This overview is devoted to the main order types used in trading. Orders allow for opening and closing positions, limiting losses, and taking profit.
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The truth is that MT5 features many more interesting functions that help in trading while MT4, to my mind, has too many limitations. Let us discuss some of them.
MetaTrader 5 was released in 2010. It is intended for performing trading operations on different financial markets. This program is an updated and improved version of MetaTrader 4, a very famous terminal, which is extremely popular among traders.