Some new to forex trading may have seen MT4 or MT5 words on pages or in discussions but may not realize what they were about. While the many acronyms used in the forex industry can scare beginners, it’s straightforward in MT4 and MT5. MetaQuotes is widely known for two platforms for online forex trading: MetaTrader 4 and MetaTrader 5. More generally, these platforms are referred to as MT4 and MT5, respectively. We decided to give our MT4 vs. MT5 contrast because both platforms vary in several respects, such that brokers…
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