Thread: When to upgrade to MT5?

I have been trading only for a month or two and have experienced the most success using an MT4 platform. I am wondering if upgrading (and going to the hassle of setting it up) is something I want to spend some time on? Anyone using MT5 and seeing advantages over MT4?

Intense, MT5 can't be hedged with by you? Isn't that up to this broker?

Because most broker still dont encourage MT5 however and there is not much of a big difference for non-EA traders involving MT4 and MT5, I'd stick with MT4.

Originally Posted by ;

Serious, you can not hedge with MT5? Isn't that up to the broker?

There is absolutely not any way you can keep two positions in contrary direction in one currency pair in MT5.

Originally Posted by ;

there isn't any way you can keep two positions in opposite direction in 1 currency pair in MT5.

This is one major reason MT5 has not been widely accepted.

Thanks. I will return to learning more about EA's

Yes in MT5 a Single cann't hedge because MT5 is programmed to comply with CFTC Principles and this is among the reasons why traders Won't Ever be profitable Utilizing MT5

Originally Posted by ;

why traders won't ever be profitable utilizing MT5

Is it a joke?

Okay In that case I won't ever upgrade to mt5

Originally Posted by https://www.nigeriaforextrading.com/...g-average.html
why traders won't ever be profitable utilizing MT5

It is not a joke enivid you will lose nearly all of your money trading with MT5, you can simply open a demo with any broker to check it and compare the excecution works in MT5 using MT4.