cancel

All deal or cancel

Deal immediately or cancel

Withdrawal

Chart Indicators

In the complex and volatile trading market, the auxiliary analysis of charts and indicators is a good partner for traders.。Technical indicators are used to automatically discover patterns in the dynamic price movements of financial instruments; graphical objects help determine the price patterns of price trends of financial instruments, discover cycles and support or resistance levels, form channels, etc.; and time periods enable the time intervals between quoted groups of financial instruments.。

With the addition of the above tools, traders can gradually explore the rules in the dynamic market, adapt to the ups and downs of the market, and profit from the trading model that suits them.。

MT4 MT5
Technical indicators 30 38
Graphic Objects 31 44
Time period 9 21

Auxiliary functions

In the MT4 and MT5 platforms, a variety of commonly used and effective auxiliary functions are integrated: economic calendar is a fundamental analysis tool, showing macroeconomic news that may affect the price of financial instruments in various countries; email system is through the built-in email service, directly on the platform to get Doo Prime notifications; built-in MQL5.Community chat, on the other hand, brings together a large number of traders into a community that can discuss trading with other investors directly on the platform。

MT4 MT5
Economic calendar None 有有
Email System Yes (no attachments) Yes (with attachments)
Built-in MQL5.Community Chat None 有有

Automated trading

With automated trading, traders don't have to stare at the trading interface all the time, but automate trading through a variety of strategy testers, such as EA testers and optimization modes, making it more suitable for busy office workers in the city.。In terms of programming languages, MT4 and MT5 use different MQL4 and MQL5 respectively, making their platforms run more smoothly and quickly.。

MT4 MT5
Programming Language MQL4 MQL5
Policy Tester single thread Multi-Thread + Multi-Currency + Actual Quote

System Configuration

Stability is divided into cold backup and hot backup, they are two categories of server backup configuration, in the event of an irresistible failure to switch in different ways in a timely manner to ensure the stability of the trading environment, while the capacity refers to the trading platform can accommodate the number of online transactions at the same time, within a limited scale, the trading platform can run quickly and smoothly.。

MT4 MT5
Stability Cold backup, only cold switching after failure Hot backup, hot swap at any time after failure
Capacity Thousands of people hundreds of thousands of people

Conclusion

As a leading financial trader, Doo Prime is committed to providing traders with comprehensive, thoughtful and three-dimensional services, not only a variety of financial products to choose from, but also a variety of popular and reliable trading software, with traders to open professional, convenient trading experience.。

Among them, MT4 and MT5 are the most popular and new generation of trading software, and in addition to these two trading platforms, traders can also apply Doo Prime InTrade and TradingView.。

Doo Prime truly achieves "one-click investment in the world," only one account, you can invest in securities, futures, currency pairs, precious metals, commodities and stock indices and other products, speed trading more than 10,000 CFDs products, easy to shuttle 6 markets, seize global opportunities.。

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