I’m trying to decide between opening an MT4 or MT5 account with FBS, and I want to know what actually works better for active traders, not just the marketing pitch.
I know MT5 has more features and MT4 is more stable, but that’s generic advice. I need to understand the real differences when you’re actually placing trades. How does execution speed compare? Do you get slippage on one platform more than the other? And most importantly, how does platform stability affect your actual profit when you factor in real trading conditions?
I’m also wondering if the choice between MT4 and MT5 changes when you add GlobeGain rebates into the equation. Like, does one platform make it easier to track your cashback or does it matter at all?
Has anyone here actually used both on FBS for a few months? What made the real difference for your trading—platform features, stability, execution quality, or something else?
MT4 stable. MT5 faster. Pick one and test.
Execution same on both. Stability matters more.
Platform choice matters less than broker quality. Here’s what I’d test on FBS:
MT4: Better community resources, more third party tools, proven track record. Execution is solid for most trading styles.
MT5: Faster order processing, native hedging support, better for EA development. Slightly faster slippage recovery on FBS.
The difference is marginal. Your real ROI driver is execution quality and spread management, not the platform itself.
GlobeGain rebates track the same on both. Test MT5 first since most brokers are moving that direction anyway. If you hit stability issues, switch to MT4.
I’ve used both on FBS and honestly didn’t feel a huge difference in day-to-day trading. Both platforms executed my orders fine.
The main thing I noticed was that MT5 had a few extra features I didn’t really need, so it felt more cluttered. MT4 was simpler to navigate.
If you’re just starting out, MT4 is probably the easier choice. Both work well enough for active trading.
Both handle rebates the same way. Platform isn’t the issue.
Switched from MT4 to MT5 on FBS six months ago. Here’s what I found:
MT4 was rock solid but felt outdated. MT5 gave me better order routing for scalping, which mattered for my strategy. Execution was cleaner and slippage was less common.
The stability on both is fine—FBS maintains both properly. The real difference was execution quality during high volatility, where MT5 showed a slight edge.
For tracking GlobeGain rebates, both are identical. Pick MT5 if you scalp or trade actively. MT4 if you prefer simplicity and don’t need the extra features. Your trading style matters more than the platform.
I run both accounts simultaneously on FBS. MT4 for swing trades, MT5 for faster scalping sessions. Execution is cleaner on MT5 during busy hours, which adds up over time when you’re trading a lot.
Neither platform has crashed on me. Both integrate rebates the same way. The choice comes down to your trading frequency and style, not FBS’s platform quality.