NTFS (New Technology File System):
- Supports large files (up to 16 TB) and volumes (up to 256 TB)
- Provides file-level security and permissions
- Supports compression, encryption, and disk quotas
- Has journaling capabilities for better reliability
- Supports symbolic links and hard links
FAT32 (File Allocation Table 32):
- Limited to 4 GB maximum file size
- Maximum volume size of 32 GB (Windows formatting limitation)
- No built-in security features
- Compatible with multiple operating systems
- Simpler structure, faster for small files
NTFS is preferred for Windows systems due to its advanced features and security capabilities.