MT4 vs. MT5: Here's what to use for Forex traders…
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In this second video of the Successfully Trading Forex in 2020 Series, I am joined by Mitchell Walls, the Head of Clients at Pepperstone to discuss why Forex brokers and traders choose MT4 and MT5 as well as what are the differences between the two platforms. (disclaimer below)
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The information provided in this presentation reflects the view of the analyst and does not reflect the opinion of Pepperstone. It is generic in nature and for educational purposes only. Pepperstone does not represent that any of the information provided is accurate, current, or complete and you should not rely upon it when making your trading or investment decisions.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.5% of Pepperstone Limited’s retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. (Updated Mar 2020)
‘Pepperstone' means Pepperstone Group Limited and Pepperstone Limited. Pepperstone Group Limited is located at Level 16, Tower One, 727 Collins Street, Melbourne VIC 3008 AUSTRALIA (ACN 147 055 703) and is regulated by ASIC (AFSL 414530).
Pepperstone Limited is registered at 70 Gracechurch St, London, EC3V 0HR UNITED KINGDOM (Company Number 08965105) and is authorized and regulated by the Financial Conduct Authority (FRN 684312).
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader (who has the chance to travel the world anytime) and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
You see, a lot of aspiring Forex traders lack the confidence to pursue their dreams. I'm there not only to help you develop your confidence but also to implement the tactics that are proven to give you results. You'll develop Forex trading discipline and the other skills you need in NO time!
Ultimately, you'll get to experience what a day in the life of a Forex trader truly looks like, but you'll also have to be consistent with your Forex weekly review!
I produce a traveling Forex trader vlog and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!
All Products Used In This Video
- Camera: Canon EOS M6
- Tripod: Sirui 3T-35K
- Editing software: Final Cut Pro (Mac)
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn't affect you in any way in the checkout process (I'm sometimes even able to arrange a discount for you that is special from other customers).
If you got value from this video, you might want to consider checking out the Desire To TRADE Academy where I’ll help you develop a solid trading strategy, implement the things successful traders do, and more! That's all going to be done while you build a lifestyle you love!
If you are wondering how to put together a solid trading plan for trading Forex for others, I recommend you grab my FREE One-Page Trading Plan Template. It will help you simplify your trading strategy on a single page!