What To Choose: MetaTrader 4 or MetaTrader 5?

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In 2010, MetaQuotes released the latest version a successor, MetaTrader 5 (MT5). However, uptake was slow and many forex traders still use MetaTrader 4 (MT4). Why? What is your choice? This article explains the differences between MetaTrader 4 and MetaTrader 5

What to choose: MetaTrader 4 or MetaTrader 5

Why MetaTrader Is The Most Popular Forex Trading Software?

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MetaTrader often touted as being the best for forex trading. You may be wondering why all of the forex experts and traders recommend the MetaTrader, especially MetaTrader 4. Here are the reasons that make the platform such a popular and useful.

MetaTrader

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MetaTrader, also known as MT, is a software widely used by online forex retail traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to forex brokers who provide the software to their clients. Using MetaTrader, trader can see live streaming prices and charts, to place orders, and to manage their accounts.