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Press / to searchMT4 vs MT5 — which to choose
If you're undecided, pick MT5. It's more modern and adoption keeps growing. Pick MT4 only if your requires it or you have existing EAs.
| Aspect | MT4 | MT5 |
|---|---|---|
| Language | MQL4 | MQL5 |
| Order types | Classic forex/CFD orders only | More granular orders, netting or hedging position management |
| Backtesting | Good, simpler | Advanced — multi-symbol, more accurate |
| Broker adoption | Still common, retail de facto standard | Growing — some brokers now prefer it |
| EA compatibility | .mq4 EAs don't run on MT5 | .mq5 EAs don't run on MT4 |
| Recommendation | If your broker offers both, pick MT5 for the advanced features | Pick MT4 only if your broker requires it or you already have .mq4 EAs to test |
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