Choose a trading platform that reflects your requirements and meet your financial goals. Most seasoned traders are satisfied with a trading platform that’s reliable and user friendly. The MT5 platform was to enable access to major stock markets. Therefore, MT4 is great for the decentralised foreign exchange market. Traders who want to explore different markets and demand access to additional timeframes, however, may find the MT5 platform to be the better alternative. Some traders choose to remain with MT4 due to algorithmic trading strategies while Iress platform users consider the risk management features with an enhanced trading toolbox for trading the financial markets.