MT4 or MT5 for a beginner?

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MT4 or MT5 for a beginner?

Berichtdoor Bronn » Vr 22 Nov 2024, 12:59

As you understand, I decided to fully dive into Forex trading, knowing in advance that it wouldn’t be easy, but I’m also very ready to figure things out and trade successfully. Not long ago, I thought there were only Forex brokers, but now I’ve found information that there are also trading platforms like MT4 and MT5, and choosing between them should be done wisely. So, do you have any recommendations, opinions, or advice? I’m ready to accept anything.
Bronn
 
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Geregistreerd: Di 02 Nov 2021, 17:15

Re: MT4 or MT5 for a beginner?

Berichtdoor MarkUltra » Vr 22 Nov 2024, 13:18

I only know that these trading platforms are kind of like a set of tools and functionality on which Forex brokers operate. It seems that it makes sense to first understand the functionality of trading platforms and then look for MT4 and MT5 brokers.
MarkUltra
 
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Geregistreerd: Wo 03 Nov 2021, 11:36

Re: MT4 or MT5 for a beginner?

Berichtdoor TonySmit » Vr 22 Nov 2024, 14:25

I’ve read that MT4, as the older version, is more suitable for beginners since the functionality is simpler, and in general, there are fewer tools and other features that don’t overwhelm a newcomer. But I would still choose an MT5 broker right away. I also found a good guide from SBToolkit https://www.sustainablebusinesstoolkit. ... atrader-5/ on choosing a broker, and it has a list of the best MT5 brokers at the moment, their functionality, and unique offers in the Forex market.
TonySmit
 
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Geregistreerd: Wo 03 Nov 2021, 11:20


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