And if you're wondering why there's a "allowed" word in Pepperstone for hedging, it's very simple, because hedging is a very risky trading method and requires margin very large to accommodate your floating loss. And why doesn't metatrader 4 have a hedging feature? Because that's Pepperstone's term. As I know many brokers used metatrader 4 which allows hedging and not all brokers that use metatrader 5 also allow hedging. And not only metatrader, cTrader can also allow traders to hedging method. So that's just Pepperstone's hedging term and as I have shown you, hedging is not for beginners or experienced traders with little capital.

Does anyone have experience between metatrader 4 or metatrader 5. Based on the article, metatrader 4 might be the best choice for a forex trader as it is simple and very effective. But I don't understand what the meaning of simple and effective, while I am a common person who only knows about Forex and trading things for a while, and I have never even touched the Metatrader 4 and 5 applications (As far as I know this application more famous than cTrader).


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Harry G: I think the difference between metatrader 4 and metatrader 5 is really its trading experience, I mean what can I feel if I use metatrader 4 and what can I feel if I use metatrader 5.

In my experience, when I use metatrader 4, trading seems very simple, I mean there is a chart, there is an indicator and a Buy/Sell button as well as all the basic trading tools that we have. I can easily access. Moreover, the interface looks very colorful and makes us think that Forex trading is not that complicated. You can see the pic below :

But when I use metatrader 5, trading looks very complicated because you can choose many indicators and the chart looks very complicated but actually it is the same interface of Metatrader 4 but with more tools. See the Metatrader 5 pic below :

So, in other words, when I used metatrader 5, i think it is better for advance trader because the way we use the trading platform is also different. I mean the different feel about these two platforms are about trading experience. But if you are a beginner and want to trade with MT5 no problem.

Harry G: bro, if i were you, as a beginner i would start learning about metatrader 5 because it is more advanced and has many trading tools we can trade as well as many different that we can learn. Furthermore, ECN accounts also use this MT5 as it can show you the depth of the market, whereas Metatrader 4 cannot do this feature. Also, as the article said, metatrader 4 is only focused on Forex Trading and I think it is not flexible at all because if you want to trade crypto for example and MT4 does not, you have to trade on MT5 and to do that you have to open another account. But choosing the best trading platform is up to you. Just try all of Pepperstone's trading platforms to find the one that works best for you.

Thank you pepperstone for this great opportunity, I can now trade all of the five major cryptocurrencies through your platform. This has been what I have been yearning to do for a very long time, even most individual traders and enthusiasts with very strong experience of cryptocurrency still adopt this sometimes.

Via chat, a chatbot first tries to answer your inquiries but quickly passes you on to a live agent. In my live chat tests, wait times were short, usually less than a minute. By email (support@pepperstone.com), I received replies within 24 hours. Finally, I experienced short wait times of less than a minute when making contact by phone. ff782bc1db

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