MetaTrader 5

RATING:

4.45

(38)

About MetaTrader 5

MetaTrader 5 is a web-based trading platform designed to help Forex and stock traders automate trading using trading robots, signals and fundamental analysis. Key features include web trading, algorithmic trading, mobile trading and professional technical analysis. Teams using MetaTrader 5 can predict future market movements through thorough price analysis and forecasting. The application enables users to monitor all required financial instruments, examine short-term price fluctuations and long-term trends. Through the platform, individuals can read news reports from international news agencies, analyze various economic indicators and forecast their effect on stock prices and currency. Additionally, it allows traders to place pending orders and perform comprehensive ma...

MetaTrader 5 Pricing

Starting price: 

$2,000.00 per month

Free trial: 

Not Available

Free version: 

Not Available

All markets in one place
Slide 1 of 5

MetaTrader 5 Reviews

Overall Rating

4.45

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for MetaTrader 5

1 - 5 of 38 Reviews

User Profile

Daniel

Verified reviewer

Health, Wellness and Fitness, 501-1,000 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed January 2022

Great and simple platform for trading derivatives.

MetraTrader 5 makes trading so simple and easy to do provided you already have the knowledge to trade the money and capital markets. I enjoy trading on MetraTrader 5 so much as it makes my trading of CFDs so easy unlike other complex trading platforms.

PROS

MetraTrader 5 has a very simple and easy to understand user interface. As a result it makes trading on the platform very easy. I personally trade forex and other Contract For Difference (CFD) derivatives such as NAS100, US30, S&P 500 and synthetic indices on the platform.

CONS

Since MetraTrader 5 isn't an institutional trading platform it lacks certain security features that institutional platforms provide. As a result a lot of scammers tend to take screenshots of fake demo profits to lure unsuspecting people into investing with them and they end up losing their money to these scammers.

Rivoningo Shaun

Architecture & Planning, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2022

The best trading platform

I do personal forex trading and I am also teaching others to trade forex, they too appreciate the app.

PROS

It is easy to access trading account on this platform and payour is faster. Deposited funds appear on the platform immediately.

CONS

I have never come across difficulties when using the app, it is quite reliable.

Reason for choosing MetaTrader 5

MetaTrader5 is essy to use and requires little data to operate. It operates 24/7 so this is why I chose the app.

Reasons for switching to MetaTrader 5

Derive is slow, complicated and it requires a lot of data to operate.

Felipe

Education Management, 501-1,000 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

FUNCTIONALITY

4

Reviewed April 2023

Great and professional trading platform

Overall, I would recommend Metatrader 5 to experienced traders who are looking for a powerful and customizable platform. However, beginners may want to consider other options that are more user-friendly.

PROS

I have been using Metatrader 5 for both stock and currency trading, and overall, it has been a positive experience. The platform offers a wide range of features and tools, and there are many free and paid add-ons available to customize it to your needs. I particularly like the ability to use automated trading strategies and to access historical data for backtesting. The platform is also available on multiple devices, including desktop and mobile, which is convenient for trading on the go.

CONS

One issue I have encountered is that sometimes I am not confident that the data being displayed is up to date, which can affect the accuracy of my trades. Additionally, while there are many third-party add-ons available, I am concerned about the security of these applications and whether Metatrader ensures their safety. Finally, the platform can be somewhat difficult to use, particularly for beginners, and it may take some time to get used to its interface and features.

Kranthi

Accounting, 1 employee

Used daily for less than 6 months

Review Source
This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

2

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed January 2023

Works Platform to trade...No guaranty for Our FUNDS to withdraw

For the withdraw time they are asking us to pay unnecessary charges. Even that conditions they will not mention before.Huge loss for who trading with this platform.No guaranty for our funds and no support to withdrawal our amount from account.So many restrcions and so many condtion now i cannot able to withdraw my money.Huge loss now i am in trouble i paid all the taxes like Country ta ,Tether USA AND asking for Fin CEN......this all comes when your trying to withdraw amount from your account they will charge all this things........Its very bad and worest no one will help you from MT5.I Can say worst platform and Worst and bad experience with this app and enquiry support.Still i am trying for my money back..............I can say worst service

PROS

For the withdraw time they are aking us to pay unnecessary charges. Even that conditions they will not mention before.Huge loss for who trading with this platform

CONS

For the withdraw time they are aking us to pay unnecessary charges. Even that conditions they will not mention before.Huge loss for who trading with this platform

Anonymous

2-10 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2023

MetaTrader 5 is the Best Trading Platform

The hustle and bustle to run around to buy and sell or working hard to earn extra income is overcome by MetaTrader 5 by ensuring you to make money from anywhere anytime. Forex trading is indeed a rewarding market to which MetaTrader 5 becomes the interface between the trader and the various forex markets.

PROS

Instant Execution and Swaping are impressive and it is very easy to use in any computers like android phones, apple phones, laptops, desktops and tablets. I am a trader so the most reliable software or trading platform I have found in my daily and weekly trading is MetaTrader 5. It helps me a lot in my trading business.

CONS

The only feature that needs to be consistent with all the computers is the adjustment for take profit and stop loss executions. In a desktop the stop loss and take profit targets can be manually adjusted but the same is not found in the androids and tablets. Hence, when you are not trading using the desktop, and maybe when you are mobile, it is little bit difficult to manually adjust the take profit and stop loss targets. Hence, the tendency to making a loss is there.