This overview is devoted to the main order types used in trading. Orders allow for opening and closing positions, limiting losses, and taking profit.
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.