A welcome bonus does not help if you cannot find the order ticket. Platform fit is a research step, not a preference badge. Open the entity’s own site and see whether you get MetaTrader 4, MetaTrader 5, cTrader, or a web desk — then demo the one you will use.
What actually differs on the ticket
MT4 is still common for simple FX and gold tickets. MT5 adds more order types and a different market-watch layout. Neither is “safer”. A licence covers the firm, not the terminal skin.
If a review says a broker is “best for MT5” but the account form only lists MT4, believe the form.
Demo both if you can
One session on each platform tells you whether you can place a stop, find swap, and read history without hunting. Our note on demo vs live still applies: a green demo curve is not a withdrawal.
Then check the entity
Platform first is not licence last. Confirm the legal name on the regulator register, then use our tools page only to watch price — never to copy a trade. Peak Pips does not run your account.