Most brokers in Malaysia still default brand new clients to the older MT4 trading platform with little explanation. There’s no conspiracy involved - most Malaysian trading forums and communities simply have established themselves on MT4 with thousands of MT4 custom indicators and tutorials to go around. This subtle default setting however unconsciously dictates how many people trade without their conscious selection. 
You get more trading assets in MT5 Beyond ForexMost new Malaysian forex traders only know MT4 for its currency pairs.MT5, however, was designed to be a multi-asset platform; with stocks, futures, commodities, and more directly accessible through the platform itself. If you ever wanted to explore US stock CFD trading in addition to Forex on one platform, the MT4 is not natively supported and would require separate account at your broker while MT5 provides everything. The Timeframe Selection In MT4 vs MT5 MT4 provides traders with 9 different timeframes whereas MT5 features up to 21 different timeframes including those like the 2-hour and 3-hour, which are popular with some swing traders to filter out ‘noise’. If your strategy employs a broad spectrum of technical indicators and price chart patterns across multiple timeframes, these additional timeframes can make a MT4 forex spreads Malaysia real difference to trade execution not just appearances. More MT4 Indicators in the ‘Wild’Ironically, there’s a far larger ecosystem of free and commercial MT4 Custom Indicators and Expert Advisor (EA) tools available across the web thanks to its prolonged dominance as the de facto trading platform for retail traders around the world. In spite of MT5 gaining market share, it is still not yet there in terms of indicator support and if your strategy involves specific MT4 EAs and scripts that your community uses, you might require significant tweaking for it to be operational on MT5. Deeper order and execution model The order management and execution systems between MT4 and MT5 are different, with the newer MT5 having a more flexible and capable system that allows for more precise partial order execution, better suited to ultra-fast trading styles and higher-frequency strategies on instruments that tend to be volatile, likeGBP/JPY during news events. Which platform is actually “better”? Both are excellent. It is somewhat of a choice between automatic and manual cars. You are not going to hit a major stumbling block with either in Malaysia, it is really a matter of preference and how you are used to trading.
You get more trading assets in MT5 Beyond ForexMost new Malaysian forex traders only know MT4 for its currency pairs.MT5, however, was designed to be a multi-asset platform; with stocks, futures, commodities, and more directly accessible through the platform itself. If you ever wanted to explore US stock CFD trading in addition to Forex on one platform, the MT4 is not natively supported and would require separate account at your broker while MT5 provides everything. The Timeframe Selection In MT4 vs MT5 MT4 provides traders with 9 different timeframes whereas MT5 features up to 21 different timeframes including those like the 2-hour and 3-hour, which are popular with some swing traders to filter out ‘noise’. If your strategy employs a broad spectrum of technical indicators and price chart patterns across multiple timeframes, these additional timeframes can make a MT4 forex spreads Malaysia real difference to trade execution not just appearances. More MT4 Indicators in the ‘Wild’Ironically, there’s a far larger ecosystem of free and commercial MT4 Custom Indicators and Expert Advisor (EA) tools available across the web thanks to its prolonged dominance as the de facto trading platform for retail traders around the world. In spite of MT5 gaining market share, it is still not yet there in terms of indicator support and if your strategy involves specific MT4 EAs and scripts that your community uses, you might require significant tweaking for it to be operational on MT5. Deeper order and execution model The order management and execution systems between MT4 and MT5 are different, with the newer MT5 having a more flexible and capable system that allows for more precise partial order execution, better suited to ultra-fast trading styles and higher-frequency strategies on instruments that tend to be volatile, likeGBP/JPY during news events. Which platform is actually “better”? Both are excellent. It is somewhat of a choice between automatic and manual cars. You are not going to hit a major stumbling block with either in Malaysia, it is really a matter of preference and how you are used to trading.