MetaTrader 4 versus MetaTrader 5 Trading Platforms http://www.financial-spread-betting.com/intertrader/metatrader.html We ask Shai Heffetz, managing director of InterTrader about the difference between MT4 and MT5 forex trading platforms. MT5 is the newer and more advanced platform compraed to MT4 - it has some deficiencies in terms of adaptability to customers that are used to MT4 but I'm confident the developers of MT5 will be able to overcome those challenges. MetaTrader 4 is nearing its end of life now. MT4 is very popular because its a reliable trading platform and because of the availability of expert advisors.
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