Be efficient in decision making because a wrong decision leads to balance crashes. You have to set your trading target considering leverage and spread.
Invest in Forex with your fund and don’t try to take loan from banks or any other commercial firms because you have to interest for the loan and the return from forex is uncertain.
MT4 is favored for its simplicity and extensive range of trading tools, making it ideal for many traders. MT5 offers advanced features, including more timeframes, built-in economic calendars, and improved order execution. The choice depends on your needs for complexity versus functionality.