Is it ok to run both MT4 and MT5 side by side, or should I convert MT4 to MT5 or vice versa?
1 Answer
<p id="isPasted">Yes, it's perfectly fine to run both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) side by side. You can use them both concurrently if your broker supports both platforms, and you have the necessary accounts for each platform. You don't need to convert one to the other; you can use them independently. </p><p>Here's why you can run them together:</p><p>Separate Platforms:</p><p>MT4 and MT5 are distinct trading platforms, each with its own codebase and functionality. </p><p>Account Compatibility:</p><p>Your trading account is either MT4-based or MT5-based, and you can't switch between them. You can have both types of accounts if your …</p>