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MT4 vs MT5 Comparison on FBS – Which Platform to Choose?

Creation date: Mar 26, 2025 5:37pm     Last modified date: Mar 26, 2025 5:37pm   Last visit date: Dec 17, 2025 1:25pm
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Sep 2, 2025  ( 4 posts )  
9/2/2025
7:55am
Maximilian Hohenzollern (maximilianhohenzollern)

I’d focus not on just finding an online forex course, but trying to choose something like mentorship. When you’re not just reading some textbook about forex, but you have a mentor who explains everything, shows it in practice, offers all kinds of tools and stuff. In short, trading mentorship. I had a good experience with WR Trading, and the mentors there set up the learning system really well, focusing on practice. There’s also a trading simulator and WR Trading calcularots you can keep using later. Of course, basic info like the difference between one platform and another is also included in the course.

9/2/2025
6:13am
Grey Fendy (greyfendy)

If I take some forex course, they’ll explain the difference between brokers and platforms, right? I feel like at least for building that kind of base, it’s worth holding off on the first trades and focusing on learning. But only if the course is good.

9/2/2025
5:29am
Chacha F (charlieflint)

Well, you got it right. When I started with forex, I was confused about this too, because when they say you need to pick both a broker and a platform like MT4 or MT5, or other options, it usually means that the same broker, like FBS for example, can offer several platform options at once.

9/2/2025
5:01am
John Snott (johnlauwss)

Am I right that MT4 and MT5 are not brokers themselves, but more like platforms, tools, something through which I execute trades? It’s a bit hard for me to get the difference, because in articles they often write that you need to choose both a broker and a platform, and I always thought it was the same thing.

Mar 26, 2025  ( 1 post, 1 reply Nov 16, 2025 )  
3/26/2025
5:37pm
Since Nguyễn (sincenguyen): edited 3/26/2025 5:42pm
When it comes to online trading, choosing the right platform is crucial for success. Two of the most popular trading platforms are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both offered by FBS, a globally recognized broker.
If you're wondering which one suits your trading needs best, this comprehensive comparison will help you make an informed decision.

Understanding MT4 and MT5

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Before diving into the comparison, it’s essential to understand the key features of both platforms.

MetaTrader 4 (MT4)

FBS metatrader 4 has been a staple in the trading community since its release in 2005. It is primarily designed for forex trading and is favored by traders who rely on Expert Advisors (EAs) and technical analysis.
Key Features of MT4 on FBS:
  • User-Friendly Interface – Ideal for beginners and experienced traders alike.
  • Advanced Charting Tools – Multiple timeframes, indicators, and drawing tools for technical analysis.
  • Automated Trading – Supports Expert Advisors (EAs) for algorithmic trading.
  • Secure and Reliable – Encrypted data transmission ensures secure transactions.
  • Low System Requirements – Runs smoothly even on low-end computers.

MetaTrader 5 (MT5)

MT5 was introduced in 2010 as an upgraded version of MT4, featuring enhanced functionalities. While it still supports forex trading, it is designed to cater to a broader range of financial instruments, including stocks and commodities.
Key Features of MT5 on FBS:
  • More Order Types – Includes Buy Stop Limit and Sell Stop Limit orders for greater control.
  • Economic Calendar – Integrated calendar for fundamental analysis.
  • Improved Charting Tools – Additional timeframes and technical indicators.
  • Faster Execution Speed – Optimized for high-frequency trading.
  • Hedging and Netting – Offers both order accounting methods.
>>> See more: https://magic.ly/sincenguyen/What-is-MT4-FBS-Detailed-Installation-and-Usage-Instructions

MT4 vs MT5 – A Detailed Comparison on FBS

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MT4 vs MT5 – Detailed comparison on FBS according to the following factors:
Trading Instruments
  • MT4: Primarily supports forex trading.
  • MT5: Supports a wide range of assets, including forex, stocks, commodities, and indices.
Order Execution & Trading Features
  • MT4: Features four types of order execution and simple market depth.
  • MT5: Supports six types of order execution, market depth, and a built-in economic calendar.
Technical Indicators & Charting Tools
  • MT4: Comes with 30 built-in technical indicators and nine timeframes.
  • MT5: Offers 38 indicators, 21 timeframes, and an improved strategy tester.
Automated Trading & Expert Advisors (EAs)
  • MT4: Allows for robust automated trading with Expert Advisors (EAs) via MQL4.
  • MT5: Offers enhanced automated trading with MQL5, which is more powerful and flexible.
Hedging and Netting
  • MT4: Supports hedging but does not offer netting.
  • MT5: Supports both hedging and netting options, providing more flexibility for traders.
Platform Speed & Performance
  • MT4: Runs on a single-thread, making it slightly slower than MT5.
  • MT5: Uses multi-threading, allowing for faster trade execution and better performance.
User-Friendliness & Accessibility
  • MT4: Simple and easy to use, making it ideal for beginners.
  • MT5: More complex but offers advanced features that professionals might prefer.
>>> See more: https://penzu.com/p/f419a049551c9a59

Which Platform to Choose on FBS?

The choice between MT4 and MT5 on FBS depends on your trading style and objectives:
  • Choose MT4 if: You primarily trade forex, rely on EAs, and prefer a straightforward platform.
  • Choose MT5 if: You want to trade multiple asset classes, use advanced trading tools, and need faster execution.

Why Trade with FBS?

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Regardless of whether you choose MT4 or MT5, FBS provides a seamless trading experience with:
  • Regulated and Trusted Broker – Licensed in multiple jurisdictions.
  • Competitive Spreads & Leverage – Attractive trading conditions for all traders.
  • Educational Resources – Free webinars, tutorials, and market analysis.
  • Excellent Customer Support – 24/7 multilingual assistance.
Both MT4 and MT5 on FBS are excellent platforms, each catering to different trading needs. If you’re a beginner or prefer forex trading with EAs, MT4 is a solid choice. If you’re looking for more advanced features, asset diversity, and better execution speeds, MT5 is the way to go.
Contact information:
  • Email: sincenguyenxoso@gmail.com
  • Phone number: 092 098 2310
  • Address: Ho Chi Minh City, Vietnam
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11/16/2025
12:46pm
Amanda Harrison (cerlinmarry)

Hola, llevaba un tiempo intentando ahorrar para un portátil nuevo y cada mes pasaba algo que me dejaba sin nada, así que cuando un amigo mencionó spino gambino me animé a probar sin demasiadas expectativas; al principio tuve una racha mala en Starburst, luego subí un poco la apuesta y me cayó un premio que me devolvió el ánimo, y los bonos pensados para jugadores de la región Español ayudan bastante; por eso ahora lo recomiendo cuando surge la conversación.