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Q&A14d ago788

Should I trade forex using MT4 or MT5?

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Trading Wolf

@trading_wolf

My broker offers both MT4 and MT5. Which one is better for forex trading?

#forex

2 Answers

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Price Action Pro✓ Best Answer14d ago

MT4 is still the industry standard with the largest library of EAs and indicators. MT5 offers more timeframes, more order types, and a built-in economic calendar.

WA
Wolf Alpha14d ago

For manual trading, MT5 is objectively better. For algo trading, MT4 has the larger ecosystem of existing EAs. Most serious traders I know have moved to MT5.

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