MT4 Vs. MT5 #infographic

 MT4 Vs. MT5 #infographic

Forex traders have a preference which platform to use for trading. Nevertheless, this option is interlinked with Forex broker choice, since not every type of trading platform is provided by each broker. In addition, certain brokers do not have full compatibility with certain Forex trading sites, but offer access through a bridge, which is a piece of software that connects the dealing device of a Forex broker to the network. This can work satisfactorily but it can adversely affect trade execution and management if the bridge malfunctions or is late.

The trading platform Metatrader 4 is very well known and can certainly be said to set industry standard. I have never seen a Forex broker offering trading either directly through the platform or through an in-house bridge to the platform, though this may be at the expense of a slightly higher spread and/or commission. The Metatrader 5 trading platform, though developed by the same company (the Cyprus based MetaQuotes Software Corporation), is somewhat less widely offered. We need to take a closer look at the platform to understand why that is the case. See our list & reviews of top MT4 Forex brokers.

 MT4 Vs. MT5 #infographic

infographic by: www.dailyforex.com

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