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Oct 3, 2024 · Can I use both MT4 and MT5? Yes, you can use both MT4 and MT5, so long as your broker of choice is licensed by MetaQuotes Software to offer the full MetaTrader platform suite.
Oct 15, 2024 · The developer remains tight-lipped about just how many forex traders use a version of either platform but did share that MT4 claims over 16 million users. MT5, on the other hand, recently became more popular with brokerages.
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Jun 7, 2021 · MetaTrader 5 has become the most popular trading platform. The number of companies using MetaTrader 5 has exceeded the ones using MetaTrader 4 in June 2021. This is an expected result since the trading platform is constantly evolving, becoming even more powerful.
Sep 23, 2024 · Can You Use Both MT4 & MT5? Before making an MT4 vs. MT5 decision, traders should know they can use both trading platforms from the same device. Many well-established Forex brokers offer MT4 and MT5, while newer entrants into the competitive brokerage scene rely solely on MT5.
MT4 uses MQL4, while MT5 uses MQL5, programming languages that are used for coding indicators and Expert Advisors (EAs). Highlights and Key Takeaways
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two of the most widely used trading platforms in the world, developed by MetaQuotes Software Corporation. They are popular among traders and brokers alike due to their user-friendly interface, advanced charting capabilities, and customizable features.
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Sep 18, 2024 · MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two of the most popular trading platforms in the world, each offering unique features and capabilities. MT4 was designed and developed by Meta quotes for forex and futures trading.
