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Home · Quizzes · MT4 / MT5 Quiz
ShaFX Trader Assessment

MT4 / MT5 Quiz

Order types, charting, terminal usage, and key differences between MT4 and MT5.

10 questions · pick the best answer · explanations shown after submission · educational only.

1. Which is true about MT5 vs MT4?

2. A "Sell Limit" order is placed...

3. A "Buy Stop" order is placed...

4. In MT4/5, the Magic Number is used for...

5. Custom indicators in MT4 use which language?

6. Which is correct about lot size in MT4/5?

7. "Stop Out" level means...

8. A "Trailing Stop" in MT4/5 typically...

9. Hedge accounts vs netting accounts (MT5)...

10. Backup of MT4 templates and EAs lives in...

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Educational only. ShaFX quiz content is for trading knowledge assessment. It is not financial, legal, tax, or religious advice. Trading involves risk and most retail investor accounts lose money.