Hi, I am doing a little experiment in order to "compare" MT5 with MT4. The setup is the following:
1 Chocoping VPS - location NY (3 CPU - 3 GB)
1 MT4 terminal
1 MT5 terminal
Each acc funded with 3k - such as Jarred did.
Same pairs on both of them. Default settings!
Broker each FPMarkets (intl.) raw account - 1:500 leverage
I started on 10. of October.
I realized later that default settings are different between MT4 and MT5. Especially the auto risk value is 3 times higher on MT5 default settings. So for comparison may need to keep it in mind.
Both accounts made just a few trades .. somme losses some winners sometimes 3% gain sometimes 3% losses. Nothing to worry about. Until today.
The MT4 account is at the moment ~ 3% in plus.
The MT5 account was almost not trading at all, but it is now 135% in profit. And 125% it just today. For comparing purpose if it's not like comparing apples with pears as default settings are not the same, I may divide the 135% by 3 as auto risk is 3 times higher. that would still mean ~45%.
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For my feeling risk for MT5 is a bit too high. But in total I am happy. How were your results?