MT4 vs MT5, which one gives a better exposure to profitable trading?

<p id="isPasted">MT4 vs MT5: Key Differences</p><p>Let’s compare the features of MT4 and MT5 platforms:</p><p>&nbsp;<strong>&nbsp; &nbsp;Feature &nbsp; &nbsp;</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <strong>&nbsp; MetaTrader 4 &nbsp; &nbsp;</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <strong>&nbsp; MetaTrader 5</strong></p><p><strong>Market Access</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Primarily Forex and CFDs &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Multiple markets including Forex, CFDs, Stocks, &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Futures, and Bonds</p><p><strong>Timeframes &nbsp;</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;9 timeframes &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 21 timeframes</p><p><strong>Technical Indicators&nbsp;</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 30 built-in indicators &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;38 built-in indicators, plus custom indicators</p><p><strong>Programming Language</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;MQL4 - simpler but limited &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;MQL5 - more powerful, object-oriented</p><p><strong>Trading Strategy&nbsp;</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Hedging system &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Available hedging and netting systems&nbsp;</p><p><strong>Economic Calendar &nbsp;&nbsp;</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Not included &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Built-in economic calendar</p><p><strong>Chart Types</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3 types (Bar, Candlestick, Line) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;3 types (Bar, Candlestick, Line)</p><p><strong>System Requirements</strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Lower system requirements, runs &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Higher system requirements,&nbsp;</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;smoothly on older hardware &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; optimized for modern hardware&nbsp;</p><p><strong>Community &amp; Resources</strong>&nbsp; &nbsp; Larger community, more EAs and &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Growing community, newer&nbsp;</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;custom indicators available &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;but less extensive resources&nbsp;</p><p><br></p><p><strong>MT4</strong> and <strong>MT5</strong> represent different generations of trading technology, each with its own strengths. While <strong>MT4</strong> continues to be the preferred choice for forex traders due to its simplicity and extensive community support, <strong>MT5</strong> offers more advanced features and broader market access. The choice between the two often depends on your specific trading needs – <strong>MT4</strong> excels in forex-focused trading with its proven reliability, while <strong>MT5</strong> is better suited for traders who want to access multiple markets and leverage more advanced analytical tools.&nbsp;</p><p><br></p><p id="isPasted">The choice between MT4 and MT5 ultimately depends on your specific trading strategies, goals and preferred markets. If you're primarily focused on forex trading and want a platform with proven reliability, extensive community support, and a vast library of trading strategies, MT4 remains an excellent choice. Many traders start with an&nbsp;MT4 demo account&nbsp;to master the basics of forex trading and take advantage of its simpler interface and lower system requirements.</p><p>However, if you're looking to diversify across multiple markets and need advanced analytical tools, MT5 offers a more comprehensive solution. The platform's superior technology, broader market access, and enhanced features make it particularly appealing for modern traders who want everything in one package. Before making your decision, it's worth testing both platforms. Remember, there's no universally "better" platform – the right choice depends on your individual needs, experience level, and trading objectives.</p>