How outdated is MT4?

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lolapaluuza

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  • 47 posts
Hier ŕ 15:01
I heard about brokers using MT4 a few years ago when I first tried to learn about Forex trading. Now there’s MT5, but it’s surprising that MT4 platforms are still widely in use. Is it even worth considering them?

okichacha

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Hier ŕ 15:43
Why use the previous generation when there’s a newer version available? Personally, I’m in favor of MT5 and Forex brokers that use this platform.

rcnrlla

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Hier ŕ 16:36
Both MT5 and MT4 have their unique features and advantages. Yes, MT5 is newer and has more functionality, but I don’t think MT4 and brokers using it should be written off. There is still a wide range of Forex brokers working with MT4, as listed here https://www.intelligentliving.co/top-forex-brokers-who-use-mt4-metatrader-4/, and they seem well-suited for achieving good results. MT4, despite being less advanced, is surprisingly still an optimal choice for beginners.

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