I. Introduction

Analyze the main differences between MT 4 and MT 5, and deeply discuss the characteristics and advantages of the two trading platforms, which will help investors make better decisions. Here, JRFX will compare them in terms of interface design, functional features, system performance, trading varieties, charts and technical analysis, risk management tools, etc., to promote investors' comprehensive understanding and improve their overall understanding of the software.

2. Pictures

3. Software Introduction

MT4

MT 4 is a Forex and CFD trading platform for trading and analyzing financial markets, providing traders with access to advanced trading operations in a fast, safe and reliable environment. Due to its powerful features, it has become one of the more popular trading platforms among trading professionals. Investors can download MT4 through the JRFX trading platform in order to smoothly carry out trading activities.

MT5

MT 5 is also a financial trading software written by MetaQuotes platform (Company), which was released relatively late. It aims to provide financial intermediaries with a trading platform for their customers to trade financial products such as foreign exchange, CFDs, stocks and futures. Including various trade execution functions, unlimited charts, a large number of technical indicators and curves, custom indicators and s, and the MT5 platform provides built-in automated trading markets, freelance strategy developer datas, copy trading and virtual hosting (Forex VPS ) and other services are also favored by some traders!

4. Platform comparison

1. Interface design

·MT4 interface design

The MT4 interface is divided into multiple windows, each window displays different content. For example, the Market Monitor window displays prices and other relevant information for tradable assets , while the Chart Window provides more detailed historical price data and technical indicator analysis tools. Traders can flexibly adjust the MT4 interface according to their own trading style and needs.

For market beginners, MT4’s page design is simple and clear, its operation interface is relatively intuitive, and its main functions such as trading orders, account assets, and market quotes are clear at a glance. By borrowing the indicator tools in the MT4 software, users can quickly grasp market trends and accurately capture market opportunities.

Using the MT4 platform, traders can easily view their trading history. In the terminal window, you can find the transaction history tab to view the details of each transaction order, such as transaction date, opening price, stop loss price, take profit price, etc.

· MT5 interface design

In comparison, MT5's page design is more complex, providing more functions and detailed trading statistics. MT5 also adds a community chat function where users can interact with other investors. Investors can experience a simpler and easier-to-use operating interface through MT5 .

For investors, MT5 has an economic calendar built into the platform, which is an ideal choice for their fundamental analysis. It can quickly and efficiently extract effective market information, saving trading time and experience. In addition, through MT5 people can also You can see automatic order history on a single index chart. In addition, it has a short automatic order history, which helps investors see relevant information directly on a single index chart for better investment review.

2. System performance

· MT4 system performance

The service performance is stable, with almost no screen delays, interruptions or system failures, which greatly ensures the smoothness of investors' trading processes. In addition, the MT4 software runs robustly and can add different indicator parameters to the original data without causing system rejection or lag.

The application performance is mature and perfect, and it is highly popular. It can be switched back and forth between Chinese and English. Moreover, MT4 itself has diverse functions, with 9 trading period chart options, 30 built-in technical indicators and 24 graphical tools. It can display real-time prices of various futures such as spot gold and spot silver in real time, allowing investors to see changes in market trends at the first time. , at the same time, MT4 software also has stop-loss and stop-profit functions. Investors can set the ideal area according to the order price to ensure the safety of principal.

·MT5 system performance

Compared with the 32-bit MT4 software and a dedicated server configuration, MT5 has 64-bit and 4 independent servers, namely Access Server, Trade Server, History Server and Backup Server. Server).

MT5 also has some other features, such as supporting simultaneous login of multiple versions, supporting simultaneous viewing and trading on mobile phones, computers, tablets and other devices, and providing intelligent trading systems (EA), etc. In addition, MT5 also comes with a financial calendar function, allowing investors to query fundamental economic data and international events directly on the trading software. MT5 supports bilingual search in Chinese and English, making it convenient for Chinese investors to use.

3. Trading varieties

· MT4 trading varieties

MT4 supports a wide range of trading varieties, including foreign exchange, precious metals, energy products, stock indexes, U.S. dollar index, etc. At the same time, in the foreign exchange market, MT4 can trade multiple currency pairs, such as USD/JPY, EUR/USD, etc. In addition, MT4 also supports trading precious metals, such as gold, silver, etc. In terms of energy products, MT4 can trade U.S. crude oil, Brent crude oil, natural gas, etc. At the same time, MT4 can also trade stock index and US dollar index. In addition, MT4 also provides some other trading varieties, such as platinum, palladium, Brent crude oil, etc.

Therefore, in the MT4 trading software provided by JRFX, customers can simultaneously trade stock/stock index OTC products in many regions in the United States, Hong Kong, Australia, Europe, Japan and Singapore.

Placing an order on the MT4 platform is very simple. Simply select the asset in the market monitor window and click the Buy or Sell button. Traders can also set stop loss and take profit prices, as well as other important order parameters, such as order type, opening volume, etc.

· MT5 trading varieties

MT5 also supports a wide range of trading varieties, including foreign exchange, precious metals, energy products, stock indexes, U.S. dollar index, etc.

In the foreign exchange market, MT5 can trade multiple currency pairs, such as USD/JPY, EUR/USD, etc. Compared with MT4, MT5 also supports more types of foreign exchange transactions, such as cross-rate transactions.

In addition, MT5 also provides some other trading varieties, such as stocks, futures, options, etc. Through MT5, investors can trade stocks, ETFs and futures around the world, and unlike the CFDs provided by other brokers, MT5 provides real exchange-priced securities transactions and can enjoy all the real rights and interests of securities. .

4. Charts and technical analysis

· Charts and technical analysis for MT4

MT4 provides a variety of technical analysis tools, such as moving averages, trend lines, relative strength indicators, etc. These tools can help traders better analyze market trends and develop trading strategies. At the same time, MT4 also supports the addition of custom indicators, and traders can add or delete indicators to meet their own needs.

Mainly include the following contents:

Line chart: A line chart is one of the most basic chart types that connects price movements with straight lines and can clearly show price trends and support/resistance levels. Line charts can help traders identify market trends and develop trading strategies.

Bar Chart: The bar chart is a commonly used chart type that represents price movement as vertical bars, clearly showing price fluctuations and market momentum. Bar charts can help traders identify market trends, market momentum, overbought/oversold conditions, etc.

Candlestick Charts: Candlestick charts are a commonly used chart type that represent price movement as candle shapes that clearly show price movements, market trends, and support/resistance levels. Candlestick charts can help traders identify market movements and trading signals more accurately.

Technical indicators: MT4 provides a variety of technical indicators, including moving averages, RSI, MACD, Bollinger Bands, etc. These technical indicators can help investors analyze market trends, predict price changes, formulate trading strategies, etc.

Custom technical indicators: MT4 also supports the writing and loading of custom technical indicators, allowing investors to write specific technical indicators according to their own needs, further expanding charting and technical analysis functions.

·Charts and technical analysis of MT5

MT5 provides a richer set of line drawing tools and technical indicators, including 19 line drawing tools, more than 80 technical indicators and analysis tools, which enables investors to analyze market trends more accurately and make more reasonable trading decisions.

On the one hand, MT5 trading software covers a variety of chart types, including line charts, bar charts, candle charts, etc. These chart types allow investors to choose appropriate charts for observation and analysis d on different market conditions and trading needs. They also provide a large number of technical indicators, including moving averages, RSI, MACD, Bollinger Bands, etc. These technical indicators can help investors better analyze market trends, predict price movements and formulate trading strategies.

At the same time, MT5's line drawing tool is very flexible and can draw trend lines, parallel lines, golden sections, etc. Investors can use these line drawing tools to identify support and resistance levels, and predict price trends; it has a powerful historical data center that can provide detailed historical market data and statistical information; it also supports the writing and loading of custom indicators, which can Let investors write specific technical indicators d on their needs. This feature provides investors with greater flexibility and customization to meet a variety of different trading needs.

5. Risk management tools

· Risk management tools for MT4

The MT4 platform provides a series of reports, such as account history and asset reports, which can help traders better understand their performance and risk status. Traders can also view their account balances and positions through MT4 and adjust their account settings according to their needs.

MT4 trading software provides a series of risk management tools to help investors better control risks and reduce losses. Especially the price warning function: This function allows investors to set alarms. When the market price reaches the preset stop loss or take profit point, the system will automatically remind investors, which can help investors adjust their trading strategies in a timely manner and reduce losses. .

There is also a stop-profit and stop-loss function that is deeply trusted by investors. Timely setting of stop-profit and stop-loss during the investment process can help investors better control risks and reduce losses. And MT4 also uses advanced security technology to protect investors' personal information and transaction data, allowing investors to trade with confidence.

·MT5 risk management tools

The special feature of MT5 is the market depth function, which provides quotation charts, transaction time and transaction volume information to help you better analyze. It also supports unilateral trading mode and lock-up mode . Its algorithmic trading function is more powerful and is developed d on MQL5 language . It can also provide financial market news and provide risk management parameters, such as leverage ratio and stop loss and profit, etc., which can help investors control trading risks.

Therefore, if you choose MT5 as your trading software, investors can choose appropriate risk management tools according to their own needs to improve the flexibility and security of transactions. When using these tools, investors need to set and adjust them according to their actual situation to achieve the best risk management effect.

6. Conclusion

It can be seen that MT 4 and MT 5 have both similarities and differences, and have different application values in different investment collections. Investors can choose suitable trading tools d on their advantages and characteristics and trading s, so as to truly achieve better investment results.