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MT4 vs MT5: Understanding the Key Differences
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two of the most widely used trading platforms in global financial markets, each offering distinct advantages for different types of traders. While MT4 is known for its simplicity, strong community support, and dominance in forex trading, MT5 introduces a more advanced architecture, faster performance, and multi-asset trading capabilities. This article explores the key differences between MT4 and MT5—including platform performance, asset coverage, technical tools, and trading flexibility—to help traders choose the platform that best matches their trading goals and experience level.